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SJW Group Stock Research

SJW

77.09USD-0.44(-0.57%)Delayed

Market Summary

USD77.09-0.44
Delayed
-0.57%

SJW Stock Price

SJW RSI Chart

SJW Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

40.05

Price/Sales (Trailing)

3.97

EV/EBITDA

16.77

Price/Free Cashflow

14.69

SJW Price/Sales (Trailing)

SJW Profitability

EBT Margin

11.07%

Return on Equity

5.56%

Return on Assets

1.62%

Free Cashflow Yield

6.81%

SJW Fundamentals

SJW Revenue

Revenue (TTM)

589.1M

Revenue Y/Y

5.43%

Revenue Q/Q

18.08%

SJW Earnings

Earnings (TTM)

58.3M

Earnings Y/Y

31.29%

Earnings Q/Q

116.59%

Price Action

52 Week Range

55.1583.88
(Low)(High)

Last 7 days

1.1%

Last 30 days

-6.9%

Last 90 days

10.7%

Trailing 12 Months

16.9%

SJW Financial Health

Current Ratio

0.5

Debt/Equity

1.39

Debt/Cashflow

0.11

SJW Investor Care

Dividend Yield

1.84%

Dividend/Share (TTM)

1.42

Shares Dilution (1Y)

1.67%

Diluted EPS (TTM)

1.92

Peers (Alternatives to SJW Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
150.2B
19.8B
-9.11% 6.46%
39.22
7.57
20.83% 61.97%
78.2B
28.0B
-1.28% 2.24%
19.89
2.79
13.75% 26.88%
73.6B
33.5B
-5.09% 3.91%
22.49
2.2
49.19% 10.84%
28.6B
3.8B
2.55% 2.30%
21.68
7.5
-2.31% 72.74%
12.3B
2.1B
-1.69% 2.12%
26.43
5.83
16.62% 11.73%
11.2B
5.6B
-0.11% 1.72%
15.4
2.01
18.13% 44.12%
MID-CAP
8.4B
4.4B
-3.57% 11.15%
15.18
1.89
18.54% -6.30%
7.8B
30.7B
5.93% -10.24%
4.15
0.25
39.89% -22.61%
3.5B
482.8M
1.01% 7.96%
43.91
7.29
-4.67% -14.96%
3.4B
818.8M
0.85% 4.68%
42.71
4.15
1.50% -29.64%
2.3B
589.1M
-6.90% 16.92%
40.05
3.97
3.41% 4.67%
SMALL-CAP
1.5B
157.6M
4.08% -12.46%
35.67
9.61
9.67% 12.98%
334.6M
43.9M
7.38% -1.66%
66.56
7.62
6.24% 67.32%
221.3M
23.0M
-7.79% -25.32%
23.01
9.62
34.32% -52.17%
207.7M
1.1M
63.60% 63.60%
-8.73
194.52
90.04% 28.68%

Financials for SJW Group

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.6%589580583574570
  S&GA Expenses1.3%9493918786
EBITDA3.0%225219227220-
EBITDA Margin1.4%0.38*0.38*0.39*0.38*-
Earnings Before Taxes5.6%6562726960
EBT Margin3.9%0.11*0.11*0.12*0.12*-
Interest Expenses1.2%5655555455
Net Income11.4%5852626056
Net Income Margin9.7%0.10*0.09*0.11*0.11*-
Free Cahsflow8.6%159147142130-
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.8%3,6053,5413,5123,4923,470
  Current Assets13.8%158139138134156
    Cash Equivalents9.5%1312171214
  Goodwill0%640640640640628
  Current Liabilities14.7%319278218203267
  Long Term Debt-2.4%1,4581,4951,5301,532-
    LT Debt, Current-88.9%439393926
    LT Debt, Non Current-0.1%1,4541,4561,4921,4931,420
Shareholder's Equity1.9%1,0491,0301,0281,0351,001
  Retained Earnings3.3%436422421428420
  Additional Paid-In Capital0.9%614609608606581
Shares Outstanding0.2%3030303030
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations8.6%159147142130134
  Share Based Compensation5.6%55544
Cashflow From Investing4.3%-258.55-270.12-257.50-259.99-255.95
Cashflow From Financing-10.9%96108119133118
  Dividend Payments1.8%4342414039

Risks for SJW

What is the probability of a big loss on SJW?

47.3%


Probability that SJW Group stock will be more than 20% underwater in next one year

0%


Probability that SJW Group stock will be more than 30% underwater in next one year.

0%


Probability that SJW Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SJW drawdown profile look like?

Y-axis is the maximum loss one would have experienced if SJW Group was unfortunately bought at previous high price.

Drawdowns

Returns for SJW

Cumulative Returns on SJW

13.6%


10-Year Cumulative Returns

15.4%


7-Year Cumulative Returns

7.3%


5-Year Cumulative Returns

3.4%


3-Year Cumulative Returns

What are the long-term rolling returns for SJW?

FIve years rolling returns for SJW Group.

Annualized Returns

Which funds bought or sold SJW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
FIRST NATIONAL CORP /MA/ /ADV
reduced
-10.75
624,237
3,045,240
0.75%
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
new
-
720,318
720,318
0.01%
2023-01-26
COMERICA BANK
added
73.21
1,191,000
2,218,000
0.02%
2023-01-25
PINNACLE ASSOCIATES LTD
new
-
225,690
225,690
-%
2023-01-25
Lindbrook Capital, LLC
added
955
16,131
17,131
-%
2023-01-24
SOL Capital Management CO
unchanged
-
141,180
487,180
0.09%
2023-01-24
Louisiana State Employees Retirement System
new
-
1,031,000
1,031,000
0.03%
2023-01-24
Ziegler Capital Management, LLC
reduced
-27.99
15,503
1,019,500
0.04%
2023-01-23
Canvas Wealth Advisors, LLC
reduced
-73.68
-786,994
360,006
0.15%
2023-01-23
SJS Investment Consulting Inc.
added
133.33
568
568
-%

1–10 of 48

Latest Funds Activity

Are funds buying SJW calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SJW
No. of Funds

SJW Group News

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Victory Capital Management Inc. expands its stake in SJW Group ....

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Schedule 13G FIlings of SJW Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 06, 2023
blackrock inc.
16.6%
5,020,204
SC 13G/A
Feb 15, 2022
moss george e
3.8%
1,083,980
SC 13D/A
Feb 15, 2022
van valer robert a
11.1%
3,316,258
SC 13D/A
Feb 14, 2022
price t rowe associates inc /md/
5.5%
1,650,807
SC 13G/A
Feb 10, 2022
vanguard group inc
6.36%
1,897,017
SC 13G/A
Feb 01, 2022
blackrock inc.
8.5%
2,534,494
SC 13G/A
Apr 13, 2021
nuance investments, llc
10.93%
3,238,227
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
6.3%
1,811,159
SC 13G/A
Feb 12, 2021
nuance investments, llc
8.82%
2,517,895
SC 13G
Feb 10, 2021
vanguard group inc
6.06%
1,730,056
SC 13G/A

SJW Fair Value

SJW Group fair value in different scenarios

The table shows the Fair Value estimates for SJW Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

23.63

-69.35%

37.40

-51.49%

48.27

-37.38%

64.43

-16.42%

79.51

3.14%

Current Inflation

21.59

-71.99%

33.26

-56.86%

42.14

-45.34%

55.77

-27.66%

68.28

-11.43%

Very High Inflation

19.07

-75.26%

28.36

-63.21%

35.05

-54.53%

45.83

-40.55%

55.51

-27.99%

Historical SJW Group Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of SJW Group

View All Filings
Date Filed Form Type Document
Jan 25, 2023
8-K
Current Report
Jan 06, 2023
SC 13G/A
Major Ownership Report
Jan 06, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 06, 2023
4
Insider Trading
Jan 05, 2023
4
Insider Trading
Jan 05, 2023
4
Insider Trading

Latest Insider Trading transactions for SJW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-04
Walters Andrew F
sold (taxes)
-15,503.1
83.35
-186
cfo & treasurer
2023-01-04
Brown Willie D. Jr.
sold (taxes)
-10,835.5
83.35
-130
vp, gen counsel, & corp sec
2023-01-04
Johnson A Kristen
sold (taxes)
-15,503.1
83.35
-186
chief administrative officer
2023-01-04
Patla Craig J
sold (taxes)
-12,419.2
83.35
-149
president of ctws
2023-01-04
Thornburg Eric W
sold (taxes)
-58,678.4
83.35
-704
president & ceo
2023-01-04
Gere Andrew
sold (taxes)
-17,086.8
83.35
-205
president of sjwc
2023-01-03
Gere Andrew
sold (taxes)
-32,234.2
82.23
-392
president and coo
2023-01-03
Brown Willie D. Jr.
acquired
-
-
1,288
vp, gen counsel, & corp sec
2023-01-03
Walters Andrew F
sold (taxes)
-29,191.7
82.23
-355
cfo & treasurer
2023-01-03
Thornburg Eric W
sold (taxes)
-128,361
82.23
-1,561
president & ceo

1–10 of 50

Eric W. Thornburg
750
SJW Group, through its subsidiaries, provides water utility services in the United States. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services. The company also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases; contracted services and sewer operations to water utilities; and a Linebacker protection plan for public drinking water customers in Connecticut and Maine. Its water supply consists of groundwater from wells, surface water from watershed run-off and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District. The company offers water service to approximately 231,000 connections that serve approximately one million people residing in portions of the cities of San Jose and Cupertino, as well as in the cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos; and adjacent unincorporated territories in the County of Santa Clara in the State of California. In addition, it provides water service to approximately 140,000 connections, which serve approximately 456,000 people in 81 municipalities with a service area comprising approximately 269 square miles throughout Connecticut and Maine, as well as approximately 24,000 connections that serve approximately 70,000 people in a service area comprising approximately 266 square miles in the region between San Antonio and Austin, Texas; and approximately 3,000 wastewater connections in Southbury, Connecticut. Further, the company owns undeveloped land in California and Tennessee; and owns and operates commercial buildings and warehouse properties in Tennessee. The company was formerly known as SJW Corp. and changed its name to SJW Group in November 2016. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.

SJW Income Statement

2022-09-30
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
REVENUE$ 175,981$ 166,923$ 449,324$ 433,949
Production Expenses:    
Purchased water38,74433,12184,31376,434
Power3,9134,17910,38710,573
Groundwater extraction charges19,05923,73651,34759,419
Other production expenses11,88811,06933,60730,302
Total production expenses73,60472,105179,654176,728
Administrative and general23,90922,71371,37464,932
Maintenance7,0656,36920,65119,221
Property taxes and other non-income taxes8,3548,12524,24222,789
Depreciation and amortization25,52923,83778,34270,787
Gain on sale of nonutility properties(82)0(5,532)0
Total operating expense138,379133,149368,731354,457
OPERATING INCOME37,60233,77480,59379,492
OTHER (EXPENSE) INCOME:    
Interest on long-term debt and other interest expense(14,190)(13,535)(42,160)(40,655)
Pension non-service cost9703342,860999
Gain on sale of Texas Water Alliance0003,000
Other, net8751,2442,6944,782
Income before income taxes25,25721,81743,98747,618
Provision for income taxes2232,7493,6585,159
NET INCOME25,03419,06840,32942,459
Other comprehensive (loss) income, net(173)(12)(602)133
COMPREHENSIVE INCOME$ 24,861$ 19,056$ 39,727$ 42,592
EARNINGS PER SHARE    
Basic (usd per share)$ 0.83$ 0.64$ 1.33$ 1.44
Diluted (usd per share)0.820.641.331.43
DIVIDENDS PER SHARE (usd per share)$ 0.36$ 0.34$ 1.08$ 1.02
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (shares)30,269,46229,816,73630,246,20129,496,533
Diluted (shares)30,392,29529,952,47730,358,26829,625,784

SJW Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Utility plant:  
Land$ 39,885$ 39,004
Depreciable plant and equipment3,596,1983,381,908
Construction in progress127,528176,427
Intangible assets35,96036,276
Property, plant, and equipment, gross3,799,5713,633,615
Less accumulated depreciation and amortization1,206,6901,136,116
Public utilities, property, plant and equipment, net2,592,8812,497,499
Real estate investments and nonutility properties58,01257,632
Less accumulated depreciation and amortization16,85515,951
Real estate investment property, total41,15741,681
Cash and cash equivalents:  
Cash13,19010,908
Restricted cash01,211
Accounts receivable:  
Customers, net of allowances for uncollectible accounts of $5,665 and $4,600 on September 30, 2022 and December 31, 2021, respectively63,76053,699
Income tax02,308
Other7,3004,735
Accrued unbilled utility revenue53,68244,026
Prepaid expenses12,9649,667
Current regulatory assets, net7382,629
Other current assets6,2664,902
Total current assets157,900134,085
OTHER ASSETS:  
Net regulatory assets, less current portion145,945151,992
Investments14,43815,784
Goodwill640,311640,471
Other12,07210,883
Total other assets812,766819,130
Total assets3,604,7043,492,395
Stockholders’ equity:  
Common stock, $0.001 par value; authorized 70,000,000 shares; issued and outstanding shares 30,315,265 on September 30, 2022 and 30,181,348 on December 31, 20213030
Additional paid-in capital614,226606,392
Retained earnings435,856428,260
Accumulated other comprehensive income(765)(163)
Total stockholders’ equity1,049,3471,034,519
Long-term debt, less current portion1,453,7481,492,935
Capitalization, long-term debt and equity2,503,0952,527,454
CURRENT LIABILITIES:  
Line of credit199,17062,996
Current portion of long-term debt4,34039,106
Accrued groundwater extraction charges, purchased water and power27,69417,200
Accounts payable29,76530,391
Accrued interest17,90514,174
Accrued payroll11,52411,583
Income tax payable3,8590
Other current liabilities24,45327,821
Total current liabilities318,710203,271
DEFERRED INCOME TAXES208,130200,451
ADVANCES FOR CONSTRUCTION140,842130,693
CONTRIBUTIONS IN AID OF CONSTRUCTION319,866316,479
POSTRETIREMENT BENEFIT PLANS89,61089,998
OTHER NONCURRENT LIABILITIES24,45124,049
COMMITMENTS AND CONTINGENCIES
Total capitalization and liabilities$ 3,604,704$ 3,492,395