California Water Service Group (CWT)
| Market Cap | 3.04B |
| Revenue (ttm) | 1.03B |
| Net Income (ttm) | 201.28M |
| Shares Out | 59.47M |
| EPS (ttm) | 3.46 |
| PE Ratio | 14.77 |
| Forward PE | 23.93 |
| Dividend | $1.12 (2.19%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 199,037 |
| Open | 51.55 |
| Previous Close | 51.48 |
| Day's Range | 50.80 - 51.97 |
| 52-Week Range | 43.50 - 56.25 |
| Beta | 0.49 |
| Analysts | Hold |
| Price Target | 53.67 (+5.07%) |
| Earnings Date | Oct 31, 2024 |
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]
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 StatementsAnalyst Forecast
According to 3 analysts, the average rating for CWT stock is "Hold." The 12-month stock price forecast is $53.67, which is an increase of 5.07% from the latest price.
News
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 ...
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...
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...
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...
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...
Buy 7 October Dividend Kings, Watch 10 More
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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...
Undervalued Dividend Kings: October 2024
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EPA Names Cal Water 2024 WaterSense® Excellence Award Winner for Second Consecutive Year
SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the second year in a row, the U.S. Environmental Protection Agency (EPA) has honored California Water Service (Cal Water) with its Wa...
14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October
The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you kno...
California Water Service Launches 11th Annual School Conservation Education Program
SAN JOSE, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), in partnership with DoGoodery, has launched its 11th annual water conservation education program for schools ...
California Water Service Group: Buy It And Let It Drip
California Water Service is a Dividend King with a 57-year streak, offering a forward yield of 2.04% and a solid payout ratio of ~38%. Recent rate case approval and lower expenses have boosted EPS and...
Tortoise Capital Announces Index Updates for Third Quarter 2024 and Change of Methodology for the Tortoise North American Pipeline Indexsm (TNAP)
OVERLAND PARK, KS / ACCESSWIRE / September 13, 2024 / Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the third quarte...
Buy 7 September Dividend Kings, Watch 9 More
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sect...
Hawaii Water Service Operations Manager Recognized Nationally for Response During Lahaina Fire
SAN JOSE, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- (NYSE: CWT)—For his leadership to keep water flowing to his local communities during the devastating Lahaina wildfire last year, the National Assoc...
Newsweek names California Water Service Group One of “World's Most Trustworthy Companies”
SAN JOSE, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) has earned a spot on Newsweek's list of the “World's Most Trustworthy Companies” for the second ...
California Water Service Opens 2024 Firefighter Grant Program
SAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) opened its sixth annual Firefighter Grant Program today to fire departments in its districts, as part of its o...
California Water Service Group Named Great Place to Work® for Ninth Consecutive Year
SAN JOSE, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- For the ninth consecutive year, the Great Place to Work® Institute has named California Water Service Group (Group) (NYSE: CWT) a Great Place to Wor...
California Water Service Group Named Bay Area Top Workplace for 12th Year
SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- In recognition of the company's commitment to its employees, the San Francisco Chronicle has named California Water Service Group (Group) (NYSE: CWT...
10 Undervalued Dividend Growth Stocks: August 2024
I rank a selection of undervalued dividend growth stocks in the Dividend Radar and present the ten top-ranked stocks for consideration. To rank stocks, I do a quality assessment and sort stocks by qua...
California Water Service: Moderately Discounted Dividend King
California Water Service offers steady dividend growth, and the company is moderately discounted. CWT is a company with average financial results compared to its competitors. The company faces additio...
53 August Dividend Kings: Buy 7, Watch 9 More
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. B...
California Water Service Group (CWT) Q2 2024 Earnings Call Transcript
California Water Service Group (NYSE:CWT) Q2 2024 Results Conference Call August 1, 2024 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Ma...
California Water Service Group Reports Second Quarter Results
SAN JOSE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Wa...
California Water Service Group Board of Directors Declares 318th Consecutive Quarterly Dividend
SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- At its meeting on July 31, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 318th consecutive quarterl...