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

$50.19
+0.11 (+0.22 %)
(As of 06/26/2019 06:49 AM ET)
Today's Range
$49.95
Now: $50.19
$50.38
50-Day Range
$49.01
MA: $50.21
$51.09
52-Week Range
$38.75
Now: $50.19
$55.05
Volume226,277 shs
Average Volume209,092 shs
Market Capitalization$2.42 billion
P/E Ratio36.90
Dividend Yield1.58%
Beta0.37
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$3.1766 per share
Book Value$15.19 per share

Profitability

Net Income$65.58 million

Miscellaneous

Employees1,184
Market Cap$2.42 billion
Next Earnings Date7/25/2019 (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 Thursday, April 25th. Investors of record on Monday, May 6th will be paid a dividend of $0.1975 per share on Friday, May 17th. This represents a $0.79 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Friday, May 3rd. View California Water Service Group's Dividend History.

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

California Water Service Group (NYSE:CWT) posted its quarterly earnings results on Thursday, April, 25th. The utilities provider reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.21. The utilities provider had revenue of $126.10 million for the quarter, compared to the consensus estimate of $138.86 million. California Water Service Group had a return on equity of 7.76% and a net margin of 8.05%. The business's revenue was down 6.3% on a year-over-year basis. During the same period last year, the company earned ($0.05) EPS. 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, July 25th 2019. View Earnings Estimates for California Water Service Group.

What price target have analysts set for CWT?

4 brokers have issued 12-month target prices for California Water Service Group's shares. Their forecasts range from $42.00 to $50.00. On average, they expect California Water Service Group's share price to reach $47.3333 in the next year. This suggests that the stock has a possible downside of 5.7%. View Analyst Price Targets for California Water Service Group.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Water Service Group in the last year. There are currently 3 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 articles about CWT stock have been trending somewhat positive on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of press 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 negative five to positive five, with scores nearest to five being the most favorable. California Water Service Group earned a news impact score of 0.7 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for California Water Service Group.

Are investors shorting California Water Service Group?

California Water Service Group saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,833,000 shares, an increase of 20.1% from the April 15th total of 1,526,500 shares. Based on an average daily volume of 224,500 shares, the short-interest ratio is presently 8.2 days. Currently, 3.9% of the company's shares are short sold. 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), Eaton Vance Tax-Managed Global Dive Eq (EXG), Nuveen Enhanced Municipal Crdt Opptys Fd (NZF), SJW Group (SJW), American States Water (AWR), Alibaba Group (BABA), General Electric (GE), B&G Foods (BGS) and CF Industries (CF).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.41%), Pictet Asset Management Ltd. (3.16%), Principal Financial Group Inc. (0.90%), First Trust Advisors LP (0.57%), First Trust Advisors LP (0.57%) and Rhumbline Advisers (0.30%). 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 and Peter C Nelson. 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 Pictet Asset Management Ltd., GHP Investment Advisors Inc., BlackRock Inc., Virginia Retirement Systems ET AL, Principal Financial Group Inc., Financial Counselors Inc., SG Americas Securities LLC and Catalyst Capital Advisors LLC. 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 and Peter C Nelson. 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 First Trust Advisors LP, First Trust Advisors LP, Los Angeles Capital Management & Equity Research Inc., Cambridge Investment Research Advisors Inc., Summit Global Investments, AlphaCrest Capital Management LLC, Zurcher Kantonalbank Zurich Cantonalbank and California Public Employees Retirement System. 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, Scottrade, 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 $50.19.

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:  1.9 out of 5 (star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  549
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 6/26/2019 by MarketBeat.com Staff

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