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NYSE:CWT

California Water Service Group (CWT) Stock Price, News & Analysis

California Water Service Group logo
$44.57 -0.18 (-0.40%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About California Water Service Group Stock (NYSE:CWT)

Key Stats

Today's Range
$44.36
$45.20
50-Day Range
$41.88
$52.01
52-Week Range
$41.64
$56.25
Volume
392,338 shs
Average Volume
280,822 shs
Market Capitalization
$2.65 billion
P/E Ratio
12.88
Dividend Yield
2.51%
Price Target
$53.25
Consensus Rating
Moderate Buy

Company Overview

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 islands of Maui, Oahu, and Hawaii; approximately 38,000 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,400 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, and Cypress Gardens systems. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties; and billing of optional third-party insurance programs to its residential customers. In addition, it provides lab, wastewater collection, and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

California Water Service Group Stock Analysis - MarketRank™

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95th Percentile Overall Score

CWT MarketRank™: 

California Water Service Group scored higher than 95% of companies evaluated by MarketBeat, and ranked 6th out of 87 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    California Water Service Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    California Water Service Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about California Water Service Group's stock forecast and price target.
  • Earnings Growth

    Earnings for California Water Service Group are expected to decrease by -26.35% in the coming year, from $3.15 to $2.32 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of California Water Service Group is 12.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.72.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of California Water Service Group is 12.88, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.13.

  • Price to Earnings Growth Ratio

    California Water Service Group has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    California Water Service Group has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about California Water Service Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.30% of the outstanding shares of California Water Service Group have been sold short.
  • Short Interest Ratio / Days to Cover

    California Water Service Group has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in California Water Service Group has recently increased by 14.27%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    California Water Service Group pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    California Water Service Group has been increasing its dividend for 58 years.

  • Dividend Coverage

    The dividend payout ratio of California Water Service Group is 32.37%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, California Water Service Group will have a dividend payout ratio of 48.28% next year. This indicates that California Water Service Group will be able to sustain or increase its dividend.

  • Read more about California Water Service Group's dividend.
  • Percentage of Shares Shorted

    1.30% of the outstanding shares of California Water Service Group have been sold short.
  • Short Interest Ratio / Days to Cover

    California Water Service Group has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in California Water Service Group has recently increased by 14.27%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    California Water Service Group has a news sentiment score of -0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for California Water Service Group this week, compared to 5 articles on an average week.
  • Search Interest

    Only 1 people have searched for CWT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added California Water Service Group to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, California Water Service Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,728.00 in company stock.

  • Percentage Held by Insiders

    Only 0.73% of the stock of California Water Service Group is held by insiders.

  • Percentage Held by Institutions

    82.78% of the stock of California Water Service Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about California Water Service Group's insider trading history.
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CWT Stock News Headlines

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Zacks Research Has Negative Forecast for CWT FY2024 Earnings
Analysts Set Expectations for CWT FY2026 Earnings
See More Headlines

CWT Stock Analysis - Frequently Asked Questions

California Water Service Group's stock was trading at $45.33 at the beginning of the year. Since then, CWT stock has decreased by 1.7% and is now trading at $44.5730.
View the best growth stocks for 2025 here
.

California Water Service Group (NYSE:CWT) issued its quarterly earnings data on Thursday, October, 31st. The utilities provider reported $1.03 earnings per share for the quarter, missing analysts' consensus estimates of $1.05 by $0.02. The firm's revenue for the quarter was up 17.5% compared to the same quarter last year.

Top institutional shareholders of California Water Service Group include Assenagon Asset Management S.A. (0.12%), Clear Harbor Asset Management LLC (0.09%), SG Americas Securities LLC (0.05%) and FARMERS & MERCHANTS TRUST Co OF LONG BEACH (0.02%). Insiders that own company stock include Thomas M Krummel, Michael B Luu, Lester A Snow, David B Healey, Robert J Kuta and Michelle R Mortensen.
View institutional ownership trends
.

Shares of CWT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that California Water Service Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), TotalEnergies (TTE), The RMR Group (RMR) and Southern First Bancshares (SFST).

Company Calendar

Last Earnings
10/31/2024
Ex-Dividend for 11/22 Dividend
11/12/2024
Dividend Payable
11/22/2024
Today
1/20/2025
Next Earnings (Estimated)
2/26/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Water supply
Sub-Industry
Water Utilities
CUSIP
13078810
Employees
1,266
Year Founded
1926

Price Target and Rating

Average Stock Price Target
$53.25
High Stock Price Target
$57.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+19.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$51.91 million
Pretax Margin
19.51%

Debt

Sales & Book Value

Annual Sales
$794.63 million
Cash Flow
$3.23 per share
Book Value
$24.78 per share

Miscellaneous

Free Float
59,039,000
Market Cap
$2.65 billion
Optionable
Optionable
Beta
0.52
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This page (NYSE:CWT) was last updated on 1/20/2025 by MarketBeat.com Staff
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