Roth Capital Has Strong Estimate for CWCO FY2025 Earnings

Key Points

• Roth Capital has raised its FY2025 earnings estimate for Consolidated Water Co. Ltd. to $1.12 per share, up from a previous estimate of $0.97, maintaining a "Buy" rating with a price target of $40.00.
• Consolidated Water reported a quarterly EPS of $0.32, exceeding analyst expectations, along with revenues of $33.59 million, surpassing estimates of $32.75 million.
• The company recently increased its quarterly dividend to $0.14, representing a 1.7% yield, up from the previous $0.11 per share.

Consolidated Water Co. Ltd. (NASDAQ:CWCO - Free Report) - Equities research analysts at Roth Capital raised their FY2025 earnings per share estimates for shares of Consolidated Water in a research note issued to investors on Wednesday, August 13th. Roth Capital analyst G. Sweeney now expects that the utilities provider will post earnings per share of $1.12 for the year, up from their prior estimate of $0.97. Roth Capital has a "Buy" rating and a $40.00 price objective on the stock. The consensus estimate for Consolidated Water's current full-year earnings is $1.27 per share. Roth Capital also issued estimates for Consolidated Water's Q4 2025 earnings at $0.26 EPS.

Consolidated Water (NASDAQ:CWCO - Get Free Report) last released its earnings results on Monday, August 11th. The utilities provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.12. Consolidated Water had a net margin of 12.24% and a return on equity of 7.77%. The business had revenue of $33.59 million for the quarter, compared to analysts' expectations of $32.75 million.

Separately, Wall Street Zen upgraded Consolidated Water from a "hold" rating to a "buy" rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $40.00.

Consolidated Water Stock Down 0.0%

Shares of Consolidated Water stock traded down $0.0060 during trading hours on Thursday, hitting $32.4340. The company's stock had a trading volume of 30,166 shares, compared to its average volume of 126,690. The business has a fifty day moving average of $29.90 and a 200 day moving average of $27.22. Consolidated Water has a 1-year low of $22.69 and a 1-year high of $34.26. The company has a market capitalization of $516.67 million, a PE ratio of 19.79 and a beta of 0.53.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CWCO. New York State Common Retirement Fund boosted its position in shares of Consolidated Water by 0.3% during the second quarter. New York State Common Retirement Fund now owns 142,263 shares of the utilities provider's stock worth $4,271,000 after buying an additional 380 shares during the period. Martingale Asset Management L P raised its stake in shares of Consolidated Water by 1.7% in the 1st quarter. Martingale Asset Management L P now owns 25,798 shares of the utilities provider's stock worth $632,000 after buying an additional 440 shares in the last quarter. Copeland Capital Management LLC lifted its holdings in shares of Consolidated Water by 16.3% in the second quarter. Copeland Capital Management LLC now owns 3,232 shares of the utilities provider's stock valued at $97,000 after buying an additional 454 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Consolidated Water by 1.6% in the fourth quarter. Franklin Resources Inc. now owns 30,327 shares of the utilities provider's stock valued at $785,000 after buying an additional 467 shares during the period. Finally, Byrne Asset Management LLC boosted its stake in Consolidated Water by 35.9% during the second quarter. Byrne Asset Management LLC now owns 2,254 shares of the utilities provider's stock valued at $68,000 after buying an additional 595 shares in the last quarter. Institutional investors and hedge funds own 55.16% of the company's stock.

Consolidated Water Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 1st were paid a dividend of $0.14 per share. The ex-dividend date was Tuesday, July 1st. This is an increase from Consolidated Water's previous quarterly dividend of $0.11. This represents a $0.56 annualized dividend and a yield of 1.7%. Consolidated Water's payout ratio is currently 34.57%.

Consolidated Water Company Profile

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.