Q1 Earnings Forecast for WTTR Issued By Northland Securities

Select Water Solutions, Inc. (NYSE:WTTR) – Research analysts at Northland Securities issued their Q1 2026 earnings per share estimates for shares of Select Water Solutions in a note issued to investors on Thursday, February 19th. Northland Securities analyst B. Brooks forecasts that the company will post earnings per share of $0.01 for the quarter. Northland Securities currently has a “Outperform” rating and a $18.00 target price on the stock. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.91 per share. Northland Securities also issued estimates for Select Water Solutions’ Q4 2026 earnings at $0.11 EPS, Q1 2027 earnings at $0.15 EPS, Q2 2027 earnings at $0.13 EPS, Q3 2027 earnings at $0.16 EPS, Q4 2027 earnings at $0.18 EPS and FY2027 earnings at $0.61 EPS.

Several other research analysts have also issued reports on the stock. Raymond James Financial reiterated a “strong-buy” rating and issued a $16.00 target price on shares of Select Water Solutions in a research report on Wednesday, November 5th. Wall Street Zen upgraded Select Water Solutions from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Select Water Solutions in a research report on Friday, January 9th. Finally, Piper Sandler set a $14.00 target price on Select Water Solutions in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $15.50.

Select Water Solutions Price Performance

Shares of NYSE:WTTR opened at $12.75 on Friday. The company’s fifty day moving average price is $11.73 and its 200-day moving average price is $10.60. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 60.69 and a beta of 1.03. Select Water Solutions has a one year low of $7.20 and a one year high of $15.45. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.57 and a quick ratio of 1.48.

Select Water Solutions (NYSE:WTTR) last announced its earnings results on Tuesday, February 17th. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.21). Select Water Solutions had a net margin of 1.51% and a return on equity of 2.30%. The company had revenue of $346.50 million during the quarter, compared to analysts’ expectations of $320.85 million. During the same period in the prior year, the business earned ($0.02) earnings per share. The company’s revenue for the quarter was down .7% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in WTTR. Deprince Race & Zollo Inc. boosted its position in Select Water Solutions by 1,334.5% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 3,783,865 shares of the company’s stock valued at $40,450,000 after buying an additional 3,520,091 shares during the period. Franklin Resources Inc. raised its stake in shares of Select Water Solutions by 56.4% during the fourth quarter. Franklin Resources Inc. now owns 7,726,049 shares of the company’s stock valued at $81,278,000 after acquiring an additional 2,786,172 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in shares of Select Water Solutions by 2,133.9% during the third quarter. Alliancebernstein L.P. now owns 2,131,277 shares of the company’s stock worth $22,783,000 after purchasing an additional 2,035,870 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Select Water Solutions by 124.2% in the third quarter. Russell Investments Group Ltd. now owns 1,801,488 shares of the company’s stock worth $19,258,000 after purchasing an additional 997,847 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of Select Water Solutions by 466.8% in the first quarter. Millennium Management LLC now owns 974,821 shares of the company’s stock worth $10,236,000 after purchasing an additional 802,833 shares during the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Select Water Solutions news, CEO John Schmitz sold 211,118 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $11.15, for a total value of $2,353,965.70. Following the completion of the sale, the chief executive officer owned 32,687 shares in the company, valued at approximately $364,460.05. The trade was a 86.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 332,250 shares of company stock valued at $3,803,896. 8.40% of the stock is owned by insiders.

Select Water Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 18th. Investors of record on Friday, February 6th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, February 6th. Select Water Solutions’s dividend payout ratio (DPR) is presently 147.37%.

Key Stories Impacting Select Water Solutions

Here are the key news stories impacting Select Water Solutions this week:

• Positive Sentiment: Northland Securities upgraded WTTR to an “Outperform” and set an $18 price target (~41% upside from current levels); Northland also raised some near‑term EPS forecasts, which supports a constructive medium‑term outlook. Northland Upgrade
• Neutral Sentiment: Q4 results showed revenue beat ($346.5M vs. $320.9M est.), signaling solid topline performance, but EPS missed consensus (reported ($0.20) vs. $0.01 est.), leaving near‑term profitability questions unresolved. Q4 Earnings Transcript
• Neutral Sentiment: Earnings call transcripts and highlights are available for deeper read; management commentary may clarify margin drivers and capital allocation priorities. Earnings Call Transcript
• Negative Sentiment: The company announced an underwritten public offering of $175.0M and then priced 13,725,491 shares at $12.75 each — a material equity issuance at a discounted price that will dilute existing shareholders and increase share supply. Management said proceeds will fund growth projects, potential M&A or debt repayment. Offering Priced (PR Newswire)
• Negative Sentiment: Market reaction: WTTR shares slid after news of the discounted offering, with unusually high trading volume — investors are selling into dilution despite the positive analyst take. Stock Slides After Offering (MSN)

Select Water Solutions Company Profile

Select Water Solutions, Inc, headquartered in Houston, Texas, is a water management services provider primarily serving the oil and gas industry. Formerly operating under the name Select Energy Services, the company rebranded to reflect its core focus on water treatment, recycling and disposal. Since its inception in 2016, Select Water Solutions has expanded to key U.S. basins—including the Permian, Eagle Ford, Marcellus and DJ Basin—and maintains strategic operations in select international regions.

The company’s offerings span the full water lifecycle, from produced water gathering and transportation to advanced treatment and beneficial reuse.