Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) - Equities research analysts at Seaport Res Ptn increased their FY2025 earnings per share (EPS) estimates for Aris Water Solutions in a research note issued on Wednesday, November 6th. Seaport Res Ptn analyst J. Campbell now forecasts that the company will post earnings of $1.02 per share for the year, up from their previous estimate of $1.00. The consensus estimate for Aris Water Solutions' current full-year earnings is $0.88 per share.
Other analysts have also recently issued reports about the company. Evercore ISI increased their target price on Aris Water Solutions from $20.00 to $25.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 6th. Stifel Nicolaus raised their price objective on shares of Aris Water Solutions from $20.00 to $26.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. US Capital Advisors raised shares of Aris Water Solutions from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, October 28th. JPMorgan Chase & Co. downgraded Aris Water Solutions from an "overweight" rating to a "neutral" rating and lifted their price target for the company from $19.00 to $22.00 in a research note on Wednesday, November 6th. Finally, The Goldman Sachs Group upped their price objective on Aris Water Solutions from $18.50 to $21.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $18.50.
Check Out Our Latest Report on Aris Water Solutions
NYSE ARIS opened at $23.65 on Monday. Aris Water Solutions has a one year low of $7.22 and a one year high of $23.71. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.72 and a quick ratio of 1.30. The firm has a market cap of $1.37 billion, a P/E ratio of 29.56 and a beta of 1.62. The stock's 50-day moving average is $16.91 and its 200-day moving average is $16.07.
A number of institutional investors and hedge funds have recently bought and sold shares of ARIS. Rhumbline Advisers boosted its holdings in Aris Water Solutions by 1.7% in the second quarter. Rhumbline Advisers now owns 44,083 shares of the company's stock worth $691,000 after acquiring an additional 758 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Aris Water Solutions in the 2nd quarter worth about $27,000. Kings Path Partners LLC grew its holdings in Aris Water Solutions by 2.6% during the third quarter. Kings Path Partners LLC now owns 67,234 shares of the company's stock valued at $1,134,000 after purchasing an additional 1,735 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Aris Water Solutions by 9.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 22,107 shares of the company's stock valued at $313,000 after acquiring an additional 1,902 shares during the period. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Aris Water Solutions during the 3rd quarter valued at approximately $39,000. Institutional investors and hedge funds own 39.71% of the company's stock.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 5th. Aris Water Solutions's dividend payout ratio (DPR) is 52.50%.
Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.
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