Stock of the Day - August 12, 2020

American States Water (AWR)

$89.30

-$0.58 (-0.6%)

Market Cap: $3.56B

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. 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 customers in San Bernardino County mountain communities in California. The company also provides water and/or wastewater services, including the operation, maintenance, and construction of facilities at the water and/or wastewater systems at various military installations. American States Water Company was incorporated in 1929 and is headquartered in San Dimas, California.

Today's Trend

American States Water Company (NYSE: AWR) shares increased as investors responded to a stronger-than-expected second-quarter 2026 earnings report and a higher dividend.

Quarterly results exceeded expectations: AWR reported diluted EPS of $1.09, up 25.3% from $0.87 a year earlier and above the $0.93 analyst consensus. Revenue rose 11.2% year over year to $181.3 million, surpassing expectations of approximately $171.7 million. American States Water Company Announces Second Quarter 2026 Results
Regulated utility performance improved: Water utility diluted EPS increased to $0.91 from $0.73, supported by newly implemented California Public Utilities Commission-approved customer rates. Higher construction activity also contributed to growth in the contracted services segment. AWR Q2 2026 Earnings Call Prepared Remarks Transcript
Dividend increased: The board approved an 8.2% increase in the quarterly dividend to $0.5455 per share, reinforcing AWR’s income appeal. The company also expects its regulated utilities to invest $185 million to $220 million during 2026, supporting its rate-base growth strategy. American States Water Q2 diluted EPS rises 25.3 percent to $1.09
AWR completed its at-the-market equity offering, raising $200 million in gross proceeds. The capital strengthens funding for infrastructure investment, but the issuance also increases the potential for shareholder dilution. American States Water Reports Second-Quarter and First-Half Results
One recent analysis highlighted AWR’s longer-term underperformance versus the S&P 500 despite its recent upswing, which may temper enthusiasm among growth-oriented investors. American States Water Underperformance to SPY Despite Upswing

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American States Water (AWR)

About American States Water

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