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California Water Service Group (CWT)

Stock Price: $47.97 USD 0.42 (0.88%)
Updated Oct 23, 2020 10:41 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 2.37B
Revenue (ttm) 710.46M
Net Income (ttm) 38.73M
Shares Out 49.40M
EPS (ttm) 0.80
PE Ratio 59.96
Forward PE 27.10
Dividend $0.85
Dividend Yield 1.77%

Stock Quote

Trading Day Oct 23, 2020
Last Price $47.97
Previous Close $47.55
Change ($) 0.42
Change (%) 0.88%
Day's Open 47.68
Day's Range 47.53 - 48.26
Day's Volume 19,657
52-Week Range 39.74 - 57.36

More Stats

Market Cap 2.37B
Enterprise Value 3.44B
Earnings Date (est) Nov 6, 2020
Ex-Dividend Date Aug 7, 2020
Shares Outstanding 49.40M
Float 48.95M
EPS (basic) 1.47
EPS (diluted) 0.80
FCF / Share -2.86
Dividend $0.85
Dividend Yield 1.77%
Earnings Yield 1.67%
FCF Yield n/a
Payout Ratio 55.80%
Shares Short 856,122
Short Ratio 3.12
Short % of Float 1.75%
Beta -0.02
PE Ratio 59.96
Forward PE 27.10
P/FCF Ratio n/a
PS Ratio 3.34
PB Ratio 2.89
Revenue 710.46M
Operating Income 89.13M
Net Income 38.73M
Free Cash Flow -139.94M
Net Cash -1.07B
Net Cash / Share -21.62
Gross Margin 49.80%
Operating Margin 12.55%
Profit Margin 5.50%
FCF Margin -19.70%
ROA 1.64%
ROE 5.15%
ROIC 2.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 1
Overweight 1
Hold 2
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$51.25*
(6.84% upside)
Low
43.0
Current: $47.97
High
56.0
Target: 51.25
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue715698676609588597584560502460
Revenue Growth2.34%3.27%10.95%3.57%-1.53%2.29%4.31%11.59%9%-
Gross Profit314314312263270267249242226203
Operating Income11612914211295.6810993.0593.2090.1984.88
Net Income63.1265.5872.9448.6845.0256.7447.2548.8337.7137.66
Shares Outstanding48.1748.0648.0147.9547.8747.7946.3841.8941.7641.61
Earnings Per Share1.311.361.521.010.941.191.021.170.900.90
EPS Growth-3.68%-10.53%50.5%7.45%-21.01%16.67%-12.82%30%0%-
Dividend Per Share0.790.750.720.690.670.650.640.640.610.60
Dividend Growth5.33%4.17%4.35%2.83%4.03%0.78%0.79%3.59%2.85%-
Operating Cash Flow16917914816014512812413211175.51
Capital Expenditures-274-272-259-229-177-132-123-128-118-124
Free Cash Flow-105-92.63-111-68.10-31.55-3.831.194.32-7.21-48.38
Cash & Equivalents42.6547.1894.7825.498.8419.5927.5138.7927.2042.28
Total Debt984880807655548505481571535505
Net Cash / Debt-941-833-712-630-539-485-453-532-508-463
Assets3,1112,8382,7452,4122,2412,1871,9601,9961,8551,692
Liabilities2,3312,1082,0451,7521,5991,5611,3611,5221,4051,257
Book Value780730699659642627599474450436
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name California Water Service Group
Country United States
Employees 1,207
CEO Martin A. Kropelnicki

Stock Information

Ticker Symbol CWT
Stock Exchange New York Stock Exchange
Sector Utilities
Industry Utilities—Regulated Water
Unique Identifier NYSE: CWT

Description

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It 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. The company offers its services to approximately 486,900 customer connections in 100 California communities; approximately 5,000 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 17,700 customer connections in the Tacoma and Olympia areas in Washington; and approximately 8,300 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating municipally owned water systems, privately owned water, and recycled water distribution systems; providing water system operation, meter reading, and billing services to private companies and municipalities; leasing communication antenna sites on its properties to telecommunication companies; billing optional third-party insurance programs to its residential customers; and providing lab services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.