NYSE:CWT - California Water Service Group Stock Price, Forecast & News

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

California Water Service Group declared a quarterly dividend on Thursday, January 30th. Shareholders of record on Monday, February 10th will be paid a dividend of $0.2125 per share on Friday, February 21st. This represents a $0.85 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Friday, February 7th. This is an increase from California Water Service Group's previous quarterly dividend of $0.20. View California Water Service Group's Dividend History.

California Water Service Group (NYSE:CWT) released its quarterly earnings data 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 net margin of 9.52% and a return on equity of 9.18%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.72 earnings per share. View California Water Service Group's Earnings History.

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.

California Water Service Group will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 1 year target prices for California Water Service Group's stock. 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 8.3%. View Analyst Price Targets for California Water Service Group.

2 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 for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for California Water Service Group.

Press coverage about CWT stock has been trending somewhat positive this week, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. California Water Service Group earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for California Water Service Group.

California Water Service Group saw a increase in short interest in January. As of January 15th, there was short interest totalling 2,020,000 shares, an increase of 9.8% from the December 31st total of 1,840,000 shares. Based on an average daily volume of 250,600 shares, the short-interest ratio is currently 8.1 days. Approximately 4.2% of the shares of the stock are sold short. View California Water Service Group's Current Options Chain.

Some companies that are related to California Water Service Group include American Water Works (AWK), Aqua America (WTR), American States Water (AWR), SJW Group (SJW), Middlesex Water (MSEX), Connecticut Water Service (CTWS), York Water (YORW), Artesian Resources (ARTNA), Consolidated Water (CWCO) and Cadiz (CDZI).

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), Consolidated Edison (ED), Enterprise Products Partners (EPD), General Electric (GE), Mcdonald's (MCD) and Marathon Petroleum (MPC).

California Water Service Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (8.15%), Pictet Asset Management Ltd. (3.00%), Bank of New York Mellon Corp (1.31%), Geode Capital Management LLC (1.31%), KBC Group NV (0.95%) and Principal Financial Group Inc. (0.94%). 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.

CWT stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Chicago Equity Partners LLC, Arizona State Retirement System, State of New Jersey Common Pension Fund D, Raymond James & Associates, Citigroup Inc., Strs Ohio and Russell Investments Group Ltd.. 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.

CWT stock was bought by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, Mackay Shields LLC, ProShare Advisors LLC, Barclays PLC, Candriam Luxembourg S.C.A. and Geode Capital Management LLC. View Insider Buying and Selling for 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.

One share of CWT stock can currently be purchased for approximately $54.50.

California Water Service Group has a market capitalization of $2.62 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.

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

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]