California Water Service Group (CWT)
Market Cap | 2.91B |
Revenue (ttm) | 970.03M |
Net Income (ttm) | 134.22M |
Shares Out | 59.57M |
EPS (ttm) | 2.26 |
PE Ratio | 21.54 |
Forward PE | 20.68 |
Dividend | $1.20 (2.46%) |
Ex-Dividend Date | May 12, 2025 |
Volume | 401,364 |
Open | 49.70 |
Previous Close | 50.22 |
Day's Range | 48.66 - 49.70 |
52-Week Range | 41.64 - 56.25 |
Beta | 0.70 |
Analysts | Strong Buy |
Price Target | 56.50 (+15.85%) |
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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for CWT stock is "Strong Buy." The 12-month stock price forecast is $56.5, which is an increase of 15.85% from the latest price.
News

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California Water Service Group (CWT) Q1 2025 Earnings Call Transcript
California Water Service Group (NYSE:CWT) Q1 2025 Earnings Call May 1, 2025 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Martin Kropelni...

California Water Service Group Reports First Quarter 2025 Results
SAN JOSE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Was...

California Water Service Group Board of Directors Declares 321st Consecutive Quarterly Dividend
SAN JOSE, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on April 30, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors (Board) declared the company's 321st ...

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The Dividend Kings are outperforming the S&P 500 in 2025 by 8.94%. Top performers include National Fuel & Gas (+28.88%), Consolidated Edison (+28.10%), and Middlesex Water Company (+21.00%). Promising...

California Water Service Group Earns Spot on USA Today's 2025 List of America's Climate Leaders
Ranking recognizes U.S. companies with more than $50 million in revenue that set meaningful standards for emissions reductions and demonstrate reductions.

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...

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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...

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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...

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...

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 ...

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...

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...

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...

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...

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...

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....

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...

These Could Be The 10 Best Deep Value Dividend Aristocrat Bargains For February
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Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
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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...

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...