California Water Service Group (CWT)
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]
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 "Buy." The 12-month stock price forecast is $52.0, which is an increase of 13.61% from the latest price.
News
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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...
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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...
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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....
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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...
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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...
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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...
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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...
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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...
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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...
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Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
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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%.
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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...
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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...
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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
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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 ...
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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...
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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...
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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...
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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...
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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...
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