California Water Service Group (CWT)
| Market Cap | 2.73B |
| Revenue (ttm) | 782.03M |
| Net Income (ttm) | 92.67M |
| Shares Out | 49.58M |
| EPS (ttm) | 1.89 |
| PE Ratio | 28.79 |
| Forward PE | 32.05 |
| Dividend | $0.85 |
| Dividend Yield | 1.56% |
| Trading Day | January 15 |
| Last Price | $54.53 |
| Previous Close | $54.71 |
| Change ($) | -0.18 |
| Change (%) | -0.33% |
| Day's Open | 54.28 |
| Day's Range | 54.05 - 54.82 |
| Day's Volume | 249,767 |
| 52-Week Range | 41.47 - 56.95 |
K-12 Students and Teachers Encouraged to Engage in Water Conservation Projects K-12 Students and Teachers Encouraged to Engage in Water Conservation Projects
To combat market volatility, create a portfolio of low-beta stocks.
Here's how the 10 largest dividend-paying water utility stocks stack up.
SAN JOSE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- The American Water Works Association (AWWA) has honored California Water Service (Cal Water) and San Jose State University representatives w...
Growing Risks For Regulated Water Utility Investors
California Water Service Group (CWT) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Water supply stocks like California Water (CWT), Primo Water (PRMW), Essential Utilities (WTRG) have the potential to generate positive returns as resumption of economic activities will create...
California Water Service's (CWT) arm reaches an agreement to buy the wastewater assets of Keauhou Community Services.
WAIKOLOA, Hawaii, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), has entered into an agreement with ...
SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Signaling the company's increasing emphasis on corporate social responsibility, sustainability, and customer experience, California Water Se...
SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael B. Luu to Vice President, Information Technology...
SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- As part of its move to consolidate oversight of key functional areas, California Water Service Group (Group) (NYSE: CWT) today promoted Mich...
SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael S. Mares, Jr. from Vice President, California Op...
Promising vaccine news and hopes of further fiscal stimulus helped benchmark indexes to close at record highs, making this a prudent time to invest in names like Cabot (CBT) and Forestar (FOR)
To combat market volatility, it is of utmost importance to create a portfolio of low-beta stocks.
4 Utility Water Supply Stocks to Watch Amid Coronavirus Woes
SAN JOSE, Calif., Dec. 04, 2020 (GLOBE NEWSWIRE) -- The California Public Utilities Commission (CPUC) issued its decision yesterday on the 2018 General Rate Case and Infrastructure Improvement...
California Water Service (CWT) makes a strong case for investment, courtesy of increasing estimates, steady capital expenditure and expansion of operations through acquisitions.
California Water Service Group is a Dividend King with 53 years of consecutive annual dividend growth. The company operates in a regulated industry and grows organically and through acquisitions.
California Water Service Group (CWT) CEO Martin Kropelnicki on Q3 2020 Results - Earnings Call Transcript
California Water Service Group (CWT) delivered earnings and revenue surprises of 70.18% and 12.22%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies a...
SAN JOSE, Calif., Nov. 06, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $96.4 million or $1.94 earnings per diluted common ...
WAIKOLOA, Hawaii, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), yesterday completed the acquisition...
California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SAN JOSE, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), today announced that it has ente...
SAN JOSE, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 303rd consecutive quarterly d...
SAN JOSE, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its third quarter 2020 earnings results will be released at 9:00 a.m. ET wit...
SAN JOSE, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) -- An Administrative Law Judge with the California Public Utilities Commission (CPUC) issued a proposed decision yesterday in the 2018 General ...
California Water (CWT) completes the Palos Verdes Peninsula Water Reliability Project, which is set to support the existing 60-year-old drinking water pipeline & boost the reliability of its s...
TORRANCE, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) -- After more than 15 years of planning, two years of construction, and months of testing, California Water Service (Cal Water) has completed t...
California Water Service's (CWT) arm, New Mexico Water Service is set to buy Animas Valley Land and Water. This is likely to enhance California Water's customer base by 2,000 in northwest New ...
SAN JOSE, Calif., Oct. 05, 2020 (GLOBE NEWSWIRE) -- New Mexico Water Service (New Mexico Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), has signed a purchase agree...
WAIKOLOA, Hawaii, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), has received approval from the Haw...
SAN JOSE, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) -- As part of its commitment to help customers control both their water use and their bills, California Water Service (Cal Water) has launch...
SAN JOSE, Calif., Sept. 17, 2020 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) today announced the recipients of its second annual Firefighter Grant Program, to support the needs ...
SAN JOSE, Calif., Sept. 10, 2020 (GLOBE NEWSWIRE) -- For the utility’s ongoing commitment to employees in its four subsidiaries, the Great Place to Work® Institute has certified California W...
SAN JOSE, Calif., Sept. 02, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) and its subsidiaries in California, Hawaii, New Mexico, and Washington today finalized...
SAN JOSE, Calif., Aug. 31, 2020 (GLOBE NEWSWIRE) -- The Bay Area News Group has named California Water Service Group (Group) (NYSE: CWT) one of the Top Workplaces in the Bay Area for the nin...
California Water Service Group Honored as Silver Stevie® Award Winner for COVID-19 Employer Response
SAN JOSE, Calif., Aug. 18, 2020 (GLOBE NEWSWIRE) -- For its comprehensive efforts to keep employees safe and informed through the coronavirus pandemic, California Water Service Group (Group)...
Water Conservation by Customers Also Eases Strain on Electrical Grid Water Conservation by Customers Also Eases Strain on Electrical Grid
Among the goals set out by presidential candidate Joe Biden in his infrastructure and clean energy plan is “ensuring clean, safe drinking water” in every American community.
California Water Service Group's Low Volatility Returns Cannot Compensate A Potential Valuation Compression Risk
SAN JOSE, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced awards totaling $80,000 in college scholarships for students living in ...
California Water Service Group's (CWT) CEO Martin Kropelnicki on Q2 2020 Results - Earnings Call Transcript
California Water Service Group (CWT) delivered earnings and revenue surprises of -80.36% and -14.40%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahe...
SAN JOSE, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $5.3 million or $0.11 earnings per diluted common...
SAN JOSE, Calif., July 29, 2020 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 302nd consecutive quarterly...
California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
More choppiness should be expected as more companies declare their quarterly results throughout the week. Our deep learning algorithms have gone through the data and used Artificial Intelligen...
About CWT
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 H... [Read more...]
| Industry Utilities-Regulated Water | Founded 1926 |
| CEO Martin Kropelnicki | Employees 1,224 |
| Stock Exchange NYSE | Ticker Symbol CWT |
Financial Performance
In 2019, CWT's revenue was $714.56 million, an increase of 2.34% compared to the previous year's $698.20 million. Earnings were $63.12 million, a decrease of -3.76%.
Analyst Forecasts
According to 6 analysts, the average rating for CWT stock is "Hold." The 12-month stock price forecast is 50.40, which is a decrease of -7.57% from the latest price.