Log in

NYSE:CWTCalifornia Water Service Group Stock Price, Forecast & News

$48.35
+0.32 (+0.67 %)
(As of 07/3/2020 04:00 PM ET)
Add
Compare
Today's Range
$48.15
Now: $48.35
$48.98
50-Day Range
$43.14
MA: $46.10
$48.45
52-Week Range
$39.74
Now: $48.35
$57.48
Volume140,774 shs
Average Volume297,832 shs
Market Capitalization$2.36 billion
P/E Ratio46.05
Dividend Yield1.76%
BetaN/A
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. 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 water system operation, 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.
Read More
California Water Service Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.81 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$714.56 million
Cash Flow$3.22 per share
Book Value$16.20 per share

Profitability

Net Income$63.12 million

Miscellaneous

Employees1,207
Market Cap$2.36 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

Receive CWT News and Ratings via Email

Sign-up to receive the latest news and ratings for CWT and its competitors with MarketBeat's FREE daily newsletter.

California Water Service Group (NYSE:CWT) Frequently Asked Questions

How has California Water Service Group's stock been impacted by COVID-19 (Coronavirus)?

California Water Service Group's stock was trading at $48.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CWT shares have decreased by 0.1% and is now trading at $48.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for California Water Service Group.

When is California Water Service Group's next earnings date?

California Water Service Group is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for California Water Service Group.

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

California Water Service Group (NYSE:CWT) released its quarterly earnings data on Thursday, April, 30th. The utilities provider reported ($0.42) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.44. The utilities provider earned $125.56 million during the quarter, compared to the consensus estimate of $69.33 million. California Water Service Group had a return on equity of 6.69% and a net margin of 7.07%. California Water Service Group's quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.16) earnings per share. View California Water Service Group's earnings history.

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 Wednesday, April 29th. Shareholders of record on Monday, May 11th will be given a dividend of $0.213 per share on Friday, May 22nd. This represents a $0.85 annualized dividend and a dividend yield of 1.76%. The ex-dividend date is Friday, May 8th. This is a positive change from California Water Service Group's previous quarterly dividend of $0.21. View California Water Service Group's dividend history.

What price target have analysts set for CWT?

4 Wall Street analysts have issued 1-year target prices for California Water Service Group's shares. Their forecasts range from $50.00 to $56.00. On average, they anticipate California Water Service Group's share price to reach $52.67 in the next year. This suggests a possible upside of 8.9% from the stock's current price. View analysts' price targets for California Water Service Group.

Has California Water Service Group been receiving favorable news coverage?

Headlines about CWT stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news 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 closest to five being the most favorable. California Water Service Group earned a news impact score of -2.2 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days. View the latest news about California Water Service Group.

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), SJW Group (SJW), American States Water (AWR), Alibaba Group (BABA), Pfizer (PFE), Consolidated Edison (ED), Enterprise Products Partners (EPD), General Electric (GE) and Mcdonald's (MCD).

Who are California Water Service Group's key executives?

California Water Service Group's management team includes the following 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)

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 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 $48.35.

How big of a company is California Water Service Group?

California Water Service Group has a market capitalization of $2.36 billion and generates $714.56 million in revenue each year. The utilities provider earns $63.12 million in net income (profit) each year or $1.31 on an earnings per share basis. California Water Service Group employs 1,207 workers across the globe.

What is California Water Service Group's official website?

The official website for California Water Service Group is 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]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.