California Water Service Group (CWT)

Market Cap	2.69B
Revenue (ttm)	794.63M
Net Income (ttm)	51.91M
Shares Out	57.68M
EPS (ttm)	0.91
PE Ratio	51.18
Forward PE	19.01
Dividend	$1.04 (2.23%)
Ex-Dividend Date	Feb 9, 2024

Volume	658,544
Open	45.78
Previous Close	46.23
Day's Range	45.59 - 46.96
52-Week Range	43.50 - 58.30
Beta	0.50
Analysts	Buy
Price Target	52.33 (+12.37%)
Earnings Date	Apr 25, 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...

• Industry: Utilities - Regulated Water
• Sector: Utilities
• Founded: 1926
• Employees: 1,266
• Stock Exchange: NYSE
• Ticker Symbol: CWT

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%.

Analyst Forecast

According to 4 analysts, the average rating for CWT stock is "Buy." The 12-month stock price forecast is $52.33, which is an increase of 12.37% from the latest price.

Price Target

$52.33

(12.37% upside)

Analyst Consensus: Buy