Select Water Solutions, Inc. Expected to Post Q1 2025 Earnings of $0.21 Per Share (NYSE:WTTR)

Select Water Solutions, Inc. (NYSE:WTTR) – Research analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of Select Water Solutions in a report released on Tuesday, April 30th. Seaport Res Ptn analyst T. Curran forecasts that the company will post earnings per share of $0.21 for the quarter. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.70 per share. Seaport Res Ptn also issued estimates for Select Water Solutions’ Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.29 EPS and Q4 2025 earnings at $0.28 EPS.

Separately, Northland Securities initiated coverage on Select Water Solutions in a research note on Monday, April 22nd. They set a “market perform” rating and a $11.50 target price for the company.

Select Water Solutions Stock Up 1.3 %

Shares of NYSE:WTTR opened at $9.17 on Thursday. The company has a 50 day moving average of $9.04 and a two-hundred day moving average of $8.03. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 14.10 and a beta of 1.65. Select Water Solutions has a 52-week low of $6.78 and a 52-week high of $9.74.

Select Water Solutions (NYSE:WTTR) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.05). Select Water Solutions had a net margin of 4.28% and a return on equity of 7.48%. The company had revenue of $366.60 million during the quarter, compared to analysts’ expectations of $369.29 million. During the same period last year, the business earned $0.12 earnings per share. The company’s revenue for the quarter was down 12.0% compared to the same quarter last year.

Hedge Funds Weigh In On Select Water Solutions

Several institutional investors have recently modified their holdings of WTTR. SkyView Investment Advisors LLC boosted its stake in Select Water Solutions by 3.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 52,364 shares of the company’s stock valued at $416,000 after purchasing an additional 1,591 shares during the period. Mackenzie Financial Corp grew its holdings in Select Water Solutions by 15.2% in the 4th quarter. Mackenzie Financial Corp now owns 14,931 shares of the company’s stock worth $113,000 after buying an additional 1,973 shares in the last quarter. EagleClaw Capital Managment LLC increased its position in Select Water Solutions by 7.3% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 39,700 shares of the company’s stock valued at $316,000 after acquiring an additional 2,700 shares during the period. Natixis Advisors L.P. raised its stake in Select Water Solutions by 10.6% during the 4th quarter. Natixis Advisors L.P. now owns 29,229 shares of the company’s stock valued at $221,000 after acquiring an additional 2,800 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Select Water Solutions during the 3rd quarter valued at $28,000. Institutional investors own 81.73% of the company’s stock.

Insider Transactions at Select Water Solutions

In related news, CAO Brian Szymanski sold 8,080 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $8.33, for a total transaction of $67,306.40. Following the transaction, the chief accounting officer now directly owns 84,304 shares in the company, valued at $702,252.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Brian Szymanski sold 8,080 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $8.33, for a total transaction of $67,306.40. Following the sale, the chief accounting officer now owns 84,304 shares in the company, valued at $702,252.32. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Christopher Kile George sold 23,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $8.63, for a total value of $198,490.00. Following the transaction, the senior vice president now owns 255,587 shares of the company’s stock, valued at approximately $2,205,715.81. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,511 shares of company stock worth $398,053. 8.40% of the stock is currently owned by corporate insiders.

Select Water Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, May 3rd will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Thursday, May 2nd. Select Water Solutions’s dividend payout ratio is presently 36.92%.

About Select Water Solutions

Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.