SJW Corp. (NYSE:SJW)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $39.36, but opened at $39.44. SJW Corp. shares last traded at $40.62, with a volume of 29,704 shares traded.

Separately, Zacks Investment Research downgraded shares of SJW Corp. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 26th.

The firm has a 50-day moving average of $39.89 and a 200-day moving average of $36.68. The firm has a market cap of $853.66 million and a PE ratio of 18.65.

SJW Corp. (NYSE:SJW) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.41. On average, analysts anticipate that SJW Corp. will post $1.80 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Monday, August 8th will be paid a $0.2025 dividend. The ex-dividend date is Thursday, August 4th. This represents a $0.81 annualized dividend and a yield of 1.94%.

In other SJW Corp. news, VP Palle Jensen sold 3,000 shares of the business’s stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $41.15, for a total value of $123,450.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.

SJW Corp. is a holding company. The Company has approximately five subsidiaries: San Jose Water Company, SJWTX, Inc, SJW Land Company, Texas Water Alliance Limited (TWA) and SJW Group, Inc SJWTX, Inc is doing business as Canyon Lake Water Service Company (CLWSC). The Company operates through two segments: Water Utility Services and Real Estate Services.

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