American States Water Issues Shares to Reduce Debt

An update from American States Water ( (AWR) ) is now available.

On May 30, 2025, Golden State Water Company issued 3.65 common shares to its parent, American States Water Company, for a $50 million contribution, which was used to reduce outstanding borrowings. Additionally, on May 29, 2025, GSWC executed a note purchase agreement for $100 million in unsecured private placement notes to further pay down its credit agreement, with specific terms restricting additional indebtedness based on financial 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 providing water and electric services through its subsidiary, Golden State Water Company. The company focuses on delivering reliable water services to its customers across various regions.

Average Trading Volume: 239,176

Technical Sentiment Signal: Buy

Current Market Cap: $3.03B

For a thorough assessment of AWR stock, go to TipRanks’ Stock Analysis page.