SJW Gr (NASDAQ:SJW) Bolsa

SJW Gr

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 Other Services. The majority of the company's revenue is derived from its water utility services segment.

SJW Group

Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) with a Equal-Weight and raises the price target from $57 to $60.

News

Price Target

Analyst Ratings

Wells Fargo Maintains Equal-Weight on SJW Gr, Raises Price Target to $60

SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) affirms FY2025 Adj EPS guidance from $2.90-$3.00 to $2.90-$3.00 vs $2.97 analyst estimate..

Guidance

SJW Gr Affirms FY2025 Adj EPS Guidance of $2.90-$3.00 vs $2.97 Est

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.36 by 38.89 percent. This is a 38.89 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $167.60 million which beat the analyst consensus estimate of $159.03 million by 5.39 percent. This is a 12.19 percent increase over sales of $149.38 million the same period last year.

Earnings

Earnings Beats

SJW Gr Q1 Adj. EPS $0.50 Beats $0.36 Estimate, Sales $167.60M Beat $159.03M Estimate

<h3>Companies Reporting Before The Bell</h3>
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• Toyo Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOYO#NASDAQ">TOYO</a>) is estimated to report earnings for its Fiscal Year 2024. 
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• Rithm Property Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPT#NYSE">RPT</a>) is projected to report earnings for its first quarter. 
• Fomento Economico (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMX#NYSE">FMX</a>) is estimated to report earnings for its first quarter. 
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• Cemex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CX#NYSE">CX</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $3.85 billion. 
<h3>Companies Reporting After The Bell</h3>
• Merchants Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBIN#NASDAQ">MBIN</a>) is expected to report quarterly earnings at $1.28 per share on revenue of $169.00 million. 
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• SunCar Tech Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDA#NASDAQ">SDA</a>) is projected to report earnings for its Fiscal Year 2024. 
• EZCORP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EZPW#NASDAQ">EZPW</a>) is expected to report quarterly earnings at $0.30 per share on revenue of $306.17 million. 
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• Sanmina (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANM#NASDAQ">SANM</a>) is likely to report quarterly earnings at $1.38 per share on revenue of $1.97 billion. 
• Firstsun Capital Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSUN#NASDAQ">FSUN</a>) is expected to report earnings for its first quarter. 
• CVR Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVI#NYSE">CVI</a>) is estimated to report quarterly loss at $0.75 per share on revenue of $1.65 billion. 
• Leggett &amp; Platt (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEG#NYSE">LEG</a>) is projected to report quarterly earnings at $0.22 per share on revenue of $1.02 billion. 
• Welltower (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WELL#NYSE">WELL</a>) is estimated to report quarterly earnings at $1.14 per share on revenue of $2.37 billion. 
• Harmonic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLIT#NASDAQ">HLIT</a>) is likely to report quarterly earnings at $0.05 per share on revenue of $127.51 million. 
• Financial Institutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FISI#NASDAQ">FISI</a>) is likely to report quarterly earnings at $0.80 per share on revenue of $56.32 million. 
• Waste Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) is likely to report quarterly earnings at $1.68 per share on revenue of $6.12 billion. 
• Brixmor Property Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRX#NYSE">BRX</a>) is estimated to report earnings for its first quarter. 
• Crane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CR#NYSE">CR</a>) is expected to report quarterly earnings at $1.30 per share on revenue of $546.93 million. 
• Ameris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABCB#NYSE">ABCB</a>) is estimated to report quarterly earnings at $1.14 per share on revenue of $276.83 million. 
• Rambus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBS#NASDAQ">RMBS</a>) is expected to report quarterly earnings at $0.50 per share on revenue of $162.83 million. 
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• SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) is projected to report quarterly earnings at $0.37 per share on revenue of $160.54 million. 
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• Solaris Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEI#NYSE">SEI</a>) is projected to report quarterly earnings at $0.13 per share on revenue of $119.20 million. 
• SBA Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBAC#NASDAQ">SBAC</a>) is expected to report quarterly earnings at $2.32 per share on revenue of $661.98 million. 
• CVR Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAN#NYSE">UAN</a>) is expected to report earnings for its first quarter. 
• CNO Finl Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNO#NYSE">CNO</a>) is likely to report quarterly earnings at $0.80 per share on revenue of $975.80 million. 
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• Simpson Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSD#NYSE">SSD</a>) is projected to report quarterly earnings at $1.77 per share on revenue of $544.94 million. 
• Teradyne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) is projected to report quarterly earnings at $0.61 per share on revenue of $680.54 million. 
• Transocean (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RIG#NYSE">RIG</a>) is projected to report quarterly loss at $0.10 per share on revenue of $884.92 million. 
• Piedmont Office Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDM#NYSE">PDM</a>) is projected to report quarterly earnings at $0.35 per share on revenue of $141.29 million. 
• Kforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFRC#NYSE">KFRC</a>) is estimated to report quarterly earnings at $0.47 per share on revenue of $334.61 million. 
• Universal Health Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>) is expected to report quarterly earnings at $4.38 per share on revenue of $4.16 billion. 
• COPT Defense Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDP#NYSE">CDP</a>) is likely to report quarterly earnings at $0.65 per share on revenue of $185.78 million. 
• Crown Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) is projected to report quarterly earnings at $1.23 per share on revenue of $2.82 billion. 
• Noble Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>) is likely to report quarterly earnings at $0.36 per share on revenue of $863.31 million. 
• Amkor Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $1.28 billion. 
• NOV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOV#NYSE">NOV</a>) is estimated to report quarterly earnings at $0.26 per share on revenue of $2.10 billion. 
• Northwest Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWBI#NASDAQ">NWBI</a>) is estimated to report quarterly earnings at $0.24 per share on revenue of $142.16 million. 
• RBB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBB#NASDAQ">RBB</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $28.98 million. 
• Franklin BSP Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBRT#NYSE">FBRT</a>) is expected to report quarterly earnings at $0.37 per share on revenue of $53.04 million. 
• Netstreit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NTST#NYSE">NTST</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $44.21 million. 
• Enterprise Finl Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSC#NASDAQ">EFSC</a>) is likely to report earnings for its first quarter. 
• Alerus Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALRS#NASDAQ">ALRS</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $66.19 million. 
• Ultra Clean Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCTT#NASDAQ">UCTT</a>) is likely to report quarterly earnings at $0.31 per share on revenue of $561.40 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Market Index Target Term Securities Linked To The Dow Jones Industrial Average

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Earnings Scheduled For April 28, 2025

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) will release its quarterly earnings report on Monday, 2025-04-28. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate SJW Gr to report an earnings per share (EPS) of $0.37.
The market awaits SJW Gr's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Past Earnings Performance</h3>
The company's EPS beat by $0.19 in the last quarter, leading to a 1.86% drop in the share price on the following day.
Here's a look at SJW Gr's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.55</td>
<td>1.17</td>
<td>0.57</td>
<td>0.38</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.74</td>
<td>1.18</td>
<td>0.66</td>
<td>0.36</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-2.0%</td>
<td>-3.0%</td>
<td>4.0%</td>
<td>-2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745600552_0.png" alt="eps graph" />
<h3>Performance of SJW Gr Shares</h3>
Shares of SJW Gr were trading at $54.37 as of April 24. Over the last 52-week period, shares are down 0.82%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<h3>Analysts' Perspectives on SJW Gr</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on SJW Gr.
The consensus rating for SJW Gr is Buy, based on 3 analyst ratings. With an average one-year price target of $57.0, there's a potential 4.84% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of Middlesex Water, California Water Servs Gr and American States Water, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for Middlesex Water, with an average 1-year price target of $61.0, suggesting a potential 12.19% upside.</li>
<li>Analysts currently favor an Buy trajectory for California Water Servs Gr, with an average 1-year price target of $54.0, suggesting a potential 0.68% downside.</li>
<li>Analysts currently favor an Underperform trajectory for American States Water, with an average 1-year price target of $71.0, suggesting a potential 30.59% upside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
In the peer analysis summary, key metrics for Middlesex Water, California Water Servs Gr and American States Water are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>SJW Gr</td>
<td>Buy</td>
<td>15.46%</td>
<td>$115.55M</td>
<td>1.70%</td>
</tr>
<tr>
<td>Middlesex Water</td>
<td>Outperform</td>
<td>22.03%</td>
<td>$22.39M</td>
<td>1.98%</td>
</tr>
<tr>
<td>California Water Servs Gr</td>
<td>Buy</td>
<td>3.58%</td>
<td>$131.49M</td>
<td>1.20%</td>
</tr>
<tr>
<td>American States Water</td>
<td>Underperform</td>
<td>14.31%</td>
<td>$105.67M</td>
<td>3.15%</td>
</tr>
</tbody>
</table>

Key Takeaway:
SJW Gr ranks at the bottom for Revenue Growth among its peers, with the lowest growth rate. In terms of Gross Profit, SJW Gr is at the top, having the highest amount. However, its Return on Equity is at the bottom, indicating lower profitability compared to others. Overall, SJW Gr's performance is mixed when compared to its peers in the water services industry.
<h3>All You Need to Know About SJW Gr</h3>
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 Other Services. The majority of the company's revenue is derived from its water utility services segment.
<h3>Financial Insights: SJW Gr</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: SJW Gr's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 15.46%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Utilities sector.
Net Margin: SJW Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 11.59% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): SJW Gr's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.7% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): SJW Gr's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.5%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 1.34, SJW Gr faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/SJW/earnings">To track all earnings releases for SJW Gr visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look Ahead: SJW Gr's Earnings Forecast

Seaport Global analyst Angie Storozynski maintains SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) with a Buy and lowers the price target from $61 to $59.

Seaport Global Maintains Buy on SJW Gr, Lowers Price Target to $59

Management

Reported Earlier, SJW Group Promotes Ann P. Kelly To CFO And Treasurer, Effective July 1

Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) with a Equal-Weight and raises the price target from $53 to $57.

Wells Fargo Maintains Equal-Weight on SJW Gr, Raises Price Target to $57

<ul>
<li>Eric W. Thornburg to retire as Chief Executive Officer and President effective June 30, 2025; will remain on as non-executive Chair of the Board</li>
<li>Andrew F. Walters named next Chief Executive Officer</li>
<li>Bruce A. Hauk promoted to President</li>
<li>Kristen A. Johnson promoted to President of the newly formed Shared Services organization</li>
</ul>
SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>), one of the nation's largest investor-owned pure-play water and wastewater utilities, today announced a leadership transition that marks the next phase of the company's strategic direction and planned growth. After eight years of servant leadership and over 40 years of service to the drinking water profession, Eric W. Thornburg will retire as Chief Executive Officer (CEO) and President of SJW Group on June 30, 2025. He will remain on the SJW Group Board of Directors (the "Board") as non-executive Chair of the Board.
The Board has appointed Andrew F. Walters as the company's next CEO, effective July 1, 2025. Walters, who currently serves as Chief Financial Officer and Treasurer of SJW Group, has been a driving force in the company's financial strength and growth. The Company will name a new Chief Financial Officer and Treasurer to succeed Mr. Walters.
In addition, SJW Group is pleased to announce the promotion of key members of its executive team to further strengthen its leadership structure:
<ul>
<li>Bruce A. Hauk, Chief Operating Officer of SJW Group, will also serve as President of SJW Group. Hauk has nearly 30 years of water utility experience.</li>
<li>Kristen A. Johnson, Senior Vice President and Chief Administrative Officer of SJW Group, will also step into the role of President of the Shared Services organization. Johnson has nearly 20 years of water utility experience.</li>
</ul>
The promotions of Hauk and Johnson are also effective July 1, 2025.

SJW Group Announces Eric W. Thornburg To Retire As CEO And President Effective June 30, 2025; Will Remain On As Non-Executive Chair Of The Board; Andrew F. Walters Named Next CEO; Bruce A. Hauk Promoted To President

SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) is looking for FY2025 Adj EPS of $2.90-$3.00 vs $2.95 analyst estimate..

SJW Gr Sees FY2025 Adj EPS $2.90-$3.00 vs $2.95 Est

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.55 by 34.55 percent. This is a 25.42 percent increase over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $197.82 million which beat the analyst consensus estimate of $187.48 million by 5.52 percent. This is a 15.46 percent increase over sales of $171.34 million the same period last year.

SJW Gr Q4 Adj $0.74 Beats $0.55 Estimate, Sales $197.82M Beat $187.48M Estimate

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Earnings Scheduled For February 26, 2025

SJW Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) improved its financial and regulatory execution, which provides "a clear and achievable growth story," according to BofA Securities.
The SJW Group Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e6f86a05f2b9b000114a9e2/ross-fowler">Analyst Ross Fowler</a> upgraded the rating for SJW Group from Neutral to Buy, while cutting the price target from $59 to $55.
The SJW Group Thesis: The stock is currently trading at a 15% discount to peers, representing the lowest multiple "of any pure-play U.S. water utility," Fowler said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"We think the company&#8217;s improved EPS consistency and constructive regulatory outcomes set up SJW to execute against its long-term 5%-7% EPS guidance range," he added.
Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>) announced it will proceed with a sale of Aquarion to the state of Connecticut, which "bodes well for SJW as it removes a near-term overhang and should allow for multiple expansion," the analyst stated.
"We think SJW ultimately would benefit for added scale and the team showed its discipline in the Aquarion process, but the risk of future M&amp;A may be higher for SJW than some of its peers," he further wrote.
SJW Price Action: Shares of SJW Group had risen by 2.63% to $51.55 at the time of publication on Monday.
Read More:<a href="https://www.benzinga.com/insights/options/25/01/43110717/this-is-what-whales-are-betting-on-bank-of-new-york-mellon"></a> • <a href="https://www.benzinga.com/trading-ideas/25/01/43064849/4-stocks-to-buy-for-higher-for-longer-interest-rates">4 Stocks to Buy for &#8220;Higher for Longer&#8221; Interest Rates</a>
Photo: Shutterstock

Analyst Color

Long Ideas

Upgrades

Movers

Trading Ideas

SJW Group Has A 'Clear And Achievable Growth Story,' Says Bullish Analyst

B of A Securities analyst Ross Fowler upgrades SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) from Neutral to Buy and lowers the price target from $59 to $55.

B of A Securities Upgrades SJW Gr to Buy, Lowers Price Target to $55

Markets tumbled this week as a number of factors came into focus, pointing toward rates that would remain higher for longer. A <a href="https://www.benzinga.com/markets/25/01/42933499/unexpectedly-strong-jobs-report-sends-shockwaves-through-wall-street-triggering-market-sell-off/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}">hot jobs report</a> sent stocks plummeting as the economy added 256,000 jobs vs 155,000 expected, dampening the prospects of multiple rate cuts in 2025.
The Federal Reserve had already begun tempering expectations for future reductions by highlighting the stickiness of last-mile inflation and the uncertainty of how tariffs will affect the economy. On Friday, the average 30-year fixed mortgage rate hit 7.24%, the highest reading in over a year and another signal that compounding factors continue to influence higher rates.
Here are the four stocks that will benefit from higher interest rates.
<a href="https://www.benzinga.com/economics/macro-economic-events/25/01/42918778/december-jobs-report-a-wake-up-call-for-anyone-betting-on-rate-cuts-analyst-says/?el=ResearchDaily&amp;he={{email}}&amp;adt_ei={{email}}">Higher for longer</a> now appears to be the prevailing mantra, and how the economy responds to sustained 7% mortgage rates, aggressive tariffs, and a hot job market is anyone's guess. Higher rates aren't necessarily bad news for everyone. For savers or retirees on fixed incomes, higher rates mean better yields on low-risk assets like savings accounts and money market accounts.
But if you're looking for a house right now (or trying to originate mortgage loans), high prices and 7% mortgage rates are a deep hindrance.
Investors also face difficult choices in ‘higher for longer' environments. High rate environments can be a drag on stocks, especially in debt-heavy sectors. Tech stocks have managed to outperform despite high rates until now, but big winners like NVDA and MSFT have struggled of late.
If rates remain higher than expected, investors must adjust their expectations and not fight the new trend. Specific sectors like utilities and finance are often safe havens in high-rate environments, as are value stocks and dividend payers. Today, we'll look at four stocks that could boost your portfolio if rates stay higher for longer.
<h2 class="wp-block-heading">PNC Financial Services Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</h2>
Banks are often the first place to turn when rates are high for prolonged periods. While banks are forced to pay higher interest on deposits through FDIC-insured vehicles like savings accounts and CDs, they can also charge borrowers higher rates for mortgages, personal and business loans, credit instruments, and more. If mortgages and credit card interest rates stay elevated, PNC could be one of the beneficiaries.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="389" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-1024x389.png" alt="" class="wp-image-739758" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-1024x389.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-300x114.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC-768x291.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135125/PNC.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
PNC Financial Services Group is one of the largest regional banks in the United States, with operations focused primarily on the northeast United States. Based out of Pittsburgh, PNC offers consumer and commercial banking services, along with wealth management, insurance, mortgages, and private equity.
One area where PNC stands out is small business; the firm is a top 5 regional bank for small business in terms of banking relationships and Small Business Administration (SBA) loan origination. PNC has also worked to reduce its exposure to commercial real estate loans, an area that has seen a <a href="https://fred.stlouisfed.org/series/DRCRELEXFACBS">recent uptick</a> in delinquencies.
PNC shares performed well in 2024, but a recent dip below the 50-day moving average has turned a previous support level into resistance. However, the RSI shows an oversold stock and deregulation tailwinds could reignite the upward trend. PNC is currently rated a consensus Buy based on <a href="https://www.benzinga.com/quote/PNC/analyst-ratings">25 analyst reports</a> with an average price target of $195, representing a 24% upside from current levels.
<h2 class="wp-block-heading">Talen Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TLN#NYSE">TLN</a>)</h2>
Utilities are usually anathema to active investors because they are boring, highly regulated, offer minimal returns, and are frequently affected by disasters like hurricanes and wildfires. However, over the last six months, utilities have actually outperformed the rest of the market (10% gain versus 3% for the S&amp;P 500), and independent power producers like Talen Energy have been among the sector's biggest winners.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="397" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-1024x397.png" alt="" class="wp-image-739759" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-1024x397.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN-768x298.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135133/TLN.png 1358w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Talen Energy is a Houston-based power company selling electricity services through multiple divisions, including both fossil fuels and renewable energy sources. The company operates nuclear, gas, and coal power plants in the northeastern United States and Montana.
After filing for bankruptcy in May 2022, the company emerged with a reduced debt load that enabled it to pursue battery storage projects and data centers for digital infrastructure expansion. TLN shares have outpaced the utility sector (and the overall market) over the last six months, and the stock's bullish trend is intact, with the price comfortably above the 50-day and 200-day moving averages.
[<a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_source=WebRD-0117&amp;el=ResearchDaily&amp;he={{email}}">EXPOSED: Billionaire Stock Moves Before They Hit the News</a>]
<h2 class="wp-block-heading">ONEOK Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>)</h2>
Moving to another energy producer, ONEOK Inc. is another company to watch in a high-rate environment. Unlike Talen Energy Corp, ONEOK focuses on a single resource: natural gas. The company has natural gas and natural gas liquids pipelines throughout the Midwestern United States, from Texas to North Dakota. In addition to providing energy services to a vast portion of the country, ONEOK has been raising revenue while paying a consistently high dividend yield.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-1024x395.png" alt="" class="wp-image-739760" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE-768x297.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135138/OKE.png 1362w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
OKE shares have a market cap of just under $60 billion, with a modest P/E ratio of 21.79 and a dividend yield of 3.9%. The company's profit growth was exceptional in 2024, with 39% to 41% expansions in gross profits from each of the first three quarters.
The stock is a consensus Buy based on 22 analyst reports, including a recent Buy reiteration from Scotiabank and a $109 price target. OKE shares pulled back in December, but the uptrend remains intact, and this pullback could represent a good buying opportunity.
<h2 class="wp-block-heading">SJW Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>)</h2>
Our final pick combines two themes from our categories: utility companies and high dividend payers. SJW Group is a water supplier located in San Jose that provides services to clients across California, as well as parts of Maine, Tennessee, and Connecticut. A utility with this much exposure to California water systems may seem risky at the present time, but SJW has an affordable valuation and sustainable dividend.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="397" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-1024x397.png" alt="" class="wp-image-739761" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-1024x397.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW-768x297.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/17135144/SJW.png 1361w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
SJW is a Dividend Champion, meaning it has raised its annual dividend payout amount every year for 25 consecutive years. The stock's current dividend yield is 3.52%, and its three-year annualized dividend growth clocks in at 5.9%, which surpasses the utility sector average of 3.2%. The dividend payout ratio is also below 60%, which shows the company isn&#8217;t overextending itself to pay its shareholders. Additionally, the stock has a P/E ratio of 16.7 and an RSI of 28, indicating that shares may be oversold and undervalued.
Discover exactly what stocks billionaires are quietly loading up on – weeks before these plays hit the mainstream media. Plus, <a href="https://www.benzinga.com/premium/ideas/benzinga-edge/?utm_source=WebRD-0117&amp;el=ResearchDaily&amp;he={{email}}">How to position yourself to ride the potential profit wave.</a>
Image via Shutterstock

Opinion

4 Stocks to Buy for "Higher for Longer" Interest Rates

Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NASDAQ">SJW</a>) with a Equal-Weight and lowers the price target from $61 to $53.

Wells Fargo Maintains Equal-Weight on SJW Gr, Lowers Price Target to $53

Offerings

SJW Filed Prospectus Related To The Offer And Sale From Time To Time Of Shares Of Common Stock Having An Aggregate Gross Sales Price Of Up To $200M

Wells Fargo analyst Jonathan Reeder maintains SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) with a Equal-Weight and lowers the price target from $63 to $61.

Wells Fargo Maintains Equal-Weight on SJW Gr, Lowers Price Target to $61

2024 Guidance
The following table includes a reconciliation of the company's 2024 diluted EPS guidance (GAAP) to adjusted diluted EPS guidance (non-GAAP):
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="6">2024 Earnings Guidance</td>
</tr>
<tr>
<td>Estimated Diluted EPS Guidance on a GAAP Basis</td>
<td>$</td>
<td>2.65</td>
<td>to</td>
<td>2.75</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Adjustments:</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Loss on sale of real estate investments, net of tax&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>0.02</td>
<td>0.02</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Expense for merger and acquisition activities&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>0.01</td>
<td>0.01</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>Adjusted EPS Guidance (non-GAAP)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>$</td>
<td>2.68</td>
<td>to</td>
<td>2.78</td>
<td>&nbsp;</td>
</tr>
</tbody>
</table>
</figure>
In addition, we reiterate our non-linear long-term diluted EPS growth of 5% to 7%, anchored off of 2022's diluted EPS of $2.43.

SJW Group Reaffirms FY24 Adj. EPS Guidance Of $2.68-$2.78 Vs $2.75 Est.

SJW Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJW#NYSE">SJW</a>) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $1.17 by 0.85 percent. This is a 4.42 percent increase over earnings of $1.13 per share from the same period last year. The company reported quarterly sales of $225.06 million which beat the analyst consensus estimate of $213.50 million by 5.42 percent. This is a 9.87 percent increase over sales of $204.84 million the same period last year.

SJW Gr Q3 Adj $1.18 Beats $1.17 Estimate, Sales $225.06M Beat $213.50M Estimate

Press Releases

SJW Group Announces Deferral of San Jose Water Company's Cost of Capital Filing to May 1, 2026

SJW Group Named One of America's Most Responsible Companies 2025 by Newsweek

Dividends

SJW Group Declares Dividend and Announces 2025 Dividend Increase

SJW Group to Report Fourth-Quarter and Full-Year 2024 Financial Results on February 26

SJW Group Announces 2024 Financial Results

SJW Group Announces Leadership Transition and Executive Promotions to Drive Continued Growth

Ann P. Kelly Promoted to Chief Financial Officer of SJW Group

SJW Group to Report First-Quarter 2025 Financial Results on April 28

SJW Group Appoints Kay R. New as Chief Human Resources Officer

SJW Group Announces First Quarter 2025 Financial Results

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