Zacks Research Has Pessimistic View of CWCO FY2025 Earnings

Consolidated Water Co. Ltd. (NASDAQ:CWCO - Free Report) - Stock analysts at Zacks Research decreased their FY2025 earnings estimates for Consolidated Water in a report released on Tuesday, June 10th. Zacks Research analyst R. Department now forecasts that the utilities provider will earn $0.89 per share for the year, down from their prior estimate of $0.91. The consensus estimate for Consolidated Water's current full-year earnings is $1.27 per share.

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 for the quarter, beating the consensus estimate of $0.22 by $0.09. The firm had revenue of $33.72 million for the quarter, compared to analysts' expectations of $32.30 million. Consolidated Water had a net margin of 23.06% and a return on equity of 12.98%.

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

Consolidated Water Stock Down 0.2%

NASDAQ CWCO traded down $0.06 on Friday, reaching $28.18. The stock had a trading volume of 104,346 shares, compared to its average volume of 109,329. Consolidated Water has a 12-month low of $22.69 and a 12-month high of $29.88. The stock has a fifty day moving average price of $25.19 and a two-hundred day moving average price of $25.89. The firm has a market capitalization of $448.54 million, a price-to-earnings ratio of 17.40, a P/E/G ratio of 2.44 and a beta of 0.45.

Consolidated Water Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 1st will be given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, July 1st. This is a boost from Consolidated Water's previous quarterly dividend of $0.11. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.99%. Consolidated Water's dividend payout ratio is 34.57%.

Institutional Trading of Consolidated Water

Large investors have recently bought and sold shares of the business. Martingale Asset Management L P grew its stake in shares of Consolidated Water by 1.7% during the 1st quarter. Martingale Asset Management L P now owns 25,798 shares of the utilities provider's stock worth $632,000 after purchasing an additional 440 shares during the period. Franklin Resources Inc. raised its holdings in Consolidated Water by 1.6% in the 4th quarter. Franklin Resources Inc. now owns 30,327 shares of the utilities provider's stock valued at $785,000 after acquiring an additional 467 shares during the last quarter. Journey Strategic Wealth LLC grew its position in shares of Consolidated Water by 7.0% in the first quarter. Journey Strategic Wealth LLC now owns 9,776 shares of the utilities provider's stock valued at $239,000 after purchasing an additional 638 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Consolidated Water by 7.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,620 shares of the utilities provider's stock valued at $301,000 after buying an additional 764 shares during the period. Finally, Russell Investments Group Ltd. grew its holdings in Consolidated Water by 13.0% in the fourth quarter. Russell Investments Group Ltd. now owns 6,905 shares of the utilities provider's stock valued at $179,000 after purchasing an additional 794 shares during the period. Institutional investors and hedge funds own 55.16% of the company's stock.

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.