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California Water Service Group (CWT)

Stock Price: $54.53 USD -0.18 (-0.33%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
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

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GlobeNewsWire - 2 days ago

K-12 Students and Teachers Encouraged to Engage in Water Conservation Projects K-12 Students and Teachers Encouraged to Engage in Water Conservation Projects

Zacks Investment Research - 2 weeks ago

To combat market volatility, create a portfolio of low-beta stocks.

Other stocks mentioned: EGOV, INVA, OMI, VSTO
The Motley Fool - 3 weeks ago

Here's how the 10 largest dividend-paying water utility stocks stack up.

Other stocks mentioned: ARTNA, AWK, AWR, GWRS, MSEX, SBS, SJW, WTRG, YORW
GlobeNewsWire - 3 weeks ago

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...

Seeking Alpha - 3 weeks ago

Growing Risks For Regulated Water Utility Investors

Other stocks mentioned: AQN, ARTNA, AWK, AWR, CWCO, MSEX, SJW, WTRG, YORW
Zacks Investment Research - 3 weeks ago

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.

Zacks Investment Research - 1 month ago

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...

Other stocks mentioned: PRMW, WTRG
Zacks Investment Research - 1 month ago

California Water Service's (CWT) arm reaches an agreement to buy the wastewater assets of Keauhou Community Services.

GlobeNewsWire - 1 month ago

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 ...

GlobeNewsWire - 1 month ago

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...

GlobeNewsWire - 1 month ago

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...

GlobeNewsWire - 1 month ago

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...

GlobeNewsWire - 1 month ago

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...

Zacks Investment Research - 1 month ago

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)

Other stocks mentioned: CASH, CBT, CTB, FOR
Zacks Investment Research - 1 month ago

To combat market volatility, it is of utmost importance to create a portfolio of low-beta stocks.

Other stocks mentioned: EGOV, INVA, OMI, SMP
Zacks Investment Research - 1 month ago

4 Utility Water Supply Stocks to Watch Amid Coronavirus Woes

Other stocks mentioned: AWK, PRMW, WTRG
GlobeNewsWire - 1 month ago

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...

Zacks Investment Research - 1 month ago

California Water Service (CWT) makes a strong case for investment, courtesy of increasing estimates, steady capital expenditure and expansion of operations through acquisitions.

Seeking Alpha - 1 month ago

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.

Seeking Alpha - 2 months ago

California Water Service Group (CWT) CEO Martin Kropelnicki on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

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...

GlobeNewsWire - 2 months ago

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 ...

GlobeNewsWire - 2 months ago

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...

Zacks Investment Research - 2 months ago

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.

GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 3 months ago

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...

GlobeNewsWire - 3 months ago

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 ...

Zacks Investment Research - 3 months ago

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...

GlobeNewsWire - 3 months ago

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...

Zacks Investment Research - 3 months ago

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 ...

GlobeNewsWire - 3 months ago

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...

GlobeNewsWire - 3 months ago

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...

GlobeNewsWire - 3 months ago

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...

GlobeNewsWire - 3 months ago

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 ...

GlobeNewsWire - 4 months ago

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...

GlobeNewsWire - 4 months ago

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...

GlobeNewsWire - 4 months ago

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...

GlobeNewsWire - 4 months ago

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)...

GlobeNewsWire - 4 months ago

Water Conservation by Customers Also Eases Strain on Electrical Grid Water Conservation by Customers Also Eases Strain on Electrical Grid

24/7 Wall Street - 5 months ago

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.

Other stocks mentioned: AQUA, AWK, AWR, FRTA, SJW, WTRG, WTS
Seeking Alpha - 5 months ago

California Water Service Group's Low Volatility Returns Cannot Compensate A Potential Valuation Compression Risk

GlobeNewsWire - 5 months ago

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 ...

Seeking Alpha - 5 months ago

California Water Service Group's (CWT) CEO Martin Kropelnicki on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

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...

GlobeNewsWire - 5 months ago

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...

GlobeNewsWire - 5 months ago

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...

Zacks Investment Research - 5 months ago

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.

Forbes - 6 months ago

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...

Other stocks mentioned: ABBV, CTL, D, MNST
24/7 Wall Street - 6 months ago

Regulated utility company stocks are not usually cheap. They don’t pay huge dividends and, while a handful are billion-dollar firms, only two have market caps in the double-digit billions.

Other stocks mentioned: AWK, AWR, SJW, WTRG, WTS

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$50.40
(-7.57% downside)
Analyst Consensus: Hold