Connecticut Water Service Company Profile (NASDAQ:CTWS)

About Connecticut Water Service (NASDAQ:CTWS)

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),The Avon Water Company (AWC) and Chester Realty Company (Chester Realty). It operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Activities 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. 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 Supply & Irrigation Systems
  • Sub-Industry: Water Utilities
  • Symbol: NASDAQ:CTWS
  • CUSIP: 20779710
  • Web: www.ctwater.com
Capitalization:
  • Market Cap: $659.34 million
  • Outstanding Shares: 11,575,000
Average Prices:
  • 50 Day Moving Avg: $55.62
  • 200 Day Moving Avg: $55.10
  • 52 Week Range: $48.00 - $62.15
P/E:
  • Trailing P/E Ratio: 28.50
  • Foreward P/E Ratio: 25.02
  • P/E Growth: 4.30
Sales & Book Value:
  • Annual Revenue: $101.43 million
  • Price / Sales: 6.51
  • Book Value: $22.47 per share
  • Price / Book: 2.54
Dividend:
  • Annual Dividend: $1.19
  • Dividend Yield: 2.1%
Profitability:
  • EBIDTA: $44.36 million
  • Net Margins: 21.37%
  • Return on Equity: 9.21%
  • Return on Assets: 2.80%
Debt:
  • Debt-to-Equity Ratio: 0.79%
  • Current Ratio: 0.53%
  • Quick Ratio: 0.50%
Misc:
  • Average Volume: 32,106 shs.
  • Beta: 0.1
  • Short Ratio: 10.08
 

Frequently Asked Questions for Connecticut Water Service (NASDAQ:CTWS)

What is Connecticut Water Service's stock symbol?

Connecticut Water Service trades on the NASDAQ under the ticker symbol "CTWS."

How often does Connecticut Water Service pay dividends? What is the dividend yield for Connecticut Water Service?

Connecticut Water Service announced a quarterly dividend on Monday, August 14th. Stockholders of record on Friday, September 1st will be given a dividend of $0.298 per share on Friday, September 15th. This represents a $1.19 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Wednesday, August 30th. View Connecticut Water Service's Dividend History.

How were Connecticut Water Service's earnings last quarter?

Connecticut Water Service, Inc. (NASDAQ:CTWS) posted its quarterly earnings results on Tuesday, August, 8th. The company reported $0.73 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.03. The firm earned $29.50 million during the quarter. Connecticut Water Service had a return on equity of 9.21% and a net margin of 21.37%. View Connecticut Water Service's Earnings History.

When will Connecticut Water Service make its next earnings announcement?

Connecticut Water Service is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Connecticut Water Service.

Who are some of Connecticut Water Service's key competitors?

Who are Connecticut Water Service's key executives?

Connecticut Water Service's management team includes the folowing people:

  • Eric W. Thornburg, Chairman of the Board, President, Chief Executive Officer
  • David C. Benoit, Chief Financial Officer, Senior Vice President - Finance, Treasurer
  • Richard Knowlton, President, The Maine Water Company (Maine Water)
  • Kristen A. Johnson, Vice President - Human Resources, Corporate Secretary
  • Craig J. Patla, Vice President - Service Delivery
  • Maureen P. Westbrook, Vice President - Customer and Regulatory Affairs
  • Carol P. Wallace, Lead Independent Director
  • Richard H. Forde, Independent Director
  • Mary Ann Ann Hanley, Independent Director
  • Heather L. Hunt, Independent Director

Who owns Connecticut Water Service stock?

Connecticut Water Service's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.03%), Dimensional Fund Advisors LP (3.68%), Renaissance Technologies LLC (2.12%), State Street Corp (2.08%), Westwood Holdings Group Inc. (1.53%) and Franklin Resources Inc. (1.50%). View Institutional Ownership Trends for Connecticut Water Service.

Who sold Connecticut Water Service stock? Who is selling Connecticut Water Service stock?

Connecticut Water Service's stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Martingale Asset Management L P, State of Wisconsin Investment Board, Chicago Equity Partners LLC, JPMorgan Chase & Co., Clean Yield Group, Aperio Group LLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Connecticut Water Service.

Who bought Connecticut Water Service stock? Who is buying Connecticut Water Service stock?

Connecticut Water Service's stock was bought by a variety of institutional investors in the last quarter, including Cutter & CO Brokerage Inc., First Trust Advisors LP, Westwood Holdings Group Inc., Kennedy Capital Management Inc., Dimensional Fund Advisors LP, Vanguard Group Inc., State Street Corp and ProShare Advisors LLC. View Insider Buying and Selling for Connecticut Water Service.

How do I buy Connecticut Water Service stock?

Shares of Connecticut Water Service can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Connecticut Water Service's stock price today?

One share of Connecticut Water Service stock can currently be purchased for approximately $57.05.


MarketBeat Community Rating for Connecticut Water Service (NASDAQ CTWS)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  95 (Vote Underperform)
Total Votes:  176
MarketBeat's community ratings are surveys of what our community members think about Connecticut Water Service and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Connecticut Water Service (NASDAQ:CTWS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $57.00 (0.09% downside)

Analysts' Ratings History for Connecticut Water Service (NASDAQ:CTWS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/22/2017Barclays PLCBoost Price TargetEqual Weight$53.00 -> $57.00LowView Rating Details
4/19/2016Hilliard LyonsDowngradeBuy -> NeutralN/AView Rating Details
2/1/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Connecticut Water Service (NASDAQ:CTWS)
Earnings by Quarter for Connecticut Water Service (NASDAQ:CTWS)
Earnings History by Quarter for Connecticut Water Service (NASDAQ CTWS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.93N/AView Earnings Details
8/8/2017Q2 2017$0.76$0.73$29.50 millionViewN/AView Earnings Details
5/8/2017Q1 2017$0.37$0.36$24.21 millionViewN/AView Earnings Details
3/13/2017Q4 2016$0.11$0.07$21.58 millionViewN/AView Earnings Details
11/8/2016Q3 2016$0.85$0.84$30.50 million$31.20 millionViewN/AView Earnings Details
8/9/2016Q2$0.72$0.89$27.20 million$26.06 millionViewN/AView Earnings Details
5/9/2016Q1$0.32$0.28$23.09 millionViewN/AView Earnings Details
3/14/2016Q4$0.22$0.20$23.38 million$20.94 millionViewN/AView Earnings Details
11/6/2015Q315$0.85$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
11/25/2014$0.78$0.76ViewN/AView Earnings Details
11/7/2014Q314$0.78$0.76$27.60 million$29.40 millionViewN/AView Earnings Details
8/11/2014Q2 2014$0.52$0.67$27.62 million$27.30 millionViewN/AView Earnings Details
5/8/2014Q114$0.27$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: $2.21 EPS
Next Year EPS Consensus Estimate: $2.28 EPS

Dividends

Current Dividend Information for Connecticut Water Service (NASDAQ:CTWS)
Most Recent Dividend:9/15/2017
Annual Dividend:$1.19
Dividend Yield:2.09%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:59.50% (Trailing 12 Months of Earnings)
53.85% (Based on This Year's Estimates)
52.19% (Based on Next Year's Estimates)
Track Record:47 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Connecticut Water Service (NASDAQ:CTWS)

Dividend History by Quarter for Connecticut Water Service (NASDAQ CTWS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/14/2017Quarterly$0.302.11%8/30/20179/1/20179/15/2017
5/12/2017quarterly$0.302.25%5/30/20176/1/20176/15/2017
1/24/2017quarterly$0.282.06%2/27/20173/1/20173/15/2017
11/11/2016quarterly$0.282.13%11/29/201612/1/201612/15/2016
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 and Institutional Ownership History for Connecticut Water Service (NASDAQ:CTWS)
Insider Ownership Percentage: 2.52%
Institutional Ownership Percentage: 46.75%
Insider Trades by Quarter for Connecticut Water Service (NASDAQ:CTWS)
Institutional Ownership by Quarter for Connecticut Water Service (NASDAQ:CTWS)
Insider Trades by Quarter for Connecticut Water Service (NASDAQ:CTWS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2017Maureen P WestbrookVPSell1,500$55.94$83,910.00View SEC Filing  
12/12/2012A Kristen JohnsonVPBuy1,000$29.25$29,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Connecticut Water Service (NASDAQ:CTWS)
Latest Headlines for Connecticut Water Service (NASDAQ:CTWS)
Source:
DateHeadline
finance.yahoo.com logoConnecticut Water Service, Inc. :CTWS-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 21 at 5:39 PM
americanbankingnews.com logoReviewing Connecticut Water Service (CTWS) and Middlesex Water (MSEX)
www.americanbankingnews.com - September 12 at 6:08 AM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bullish Manner : CTWS-US : September 11, 2017
finance.yahoo.com - September 11 at 6:16 PM
americanbankingnews.com logoCritical Analysis: Artesian Resources Corporation (ARTNA) versus Connecticut Water Service (CTWS)
www.americanbankingnews.com - September 10 at 4:08 PM
americanbankingnews.com logoZacks: Connecticut Water Service, Inc. (CTWS) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - September 8 at 2:42 PM
finance.yahoo.com logoConnecticut Water Service, Inc. to Participate in Panel Discussion and Exhibit at the MoneyShow Toronto
finance.yahoo.com - September 7 at 5:40 PM
americanbankingnews.com logoBidaskClub Lowers Connecticut Water Service, Inc. (CTWS) to Sell
www.americanbankingnews.com - August 25 at 10:26 PM
americanbankingnews.com logo Connecticut Water Service, Inc. (CTWS) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 23 at 3:28 AM
americanbankingnews.com logoConnecticut Water Service, Inc. (CTWS) VP Sells $83,910.00 in Stock
www.americanbankingnews.com - August 18 at 10:34 AM
americanbankingnews.com logo Connecticut Water Service, Inc. (CTWS) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 18 at 12:22 AM
finance.yahoo.com logoShould You Add Connecticut Water (CTWS) to Your Portfolio ?
finance.yahoo.com - August 17 at 6:55 PM
streetinsider.com logoConnecticut Water Service (CTWS) Declares $0.2975 Quarterly Dividend; 2.1% Yield
www.streetinsider.com - August 16 at 11:04 PM
finance.yahoo.com logoConnecticut Water Service, Inc. – Value Analysis (NASDAQ:CTWS) : August 17, 2017
finance.yahoo.com - August 16 at 11:04 PM
americanbankingnews.com logoConnecticut Water Service, Inc. (CTWS) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 16 at 3:48 PM
americanbankingnews.com logoConnecticut Water Service, Inc. (CTWS) Expected to Post Earnings of $0.88 Per Share
www.americanbankingnews.com - August 16 at 8:24 AM
finance.yahoo.com logoConnecticut Water Service, Inc. Issues 2016 Corporate Sustainability Report
finance.yahoo.com - August 15 at 6:19 PM
americanbankingnews.com logoConnecticut Water Service, Inc. Declares Quarterly Dividend of $0.30 (NASDAQ:CTWS)
www.americanbankingnews.com - August 15 at 9:03 AM
americanbankingnews.com logoZacks: Connecticut Water Service, Inc. (NASDAQ:CTWS) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 14 at 10:10 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Declares Dividends
finance.yahoo.com - August 14 at 5:59 PM
seekingalpha.com logoConnecticut Water Service declares $0.2975 dividend
seekingalpha.com - August 14 at 1:02 PM
americanbankingnews.com logo Connecticut Water Service Inc (CTWS) Receives Average Rating of "" from Analysts
www.americanbankingnews.com - August 11 at 4:46 PM
americanbankingnews.com logoConnecticut Water Service, Inc. (CTWS) Announces Quarterly Earnings Results
www.americanbankingnews.com - August 9 at 10:04 PM
finance.yahoo.com logoConnecticut Water (CTWS) Q2 Earnings Top, Sales Rise Y/Y
finance.yahoo.com - August 9 at 5:50 PM
finance.yahoo.com logoConnecticut Water (CTWS) Q2 Earnings Top, Sales Rise Y/Y
finance.yahoo.com - August 9 at 5:50 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Reports Second Quarter and Six Month Earnings
finance.yahoo.com - August 8 at 5:21 PM
finance.yahoo.com logoConnecticut Water Service posts 2Q profit
finance.yahoo.com - August 8 at 5:21 PM
americanbankingnews.com logoCritical Survey: The York Water (YORW) versus Connecticut Water Service (NASDAQ:CTWS)
www.americanbankingnews.com - August 7 at 10:08 PM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bearish Manner : CTWS-US : August 3, 2017
finance.yahoo.com - August 3 at 7:04 PM
americanbankingnews.com logoReviewing Consolidated Water Co. (CWCO) and Connecticut Water Service (CTWS)
www.americanbankingnews.com - August 2 at 12:28 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Connecticut Water Service, Inc. (NASDAQ:CTWS) Will Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - July 29 at 7:28 AM
americanbankingnews.com logoZacks: Connecticut Water Service, Inc. (NASDAQ:CTWS) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 27 at 11:21 AM
americanbankingnews.com logoFinancial Review: American Water Works (AWK) and Connecticut Water Service (NASDAQ:CTWS)
www.americanbankingnews.com - July 22 at 7:12 PM
americanbankingnews.com logoAnalysts Anticipate Connecticut Water Service, Inc. (CTWS) to Post $0.68 EPS
www.americanbankingnews.com - July 12 at 8:33 AM
americanbankingnews.com logoConnecticut Water Service, Inc. (NASDAQ:CTWS) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 11 at 8:28 PM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bullish Manner : CTWS-US : July 10, 2017
finance.yahoo.com - July 10 at 5:35 PM
americanbankingnews.com logoContrasting Connecticut Water Service (NASDAQ:CTWS) & American Water Works (AWK)
www.americanbankingnews.com - July 9 at 2:14 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Completes Acquisition of The Avon Water Company
finance.yahoo.com - July 5 at 6:23 PM
americanbankingnews.com logoConnecticut Water Service, Inc. (NASDAQ:CTWS) Expected to Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - July 5 at 12:22 AM
finance.yahoo.com logoETFs with exposure to Connecticut Water Service, Inc. : July 4, 2017
finance.yahoo.com - July 4 at 11:56 PM
americanbankingnews.com logoConnecticut Water Service (NASDAQ:CTWS) & SJW Corporation (SJW) Critical Analysis
www.americanbankingnews.com - July 2 at 10:28 AM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bearish Manner : CTWS-US : June 29, 2017
finance.yahoo.com - June 29 at 6:50 PM
americanbankingnews.com logo Analysts Set $56.00 Price Target for Connecticut Water Service, Inc. (CTWS)
www.americanbankingnews.com - June 28 at 12:30 AM
finance.yahoo.com logoETFs with exposure to Connecticut Water Service, Inc. : June 22, 2017
finance.yahoo.com - June 22 at 4:58 PM
finance.yahoo.com logoConnecticut Water Service, Inc. :CTWS-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 5:51 PM
americanbankingnews.com logoComparing Connecticut Water Service (CTWS) and California Water Service Group Holding (CWT)
www.americanbankingnews.com - June 20 at 7:26 AM
americanbankingnews.com logo Connecticut Water Service, Inc. (CTWS) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 12 at 9:10 AM
americanbankingnews.com logo Brokerages Expect Connecticut Water Service Inc (CTWS) to Post $0.68 EPS
www.americanbankingnews.com - June 8 at 10:16 PM
finance.yahoo.com logoConnecticut Water’s Senior Vice President and Chief Financial Officer, David C. Benoit, to Speak to Philadelphia Securities Association
finance.yahoo.com - June 7 at 4:33 PM
finance.yahoo.com logoConnecticut Water Service, Inc. : CTWS-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 4:35 PM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bearish Manner : CTWS-US : May 29, 2017
finance.yahoo.com - May 29 at 11:40 AM

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Chart

Connecticut Water Service (CTWS) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff