Should I buy or sell SJW Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SJW Group in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SJW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJW, but not buy additional shares or sell existing shares. View SJW analyst ratings or view top-rated stocks .

What is SJW Group's stock price target for 2024?

3 brokers have issued twelve-month target prices for SJW Group's stock. Their SJW share price targets range from $60.00 to $76.00. On average, they anticipate the company's stock price to reach $65.67 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View analysts price targets for SJW or view top-rated stocks among Wall Street analysts .

How have SJW shares performed in 2024?

SJW Group's stock was trading at $65.35 on January 1st, 2024. Since then, SJW stock has decreased by 9.2% and is now trading at $59.36. View the best growth stocks for 2024 here .

When is SJW Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our SJW earnings forecast .

How were SJW Group's earnings last quarter?

SJW Group (NYSE:SJW) released its quarterly earnings results on Monday, October, 30th. The utilities provider reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.17. The utilities provider earned $204.80 million during the quarter, compared to analysts' expectations of $186.93 million. SJW Group had a net margin of 14.85% and a trailing twelve-month return on equity of 8.53%. SJW Group's revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share.

How often does SJW Group pay dividends? What is the dividend yield for SJW Group?

SJW Group announced a quarterly dividend on Thursday, January 25th. Investors of record on Monday, February 5th will be paid a dividend of $0.40 per share on Friday, March 1st. This represents a $1.60 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend is Friday, February 2nd. This is an increase from the stock's previous quarterly dividend of $0.19. Read our dividend analysis for SJW .

Is SJW Group a good dividend stock?

SJW Group (NYSE:SJW) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.70%. The company has been increasing its dividend for 57 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 50.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SJW will have a dividend payout ratio of 57.76% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SJW .

What ETFs hold SJW Group's stock?

ETFs with the largest weight of SJW Group (NYSE:SJW) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) , First Trust Water ETF (FIW) , Invesco S&P Global Water Index ETF (CGW) , Invesco Water Resources ETF (PHO) , VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) , Global X Clean Water ETF (AQWA) , iShares Environmental Infrastructure and Industrials ETF (EFRA) and Ecofin Global Water ESG Fund (EBLU) .

What is Rich Roth's approval rating as SJW Group's CEO?

5 employees have rated SJW Group Chief Executive Officer Rich Roth on Glassdoor.com . Rich Roth has an approval rating of 60% among the company's employees. This puts Rich Roth in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of SJW Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SJW Group investors own include California Water Service Group (CWT) , Johnson & Johnson (JNJ) , Williams Companies (WMB) , McDonald's (MCD) , Altria Group (MO) , Pfizer (PFE) , Aflac (AFL) , Colgate-Palmolive (CL) , Medtronic (MDT) and PepsiCo (PEP) .

Who are SJW Group's major shareholders?

SJW Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cerity Partners LLC (5.04%), Nuance Investments LLC (3.51%), Dimensional Fund Advisors LP (2.27%), Charles Schwab Investment Management Inc. (0.97%), Victory Capital Management Inc. (0.71%) and Norges Bank (0.65%). Insiders that own company stock include Andrew Gere, Carl Guardino, Craig J Patla, James Patrick Lynch and Katharine Armstrong . View institutional ownership trends .

How do I buy shares of SJW Group?

Shares of SJW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does SJW Group have any subsidiaries?

The following companies are subsidiares of SJW Group: Connecticut Water Service. Read More

NYSE:SJW

SJW Group (SJW) Stock Price, News & Analysis

$59.36

+0.42 (+0.71%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $58.52
▼
$59.65
50-Day Range: $58.57
▼
$69.19
52-Week Range: $56.96
▼
$81.86

Volume: 123,900 shs
Average Volume: 159,961 shs
Market Capitalization: $1.90 billion

P/E Ratio: 18.73
Dividend Yield: 2.70%
Price Target: $65.67

Get SJW Group alerts:

SJW Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 10.6% Upside
$65.67 Price Target
Short Interest: Healthy
1.99% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.61
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 2.97%
From $2.69 to $2.77 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Utilities Sector

58th out of 90 stocks

Water Supply Industry

9th out of 11 stocks

2.0

Analyst's Opinion

Consensus Rating
SJW Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $65.67, SJW Group has a forecasted upside of 10.6% from its current price of $59.36.
Amount of Analyst Coverage
SJW Group has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.99% of the float of SJW Group has been sold short.
Short Interest Ratio / Days to Cover
SJW Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in SJW Group has recently decreased by 3.65%, indicating that investor sentiment is improving.

4.2

Dividend Strength

Dividend Yield
SJW Group pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
SJW Group has been increasing its dividend for 57 years.
Dividend Coverage
The dividend payout ratio of SJW Group is 50.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, SJW Group will have a dividend payout ratio of 57.76% next year. This indicates that SJW Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SJW.

2.6

News and Social Media Coverage

News Sentiment
SJW Group has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for SJW Group this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for SJW on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
2 people have added SJW Group to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SJW Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.60% of the stock of SJW Group is held by insiders.
Percentage Held by Institutions
72.89% of the stock of SJW Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for SJW Group are expected to grow by 2.97% in the coming year, from $2.69 to $2.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SJW Group is 18.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of SJW Group is 18.73, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 81.94.
Price to Book Value per Share Ratio
SJW Group has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SJW Group Stock (NYSE:SJW)

SJW Group, through its subsidiaries, provides water utility services in the United States. It operates in two segments, Water Utility Services and Real Estate Services. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services. The company also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services and sewer operations to water utilities; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. Its water supply consists of groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District. The company offers water service to approximately 232,000 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino, as well as in the cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos; and adjacent unincorporated territories in the County of Santa Clara in the State of California. In addition, it provides water service to approximately 141,000 service connections, which serve approximately 459,000 people in 81 municipalities with a service area of approximately 270 square miles throughout Connecticut and Maine, as well as approximately 26,000 service connections that serve approximately 77,000 people in a service area comprising approximately 268 square miles in the region between San Antonio and Austin, Texas; and approximately 3,000 wastewater connections in Southbury, Connecticut. Further, the company owns undeveloped land in California and Tennessee; and owns and operates commercial buildings and warehouse properties in Tennessee. The company was formerly known as SJW Corp. and changed its name to SJW Group in November 2016. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.

SJW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SJW Stock News Headlines

February 5, 2024 | finance.yahoo.com

SJW Group Announces Deferral of San Jose Water Company’s Cost of Capital Filing to May 1, 2025

February 5, 2024 | finance.yahoo.com

Best Income Stocks to Buy for February 5th

February 12, 2024 | The Freeport Society (Ad)

Obama’s 2024 Confession

Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.

February 3, 2024 | news.yahoo.com

Paris takes aim at SUVs with premium parking vote

February 2, 2024 | finance.yahoo.com

SJW Group's Dividend Analysis

February 1, 2024 | msn.com

France offers cash and support to protesting farmers

January 31, 2024 | news.yahoo.com

Iran hangs four Kurds on Israel spying charges

January 30, 2024 | barrons.com

Protesting French Farmers Plan Blockade Of Paris

February 12, 2024 | The Freeport Society (Ad)

Obama’s 2024 Confession

January 30, 2024 | news.yahoo.com

Businesses on strike in western Iran after Kurds executed: activists

January 30, 2024 | news.yahoo.com

French 'mindsets evolving' says country's first openly-gay PM

January 28, 2024 | finance.yahoo.com

SJW Group (NYSE:SJW) Is Paying Out A Larger Dividend Than Last Year

January 25, 2024 | marketwatch.com

SJW Group Raises Quarterly Dividend by 5.3%

January 25, 2024 | finance.yahoo.com

SJW Group Declares Dividend and Announces 2024 Dividend Increase

January 25, 2024 | finance.yahoo.com

SJW Group's (NYSE:SJW) latest 3.6% decline adds to one-year losses, institutional investors may consider drastic measures

January 24, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights American Water Works, California Water Service, SJW Group and Consolidated Water

January 22, 2024 | finance.yahoo.com

4 Stocks to Watch From the Flourishing Water Supply Industry

January 18, 2024 | finance.yahoo.com

Reasons to Add SJW Group (SJW) Stock to Your Portfolio Now

January 16, 2024 | finance.yahoo.com

All You Need to Know About SJW (SJW) Rating Upgrade to Strong Buy

January 16, 2024 | finance.yahoo.com

CWT or SJW: Which Water Utility Stock Should You Invest in?

January 10, 2024 | msn.com

SJW Group (SJW) Unit Files for Rate Hike, Focuses on Upgrade

January 9, 2024 | finance.yahoo.com

San Jose Water Files General Rate Case Application Focused on Infrastructure Upgrades and Water System Safety and Resiliency

December 30, 2023 | morningstar.com

SJW Group SJW

December 29, 2023 | msn.com

Reasons to Add Global Water Resources (GWRS) to Your Portfolio Now

December 27, 2023 | finance.yahoo.com

3 Utilities to Strengthen Your Portfolio in 2024

December 19, 2023 | finance.yahoo.com

SJW Group Earns Coveted Spot on Newsweek Excellence 1000 Index 2024

November 23, 2023 | finance.yahoo.com

MDU Resources' (MDU) 5-Year Capex to Focus on Energy Delivery

See More Headlines

Receive SJW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SJW Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 10/30/2023
Ex-Dividend for 12/1 Dividend: 11/03/2023
Dividend Payable: 12/01/2023
Ex-Dividend for 3/1 Dividend: 2/02/2024
Today: 2/12/2024
Next Earnings (Estimated): 2/28/2024
Dividend Payable: 3/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Water supply
Sub-Industry: Water Utilities
Current Symbol: NYSE:SJW
CUSIP: 78430510
CIK: 766829
Web: www.sjwgroup.com
Phone: (408) 279-7800
Fax: 408-279-7917
Employees: 757
Year Founded: 1985

Price Target and Rating

Average Stock Price Target: $65.67
High Stock Price Target: $76.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +10.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.17
Trailing P/E Ratio: 18.73
Forward P/E Ratio: 22.07
P/E Growth: N/A
Net Income: $73.83 million
Net Margins: 14.85%
Pretax Margin: 16.18%
Return on Equity: 8.53%
Return on Assets: 2.68%

Debt

Debt-to-Equity Ratio: 1.26
Current Ratio: 0.74
Quick Ratio: 0.74

Sales & Book Value

Annual Sales: $620.70 million
Price / Sales: 3.05
Cash Flow: $5.94 per share
Price / Cash Flow: 10.00
Book Value: $36.64 per share
Price / Book: 1.62

Miscellaneous

Outstanding Shares: 31,930,000
Free Float: 31,741,000
Market Cap: $1.90 billion
Optionable: Optionable
Beta: 0.60

7 Stocks to Own Before the 2024 Election

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

Mr. Eric W. Thornburg (Age 64)
Chairman, President & CEO
Comp: $1.44M
Mr. Andrew F. Walters (Age 53)
CFO & Treasurer
Comp: $656.87k
Mr. Bruce A. Hauk (Age 53)
Chief Operating Officer
Comp: $459.94k
Ms. Kristen A. Johnson (Age 58)
Senior VP & Chief Administrative Officer
Comp: $542.2k
Mr. Mohammed G. Zerhouni (Age 48)
Senior VP of Finance, Principal Accounting Officer, Assistant Treasurer & Controller
Mr. Willie D. Brown Jr. (Age 56)
VP & General Counsel
Liann Walborsky
Director of Corporate Communications
Ms. Stephanie Orosco
Chief Human Resources Officer
Mr. Craig J. Patla (Age 57)
President of CT Water
Ms. Aundrea Williams
President of The Texas Water Company

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SJW Stock Analysis - Frequently Asked Questions

Should I buy or sell SJW Group stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SJW Group in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SJW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJW, but not buy additional shares or sell existing shares.
View SJW analyst ratings or view top-rated stocks.
What is SJW Group's stock price target for 2024?: 3 brokers have issued twelve-month target prices for SJW Group's stock. Their SJW share price targets range from $60.00 to $76.00. On average, they anticipate the company's stock price to reach $65.67 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for SJW or view top-rated stocks among Wall Street analysts.
How have SJW shares performed in 2024?: SJW Group's stock was trading at $65.35 on January 1st, 2024. Since then, SJW stock has decreased by 9.2% and is now trading at $59.36.
View the best growth stocks for 2024 here.
When is SJW Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our SJW earnings forecast.
How were SJW Group's earnings last quarter?: SJW Group (NYSE:SJW) released its quarterly earnings results on Monday, October, 30th. The utilities provider reported $1.13 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.17. The utilities provider earned $204.80 million during the quarter, compared to analysts' expectations of $186.93 million. SJW Group had a net margin of 14.85% and a trailing twelve-month return on equity of 8.53%. SJW Group's revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share.
How often does SJW Group pay dividends? What is the dividend yield for SJW Group?: SJW Group announced a quarterly dividend on Thursday, January 25th. Investors of record on Monday, February 5th will be paid a dividend of $0.40 per share on Friday, March 1st. This represents a $1.60 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend is Friday, February 2nd. This is an increase from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for SJW.
Is SJW Group a good dividend stock?: SJW Group (NYSE:SJW) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.70%. The company has been increasing its dividend for 57 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 50.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SJW will have a dividend payout ratio of 57.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SJW.

What ETFs hold SJW Group's stock?: ETFs with the largest weight of SJW Group (NYSE:SJW) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), First Trust Water ETF (FIW), Invesco S&P Global Water Index ETF (CGW), Invesco Water Resources ETF (PHO), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Global X Clean Water ETF (AQWA), iShares Environmental Infrastructure and Industrials ETF (EFRA) and Ecofin Global Water ESG Fund (EBLU).
What is Rich Roth's approval rating as SJW Group's CEO?: 5 employees have rated SJW Group Chief Executive Officer Rich Roth on Glassdoor.com. Rich Roth has an approval rating of 60% among the company's employees. This puts Rich Roth in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of SJW Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SJW Group investors own include California Water Service Group (CWT), Johnson & Johnson (JNJ), Williams Companies (WMB), McDonald's (MCD), Altria Group (MO), Pfizer (PFE), Aflac (AFL), Colgate-Palmolive (CL), Medtronic (MDT) and PepsiCo (PEP).
Who are SJW Group's major shareholders?: SJW Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cerity Partners LLC (5.04%), Nuance Investments LLC (3.51%), Dimensional Fund Advisors LP (2.27%), Charles Schwab Investment Management Inc. (0.97%), Victory Capital Management Inc. (0.71%) and Norges Bank (0.65%). Insiders that own company stock include Andrew Gere, Carl Guardino, Craig J Patla, James Patrick Lynch and Katharine Armstrong.
View institutional ownership trends.
How do I buy shares of SJW Group?: Shares of SJW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does SJW Group have any subsidiaries?: The following companies are subsidiares of SJW Group: Connecticut Water Service.
Read More

This page (NYSE:SJW) was last updated on 2/12/2024 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial