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Sjw Group  (SJW)
Other Ticker:  
 
    Sector  Utilities    Industry Water Supply
   Industry Water Supply
   Sector  Utilities
 
Price: $57.0900 $0.19 0.334%
Day's High: $57.3473 Week Perf: -1.86 %
Day's Low: $ 56.39 30 Day Perf: -2.96 %
Volume (M): 681 52 Wk High: $ 81.86
Volume (M$): $ 38,884 52 Wk Avg: $67.08
Open: $56.60 52 Wk Low: $54.39



 Market Capitalization (Millions $) 1,810
 Shares Outstanding (Millions) 32
 Employees 395
 Revenues (TTM) (Millions $) 670
 Net Income (TTM) (Millions $) 85
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Sjw Group

SJW Corp. was incorporated in California on February 8, 1985. SJW Corp. is a holding company with four subsidiaries:

San Jose Water Company, a wholly owned subsidiary of SJW Corp., with its headquarters located at 110 West Taylor Street in San Jose, California 95110, was originally incorporated under the laws of the State of California in 1866. As part of a reorganization on February 8, 1985, San Jose Water Company became a wholly owned subsidiary of SJW Corp. San Jose Water Company is a public utility in the business of providing water service to approximately 229,000 connections that serve a population of approximately one million people in an area comprising approximately 138 square miles in the metropolitan San Jose, California area.

SJWTX, Inc., a wholly owned subsidiary of SJW Corp., was incorporated in the State of Texas in 2005. SJWTX, Inc. is doing business as Canyon Lake Water Service Company (“CLWSC”). CLWSC is a public utility in the business of providing water service to approximately 12,000 connections that serve approximately 36,000 people. CLWSCs service area comprises more than 240 square miles in western Comal County and southern Blanco County in the growing region between San Antonio and Austin, Texas. SJWTX, Inc. has a 25% interest in Acequia Water Supply Corporation (“Acequia”).

SJW Land Company, a wholly owned subsidiary of SJW Corp., was incorporated in 1985. SJW Land Company owns undeveloped land in the states of California and Tennessee, owns and operates commercial buildings in the states of California, Arizona and Tennessee, and has a 70% limited partnership interest in 444 West Santa Clara Street, L.P.

Texas Water Alliance Limited (“TWA”), a wholly owned subsidiary of SJW Corp., is undertaking activities that are necessary to develop a water supply project in Texas.
Together, San Jose Water Company, CLWSC and TWA are referred to as “Water Utility Services.”

The principal business of Water Utility Services consists of the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. San Jose Water Company provides water service to approximately 229,000 connections that serve customers in portions of the cities of San Jose and Cupertino and in the cities of Campbell, Monte Sereno, Saratoga and the Town of Los Gatos, and adjacent unincorporated territories, all in the County of Santa Clara in the State of California. San Jose Water Company distributes water to customers in accordance with accepted water utility methods. CLWSC provides water service to approximately 12,000 connections that serve approximately 36,000 people in a service area comprising more than 240 square miles in the growing region between San Antonio and Austin, Texas. TWA has entered into arrangements with certain landowners in Gonzales County, Texas that provide for the development of a water supply project. In connection with the project, TWA applied for groundwater production and transportation permits to meet the future water needs in the Canyon Lake Water Service Companys service area and to the central Texas hill country communities and utilities adjacent to this area. In January of 2013, TWAs permits were approved by the groundwater district in Gonzales County. The permits were subsequently received in March 2013.


San Jose Water Company also provides non-tariffed services under agreements with municipalities and other utilities. These non-tariffed services include water system operations, maintenance agreements and antenna leases.


In October 1997, San Jose Water Company commenced operation of the City of Cupertino municipal water system under the terms of a 25-year lease. The system is adjacent to the San Jose Water Company service area and has approximately 4,600 service connections. Under the terms of the lease, San Jose Water Company paid an up-front $6.8 million concession fee to the City of Cupertino that is amortized over the contract term. San Jose Water Company is responsible for all aspects of system operation including necessary capital improvements.


The operating results from the water business fluctuate according to the demand for water, which is often influenced by seasonal conditions, such as summer temperatures or the amount and timing of precipitation in Water Utility Services service areas. Revenue, production expenses and income are affected by changes in water sales and the availability of surface water supply. Overhead costs, such as payroll and benefits, depreciation, interest on long-term debt, and property taxes, remain fairly constant despite variations in the amount of water sold. As a result, earnings are highest in the higher demand, warm summer months and lowest in the lower demand, cool winter months.



   Company Address: 110 West Taylor Street, San Jose, 95110 CA
   Company Phone Number: 279-7800   Stock Exchange / Ticker: NYSE SJW
   


Customers Net Income grew by SJW's Customers Net Profit Margin grew to

84.61 %

8.53 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AWK   -1.64%    
AWR   -2.93%    
PCYO   -7%    
• View Complete Report
   



Management Changes

Tanya Moniz-Witten Appointed as President of San Jose Water, Bringing Potential for Positive Change

Published Mon, Mar 4 2024 9:30 PM UTC



SJW Group (NYSE: SJW) has recently announced the appointment of Tanya Moniz-Witten as the President of San Jose Water (SJW) effective from March 25, 2024. With her wealth of experience and expertise, Tanya will be responsible for leading the regulated utility business in San Jose. This article outlines the key facts surrounding this appointment and highlights SJW G...

Sjw Group

Disappointing Financial Performance for SJW Group in the Fourth Quarter of 2023

As an analyst for the , it is crucial to provide an accurate interpretation of financial results to help investors make informed decisions. Today, we will analyze the recent financial results of SJW Group (NYSE: SJW) for the fourth quarter of 2023.
SJW Group disclosed a significant deterioration in earnings per share (EPS) by -47.75%, dropping to $0.56 compared to the same quarter last year. Additionally, revenue experienced a slight decrease of -0.021% to $171.34 million year on year. These figures are concerning for SJW Group and indicate a challenging quarter for the company.

Product Service News

San Jose Water Improves Customer Experience with Implementation of InvoiceCloud as Strategic Payment Technology Provider, Achieving Impressive Revenue and Profit Growth

Published Tue, Feb 20 2024 2:00 PM UTC

The San Jose Water Company, a subsidiary of SJW Group, has recently selected InvoiceCloud as its strategic payment technology provider, offering online bill payment services to its widespread customer base in Silicon Valley. This move aligns with the company's commitment to enhancing customer experience and streamlining payment processes. Notably, all subsidiaries under SJW ...

Sjw Group

Stunning Financial Span! Sjw Group Shines with Strong Results Closing September 30, 2023



In the face of a challenging market environment, Sjw Group, a leading Water Supply company, has managed to deliver outstanding financial results in the financial span closing September 30, 2023. Despite a downturn in the industry, Sjw Group displayed significant revenue growth, improved profit margins, and a robust bottom line, thereby demonstrating its ability to withstand market pressures and thrive.
Financial Performance Highlights:
1. Increase in Earnings Per Share (EPS): Sjw Group's EPS experienced a notable surge of 94.83% from $0.58 per share in the previous reporting period to $1.13 per share in the current financial period, indicating strong profitability.

Sjw Group

SJW Group Celebrates Stellar Revenue Hike in Q2 2023 with Skyrocketing Income and EPS Growth

SJW Group, a leading water utility company, has reported strong financial results for the fiscal second quarter of 2023. The company's income increased by an impressive 52.63%, with earnings per share (EPS) soaring by 56.76% compared to the previous year. This growth is indicative of the company's continued success and ability to generate profits.
One of the key factors contributing to SJW Group's financial growth is its revenue. The company experienced a 5.264% increase in revenue, reaching $156.89 million, compared to $149.04 million in the same reporting period the previous year. Additionally, the company's revenue showed a sequential growth of 14.268% from $137.30 million. These positive revenue numbers reflect the company's ability to attract new customers and increase demand for its services.






 

Sjw Group's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Sjw Group does not provide revenue guidance.

Earnings Outlook
Sjw Group does not provide earnings estimates.

 
Geographic Revenue Dispersion




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