Research Analysts Set Expectations for ARIS FY2024 Earnings

Aris Water Solutions, Inc. (NYSE:ARIS) – Equities research analysts at Seaport Res Ptn upped their FY2024 EPS estimates for shares of Aris Water Solutions in a research report issued on Wednesday, November 6th. Seaport Res Ptn analyst J. Campbell now anticipates that the company will post earnings of $0.84 per share for the year, up from their prior estimate of $0.81. The consensus estimate for Aris Water Solutions’ current full-year earnings is $0.88 per share. Seaport Res Ptn also issued estimates for Aris Water Solutions’ Q4 2025 earnings at $0.29 EPS.

A number of other research analysts also recently commented on the company. The Goldman Sachs Group increased their target price on Aris Water Solutions from $18.50 to $21.00 and gave the company a “buy” rating in a research report on Wednesday. US Capital Advisors upgraded shares of Aris Water Solutions from a “moderate buy” rating to a “strong-buy” rating in a research report on Monday, October 28th. JPMorgan Chase & Co. downgraded shares of Aris Water Solutions from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $19.00 to $22.00 in a report on Wednesday. Evercore ISI upped their target price on shares of Aris Water Solutions from $20.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Stifel Nicolaus lifted their price target on Aris Water Solutions from $20.00 to $26.00 and gave the stock a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $18.50.

Aris Water Solutions Price Performance

Shares of Aris Water Solutions stock opened at $23.65 on Friday. The firm has a market cap of $1.37 billion, a PE ratio of 29.56 and a beta of 1.62. The stock has a 50 day moving average of $16.91 and a 200 day moving average of $16.06. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.62. Aris Water Solutions has a 12 month low of $7.22 and a 12 month high of $23.71.

Aris Water Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be paid 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 is Thursday, December 5th. Aris Water Solutions’s dividend payout ratio is presently 52.50%.

Insider Activity at Aris Water Solutions

In other Aris Water Solutions news, COO Brunt David Dylan Van sold 14,813 shares of Aris Water Solutions stock in a transaction on Monday, August 12th. The stock was sold at an average price of $14.84, for a total transaction of $219,824.92. Following the completion of the sale, the chief operating officer now directly owns 94,690 shares of the company’s stock, valued at $1,405,199.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.06% of the stock is owned by company insiders.

Hedge Funds Weigh In On Aris Water Solutions

Large investors have recently bought and sold shares of the business. Inspire Investing LLC bought a new position in shares of Aris Water Solutions in the 1st quarter worth $359,000. Clearbridge Investments LLC boosted its stake in Aris Water Solutions by 7.2% in the first quarter. Clearbridge Investments LLC now owns 582,127 shares of the company’s stock valued at $8,237,000 after acquiring an additional 39,145 shares in the last quarter. Quadrature Capital Ltd purchased a new position in Aris Water Solutions in the first quarter worth $166,000. Lazard Asset Management LLC acquired a new position in shares of Aris Water Solutions during the first quarter worth $222,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Aris Water Solutions by 9.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 22,107 shares of the company’s stock valued at $313,000 after purchasing an additional 1,902 shares during the last quarter. Institutional investors own 39.71% of the company’s stock.

Aris Water Solutions Company Profile

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.