SJW - SJW Group
| Previous Close | 54.86 |
| Open | 55.07 |
| Bid | 0.01 x 900 |
| Ask | 57.95 x 1100 |
| Day's Range | 54.45 - 55.26 |
| 52 Week Range | 51.26 - 68.42 |
| Volume | 204,386 |
| Avg. Volume | 186,384 |
| Market Cap | 1.559B |
| Beta (3Y Monthly) | -0.26 |
| PE Ratio (TTM) | 24.09 |
| EPS (TTM) | 2.28 |
| Earnings Date | Feb 19, 2019 - Feb 25, 2019 |
| Forward Dividend & Yield | 1.12 (2.07%) |
| Ex-Dividend Date | 2018-11-02 |
| 1y Target Est | 62.50 |
- Business Wire•6 days ago
SJW Group Issues Statement About Continuing Review Process with Connecticut Public Utilities Regulatory Authority
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.
- Business Wire•8 days ago
SJW Group Issues Statement in Response to Proposed Decision by Connecticut Public Utilities Regulatory Authority
“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.
- Business Wire•13 days ago
SJW Group Announces the California Public Utilities Commission’s Decision on San Jose Water’s General Rate Case
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.
- Business Wire•14 days ago
SJW Group Announces Pricing of Offering of Common Stock
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.
- Business Wire•16 days ago
SJW Group Announces Proposed Offering of Common Stock
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.
- PR Newswire•26 days ago
Connecticut Water Shareholders Approve SJW Group Merger Agreement
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.
- GlobeNewswire•28 days ago
Analysis: Positioning to Benefit within Harvest Capital Credit, Zynga, Unique Fabricating, SJW Group, Liquidia Technologies, and Rave Restaurant Group — Research Highlights Growth, Revenue, and Consolidated Results
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,.
- Business Wire•last month
San Jose Water Wins NARUC Water Industry Innovation Award
San Jose Water’s New Montevina Ultrafiltration Plant Recognized for Sustainable Approach to Design and Construction
- PR Newswire•last month
Second Leading Independent Proxy Advisory Firm Recommends Connecticut Water Shareholders Vote "FOR" the SJW Group Transaction
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, ...
- PR Newswire•last month
Leading Independent Proxy Advisory Firm ISS Recommends Connecticut Water Shareholders Vote "FOR" the SJW Group Transaction
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.
- Thomson Reuters StreetEvents•last month
Edited Transcript of SJW.N earnings conference call or presentation 25-Oct-18 5:00pm GMT
Q3 2018 SJW Group Earnings Call
- Zacks•2 months ago
SJW (SJW) Q3 Earnings Surpass Estimates
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?
- Associated Press•2 months ago
SJW: 3Q Earnings Snapshot
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 ...
- Business Wire•2 months ago
SJW Group Announces 2018 Third Quarter Financial Results
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.
- Simply Wall St.•2 months ago
How Good Is SJW Group (NYSE:SJW), When It Comes To ROE?
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...
- Zacks•2 months ago
SJW (SJW) Q3 Earnings Preview: Here's What to Look Out For
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.
- PR Newswire•2 months ago
Connecticut Water Posts Instructional Video on How to Vote "FOR" the SJW Group Transaction
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.
- PR Newswire•2 months ago
Connecticut Water Sends Letter to Shareholders
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.
- Business Wire•2 months ago
SJW Group Sets Date for Release of Third Quarter 2018 Financial Results
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.
- PR Newswire•2 months ago
Connecticut Water Files Definitive Proxy Materials and Mails Letter Urging Shareholders to Vote "FOR" SJW Group Transaction at Special Meeting of Shareholders on November 16, 2018
CLINTON, Conn., Oct. 2, 2018 /PRNewswire/ -- Connecticut Water Service, Inc. (CTWS) today announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission ("SEC") and is mailing a letter to shareholders in connection with the Special Meeting of Connecticut Water Shareholders to vote on the previously announced transaction with SJW Group (SJW). 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.
- Business Wire•3 months ago
San Jose Water Issues Statement Regarding California Public Utilities Commission’s Order Instituting Investigation about Past Billing Practice Used in Implementing Service Charge Rate Changes
“We appreciate the effort and time of the CPUC in issuing its Order Instituting Investigation (OII) on September 14, 2018 regarding our past billing practice. As soon as SJW was informed about a potential billing issue in early 2017, we took immediate voluntary actions to investigate and review our billing policies, and we subsequently updated our billing practice to better serve our customers, with our new billing policies retroactively effective as of January 1, 2017.
- Reuters•4 months ago
SJW Group rejects CalWater's latest takeover bid -SJW CEO
SJW Group has rejected the latest takeover offer from California Water Service Group , SJW's chief executive told Reuters on Friday, as it remains focused on completing its cross-country acquisition of a Connecticut-based water utility. CalWater announced late on Monday a revised proposal to acquire San Jose-based SJW for $70 per share in cash, valuing it at around $1.45 billion, having had a lower bid rejected in April. Speaking to Reuters, SJW CEO Eric Thornburg said the offer from CalWater did not give the company and its shareholders the same kind of benefits that its deal with Connecticut Water Service Inc would provide.
- Business Wire•4 months ago
SJW Group Board of Directors Rejects California Water Service Group’s Revised Proposal
SJW Group (SJW) today announced that its Board of Directors rejected the revised proposal announced on August 13, 2018, by California Water Service Group (CWT) (“Cal Water”) to acquire all outstanding shares of SJW Group common stock for $70.00 per share in cash, a 2.6% increase (or a 1.9% increase on an enterprise value basis) from Cal Water’s previous offer of $68.25 per share. The SJW Group Board concluded, in consultation with external legal and financial advisors, that Cal Water’s revised proposal neither constitutes nor is reasonably likely to lead to a superior proposal under the terms of SJW Group’s amended merger agreement with Connecticut Water Service, Inc. (CTWS) (“Connecticut Water”), which was announced on August 6, 2018.
- Reuters•4 months ago
SJW Group CEO says utility rejects CalWater's $1.45 bln takeover bid
SJW Group has rejected the latest takeover offer from California Water Service Group , SJW's chief executive officer told Reuters on Friday, as it remains focused on completing its acquisition of Connecticut Water Service Inc. CalWater announced late on Monday a revised all-cash proposal to acquire San Jose-based SJW for $70 per share, valuing it at around $1.45 billion, having had a lower bid rejected in April. "The board, after careful review with our advisers and management, decided to stay the course with Connecticut Water, as we believe in the power of the deal which we have," SJW CEO Eric Thornburg told Reuters in an interview.
