Q3 Earnings Estimate for WTTR Issued By Northland Securities

Posted by Geri Gentry on Aug 12th, 2026

Select Water Solutions, Inc. (NYSE:WTTR – Free Report) – Northland Securities increased their Q3 2026 earnings per share estimates for shares of Select Water Solutions in a report issued on Tuesday, August 11th. Northland Securities analyst B. Brooks now forecasts that the company will post earnings of $0.16 per share for the quarter, up from their previous forecast of $0.11. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.54 per share. Northland Securities also issued estimates for Select Water Solutions’ Q4 2026 earnings at $0.13 EPS, FY2026 earnings at $0.53 EPS, Q1 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.21 EPS, Q4 2027 earnings at $0.18 EPS and FY2027 earnings at $0.74 EPS.

Select Water Solutions (NYSE:WTTR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Select Water Solutions had a return on equity of 3.22% and a net margin of 2.24%.The company had revenue of $395.81 million during the quarter, compared to analysts’ expectations of $373.33 million. During the same period last year, the firm earned $0.10 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis.

Several other equities research analysts also recently weighed in on the company. Raymond James Financial downgraded Select Water Solutions from a “strong-buy” rating to an “outperform” rating and increased their price target for the stock from $24.00 to $26.00 in a report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Select Water Solutions in a research report on Monday, July 6th. Zacks Research cut shares of Select Water Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Citigroup lifted their target price on shares of Select Water Solutions from $18.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Bank of America started coverage on shares of Select Water Solutions in a research note on Friday, May 29th. They set a “buy” rating and a $22.00 price target on the stock. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.80.

Read Our Latest Stock Analysis on WTTR

Select Water Solutions Trading Up 1.2%

NYSE:WTTR opened at $21.14 on Wednesday. Select Water Solutions has a 12-month low of $7.86 and a 12-month high of $22.55. The company has a current ratio of 1.92, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18. The stock’s 50 day simple moving average is $19.17 and its 200-day simple moving average is $16.56. The firm has a market cap of $2.92 billion, a P/E ratio of 75.49 and a beta of 0.99.

Hedge Funds Weigh In On Select Water Solutions

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada increased its holdings in shares of Select Water Solutions by 10.1% in the 1st quarter. Royal Bank of Canada now owns 531,681 shares of the company’s stock valued at $5,582,000 after purchasing an additional 48,896 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Select Water Solutions by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,221 shares of the company’s stock worth $569,000 after buying an additional 2,356 shares in the last quarter. Millennium Management LLC boosted its holdings in Select Water Solutions by 466.8% during the first quarter. Millennium Management LLC now owns 974,821 shares of the company’s stock worth $10,236,000 after buying an additional 802,833 shares in the last quarter. Jones Financial Companies Lllp grew its position in Select Water Solutions by 5,584.0% during the first quarter. Jones Financial Companies Lllp now owns 7,105 shares of the company’s stock worth $75,000 after buying an additional 6,980 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in Select Water Solutions by 90.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,212,008 shares of the company’s stock worth $12,726,000 after buying an additional 576,660 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Select Water Solutions news, Director Richard Alan Burnett sold 45,316 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $18.74, for a total value of $849,221.84. Following the completion of the transaction, the director owned 71,578 shares in the company, valued at approximately $1,341,371.72. This represents a 38.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 6.20% of the stock is owned by corporate insiders.

Select Water Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Friday, August 7th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 7th. Select Water Solutions’s dividend payout ratio is currently 100.00%.

About Select Water Solutions

(Get Free Report)

Select Water Solutions, Inc, headquartered in Houston, Texas, is a water management services provider primarily serving the oil and gas industry. Formerly operating under the name Select Energy Services, the company rebranded to reflect its core focus on water treatment, recycling and disposal. Since its inception in 2016, Select Water Solutions has expanded to key U.S. basins—including the Permian, Eagle Ford, Marcellus and DJ Basin—and maintains strategic operations in select international regions.

The company’s offerings span the full water lifecycle, from produced water gathering and transportation to advanced treatment and beneficial reuse.