SJW Group: Outlook Remains Positive, But There Are Weather Pattern Issues
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Santa Cruz Mountains – source of surface water for SJW Group
Investment Thesis
Back in November 2020, I published article, “SJW Group: Continue To Wait And Watch”. Since then, the share price has declined by $1.29 (1.96%), while the S&P 500 has increased by 17.87%. SJW Group (SJW) again missed analysts’ EPS estimates in Q1-2021, making 10 misses out of 13 quarters since Q1-2018. On the plus side, in the intervening period, two quarterly dividends…
