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) 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. 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
  • Symbol: NASDAQ:CTWS
  • CUSIP: 20779710
  • Web: www.ctwater.com
Capitalization:
  • Market Cap: $620.64 million
  • Outstanding Shares: 11,564,000
Average Prices:
  • 50 Day Moving Avg: $53.63
  • 200 Day Moving Avg: $54.21
  • 52 Week Range: $45.13 - $59.26
P/E:
  • Trailing P/E Ratio: 24.88
  • Foreward P/E Ratio: 23.44
  • P/E Growth: 4.80
Sales & Book Value:
  • Annual Revenue: $99.58 million
  • Price / Sales: 6.23
  • Book Value: $21.99 per share
  • Price / Book: 2.44
Dividend:
  • Annual Dividend: $1.13
  • Dividend Yield: 2.3%
Profitability:
  • EBIDTA: $43.18 million
  • Net Margins: 24.15%
  • Return on Equity: 10.82%
  • Return on Assets: 3.36%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 0.88%
  • Quick Ratio: 0.84%
Misc:
  • Average Volume: 28,934 shs.
  • Beta: 0.03
  • Short Ratio: 7.2
 

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 declared a quarterly dividend on Friday, May 12th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.2975 per share on Thursday, June 15th. This represents a $1.19 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Tuesday, May 30th. This is a positive change from Connecticut Water Service's previous quarterly dividend of $0.28. View Connecticut Water Service's Dividend History.

How were Connecticut Water Service's earnings last quarter?

Connecticut Water Service Inc (NASDAQ:CTWS) announced its quarterly earnings data on Monday, May, 8th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by $0.01. The business earned $24.21 million during the quarter. Connecticut Water Service had a return on equity of 10.82% and a net margin of 24.15%. View Connecticut Water Service's Earnings History.

Where is Connecticut Water Service's stock going? Where will Connecticut Water Service's stock price be in 2017?

1 brokerages have issued twelve-month target prices for Connecticut Water Service's shares. Their predictions range from $52.00 to $52.00. On average, they anticipate Connecticut Water Service's share price to reach $52.00 in the next twelve months. View Analyst Ratings for Connecticut Water Service.

What are analysts saying about Connecticut Water Service stock?

Here are some recent quotes from research analysts about Connecticut Water Service stock:

  • 1. According to Zacks Investment Research, "Shares of Connecticut Water Services returned more than the broader industry over the last twelve months. Connecticut Water continues to strengthen its existing infrastructure through regular capital investments, which is a must in the water utility space. In addition, customer expansion in its service territories is boosting demand. Connecticut Water Services is subject to stringent environment regulations, demand variations with weather patterns, risk of failure of water mains and contamination of water sources." (4/7/2017)
  • 2. Barclays PLC analysts commented, "We see potential upside growth from tuck in acquisitions and acceleration of main replacement. We see potential downside risks from regulatory outcomes and customer bill impacts if repair tax accounting does not continue," analyst Daniel Ford wrote in a note.Related Link: FDA Orders Stores To Cleanse Their Shelves Of Ineffective Hand SoapsHowever, the analyst noted a key risk in the form of regulation as about 95 percent of the company's earnings are regulated. The company operates in Connecticut and Maine, with the Connecticut jurisdiction being consolidated and Maine having multiple regulatory jurisdictions. "Both Maine and Connecticut have decoupling in place as well as DSIC like trackers to allow for the contemporaneous return of certain capital investments," (9/6/2016)

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

Who owns Connecticut Water Service stock?

Connecticut Water Service's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.04%), Dimensional Fund Advisors LP (3.58%), Renaissance Technologies LLC (2.15%), Water Asset Management LLC (1.80%), Westwood Holdings Group Inc. (1.15%) and ProShare Advisors LLC (1.09%). 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 Morgan Stanley, Clean Yield Group, Bank of America Corp DE, KBC Group NV, Baird Financial Group Inc., AQR Capital Management LLC, TIAA CREF Investment Management LLC and Credit Suisse AG. 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 Parametric Portfolio Associates LLC, Kennedy Capital Management Inc., Water Asset Management LLC, Vanguard Group Inc., Karp Capital Management Corp, ProShare Advisors LLC, Dimensional Fund Advisors LP and Westwood Holdings Group Inc.. 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.

How much does a share of Connecticut Water Service stock cost?

One share of Connecticut Water Service stock can currently be purchased for approximately $53.67.

Analyst Ratings

Consensus Ratings for Connecticut Water Service (NASDAQ:CTWS) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $52.00 (3.11% downside)

Analysts' Ratings History for Connecticut Water Service (NASDAQ:CTWS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/6/2016Barclays PLCInitiated CoverageEqual Weight$52.00N/AView Rating Details
4/19/2016Hilliard LyonsDowngradeBuy -> NeutralN/AView Rating Details
2/1/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/23/2015 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
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: $2.19 EPS
Next Year EPS Consensus Estimate: $2.29 EPS

Dividends

Current Dividend Information for Connecticut Water Service (NASDAQ:CTWS)
Next Dividend:6/15/2017
Annual Dividend:$1.13
Dividend Yield:2.11%
Dividend Growth:4.40% (3 Year Average)
Payout Ratio:51.13% (Trailing 12 Months of Earnings)
51.60% (Based on This Year's Estimates)
49.34% (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
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: 2.58%
Institutional Ownership Percentage: 46.44%
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
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 logoAre Utilities Safe Bets Amid Rising Interest Rates?
finance.yahoo.com - May 22 at 4:22 PM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bullish Manner : CTWS-US : May 17, 2017
finance.yahoo.com - May 17 at 11:23 AM
americanbankingnews.com logoConnecticut Water Service Inc (CTWS) Expected to Announce Earnings of $0.68 Per Share
www.americanbankingnews.com - May 12 at 8:30 PM
americanbankingnews.com logoConnecticut Water Service Inc (CTWS) Increases Dividend to $0.30 Per Share
www.americanbankingnews.com - May 12 at 5:50 PM
finance.yahoo.com logoConnecticut Water Service (CTWS) Hikes Dividend by 5.3%
finance.yahoo.com - May 12 at 5:05 PM
feeds.benzinga.com logoConnecticut Water Service, Inc. Elects Directors
feeds.benzinga.com - May 12 at 10:03 AM
feeds.benzinga.com logoConnecticut Water Service, Inc. Increases Cash Dividend on Common Shares by more than 5%
feeds.benzinga.com - May 11 at 3:07 PM
americanbankingnews.com logo Analysts Set $52.00 Price Target for Connecticut Water Service Inc (CTWS)
www.americanbankingnews.com - May 11 at 11:00 AM
finance.yahoo.com logoConnecticut Water (CTWS) Q1 Earnings Beat, Sales Rise Y/Y
finance.yahoo.com - May 9 at 4:32 PM
americanbankingnews.com logoConnecticut Water Service Inc (CTWS) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 9 at 1:38 PM
nasdaq.com logoConnecticut Water Service, Inc. Reports 2017 First-Quarter Earnings
www.nasdaq.com - May 8 at 4:25 PM
marketbeat.com logoConnecticut Water Service posts 1Q profit
marketbeat.com - May 8 at 3:06 PM
americanbankingnews.com logoConnecticut Water Service (CTWS) Earns Daily Coverage Optimism Score of -0.39
www.americanbankingnews.com - May 3 at 8:52 AM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bearish Manner : CTWS-US : May 1, 2017
finance.yahoo.com - May 1 at 4:31 PM
americanbankingnews.com logoSomewhat Negative Media Coverage Likely to Affect Connecticut Water Service (CTWS) Share Price
www.americanbankingnews.com - April 30 at 3:47 PM
americanbankingnews.com logoConnecticut Water Service (CTWS) Receiving Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 27 at 6:58 PM
americanbankingnews.com logo Connecticut Water Service Inc (CTWS) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 26 at 8:19 AM
americanbankingnews.com logoConnecticut Water Service (CTWS) Receiving Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 24 at 7:08 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Connecticut Water Service Inc (CTWS) to Announce $0.35 EPS
www.americanbankingnews.com - April 24 at 12:06 PM
zacks.com logoAmerican Water Works (AWK) Ups Quarterly Dividend by 10.7%
www.zacks.com - April 24 at 9:17 AM
finance.yahoo.com logoConnecticut Water Service, Inc. – Value Analysis (NASDAQ:CTWS) : April 20, 2017
finance.yahoo.com - April 20 at 4:43 PM
americanbankingnews.com logoConnecticut Water Service (CTWS) Receives Media Impact Rating of 0.48
www.americanbankingnews.com - April 20 at 2:03 PM
fool.com logoBetter Buy: Aqua America, Inc. vs. Connecticut Water Service
www.fool.com - April 19 at 4:32 PM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bullish Manner : CTWS-US : April 19, 2017
finance.yahoo.com - April 19 at 12:38 PM
americanbankingnews.com logoConnecticut Water Service (CTWS) Earning Somewhat Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 17 at 10:17 PM
americanbankingnews.com logoConnecticut Water Service (CTWS) Given Daily Media Sentiment Score of 0.44
www.americanbankingnews.com - April 14 at 3:45 PM
finance.yahoo.com logoAmerican Water Unit to Invest $65M in Infrastructure Upgrade
finance.yahoo.com - April 13 at 11:45 AM
americanbankingnews.com logoZacks: Analysts Set $52.00 Target Price for Connecticut Water Service Inc (CTWS)
www.americanbankingnews.com - April 11 at 9:41 AM
americanbankingnews.com logoZacks Investment Research Upgrades Connecticut Water Service Inc (CTWS) to "Hold"
www.americanbankingnews.com - April 7 at 7:03 PM
finance.yahoo.com logoConnecticut Water Service, Inc. breached its 50 day moving average in a Bullish Manner : CTWS-US : April 7, 2017
finance.yahoo.com - April 7 at 4:32 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Change in Directors or Principal Officers, Other Events
biz.yahoo.com - April 3 at 5:00 PM
streetinsider.com logoConnecticut Water Service (CTWS) President Maine Water to Retire; Richard Knowlton Named Replacement
www.streetinsider.com - March 30 at 10:02 PM
finance.yahoo.com logoMaine Water president retires, Knowlton named replacement
finance.yahoo.com - March 30 at 5:00 PM
americanbankingnews.com logoConnecticut Water Service Inc (CTWS) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - March 30 at 12:37 PM
americanbankingnews.com logoZacks: Analysts Set $52.00 Price Target for Connecticut Water Service Inc (CTWS)
www.americanbankingnews.com - March 27 at 12:16 PM
americanbankingnews.com logoConnecticut Water Service Inc (CTWS) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 27 at 9:44 AM
fool.com logoBetter Buy: American Water Works vs. Connecticut Water Service
www.fool.com - March 22 at 2:28 PM
americanbankingnews.com logoZacks Investment Research Upgrades Connecticut Water Service Inc (CTWS) to Hold
www.americanbankingnews.com - March 21 at 9:24 PM
finance.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Financials
finance.yahoo.com - March 17 at 4:54 PM
finance.yahoo.com logoConnecticut Water Continues Investing in Drinking Water Infrastructure
finance.yahoo.com - March 16 at 5:56 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 10-K, Annual Report
us.rd.yahoo.com - March 14 at 1:14 PM
finance.yahoo.com logoConnecticut Water (CTWS) Q4 Earnings Miss, Sales Rise Y/Y
finance.yahoo.com - March 14 at 1:14 PM
nasdaq.com logoConnecticut Water Service, Inc. Reports 2016 Earnings
www.nasdaq.com - March 13 at 4:41 PM
americanbankingnews.com logoConnecticut Water Service Inc (CTWS) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - March 10 at 9:36 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Completes Acquisition of Heritage Village Water Company
finance.yahoo.com - February 27 at 5:38 PM
finance.yahoo.com logoConnecticut Water Service, Inc. Declares Dividends and Sets Date for Annual Meeting of Shareholders
finance.yahoo.com - January 23 at 4:55 PM
finance.yahoo.com logoAqua America Issues 2017 Outlook, Customer Base to Grow
finance.yahoo.com - January 18 at 4:54 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Dire
biz.yahoo.com - January 11 at 5:01 PM
biz.yahoo.com logoCONNECTICUT WATER SERVICE INC / CT Files SEC form 8-K, Financial Statements and Exhibits
biz.yahoo.com - December 16 at 5:00 PM
seekingalpha.com logoConnecticut Water Service (CTWS) CEO Eric Thornburg on Second Annual Investor-Analyst Conference Call Results (Transcript)
seekingalpha.com - December 15 at 3:41 AM

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Chart

Connecticut Water Service (CTWS) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff