58.90 0.00 (0.00%)
After hours: 5:20PM EST
|Bid||58.83 x 800|
|Ask||58.90 x 3200|
|Day's Range||58.09 - 58.90|
|52 Week Range||51.26 - 68.42|
|Beta (3Y Monthly)||-0.14|
|PE Ratio (TTM)||25.83|
|Earnings Date||Feb 19, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||1.12 (1.91%)|
|1y Target Est||62.50|
SJW Group (SJW) (“SJW Group”) and Connecticut Water Service, Inc. (CTWS) (“Connecticut Water” or “CTWS”), the parent company of the Maine Water Company (“Maine Water”), announced today, consistent with the companies’ previously announced evaluation of the regulatory approach in Connecticut for the proposed merger of SJW Group and CTWS, that Maine Water voluntarily requested to withdraw its application before the Maine Public Utilities Commission. The companies noted that the withdrawal is without prejudice and they reserve the right to refile their petition.
SJW Group (SJW) (“SJW Group”) and Connecticut Water Service, Inc. (CTWS) (“Connecticut Water” or “CTWS”) announced today that they are continuing to evaluate their regulatory approach – including the possibility of submitting a new application to the Connecticut Public Utilities Regulatory Authority (“PURA”) – in connection with their proposed merger. The SJW Group and Connecticut Water merger agreement remains in effect and the companies remain committed to the merger and to realizing its many stakeholder benefits. The companies are confident that their combination is in the public interest and that they have the technical, financial and managerial suitability to create important benefits, including rate reductions, and unique service and job protections, for Connecticut customers and communities and the employees who serve them.
SJW Group today issued the following statement in response to the ruling by the Connecticut Public Utilities Regulatory Authority to deny the request of SJW Group and Connecticut Water Service, Inc.
American Water Works' (AWK) unit Indiana American Water to add above 2,500 water and wastewater customers through purchase of the Town of Sheridan's water and wastewater systems in central Indiana.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
SJW Group today issued the following statement in response to the decision by the Connecticut Public Utilities Regulatory Authority to accept the joint request of SJW Group and Connecticut Water Service, Inc.
“We are reviewing the proposed decision with Connecticut Water and plan to continue to work with PURA to satisfactorily demonstrate that our merger with Connecticut Water is in the public interest.
San Jose Water, a wholly owned subsidiary of SJW Group, (SJW) announced that earlier today the California Public Utilities Commission (“CPUC”) issued its decision on San Jose Water’s general rate case for the years 2019 through 2021. The decision authorizes San Jose Water to invest $320 million in infrastructure improvements and continues the trend established by the nearly $1 billion invested in the water system over the past decade. “San Jose Water is committed to replacing a minimum of 24 miles of water pipes every year to ensure the safety and reliability of our water system,” stated Andrew Gere, President and Chief Operating Officer for San Jose Water.
SJW Group (SJW) (“SJW”) announced today that it has priced its previously announced underwritten public offering of 6,750,000 shares of its common stock, par value $0.001 per share, at a price of $55.00 per share, for aggregate gross proceeds of approximately $371.3 million. SJW has also granted the underwriters a 30-day option to purchase up to an additional 1,012,500 shares of its common stock. SJW intends to use the net proceeds from the offering, together with the net proceeds from debt financing, to finance SJW’s previously announced acquisition of Connecticut Water Service, Inc. (the “CTWS Acquisition”) and to pay related fees and expenses.
SJW Group (SJW) (“SJW”) announced today that it has commenced an underwritten public offering of 6,750,000 shares of its common stock, par value $0.001 per share, subject to market and other conditions. SJW also intends to grant the underwriters a 30-day option to purchase up to an additional 1,012,500 shares of its common stock. SJW intends to use the net proceeds from the offering, together with the net proceeds from debt financing, to finance SJW’s previously announced acquisition of Connecticut Water Service, Inc. (the “CTWS Acquisition”) and to pay related fees and expenses.
CLINTON, Conn., Nov. 16, 2018 /PRNewswire/ -- Connecticut Water Service, Inc. (CTWS) today announced that its shareholders overwhelmingly voted to approve the Company's proposed merger agreement with SJW Group (SJW) at the Special Meeting of Shareholders held today. Carol P. Wallace, Chairman of the Connecticut Water Service Board of Directors, said, "We appreciate the strong support from our shareholders and look forward to delivering significant value to our shareholders and meaningful benefits to our customers, employees and the communities we serve. Together with SJW Group, we will create a new leading, national, pure-play water company focused on reliability, superior service and environmental stewardship.
NEW YORK, Nov. 14, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Glass Lewis Joins ISS in Recommending that Connecticut Water Shareholders Vote "FOR" on the GREEN Proxy Card Special Meeting of Shareholders Only Eight Days Away; To Learn More about How to Vote, ...
Carol P. Wallace, Chairman of the Connecticut Water Service Board, said, "We are pleased that ISS recognizes the compelling value that Connecticut Water shareholders will receive through this transaction and the thorough process that the Connecticut Water Service Board undertook. Importantly, the $70.00 per share cash offer represents a 33% premium to Connecticut Water's unaffected closing stock price on March 14, 20182 and exceeds our all-time high closing stock price,3 which underscores the tremendous and immediate upside created by this transaction.
SJW (SJW) delivered earnings and revenue surprises of 12.50% and -1.69%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the San Jose, California-based company said it had net income of 76 cents. Earnings, adjusted for costs related to mergers and acquisitions, were $1.08 per share. The parent of San ...
SJW Group today reported financial results for the third quarter ended September 30, 2018. SJW Group net income was $15.8 million for the quarter ended September 30, 2018, compared to $19.5 million for the same period in 2017.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
SJW (SJW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CLINTON, Conn., Oct. 17, 2018 /PRNewswire/ -- Connecticut Water Service, Inc. (CTWS) today posted a video showing how Connecticut Water shareholders can vote with the GREEN proxy card "FOR" the transaction with SJW Group (SJW). Connecticut Water and SJW Group are an ideal combination that is in the best interests of Connecticut Water shareholders and will create benefits for customers, employees and communities. To receive significant, certain, premium value of $70 per share in cash and secure meaningful stakeholder benefits, the Connecticut Water Service Board of Directors unanimously recommends shareholders vote "FOR" the proposals related to the SJW Group transaction by phone, by Internet or by signing and returning the GREEN proxy card.
CLINTON, Conn., Oct. 15, 2018 /PRNewswire/ -- Connecticut Water Service, Inc. (CTWS) today sent a letter to shareholders in connection with the previously announced transaction with SJW Group (SJW). The Special Meeting of Connecticut Water Shareholders to vote on the transaction will be held on November 16, 2018. The Connecticut Water Service Board of Directors unanimously recommends that shareholders "go green" and vote "FOR" the proposal to approve the SJW Group merger agreement as well as all other proposals related to the SJW Group transaction on the GREEN proxy card.
SJW Group today announced that the Company will release its third quarter 2018 financial results after the close of the market on October 24, 2018. Eric W. Thornburg, Chairman of the Board, President and Chief Executive Officer and James P.