Connecticut Water Service Company Profile (NASDAQ:CTWS)

About Connecticut Water Service

Connecticut Water Service logoConnecticut Water Service, Inc. is a non-operating holding company. The Company's income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc. (NEWUS) and Chester Realty Company (Chester Realty). It operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Operations segment consists of its regulated water activities to supply public drinking water to customers. The Real Estate Transactions segment involves the sale or donation for income tax benefits of its real estate holdings. The Services and Rentals segment provides contracted services to water and wastewater utilities and other clients, and also leases certain of the Company's properties to third parties through unregulated companies in the State of Connecticut and through Maine Water in the State of Maine.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Water Utilities
  • Sub-Industry: Water Utilities
  • Exchange: NASDAQ
  • Symbol: CTWS
  • CUSIP: 20779710
Key Metrics:
  • Previous Close: $50.75
  • 50 Day Moving Average: $48.92
  • 200 Day Moving Average: $48.91
  • 52-Week Range: $34.15 - $56.62
  • Trailing P/E Ratio: 23.50
  • Foreward P/E Ratio: 22.76
  • P/E Growth: 4.06
  • Market Cap: $569.97M
  • Outstanding Shares: 11,231,000
  • Beta: 0.24
Profitability:
  • Net Margins: 23.55%
  • Return on Equity: 10.65%
  • Return on Assets: 3.32%
Debt:
  • Debt-to-Equity Ratio: 0.87%
  • Current Ratio: 1.02%
  • Quick Ratio: 0.96%
Additional Links:
Companies Related to Connecticut Water Service:

Analyst Ratings

Consensus Ratings for Connecticut Water Service (NASDAQ:CTWS) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $52.00 (2.46% upside)

Analysts' Ratings History for Connecticut Water Service (NASDAQ:CTWS)
Show:
DateFirmActionRatingPrice TargetDetails
9/6/2016Barclays PLCInitiated CoverageEqual Weight$52.00View Rating Details
4/19/2016Hilliard LyonsDowngradeBuy -> NeutralView Rating Details
2/1/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
11/13/2014Boenning ScattergoodBoost Price TargetOutperform$37.00 -> $42.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Connecticut Water Service (NASDAQ:CTWS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/4/2016        
8/9/2016Q2$0.72$0.90$27.20 million$26.06 millionViewN/AView Earnings Details
5/9/2016Q1$0.32$0.28ViewN/AView Earnings Details
3/14/2016Q4$0.22$0.17ViewN/AView Earnings Details
11/6/2015Q315$0.80$0.79$28.70 million$30.50 millionViewN/AView Earnings Details
8/7/2015Q414$0.69$0.77$25.46 million$26.62 millionViewN/AView Earnings Details
3/16/2015$0.21$0.22ViewN/AView Earnings Details
11/25/2014$0.78$0.76ViewN/AView Earnings Details
11/7/2014Q314$0.77$0.76$27.60 million$29.40 millionViewN/AView Earnings Details
8/11/2014$0.79$0.67$27.62 million$27.30 millionViewN/AView Earnings Details
5/8/2014Q114$0.28$0.27$20.83 million$22.00 millionViewN/AView Earnings Details
3/17/2014$0.25$0.17ViewN/AView Earnings Details
11/11/2013Q313$0.69$0.86$26.65 million$29.57 millionViewN/AView Earnings Details
8/12/2013Q2 2013$0.36$0.36$22.71 million$22.90 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.23$0.24$20.20 million$19.73 millionViewN/AView Earnings Details
3/18/2013Q4 2012$0.17$0.16$18.56 million$19.50 millionViewN/AView Earnings Details
11/9/2012Q312$0.54$0.69$28.58 million$26.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Connecticut Water Service (NASDAQ:CTWS)
Current Year EPS Consensus Estimate: $2.1 EPS
Next Year EPS Consensus Estimate: $2.23 EPS

Dividends

Current Dividend Information for Connecticut Water Service (NASDAQ:CTWS)
Annual Dividend:$1.13
Dividend Yield:2.23%
Dividend Growth:3.00% (3 Year Average)
Payout Ratio:52.31% (Based on Trailing 12 Months of Earnings)
53.81% (Based on Current Year Consensus EPS Estimate)
50.67% (Based on Next Year Consensus EPS Estimate)
Track Record:46 Years of Consecutive Dividend Growth

Dividend History for Connecticut Water Service (NASDAQ:CTWS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/26/2016quarterly$0.282.29%8/30/20169/1/20169/15/2016
5/16/2016quarterly$0.282.31%5/27/20166/1/20166/15/2016
1/25/2016quarterly$0.272.67%2/26/20163/1/20163/15/2016
11/20/2015quarterly$0.272.97%11/27/201512/1/201512/15/2015
8/21/2015quarterly$0.273.09%8/28/20159/1/20159/15/2015
5/11/2015quarterly$0.262.97%5/28/20156/1/20156/15/2015
1/26/2015quarterly$0.262.77%2/26/20153/2/20153/16/2015
11/14/2014quarterly$0.262.85%11/26/201412/1/201412/15/2014
8/15/2014quarterly$0.263.12%8/28/20149/2/20149/16/2014
5/12/2014quarterly$0.253.02%5/29/20146/2/20146/16/2014
1/27/2014quarterly$0.252.9%2/27/20143/3/20143/17/2014
11/15/2013quarterly$0.252.95%11/27/201312/2/201312/16/2013
8/15/2013quarterly$0.253.23%8/28/20139/2/20139/16/2013
5/10/2013quarterly$0.243.37%5/30/20136/3/20136/17/2013
1/25/2013quarterly$0.243.28%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Connecticut Water Service (NASDAQ:CTWS)
Insider Ownership Percentage: 2.58%
Institutional Ownership Percentage: 44.51%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2012A Kristen JohnsonVPBuy1,000$29.25$29,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Connecticut Water Service (NASDAQ:CTWS)
DateHeadline
4-traders.com logoCONNECTICUT WATER SERVICE INC / CT : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:CTWS)
www.4-traders.com - September 17 at 9:14 AM
publicnow.com logoConnecticut Water Scores High in Customer Satisfaction (NASDAQ:CTWS)
www.publicnow.com - September 14 at 8:06 AM
finance.yahoo.com logoCoverage initiated on Connecticut Water by Barclays (NASDAQ:CTWS)
finance.yahoo.com - September 6 at 9:26 PM
finance.yahoo.com logoBarclays Initiates Connecticut Water Service At Equal Weight (NASDAQ:CTWS)
finance.yahoo.com - September 6 at 4:22 PM
publicnow.com logoConnecticut Water Offers Conservation Tips for Back to School (NASDAQ:CTWS)
www.publicnow.com - August 30 at 4:29 PM
streetinsider.com logoConnecticut Water Service (CTWS) Declares $0.2825 Quarterly Dividend; 2.2% Yield (NASDAQ:CTWS)
www.streetinsider.com - August 26 at 4:38 PM
publicnow.com logoConnecticut Water Service, Inc. Declares Dividends (NASDAQ:CTWS)
www.publicnow.com - August 26 at 4:38 PM
zacks.com logoAmerican States Water (AWR) Gains from Organic Initiatives (NASDAQ:CTWS)
www.zacks.com - August 18 at 9:34 AM
News IconCT Water program encourages water conservation (NASDAQ:CTWS)
www.rep-am.com - August 14 at 4:24 PM
capitalcube.com logoConnecticut Water Service, Inc. :CTWS-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:CTWS)
www.capitalcube.com - August 12 at 4:29 PM
publicnow.com logoWater Drop Challenge Saves 9 Million Gallons of Water at half-way mark (NASDAQ:CTWS)
www.publicnow.com - August 10 at 4:36 PM
News IconConnecticut Water profits see double-digit rise (NASDAQ:CTWS)
www.nhregister.com - August 10 at 8:12 AM
zacks.com logoConnecticut Water (CTWS) Tops Q2 Earnings, Revenues Fall (NASDAQ:CTWS)
www.zacks.com - August 10 at 8:12 AM
publicnow.com logoConnecticut Water Service, Inc. Reports Six Month Earnings (NASDAQ:CTWS)
www.publicnow.com - August 9 at 10:12 AM
News IconWater merger put on hold (NASDAQ:CTWS)
rep-am.com - August 6 at 4:52 PM
News IconConnecticut Water Company celebrates 60th anniversary (NASDAQ:CTWS)
www.waterworld.com - July 29 at 9:52 PM
publicnow.com logoConnecticut Water Company Celebrates 60th Anniversary Serving Customers in Connecticut (NASDAQ:CTWS)
www.publicnow.com - July 29 at 9:38 AM
capitalcube.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bearish Manner : CTWS-US : July 27, 2016 (NASDAQ:CTWS)
www.capitalcube.com - July 27 at 8:21 AM
publicnow.com logoConnecticut Water Issues Voluntary Water Conservation Request (NASDAQ:CTWS)
www.publicnow.com - July 26 at 4:18 PM
capitalcube.com logoETF’s with exposure to Connecticut Water Service, Inc. : July 22, 2016 (NASDAQ:CTWS)
www.capitalcube.com - July 22 at 3:03 PM
capitalcube.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bearish Manner : CTWS-US : July 15, 2016 (NASDAQ:CTWS)
www.capitalcube.com - July 15 at 8:29 AM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a M (NASDAQ:CTWS)
biz.yahoo.com - July 13 at 10:33 AM
finance.yahoo.com logoConnecticut Water Files for Regulatory Approval to Acquire The Heritage Village Water Company (NASDAQ:CTWS)
finance.yahoo.com - July 8 at 4:20 PM
finance.yahoo.com logoSABESP Shows Growth Potential on Vast Clientele & Demand (NASDAQ:CTWS)
finance.yahoo.com - June 21 at 8:15 AM
finance.yahoo.com logoConnecticut Water Service, Inc. to Present at the East Coast IDEAS Investor Conference on June 28th in Boston (NASDAQ:CTWS)
finance.yahoo.com - June 14 at 9:15 AM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Dire (NASDAQ:CTWS)
biz.yahoo.com - June 2 at 12:35 PM
4-traders.com logoConnecticut Water Service : to Present at BetterInvesting National Convention (NASDAQ:CTWS)
www.4-traders.com - May 20 at 12:18 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:CTWS)
biz.yahoo.com - May 19 at 10:45 AM
finance.yahoo.com logoConnecticut Water Service, Inc. to Present at BetterInvesting National Convention (NASDAQ:CTWS)
finance.yahoo.com - May 18 at 1:45 PM
finance.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Financials (NASDAQ:CTWS)
finance.yahoo.com - May 18 at 1:04 PM
capitalcube.com logoConnecticut Water Service, Inc. :CTWS-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:CTWS)
www.capitalcube.com - May 18 at 11:36 AM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Eve (NASDAQ:CTWS)
biz.yahoo.com - May 16 at 2:42 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Elects Directors (NASDAQ:CTWS)
finance.yahoo.com - May 16 at 10:38 AM
finance.yahoo.com logoConnecticut Water (CTWS) Ups Quarterly Dividend by 5.6% (NASDAQ:CTWS)
finance.yahoo.com - May 16 at 9:09 AM
seekingalpha.com logo7 Dividend Increases: May 9-13, 2016 (NASDAQ:CTWS)
seekingalpha.com - May 15 at 6:22 AM
reuters.com logoBRIEF-Connecticut Water Service increases cash dividend on common shares by 5.6 pct (NASDAQ:CTWS)
www.reuters.com - May 14 at 8:16 PM
4-traders.com logoConnecticut Water Service : Increases Cash Dividend on Common Shares by nearly 6% (NASDAQ:CTWS)
www.4-traders.com - May 14 at 8:16 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Other Events (NASDAQ:CTWS)
biz.yahoo.com - May 13 at 2:21 PM
finance.yahoo.com logo1:50 pm Connecticut Water increases quarterly dividend to $0.2825/share from $0.2625/share (NASDAQ:CTWS)
finance.yahoo.com - May 13 at 1:50 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Increases Cash Dividend on Common Shares by nearly 6% (NASDAQ:CTWS)
finance.yahoo.com - May 13 at 1:50 PM
News IconHeritage Village Water Co. to be sold (NASDAQ:CTWS)
www.rep-am.com - May 12 at 6:38 AM
News IconHeritage Village Water Company joining Connecticut Water (NASDAQ:CTWS)
westfaironline.com - May 12 at 6:38 AM
finance.yahoo.com logoHeritage Village Water Company to join Connecticut Water (NASDAQ:CTWS)
finance.yahoo.com - May 10 at 12:12 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Fina (NASDAQ:CTWS)
biz.yahoo.com - May 10 at 12:11 PM
News IconConnecticut Water earnings rise in first quarter (NASDAQ:CTWS)
www.registercitizen.com - May 10 at 6:20 AM
feeds.reuters.com logoBRIEF-Connecticut Water Service posts Q1 earnings per average common share of $0.28 (NASDAQ:CTWS)
feeds.reuters.com - May 9 at 11:23 AM
sg.finance.yahoo.com logoConnecticut Water Service posts 1Q profit (NASDAQ:CTWS)
sg.finance.yahoo.com - May 9 at 11:05 AM
finance.yahoo.com logoConnecticut Water Service, Inc. Reports First Quarter Earnings (NASDAQ:CTWS)
finance.yahoo.com - May 9 at 11:00 AM
4-traders.com logoCONNECTICUT WATER SERVICE INC / CT : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K) (NASDAQ:CTWS)
www.4-traders.com - April 29 at 6:37 AM
News IconCT Water Service names controller, chief accounting officer (NASDAQ:CTWS)
www.hartfordbusiness.com - April 23 at 6:26 AM

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Connecticut Water Service (NASDAQ:CTWS) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff