Headlines about American States Water (NYSE:AWR) have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American States Water earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 45.7293906063109 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

A number of research analysts have commented on the company. Zacks Investment Research raised American States Water from a “hold” rating to a “strong-buy” rating and set a $64.00 price target for the company in a research report on Monday, October 23rd. Wells Fargo & Company upped their price target on American States Water from $46.00 to $48.00 and gave the company a “market perform” rating in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $51.00.

American States Water (AWR) opened at $56.27 on Friday. The company has a market capitalization of $2,070.17, a P/E ratio of 30.84, a price-to-earnings-growth ratio of 6.58 and a beta of 0.48. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 0.61. American States Water has a 52-week low of $41.14 and a 52-week high of $58.11.

American States Water (NYSE:AWR) last released its quarterly earnings results on Monday, November 6th. The utilities provider reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). The business had revenue of $124.40 million for the quarter, compared to the consensus estimate of $145.78 million. American States Water had a net margin of 15.28% and a return on equity of 13.34%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.59 EPS. equities research analysts forecast that American States Water will post 1.72 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were given a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Tuesday, November 14th. American States Water’s payout ratio is 55.74%.

In other American States Water news, Director Anne M. Holloway sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $55.00, for a total transaction of $55,000.00. Following the transaction, the director now owns 38,399 shares in the company, valued at approximately $2,111,945. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Diana M. Bonta sold 1,675 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $57.42, for a total value of $96,178.50. The disclosure for this sale can be found here. Insiders have sold a total of 5,775 shares of company stock valued at $311,573 in the last ninety days. 1.49% of the stock is currently owned by corporate insiders.

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American States Water Company Profile

American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc (ASUS), as well as ASUS’ subsidiaries, such as Fort Bliss Water Services Company (FBWS), Terrapin Utility Services, Inc (TUS), Old Dominion Utility Services, Inc (ODUS), Palmetto State Utility Services, Inc (PSUS) and Old North Utility Services, Inc (ONUS).

Insider Buying and Selling by Quarter for American States Water (NYSE:AWR)

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