California Water Service Group (CWT)

NYSE: CWT · Real-Time Price · USD
51.01
+0.67 (1.33%)
Apr 14, 2025, 4:00 PM EDT - Market closed
1.33%
Market Cap 3.03B
Revenue (ttm) 1.04B
Net Income (ttm) 190.81M
Shares Out 59.49M
EPS (ttm) 3.25
PE Ratio 15.49
Forward PE 21.72
Dividend $1.36 (2.67%)
Ex-Dividend Date Feb 10, 2025
Volume 389,446
Open 50.48
Previous Close 50.34
Day's Range 50.33 - 51.08
52-Week Range 41.64 - 56.25
Beta 0.55
Analysts Strong Buy
Price Target 53.67 (+5.22%)
Earnings Date May 1, 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 Forecast

According to 3 analysts, the average rating for CWT stock is "Strong Buy." The 12-month stock price forecast is $53.67, which is an increase of 5.22% from the latest price.

Price Target
$53.67
(5.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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

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

4 days ago - GlobeNewsWire

10 Dividend Aristocrats With Big Upside Potential In 2025

Despite recession fears and negative sentiment surveys, historical data and fundamentals indicate strong potential for stock market gains. Sentiment surveys are unreliable due to social media algorith...

Other symbols: ADMFRTHRLNFGNWNOSCL
16 days ago - Seeking Alpha

California Water Service Group Named One of “America's Most Trustworthy Companies” by Newsweek

SAN JOSE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- For the third consecutive year, California Water Service Group (Group) (NYSE: CWT) has earned a spot on Newsweek magazine's list of “America's Most...

19 days ago - GlobeNewsWire

2025 Dividend Kings: Strong Run Continues

The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings i...

Other symbols: ABBVABMABTADMAWRBDXBKH
24 days ago - Seeking Alpha

California Water Service Group Named a Top Workplace in the USA

SAN JOSE, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Following its recognition as a Top Workplace in the Bay Area last summer, California Water Service Group (Group) (NYSE: CWT) has earned the 2025 To...

25 days ago - GlobeNewsWire

California Water Service Group Invests $471 Million in Infrastructure in 2024 to Make Water Systems Safer, More Resilient

SAN JOSE, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- To enhance water safety and reliability for its customers and communities, California Water Service Group (Group) (NYSE: CWT) invested a record $47...

5 weeks ago - GlobeNewsWire

California Water Service: Buy This Dividend King Before The Opportunity Dries Up

Water utilities like California Water Service have seen recent underperformance, making current valuations attractive for defensive income investors. Despite a softer Q4, California Water Service had ...

5 weeks ago - Seeking Alpha

California Water Service Group Announces Addition of Kris A. Hamner as Vice President, Chief Human Resource Officer

SAN JOSE, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT) today announced that Kris A. Hamner will join the company as Vice President, Chief Huma...

6 weeks ago - GlobeNewsWire

California Water Service Group (CWT) Q4 2024 Earnings Call Transcript

California Water Service Group (NYSE:CWT) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants James Lynch - Chief Financial Officer Martin Kropelnicki - Chairman and C...

6 weeks ago - Seeking Alpha

California Water Service Group Reports Fourth Quarter and Full Year 2024 Results

SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) --  California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washi...

6 weeks ago - GlobeNewsWire

California Water Service Partners with Walmart to Expand Payment Options for Cash- and Debit Card-Paying Customers

SAN JOSE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- To better support customers who prefer to pay their bills in person with cash or debit cards, California Water Service (Cal Water) has partnered wit...

2 months ago - GlobeNewsWire

23 Upcoming Dividend Increases, Including 2 Kings

Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indica...

2 months ago - Seeking Alpha

California Water Service Group Schedules 2024 Full-Year and Fourth-Quarter Earnings Results Announcement and Conference Call

SAN JOSE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 full-year and fourth-quarter earnings results will be released at 9:00 a.m....

2 months ago - GlobeNewsWire

California Water Service Group Board of Directors Declares 320th Consecutive Quarterly Dividend and Announces One-Time Special Dividend

SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on January 29, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors (Board) declared the company's 320th...

2 months ago - GlobeNewsWire

These Could Be The 10 Best Deep Value Dividend Aristocrat Bargains For February

The market's recent pullback is over. The S&P has hit record highs, driven by strong earnings growth potential through 2027. Despite the S&P 500's historically high PEGY ratio, robust growth forecasts...

Other symbols: ABMAWRFRTGPCHRLORLI
2 months ago - Seeking Alpha

What Can The Dividend Kings Deliver In 2025?

The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by ea...

Other symbols: ABBVABMABTADMADPAWRBDX
2 months ago - Seeking Alpha

Buy 3 'Safer' Dividend Kings Of 25 From 53 For January

“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....

Other symbols: ADMAWRBKHEDFRTFTSHRL
3 months ago - Seeking Alpha

California Public Utilities Commission Grants California Water Service's Request to Postpone Cost of Capital Application to May 1, 2026

SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—The California Public Utilities Commission (CPUC) has granted the request of California Water Service (Cal Water) and three other utilit...

3 months ago - GlobeNewsWire

California Water Service Group Offering $80,000 to Students through 12th Annual College Scholarship Program

SAN JOSE, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- To help improve the quality of life in the communities it serves, California Water Service Group (Group) (NYSE: CWT) has opened its 11th annual Coll...

3 months ago - GlobeNewsWire

California Water Service Group Promotes Kenneth G. Jenkins to Vice President, Water Resources Planning and Sustainability

SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE:CWT) today announced the promotion of Kenneth G. Jenkins to the newly created position of Vice Presiden...

3 months ago - GlobeNewsWire

California Water Service Awards More Than $175,000 in Grants to Seven Fire Departments

SAN JOSE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- To support local fire departments and their efforts to provide rescue and emergency services, California Water Service (Cal Water) today announced i...

4 months ago - GlobeNewsWire

Tortoise Capital Announces Index Updates for Fourth Quarter 2024

OVERLAND PARK, KS / ACCESSWIRE / December 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarte...

Other symbols: EOSEEVGOLBSOBO
4 months ago - Accesswire

Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends

"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Secto...

Other symbols: ABBVADMBKHEDFTSHRLKMB
4 months ago - Seeking Alpha

This Water Utility Stock Trades At A Discount: Analyst

BofA Securities analyst Ross Fowler initiated coverage on California Water Service Group CWT with a Buy rating and price forecast of $57, which implies an upside potential of 17%.

4 months ago - Benzinga

California Water Service Group Completes Purchase of Kukui'ula South Shore Community Services' Wastewater System

SAN JOSE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Expanding its operations on The Garden Isle, California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) finalized the...

4 months ago - GlobeNewsWire