H2O America (HTO)
NASDAQUtilitiesRegulated WaterSnapshot 2026-11-04
$62.65+3.31%
Close 2026-11-04 · 1-day change
NASDAQUtilitiesRegulated WaterSnapshot 2026-11-04
QuarterlyIQ Insights · HTO
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 12.1% |
| Our one-year growth estimate | diamond | 7.5% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 4.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 5 industry peers · Company calendar date is not available
HTO — earnings miss
Dated 2026-10-26
of Form 8-K by reference . The information in Item 2.02, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, nor shall it be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Why it matters: HTO says the new assets will first weigh on EPS. New rates could help recover their approved rate base.
Supportive ifHTO files the combined Texas general rate case in the first half of 2027, as planned.
Worry ifHTO does not file in the first half of 2027, or the filing does not seek rates based on the acquired assets’ rate bases.
Why it matters: HTO cut its 2026 capital plan from $483 million to about $465 million. It still plans $2.7 billion over 2026-30.
Watch forCompany-funded infrastructure spending reaches about $465 million for the full year. HTO keeps its $2.7 billion 2026-30 plan.
Also watch forFull-year spending falls well below $465 million, or HTO cuts its $2.7 billion 2026-30 plan.
Why it matters: Quadvest closed on October 1. More active connections and a growing build-out list would support HTO’s Texas growth plan.
Supportive ifA report shows Quadvest active connections rising year over year. Its list of projects under contract or in development stays above 98,000.
Worry ifA report shows active connections falling from a year ago, or the project list falling below 98,000.
Why it matters: Approval would let San Jose Water build a system to remove PFAS and seek recovery of its costs through rates.
Supportive ifThe California regulator approves the Williams Station PFAS project. It lets HTO track costs for rate recovery.
Worry ifThe regulator denies the project or bars HTO from tracking its costs for rate recovery.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$76 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $237 loss on $10,000 · 2.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,460 loss on $10,000 · 14.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.