QQQ   293.48 (+1.66%)
AAPL   143.11 (+4.01%)
MSFT   260.65 (+3.20%)
FB   196.23 (+1.39%)
GOOGL   2,229.76 (+2.37%)
AMZN   2,151.14 (-0.03%)
TSLA   674.90 (+1.66%)
NVDA   168.98 (+1.22%)
BABA   87.23 (+0.51%)
NIO   16.00 (-2.68%)
AMD   95.07 (+1.68%)
CGC   5.19 (-5.98%)
MU   69.59 (+1.00%)
T   20.74 (+1.67%)
GE   75.46 (+0.28%)
F   12.83 (+2.64%)
DIS   105.83 (+3.33%)
AMC   11.58 (-3.74%)
PFE   52.88 (+0.78%)
PYPL   81.18 (+0.79%)
NFLX   187.44 (+0.58%)
QQQ   293.48 (+1.66%)
AAPL   143.11 (+4.01%)
MSFT   260.65 (+3.20%)
FB   196.23 (+1.39%)
GOOGL   2,229.76 (+2.37%)
AMZN   2,151.14 (-0.03%)
TSLA   674.90 (+1.66%)
NVDA   168.98 (+1.22%)
BABA   87.23 (+0.51%)
NIO   16.00 (-2.68%)
AMD   95.07 (+1.68%)
CGC   5.19 (-5.98%)
MU   69.59 (+1.00%)
T   20.74 (+1.67%)
GE   75.46 (+0.28%)
F   12.83 (+2.64%)
DIS   105.83 (+3.33%)
AMC   11.58 (-3.74%)
PFE   52.88 (+0.78%)
PYPL   81.18 (+0.79%)
NFLX   187.44 (+0.58%)
QQQ   293.48 (+1.66%)
AAPL   143.11 (+4.01%)
MSFT   260.65 (+3.20%)
FB   196.23 (+1.39%)
GOOGL   2,229.76 (+2.37%)
AMZN   2,151.14 (-0.03%)
TSLA   674.90 (+1.66%)
NVDA   168.98 (+1.22%)
BABA   87.23 (+0.51%)
NIO   16.00 (-2.68%)
AMD   95.07 (+1.68%)
CGC   5.19 (-5.98%)
MU   69.59 (+1.00%)
T   20.74 (+1.67%)
GE   75.46 (+0.28%)
F   12.83 (+2.64%)
DIS   105.83 (+3.33%)
AMC   11.58 (-3.74%)
PFE   52.88 (+0.78%)
PYPL   81.18 (+0.79%)
NFLX   187.44 (+0.58%)
QQQ   293.48 (+1.66%)
AAPL   143.11 (+4.01%)
MSFT   260.65 (+3.20%)
FB   196.23 (+1.39%)
GOOGL   2,229.76 (+2.37%)
AMZN   2,151.14 (-0.03%)
TSLA   674.90 (+1.66%)
NVDA   168.98 (+1.22%)
BABA   87.23 (+0.51%)
NIO   16.00 (-2.68%)
AMD   95.07 (+1.68%)
CGC   5.19 (-5.98%)
MU   69.59 (+1.00%)
T   20.74 (+1.67%)
GE   75.46 (+0.28%)
F   12.83 (+2.64%)
DIS   105.83 (+3.33%)
AMC   11.58 (-3.74%)
PFE   52.88 (+0.78%)
PYPL   81.18 (+0.79%)
NFLX   187.44 (+0.58%)
NYSE:CWT

California Water Service Group (CWT) Stock Forecast, Price & News

$53.98
+0.10 (+0.19%)
(As of 05/23/2022 12:00 AM ET)
Add
Compare
Today's Range
$53.73
$55.01
50-Day Range
$50.33
$61.72
52-Week Range
$49.84
$72.08
Volume
160,856 shs
Average Volume
267,939 shs
Market Capitalization
$2.90 billion
P/E Ratio
26.46
Dividend Yield
1.86%
Beta
0.35
30 days | 90 days | 365 days | Advanced Chart
Receive CWT News and Ratings via Email

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

California Water Service Group logo

About California Water Service Group

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company 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. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Water supply
Sub-Industry
Water Utilities
Sector
Utilities
CUSIP
13078810
Employees
1,182
Year Founded
1926

Sales & Book Value

Annual Sales
$790.91 million
Cash Flow
$4.02 per share
Book Value
$21.76 per share

Profitability

Net Income
$101.13 million
Pretax Margin
13.03%

Debt

Price-To-Earnings

Miscellaneous

Free Float
53,251,000
Market Cap
$2.90 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 5/20 Dividend
5/06/2022
Dividend Payable
5/20/2022
Today
5/23/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.68 out of 5 stars

Utilities Sector

18th out of 121 stocks

Water Supply Industry

4th out of 15 stocks

Analyst Opinion: 1.8Community Rank: 3.7Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













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

Is California Water Service Group a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Water Service Group in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" California Water Service Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CWT, but not buy additional shares or sell existing shares.
View analyst ratings for California Water Service Group
or view top-rated stocks.

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 4th 2022.
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) issued its quarterly earnings results on Thursday, April, 28th. The utilities provider reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by $0.03. The utilities provider had revenue of $172.99 million for the quarter, compared to analyst estimates of $154 million. California Water Service Group had a trailing twelve-month return on equity of 9.41% and a net margin of 12.90%. During the same period last year, the business earned ($0.06) EPS.
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 27th. Investors of record on Monday, May 9th will be paid a dividend of $0.25 per share on Friday, May 20th. This represents a $1.00 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Friday, May 6th.
View California Water Service Group's dividend history
.

Is California Water Service Group a good dividend stock?

California Water Service Group pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.86%. California Water Service Group has been increasing its dividend for 56 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of California Water Service Group is 49.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, California Water Service Group will have a dividend payout ratio of 50.00% next year. This indicates that California Water Service Group will be able to sustain or increase its dividend.
View California Water Service Group's dividend history.

What price target have analysts set for CWT?

2 equities research analysts have issued 1-year target prices for California Water Service Group's stock. Their forecasts range from $63.00 to $63.00. On average, they anticipate California Water Service Group's stock price to reach $63.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts' price targets for California Water Service Group
or view top-rated stocks among Wall Street analysts.

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 55, Pay $2.15M)
  • Mr. Thomas F. Smegal III, VP, CFO & Treasurer (Age 55, Pay $643.44k)
  • Ms. Lynne P. McGhee, VP & Gen. Counsel (Age 57, Pay $460.16k) (LinkedIn Profile)
  • Mr. Paul G. Townsley, VP of Corp. Devel. (Age 65, Pay $570.39k)
  • Mr. Robert J. Kuta, VP of Engineering and Chief Water Quality & Environmental Compliance Officer (Age 57, Pay $502.46k) (LinkedIn Profile)
  • Mr. Michael S. Mares Jr., VP of Operations (Age 55)
  • Mr. David B. Healey, VP, Corp. Controller & Assistant Treasurer (Age 66) (LinkedIn Profile)
  • Mr. Ronald D. Webb, VP & Chief Human Resource Officer (Age 65)
  • Mr. Michael B. Luu, VP of Information Technology & Chief Risk Officer (Age 42)
  • Ms. Shannon C. Dean, VP of Customer Service & Chief Citizenship Officer (Age 54)
What is Martin Kropelnicki's approval rating as California Water Service Group's CEO?

14 employees have rated California Water Service Group CEO Martin Kropelnicki on Glassdoor.com. Martin Kropelnicki has an approval rating of 100% among California Water Service Group's employees. This puts Martin Kropelnicki in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 (NCIT) (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).

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."

Who are California Water Service Group's major shareholders?

California Water Service Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.30%), Vanguard Group Inc. (11.71%), State Street Corp (7.87%), Invesco Ltd. (2.63%), Dimensional Fund Advisors LP (2.31%) and Northern Trust Corp (1.83%). Company insiders that own California Water Service Group stock include David B Healey, Elissa Y Ouyang, Gerald A Simon, Lester A Snow, Lynne P Mcghee, Michael B Luu, Michelle R Mortensen, Robert J Kuta and Terry Bayer.
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 BlackRock Inc., Nuance Investments LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, Skandinaviska Enskilda Banken AB publ , Lazard Asset Management LLC, BNP Paribas Arbitrage SA, and First Trust Advisors LP. Company insiders that have sold California Water Service Group company stock in the last year include David B Healey, Lester A Snow, Lynne P Mcghee, Michelle R Mortensen, Robert J Kuta, and Terry Bayer.
View insider buying and selling activity for California Water Service Group
or view top insider-selling stocks.

Which major investors are buying California Water Service Group stock?

CWT stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Eaton Vance Management, Healthcare of Ontario Pension Plan Trust Fund, Vanguard Group Inc., Ergoteles LLC, Northern Trust Corp, Granite Investment Partners LLC, and JPMorgan Chase & Co..
View insider buying and selling activity for California Water Service Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is California Water Service Group's stock price today?

One share of CWT stock can currently be purchased for approximately $53.98.

How much money does California Water Service Group make?

California Water Service Group has a market capitalization of $2.90 billion and generates $790.91 million in revenue each year. The utilities provider earns $101.13 million in net income (profit) each year or $2.039990 on an earnings per share basis.

How many employees does California Water Service Group have?

California Water Service Group employs 1,182 workers across the globe.

When was California Water Service Group founded?

California Water Service Group was founded in 1926.

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, via email at [email protected], or via fax at 831-427-9185.

This page was last updated on 5/23/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.