Consolidated Water Co. Ltd. (CWCO)

NASDAQ: CWCO · IEX Real-Time Price · USD
24.83
-0.12 (-0.48%)
At close: Apr 25, 2024, 4:00 PM
24.82
-0.01 (-0.04%)
After-hours: Apr 25, 2024, 6:09 PM EDT
-0.48%
Market Cap 392.37M
Revenue (ttm) 180.21M
Net Income (ttm) 29.59M
Shares Out 15.80M
EPS (ttm) 1.86
PE Ratio 13.35
Forward PE 18.80
Dividend $0.38 (1.53%)
Ex-Dividend Date Mar 28, 2024
Volume 65,116
Open 24.62
Previous Close 24.95
Day's Range 24.38 - 24.91
52-Week Range 16.50 - 38.29
Beta 0.10
Analysts Strong Buy
Price Target 24.00 (-3.34%)
Earnings Date May 13, 2024

About CWCO

Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing. The company produces potable water from seawater utilizing reverse osmosis technology and supply water to end-users, including residential, commercial, and government customers, as well as government-owned distributors. It offers design, engineer... [Read more]

Sector Utilities
Founded 1973
Employees 293
Stock Exchange NASDAQ
Ticker Symbol CWCO
Full Company Profile

Financial Performance

In 2023, CWCO's revenue was $180.21 million, an increase of 91.50% compared to the previous year's $94.10 million. Earnings were $29.59 million, an increase of 405.19%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CWCO stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is a decrease of -3.34% from the latest price.

Price Target
$24.0
(-3.34% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Consolidated Water Reports 2023 Revenue up 92% to $180.2 Million, Net Income of $30.7 Million or $1.93 per Diluted Share

“In 2023, our strong revenue and earnings growth made it the best-performing year ever for Consolidated Water,” stated company CEO, Rick McTaggart.

4 weeks ago - GlobeNewsWire

Consolidated Water Sets 2023 Full Year Operating Results Conference Call for Thursday, March 28, 2024 at 11:00 a.m. ET

GEORGE TOWN, Cayman Islands, March 19, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment...

5 weeks ago - GlobeNewsWire

Consolidated Water Declares Second Quarter Cash Dividend

GEORGE TOWN, Cayman Islands, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

2 months ago - GlobeNewsWire

Consolidated Water to Attend the 36th Annual ROTH Conference, March 17-19, 2024

GEORGE TOWN, GRAND CAYMAN, Cayman Islands, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply ...

2 months ago - GlobeNewsWire

Consolidated Water Declares First Quarter Cash Dividend

GEORGE TOWN, Cayman Islands, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

5 months ago - GlobeNewsWire

Consolidated Water Reports Third Quarter 2023 Revenue up 99% to $49.9 Million and Net Income of $8.6 Million or $0.54 per Diluted Share

GEORGE TOWN, Cayman Islands, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

6 months ago - GlobeNewsWire

Consolidated Water Group Acquires Ramey Environmental Compliance, Broadening Presence in Water-Stressed Western U.S.

GEORGE TOWN, Cayman Islands and FOUNTAIN VALLEY, Calif. and DENVER, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd.

6 months ago - GlobeNewsWire

Consolidated Water Sets Third Quarter 2023 Investor Conference Call for Friday, November 10, 2023 at 11:00 a.m. ET

GEORGE TOWN, Cayman Islands, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

6 months ago - GlobeNewsWire

Consolidated Water raises dividend to boost yield to 1.4%

Consolidated Water Co. Inc. CWCO, +1.86% said Tuesday that it raised its quarterly cash dividend by 11.8%, to 9.5 cents a share from 8.5 cents a share. Shareholders of record on Oct. 2 will be paid th...

8 months ago - Market Watch

Consolidated Water Increases Dividend and Declares Fourth Quarter Cash Dividend of $0.095 per Share

GEORGE TOWN, Cayman Islands, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

8 months ago - GlobeNewsWire

Consolidated Water to Present at the Janney Virtual Water Utilities Conference, September 21, 2023

GEORGE TOWN, Cayman Islands, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

8 months ago - GlobeNewsWire

Consolidated Water Reports Second Quarter 2023 Revenue up 110% to $44.2 Million and Net Income of $7.3 Million or $0.46 per Diluted Share

GEORGE TOWN, Cayman Islands, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

9 months ago - GlobeNewsWire

Consolidated Water to Commemorate 50th Anniversary with the Ringing of the Nasdaq Opening Bell on August 14, 2023

GEORGE TOWN, Cayman Islands, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select: CWCO), a leading global developer and operator of advanced water supply and treatment ...

9 months ago - GlobeNewsWire

Consolidated Water Sets Second Quarter 2023 Investor Conference Call for Friday, August 11, 2023 at 11:00 a.m. ET

GEORGE TOWN, Cayman Islands, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

9 months ago - GlobeNewsWire

Consolidated Water's stock shoots up toward a 15-year high as Hawaii desalination contract prompts analyst upgrade

Shares of Consolidated Water Co. Inc. CWCO, +7.34% shot up 8.2% toward a 15-year high in afternoon trading Wednesday, after the company's announcement of a desalination contract in Hawaii prompted Jan...

11 months ago - Market Watch

Consolidated Water and Subsidiary, PERC Water, Win $204 Million Contract to Design, Build, Operate and Maintain a Seawater Desalination Plant in Hawaii

GEORGE TOWN, Grand Cayman, June 06, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment pl...

11 months ago - GlobeNewsWire

Consolidated Water Declares Third Quarter Cash Dividend

GEORGE TOWN, Cayman Islands, May 30, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment p...

11 months ago - GlobeNewsWire

Consolidated Water Reports First Quarter 2023 Revenue up 68% to $32.9 Million, Driving Net Income of $3.8 Million or $0.24 per Share

GEORGE TOWN, Cayman Islands, May 15, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment p...

1 year ago - GlobeNewsWire

Consolidated Water Sets First Quarter 2023 Investor Conference Call for Tuesday, May 16, 2023 at 11:00 a.m. ET

GEORGE TOWN, Cayman Islands, May 09, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment p...

1 year ago - GlobeNewsWire

Consolidated Water Announces Passing of Richard L. Finlay, Long-Standing Director and Friend

GEORGE TOWN, Cayman Islands, April 04, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment...

1 year ago - GlobeNewsWire

Consolidated Water Reports Record 2022 Revenue up 41% to $94.1 Million, Driving Net Income of $8.2 Million or $0.54 per Share

GEORGE TOWN, Cayman Islands, March 30, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment...

1 year ago - GlobeNewsWire

Consolidated Water Sets 2022 Earnings Conference Call for Friday, March 31, 2023 at 11:00 a.m. ET

GEORGE TOWN, Cayman Islands, March 23, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment...

1 year ago - GlobeNewsWire

Consolidated Water to Meet with Investors at the 35th Annual ROTH Conference, March 12-14, 2023

GEORGE TOWN, Cayman Islands, March 03, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment...

1 year ago - GlobeNewsWire

Consolidated Water Acquires Remaining 39% Interest in PERC Water Corporation for $7.8 Million

GEORGE TOWN, Grand Cayman, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment pl...

1 year ago - GlobeNewsWire

Consolidated Water to Present at the Bank of America 2022 Water Conference on December 6, 2022

GEORGE TOWN, Cayman Islands, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment ...

1 year ago - GlobeNewsWire