Consolidated Water (CWCO) Expected to Release Earnings on Monday

Key Points

• Consolidated Water is set to release its Q2 2025 earnings results on August 11, 2023, with analysts predicting earnings of $0.20 per share and revenue of $32.75 million.
• The company recently increased its quarterly dividend from $0.11 to $0.14, reflecting a dividend yield of 1.9% and a payout ratio of 34.57%.
• After outperforming previous earnings expectations, analysts forecast a future EPS of $1 for the current and next fiscal years.

Consolidated Water (NASDAQ:CWCO - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Monday, August 11th. Analysts expect Consolidated Water to post earnings of $0.20 per share and revenue of $32.75 million for the quarter.

Consolidated Water (NASDAQ:CWCO - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.09. Consolidated Water had a return on equity of 7.43% and a net margin of 20.75%. The business had revenue of $33.72 million during the quarter, compared to the consensus estimate of $32.30 million. On average, analysts expect Consolidated Water to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Consolidated Water Stock Up 0.7%

Shares of CWCO traded up $0.20 during midday trading on Thursday, reaching $29.03. 30,843 shares of the stock were exchanged, compared to its average volume of 125,289. The company has a market cap of $462.08 million, a P/E ratio of 17.93 and a beta of 0.53. The stock's 50 day simple moving average is $29.26 and its 200 day simple moving average is $26.93. Consolidated Water has a twelve month low of $22.69 and a twelve month high of $31.30.

Consolidated Water Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 1st were given a $0.14 dividend. This is an increase from Consolidated Water's previous quarterly dividend of $0.11. The ex-dividend date was Tuesday, July 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.9%. Consolidated Water's dividend payout ratio is presently 34.57%.

Hedge Funds Weigh In On Consolidated Water

A number of hedge funds and other institutional investors have recently modified their holdings of CWCO. Strs Ohio bought a new position in shares of Consolidated Water in the first quarter worth approximately $130,000. Jane Street Group LLC bought a new position in shares of Consolidated Water during the first quarter valued at $230,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Consolidated Water by 6.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,418 shares of the utilities provider's stock valued at $304,000 after purchasing an additional 798 shares during the last quarter. AQR Capital Management LLC raised its holdings in Consolidated Water by 41.7% in the first quarter. AQR Capital Management LLC now owns 46,480 shares of the utilities provider's stock worth $1,138,000 after buying an additional 13,686 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Consolidated Water by 8.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 171,037 shares of the utilities provider's stock valued at $4,189,000 after purchasing an additional 13,061 shares during the last quarter. 55.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Consolidated Water from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.

About Consolidated Water

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.