American States Water Issues Shares to Reduce Debt

The latest update is out from American States Water ( (AWR) ).

On May 30, 2025, Golden State Water Company issued 3.65 common shares to American States Water Company for $50 million to reduce its credit borrowings. Additionally, on May 29, 2025, GSWC entered a note purchase agreement for $100 million in unsecured notes to further pay down its credit agreement, with specific financial covenants to maintain certain debt ratios.

The most recent analyst rating on (AWR) stock is a Hold with a $87.00 price target. To see the full list of analyst forecasts on American States Water stock, see the AWR Stock Forecast page.

Spark’s Take on AWR Stock

According to Spark, TipRanks’ AI Analyst, AWR is a Neutral.

American States Water has a solid financial foundation with strong revenue growth and profitability metrics. Technical indicators suggest a stable market position. The valuation reflects a fair market price with an attractive dividend yield. The positive earnings call highlights regulatory approvals and infrastructure investments, though tempered by increased expenses and investment losses. Overall, the company is financially stable with room for improvement in cash flow management.

To see Spark’s full report on AWR stock, click here.

More about American States Water

American States Water Company operates in the utilities industry, primarily focusing on providing water and electric services through its subsidiary, Golden State Water Company.

Average Trading Volume: 239,176

Technical Sentiment Signal: Buy

Current Market Cap: $3.03B

Learn more about AWR stock on TipRanks’ Stock Analysis page.