California Water Service Group (CWT)

NYSE: CWT · Real-Time Price · USD
45.77
+0.27 (0.59%)
Feb 21, 2025, 4:00 PM EST - Market closed
0.59%
Market Cap 2.72B
Revenue (ttm) 1.03B
Net Income (ttm) 201.28M
Shares Out 59.47M
EPS (ttm) 3.46
PE Ratio 13.23
Forward PE 21.56
Dividend $1.36 (2.97%)
Ex-Dividend Date Feb 10, 2025
Volume 292,005
Open 45.73
Previous Close 45.50
Day's Range 45.35 - 46.04
52-Week Range 41.64 - 56.25
Beta 0.51
Analysts Buy
Price Target 52.00 (+13.61%)
Earnings Date Feb 27, 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 497,700 customer connections in 100 California communities; approximately 6,500 water and wastewater customer connections on the islan... [Read more]

Sector Utilities
Founded 1926
Employees 1,266
Stock Exchange NYSE
Ticker Symbol CWT
Full Company Profile

Financial Performance

In 2023, CWT's revenue was $794.63 million, a decrease of -6.12% compared to the previous year's $846.43 million. Earnings were $51.91 million, a decrease of -45.93%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CWT stock is "Buy." The 12-month stock price forecast is $52.0, which is an increase of 13.61% from the latest price.

Price Target
$52.0
(13.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

10 days 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...

14 days 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....

15 days 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...

23 days 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...

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27 days 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...

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4 weeks 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
5 weeks 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...

5 weeks 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...

5 weeks 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...

6 weeks 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...

2 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
2 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
2 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%.

2 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...

2 months ago - GlobeNewsWire

California Water Service Group Named One of “America's Most Responsible Companies” by Newsweek for Fourth Consecutive Year

SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- As a reflection of the utility's ongoing commitment to sustainability and corporate citizenship, Newsweek today named California Water Service Group...

2 months ago - GlobeNewsWire

California Water Leaders Heading to Palm Desert for ACWA Fall Conference

Public water agency leaders from throughout California will gather in Palm Desert Dec. 4-5 for the Assoc. of Calif. Water Agencies Fall Conference & Expo

3 months ago - GlobeNewsWire

California Water Service Group (CWT) Q3 2024 Earnings Call Transcript

California Water Service Group (NYSE:CWT) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer ...

4 months ago - Seeking Alpha

California Water Service Group Reports Third Quarter Results

SAN JOSE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Wa...

4 months ago - GlobeNewsWire

California Water Service Group Board of Directors Declares 319th Consecutive Quarterly Dividend

SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- At its meeting on October 30, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 319th consecutive quart...

4 months ago - GlobeNewsWire

NAACP Butte County Chapter Recognizes Cal Water with Award for Commitment to Supporting Oroville, Chico Communities

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the utility's commitment to improving the lives of those in its local communities, the National Association for the Advancement of Col...

4 months ago - GlobeNewsWire

Newsweek names California Water Service Group One of “America's Greenest Companies”

SAN JOSE, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- For its commitment to and advancements in sustainability, California Water Service Group (Group) (NYSE: CWT) has been named one of “America's Greene...

4 months ago - GlobeNewsWire

Buy 7 October Dividend Kings, Watch 10 More

A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...

Other symbols: ADMBKHEDFTSGPCHRLKO
4 months ago - Seeking Alpha

California Water Service Group Schedules 2024 Third Quarter Earnings Results Announcement and Conference Call

SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 third quarter earnings results will be released at 9:00 a.m. ET with its ea...

4 months ago - GlobeNewsWire

Undervalued Dividend Kings: October 2024

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...

Other symbols: ABBVABMABTADMAWRBDXBKH
4 months ago - Seeking Alpha