NASDAQ:CTWS - Connecticut Water Service Stock Price, News, & Analysis

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$68.30 +0.62 (+0.92 %)
(As of 03/21/2019 03:59 AM ET)
Previous Close$67.68
Today's Range$67.29 - $68.39
52-Week Range$58.76 - $70.30
Volume34,900 shs
Average Volume47,713 shs
Market Capitalization$823.70 million
P/E Ratio29.83
Dividend Yield1.85%
Beta-0.02
Connecticut Water Service, Inc., together with its subsidiaries, operates as a regulated water company. The company operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Operations segment supplies public drinking water. The Real Estate Transactions segment is involved in the sale or donation of its real estate holdings. The Services and Rentals segment provides contracted services to water and wastewater utilities, and other clients. Its services include contract operations of water and wastewater facilities; Linebacker, a service line protection plan for public drinking water customers; and providing bulk deliveries of emergency drinking water to businesses and residences through tanker trucks. This segment also leases and rents residential and commercial properties to third parties. As of December 31, 2017, the company supplied water to 135,645 customers in 80 municipalities in Connecticut and Maine, the United States. Connecticut Water Service, Inc. was founded in 1956 and is headquartered in Clinton, Connecticut.

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Industry, Sector and Symbol

Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Current SymbolNASDAQ:CTWS
CUSIP20779710
Phone860-669-8636

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$124.84 million
Cash Flow$4.0631 per share
Book Value$24.41 per share

Profitability

Net Income$16.69 million

Miscellaneous

EmployeesN/A
Market Cap$823.70 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Connecticut Water Service (NASDAQ:CTWS) Frequently Asked Questions

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 Friday, January 18th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.313 per share on Friday, March 15th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Thursday, February 28th. This is an increase from Connecticut Water Service's previous quarterly dividend of $0.31. 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 data on Thursday, August, 9th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.84 by $0.45. The utilities provider earned $31.54 million during the quarter. Connecticut Water Service had a return on equity of 7.21% and a net margin of 13.57%. View Connecticut Water Service's Earnings History.

When is Connecticut Water Service's next earnings date?

Connecticut Water Service is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Connecticut Water Service.

What price target have analysts set for CTWS?

2 brokers have issued 12 month price objectives for Connecticut Water Service's stock. Their predictions range from $66.00 to $67.00. On average, they anticipate Connecticut Water Service's stock price to reach $66.50 in the next twelve months. This suggests that the stock has a possible downside of 2.6%. View Analyst Price Targets for Connecticut Water Service.

What is the consensus analysts' recommendation for Connecticut Water Service?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Connecticut Water Service in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Connecticut Water Service.

Has Connecticut Water Service been receiving favorable news coverage?

Press coverage about CTWS stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Connecticut Water Service earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

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

What other stocks do shareholders of Connecticut Water Service own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Connecticut Water Service investors own include Docusign (DOCU), AT&T (T), Alibaba Group (BABA), National Grid (NGG), Canadian National Railway (CNI), Constellation Brands (STZ), Verizon Communications (VZ), Charles Schwab (SCHW), Cisco Systems (CSCO) and General Motors (GM).

Who are Connecticut Water Service's key executives?

Connecticut Water Service's management team includes the folowing people:
  • Mr. David C. Benoit, Pres, CEO & Director (Age 62)
  • Ms. Kristen A. Johnson, VP of HR, Corp. Sec. & Director (Age 53)
  • Ms. Maureen P. Westbrook, VP of Customer & Regulatory Affairs (Age 60)
  • Mr. Craig J. Patla, VP of Service Delivery (Age 52)
  • Mr. Robert J. Doffek, CFO, Treasurer & Controller (Age 56)

Who are Connecticut Water Service's major shareholders?

Connecticut Water Service's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.83%), Norges Bank (2.20%), OMERS ADMINISTRATION Corp (1.22%), Geode Capital Management LLC (1.22%), Geode Capital Management LLC (1.22%) and Segall Bryant & Hamill LLC (1.13%). View Institutional Ownership Trends for Connecticut Water Service.

Which institutional investors are selling Connecticut Water Service stock?

CTWS stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Lord Abbett & CO. LLC, Bank of New York Mellon Corp, Clear Harbor Asset Management LLC, Gabelli Funds LLC, Barclays PLC, MetLife Investment Advisors LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Connecticut Water Service.

Which institutional investors are buying Connecticut Water Service stock?

CTWS stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, ARP Americas LP, OMERS ADMINISTRATION Corp, BlackRock Inc., Segall Bryant & Hamill LLC, KBC Group NV, Rhumbline Advisers and Paloma Partners Management Co. View Insider Buying and Selling for Connecticut Water Service.

How do I buy shares of Connecticut Water Service?

Shares of CTWS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 CTWS stock can currently be purchased for approximately $68.30.

How big of a company is Connecticut Water Service?

Connecticut Water Service has a market capitalization of $823.70 million and generates $124.84 million in revenue each year. The utilities provider earns $16.69 million in net income (profit) each year or $2.29 on an earnings per share basis.

What is Connecticut Water Service's official website?

The official website for Connecticut Water Service is http://www.ctwater.com.

How can I contact Connecticut Water Service?

Connecticut Water Service's mailing address is 93 W MAIN ST, CLINTON CT, 06413. The utilities provider can be reached via phone at 860-669-8636 or via email at [email protected]


MarketBeat Community Rating for Connecticut Water Service (NASDAQ CTWS)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Connecticut Water Service and other stocks. Vote "Outperform" if you believe CTWS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTWS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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