American States Water Company shows stable performance, consistent dividend growth, and strong financial health, but its growth is too slow for my current investment strategy. The company's Q4 growth was driven by increased water and electric rates, with ASUS contributing through higher management fee revenue. Despite high long-term debt, AWR maintains a solid interest coverage ratio and liquidity, ensuring it meets debt obligations and supports dividend growth.
American States Water (AWR) reported earnings 30 days ago. What's next for the stock?
When the market turns south, investors often rush toward conservative investments to fortify their portfolios. Of the many low-risk stocks that they may consider, dividend stocks often find themselves in high demand.
If you're one of the over 4 Million Americans set to retire this year, you may want to pay attention.
American States Water Company (NYSE:AWR ) Q4 2024 Earnings Call February 20, 2025 2:00 PM ET Company Participants Bob Sprowls - President and Chief Executive Officer Eva Tang - Senior Vice President, Finance and Chief Financial Officer Conference Call Participants Jonathan Reeder - Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to the American States Water Company Conference Call discussing the company's Fourth Quarter and Full Year 2024 Results.
AWR's fourth-quarter earnings and revenues increase year over year. However, operating expenses increase during the same period.
American States Water (AWR) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.55 per share a year ago.
American States Water (AWR) possesses solid growth attributes, which could help it handily outperform the market.
BofA Securities analyst Ross Fowler downgraded the shares of American States Water Co AWR from Neutral to Underperform and lowered the price forecast from $85 to $71.
Passive income may not be at the top of one's mind when the broader indexes are posting jaw-dropping gains. But dividend-paying companies can be a perfect fit for investors looking to help supplement income in retirement, or anyone searching for more value-focused stocks in 2025.
The heavy selling pressure might have exhausted for American States Water (AWR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
AWR, with its rising estimates, systematic investment and stable dividend, offers an excellent opportunity for investors in the water utility space.