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

California Water Service Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWT."

California Water Service Group announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Monday, November 11th will be given a dividend of $0.1975 per share on Friday, November 22nd. This represents a $0.79 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, November 7th. View California Water Service Group's Dividend History.

California Water Service Group (NYSE:CWT) posted its quarterly earnings results on Thursday, October, 31st. The utilities provider reported $0.88 EPS for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.09. The utilities provider earned $232.50 million during the quarter, compared to analysts' expectations of $224.50 million. California Water Service Group had a net margin of 9.52% and a return on equity of 9.18%. California Water Service Group's revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.72 earnings per share. View California Water Service Group's Earnings History.

California Water Service Group is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for California Water Service Group.

2 brokerages have issued 12-month target prices for California Water Service Group's shares. Their forecasts range from $50.00 to $50.00. On average, they expect California Water Service Group's share price to reach $50.00 in the next twelve months. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for California Water Service Group.

2 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 for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for California Water Service Group.

News stories about CWT stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 sentiment score of 2.0 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for California Water Service Group.

California Water Service Group saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,020,000 shares, an increase of 9.8% from the December 15th total of 1,840,000 shares. Based on an average trading volume of 249,500 shares, the days-to-cover ratio is currently 8.1 days. Approximately 4.2% of the company's shares are short sold. View California Water Service Group's Current Options Chain.

Some companies that are related to California Water Service Group include American Water Works (AWK), Aqua America (WTR), American States Water (AWR), SJW Group (SJW), Middlesex Water (MSEX), Connecticut Water Service (CTWS), York Water (YORW), Artesian Resources (ARTNA), Cadiz (CDZI) and Consolidated Water (CWCO).

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), Enterprise Products Partners (EPD), General Electric (GE), Marathon Petroleum (MPC), CSX (CSX) and B&G Foods (BGS).

California Water Service Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%), Nisa Investment Advisors LLC (0.04%), Louisiana State Employees Retirement System (0.03%), 6 Meridian (0.03%), Janney Montgomery Scott LLC (0.02%) and Mission Wealth Management LP (0.01%). Company insiders that own California Water Service Group stock include David B Healey, Elissa Y Ouyang, George A Vera, Lester A Snow, Lynne P Mcghee, Michael B Luu, Peter C Nelson and Richard P Magnuson. View Institutional Ownership Trends for California Water Service Group.

CWT stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Old Port Advisors, State of Alaska Department of Revenue, Janney Montgomery Scott LLC and Enterprise Trust & Investment Co. Company insiders that have sold California Water Service Group company stock in the last year include David B Healey, Elissa Y Ouyang, Lester A Snow, Michael B Luu, Peter C Nelson and Richard P Magnuson. View Insider Buying and Selling for California Water Service Group.

CWT stock was bought by a variety of institutional investors in the last quarter, including Wedbush Securities Inc., Nisa Investment Advisors LLC, 6 Meridian and Mission Wealth Management LP. View Insider Buying and Selling for 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.

One share of CWT stock can currently be purchased for approximately $52.33.

California Water Service Group has a market capitalization of $2.52 billion and generates $698.20 million in revenue each year. The utilities provider earns $65.58 million in net income (profit) each year or $1.36 on an earnings per share basis. California Water Service Group employs 1,184 workers across the globe.View Additional Information About California Water Service Group.

The official website for California Water Service Group is http://www.calwatergroup.com/.

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]