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

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$46.78 +0.75 (+1.63 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$46.03
Today's Range$45.86 - $46.90
52-Week Range$35.25 - $49.07
Volume199,695 shs
Average Volume188,400 shs
Market Capitalization$2.19 billion
P/E Ratio33.41
Dividend Yield1.63%
Beta0.38
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$666.89 million
Cash Flow$3.1333 per share
Book Value$14.44 per share

Profitability

Net Income$67.18 million

Miscellaneous

Employees1,176
Market Cap$2.19 billion
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, October 31st. Investors of record on Monday, November 12th will be given a dividend of $0.1875 per share on Friday, November 23rd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Thursday, November 8th. 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, November, 1st. The utilities provider reported $0.72 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.72. The utilities provider earned $219 million during the quarter, compared to analysts' expectations of $249.64 million. California Water Service Group had a return on equity of 8.44% and a net margin of 8.54%. The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.70 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, March 7th 2019. View Earnings Estimates for California Water Service Group.

What price target have analysts set for CWT?

5 brokerages have issued twelve-month price objectives for California Water Service Group's shares. Their forecasts range from $33.00 to $50.00. On average, they anticipate California Water Service Group's stock price to reach $42.25 in the next year. This suggests that the stock has a possible downside of 9.7%. View Analyst Price Targets for California Water Service Group.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Water Service Group in the last year. There are currently 1 sell rating, 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?

Media headlines about CWT stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 coverage optimism score of 1.2 on InfoTrie's scale. They also gave headlines 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 several days.

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)

Who are California Water Service Group's major shareholders?

California Water Service Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Personal Capital Advisors Corp (0.67%), Louisiana State Employees Retirement System (0.04%) and CENTRAL TRUST Co (0.00%). Company insiders that own California Water Service Group stock include David B Healey, George A Vera, Lester A Snow, Lynne P Mcghee and Michael B Luu. View Institutional Ownership Trends for California Water Service Group.

Which major investors are selling California Water Service Group stock?

CWT stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and Personal Capital Advisors Corp. Company insiders that have sold California Water Service Group company stock in the last year include David B Healey, Lester A Snow and Lynne P Mcghee. View Insider Buying and Selling for California Water Service Group.

Which major investors are buying California Water Service Group stock?

CWT stock was acquired by a variety of institutional investors in the last quarter, including CENTRAL TRUST Co. 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 $46.78.

How big of a company is California Water Service Group?

California Water Service Group has a market capitalization of $2.19 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.

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:  190 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  492
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 1/17/2019 by MarketBeat.com Staff

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