NASDAQ:CWCO

Consolidated Water (CWCO) Stock Forecast, Price & News

$20.10

+0.38 (+1.93%)

(As of 06/2/2023 ET)

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Today's Range: $19.63
▼
$20.36
50-Day Range: $14.91
▼
$20.10
52-Week Range: $12.55
▼
$20.58

Volume: 105,025 shs
Average Volume: 87,405 shs
Market Capitalization: $316.37 million

P/E Ratio: N/A
Dividend Yield: 1.69%
Price Target: $19.00

Consolidated Water MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 5.5% Downside
$19.00 Price Target
Short Interest: Healthy
0.52% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: +3.06
Upright™ Environmental Score
News Sentiment: 0.73
Based on 13 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -3.12%
From $0.96 to $0.93 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Utilities Sector

73rd out of 84 stocks

Water Supply Industry

11th out of 12 stocks

1.3

Analyst's Opinion

Consensus Rating
Consolidated Water has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, Consolidated Water has a forecasted downside of 5.5% from its current price of $20.10.
Amount of Analyst Coverage
Consolidated Water has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.52% of the float of Consolidated Water has been sold short.
Short Interest Ratio / Days to Cover
Consolidated Water has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Consolidated Water has recently decreased by 10.85%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Consolidated Water pays a meaningful dividend of 1.69%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Consolidated Water does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Consolidated Water will have a dividend payout ratio of 36.56% next year. This indicates that Consolidated Water will be able to sustain or increase its dividend.

4.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Consolidated Water has received a 67.42% net impact score from Upright. The largest positive contribution comes from its "Scarce natural resources" impact, which is mostly driven by its "Drinking water treatment services", "Water desalination units", and "Drinking water distribution services" products. See details.
Environmental Sustainability
The Environmental Impact score for Consolidated Water is 3.06.

3.2

News and Social Media Coverage

News Sentiment
Consolidated Water has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Consolidated Water this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for CWCO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
4 people have added Consolidated Water to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Consolidated Water insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.38% of the stock of Consolidated Water is held by insiders.
Percentage Held by Institutions
43.78% of the stock of Consolidated Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Consolidated Water are expected to decrease by -3.12% in the coming year, from $0.96 to $0.93 per share.
Price to Earnings Growth Ratio
Consolidated Water has a PEG Ratio of 2.62. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Consolidated Water has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Consolidated Water (NASDAQ:CWCO) Stock

Consolidated Water Co. Ltd. engages in the development and operation of seawater desalination plants and water distribution systems. It operates through the following segments: Retail, Bulk, Services, and Manufacturing. The Retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Islands. The Bulk segment supplies potable water to government utilities in Grand Cayman and the Bahamas. The Services segment designs, constructs, and sells water infrastructure; and provides management and operating services to third parties. The Manufacturing segment focuses on the manufacture and service of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply, and treatment. The company was founded in 1973 and is headquartered in George Town, Cayman Islands.

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CWCO Stock News Headlines

June 3, 2023 | americanbankingnews.com

Zacks Research Comments on Consolidated Water Co. Ltd.'s Q2 2023 Earnings (NASDAQ:CWCO)

June 1, 2023 | finance.yahoo.com

Those who invested in Consolidated Water (NASDAQ:CWCO) five years ago are up 75%

June 4, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

June 1, 2023 | americanbankingnews.com

Consolidated Water Co. Ltd. (CWCO) To Go Ex-Dividend on June 30th

May 31, 2023 | americanbankingnews.com

Brokers Set Expectations for Consolidated Water Co. Ltd.'s FY2023 Earnings (NASDAQ:CWCO)

May 31, 2023 | americanbankingnews.com

Consolidated Water Co. Ltd. (NASDAQ:CWCO) Short Interest Down 10.9% in May

May 30, 2023 | finanznachrichten.de

Consolidated Water Co. Ltd.: Consolidated Water Declares Third Quarter Cash Dividend

May 23, 2023 | msn.com

Roth MKM Maintains Consolidated Water Co. (CWCO) Buy Recommendation

June 4, 2023 | Behind the Markets (Ad)

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May 22, 2023 | finance.yahoo.com

4 Water Utility Stocks to Watch in a Promising Industry

May 18, 2023 | finance.yahoo.com

Consolidated Water Co. Ltd.'s (NASDAQ:CWCO) Intrinsic Value Is Potentially 40% Above Its Share Price

May 17, 2023 | msn.com

Janney Montgomery Scott Downgrades Consolidated Water Co. (CWCO)

May 17, 2023 | msn.com

Consolidated Water plunges as Janney downgrades on valuation, slowing growth

May 17, 2023 | americanbankingnews.com

Consolidated Water (NASDAQ:CWCO) Downgraded by Janney Montgomery Scott

May 15, 2023 | msn.com

Recap: Consolidated Water Co Q1 Earnings

May 15, 2023 | finance.yahoo.com

Consolidated Water Reports First Quarter 2023 Revenue up 68% to $32.9 Million, Driving Net Income of $3.8 Million or $0.24 per Share

May 15, 2023 | americanbankingnews.com

Consolidated Water (CWCO) Set to Announce Earnings on Tuesday

May 12, 2023 | msn.com

Consolidated Water Co's Earnings Outlook

May 11, 2023 | finance.yahoo.com

Is a Surprise Coming for Consolidated Water (CWCO) This Earnings Season?

May 9, 2023 | finance.yahoo.com

Consolidated Water Sets First Quarter 2023 Investor Conference Call for Tuesday, May 16, 2023 at 11:00 a.m. ET

April 14, 2023 | americanbankingnews.com

Research Analysts Offer Predictions for Consolidated Water Co. Ltd.'s Q1 2025 Earnings (NASDAQ:CWCO)

April 9, 2023 | americanbankingnews.com

Consolidated Water (NASDAQ:CWCO) Upgraded at StockNews.com

April 5, 2023 | americanbankingnews.com

Consolidated Water (NASDAQ:CWCO) Given "Buy" Rating at Roth Capital

April 4, 2023 | finance.yahoo.com

Consolidated Water Co. Ltd. (NASDAQ:CWCO) Q4 2022 Earnings Call Transcript

April 4, 2023 | finance.yahoo.com

Consolidated Water Announces Passing of Richard L. Finlay, Long-Standing Director and Friend

April 4, 2023 | americanbankingnews.com

Short Interest in Consolidated Water Co. Ltd. (NASDAQ:CWCO) Drops By 5.1%

April 2, 2023 | seekingalpha.com

Consolidated Water Co. Ltd. (CWCO) Q4 2022 Earnings Call Transcript

See More Headlines

CWCO Price History

30 days | 90 days | 365 days | Advanced Chart

CWCO Company Calendar

Last Earnings: 11/15/2021
Ex-Dividend for 4/28 Dividend: 3/31/2023
Dividend Payable: 4/28/2023
Today: 6/04/2023
Ex-Dividend for 7/31 Dividend: 6/30/2023
Dividend Payable: 7/31/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Water supply
Sub-Industry: Water Utilities
Sector: Utilities
Current Symbol: NASDAQ:CWCO
CUSIP: G2377310
CIK: 928340
Web: www.cwco.com
Phone: (345) 945-4277
Fax: 34-59-492-95
Employees: 197
Year Founded: 1973

Price Target and Rating

Average Stock Price Forecast: $19.00
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: -5.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 20.94
P/E Growth: 2.62
Net Income: $5.86 million
Net Margins: 7.40%
Pretax Margin: 10.99%
Return on Equity: 6.21%
Return on Assets: 5.46%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.29
Quick Ratio: 2.99

Sales & Book Value

Annual Sales: $94.11 million
Price / Sales: 3.36
Cash Flow: $0.94 per share
Price / Cash Flow: 21.32
Book Value: $10.70 per share
Price / Book: 1.88

Miscellaneous

Outstanding Shares: 15,740,000
Free Float: 14,889,000
Market Cap: $316.37 million
Optionable: Optionable
Beta: 0.20

Social Links

Key Executives

Frederick W. McTaggart
President, Chief Executive Officer & Director

Ramjeet Jerrybandan
Chief Operating Officer, Secretary & EVP

David W. Sasnett
Chief Financial Officer & Executive Vice President

Armando Averhoff
Vice President-Information Technology

Douglas R. Vizzini
Vice President-Finance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CWCO Stock - Frequently Asked Questions

Should I buy or sell Consolidated Water stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Water in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CWCO shares.
View CWCO analyst ratings or view top-rated stocks.
What is Consolidated Water's stock price forecast for 2023?: 2 analysts have issued 1-year target prices for Consolidated Water's shares. Their CWCO share price forecasts range from $19.00 to $19.00. On average, they anticipate the company's share price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 5.5%.
View analysts price targets for CWCO or view top-rated stocks among Wall Street analysts.
How have CWCO shares performed in 2023?: Consolidated Water's stock was trading at $14.80 at the beginning of the year. Since then, CWCO shares have increased by 35.8% and is now trading at $20.10.
View the best growth stocks for 2023 here.
Are investors shorting Consolidated Water?: Consolidated Water saw a decline in short interest in May. As of May 15th, there was short interest totaling 77,200 shares, a decline of 10.9% from the April 30th total of 86,600 shares. Based on an average trading volume of 73,500 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the company's shares are sold short.
View Consolidated Water's Short Interest.
When is Consolidated Water's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our CWCO earnings forecast.
How were Consolidated Water's earnings last quarter?: Consolidated Water Co. Ltd. (NASDAQ:CWCO) announced its quarterly earnings data on Monday, November, 15th. The utilities provider reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.05. The utilities provider earned $16.41 million during the quarter, compared to the consensus estimate of $16.20 million. Consolidated Water had a trailing twelve-month return on equity of 6.21% and a net margin of 7.40%. During the same period last year, the company earned $0.12 EPS.
How often does Consolidated Water pay dividends? What is the dividend yield for Consolidated Water?: Consolidated Water declared a quarterly dividend on Tuesday, May 30th. Investors of record on Monday, July 3rd will be paid a dividend of $0.085 per share on Monday, July 31st. This represents a $0.34 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, June 30th.
Read our dividend analysis for CWCO.
What ETF holds Consolidated Water's stock ?: SPDR S&P Kensho Intelligent Structures ETF holds 12,103 shares of CWCO stock, representing 0.84% of its portfolio.

Is Consolidated Water a good dividend stock?: Consolidated Water (NASDAQ:CWCO) pays an annual dividend of $0.34 per share and currently has a dividend yield of 1.69%.
Read our dividend analysis for CWCO.
What other stocks do shareholders of Consolidated Water own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Water investors own include Madrigal Pharmaceuticals (MDGL), (CPXX) (CPXX), Energy Transfer (ET), Caladrius Biosciences (CLBS), Mylan (MYL), Ford Motor (F), STMicroelectronics (STM), AT&T (T), Ayala Pharmaceuticals (ADXS) and Biopharmx (BPMX).
What is Consolidated Water's stock symbol?: Consolidated Water trades on the NASDAQ under the ticker symbol "CWCO."
Who are Consolidated Water's major shareholders?: Consolidated Water's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include TSP Capital Management Group LLC (3.69%), KBC Group NV (2.68%), Dimensional Fund Advisors LP (2.44%), First Manhattan CO. LLC. (2.23%), Renaissance Technologies LLC (1.81%) and Acadian Asset Management LLC (1.52%). Insiders that own company stock include Clarence B Flowers, Richard Finlay and Wilmer F Pergande.
View institutional ownership trends.
How do I buy shares of Consolidated Water?: Shares of CWCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Consolidated Water's stock price today?: One share of CWCO stock can currently be purchased for approximately $20.10.
How much money does Consolidated Water make?: Consolidated Water (NASDAQ:CWCO) has a market capitalization of $316.37 million and generates $94.11 million in revenue each year.
How many employees does Consolidated Water have?: The company employs 197 workers across the globe.
How can I contact Consolidated Water?: Consolidated Water's mailing address is Regatta Office Park Windward Three 4th Floor West Bay Road P.O. Box 1114, GRAND CAYMAN E9, KY1-1102. The official website for the company is www.cwco.com. The utilities provider can be reached via phone at (345) 945-4277, via email at cwco@cma.team, or via fax at 34-59-492-95.

This page (NASDAQ:CWCO) was last updated on 6/4/2023 by MarketBeat.com Staff

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