Core Viewpoint - SJW Group is set to report its financial results for the first quarter of 2025 on April 28, 2025, with a conference call scheduled for April 29, 2025, to discuss these results [1][2]. Company Overview - SJW Group is one of the largest investor-owned pure-play water and wastewater utilities in the United States, serving approximately 1.6 million people [4]. - The company operates several water utilities across different states, including California, Connecticut, Maine, and Texas, emphasizing financial strength, operational expertise, and technological innovation [4]. - SJW Group is committed to investing in its operations, engaging with local communities, and delivering sustainable value to its shareholders [4]. Conference Call Details - The conference call will be hosted by key executives, including the CEO, CFO, COO, and other senior officials, at 11 a.m. Pacific Time on April 29, 2025 [2]. - Investors and the public can access the live webcast by registering on the company's website, with an archive available until July 21, 2025 [3].

SJW (SJW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors often fi ...

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has SJW (SJW) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.SJW is a member of our Utilities group, which includes 106 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector g ...

SAN JOSE, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its Board of Directors has appointed Ann P. Kelly as Chief Financial Officer (CFO) and Treasurer, effective July 1, 2025. Kelly, who joined SJW Group in November 2024 as Chief Accounting Officer, has already played a key role in advancing the company's business transformation and operational excellence. In her new role, Kelly will lead b ...

I am a conservative yet opportunistic value investor who has been investing since 2005. I am fact-driven, preferring to let financial data inform me of a company's health, followed by qualitative analysis to fill in the gaps to paint a holistic picture of a company's growth prospects.My work is published on two platforms, Seeking Alpha and FAST Graphs (https://fastgraphs.com/blog/category/research-articles/).I appreciate everyone who reads my research and especially those who drop me questions and comments ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-8966 SJW GROUP (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...

Financial Data and Key Metrics Changes - SJW Group reported diluted earnings per share of $2.87 for 2024, an increase from $2.68 in 2023, representing an 11% growth [22][23] - Revenue for 2024 was $748.4 million, a 12% increase from $670.4 million in 2023 [22] - GAAP net income increased by 11% to $94 million in 2024, while adjusted net income rose 15% to $96.8 million [22][24] Business Line Data and Key Metrics Changes - The company invested $353 million in water and wastewater utility infrastructure across all four states in 2024 [16] - In Connecticut, a record $41.9 million was invested in water infrastructure and conservation adjustment projects, the largest annual spend since the inception of WICA [43] - The Texas Public Utilities Commission approved the first system improvement charge, with a second request filed in September 2024 [15][16] Market Data and Key Metrics Changes - Rate increases in California and Connecticut contributed $36.1 million to revenue, while higher customer usage added another $14.9 million [25] - Water production expenses increased by 14% in 2024, driven by rate increases from wholesalers and higher customer usage [26] - The effective consolidated income tax rate for 2024 was approximately 9%, up from 7% in 2023 [29] Company Strategy and Development Direction - The company is increasing its five-year capital budget by 25% to approximately $2 billion to address aging infrastructure and regulatory requirements [21][34] - A disciplined long-term investment strategy includes replacing at least 1% of aging pipelines annually and enhancing water supply and storage [19] - The company aims to maintain affordability while leveraging scale and technological advancements to manage costs [20] Management's Comments on Operating Environment and Future Outlook - Management highlighted the need for greater system resiliency and efficiency due to the impacts of climate change, including severe droughts [18] - The company expects to extend its 5% to 7% earnings growth rate through 2029, anticipating to be in the top half of that range [21][32] - Management emphasized the importance of constructive engagement with stakeholders and regulators to achieve beneficial outcomes for customers and shareholders [38] Other Important Information - Eric Thornburg announced his retirement as CEO effective June 30, 2025, with Andrew Walters appointed as his successor [10][11] - SJW Group was recognized by Newsweek as one of America's Most Responsible Companies for 2025 [17][59] - The company established the Force for Good Foundation to contribute to selected charitable organizations [61] Q&A Session Summary Question: Inquiry about unaccounted for water rates in California - Roger Liddell raised concerns about the unaccounted for water rate in San Jose being around 7% and questioned if this was a peculiarity of California due to its history of water issues [76] - Eric Thornburg did not provide a direct response in the provided text, indicating a need for further discussion on the topic [77]

2024 Financial Results Presentation On Today's Call Eric W. Thornburg Chair, President and CEO Andrew Walters Chief Financial Officer and Treasurer Bruce A. Hauk Chief Operating Officer 2 2 Forward-Looking Statements Safe Harbor This presentation contains forward-looking statements within the meaning of the federal securities laws relating to future events and future results of SJW Group and its subsidiaries that are based on current expectations, estimates, forecasts, and projections about SJW Group and it ...

Eric W. Thornburg to retire as Chief Executive Officer and President effective June 30, 2025; will remain on as non-executive Chair of the BoardAndrew F. Walters named next Chief Executive OfficerBruce A. Hauk promoted to PresidentKristen A. Johnson promoted to President of the newly formed Shared Services organization SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), one of the nation’s largest investor-owned pure-play water and wastewater utilities, today announced a leadership ...

Core Insights - SJW reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.55 per share, and up from $0.59 per share a year ago, representing an earnings surprise of 34.55% [1] - The company achieved revenues of $197.82 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 12.45%, compared to $171.34 million in the same quarter last year [2] - SJW shares have increased approximately 10.2% since the beginning of the year, outperforming the S&P 500's gain of 1.3% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.44 on revenues of $156.57 million, and for the current fiscal year, it is $2.95 on revenues of $755.03 million [7] - The estimate revisions trend for SJW is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Utility - Water Supply industry, to which SJW belongs, is currently ranked in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, York Water, is expected to report quarterly earnings of $0.37 per share, reflecting a year-over-year decline of 11.9%, with revenues projected at $19 million, a 5% increase from the previous year [9]