Media stories about SJW Group (NYSE:SJW) have trended very positive this week, Alpha One reports. The research firm, a unit of Accern, identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SJW Group earned a coverage optimism score of 0.56 on Alpha One’s scale. Alpha One also assigned media stories about the utilities provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected AlphaOne Sentiment Analysis’s rankings:
- Zacks: Analysts Set $50.00 Price Target for SJW Group (SJW) (americanbankingnews.com)
- Laci Green, The Matrix, and the Future of Free Speech (quillette.com)
- SJW Group breached its 50 day moving average in a Bullish Manner : SJW-US : May 15, 2017 (finance.yahoo.com)
- Americans Are Sliding into Tribalism (nationalreview.com)
Separately, Zacks Investment Research raised SJW Group from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Tuesday, February 28th.
Shares of SJW Group (NYSE:SJW) traded down 1.85% during mid-day trading on Wednesday, hitting $48.23. The company’s stock had a trading volume of 59,752 shares. The stock has a market cap of $988.62 million, a PE ratio of 18.64 and a beta of 0.25. SJW Group has a 1-year low of $31.82 and a 1-year high of $56.93. The company has a 50-day moving average price of $48.70 and a 200-day moving average price of $50.48.
SJW Group (NYSE:SJW) last released its quarterly earnings results on Wednesday, April 26th. The utilities provider reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.04. SJW Group had a return on equity of 13.23% and a net margin of 15.89%. The firm had revenue of $69.05 million for the quarter, compared to analysts’ expectations of $64 million. Analysts predict that SJW Group will post $2.14 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 8th will be issued a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Thursday, May 4th. SJW Group’s dividend payout ratio (DPR) is presently 32.34%.
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SJW Group Company Profile
SJW Group, formerly SJW Corp., is a holding company. The Company’s subsidiaries include San Jose Water Company, SJWTX, Inc, SJW Land Company and Texas Water Alliance Limited (TWA). SJWTX, Inc is doing business as Canyon Lake Water Service Company (CLWSC). It operates through the segments, which include Water Utility Services, Real Estate Services and All Other.
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