American States Water (AWR) Projected to Post Earnings on Wednesday

American States Water (NYSE:AWR) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 19th. Analysts expect American States Water to post earnings of $0.64 per share and revenue of $160.17 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

American States Water Stock Performance

NYSE:AWR opened at $74.11 on Tuesday. American States Water has a 1 year low of $66.03 and a 1 year high of $87.50. The firm’s fifty day simple moving average is $75.89 and its 200 day simple moving average is $80.67. The company has a current ratio of 0.69, a quick ratio of 0.64 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $2.78 billion, a PE ratio of 24.95, a PEG ratio of 12.59 and a beta of 0.53.

American States Water Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Tuesday, February 18th will be given a $0.4655 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.86 annualized dividend and a yield of 2.51%. American States Water’s dividend payout ratio is 62.63%.

Analyst Upgrades and Downgrades

AWR has been the topic of several research analyst reports. StockNews.com lowered shares of American States Water from a “hold” rating to a “sell” rating in a research report on Wednesday, November 27th. Wells Fargo & Company lowered shares of American States Water from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $84.00 to $77.00 in a research report on Tuesday, January 7th. Finally, Bank of America lowered shares of American States Water from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $85.00 to $71.00 in a research report on Monday, February 3rd.

About American States Water

American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. It operates through three segments: Water, Electric, and Contracted Services. The company purchases, produces, distributes, and sells water, as well as distributes electricity.