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.
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Industry, Sector and Symbol
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Phone408-367-8200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$698.20 million
Profitability
Miscellaneous
Employees1,184
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Wednesday, July 31st. Stockholders of record on Monday, August 12th will be paid a dividend of $0.198 per share on Friday, August 23rd. This represents a $0.79 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, August 9th. 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 data on Thursday, August, 1st. The utilities provider reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.02. The utilities provider earned $179.03 million during the quarter, compared to analyst estimates of $180.97 million. California Water Service Group had a net margin of 8.55% and a return on equity of 8.21%. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.31 earnings per share. View California Water Service Group's Earnings History.
When is California Water Service Group's next earnings date?
What price target have analysts set for CWT?
4 Wall Street analysts have issued 1 year price targets for California Water Service Group's stock. Their predictions range from $42.00 to $50.00. On average, they anticipate California Water Service Group's share price to reach $47.3333 in the next twelve months. This suggests that the stock has a possible downside of 11.8%. 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 headlines about CWT stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. California Water Service Group earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media 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 stock'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 increase in short interest in August. As of August 15th, there was short interest totalling 2,081,900 shares, an increase of 8.4% from the July 15th total of 1,920,000 shares. Based on an average trading volume of 256,000 shares, the days-to-cover ratio is presently 8.1 days. Approximately 4.4% of the shares of the stock are sold short. View California Water Service Group's Current Options Chain.
Who are some of California Water Service Group's key competitors?
Some companies that are related to California Water Service Group include Aqua America (WTR), Companhia de Saneamento Bsc DEDSP (SBS), American States Water (AWR), SJW Group (SJW), Middlesex Water (MSEX), Connecticut Water Service (CTWS), AquaVenture (WAAS), York Water (YORW), Artesian Resources (ARTNA), Cadiz (CDZI), Global Water Resources (GWRS), Pure Cycle (PCYO) and Consolidated Water (CWCO).
What other stocks do shareholders of California Water Service Group own?
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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.34%), BlackRock Inc. (15.34%), Vanguard Group Inc. (11.75%), Price T Rowe Associates Inc. MD (5.61%), Pictet Asset Management Ltd. (2.94%) and Invesco Ltd. (2.84%). 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 Price T Rowe Associates Inc. MD, Pictet Asset Management Ltd., BlackRock Inc., BlackRock Inc., Wells Fargo & Company MN, Bank of New York Mellon Corp, First Trust Advisors LP and Invesco 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.
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 Atria Investments LLC, Atria Investments LLC, Morgan Stanley, Nuance Investments LLC, Nuveen Asset Management LLC, Vanguard Group Inc., WINTON GROUP Ltd and Renaissance Technologies 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 $53.65.
How big of a company is California Water Service Group?
California Water Service Group has a market capitalization of $2.58 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?
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)
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.
