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
Stock Exchange NYSE
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
SymbolNYSE:CWT
CUSIP13078810
Phone408-367-8200
Debt
Debt-to-Equity Ratio0.60
Current Ratio0.30
Quick Ratio0.29
Price-To-Earnings
Trailing P/E Ratio29.71
Forward P/E Ratio32.64
P/E GrowthN/A
Sales & Book Value
Annual Sales$666.89 million
Price / Sales2.99
Cash Flow$3.0841 per share
Price / Cash13.44
Book Value$14.44 per share
Price / Book2.87
Profitability
EPS (Most Recent Fiscal Year)$1.40
Net Income$67.18 million
Net Margins8.55%
Return on Equity8.44%
Return on Assets2.14%
Miscellaneous
Employees1,176
Outstanding Shares48,070,000
Market Cap$1.97 billion
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 25th. Stockholders of record on Monday, August 6th will be given a dividend of $0.1875 per share on Friday, August 17th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend is Friday, August 3rd. View California Water Service Group's Dividend History.
How were California Water Service Group's earnings last quarter?
California Water Service Group (NYSE:CWT) announced its quarterly earnings data on Thursday, July, 26th. The utilities provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.35 by $0.08. The utilities provider had revenue of $172.63 million for the quarter, compared to analysts' expectations of $172.30 million. California Water Service Group had a net margin of 8.55% and a return on equity of 8.44%. The business's revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 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?
5 brokerages have issued 12 month price targets for California Water Service Group's shares. 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 year. This suggests that the stock has a possible downside of 18.5%. 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 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for California Water Service Group.
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 Basico (SBS), American States Water (AWR), SJW Group (SJW), Connecticut Water Service (CTWS), Middlesex Water (MSEX), AquaVenture (WAAS), York Water (YORW), Artesian Resources Co. Class A (ARTNA), Cadiz (CDZI), Pure Cycle (PCYO), Global Water Resources (GWRS) and Consolidated Water (CWCO).
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 & Environmental Affairs (Age 53)
Has California Water Service Group been receiving favorable news coverage?
News coverage about CWT stock has trended somewhat positive recently, Accern reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. California Water Service Group earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned news coverage about the utilities provider an impact score of 49.71 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for California Water Service Group.
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. (14.81%), Bank of New York Mellon Corp (1.41%), KBC Group NV (0.95%), Bank of America Corp DE (0.84%), Schwab Charles Investment Management Inc. (0.70%) and Personal Capital Advisors Corp (0.67%). 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 institutional investors are selling California Water Service Group stock?
CWT stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Chicago Equity Partners LLC, First Trust Advisors LP, GSA Capital Partners LLP, Raymond James Financial Services Advisors Inc., Piedmont Investment Advisors LLC, California Public Employees Retirement System and BNP Paribas Arbitrage SA. Company insiders that have sold California Water Service Group company stock in the last year include Lester A Snow and Lynne P Mcghee. View Insider Buying and Selling for California Water Service Group.
Which institutional investors are buying California Water Service Group stock?
CWT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., KBC Group NV, Cornerstone Wealth Management LLC, Water Asset Management LLC, Legal & General Group Plc, Schwab Charles Investment Management Inc., Ontario Teachers Pension Plan Board and Dynamic Technology Lab Private Ltd. 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 $41.40.
How big of a company is California Water Service Group?
California Water Service Group has a market capitalization of $1.97 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 (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.
