SJW Stock Summary and Trading Ideas (SJW Group Common (De) | NYSE:SJW)

SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company predominantly operates in various Californian municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.

SJW Group Common (De) trades on the NYSE stock market under the symbol SJW.

As of May 8, 2024, SJW stock price climbed to $56.67 with 143,896 million shares trading.

SJW has a beta of 0.65, meaning it tends to be less sensitive to market movements. SJW has a correlation of 0.12 to the broad based SPY ETF.

SJW has a market cap of $1.83 billion. This is considered a Small Cap stock.

Last quarter SJW Group Common (De) reported $149 million in Revenue and $.36 earnings per share. This beat revenue expectation by $9 million and missed earnings estimates by -$.02.

In the last 3 years, SJW stock traded as high as $83.88 and as low as $51.37.

The top ETF exchange traded funds that SJW belongs to (by Net Assets): IJR, VTI, IWM, VXF, SDY.

SJW has underperformed the market in the last year with a return of -24.0%, while the SPY ETF gained +27.0%. In the last 3 month period, SJW fell short of the market, returning -3.0%, while SPY returned +4.2%. However, in the most recent 2 weeks SJW has outperformed the stock market by returning +3.6%, while SPY returned +2.3%.

SJW support price is $55.19 and resistance is $56.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SJW stock will trade within this expected range on the day.