H2O America (NASDAQ:HTO – Get Free Report) has earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $65.6667.
Several equities research analysts recently weighed in on the stock. Robert W. Baird increased their price objective on shares of H2O America from $67.00 to $72.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Seaport Research Partners restated a “buy” rating and issued a $67.00 target price on shares of H2O America in a research note on Wednesday. BTIG Research set a $70.00 target price on H2O America in a report on Wednesday, July 29th. Wall Street Zen raised H2O America from a “sell” rating to a “hold” rating in a report on Sunday. Finally, Zacks Research upgraded H2O America from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd.
Read Our Latest Stock Analysis on HTO
Insider Buying and Selling
Institutional Investors Weigh In On H2O America
A number of hedge funds have recently added to or reduced their stakes in HTO. BlackRock Inc. bought a new position in shares of H2O America during the second quarter worth about $431,857,000. Vanguard Group Inc. bought a new stake in H2O America in the 4th quarter valued at about $133,834,000. Amundi bought a new stake in H2O America in the 3rd quarter valued at about $105,965,000. Cerity Partners LLC acquired a new position in H2O America during the 4th quarter valued at about $70,830,000. Finally, Morgan Stanley boosted its stake in H2O America by 123.0% during the 4th quarter. Morgan Stanley now owns 1,368,180 shares of the utilities provider’s stock valued at $67,027,000 after purchasing an additional 754,715 shares during the period. 84.29% of the stock is currently owned by institutional investors.
H2O America Price Performance
HTO stock opened at $63.85 on Monday. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 7.36 and a beta of 0.34. H2O America has a 1-year low of $43.75 and a 1-year high of $67.09. The firm has a fifty day moving average price of $61.07 and a two-hundred day moving average price of $58.22. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.67 and a quick ratio of 1.67.
H2O America (NASDAQ:HTO – Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. H2O America had a net margin of 12.91% and a return on equity of 6.65%. The company had revenue of $210.47 million for the quarter. H2O America has set its FY 2026 guidance at 3.080-3.180 EPS. Research analysts predict that H2O America will post 2.8 EPS for the current year.
H2O America Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Monday, August 10th. H2O America’s dividend payout ratio is presently 62.19%.
H2O America 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.
Recommended Stories
- Five stocks we like better than H2O America
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Receive News & Ratings for H2O America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H2O America and related companies with MarketBeat.com's FREE daily email newsletter.
