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HTO

H2O America

HTO

NASDAQ·Utilities·Regulated Water·Mkt cap $2.1B

$62.42

+2.77%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$43.75 - $62.71

P/E

21.30

Fwd P/E

21.12

Beta

0.35

Div Yield

2.83%

Avg Vol

530.1K

Shares Out

35.0M

Mkt Cap

$2.1B

Price action

Price chart

Up 14.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

6 reasons

  • Regulated utility monopoly status with predictable, rate-regulated revenue streams
  • Diversified geographic presence across high-growth regions (California, Texas, Northeast)
  • Multiple water supply sources reducing vulnerability to single-source disruptions
  • Established infrastructure and long-term customer relationships across 404,000+ connections
  • Essential service nature providing recession-resistant, stable cash flows
  • Strategic real estate holdings in California and Connecticut with development potential

Bear Case

1 risk

  • Low volatility (beta 0.3).

Growth

Stable outlook

Population growth in California and Texas driving increased water demand

Value

Fairly valued vs Water Utilities peers

Momentum

Stable

+2.6% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

2.83% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 27, 2026

Q2 26 RECAP

APR 28, 2026

Reported EPS of $0.50 vs $0.48 consensus (+4.2% surprise). Revenue of $183.3M vs $180.5M expected (+1.6%). Beat on both top and bottom lines.

EPS beat +4.2%
Rev beat +1.6%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+4.2%

Next: Apr 27, 2026

Revenue trend · last 8Q

+15%

+12%

+13%

+7%

-2%

+9%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$176.2M

$225.1M

$197.8M

$167.6M

$198.3M

$240.6M

$194.2M

$183.3M

Margins · last 8Q

Gross

Operating

Profit

10.4%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

$62.00

-0.7% vs $62.42

Low $60.00
Median $62.00
High $64.00

Latest: Wells Fargo · $60.00 · May 11, 2026

2 analysts covering

vs Industry

How HTO stacks vs Regulated Water

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.