SJW (SJW)

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 SJW Group Named One of America's Most Responsible Companies 2025 by Newsweek
 Newsfilter· 2025-01-21 21:15
 Core Viewpoint - SJW Group has been recognized by Newsweek as one of America's Most Responsible Companies for 2025, highlighting its commitment to positive global impact through environmental and social initiatives [1][4].   Group 1: Corporate Responsibility and Recognition - SJW Group serves 1.6 million people across the U.S. and has been acknowledged for its dedication to community service and environmental initiatives [1][2]. - The company has also been recognized as one of America's Greenest Companies for 2025, further emphasizing its commitment to sustainability [5].   Group 2: Environmental and Social Initiatives - SJW Group has implemented various sustainability measures, including reducing Scope 1 and Scope 2 greenhouse gas emissions by 20% from 2019 to 2022, with a target of 50% reduction by 2030 [7]. - The company has advanced leak detection programs that have reduced non-revenue water to less than 10% in California [7]. - SJW Group is expanding the use of recycled water for irrigation and non-potable uses to lessen the demand for drinking water [7]. - The installation of solar generation is expected to produce over 6,000 megawatt hours of electricity annually [7].   Group 3: Community Support and Financial Assistance - In 2023, SJW Group secured over $900,000 in assistance for customers through the federal Low-Income Home Water Assistance Program and $15.3 million for California customers affected by COVID-related hardships [7]. - The company has expanded income eligibility for its Water Rate Assistance Program (WRAP) in Connecticut, providing discounts for local income-eligible customers [7]. - SJW Group has committed to dispensing 21% of its addressable 2023 spend to diverse vendors [7].   Group 4: ESG Analysis and Methodology - The recognition as one of America's Most Responsible Companies was based on an analysis of 30 key performance indicators related to environmental, social, and corporate governance (ESG) concerns, including energy usage and charitable donations [4].
 SJW Group Named One of America's Most Responsible Companies 2025 by Newsweek
 GlobeNewswire News Room· 2025-01-21 21:15
 Core Viewpoint - SJW Group has been recognized by Newsweek as one of America's Most Responsible Companies for 2025, highlighting its commitment to positive global impact through environmental and social practices [1][4].   Group 1: Corporate Responsibility and Recognition - SJW Group serves 1.6 million people across the U.S. and has been acknowledged for its dedication to community service and environmental initiatives [1][2]. - The company has also been recognized as one of America's Greenest Companies for 2025, further emphasizing its commitment to sustainability [5].   Group 2: Environmental and Social Initiatives - SJW Group has implemented various sustainability measures, including reducing Scope 1 and Scope 2 greenhouse gas emissions by 20% from 2019 to 2022, with a target of 50% reduction by 2030 [7]. - The company has advanced leak detection programs that have reduced non-revenue water to less than 10% in California [7]. - Investments in solar generation are expected to produce over 6,000 megawatt hours of electricity annually, contributing to operational cost reductions [3][7].   Group 3: Community Engagement and Support - In 2023, SJW Group secured over $900,000 in assistance for low-income customers through federal programs and $15.3 million for California customers affected by COVID-related hardships [7]. - The company has expanded its Water Rate Assistance Program (WRAP) in Connecticut, providing discounts for income-eligible customers [7]. - SJW Group has committed to dispensing 21% of its addressable 2023 spend to diverse vendors, promoting inclusivity [7].
 SJW Group Announces Deferral of San Jose Water Company's Cost of Capital Filing to May 1, 2026
 Newsfilter· 2025-01-16 13:50
 Core Viewpoint - SJW Group's subsidiary, San Jose Water Company, along with three other California water utilities, has received approval from the California Public Utilities Commission to defer their 2025 Cost of Capital filings to May 1, 2026, which is aimed at reducing administrative costs for both the utilities and the CPUC [1][2].   Group 1: Cost of Capital Filings - The Joint Parties initially requested a one-year postponement of their Cost of Capital filings scheduled for May 1, 2025, which was previously granted by the CPUC [2]. - The last Cost of Capital decision was issued on June 29, 2023, and the Joint Parties are required to file these applications every three years [2]. - The new filing date of May 1, 2026, will be effective from January 1, 2027 [7].   Group 2: Water Cost of Capital Mechanism - The Water Cost of Capital Mechanism (WCCM) will remain in place until January 1, 2027, allowing the return on equity to adjust based on the Moody's Aa Utility Bond Index [3][7]. - The Water Conservation Memorandum Account (WCMA) is a temporary revenue protection mechanism due to a voluntary 15% water reduction request from San Jose Water's wholesaler [3].   Group 3: Company Overview - SJW Group is one of the largest investor-owned water and wastewater utilities in the U.S., serving nearly 1.6 million people [4]. - The company operates several water utilities across different states, including California, Connecticut, Maine, and Texas, focusing on environmental protection and customer service [4].
 SJW Group Announces Deferral of San Jose Water Company's Cost of Capital Filing to May 1, 2026
 GlobeNewswire News Room· 2025-01-16 13:50
 Core Viewpoint - SJW Group's subsidiary, San Jose Water Company, along with three other California water utilities, has received approval from the California Public Utilities Commission to defer their 2025 Cost of Capital filings to May 1, 2026, which is a one-year postponement aimed at reducing administrative costs [1][2].   Group 1: Cost of Capital Filings - The Joint Parties initially requested a one-year postponement of their Cost of Capital filings scheduled for May 1, 2025, which was previously deferred from an original filing date of May 1, 2024 [2]. - The last Cost of Capital decision was issued on June 29, 2023, and the Joint Parties are required to file these applications every three years as per CPUC's rate case plan [2].   Group 2: Water Cost of Capital Mechanism - The Water Cost of Capital Mechanism (WCCM) will remain in effect until January 1, 2027, allowing for adjustments in the return on equity based on the Moody's Aa Utility Bond Index [3][7]. - The Water Conservation Memorandum Account (WCMA) is a temporary revenue protection mechanism due to a voluntary 15% water reduction request from San Jose Water's wholesaler [3].   Group 3: Company Overview - SJW Group is one of the largest investor-owned water and wastewater utilities in the U.S., serving nearly 1.6 million people across various states [4]. - The company emphasizes its commitment to operational investment, community engagement, and delivering sustainable value to shareholders [4].
 SJW Group: Snatch Up This Discounted Dividend King Now
 Seeking Alpha· 2025-01-10 12:13
 Group 1 - Berkshire Hathaway's late vice chairman Charlie Munger is recognized as a legendary figure in both the investment industry and life, due to his widely applicable wisdom [1]   - Munger's insights extend beyond investment, influencing various aspects of life, highlighting his significance in the broader context of personal and professional development [1]     Group 2 - The article does not provide specific financial data or performance metrics related to Berkshire Hathaway or any other companies [2][3]   - There are no investment recommendations or disclosures regarding stock positions in the article [2][3]
 SJW vs. AWR: Which Stock Should Value Investors Buy Now?
 ZACKS· 2024-12-30 17:41
Investors with an interest in Utility - Water Supply stocks have likely encountered both SJW (SJW) and American States Water (AWR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores hig ...
 SJW Group Announces CPUC Decision Approving San Jose Water's General Rate Case
 Newsfilter· 2024-12-23 14:00
Provides for $450 million in increased water system investments and greater fixed cost recovery. Recognizes San Jose Water's commitment to be a force for good in the communities it serves.  SAN JOSE, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:SJW), a leading investor-owned pure-play water and wastewater utility, announced today that the California Public Utilities Commission ("CPUC") approved the General Rate Case ("GRC") for its wholly-owned subsidiary, San Jose Water Company ("SJW" or "th ...
 SJW Group Announces CPUC Decision Approving San Jose Water's General Rate Case
 GlobeNewswire News Room· 2024-12-23 14:00
Provides for $450 million in increased water system investments and greater fixed cost recovery. Recognizes San Jose Water’s commitment to be a force for good in the communities it serves.  SAN JOSE, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading investor-owned pure-play water and wastewater utility, announced today that the California Public Utilities Commission (“CPUC”) approved the General Rate Case (“GRC”) for its wholly-owned subsidiary, San Jose Water Company (“SJW” or “t ...
 Reasons to Add SJW Group Stock to Your Portfolio Right Now
 ZACKS· 2024-12-02 14:10
 Core Viewpoint - SJW Group is positioned as a strong investment option in the utility sector due to its strategic investments in infrastructure and acquisitions in water and wastewater systems, which are expected to enhance its performance [1]   Growth Projections & Surprise History - The Zacks Consensus Estimate for SJW's fourth-quarter 2024 earnings per share (EPS) has increased by 1.9% to 55 cents over the past 30 days [2] - The estimated revenue for 2024 is $715.23 million, reflecting a year-over-year growth of 6.7% [2] - SJW's long-term earnings growth rate is projected at 6.07%, with an average earnings surprise of 4.3% over the last four quarters [2]   Debt Position - SJW Group's total debt to capital ratio stands at 57.1%, which is better than the sector average of 59.37% [3] - The time-to-interest earned ratio is 2.4, indicating the company's capability to meet future interest obligations comfortably [3]   Dividend History - SJW has a strong dividend history, with a compound annual growth rate (CAGR) of over 6% in dividends over the past five years [4] - The company has paid dividends for 80 consecutive years, with increases for the past 56 years [4] - The current quarterly dividend is 40 cents per share, leading to an annualized dividend of $1.60 and a dividend yield of 2.87%, surpassing the S&P 500 composite's yield of 1.19% [4]   Systematic Investments - SJW Group has invested nearly $252 million year-to-date, which is approximately 76% of its $332 million budget for 2024 [5] - The company plans to invest over $1.6 billion in the next five years to enhance its water and wastewater operations [5]   Stock Price Performance - Over the past month, SJW's stock has returned 2.2%, outperforming the industry's growth of 1.4% [6]
 SJW vs. AWR: Which Stock Is the Better Value Option?
 ZACKS· 2024-11-27 17:46
Investors interested in stocks from the Utility - Water Supply sector have probably already heard of SJW (SJW) and American States Water (AWR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targ ...








