About California Water Service Group (NYSE:CWT)
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 484,900 customers in 100 California communities; approximately 4,500 water and wastewater customers on the islands of Maui and Hawaii; approximately 16,800 customers in the Tacoma and Olympia areas in Washington; and approximately 8,100 water and wastewater customers in the Belen, Los Lunas, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating municipally owned water systems, privately owned water, and recycled water distribution systems; providing operational and maintenance, meter reading, and billing services to private companies and municipalities; leasing communication antenna sites on its properties to telecommunication companies; billing optional third-party insurance programs to its residential customers; and providing lab services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
SymbolNYSE:CWT
CUSIP13078810
Phone408-367-8200
Debt
Debt-to-Equity Ratio0.74%
Current Ratio0.46%
Quick Ratio0.45%
Price-To-Earnings
Trailing P/E Ratio28.07
Forward P/E Ratio27.57
P/E Growth4.59
Sales & Book Value
Annual Sales$666.89 million
Price / Sales2.82
Cash Flow$3.0467 per share
Price / Cash12.85
Book Value$14.44 per share
Price / Book2.71
Profitability
EPS (Most Recent Fiscal Year)$1.40
Net Income$67.18 million
Net Margins10.07%
Return on Equity9.97%
Return on Assets2.60%
Miscellaneous
Employees1,176
Outstanding Shares48,010,000
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, January 31st. Shareholders of record on Monday, February 12th will be given a dividend of $0.1875 per share on Friday, February 23rd. This represents a $0.75 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Friday, February 9th. This is a positive change from California Water Service Group's previous quarterly dividend of $0.18. View California Water Service Group's Dividend History.
How were California Water Service Group's earnings last quarter?
California Water Service Group Holding (NYSE:CWT) released its quarterly earnings results on Thursday, March, 1st. The utilities provider reported $0.29 EPS for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.06. The utilities provider had revenue of $162 million for the quarter, compared to analysts' expectations of $155.89 million. California Water Service Group had a net margin of 10.07% and a return on equity of 9.97%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company 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?
7 equities research analysts have issued 1 year target prices for California Water Service Group's stock. Their forecasts range from $32.00 to $35.00. On average, they expect California Water Service Group's share price to reach $33.75 in the next twelve months. View Analyst Ratings for California Water Service Group.
Who are some of California Water Service Group's key competitors?
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 51)
- Mr. Thomas F. Smegal III, VP, CFO & Treasurer (Age 51)
- Ms. Lynne P. McGhee, VP & Gen. Counsel (Age 53)
- Mr. Paul G. Townsley, VP of Rates & Regulatory Matters (Age 61)
- Mr. Robert J. Kuta, VP of Engineering (Age 53)
Has California Water Service Group been receiving favorable news coverage?
Press coverage about CWT stock has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. California Water Service Group earned a media sentiment score of 0.14 on Accern's scale. They also assigned media headlines about the utilities provider an impact score of 44.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
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 $39.15.
How big of a company is California Water Service Group?
California Water Service Group has a market capitalization of $1.88 billion and generates $666.89 million in revenue each year. The utilities provider earns $67.18 million in net income (profit) each year or $1.40 on an earnings per share basis. California Water Service Group employs 1,176 workers across the globe.
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 (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.
California Water Service Group (NYSE:CWT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for California Water Service Group in the last 12 months. Their average twelve-month price target is $33.75, suggesting that the stock has a possible downside of 13.79%. The high price target for CWT is $35.00 and the low price target for CWT is $32.00. There are currently 2 sell ratings and 5 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.71 | 1.50 | 1.50 | 1.71 |
| Ratings Breakdown: | 2 Sell Rating(s)
5 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $33.75 | $33.6667 | $33.50 | $33.00 |
| Price Target Upside: | 13.79% downside | 9.74% downside | 22.72% downside | 12.70% downside |
California Water Service Group (NYSE:CWT) Consensus Price Target History
California Water Service Group (NYSE:CWT) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
California Water Service Group (NYSE:CWT) Dividend Information
California Water Service Group pays an annual dividend of $0.75 per share, with a dividend yield of 1.92%. CWT's most recent quarterly dividend payment was Friday, February 23. The company has grown its dividend for the last 50 consecutive years and is increasing its dividend by an average of 3.50% each year. California Water Service Group pays out 53.57% of its earnings out as a dividend.
| Most Recent Dividend: | 2/23/2018 |
| Annual Dividend: | $0.75 |
| Dividend Yield: | 1.92% |
| Dividend Growth: | 3.50% (3 Year Average) |
| Payout Ratio: | 53.57% (Trailing 12 Months of Earnings)
52.82% (Based on This Year's Estimates)
50.00% (Based on Next Year's Estimates)
|
| Track Record: | 50 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
California Water Service Group (NYSE:CWT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/31/2018 | quarterly | $0.1875 | 2.01% | 2/9/2018 | 2/12/2018 | 2/23/2018 |
| 10/25/2017 | quarterly | $0.18 | 1.69% | 11/3/2017 | 11/6/2017 | 11/17/2017 |
| 7/26/2017 | quarterly | $0.18 | 1.91% | 8/3/2017 | 8/7/2017 | 8/18/2017 |
| 4/26/2017 | quarterly | $0.18 | 1.94% | 5/4/2017 | 5/8/2017 | 5/19/2017 |
| 1/25/2017 | quarterly | $0.18 | 2.07% | 2/2/2017 | 2/6/2017 | 2/17/2017 |
| 10/26/2016 | quarterly | $0.1725 | | 11/3/2016 | 11/7/2016 | 11/18/2016 |
| 7/27/2016 | quarterly | $0.1725 | | 8/4/2016 | 8/8/2016 | 8/19/2016 |
| 4/27/2016 | quarterly | $0.1725 | | 5/5/2016 | 5/9/2016 | 5/20/2016 |
| 1/27/2016 | quarterly | $0.1725 | | 2/4/2016 | 2/8/2016 | 2/19/2016 |
| 10/28/2015 | quarterly | $0.1675 | | 11/5/2015 | 11/9/2015 | 11/20/2015 |
| 7/29/2015 | quarterly | $0.1675 | | 8/6/2015 | 8/10/2015 | 8/21/2015 |
| 4/29/2015 | quarterly | $0.1675 | 2.81% | 5/7/2015 | 5/11/2015 | 5/22/2015 |
| 1/29/2015 | quarterly | $0.1675 | 2.58% | 2/5/2015 | 2/9/2015 | 2/20/2015 |
| 10/29/2014 | quarterly | $0.1625 | 2.55% | 11/6/2014 | 11/10/2014 | 11/21/2014 |
| 10/17/2014 | oct 14 | $0.1334 | | | 10/31/2014 | 11/17/2014 |
| 7/30/2014 | quarterly | $0.1625 | 2.85% | 8/7/2014 | 8/11/2014 | 8/22/2014 |
| 4/30/2014 | quarterly | $0.1625 | 2.92% | 5/8/2014 | 5/12/2014 | 5/23/2014 |
| 1/29/2014 | quarterly | $0.1625 | 2.76% | 2/6/2014 | 2/10/2014 | 2/21/2014 |
| 10/30/2013 | quarterly | $0.16 | 2.94% | 11/7/2013 | 11/12/2013 | 11/25/2013 |
| 7/31/2013 | quarterly | $0.16 | 2.92% | 8/8/2013 | 8/12/2013 | 8/23/2013 |
| 4/24/2013 | quarterly | $0.16 | 3.24% | 5/2/2013 | 5/6/2013 | 5/17/2013 |
| 1/30/2013 | quarterly | $0.16 | 3.28% | 2/7/2013 | 2/11/2013 | 2/22/2013 |
(Data available from 1/1/2013 forward)
California Water Service Group (NYSE CWT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 70.10%
California Water Service Group (NYSE CWT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/11/2018 | George A Vera | Director | Buy | 3 | $37.25 | $111.75 | 41,514 |  |
| 3/15/2018 | Lynne P Mcghee | VP | Sell | 1,000 | $36.74 | $36,740.00 | 20,179 | |
| 3/12/2018 | Lester A Snow | Director | Sell | 2,000 | $38.59 | $77,180.00 | 41,511 | |
| 3/6/2018 | George A Vera | Director | Buy | 869 | $35.40 | $30,762.60 | 41,509 | |
| 2/13/2018 | George A Vera | Director | Buy | 3 | $38.00 | $114.00 | 39,877 | |
| 1/11/2018 | George A Vera | Director | Buy | 2 | $42.85 | $85.70 | 39,874 | |
| 12/12/2017 | George A Vera | Director | Buy | 2 | $42.95 | $85.90 | 39,872 | |
| 11/13/2017 | George A Vera | Director | Buy | 2 | $43.40 | $86.80 | 39,869 | |
| 10/11/2017 | George A Vera | Director | Buy | 2 | $41.75 | $83.50 | 39,867 | |
| 9/12/2017 | Lynne P Mcghee | VP | Sell | 1,079 | $36.94 | $39,858.26 | 18,581 | |
| 9/8/2017 | Lynne P Mcghee | VP | Sell | 1,605 | $37.61 | $60,364.05 | 19,660 | |
| 7/11/2017 | George A Vera | Director | Buy | 3 | $36.79 | $110.37 | 39,860 | |
| 6/8/2017 | David B Healey | VP | Sell | 1,000 | $35.90 | $35,900.00 | 13,574 | |
| 5/2/2017 | David B Healey | VP | Sell | 1,000 | $35.70 | $35,700.00 | 14,780 | |
| 3/16/2017 | Michael B Luu | VP | Sell | 2,400 | $34.47 | $82,728.00 | 8,532 | |
| 10/11/2016 | George A Vera | Director | Buy | 3 | $31.75 | $95.25 | 36,754 | |
| 6/13/2016 | Timothy D Treloar | VP | Sell | 518 | $32.06 | $16,607.08 | 8,492 | |
| 5/12/2016 | David B Healey | VP | Sell | 1,000 | $28.61 | $28,610.00 | 13,328 | |
| 5/5/2016 | Michael B Luu | VP | Sell | 849 | $28.69 | $24,357.81 | 7,967 | |
| 3/15/2016 | Lynne P Mcghee | VP | Sell | 6,000 | $26.04 | $156,240.00 | 19,329 | |
| 3/1/2016 | Terry Bayer | Director | Buy | 2,722 | $25.17 | $68,512.74 | 7,171 | |
| 8/14/2015 | Ronald D Webb | VP | Buy | 1,000 | $22.28 | $22,280.00 | | |
| 7/13/2015 | George A Vera | Director | Buy | 4 | $23.73 | $94.92 | | |
| 5/14/2015 | Peter C Nelson | Director | Sell | 10,000 | $23.85 | $238,500.00 | | |
| 5/11/2015 | Peter C Nelson | Director | Sell | 10,000 | $23.91 | $239,100.00 | | |
| 5/7/2015 | Peter C Nelson | Director | Sell | 10,000 | $23.68 | $236,800.00 | | |
| 3/11/2015 | Peter C Nelson | Director | Sell | 4,803 | $24.39 | $117,145.17 | | |
| 3/10/2015 | Peter C Nelson | Director | Sell | 10,000 | $24.00 | $240,000.00 | | |
| 3/9/2015 | Peter C Nelson | Director | Sell | 10,000 | $24.14 | $241,400.00 | | |
| 3/5/2015 | Peter C Nelson | Director | Sell | 5,000 | $24.64 | $123,200.00 | | |
| 12/3/2014 | Peter C Nelson | Director | Sell | 10,000 | $24.64 | $246,400.00 | | |
| 12/1/2014 | Peter C Nelson | Director | Sell | 10,000 | $25.02 | $250,200.00 | | |
| 11/26/2014 | Peter C Nelson | Director | Sell | 10,000 | $25.45 | $254,500.00 | | |
| 11/17/2014 | Robert Guzzetta | Insider | Sell | 7,597 | $24.68 | $187,493.96 | | |
| 11/11/2014 | George A Vera | Director | Buy | 4 | $25.57 | $102.28 | | |
| 5/12/2014 | Lynne Mcghee | Insider | Sell | 3,580 | $21.65 | $77,507.00 | 19,520 | |
| 9/13/2013 | Martin Kropelnicki | CEO | Buy | 1,370 | $19.00 | $26,030.00 | 50,439 | |
| 3/5/2013 | Lester A Snow | Director | Buy | 2,751 | $20.62 | $56,725.62 | | |
| 3/5/2013 | Martin A Kropelnicki | COO | Buy | 7,753 | $20.62 | $159,866.86 | | |
| 3/5/2013 | Paul G Townsley | VP | Buy | 3,001 | $20.62 | $61,880.62 | | |
| 3/5/2013 | Peter C Nelson | CEO | Buy | 12,504 | $20.62 | $257,832.48 | | |
| 8/6/2012 | David B Healey | Insider | Buy | 2,814 | $18.65 | $52,481.10 | | |
(Data available from 1/1/2013 forward)
California Water Service Group (NYSE CWT) News Headlines
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California Water Service Group (NYSE:CWT) SEC Filings
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California Water Service Group (NYSE:CWT) Income Statement, Balance Sheet and Cash Flow Statement
California Water Service Group (NYSE CWT) Stock Chart for Thursday, April, 19, 2018
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