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California Water Service Group Stock Price, Forecast & Analysis (NYSE:CWT)

$50.25
+0.33 (+0.66 %)
(As of 11/17/2019 10:45 AM ET)
Today's Range
$48.78
Now: $50.25
$50.25
50-Day Range
$49.76
MA: $53.44
$56.13
52-Week Range
$43.38
Now: $50.25
$57.48
Volume235,637 shs
Average Volume270,022 shs
Market Capitalization$2.42 billion
P/E Ratio36.95
Dividend Yield1.58%
Beta0.22
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 486,900 customer connections in 100 California communities; approximately 4,800 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 17,600 customer connections in the Tacoma and Olympia areas in Washington; and approximately 8,200 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. Read More…

Industry, Sector and Symbol

Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
CUSIP13078810
Phone408-367-8200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$698.20 million
Cash Flow$3.19 per share
Book Value$15.74 per share

Profitability

Net Income$65.58 million

Miscellaneous

Employees1,184
Market Cap$2.42 billion
Next Earnings Date2/27/2020 (Estimated)
OptionableOptionable

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California Water Service Group (NYSE:CWT) Frequently Asked Questions

What is California Water Service Group's stock symbol?

California Water Service Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWT."

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

California Water Service Group announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Monday, November 11th will be paid a dividend of $0.1975 per share on Friday, November 22nd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Thursday, November 7th. View California Water Service Group's Dividend History.

How were California Water Service Group's earnings last quarter?

California Water Service Group (NYSE:CWT) issued its earnings results on Thursday, October, 31st. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.09. The utilities provider earned $232.50 million during the quarter, compared to analyst estimates of $224.50 million. California Water Service Group had a return on equity of 9.18% and a net margin of 9.52%. The firm's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.72 earnings per share. View California Water Service Group's Earnings History.

When is California Water Service Group's next earnings date?

California Water Service Group is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for California Water Service Group.

What price target have analysts set for CWT?

3 Wall Street analysts have issued 1-year price targets for California Water Service Group's shares. Their forecasts range from $50.00 to $50.00. On average, they expect California Water Service Group's share price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for California Water Service Group.

What is the consensus analysts' recommendation for California Water Service Group?

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

Has California Water Service Group been receiving favorable news coverage?

News headlines about CWT stock have trended negative this week, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. California Water Service Group earned a coverage optimism score of -2.5 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for California Water Service Group.

Are investors shorting California Water Service Group?

California Water Service Group saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 2,020,000 shares, a drop of 9.8% from the September 30th total of 2,240,000 shares. Based on an average daily volume of 232,200 shares, the days-to-cover ratio is presently 8.7 days. Currently, 4.2% of the company's shares are sold short. View California Water Service Group's Current Options Chain.

Who are some of California Water Service Group's key competitors?

What other stocks do shareholders of California Water Service Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other California Water Service Group investors own include NCI (NCIT), Ford Motor (F), SJW Group (SJW), American States Water (AWR), Alibaba Group (BABA), Eaton Vance Tax-Managed Global Dive Eq (EXG), Nuveen Enhanced Municipal Crdt Opptys Fd (NZF), CF Industries (CF), General Electric (GE) and B&G Foods (BGS).

Who are California Water Service Group's key executives?

California Water Service Group's management team includes the folowing people:
  • Mr. Martin A. Kropelnicki, Pres, CEO & Director (Age 52)
  • Mr. Thomas F. Smegal III, VP, CFO & Treasurer (Age 52)
  • Ms. Lynne P. McGhee, VP & Gen. Counsel (Age 54)
  • Mr. Paul G. Townsley, VP of Corp. Devel. & Chief Regulatory Matters Officer (Age 62)
  • Mr. Robert J. Kuta, VP of Engineering and Chief Water Quality & Environmental Compliance Officer (Age 54)

Who are California Water Service Group's major shareholders?

California Water Service Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (0.55%), Rhumbline Advisers (0.30%), California Public Employees Retirement System (0.21%), State of New Jersey Common Pension Fund D (0.20%), Great West Life Assurance Co. Can (0.16%) and Clear Harbor Asset Management LLC (0.16%). Company insiders that own California Water Service Group stock include David B Healey, Elissa Y Ouyang, George A Vera, Lester A Snow, Lynne P Mcghee, Michael B Luu, Peter C Nelson and Richard P Magnuson. View Institutional Ownership Trends for California Water Service Group.

Which institutional investors are selling California Water Service Group stock?

CWT stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Mackay Shields LLC, Chicago Equity Partners LLC, Great West Life Assurance Co. Can, Janney Montgomery Scott LLC, Sageworth Trust Co, State of Tennessee Treasury Department and Envestnet Asset Management Inc.. Company insiders that have sold California Water Service Group company stock in the last year include David B Healey, Elissa Y Ouyang, Lester A Snow, Michael B Luu, Peter C Nelson and Richard P Magnuson. View Insider Buying and Selling for California Water Service Group.

Which institutional investors are buying California Water Service Group stock?

CWT stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, California Public Employees Retirement System, State of Alaska Department of Revenue, Tuttle Tactical Management, 6 Meridian, 6 Meridian, New York State Teachers Retirement System and G&S Capital LLC. View Insider Buying and Selling for California Water Service Group.

How do I buy shares of California Water Service Group?

Shares of CWT 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, Robinhood, Fidelity and Charles Schwab.

What is California Water Service Group's stock price today?

One share of CWT stock can currently be purchased for approximately $50.25.

How big of a company is California Water Service Group?

California Water Service Group has a market capitalization of $2.42 billion and generates $698.20 million in revenue each year. The utilities provider earns $65.58 million in net income (profit) each year or $1.36 on an earnings per share basis. California Water Service Group employs 1,184 workers across the globe.View Additional Information About California Water Service Group.

What is California Water Service Group's official website?

The official website for California Water Service Group is http://www.calwatergroup.com/.

How can I contact California Water Service Group?

California Water Service Group's mailing address is 1720 NORTH FIRST STREET, SAN JOSE CA, 95112. The utilities provider can be reached via phone at 408-367-8200 or via email at [email protected]


MarketBeat Community Rating for California Water Service Group (NYSE CWT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  238 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  601
MarketBeat's community ratings are surveys of what our community members think about California Water Service Group and other stocks. Vote "Outperform" if you believe CWT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CWT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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