California Water Service Group (CWT)

NYSE: CWT · Real-Time Price · USD
46.33
-0.76 (-1.61%)
Sep 8, 2025, 4:00 PM - Market closed
-1.61%
Market Cap2.76B
Revenue (ttm)990.69M
Net Income (ttm)135.84M
Shares Out 59.58M
EPS (ttm)2.28
PE Ratio20.28
Forward PE18.17
Dividend$1.20 (2.55%)
Ex-Dividend DateAug 11, 2025
Volume213,855
Open46.94
Previous Close47.09
Day's Range46.21 - 47.08
52-Week Range41.64 - 56.25
Beta0.68
AnalystsStrong Buy
Price Target54.50 (+17.63%)
Earnings DateOct 30, 2025

About CWT

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company 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 services. It offers its services to approximately 499,400 customer connections in 100 California communities; approximately 6,700 water and wastewater customer connections on the islan... [Read more]

Sector Utilities
Founded 1926
Employees 1,278
Stock Exchange NYSE
Ticker Symbol CWT
Full Company Profile

Financial Performance

In 2024, CWT's revenue was $1.04 billion, an increase of 30.48% compared to the previous year's $794.63 million. Earnings were $190.81 million, an increase of 267.57%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for CWT stock is "Strong Buy." The 12-month stock price target is $54.5, which is an increase of 17.63% from the latest price.

Price Target
$54.5
(17.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

California Water Service Group Earns “World's Most Trustworthy Companies” Designation by Newsweek for Third Consecutive Year

Newsweek honored 61 companies in the energy and utilities category, with California Water Service Group being one of three water utilities recognized.

5 days ago - GlobeNewsWire

California Water Service Increases Rebates on Water-Efficient Devices to Encourage Customers to Save Water Every Day

SAN JOSE, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- To help encourage its customers to save more water, California Water Service (Cal Water) has increased the value of conservation rebates available ...

6 days ago - GlobeNewsWire

California Water Service: Turning The Tide On A Deeply Mispriced Defensive Staple

California Water Service Group is a top defensive pick in the water sector, offering stability, regulated revenues, and minimal competition. I project an 18% upside to $55.10 per share, driven by rate...

12 days ago - Seeking Alpha

California Water Service: Solid Yield, Decent Growth Potential

California Water Service operates a recession-proof business and has a 57-year streak of dividend increases. Despite Q2 results beating expectations, the stock has underperformed the market, creating ...

13 days ago - Seeking Alpha

Best Dividend Kings: August 2025

Dividend Kings underperformed SPY year-to-date but are showing stronger gains in August, with several stocks achieving double-digit returns in 2025. Fifteen Dividend Kings currently appear undervalued...

Other symbols: ABBVABMABTADMAWRBDXBKH
15 days ago - Seeking Alpha

California Water Service Group Earns Great Place To Work Certification™ for Tenth Consecutive Year

Great Place To Work® has again certified California Water Service Group (NYSE: CWT) for 2025, marking a decade that the company has held this distinction.

19 days ago - GlobeNewsWire

California Water Service Group (CWT) Q2 2025 Earnings Conference Call Transcript

California Water Service Group (NYSE:CWT) Q2 2025 Earnings Call July 31, 2025 11:00 AM ET Company Participants James Patrick Lynch - Senior VP, CFO, Principal Financial Officer & Treasurer Martin A. ...

5 weeks ago - Seeking Alpha

California Water Service Group Reports Second Quarter 2025 Results

SAN JOSE, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washin...

5 weeks ago - GlobeNewsWire

California Water Service Group Board of Directors Declares 322nd Consecutive Quarterly Dividend

SAN JOSE, Calif., July 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on July 30, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors declared the Company's 322nd consecutiv...

5 weeks ago - GlobeNewsWire

22 Dividend Kings At Discounted Valuations

Dividend kings can offer reliable income growth and capital appreciation, making them attractive for long-term investors. During our screening today, we have 22 dividend kings trading at what could be...

Other symbols: ABMADMAMZNAWRBDXBKHFRT
6 weeks ago - Seeking Alpha

California Water Service Partners with EDP Renewables North America on 20-Year Solar Power Agreement

SAN JOSE, Calif., July 23, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—As part of its mission to provide sustainable water utility services, California Water Service (Cal Water) has signed a 20-year power pu...

6 weeks ago - GlobeNewsWire

EDP Renewables North America Announces 20-Year PPA with California Water Service

Power purchase agreement will provide Cal Water with 20 years of on-site distributed solar power at key Bakersfield District treatment facility Renewable energy generated by the solar array is anticip...

6 weeks ago - PRNewsWire

Best Dividend Kings: July 2025

14 Dividend Kings continue to outperform the S&P 500 in 2025. Dividend growth remains healthy, with one recent increase and a collective 2025 growth rate of 5.23%. Seventeen Dividend Kings currently a...

Other symbols: ABBVABMABTADMADPAWRBDX
6 weeks ago - Seeking Alpha

California Water Service Group Awards $80,000 in Scholarships to 13 Students Set on Improving Their Communities

SAN JOSE, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Thirteen rising stars from California, Hawaii, New Mexico, and Washington who have chosen higher education to better themselves and their communitie...

2 months ago - GlobeNewsWire

California Water Service Group Schedules 2025 Second-Quarter Earnings Results Announcement and Conference Call

SAN JOSE, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 second-quarter earnings results will be released at 9:00 a.m. ET with its e...

2 months ago - GlobeNewsWire

S&P Global Retains A+/Stable Rating for California Water Service

SAN JOSE, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT) today announced that S&P Global has retained an A+/Stable credit rating for Califor...

2 months ago - GlobeNewsWire

California Water Service to Own, Operate New Silverwood Development's Wastewater and Recycled Water Systems

SAN JOSE, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- In an expansion of its wastewater and recycled water operations, California Water Service (Cal Water) has signed an agreement with an affiliate of D...

2 months ago - GlobeNewsWire

Washington Utilities and Transportation Commission Sets New Rates for Washington Water Service's Stroh's Water System to Help Keep Service Safe and Reliable

GIG HARBOR, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Washington ...

3 months ago - GlobeNewsWire

June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs

Most Dividend Kings are currently overpriced, but six offer fair value where annual dividends from $1,000 invested exceed their share price. Three top-yield Dividend Kings—Altria, Northwest Natural, a...

Other symbols: ABBVABMADMADPBDXBKHFRT
3 months ago - Seeking Alpha

California Water Service Enters into Agreement to Acquire Casa Loma Water Company and Palm Mutual Water Company

SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has signed agreements with Casa Loma Wate...

3 months ago - GlobeNewsWire

California Water Service: Quenching Thirst For Growth And Dividends With This Stock

Despite a perceived disappointing Q1 2025, California Water Service Group is undervalued relative to peers and its historical averages, offering a compelling entry point. CWT boasts consistent rate ba...

3 months ago - Seeking Alpha

California Water Service Provides 400 Students with Hands-On Learning to Care for Water Through Conservation Field Trips

SAN JOSE, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) has given more than 400 students from Chico to Los Angeles a hall pass to take their education beyond the classr...

4 months ago - GlobeNewsWire

California Water Service Group Details Progress to Reduce Environmental Footprint, Enhance Corporate Citizenship in 2024 Sustainability Report

SAN JOSE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- In its 2024 Sustainability Report and Analyst Download published today, California Water Service Group (Group) (NYSE: CWT) highlights recent and ongo...

4 months ago - GlobeNewsWire

Hawaii Public Utilities Commission Sets New Rates for Hawaii Water Service to Help Keep Ka'anapali Water System Safe and Reliable

WAIKOLOA, Hawaii, May 06, 2025 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water) has received approval from the Hawaii Public Utilities Commission (HPUC) to increase annual revenue by $276,900 i...

4 months ago - GlobeNewsWire

Buy 3 "Safer" Dividend Kings Of 25 From May's 55

The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kin...

Other symbols: ADMADPBDXBKHEDFRTFTS
4 months ago - Seeking Alpha