Date | Price Target | Rating | Analyst |
---|---|---|---|
7/31/2024 | $80.00 → $87.00 | Underweight → Equal Weight | Wells Fargo |
6/28/2023 | $94.00 → $89.00 | Equal Weight → Underweight | Wells Fargo |
5/12/2023 | $90.00 → $94.00 | Underweight → Equal Weight | Wells Fargo |
1/5/2023 | Buy → Neutral | Seaport Research Partners | |
11/30/2022 | $92.00 | Sell | UBS |
10/20/2022 | $85.00 | Equal Weight → Underweight | Wells Fargo |
2/24/2022 | $94.00 → $86.00 | Equal-Weight | Wells Fargo |
2/9/2022 | $96.00 → $86.00 | Underweight | Barclays |
Second quarter 2024 recorded and adjusted earnings were both $0.85 per share compared to second quarter 2023 recorded earnings of $1.04 per share and adjusted earnings of $0.86 per share Adjusted earnings for the second quarter 2023 exclude $0.18 per share related to the reversal of previously recorded revenues subject to refund following the receipt of a final decision in the cost of capital proceeding in June 2023 AWR's water utility reached a settlement agreement in connection with the general rate case that will determine new water rates for 2025 – 2027 Settlement agreement, if approved, authorizes $573.1 million in capital investment Quarterly dividend increased 8.3%
Quarterly dividend rate has grown at a CAGR of 8.8% over the last five years 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 per share from $0.4300 per share on the common shares of the company. The annualized dividend rate after this increase is $1.862 per share, which represents an 8.3% increase from the current annualized dividend rate of $1.72 per share. This action marks the 353rd consecutive dividend payment by the company. American States Water Company has paid dividends every year since 1931, increasing the dividends received by shareholders each calendar year for 70
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 Advocates Office (Cal Advocates) at the California Public Utilities Commission (CPUC) filed a joint motion to adopt a settlement agreement between GSWC and Cal Advocates in connection with the water utility general rate case. GSWC had filed a general rate case application in August 2023 for all of its water regions and the general office to determine new rates for the years 2025 - 2027. The CPUC is scheduled to issue a decision in the water general rate case by the end of 2024 with the new rates expected to become effective Januar
New Rates For 2025-2027 Expected To Be Effective January 1, 2025, Pending CPUC Decision By End Of 2024
Wells Fargo analyst Jonathan Reeder maintains American States Water (NYSE:AWR) with a Underweight and raises the price target from $77 to $80.
SC 13G/A - AMERICAN STATES WATER CO (0001056903) (Subject)
SC 13G/A - AMERICAN STATES WATER CO (0001056903) (Subject)
SC 13G/A - AMERICAN STATES WATER CO (0001056903) (Subject)
Wells Fargo upgraded American States Water from Underweight to Equal Weight and set a new price target of $87.00 from $80.00 previously
Wells Fargo downgraded American States Water from Equal Weight to Underweight and set a new price target of $89.00 from $94.00 previously
Wells Fargo upgraded American States Water from Underweight to Equal Weight and set a new price target of $94.00 from $90.00 previously
Second quarter 2024 recorded and adjusted earnings were both $0.85 per share compared to second quarter 2023 recorded earnings of $1.04 per share and adjusted earnings of $0.86 per share Adjusted earnings for the second quarter 2023 exclude $0.18 per share related to the reversal of previously recorded revenues subject to refund following the receipt of a final decision in the cost of capital proceeding in June 2023 AWR's water utility reached a settlement agreement in connection with the general rate case that will determine new water rates for 2025 – 2027 Settlement agreement, if approved, authorizes $573.1 million in capital investment Quarterly dividend increased 8.3%
Quarterly dividend rate has grown at a CAGR of 8.8% over the last five years 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 per share from $0.4300 per share on the common shares of the company. The annualized dividend rate after this increase is $1.862 per share, which represents an 8.3% increase from the current annualized dividend rate of $1.72 per share. This action marks the 353rd consecutive dividend payment by the company. American States Water Company has paid dividends every year since 1931, increasing the dividends received by shareholders each calendar year for 70
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 Advocates Office (Cal Advocates) at the California Public Utilities Commission (CPUC) filed a joint motion to adopt a settlement agreement between GSWC and Cal Advocates in connection with the water utility general rate case. GSWC had filed a general rate case application in August 2023 for all of its water regions and the general office to determine new rates for the years 2025 - 2027. The CPUC is scheduled to issue a decision in the water general rate case by the end of 2024 with the new rates expected to become effective Januar
4 - AMERICAN STATES WATER CO (0001056903) (Issuer)
4 - AMERICAN STATES WATER CO (0001056903) (Issuer)
4 - AMERICAN STATES WATER CO (0001056903) (Issuer)
4 - AMERICAN STATES WATER CO (0001056903) (Issuer)
4 - AMERICAN STATES WATER CO (0001056903) (Issuer)
4 - AMERICAN STATES WATER CO (0001056903) (Issuer)
8-K - AMERICAN STATES WATER CO (0001056903) (Filer)
10-Q - AMERICAN STATES WATER CO (0001056903) (Filer)
8-K - AMERICAN STATES WATER CO (0001056903) (Filer)
Effective February 8, 2023, American States Water Company (NYSE:AWR) appointed Thomas A. Eichelberger as a director of the company in order to fill a vacancy on the board created by the resignation of Sarah J. Anderson. He will stand for election along with other class III directors at the annual meeting in 2023. Mr. Eichelberger was also appointed as a director of the company's wholly-owned subsidiary, Golden State Water Company. Mr. Eichelberger had a distinguished 37-year career in public accounting, retiring in May 2022 as an Audit Partner at Deloitte & Touche LLP. He served complex companies, with a primary focus on serving large utility holding companies with rate-regulated subsidiar