SJW Group (NYSE:SJW) Releases FY 2024 Earnings Guidance

SJW Group (NYSE:SJW) issued an update on its FY 2024 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.680-2.780 for the period, compared to the consensus estimate of 2.750. The company issued revenue guidance of -.

SJW Group Trading Up 3.7 %

SJW traded up $2.10 on Monday, hitting $58.52. The company had a trading volume of 19,567 shares, compared to its average volume of 186,978. The firm has a market cap of $1.91 billion, a P/E ratio of 20.74, a PEG ratio of 3.42 and a beta of 0.62. SJW Group has a 1 year low of $51.17 and a 1 year high of $70.43. The company’s fifty day moving average price is $58.52 and its 200 day moving average price is $56.87. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.22.

Analyst Ratings Changes

SJW has been the topic of a number of recent research reports. Wells Fargo & Company boosted their price target on shares of SJW Group from $62.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Friday, July 26th. Bank of America initiated coverage on shares of SJW Group in a research note on Friday, September 20th. They set a “neutral” rating and a $65.00 price target on the stock.

SJW Group Company Profile

SJW Group, through its subsidiaries, provides water utility and other related services in the United States. It operates in Water Utility Services and Real Estate Services segments. The company engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services; and supplies groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.