American States Water Company (AWR)

NYSE: AWR · Real-Time Price · USD
84.55
+0.84 (1.00%)
Sep 19, 2024, 4:00 PM EDT - Market open
1.00%
Market Cap 3.17B
Revenue (ttm) 567.46M
Net Income (ttm) 106.66M
Shares Out 37.46M
EPS (ttm) 2.87
PE Ratio 29.44
Forward PE 26.38
Dividend $1.86 (2.20%)
Ex-Dividend Date Aug 16, 2024
Volume 263,293
Open 83.54
Previous Close 83.71
Day's Range 83.05 - 84.64
52-Week Range 66.03 - 85.72
Beta 0.49
Analysts Hold
Price Target 87.00 (+2.9%)
Earnings Date Nov 4, 2024

About AWR

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. As of December 31, 2022, American States Water Company provided water service to 263,265 customers located throughout 10 counties in the State of California; and distributed electricity to 24,705 c... [Read more]

Sector Utilities
Founded 1929
Employees 815
Stock Exchange NYSE
Ticker Symbol AWR
Full Company Profile

Financial Performance

In 2023, AWR's revenue was $595.70 million, an increase of 21.19% compared to the previous year's $491.53 million. Earnings were $124.55 million, an increase of 59.27%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AWR stock is "Hold" and the 12-month stock price forecast is $87.0.

Price Target
$87.0
(2.90% upside)
Analyst Consensus: Hold
Stock Forecasts

News

American States Water: A Dividend King On Sale Now

Last month, American States Water announced its 70th consecutive annual dividend increase. The utility's operating results were mixed in the second quarter, but the growth outlook remains healthy. AWR...

10 days ago - Seeking Alpha

10 Undervalued Dividend Growth Stocks: August 2024

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25 days ago - Seeking Alpha

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4 weeks ago - Seeking Alpha

American States Water: Rating Upgrade On Solid Underlying Growth

American States Water Company has shown continued earnings growth and raised its dividend for the seventieth year in a row. The stock has beaten the S&P 500 over the long term, but recent underperform...

6 weeks ago - Seeking Alpha

American States Water Company (AWR) Q2 2024 Earnings Call Transcript

American States Water Company (NYSE:AWR) Q2 2024 Results Conference Call August 7, 2024 2:00 PM ET Company Participants Robert Sprowls - President and Chief Executive Officer Eva Tang - Senior Vice P...

6 weeks ago - Seeking Alpha

American States Water Company Announces Second Quarter 2024 Results

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.85 for the quarter ended June 30, 2024, as compared to basi...

6 weeks ago - Business Wire

American States Water Company Announces an 8.3% Increase in Quarterly Dividend

SAN DIMAS, Calif.--(BUSINESS WIRE)--On July 30, 2024, the Board of Directors of American States Water Company (NYSE:AWR) approved an increase in the company's third quarter cash dividend to $0.4655 pe...

7 weeks ago - Business Wire

American States Water Company Announces a Settlement Agreement in its Water Utility General Rate Case

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced that on July 12, 2024, its regulated water utility subsidiary, Golden State Water Company (GSWC) and the Public A...

2 months ago - Business Wire

American States Water Company to Report Second Quarter 2024 Results

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced today that the company intends to release its second quarter ended June 30, 2024 financial results after the mark...

2 months ago - Business Wire

American States Water Company Announces Favorable Ruling by the California Supreme Court Vacating the CPUC's Prior Decision to Discontinue Use of a Full Revenue Decoupling Mechanism by Water Utilities

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (AWR: NYSE) announced today that the California Supreme Court (the “Court”) issued a ruling on July 8, 2024 that set aside a previousl...

2 months ago - Business Wire

If I Had To Retire With 10 Dividend Kings, It Would Be These

Dividend Kings are generally excellent stocks for a retiree's passive income portfolio. They generally have wide moats, strong balance sheets, excellent management teams, and the ability to navigate a...

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2 months ago - Seeking Alpha

The Highest Quality Dividend Growth Stocks In 2024

This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of divid...

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2 months ago - Seeking Alpha

American States Water: Buy This Storied Dividend Grower Now

I appreciate the business models of regulated water utilities. American States Water's expansion to additional military bases in April is one growth tailwind moving forward. The company's interest cov...

4 months ago - Seeking Alpha

Doing Dividend Aristocrat Investing Better: 5% Yielders For The Long Term

Dividend aristocrats, companies with 25-year-plus dividend growth streaks, are popular for income growth investors due to their superior quality and stable cash flow. However, aristocrat investing has...

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4 months ago - Seeking Alpha

American States Water Company (AWR) Q1 2024 Earnings Call Transcript

American States Water Company (NYSE:AWR) Q1 2024 Earnings Conference Call May 8, 2024 2:00 PM ET Company Participants Bob Sprowls - President & Chief Executive Officer Eva Tang - Senior Vice Presiden...

4 months ago - Seeking Alpha

American States Water Company Announces First Quarter 2024 Results

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.62 for the quarter ended March 31, 2024, as compared to bas...

4 months ago - Business Wire

American States Water Company Announces Regular Common Dividends

SAN DIMAS, Calif.--(BUSINESS WIRE)--On May 6, 2024, the Board of Directors of American States Water Company (NYSE:AWR) approved a quarterly dividend of $0.43 per share on the Common Shares of the comp...

4 months ago - Business Wire

American States Water Company Announces the Start of Operations at Two New Military Bases

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (AWR: NYSE) announced today that after successful transitions, its contracted services subsidiary, American States Utility Services, I...

5 months ago - Business Wire

American States Water Company to Report First Quarter 2024 Results

SAN DIMAS, Calif.--(BUSINESS WIRE)--American States Water Company (NYSE:AWR) announced today that the company intends to release its first quarter ended March 31, 2024 financial results after the mark...

5 months ago - Business Wire

55 April Dividend Kings: Buy 8, Watch 8

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Dividend aristocrats have underperformed due to an overweight in utilities, but recent trends suggest a potential rally.

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5 months ago - Seeking Alpha

American States Water: Buy America's Most Battle-Tested Dividend King Now

Even among the Dividend Kings, American States Water is in a class of its own. The water utility's operating revenue fell slightly during the fourth quarter as non-GAAP EPS grew. S&P awards an A credi...

5 months ago - Seeking Alpha

13 Dividend Aristocrat Bargains Yielding As Much As 9%

Combining quality factors with free cash flow yield, considered the best value metric of the last 33 years, can potentially deliver exceptional investing ideas. Here's how to find the highest FCF yiel...

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6 months ago - Seeking Alpha

3 Dividend King Stocks To Buy For The Long-Term

American States Water Coca-Cola, and ABM Industries are three recommended Dividend Kings for long-term investment. American States Water has a regulated business with no competition, a long streak of ...

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6 months ago - Seeking Alpha

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