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

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$52.90 +0.91 (+1.75 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$52.90
Today's Range$51.90 - $52.94
52-Week Range$35.25 - $52.94
Volume190,527 shs
Average Volume211,414 shs
Market Capitalization$2.54 billion
P/E Ratio42.27
Dividend Yield1.52%
Beta0.38
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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$666.89 million
Cash Flow$3.1081 per share
Book Value$14.44 per share

Profitability

Net Income$67.18 million

Miscellaneous

Employees1,176
Market Cap$2.54 billion
Next Earnings Date2/28/2019 (Confirmed)
OptionableOptionable

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, January 30th. Shareholders of record on Monday, February 11th will be given a dividend of $0.1975 per share on Friday, February 22nd. This represents a $0.79 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Friday, February 8th. This is a boost from California Water Service Group's previous quarterly dividend of $0.19. View California Water Service Group's Dividend History.

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

California Water Service Group (NYSE:CWT) released its quarterly earnings data on Thursday, April, 26th. The utilities provider reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.10. The utilities provider had revenue of $132.25 million for the quarter, compared to analyst estimates of $113.42 million. California Water Service Group had a return on equity of 8.44% and a net margin of 8.54%. California Water Service Group's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.02 EPS. View California Water Service Group's Earnings History.

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

California Water Service Group is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for California Water Service Group.

What price target have analysts set for CWT?

5 analysts have issued 12-month target prices for California Water Service Group's shares. Their forecasts range from $33.00 to $50.00. On average, they expect California Water Service Group's stock price to reach $42.25 in the next twelve months. This suggests that the stock has a possible downside of 20.1%. 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 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for California Water Service Group.

Has California Water Service Group been receiving favorable news coverage?

Media coverage about CWT stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. California Water Service Group earned a news impact score of 1.7 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

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 American States Water (AWR), General Electric (GE), Pfizer (PFE), B&G Foods (BGS), Crown (CCK), Mcdonald's (MCD), New York Community Bancorp (NYCB), National Bank of Canada (NA), Norfolk Southern (NSC) and NCI (NCIT).

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 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. and Chief Regulatory Matters Officer (Age 62)
  • Mr. Robert J. Kuta, VP of Engineering and Chief Water Quality & Environmental Compliance Officer (Age 54)

Who are California Water Service Group's major shareholders?

California Water Service Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.54%), Dimensional Fund Advisors LP (3.33%), Northern Trust Corp (1.60%), Nuveen Asset Management LLC (1.60%), Bank of New York Mellon Corp (1.40%) and Geode Capital Management LLC (1.09%). 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 Financial Counselors Inc., Nuveen Asset Management LLC, Bank of New York Mellon Corp, KBC Group NV, Northern Trust Corp, MetLife Investment Advisors LLC, Prudential Financial Inc. and Two Sigma Advisers LP. Company insiders that have sold California Water Service Group company stock in the last year include David B Healey, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Segall Bryant & Hamill LLC, Millennium Management LLC, WINTON GROUP Ltd, Geode Capital Management LLC, Rhumbline Advisers, Citigroup Inc. and Great West Life Assurance Co. Can. 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 $52.90.

How big of a company is California Water Service Group?

California Water Service Group has a market capitalization of $2.54 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.

What is California Water Service Group's official website?

The official website for California Water Service Group is http://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]


MarketBeat Community Rating for California Water Service Group (NYSE CWT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  508
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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