California Water Service Group (CWT) Set to Announce Earnings on Wednesday

Key Points

• California Water Service Group is expected to report Q3 2026 results after market close on October 28. Analysts forecast earnings of $1.16 per share on revenue of $332.17 million, with an earnings call scheduled for October 29.
• The company’s previous quarter exceeded expectations, reporting $0.93 EPS versus the $0.80 consensus and $308.6 million in revenue, up 16.5% year over year.
• CWT recently paid a quarterly dividend of $0.335 per share, equal to a 2.9% annualized yield. Analysts maintain a consensus “Hold” rating with a $51.50 price target, while the stock recently traded at $46.44.

California Water Service Group (NYSE:CWT - Get Free Report) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect California Water Service Group to post earnings of $1.16 per share and revenue of $332.17 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

California Water Service Group (NYSE:CWT - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.13. California Water Service Group had a net margin of 12.63% and a return on equity of 7.74%. The business had revenue of $308.60 million for the quarter, compared to analyst estimates of $283.50 million. During the same quarter last year, the business earned $0.71 earnings per share. The business's revenue for the quarter was up 16.5% on a year-over-year basis. On average, analysts expect California Water Service Group to post $2.57 EPS for the current fiscal year and $2.72 EPS for the next fiscal year.

California Water Service Group Stock Up 1.9%

NYSE CWT opened at $46.44 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.70 and a quick ratio of 0.67. The company's 50 day simple moving average is $47.97 and its 200 day simple moving average is $47.24. California Water Service Group has a 12 month low of $41.29 and a 12 month high of $53.82. The company has a market capitalization of $2.87 billion, a P/E ratio of 20.92, a PEG ratio of 1.62 and a beta of 0.48.

California Water Service Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Monday, August 10th were paid a dividend of $0.3350 per share. This represents a $1.34 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, August 10th. California Water Service Group's payout ratio is 60.36%.

Insider Buying and Selling

In other news, Director Lester A. Snow sold 500 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $50.21, for a total transaction of $25,105.00. Following the completion of the transaction, the director directly owned 17,817 shares in the company, valued at $894,591.57. The trade was a 2.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Thomas M. Krummel sold 3,700 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $50.37, for a total transaction of $186,369.00. Following the completion of the sale, the director directly owned 20,104 shares of the company's stock, valued at approximately $1,012,638.48. This trade represents a 15.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.78% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CWT has been the topic of a number of research reports. Freedom Broker started coverage on shares of California Water Service Group in a research note on Wednesday, September 23rd. They issued a "hold" rating and a $49.00 price target on the stock. Weiss Ratings upgraded California Water Service Group from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, August 4th. Seaport Research Partners reissued a "buy" rating and set a $53.00 price objective on shares of California Water Service Group in a research report on Wednesday, August 12th. Finally, Wall Street Zen raised California Water Service Group from a "sell" rating to a "hold" rating in a research report on Saturday, July 18th. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $51.50.

California Water Service Group Company Profile

California Water Service Group NYSE: CWT is a holding company that provides water utility services through its regulated operating subsidiaries. The company supplies clean water for residential, commercial, industrial and institutional customers, and its operations include the production, treatment, storage, distribution and delivery of water. Some of its subsidiaries also provide wastewater collection and treatment services.

The company's principal subsidiary, California Water Service Company, serves communities throughout California.

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