California Water/CWT

$53.30

1.02%
-
1D1W1MYTD1YMAX

About California Water

California Water Service Group is a holding company that provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its subsidiaries. Its business is conducted through its operating subsidiaries and provides utility services. Its business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of domestic and municipal fire protection services. It provides wastewater collection and treatment services, including treatment which allows water recycling. It also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, meter reading, and billing services. Non-regulated operations also include the lease of communication antenna sites, lab services and promotion of other non-regulated services.

Ticker

CWT

Sector

Utilities

Trading on

NYSE

Industry

Water Utilities

CEO

Martin Kropelnicki

Employees

1,266

Headquarters

San jose, United States

California Water Metrics

BasicAdvanced
$3.1B
Market cap
21.34
P/E ratio
$2.50
EPS
0.49
Beta
$1.06
Dividend rate
2.1%
Dividend yield
$3.1B
0.49364
$58.30
$43.50
391K
$1.06
0.557
0.524
71.697
90.858
42.17%
2.98%
3.31%
10.42%
3.68%
21.343
3.294
2.097
2.152
1.59%
1.99%
2.1%
16.13%
84.91%
0.01%
6.96%

What the Analysts think about California Water

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 4 analysts.
1.03% downside
High $57.00
Low $49.00
$53.30
Current price
$52.75
Average price target

California Water Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
25.82% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$271M
26.2%
Net income
$70M
132.23%
Profit margin
25.82%
84.03%

California Water Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 142.97%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.17
$0.60
$0.52
$1.21
-
Expected
$0.55
$0.74
$1.24
$0.50
$0.42
Surprise
-69.09%
-18.37%
-58.06%
142.97%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for California Water stock?

California Water (CWT) has a market cap of $3.1B as of May 22, 2024.

What is the P/E ratio for California Water stock?

The price to earnings (P/E) ratio for California Water (CWT) stock is 21.34 as of May 22, 2024.

Does California Water stock pay dividends?

Yes, the California Water (CWT) stock pays dividends to shareholders. As of May 22, 2024, the dividend rate is $1.06 and the yield is 2.1%. California Water has a payout ratio of 42.17% on a trailing twelve-month basis.

When is the next California Water dividend payment date?

The next California Water (CWT) dividend payment date is unconfirmed.

What is the beta indicator for California Water?

California Water (CWT) has a beta rating of 0.49. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the California Water stock price target?

The target price for California Water (CWT) stock is $52.75, which is 1.03% below the current price of $53.3. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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