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California Water Service (CWT) Stock

Profile

Sector:

Utilities

Industry:

Water

Country:

United States

IPO:

26 March 1990

Indexes:

Not included

Description:

California Water Service Group is a holding company that, together with its subsidiaries, provides water supply and other related services in the USA. The company was founded in 1926 with headquarters in San Jose, California. California Water Service Group is involved in the purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation purposes, as well as for fire protection. The company also provides non-regulated services related to water resources, including operating municipal water supply systems, private water supply systems, and wastewater distribution systems. Additionally, the company offers services for operating water supply systems, meter reading, and billing to private companies and municipalities.

Key Details

Price

$44.33

TTM Dividend Yield

2.53%(+24.63% YoY)

PE Ratio

12.78(-77.55% YoY)

Beta

0.33

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 12, 2024
Splits

Next split:

N/A

Recent split:

June 13, 2011

Analyst ratings

Recent major analysts updates

31 July '24 Wells Fargo
Equal-Weight
26 Apr '24 Baird
Outperform
04 Apr '24 UBS
Neutral
01 Mar '24 Baird
Outperform
28 July '23 Janney Montgomery Scott
Buy
28 June '23 Wells Fargo
Equal-Weight
14 June '23 UBS
Sell
30 Nov '22 UBS
Neutral
31 Oct '22 Wells Fargo
Underweight
25 Jan '22 Seaport Global
Neutral

Market Data

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Institutional Ownership

California Water Service Awards More Than $175,000 in Grants to Seven Fire Departments
California Water Service Awards More Than $175,000 in Grants to Seven Fire Departments
California Water Service Awards More Than $175,000 in Grants to Seven Fire Departments
CWT
globenewswire.com18 December 2024

SAN JOSE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- To support local fire departments and their efforts to provide rescue and emergency services, California Water Service (Cal Water) today announced it will award more than $175,000 in grants to seven California fire departments as part of the utility's sixth annual Firefighter Grant Program.

California Water Service Group Completes Purchase of Kukui'ula South Shore Community Services' Wastewater System
California Water Service Group Completes Purchase of Kukui'ula South Shore Community Services' Wastewater System
California Water Service Group Completes Purchase of Kukui'ula South Shore Community Services' Wastewater System
CWT
globenewswire.com05 December 2024

SAN JOSE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Expanding its operations on The Garden Isle, California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) finalized the acquisition of Kukui'ula South Shore Community Services' (KSSCS) wastewater system assets yesterday.

California Water Service Group Named One of “America's Most Responsible Companies” by Newsweek for Fourth Consecutive Year
California Water Service Group Named One of “America's Most Responsible Companies” by Newsweek for Fourth Consecutive Year
California Water Service Group Named One of “America's Most Responsible Companies” by Newsweek for Fourth Consecutive Year
CWT
globenewswire.com04 December 2024

SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- As a reflection of the utility's ongoing commitment to sustainability and corporate citizenship, Newsweek today named California Water Service Group (Group) (NYSE: CWT) one of “America's Most Responsible Companies” for 2025.

California Water Leaders Heading to Palm Desert for ACWA Fall Conference
California Water Leaders Heading to Palm Desert for ACWA Fall Conference
California Water Leaders Heading to Palm Desert for ACWA Fall Conference
CWT
globenewswire.com25 November 2024

Public water agency leaders from throughout California will gather in Palm Desert Dec. 4-5 for the Assoc. of Calif. Water Agencies Fall Conference & Expo

California Water Service Group (CWT) Lags Q3 Earnings Estimates
California Water Service Group (CWT) Lags Q3 Earnings Estimates
California Water Service Group (CWT) Lags Q3 Earnings Estimates
CWT
zacks.com31 October 2024

California Water Service Group (CWT) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.60 per share a year ago.

California Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y
California Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y
California Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y
CWT
zacks.com31 October 2024

CWT's third-quarter earnings lag estimates, while revenues increase year over year by 17.5%.

NAACP Butte County Chapter Recognizes Cal Water with Award for Commitment to Supporting Oroville, Chico Communities
NAACP Butte County Chapter Recognizes Cal Water with Award for Commitment to Supporting Oroville, Chico Communities
NAACP Butte County Chapter Recognizes Cal Water with Award for Commitment to Supporting Oroville, Chico Communities
CWT
globenewswire.com21 October 2024

SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the utility's commitment to improving the lives of those in its local communities, the National Association for the Advancement of Colored People (NAACP) Butte County Chapter has honored California Water Service (Cal Water) with the 2024 Excellence in Community Grants & Scholarships Award.

Newsweek names California Water Service Group One of “America's Greenest Companies”
Newsweek names California Water Service Group One of “America's Greenest Companies”
Newsweek names California Water Service Group One of “America's Greenest Companies”
CWT
https://www.globenewswire.com/news-release/2024/10/14/2962845/0/en/Newsweek-names-California-Water-Service-Group-One-of-America-s-Greenest-Companies.html14 October 2024

SAN JOSE, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- For its commitment to and advancements in sustainability, California Water Service Group (Group) (NYSE: CWT) has been named one of “America's Greenest Companies” by Newsweek.

California Water Service Stock Gains From Organic Growth & Investment
California Water Service Stock Gains From Organic Growth & Investment
California Water Service Stock Gains From Organic Growth & Investment
CWT
zacks.com11 October 2024

CWT benefits from acquisition and investments, while dependence on a single state for the majority of its earnings is a drawback.

California Water Service Group Schedules 2024 Third Quarter Earnings Results Announcement and Conference Call
California Water Service Group Schedules 2024 Third Quarter Earnings Results Announcement and Conference Call
California Water Service Group Schedules 2024 Third Quarter Earnings Results Announcement and Conference Call
CWT
globenewswire.com10 October 2024

SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 third quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, October 31, 2024.

FAQ

  • What is the primary business of California Water Service?
  • What is the ticker symbol for California Water Service?
  • Does California Water Service pay dividends?
  • What sector is California Water Service in?
  • What industry is California Water Service in?
  • What country is California Water Service based in?
  • When did California Water Service go public?
  • Is California Water Service in the S&P 500?
  • Is California Water Service in the NASDAQ 100?
  • Is California Water Service in the Dow Jones?
  • When was California Water Service's last earnings report?
  • When does California Water Service report earnings?
  • Should I buy California Water Service stock now?

What is the primary business of California Water Service?

California Water Service Group is a holding company that, together with its subsidiaries, provides water supply and other related services in the USA. The company was founded in 1926 with headquarters in San Jose, California. California Water Service Group is involved in the purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation purposes, as well as for fire protection. The company also provides non-regulated services related to water resources, including operating municipal water supply systems, private water supply systems, and wastewater distribution systems. Additionally, the company offers services for operating water supply systems, meter reading, and billing to private companies and municipalities.

What is the ticker symbol for California Water Service?

The ticker symbol for California Water Service is NYSE:CWT

Does California Water Service pay dividends?

Yes, California Water Service pays dividends. The last payment was $0.28, with an ex-dividend date on 12 November 2024

What sector is California Water Service in?

California Water Service is in the Utilities sector

What industry is California Water Service in?

California Water Service is in the Water industry

What country is California Water Service based in?

California Water Service is headquartered in United States

When did California Water Service go public?

California Water Service's initial public offering (IPO) was on 26 March 1990

Is California Water Service in the S&P 500?

No, California Water Service is not included in the S&P 500 index

Is California Water Service in the NASDAQ 100?

No, California Water Service is not included in the NASDAQ 100 index

Is California Water Service in the Dow Jones?

No, California Water Service is not included in the Dow Jones index

When was California Water Service's last earnings report?

California Water Service's most recent earnings report was on 31 October 2024

When does California Water Service report earnings?

The next expected earnings date for California Water Service is 28 February 2025

Should I buy California Water Service stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions