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California Water Service Group NYSE:CWT Stock Report

Last Price

US$46.67

Market Cap

US$2.7b

7D

0.4%

1Y

-18.7%

Updated

27 Mar, 2024

Data

Company Financials +

California Water Service Group

NYSE:CWT Stock Report

Market Cap: US$2.7b

CWT Stock Overview

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas.

CWT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends3/6

California Water Service Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for California Water Service Group
Historical stock prices
Current Share PriceUS$46.67
52 Week HighUS$61.59
52 Week LowUS$44.83
Beta0.48
1 Month Change2.71%
3 Month Change-11.12%
1 Year Change-18.68%
3 Year Change-17.16%
5 Year Change-10.42%
Change since IPO418.56%

Recent News & Updates

California Water Service: An Undervalued Water Utility To Buy Now

Mar 02

California Water Service Group (NYSE:CWT) Will Want To Turn Around Its Return Trends

Feb 21
California Water Service Group (NYSE:CWT) Will Want To Turn Around Its Return Trends

Recent updates

California Water Service: An Undervalued Water Utility To Buy Now

Mar 02

California Water Service Group (NYSE:CWT) Will Want To Turn Around Its Return Trends

Feb 21
California Water Service Group (NYSE:CWT) Will Want To Turn Around Its Return Trends

California Water Service Group (NYSE:CWT) Not Flying Under The Radar

Jan 04
California Water Service Group (NYSE:CWT) Not Flying Under The Radar

California Water Service Group (NYSE:CWT) Is Reinvesting At Lower Rates Of Return

Nov 19
California Water Service Group (NYSE:CWT) Is Reinvesting At Lower Rates Of Return

California Water Service: A Recession-Resistant Dividend King For Your Portfolio

Nov 10

California Water Service Group Just Missed Earnings - But Analysts Have Updated Their Models

Oct 29
California Water Service Group Just Missed Earnings - But Analysts Have Updated Their Models

California Water Service: Revisiting After A 10% Drop

Aug 31

Returns On Capital At California Water Service Group (NYSE:CWT) Paint A Concerning Picture

Aug 01
Returns On Capital At California Water Service Group (NYSE:CWT) Paint A Concerning Picture

California Water Service: This Dividend King Remains Fully Valued

Jun 07

California Water Service Group's (NYSE:CWT) Dividend Will Be Increased To $0.26

Apr 30
California Water Service Group's (NYSE:CWT) Dividend Will Be Increased To $0.26

California Water Service Group (NYSE:CWT) Use Of Debt Could Be Considered Risky

Feb 24
California Water Service Group (NYSE:CWT) Use Of Debt Could Be Considered Risky

California Water Service receives approval for interim rate increases

Feb 16

California Water Service and Promise to offer flexible payment plans

Feb 07

California Water Service Group (NYSE:CWT) Is Increasing Its Dividend To $0.26

Jan 31
California Water Service Group (NYSE:CWT) Is Increasing Its Dividend To $0.26

California Water Service declares $0.26 dividend

Jan 25

Time For A Review Of California Water Service - It Remains A 'Hold'

Dec 08

California Water Service Q3 2022 Earnings Preview

Oct 26

CWT Washington Water secures regulatory approval to acquire Stroh's Water

Oct 10

Why You Can Consider Looking At California Water Service Group

Sep 26

Is California Water Service Group (NYSE:CWT) Using Too Much Debt?

Aug 03
Is California Water Service Group (NYSE:CWT) Using Too Much Debt?

California Water Service Q2 2022 Earnings Preview

Jul 27

California Water Service: Still Richly Valued, Despite Its Correction

Jul 15

CWT's Hawaii Water secures regulatory approval to acquire wastewater utility in Kauai

Jul 06

We Think California Water Service Group (NYSE:CWT) Is Taking Some Risk With Its Debt

Apr 17
We Think California Water Service Group (NYSE:CWT) Is Taking Some Risk With Its Debt

California Water Service Group (NYSE:CWT) Has Announced That It Will Be Increasing Its Dividend To US$0.25

Jan 30
California Water Service Group (NYSE:CWT) Has Announced That It Will Be Increasing Its Dividend To US$0.25

California Water Service: Do Not Buy The Dip Yet

Jan 18

Is California Water Service Group (NYSE:CWT) A Risky Investment?

Jan 17
Is California Water Service Group (NYSE:CWT) A Risky Investment?

Here's Why I Think California Water Service Group (NYSE:CWT) Might Deserve Your Attention Today

Jan 02
Here's Why I Think California Water Service Group (NYSE:CWT) Might Deserve Your Attention Today

California Water Service Group's (NYSE:CWT) Promising Earnings May Rest On Soft Foundations

Nov 04
California Water Service Group's (NYSE:CWT) Promising Earnings May Rest On Soft Foundations

California Water Service: This Dividend King Remains Richly Valued

Sep 16

Is Now The Time To Put California Water Service Group (NYSE:CWT) On Your Watchlist?

Sep 08
Is Now The Time To Put California Water Service Group (NYSE:CWT) On Your Watchlist?

Is California Water Service Group (NYSE:CWT) A Risky Investment?

Jul 07
Is California Water Service Group (NYSE:CWT) A Risky Investment?

California Water Service Group subsidiary, Hawaii Water Service to acquire HOH Utilities Company

Jun 11

Here's Why I Think California Water Service Group (NYSE:CWT) Is An Interesting Stock

Jun 06
Here's Why I Think California Water Service Group (NYSE:CWT) Is An Interesting Stock

California Water Service Q1 2021 Earnings Preview

Apr 28

Here's Why California Water Service Group (NYSE:CWT) Has A Meaningful Debt Burden

Mar 26
Here's Why California Water Service Group (NYSE:CWT) Has A Meaningful Debt Burden

Did California Water Service Group (NYSE:CWT) Insiders Sell Shares?

Mar 13
Did California Water Service Group (NYSE:CWT) Insiders Sell Shares?

Does California Water Service Group (NYSE:CWT) Deserve A Spot On Your Watchlist?

Feb 28
Does California Water Service Group (NYSE:CWT) Deserve A Spot On Your Watchlist?

Is California Water Service Group (NYSE:CWT) A Smart Pick For Income Investors?

Feb 15
Is California Water Service Group (NYSE:CWT) A Smart Pick For Income Investors?

Shareholder Returns

CWTUS Water UtilitiesUS Market
7D0.4%2.0%0.4%
1Y-18.7%-16.1%28.8%

Return vs Industry: CWT underperformed the US Water Utilities industry which returned -17.4% over the past year.

Return vs Market: CWT underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is CWT's price volatile compared to industry and market?
CWT volatility
CWT Average Weekly Movement3.4%
Water Utilities Industry Average Movement3.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: CWT has not had significant price volatility in the past 3 months.

Volatility Over Time: CWT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19261,266Marty Kropelnickihttps://www.calwatergroup.com

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.

California Water Service Group Fundamentals Summary

How do California Water Service Group's earnings and revenue compare to its market cap?
CWT fundamental statistics
Market capUS$2.69b
Earnings (TTM)US$51.91m
Revenue (TTM)US$794.63m

51.9x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CWT income statement (TTM)
RevenueUS$794.63m
Cost of RevenueUS$413.95m
Gross ProfitUS$380.69m
Other ExpensesUS$328.78m
EarningsUS$51.91m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin47.91%
Net Profit Margin6.53%
Debt/Equity Ratio86.0%

How did CWT perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

114%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.