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Here's Why AWR Stock Deserves a Place in Your Portfolio Right Now

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Key Takeaways

  • AWR benefits from rising demand from its expanding customer base.
  • American States Water sees 2025 EPS estimates rise to $3.32, with revenues projected to grow 5.63%.
  • AWR plans to invest $573.1 million during 2025-2027 to strengthen infrastructure and existing operations.

American States Water (AWR - Free Report) continues to benefit from a growing water and electric utility customer base, which is driving higher demand for its services. Its diversified business model, spanning water, electricity, and long-term military contracts, supports stable and consistent financial performance.

Let us focus on the reasons that make this Zacks Rank #2 (Buy) stock a strong investment pick at the moment.

AWR’s Growth Outlook & Surprise History

The Zacks Consensus Estimate for 2025 earnings per share (EPS) has increased 1.22% to $3.32 in the past 60 days. 

The Zacks Consensus Estimate for 2025 revenues is pegged at $629 million, which indicates growth of 5.63% from the 2024 reported figure.

AWR’s long-term (three to five years) earnings growth rate is 5.65%.

AWR’s earnings beat estimates in three of the trailing four quarters and missed the same in one, resulting in an average surprise of 3.63%.

AWR’s Return to Shareholders

American States Water has been increasing shareholder value by steadily paying dividends. Currently, the company’s quarterly dividend is 50.5 cents per share, resulting in an annualized dividend of $2.02. AWR’s current dividend yield is 2.73%, better than the Zacks S&P 500 composite's average of 1.41%.

AWR’s Investment Plans and Drop in Interest Rates

AWR plans to invest $573.1 million during 2025-2027 to strengthen infrastructure and existing operations. For 2025, the company plans capital expenditure of $180-$210 million, primarily focused on upgrading water infrastructure.

The ongoing decline in interest rates will benefit the company. The U.S. Federal Reserve has gradually lowered the benchmark rate by 175 basis points to a range of 3.50-3.75%. The Federal Reserve is expected to cut interest rates further in 2026. As a result, American States Water’s cost of capital should decline, which would help boost its margins.

AWR’s Debt Structure

Currently, AWR’s total debt to capital is 47.54%, better than the Zacks Utility -Water Supply  industry’s average of 50.46%.
AWR’s times interest earned ratio (TIE) at the end of the third quarter of 2025 was 4.5. The TIE ratio, being greater than one, suggests that the company will be able to make its interest payment obligations in the near term without difficulty.

AWR Stock Price Performance

Over the past six months, AWR’s shares have lost 5% compared to the industry’s growth of 3%.

Zacks Investment Research

Other Stocks to Consider

A few other top-ranked stocks from the same industry are Ameren (AEE - Free Report) , NextEra Energy, Inc. (NEE - Free Report) and Dominion Energy, Inc. (D - Free Report) , each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

AEE’s long-term earnings growth rate is 8.52%. The Zacks Consensus Estimate for 2025 EPS is pegged at $5.01, which implies year-over-year growth of 8.21%.

NEE’s long-term earnings growth rate is 8.08%. The Zacks Consensus Estimate for 2025 EPS is pegged at $3.69, which implies a year-over-year rise of 7.58%.

D’s long-term earnings growth rate is 10.26%. The Zacks Consensus Estimate for 2025 EPS is pegged at $3.40, which suggests year-over-year growth of 22.74%.

 

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