American States Water stock gained 2.01 percent on October 2
Published on 10/05/2026 at 10:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
American States Water Company (ISIN US0298991011) was last at USD 82.82 on the NYSE on October 2, 2026, up 2.01 percent from the prior close. The move followed second-quarter 2026 results that showed revenue growth, higher earnings and a stronger dividend.
Revenue rises to USD 181.29 million
Operating revenue reached USD 181.29 million in Q2 2026, up 11.2 percent from USD 163.07 million in the same quarter of 2025, according to Zacks on September 4, 2026. Net income rose 28.4 percent to USD 43.27 million, while operating income increased 25.5 percent to USD 63.97 million.
The earnings mix matters. Water segment revenue rose 9.5 percent to USD 131.05 million, contracted services revenue increased 20.3 percent to USD 36.61 million, and electric revenue advanced 5.4 percent to USD 13.63 million, Zacks reported.
EPS beats the USD 0.93 consensus
American States Water delivered diluted EPS of USD 1.09 for Q2 2026, compared with USD 0.87 in Q2 2025 and a USD 0.93 consensus estimate. The USD 0.16 beat and 25.3 percent year-over-year EPS increase made earnings the clearest operating support for the share move, according to MarketBeat on September 14, 2026.
Management attributed the quarter to new customer rates effective January 1, 2026, higher water consumption and increased construction activity. The company reported a 4 percent increase in water consumption and said operating cash flow reached USD 116.6 million in the first six months of 2026, compared with USD 109.6 million in the same period of 2025, according to Yahoo Finance.
Analyst target stands at USD 84.00
Zacks lists an average brokerage recommendation of 3.25, equivalent to Hold, from four brokerage firms. Its short-term target survey covers two analysts, with an average target of USD 84.00, a high of USD 89.00 and a low of USD 79.00. Against the October 2 price of USD 82.82, the average target is USD 1.18 higher and the price lies 1.4 percent below the target.
The counter-factor is regulatory and operating variability. Company executives said second-quarter earnings benefited from higher consumption and a favorable water supply mix, while future results can change with weather, conservation and groundwater conditions, according to Yahoo Finance.
Stock remains below the yearly high
American States Water stock was last at USD 82.82 on the NYSE on October 2, 2026, at 4:00 p.m. ET. The price stood USD 8.90 below the 52-week high of USD 91.72 and USD 13.37 above the 52-week low of USD 69.45, giving the earnings-driven move a valuation context.
American States Water stock facts
- Company: American States Water Company
- ISIN: US0298991011
- Ticker: AWR
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 82.82, last at
- Market capitalization: USD 3.2 billion (as of October 2, 2026)
- 52-week range: USD 69.45-91.72 (as of October 2, 2026)
- Sector / Industry: Utilities / Water Supply
