S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:CWT

California Water Service Group Stock Forecast, Price & News

$61.12
-0.10 (-0.16%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
$60.89
$62.28
50-Day Range
$61.12
$71.87
52-Week Range
$51.02
$72.08
Volume
244,805 shs
Average Volume
196,350 shs
Market Capitalization
$3.22 billion
P/E Ratio
27.78
Dividend Yield
1.50%
Beta
0.18
30 days | 90 days | 365 days | Advanced Chart
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California Water Service Group logo

About California Water Service Group

California Water Service Group is a holding company, which engages in provision of water utility and other related services in California, Washington, New Mexico, and Hawaii through its wholly-owned subsidiaries. The firm 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 also provides non-regulated water-related services under agreements with municipalities and other private companies. The company was founded in 1926 and is headquartered in San Jose, CA.

Headlines

CWT Stock Crowded With Sellers
January 18, 2022 |  nasdaq.com
Reasons to Add IDACORP (IDA) to Your Portfolio Right Now
December 27, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Water supply
Sub-Industry
Water Utilities
Sector
Utilities
CUSIP
13078810
Employees
1,192
Year Founded
1926

Sales & Book Value

Annual Sales
$794.31 million
Cash Flow
$3.92 per share
Book Value
$18.49 per share

Profitability

Net Income
$96.83 million
Pretax Margin
14.20%

Debt

Price-To-Earnings

Miscellaneous

Free Float
52,103,000
Market Cap
$3.22 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 11/19 Dividend
11/05/2021
Dividend Payable
11/19/2021
Today
1/23/2022
Next Earnings (Estimated)
2/24/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.28 out of 5 stars

Utilities Sector

56th out of 120 stocks

Water Supply Industry

8th out of 15 stocks

Analyst Opinion: 1.0Community Rank: 3.7Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 0.0 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 equities research 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 buy rating for the stock. The consensus among Wall Street equities research 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.

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

California Water Service Group's stock was trading at $48.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CWT shares have increased by 26.3% and is now trading at $61.12.
View which stocks have been most impacted by COVID-19
.

Are investors shorting California Water Service Group?

California Water Service Group saw a increase in short interest in December. As of December 15th, there was short interest totaling 718,000 shares, an increase of 28.1% from the November 30th total of 560,400 shares. Based on an average daily trading volume, of 234,200 shares, the short-interest ratio is presently 3.1 days.
View California Water Service Group's Short Interest
.

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, February 24th 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, October, 28th. The utilities provider reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.41. The utilities provider had revenue of $256.72 million for the quarter, compared to analyst estimates of $252 million. California Water Service Group had a net margin of 14.02% and a trailing twelve-month return on equity of 11.39%. During the same quarter in the prior year, the business earned $1.94 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, October 27th. Investors of record on Monday, November 8th will be paid a dividend of $0.23 per share on Friday, November 19th. This represents a $0.92 annualized dividend and a yield of 1.51%. The ex-dividend date is Friday, November 5th.
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 $0.92 per share and currently has a dividend yield of 1.50%. California Water Service Group has been increasing its dividend for 55 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 41.82%. 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 48.17% 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 analysts have issued 12-month price targets for California Water Service Group's shares. 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 3.1% 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:
  • Martin A. Kropelnicki, President, Chief Executive Officer & Director
  • Michael S. Mares, Vice President-Operations
  • Thomas F. Smegal, Chief Financial Officer, Treasurer & VP
  • Michael B. Luu, Chief Risk Officer & VP-Information Technology
  • Robert J. Kuta, Chief Environmental Compliance Officer (LinkedIn Profile)

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 institutional and retail investors. Top institutional investors include Clear Harbor Asset Management LLC (0.13%), State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%), Exchange Traded Concepts LLC (0.04%), Russell Investments Group Ltd. (0.02%) and Crossmark Global Holdings Inc. (0.01%). Company insiders that own California Water Service Group stock include David B Healey, 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 institutional investors are selling California Water Service Group stock?

CWT stock was sold by a variety of institutional investors in the last quarter, including Clear Harbor Asset Management LLC, Old Port Advisors, State of Alaska Department of Revenue, 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, Gerald A Simon, Lester A Snow, Lynne P Mcghee, Michael B Luu, 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 institutional investors are buying California Water Service Group stock?

CWT stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., ACG Wealth, Veriti Management LLC, Louisiana State Employees Retirement System, Crossmark Global Holdings Inc., and Exchange Traded Concepts LLC.
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 $61.12.

How much money does California Water Service Group make?

California Water Service Group has a market capitalization of $3.22 billion and generates $794.31 million in revenue each year. The utilities provider earns $96.83 million in net income (profit) each year or $2.20 on an earnings per share basis.

How many employees does California Water Service Group have?

California Water Service Group employs 1,192 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.

Where are California Water Service Group's headquarters?

California Water Service Group is headquartered at 1720 NORTH FIRST STREET, SAN JOSE CA, 95112.

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 1/23/2022 by MarketBeat.com Staff

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