Consolidated Water (NASDAQ:CWCO - Get Free Report) is expected to announce its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $33.60 million for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
Consolidated Water Trading Down 4.0 %
Shares of CWCO traded down $1.10 during mid-day trading on Friday, hitting $26.50. 927,872 shares of the company's stock were exchanged, compared to its average volume of 112,893. Consolidated Water has a fifty-two week low of $23.55 and a fifty-two week high of $33.34. The business's 50 day moving average is $27.01 and its two-hundred day moving average is $26.04. The firm has a market capitalization of $420.69 million, a P/E ratio of 16.36, a P/E/G ratio of 2.44 and a beta of 0.19.
Consolidated Water Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.44 dividend on an annualized basis and a yield of 1.66%. Consolidated Water's payout ratio is 27.16%.
Insider Activity
In other news, CEO Frederick W. Mctaggart sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total value of $56,000.00. Following the completion of the sale, the chief executive officer now directly owns 271,995 shares of the company's stock, valued at $7,615,860. This trade represents a 0.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 5.87% of the company's stock.
About Consolidated Water
(
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Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.
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