California Water Service Group（WT5）株式概要カリフォルニア・ウォーター・サービス・グループはその子会社を通じて、カリフォルニア州、ワシントン州、ニューメキシコ州、ハワイ州、テキサス州で水道事業やその他の関連サービスを提供している。 詳細WT5 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長2/6過去の実績2/6財務の健全性1/6配当金4/6報酬収益は年間15.8%増加すると予測されています リスク分析利払いは収益で十分にカバーされない 2.82%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るWT5 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€41.405.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture01b2016201920222025202620282031Revenue US$1.4bEarnings US$165.7mAdvancedSet Fair ValueView all narrativesCalifornia Water Service Group 競合他社Fernheizwerk NeuköllnSymbol: DB:FHWMarket cap: €43.7mMVV EnergieSymbol: XTRA:MVV1Market cap: €2.0bMainovaSymbol: DB:MNV6Market cap: €2.7bLechwerkeSymbol: DB:LECMarket cap: €2.4b価格と性能株価の高値、安値、推移の概要California Water Service Group過去の株価現在の株価US$41.4052週高値US$42.7652週安値US$36.06ベータ0.521ヶ月の変化10.11%3ヶ月変化6.43%1年変化6.48%3年間の変化-12.66%5年間の変化n/aIPOからの変化-16.87%最新ニュースNew Risk • May 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €315k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€315k sold).お知らせ • May 01California Water Service Group announces Quarterly dividend, payable on May 22, 2026California Water Service Group announced Quarterly dividend of USD 0.3350 per share payable on May 22, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.お知らせ • Apr 10California Water Service Group to Report Q1, 2026 Results on Apr 30, 2026California Water Service Group announced that they will report Q1, 2026 results at 9:00 AM, Eastern Daylight on Apr 30, 2026お知らせ • Apr 09California Water Service Group, Annual General Meeting, May 20, 2026California Water Service Group, Annual General Meeting, May 20, 2026.お知らせ • Mar 18California Water Service Group Receives Proposed Decision on 2024 California General Rate CaseThe California Public Utilities Commission has issued a proposed decision (PD) on the 2024 General Rate Case of California Water Service, the largest subsidiary of California Water Service Group. The PD authorizes additional revenues for the company over the next three years, with rate increases of 11.1% in 2026, 5.5% in 2027, and 5.4% in 2028. The PD also reauthorizes a Monterey-Style Water Revenue Adjustment Mechanism and water production incremental cost balancing accounts, establishes a sales reconciliation mechanism, and approves a rate design to better enable the company to recover fixed costs regardless of water sales. Written comments are due by April 2, 2026, and oral arguments have yet to be scheduled. The final decision is expected to be adopted at the Commission's meeting on April 30, 2026, or shortly thereafter.お知らせ • Feb 26California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million.California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million on February 25, 2026. The purchase price of approximately $218 million is subject to typical closing adjustments and will be funded with working capital and existing debt and equity facilities. The transaction is subject to approval from applicable public utility commissions and has been unanimously approved by the Boards of Directors of both Company and Nexus Water Group. The deal has been unanimously approved by the board. he Company expects to complete the transaction by the end of 2026. The transaction is expected to be expects it to be accretive to existing operations within a year of closing. Baker & McKenzie LLP acted as legal counsel for California Water Service Group.最新情報をもっと見るRecent updatesNew Risk • May 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €315k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€315k sold).お知らせ • May 01California Water Service Group announces Quarterly dividend, payable on May 22, 2026California Water Service Group announced Quarterly dividend of USD 0.3350 per share payable on May 22, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.お知らせ • Apr 10California Water Service Group to Report Q1, 2026 Results on Apr 30, 2026California Water Service Group announced that they will report Q1, 2026 results at 9:00 AM, Eastern Daylight on Apr 30, 2026お知らせ • Apr 09California Water Service Group, Annual General Meeting, May 20, 2026California Water Service Group, Annual General Meeting, May 20, 2026.お知らせ • Mar 18California Water Service Group Receives Proposed Decision on 2024 California General Rate CaseThe California Public Utilities Commission has issued a proposed decision (PD) on the 2024 General Rate Case of California Water Service, the largest subsidiary of California Water Service Group. The PD authorizes additional revenues for the company over the next three years, with rate increases of 11.1% in 2026, 5.5% in 2027, and 5.4% in 2028. The PD also reauthorizes a Monterey-Style Water Revenue Adjustment Mechanism and water production incremental cost balancing accounts, establishes a sales reconciliation mechanism, and approves a rate design to better enable the company to recover fixed costs regardless of water sales. Written comments are due by April 2, 2026, and oral arguments have yet to be scheduled. The final decision is expected to be adopted at the Commission's meeting on April 30, 2026, or shortly thereafter.お知らせ • Feb 26California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million.California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million on February 25, 2026. The purchase price of approximately $218 million is subject to typical closing adjustments and will be funded with working capital and existing debt and equity facilities. The transaction is subject to approval from applicable public utility commissions and has been unanimously approved by the Boards of Directors of both Company and Nexus Water Group. The deal has been unanimously approved by the board. he Company expects to complete the transaction by the end of 2026. The transaction is expected to be expects it to be accretive to existing operations within a year of closing. Baker & McKenzie LLP acted as legal counsel for California Water Service Group.お知らせ • Feb 06California Water Service Group to Report Q4, 2025 Results on Feb 26, 2026California Water Service Group announced that they will report Q4, 2025 results After-Market on Feb 26, 2026お知らせ • Jan 29California Water Service Group Declares Quarterly Dividend, Payable on February 20, 2026California Water Service Group declared its 324th consecutive quarterly dividend in the amount of $0.3350 per common share, payable on February 20, 2026, to stockholders of record as of the close of business on February 9, 2026. The quarterly dividend increase follows the Board of Directors’ announcement of its intent to increase the annual dividend by 8% or $0.10 per common share to $1.34, compared to the $1.20 annual dividend and $0.04 special dividend paid in 2025.お知らせ • Jan 08California Water Service Group Announces Executive Appointments, Effective January 1, 2026California Water Service Group announced the promotion of Todd K. Peters to Vice President, Engineering and Thomas A. Scanlon to Vice President, Corporate Controller and Chief Accounting Officer, effective January 1, 2026. Peters began his career at the Company in 1993 and has held various positions, the most recent of which was Chief Engineering Officer. He holds a Bachelor of Science Degree in Civil Engineering from San Jose State University and is a licensed Professional Engineer in California, Hawaii, New Mexico, Texas, and Washington. Scanlon joined the team in 2010 and most recently served as Corporate Controller and Chief Accounting Officer. He holds a Bachelor of Science Degree in Finance from Marquette University and a Master of Business Administration from the University of Illinois. He is also a Certified Public Accountant.お知らせ • Oct 30California Water Service Group Declares Quarterly Dividend, Payable on November 21, 2025At its meeting on October 29, 2025, the California Water Service Group Board of Directors declared the Company’s 323rd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on November 21, 2025, to stockholders of record as of the close of business on November 10, 2025.お知らせ • Oct 10California Water Service Group to Report Q3, 2025 Results on Oct 30, 2025California Water Service Group announced that they will report Q3, 2025 results at 9:00 AM, US Eastern Standard Time on Oct 30, 2025お知らせ • Jul 31California Water Service Declares Quarterly Dividend, payable on August 22, 2025The Board of Directors of California Water Service Group at its meeting on July 30, 2025 declared the Company’s 322nd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on August 22, 2025, to stockholders of record as of the close of business on August 11, 2025.お知らせ • Jul 11California Water Service Group to Report Q2, 2025 Results on Jul 31, 2025California Water Service Group announced that they will report Q2, 2025 results at 9:00 AM, US Eastern Standard Time on Jul 31, 2025お知らせ • Jun 30+ 5 more updatesCalifornia Water Service Group(NYSE:CWT) dropped from Russell 3000 Growth IndexCalifornia Water Service Group(NYSE:CWT) dropped from Russell 3000 Growth Indexお知らせ • May 15California Water Service Group has filed a Follow-on Equity Offering in the amount of $350 million.California Water Service Group has filed a Follow-on Equity Offering in the amount of $350 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offeringお知らせ • May 01California Water Service Group Declares Quarterly Dividend, Payable on May 23, 2025At its meeting on April 30, 2025, the California Water Service Group (Company) Board of Directors (Board) declared the company's 321st consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on May 23, 2025, to stockholders of record as of the close of business on May 12, 2025.お知らせ • Apr 11California Water Service Group to Report Q1, 2025 Results on May 01, 2025California Water Service Group announced that they will report Q1, 2025 results at 9:00 AM, US Eastern Standard Time on May 01, 2025お知らせ • Feb 28+ 1 more updateCalifornia Water Service Group, Annual General Meeting, May 28, 2025California Water Service Group, Annual General Meeting, May 28, 2025.お知らせ • Feb 07California Water Service Group to Report Q4, 2024 Results on Feb 27, 2025California Water Service Group announced that they will report Q4, 2024 results at 9:00 AM, US Eastern Standard Time on Feb 27, 2025お知らせ • Jan 31California Water Service Group Declares One-Time Special Dividend, Payable on February 21, 2025California Water Service Group announced that at its meeting on January 29, 2025, the California Water Service Group Board of Directors (Board) declared a one-time special dividend in the amount of $0.04 per common share. The special one-time dividend will be payable on February 21, 2025, to stockholders of record as of the close of business on February 10, 2025.お知らせ • Jan 30California Water Service Group Declares Quarterly Dividend, Payable on February 21, 2025At its meeting on January 29, 2025, the California Water Service Group's Board of Directors declared the company's 320th consecutive quarterly dividend in the amount of $0.30 per common share, this reflects an $0.08 annual increase that is expected to yield an annual dividend of $1.20. The quarterly dividend will be payable on February 21, 2025, to stockholders of record as of the close of business on February 10, 2025.Declared Dividend • Nov 04Third quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 12th November 2024 Payment date: 22nd November 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 13% over the next 3 years. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.03 (vs US$0.60 in 3Q 2023)Third quarter 2024 results: EPS: US$1.03 (up from US$0.60 in 3Q 2023). Revenue: US$299.6m (up 18% from 3Q 2023). Net income: US$60.7m (up 76% from 3Q 2023). Profit margin: 20% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Global Water Utilities industry.お知らせ • Oct 31California Water Service Group Declares Quarterly Dividend, Payable on November 22, 2024At its meeting on October 30, 2024, the California Water Service Group Board of Directors declared the company's 319th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on November 22, 2024 to stockholders of record as of the close of business on November 12, 2024.お知らせ • Oct 11California Water Service Group to Report Q3, 2024 Results on Oct 31, 2024California Water Service Group announced that they will report Q3, 2024 results at 9:00 AM, US Eastern Standard Time on Oct 31, 2024お知らせ • Aug 24California Water Service Group Announces the Retirement of Ronald D. Webb as Vice President, Chief Human Resource Officer, Effective March 31, 2025On August 22, 2024, after 10 years of service, Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025 (the “retirement date”).Declared Dividend • Aug 05Second quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 12th August 2024 Payment date: 23rd August 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.7% over the next 3 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.70 (vs US$0.17 in 2Q 2023)Second quarter 2024 results: EPS: US$0.70 (up from US$0.17 in 2Q 2023). Revenue: US$244.3m (up 26% from 2Q 2023). Net income: US$40.6m (up 324% from 2Q 2023). Profit margin: 17% (up from 4.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Water Utilities industry.お知らせ • Aug 01California Water Service Group Declares 318th Consecutive Quarterly Dividend, Payable on August 23, 2024At its meeting on July 31, 2024, the California Water Service Group Board of Directors declared the company's 318th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on August 23, 2024 to stockholders of record as of the close of business on August 12, 2024.お知らせ • Jul 12California Water Service Group to Report Q2, 2024 Results on Aug 01, 2024California Water Service Group announced that they will report Q2, 2024 results at 9:00 AM, US Eastern Standard Time on Aug 01, 2024Declared Dividend • Apr 29First quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 3rd May 2024 Payment date: 17th May 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: US$1.21 (vs US$0.40 loss in 1Q 2023)First quarter 2024 results: EPS: US$1.21 (up from US$0.40 loss in 1Q 2023). Revenue: US$270.7m (up 107% from 1Q 2023). Net income: US$69.9m (up US$92.1m from 1Q 2023). Profit margin: 26% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.お知らせ • Apr 25California Water Service Group Declares Quarterly Dividend, Payable on May 17, 2024At its meeting on April 24, 2024, the Board of Directors of California Water Service Group declared the company's 317th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on May 17, 2024 to stockholders of record as of the close of business on May 6, 2024.お知らせ • Apr 19California Water Service Group, Annual General Meeting, May 29, 2024California Water Service Group, Annual General Meeting, May 29, 2024, at 09:30 Pacific Standard Time. Agenda: To consider Election of the eleven directors named in the Proxy Statement; to consider An advisory vote to approve executive compensation; to consider Ratification of the selection of Deloitte & Touche LLP as the Group's independent registered public accounting firm for 2024; to consider Approval of Group's 2024 Equity Incentive Plan; to consider Such other business as may properly come before the Annual Meeting.お知らせ • Apr 05California Water Service Group to Report Q1, 2024 Results on Apr 25, 2024California Water Service Group announced that they will report Q1, 2024 results at 9:00 AM, US Eastern Standard Time on Apr 25, 2024Reported Earnings • Mar 01Full year 2023 earnings released: EPS: US$0.91 (vs US$1.77 in FY 2022)Full year 2023 results: EPS: US$0.91 (down from US$1.77 in FY 2022). Revenue: US$794.6m (down 6.1% from FY 2022). Net income: US$51.9m (down 46% from FY 2022). Profit margin: 6.5% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry.お知らせ • Feb 09California Water Service Group to Report Q4, 2023 Results on Feb 29, 2024California Water Service Group announced that they will report Q4, 2023 results at 9:00 AM, US Eastern Standard Time on Feb 29, 2024Upcoming Dividend • Feb 02Upcoming dividend of US$0.28 per share at 2.3% yieldEligible shareholders must have bought the stock before 09 February 2024. Payment date: 23 February 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.4%).Declared Dividend • Jan 29Third quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 9th February 2024 Payment date: 23rd February 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (140% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. EPS is expected to grow by 94% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Jan 26California Water Service Group Declares Quarterly Dividend, Payable on February 23, 2024At its meeting on January 25, 2024, the California Water Service Group Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12. This represents the company’s 57th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 23, 2024 to stockholders of record as of the close of business on February 12, 2024.お知らせ • Jan 04California Water Service Group Announces CFO ChangesCalifornia Water Service Group announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company Chief Financial Officer effective January 3, 2024. He succeeds Chief Financial Officer David B. Healey. Mr. Healey will serve as Principal Financial Officer on an interim basis, ensuring a smooth transition and supporting the company in its fiscal year 2023 financial reporting. Mr. Lynch is an accomplished senior executive and seasoned finance leader with more than 22 years of experience in the water utility industry, including 12 years at SJW Group where he served as Chief Accounting Officer and, prior to that, Chief Financial Officer, and Treasurer. Before joining SJW Group, Mr. Lynch spent 14 years as an Audit Partner at KPMG, LLP, where he served as a lead audit partner on a portfolio of international and domestic publicly traded and privately held companies, including five years as independent audit partner for SJW Group and California Water Service Group. A Santa Clara University alumnus, Mr. Lynch served as a member of the Santa Clara University Accounting Advisory Board and currently serves on the board of directors of Children’s Health Council. He is also a Certified Public Accountant.お知らせ • Oct 27California Water Service Group Announces Election of Jeffrey Kightlinger to Board of DirectorsCalifornia Water Service Group announced the election of Jeffrey Kightlinger, 63, to the Group’s Board of Directors, effective November 1, 2023. Kightlinger has the distinction of having been the longest serving Chief Executive Officer of the Metropolitan Water District of Southern California, the municipal water supplier in the nation. In this capacity, he oversaw the agency’s $1.8 billion budget along with water and power operations serving 19 million residents in Southern California. During his tenure, he negotiated strategic agreements on the Colorado River and the 50-year renewal of Hoover Dam hydroelectric power. He also took a leadership role in supporting a plan to build twin tunnels under the Sacramento-San Joaquin Delta to keep water flowing to Southern California while protecting endangered species. A renowned expert in water law, particularly Colorado River law, Kightlinger now owns Acequia Consulting, LLC, which provides strategic advice on water and energy issues. He has an undergraduate degree from the University of California at Berkeley and a law degree from Santa Clara University.New Risk • Oct 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.3% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 140% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (5.3% net profit margin). Shareholders have been diluted in the past year (5.3% increase in shares outstanding).Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: US$0.60 (vs US$1.04 in 3Q 2022)Third quarter 2023 results: EPS: US$0.60 (down from US$1.04 in 3Q 2022). Revenue: US$255.0m (down 4.3% from 3Q 2022). Net income: US$34.4m (down 38% from 3Q 2022). Profit margin: 14% (down from 21% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Water Utilities industry.お知らせ • Oct 26California Water Service Group Declares Quarterly Dividend, Payable on November 17, 2023At its meeting held on October 25, 2023, the California Water Service Group Board of Directors declared the company's 315th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on November 17, 2023, to stockholders of record as of the close of business on November 6, 2023.お知らせ • Oct 06California Water Service Group to Report Q3, 2023 Results on Oct 26, 2023California Water Service Group announced that they will report Q3, 2023 results at 9:00 AM, US Eastern Standard Time on Oct 26, 2023New Risk • Jul 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 90% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (6.2% increase in shares outstanding).お知らせ • Jul 28California Water Service Group Declares Quarterly Dividend, Payable on August 18, 2023California Water Service Group Board of Directors declared the company's 314th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on August 18, 2023 to stockholders of record as of the close of business on August 7, 2023.Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.36 in 2Q 2022)Second quarter 2023 results: EPS: US$0.17 (down from US$0.36 in 2Q 2022). Revenue: US$194.0m (down 5.9% from 2Q 2022). Net income: US$9.56m (down 51% from 2Q 2022). Profit margin: 4.9% (down from 9.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Water Utilities industry.お知らせ • Jul 07California Water Service Group to Report Q2, 2023 Results on Jul 27, 2023California Water Service Group announced that they will report Q2, 2023 results at 9:00 AM, US Eastern Standard Time on Jul 27, 2023お知らせ • Jul 06California Water Service Group Announces Election of Charles R. Patton to Board of DirectorsCalifornia Water Service Group (Group) announced the election of Charles R. Patton, 64, to the Group’s Board of Directors, effective July 1, 2023. Prior to his retirement in July 2022, Patton served as Executive Vice President, External Affairs, at American Electric Power Company Inc. (AEP), which serves nearly 5.5 million customers across 11 states. In this capacity, he was responsible for customer service, regulatory affairs, communications, and federal public policy. He also led corporate sustainability initiatives and AEP’s compliance program to satisfy the requirements of the North American Electric Reliability Corporation, a non-for-profit international regulatory authority whose mission is to assure the effective and efficient reduction of risks to the reliability and security of the electrical grid. Currently, Patton serves as an independent director of Ameresco Inc. and Sterling Construction Company. He holds a Bachelor’s Degree from Bowdoin College in Brunswick, Maine, and a Master’s Degree from the Lyndon B. Johnson School of Public Policy at the University of Texas at Austin.お知らせ • Jun 02California Water Service Group Announces Executive PromotionsCalifornia Water Service Group announced that it has promoted Michael B. Luu to Senior Vice President, Corporate Services & Chief Risk Officer. As Senior Vice President, he is responsible for overseeing key corporate departments, including business development, information technology, engineering, water quality and environmental assurance, and emergency preparedness, safety, and security. Michael joined the company’s Information Technology Department in 1999. He has held various positions during his tenure, including Director of Information Technology, Interim District Manager, and Vice President, Information Technology & Customer Service. Most recently, he served as Vice President, Information Technology & Chief Risk Officer. He holds a Master’s Degree in Business Administration and a Bachelor’s Degree in Management Information Systems, both from San Jose State University. Group also announced that California Water Service (Cal Water), a subsidiary of Group, promoted Shilen M. Patel to Chief Business Development Officer, effective June 1, 2023. Prior to joining Cal Water in July 2019, Shilen served as Director, Strategy & Development at Veolia North America. A seasoned professional with more than 18 years of progressive business development and corporate strategy experience, he holds a Bachelor’s Degree in Economics and Political Science from UC Santa Barbara and is expected to complete a Master of Business Administration from Santa Clara University at the end of 2023.Recent Insider Transactions • May 06Insider recently sold €52k worth of stockOn the 5th of May, Robert Kuta sold around 1k shares on-market at roughly €51.54 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €484k more than they bought in the last 12 months.Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.40 loss per share (vs US$0.02 profit in 1Q 2022)First quarter 2023 results: US$0.40 loss per share (down from US$0.02 profit in 1Q 2022). Revenue: US$131.1m (down 24% from 1Q 2022). Net loss: US$22.2m (down US$23.3m from profit in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.40 loss per share (vs US$0.02 profit in 1Q 2022)First quarter 2023 results: US$0.40 loss per share (down from US$0.02 profit in 1Q 2022). Revenue: US$131.1m (down 24% from 1Q 2022). Net loss: US$22.2m (down US$23.3m from profit in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.Reported Earnings • Mar 03Full year 2022 earnings released: EPS: US$1.77 (vs US$1.96 in FY 2021)Full year 2022 results: EPS: US$1.77 (down from US$1.96 in FY 2021). Revenue: US$846.4m (up 7.0% from FY 2021). Net income: US$96.0m (down 5.1% from FY 2021). Profit margin: 11% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.お知らせ • Feb 14California Water Service Group to Report Q4, 2022 Results on Mar 01, 2023California Water Service Group announced that they will report Q4, 2022 results on Mar 01, 2023お知らせ • Jan 31California Water Service Group Announces Executive ChangesCalifornia Water Service Group announced that Shawn C. Bunting, Esq. will join the company as General Counsel and Corporate Secretary, effective March 1, 2023. He succeeds Lynne P. McGhee, who will retire after more than 19 years of service. Bunting comes to Group from American Water Works Company Inc. (American), where he has served as a key member of the legal leadership team for nearly fifteen years. In 2015, Bunting was named Vice President and Deputy General Counsel, and in 2021 he was promoted to Senior Vice President. In this role, Bunting led a large team of attorneys, legal, and compliance professionals supporting nationwide operations. Before his promotion to Deputy General Counsel in 2015, Bunting served as the Division General Counsel for three of American's five operating divisions, including its largest utilities in New Jersey and Pennsylvania. Prior to joining American in 2008, Bunting served as Assistant General Counsel at Allegheny Energy Inc. and practiced at K&L Gates LLP, a large, international law firm, in the Corporate and Securities group. Bunting holds a Juris Doctor from University of Pittsburgh School of Law, where he served as Executive Editor of the Journal of Law and Commerce. He earned his Bachelor of Arts, cum laude, in Political Science and Criminal Justice from Gettysburg College.お知らせ • Jan 27California Water Service Group Declares Quarterly Dividend, Payable on February 17, 2023At its meeting held on January 25, 2023, the California Water Service Group Board of Directors declared the company's 312th consecutive quarterly dividend, increasing the annual dividend by $0.04, or 4.0%, from $1.00 to $1.04. This represents the company’s 56th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 17, 2023 to stockholders of record on February 6, 2023.お知らせ • Jan 18California Water Service Group Announces Board ChangesThe Board of Directors of California Water Service Group is saddened to report that Terry P. Bayer, the Board's Lead Independent Director, has recently suffered a serious, but treatable medical issue. In light of this medical issue, the Board has appointed Scott L. Morris as Interim Lead Independent Director, to serve in that capacity until the Board determines otherwise. The Board has also appointed Mr. Morris as an additional member of the Audit Committee of the Board. In the event that the medical issue is not timely resolved, the Board does not expect to renominate Ms. Bayer for election at the 2023 annual meeting of stockholders, but reserves the right to reappoint Ms. Bayer to the Board or renominate her for election in the future if the medical issue is resolved.お知らせ • Dec 07California Water Service Group Announces Board AppointmentsCalifornia Water Service Group announced the promotion of Thomas A. Scanlon to Corporate Controller and Principal Accounting Officer and Justin B. Skarb to Vice President, Government & Community Affairs, effective January 1, 2023. Before joining California Water Service Group as Director of Financial Reporting in 2010, Scanlon served as Subsidiary Controller at Sun Power Systems Corporation. A seasoned professional with more than 25 years of progressive construction and financial management experience, he is a Certified Public Accountant with a Bachelor of Science degree in Finance from Marquette University and a Master of Business Administration degree from University of Illinois. He will succeed David B. Healey, who is retiring after 13 years of service. Justin B. Skarb began his career at the company in 2009 in the newly created role of Government & Community Relations Manager and was promoted to Director of Community Affairs & Government Relations in 2017. During his tenure, he has helped establish the company as a leader on policy issues and a stalwart contributor to its communities. He holds a Bachelor of Science degree in Political Science from Arizona State University and a Master of Arts degree in Communication from California State University, Fullerton. He expects to complete his Juris Doctorate in 2024.Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Director Bonnie Maldonado was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Dec 01Independent Director recently sold €93k worth of stockOn the 30th of November, Thomas Krummel sold around 2k shares on-market at roughly €61.01 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €507k more than they bought in the last 12 months.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: US$1.03 (vs US$1.21 in 3Q 2021)Third quarter 2022 results: EPS: US$1.03 (down from US$1.21 in 3Q 2021). Revenue: US$266.3m (up 3.7% from 3Q 2021). Net income: US$55.9m (down 11% from 3Q 2021). Profit margin: 21% (down from 24% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry.お知らせ • Oct 27California Water Service Group Declares Quarterly Dividend, Payable on November 18, 2022California Water Service Group Board of Directors declared the company's 311th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on November 18, 2022 to stockholders of record on November 7, 2022.お知らせ • Oct 07+ 1 more updateCalifornia Water Service Group to Report Q3, 2022 Results on Oct 27, 2022California Water Service Group announced that they will report Q3, 2022 results at 9:00 AM, US Eastern Standard Time on Oct 27, 2022お知らせ • Oct 06California Water Service Group Announces Board AppointmentsCalifornia Water Service Group announced that Chairman Peter C. Nelson will retire in May 2023, in accordance with the age limit set forth in the company’s by-laws. In 1996, Nelson joined the Board of Directors and became the company’s President & Chief Executive Officer, a position he held for 17 years. He assumed the role of Board Chair in 2013. Group has selected Kropelnicki to assume the role of Chairman, President & Chief Executive Officer when Nelson retires. He has served as President & Chief Executive Officer of Group, and as a Director, since 2013. When he assumes the role as Chairman, he will lead a Board comprised of nine independent directors, with Ms. Bayer continuing to act as Lead Independent Director.お知らせ • Sep 08California Water Service Group Announces the Resignation of Richard P. Magnuson as Member of the BoardOn September 2, 2022, Richard P. Magnuson notified the Chairman of the Board of Directors (the Board") of California Water Service Group (the Company") of his decision to resign, effective immediately, from his position as a member of the Board.Recent Insider Transactions • Aug 20Independent Director recently sold €63k worth of stockOn the 19th of August, Lester Snow sold around 1k shares on-market at roughly €62.79 per share. In the last 3 months, there was an even bigger sale from another insider worth €70k. Insiders have been net sellers, collectively disposing of €326k more than they bought in the last 12 months.Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.75 in 2Q 2021)Second quarter 2022 results: EPS: US$0.36 (down from US$0.75 in 2Q 2021). Revenue: US$206.2m (down 3.3% from 2Q 2021). Net income: US$19.5m (down 49% from 2Q 2021). Profit margin: 9.4% (down from 18% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 3.6%, compared to a 6.0% growth forecast for the industry in Germany.お知らせ • Jul 28California Water Service Group Declares Quarterly Dividend, Payable on August 19, 2022The California Water Service Group Board of Directors declared the company's 310th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on August 19, 2022 to stockholders of record on August 8, 2022.お知らせ • Jul 08California Water Service Group to Report Q2, 2022 Results on Jul 28, 2022California Water Service Group announced that they will report Q2, 2022 results at 9:00 AM, US Eastern Standard Time on Jul 28, 2022お知らせ • Jun 25California Water Service Group Announces Retirement of David B. Healey as Controller and Chief Accounting Officer, Effective January 1, 2023California Water Service Group announced David B. Healey, Vice President, Controller and Chief Accounting Officer, notified the Company of his intention to retire effective January 1, 2023 (the “retirement date”). To assist in the transition of Mr. Healey’s duties and responsibilities, it is anticipated that Mr. Healey and the Company will enter into an agreement on or about the retirement date, pursuant to which he will continue to serve in an advisory capacity to the Company regarding the organization’s accounting functions, ledgers and financial accounts, and other reporting and auditing functions for an agreed period of time. The Company expects to announce Mr. Healey’s replacement before the end of the year.Recent Insider Transactions • Jun 07Insider recently sold €70k worth of stockOn the 3rd of June, Robert Kuta sold around 1k shares on-market at roughly €51.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €418k more than they bought in the last 12 months.株主還元WT5DE Water UtilitiesDE 市場7D6.7%0.6%-0.8%1Y6.5%9.9%2.2%株主還元を見る業界別リターン: WT5過去 1 年間で9.9 % の収益を上げたGerman Water Utilities業界を下回りました。リターン対市場: WT5過去 1 年間で2.2 % の収益を上げたGerman市場を上回りました。価格変動Is WT5's price volatile compared to industry and market?WT5 volatilityWT5 Average Weekly Movement4.3%Water Utilities Industry Average Movement4.7%Market Average Movement5.7%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.8%安定した株価: WT5 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: WT5の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19261,336Marty Kropelnickiwww.calwatergroup.comカリフォルニア・ウォーター・サービス・グループは、子会社を通じ、カリフォルニア州、ワシントン州、ニューメキシコ州、ハワイ州、テキサス州で水道事業やその他の関連サービスを提供している。同社は、家庭用、工業用、公共用、灌漑用、防火用の水の製造、購入、貯蔵、処理、試験、配給、販売に携わっている。カリフォルニア州100のコミュニティで約499,400の顧客、カウアイ島、マウイ島、オアフ島、ハワイ島で約6,700の上下水道顧客、タコマ、オリンピア、グラハム、スパナウェイ、ピュアラップ、レーニア、イエルム、ギグハーバー地域で約38,300の顧客に対してサービスを提供している；リオ・コミュニティーズ、リオ・デル・オロ、メドー・レイク、インディアン・ヒルズ、スコー・バレー、エレファント・ビュート、モーニングスター、サンディア・ノールズ、ファン・トマス、モントレー、サイプレス・ガーデンズの各システムにおける約11,500件の上下水道顧客接続。また、自治体所有の上水道、民間所有の上水道、再生水の配水システムの運営、民間企業や自治体への上水道の運営、検針、請求サービス、自社所有地での通信アンテナ用地のリース、住宅顧客へのオプションの第三者保険プログラムの請求など、規制外の水関連サービスの提供にも取り組んでいる。さらに、廃水収集・処理サービスも提供している。カリフォルニア・ウォーター・サービス・グループは1926年に設立され、カリフォルニア州サンノゼに本社を置いている。もっと見るCalifornia Water Service Group 基礎のまとめCalifornia Water Service Group の収益と売上を時価総額と比較するとどうか。WT5 基礎統計学時価総額€2.49b収益（TTM）€104.59m売上高(TTM)€888.95m23.9xPER（株価収益率2.8xP/SレシオWT5 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計WT5 損益計算書（TTM）収益US$1.01b売上原価US$473.23m売上総利益US$537.52mその他の費用US$418.60m収益US$118.92m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.99グロス・マージン53.18%純利益率11.77%有利子負債／自己資本比率101.2%WT5 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.8%現在の配当利回り62%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/25 22:31終値2026/06/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋California Water Service Group 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Davis SunderlandBairdDaniel FordBarclaysRoss FowlerBofA Global Research5 その他のアナリストを表示
New Risk • May 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €315k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€315k sold).
お知らせ • May 01California Water Service Group announces Quarterly dividend, payable on May 22, 2026California Water Service Group announced Quarterly dividend of USD 0.3350 per share payable on May 22, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.
お知らせ • Apr 10California Water Service Group to Report Q1, 2026 Results on Apr 30, 2026California Water Service Group announced that they will report Q1, 2026 results at 9:00 AM, Eastern Daylight on Apr 30, 2026
お知らせ • Apr 09California Water Service Group, Annual General Meeting, May 20, 2026California Water Service Group, Annual General Meeting, May 20, 2026.
お知らせ • Mar 18California Water Service Group Receives Proposed Decision on 2024 California General Rate CaseThe California Public Utilities Commission has issued a proposed decision (PD) on the 2024 General Rate Case of California Water Service, the largest subsidiary of California Water Service Group. The PD authorizes additional revenues for the company over the next three years, with rate increases of 11.1% in 2026, 5.5% in 2027, and 5.4% in 2028. The PD also reauthorizes a Monterey-Style Water Revenue Adjustment Mechanism and water production incremental cost balancing accounts, establishes a sales reconciliation mechanism, and approves a rate design to better enable the company to recover fixed costs regardless of water sales. Written comments are due by April 2, 2026, and oral arguments have yet to be scheduled. The final decision is expected to be adopted at the Commission's meeting on April 30, 2026, or shortly thereafter.
お知らせ • Feb 26California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million.California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million on February 25, 2026. The purchase price of approximately $218 million is subject to typical closing adjustments and will be funded with working capital and existing debt and equity facilities. The transaction is subject to approval from applicable public utility commissions and has been unanimously approved by the Boards of Directors of both Company and Nexus Water Group. The deal has been unanimously approved by the board. he Company expects to complete the transaction by the end of 2026. The transaction is expected to be expects it to be accretive to existing operations within a year of closing. Baker & McKenzie LLP acted as legal counsel for California Water Service Group.
New Risk • May 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €315k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€315k sold).
お知らせ • May 01California Water Service Group announces Quarterly dividend, payable on May 22, 2026California Water Service Group announced Quarterly dividend of USD 0.3350 per share payable on May 22, 2026, ex-date on May 11, 2026 and record date on May 11, 2026.
お知らせ • Apr 10California Water Service Group to Report Q1, 2026 Results on Apr 30, 2026California Water Service Group announced that they will report Q1, 2026 results at 9:00 AM, Eastern Daylight on Apr 30, 2026
お知らせ • Apr 09California Water Service Group, Annual General Meeting, May 20, 2026California Water Service Group, Annual General Meeting, May 20, 2026.
お知らせ • Mar 18California Water Service Group Receives Proposed Decision on 2024 California General Rate CaseThe California Public Utilities Commission has issued a proposed decision (PD) on the 2024 General Rate Case of California Water Service, the largest subsidiary of California Water Service Group. The PD authorizes additional revenues for the company over the next three years, with rate increases of 11.1% in 2026, 5.5% in 2027, and 5.4% in 2028. The PD also reauthorizes a Monterey-Style Water Revenue Adjustment Mechanism and water production incremental cost balancing accounts, establishes a sales reconciliation mechanism, and approves a rate design to better enable the company to recover fixed costs regardless of water sales. Written comments are due by April 2, 2026, and oral arguments have yet to be scheduled. The final decision is expected to be adopted at the Commission's meeting on April 30, 2026, or shortly thereafter.
お知らせ • Feb 26California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million.California Water Service Group (NYSE:CWT) agreed to acquire Nexus Water Group's Nevada and Oregon Water and Wastewater Systems from Nexus Water Group, Inc. for approximately $220 million on February 25, 2026. The purchase price of approximately $218 million is subject to typical closing adjustments and will be funded with working capital and existing debt and equity facilities. The transaction is subject to approval from applicable public utility commissions and has been unanimously approved by the Boards of Directors of both Company and Nexus Water Group. The deal has been unanimously approved by the board. he Company expects to complete the transaction by the end of 2026. The transaction is expected to be expects it to be accretive to existing operations within a year of closing. Baker & McKenzie LLP acted as legal counsel for California Water Service Group.
お知らせ • Feb 06California Water Service Group to Report Q4, 2025 Results on Feb 26, 2026California Water Service Group announced that they will report Q4, 2025 results After-Market on Feb 26, 2026
お知らせ • Jan 29California Water Service Group Declares Quarterly Dividend, Payable on February 20, 2026California Water Service Group declared its 324th consecutive quarterly dividend in the amount of $0.3350 per common share, payable on February 20, 2026, to stockholders of record as of the close of business on February 9, 2026. The quarterly dividend increase follows the Board of Directors’ announcement of its intent to increase the annual dividend by 8% or $0.10 per common share to $1.34, compared to the $1.20 annual dividend and $0.04 special dividend paid in 2025.
お知らせ • Jan 08California Water Service Group Announces Executive Appointments, Effective January 1, 2026California Water Service Group announced the promotion of Todd K. Peters to Vice President, Engineering and Thomas A. Scanlon to Vice President, Corporate Controller and Chief Accounting Officer, effective January 1, 2026. Peters began his career at the Company in 1993 and has held various positions, the most recent of which was Chief Engineering Officer. He holds a Bachelor of Science Degree in Civil Engineering from San Jose State University and is a licensed Professional Engineer in California, Hawaii, New Mexico, Texas, and Washington. Scanlon joined the team in 2010 and most recently served as Corporate Controller and Chief Accounting Officer. He holds a Bachelor of Science Degree in Finance from Marquette University and a Master of Business Administration from the University of Illinois. He is also a Certified Public Accountant.
お知らせ • Oct 30California Water Service Group Declares Quarterly Dividend, Payable on November 21, 2025At its meeting on October 29, 2025, the California Water Service Group Board of Directors declared the Company’s 323rd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on November 21, 2025, to stockholders of record as of the close of business on November 10, 2025.
お知らせ • Oct 10California Water Service Group to Report Q3, 2025 Results on Oct 30, 2025California Water Service Group announced that they will report Q3, 2025 results at 9:00 AM, US Eastern Standard Time on Oct 30, 2025
お知らせ • Jul 31California Water Service Declares Quarterly Dividend, payable on August 22, 2025The Board of Directors of California Water Service Group at its meeting on July 30, 2025 declared the Company’s 322nd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on August 22, 2025, to stockholders of record as of the close of business on August 11, 2025.
お知らせ • Jul 11California Water Service Group to Report Q2, 2025 Results on Jul 31, 2025California Water Service Group announced that they will report Q2, 2025 results at 9:00 AM, US Eastern Standard Time on Jul 31, 2025
お知らせ • Jun 30+ 5 more updatesCalifornia Water Service Group(NYSE:CWT) dropped from Russell 3000 Growth IndexCalifornia Water Service Group(NYSE:CWT) dropped from Russell 3000 Growth Index
お知らせ • May 15California Water Service Group has filed a Follow-on Equity Offering in the amount of $350 million.California Water Service Group has filed a Follow-on Equity Offering in the amount of $350 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
お知らせ • May 01California Water Service Group Declares Quarterly Dividend, Payable on May 23, 2025At its meeting on April 30, 2025, the California Water Service Group (Company) Board of Directors (Board) declared the company's 321st consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on May 23, 2025, to stockholders of record as of the close of business on May 12, 2025.
お知らせ • Apr 11California Water Service Group to Report Q1, 2025 Results on May 01, 2025California Water Service Group announced that they will report Q1, 2025 results at 9:00 AM, US Eastern Standard Time on May 01, 2025
お知らせ • Feb 28+ 1 more updateCalifornia Water Service Group, Annual General Meeting, May 28, 2025California Water Service Group, Annual General Meeting, May 28, 2025.
お知らせ • Feb 07California Water Service Group to Report Q4, 2024 Results on Feb 27, 2025California Water Service Group announced that they will report Q4, 2024 results at 9:00 AM, US Eastern Standard Time on Feb 27, 2025
お知らせ • Jan 31California Water Service Group Declares One-Time Special Dividend, Payable on February 21, 2025California Water Service Group announced that at its meeting on January 29, 2025, the California Water Service Group Board of Directors (Board) declared a one-time special dividend in the amount of $0.04 per common share. The special one-time dividend will be payable on February 21, 2025, to stockholders of record as of the close of business on February 10, 2025.
お知らせ • Jan 30California Water Service Group Declares Quarterly Dividend, Payable on February 21, 2025At its meeting on January 29, 2025, the California Water Service Group's Board of Directors declared the company's 320th consecutive quarterly dividend in the amount of $0.30 per common share, this reflects an $0.08 annual increase that is expected to yield an annual dividend of $1.20. The quarterly dividend will be payable on February 21, 2025, to stockholders of record as of the close of business on February 10, 2025.
Declared Dividend • Nov 04Third quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 12th November 2024 Payment date: 22nd November 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 13% over the next 3 years. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.03 (vs US$0.60 in 3Q 2023)Third quarter 2024 results: EPS: US$1.03 (up from US$0.60 in 3Q 2023). Revenue: US$299.6m (up 18% from 3Q 2023). Net income: US$60.7m (up 76% from 3Q 2023). Profit margin: 20% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Global Water Utilities industry.
お知らせ • Oct 31California Water Service Group Declares Quarterly Dividend, Payable on November 22, 2024At its meeting on October 30, 2024, the California Water Service Group Board of Directors declared the company's 319th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on November 22, 2024 to stockholders of record as of the close of business on November 12, 2024.
お知らせ • Oct 11California Water Service Group to Report Q3, 2024 Results on Oct 31, 2024California Water Service Group announced that they will report Q3, 2024 results at 9:00 AM, US Eastern Standard Time on Oct 31, 2024
お知らせ • Aug 24California Water Service Group Announces the Retirement of Ronald D. Webb as Vice President, Chief Human Resource Officer, Effective March 31, 2025On August 22, 2024, after 10 years of service, Ronald D. Webb, Vice President, Chief Human Resource Officer, notified the California Water Service Group (the “Company”) of his intention to retire effective after the close of business on March 31, 2025 (the “retirement date”).
Declared Dividend • Aug 05Second quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 12th August 2024 Payment date: 23rd August 2024 Dividend yield will be 2.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.7% over the next 3 years. However, it would need to fall by 60% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$0.70 (vs US$0.17 in 2Q 2023)Second quarter 2024 results: EPS: US$0.70 (up from US$0.17 in 2Q 2023). Revenue: US$244.3m (up 26% from 2Q 2023). Net income: US$40.6m (up 324% from 2Q 2023). Profit margin: 17% (up from 4.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Water Utilities industry.
お知らせ • Aug 01California Water Service Group Declares 318th Consecutive Quarterly Dividend, Payable on August 23, 2024At its meeting on July 31, 2024, the California Water Service Group Board of Directors declared the company's 318th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on August 23, 2024 to stockholders of record as of the close of business on August 12, 2024.
お知らせ • Jul 12California Water Service Group to Report Q2, 2024 Results on Aug 01, 2024California Water Service Group announced that they will report Q2, 2024 results at 9:00 AM, US Eastern Standard Time on Aug 01, 2024
Declared Dividend • Apr 29First quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 3rd May 2024 Payment date: 17th May 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.4% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: US$1.21 (vs US$0.40 loss in 1Q 2023)First quarter 2024 results: EPS: US$1.21 (up from US$0.40 loss in 1Q 2023). Revenue: US$270.7m (up 107% from 1Q 2023). Net income: US$69.9m (up US$92.1m from 1Q 2023). Profit margin: 26% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.
お知らせ • Apr 25California Water Service Group Declares Quarterly Dividend, Payable on May 17, 2024At its meeting on April 24, 2024, the Board of Directors of California Water Service Group declared the company's 317th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on May 17, 2024 to stockholders of record as of the close of business on May 6, 2024.
お知らせ • Apr 19California Water Service Group, Annual General Meeting, May 29, 2024California Water Service Group, Annual General Meeting, May 29, 2024, at 09:30 Pacific Standard Time. Agenda: To consider Election of the eleven directors named in the Proxy Statement; to consider An advisory vote to approve executive compensation; to consider Ratification of the selection of Deloitte & Touche LLP as the Group's independent registered public accounting firm for 2024; to consider Approval of Group's 2024 Equity Incentive Plan; to consider Such other business as may properly come before the Annual Meeting.
お知らせ • Apr 05California Water Service Group to Report Q1, 2024 Results on Apr 25, 2024California Water Service Group announced that they will report Q1, 2024 results at 9:00 AM, US Eastern Standard Time on Apr 25, 2024
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: US$0.91 (vs US$1.77 in FY 2022)Full year 2023 results: EPS: US$0.91 (down from US$1.77 in FY 2022). Revenue: US$794.6m (down 6.1% from FY 2022). Net income: US$51.9m (down 46% from FY 2022). Profit margin: 6.5% (down from 11% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry.
お知らせ • Feb 09California Water Service Group to Report Q4, 2023 Results on Feb 29, 2024California Water Service Group announced that they will report Q4, 2023 results at 9:00 AM, US Eastern Standard Time on Feb 29, 2024
Upcoming Dividend • Feb 02Upcoming dividend of US$0.28 per share at 2.3% yieldEligible shareholders must have bought the stock before 09 February 2024. Payment date: 23 February 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.4%).
Declared Dividend • Jan 29Third quarter dividend of US$0.28 announcedShareholders will receive a dividend of US$0.28. Ex-date: 9th February 2024 Payment date: 23rd February 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (140% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. EPS is expected to grow by 94% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Jan 26California Water Service Group Declares Quarterly Dividend, Payable on February 23, 2024At its meeting on January 25, 2024, the California Water Service Group Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12. This represents the company’s 57th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 23, 2024 to stockholders of record as of the close of business on February 12, 2024.
お知らせ • Jan 04California Water Service Group Announces CFO ChangesCalifornia Water Service Group announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company Chief Financial Officer effective January 3, 2024. He succeeds Chief Financial Officer David B. Healey. Mr. Healey will serve as Principal Financial Officer on an interim basis, ensuring a smooth transition and supporting the company in its fiscal year 2023 financial reporting. Mr. Lynch is an accomplished senior executive and seasoned finance leader with more than 22 years of experience in the water utility industry, including 12 years at SJW Group where he served as Chief Accounting Officer and, prior to that, Chief Financial Officer, and Treasurer. Before joining SJW Group, Mr. Lynch spent 14 years as an Audit Partner at KPMG, LLP, where he served as a lead audit partner on a portfolio of international and domestic publicly traded and privately held companies, including five years as independent audit partner for SJW Group and California Water Service Group. A Santa Clara University alumnus, Mr. Lynch served as a member of the Santa Clara University Accounting Advisory Board and currently serves on the board of directors of Children’s Health Council. He is also a Certified Public Accountant.
お知らせ • Oct 27California Water Service Group Announces Election of Jeffrey Kightlinger to Board of DirectorsCalifornia Water Service Group announced the election of Jeffrey Kightlinger, 63, to the Group’s Board of Directors, effective November 1, 2023. Kightlinger has the distinction of having been the longest serving Chief Executive Officer of the Metropolitan Water District of Southern California, the municipal water supplier in the nation. In this capacity, he oversaw the agency’s $1.8 billion budget along with water and power operations serving 19 million residents in Southern California. During his tenure, he negotiated strategic agreements on the Colorado River and the 50-year renewal of Hoover Dam hydroelectric power. He also took a leadership role in supporting a plan to build twin tunnels under the Sacramento-San Joaquin Delta to keep water flowing to Southern California while protecting endangered species. A renowned expert in water law, particularly Colorado River law, Kightlinger now owns Acequia Consulting, LLC, which provides strategic advice on water and energy issues. He has an undergraduate degree from the University of California at Berkeley and a law degree from Santa Clara University.
New Risk • Oct 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.3% Last year net profit margin: 9.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 140% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (5.3% net profit margin). Shareholders have been diluted in the past year (5.3% increase in shares outstanding).
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: US$0.60 (vs US$1.04 in 3Q 2022)Third quarter 2023 results: EPS: US$0.60 (down from US$1.04 in 3Q 2022). Revenue: US$255.0m (down 4.3% from 3Q 2022). Net income: US$34.4m (down 38% from 3Q 2022). Profit margin: 14% (down from 21% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Water Utilities industry.
お知らせ • Oct 26California Water Service Group Declares Quarterly Dividend, Payable on November 17, 2023At its meeting held on October 25, 2023, the California Water Service Group Board of Directors declared the company's 315th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on November 17, 2023, to stockholders of record as of the close of business on November 6, 2023.
お知らせ • Oct 06California Water Service Group to Report Q3, 2023 Results on Oct 26, 2023California Water Service Group announced that they will report Q3, 2023 results at 9:00 AM, US Eastern Standard Time on Oct 26, 2023
New Risk • Jul 28New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 90% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (6.2% increase in shares outstanding).
お知らせ • Jul 28California Water Service Group Declares Quarterly Dividend, Payable on August 18, 2023California Water Service Group Board of Directors declared the company's 314th consecutive quarterly dividend in the amount of $0.26 per common share. It will be payable on August 18, 2023 to stockholders of record as of the close of business on August 7, 2023.
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.36 in 2Q 2022)Second quarter 2023 results: EPS: US$0.17 (down from US$0.36 in 2Q 2022). Revenue: US$194.0m (down 5.9% from 2Q 2022). Net income: US$9.56m (down 51% from 2Q 2022). Profit margin: 4.9% (down from 9.4% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Water Utilities industry.
お知らせ • Jul 07California Water Service Group to Report Q2, 2023 Results on Jul 27, 2023California Water Service Group announced that they will report Q2, 2023 results at 9:00 AM, US Eastern Standard Time on Jul 27, 2023
お知らせ • Jul 06California Water Service Group Announces Election of Charles R. Patton to Board of DirectorsCalifornia Water Service Group (Group) announced the election of Charles R. Patton, 64, to the Group’s Board of Directors, effective July 1, 2023. Prior to his retirement in July 2022, Patton served as Executive Vice President, External Affairs, at American Electric Power Company Inc. (AEP), which serves nearly 5.5 million customers across 11 states. In this capacity, he was responsible for customer service, regulatory affairs, communications, and federal public policy. He also led corporate sustainability initiatives and AEP’s compliance program to satisfy the requirements of the North American Electric Reliability Corporation, a non-for-profit international regulatory authority whose mission is to assure the effective and efficient reduction of risks to the reliability and security of the electrical grid. Currently, Patton serves as an independent director of Ameresco Inc. and Sterling Construction Company. He holds a Bachelor’s Degree from Bowdoin College in Brunswick, Maine, and a Master’s Degree from the Lyndon B. Johnson School of Public Policy at the University of Texas at Austin.
お知らせ • Jun 02California Water Service Group Announces Executive PromotionsCalifornia Water Service Group announced that it has promoted Michael B. Luu to Senior Vice President, Corporate Services & Chief Risk Officer. As Senior Vice President, he is responsible for overseeing key corporate departments, including business development, information technology, engineering, water quality and environmental assurance, and emergency preparedness, safety, and security. Michael joined the company’s Information Technology Department in 1999. He has held various positions during his tenure, including Director of Information Technology, Interim District Manager, and Vice President, Information Technology & Customer Service. Most recently, he served as Vice President, Information Technology & Chief Risk Officer. He holds a Master’s Degree in Business Administration and a Bachelor’s Degree in Management Information Systems, both from San Jose State University. Group also announced that California Water Service (Cal Water), a subsidiary of Group, promoted Shilen M. Patel to Chief Business Development Officer, effective June 1, 2023. Prior to joining Cal Water in July 2019, Shilen served as Director, Strategy & Development at Veolia North America. A seasoned professional with more than 18 years of progressive business development and corporate strategy experience, he holds a Bachelor’s Degree in Economics and Political Science from UC Santa Barbara and is expected to complete a Master of Business Administration from Santa Clara University at the end of 2023.
Recent Insider Transactions • May 06Insider recently sold €52k worth of stockOn the 5th of May, Robert Kuta sold around 1k shares on-market at roughly €51.54 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €484k more than they bought in the last 12 months.
Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.40 loss per share (vs US$0.02 profit in 1Q 2022)First quarter 2023 results: US$0.40 loss per share (down from US$0.02 profit in 1Q 2022). Revenue: US$131.1m (down 24% from 1Q 2022). Net loss: US$22.2m (down US$23.3m from profit in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.
Reported Earnings • Apr 28First quarter 2023 earnings released: US$0.40 loss per share (vs US$0.02 profit in 1Q 2022)First quarter 2023 results: US$0.40 loss per share (down from US$0.02 profit in 1Q 2022). Revenue: US$131.1m (down 24% from 1Q 2022). Net loss: US$22.2m (down US$23.3m from profit in 1Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: US$1.77 (vs US$1.96 in FY 2021)Full year 2022 results: EPS: US$1.77 (down from US$1.96 in FY 2021). Revenue: US$846.4m (up 7.0% from FY 2021). Net income: US$96.0m (down 5.1% from FY 2021). Profit margin: 11% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Global Water Utilities industry.
お知らせ • Feb 14California Water Service Group to Report Q4, 2022 Results on Mar 01, 2023California Water Service Group announced that they will report Q4, 2022 results on Mar 01, 2023
お知らせ • Jan 31California Water Service Group Announces Executive ChangesCalifornia Water Service Group announced that Shawn C. Bunting, Esq. will join the company as General Counsel and Corporate Secretary, effective March 1, 2023. He succeeds Lynne P. McGhee, who will retire after more than 19 years of service. Bunting comes to Group from American Water Works Company Inc. (American), where he has served as a key member of the legal leadership team for nearly fifteen years. In 2015, Bunting was named Vice President and Deputy General Counsel, and in 2021 he was promoted to Senior Vice President. In this role, Bunting led a large team of attorneys, legal, and compliance professionals supporting nationwide operations. Before his promotion to Deputy General Counsel in 2015, Bunting served as the Division General Counsel for three of American's five operating divisions, including its largest utilities in New Jersey and Pennsylvania. Prior to joining American in 2008, Bunting served as Assistant General Counsel at Allegheny Energy Inc. and practiced at K&L Gates LLP, a large, international law firm, in the Corporate and Securities group. Bunting holds a Juris Doctor from University of Pittsburgh School of Law, where he served as Executive Editor of the Journal of Law and Commerce. He earned his Bachelor of Arts, cum laude, in Political Science and Criminal Justice from Gettysburg College.
お知らせ • Jan 27California Water Service Group Declares Quarterly Dividend, Payable on February 17, 2023At its meeting held on January 25, 2023, the California Water Service Group Board of Directors declared the company's 312th consecutive quarterly dividend, increasing the annual dividend by $0.04, or 4.0%, from $1.00 to $1.04. This represents the company’s 56th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 17, 2023 to stockholders of record on February 6, 2023.
お知らせ • Jan 18California Water Service Group Announces Board ChangesThe Board of Directors of California Water Service Group is saddened to report that Terry P. Bayer, the Board's Lead Independent Director, has recently suffered a serious, but treatable medical issue. In light of this medical issue, the Board has appointed Scott L. Morris as Interim Lead Independent Director, to serve in that capacity until the Board determines otherwise. The Board has also appointed Mr. Morris as an additional member of the Audit Committee of the Board. In the event that the medical issue is not timely resolved, the Board does not expect to renominate Ms. Bayer for election at the 2023 annual meeting of stockholders, but reserves the right to reappoint Ms. Bayer to the Board or renominate her for election in the future if the medical issue is resolved.
お知らせ • Dec 07California Water Service Group Announces Board AppointmentsCalifornia Water Service Group announced the promotion of Thomas A. Scanlon to Corporate Controller and Principal Accounting Officer and Justin B. Skarb to Vice President, Government & Community Affairs, effective January 1, 2023. Before joining California Water Service Group as Director of Financial Reporting in 2010, Scanlon served as Subsidiary Controller at Sun Power Systems Corporation. A seasoned professional with more than 25 years of progressive construction and financial management experience, he is a Certified Public Accountant with a Bachelor of Science degree in Finance from Marquette University and a Master of Business Administration degree from University of Illinois. He will succeed David B. Healey, who is retiring after 13 years of service. Justin B. Skarb began his career at the company in 2009 in the newly created role of Government & Community Relations Manager and was promoted to Director of Community Affairs & Government Relations in 2017. During his tenure, he has helped establish the company as a leader on policy issues and a stalwart contributor to its communities. He holds a Bachelor of Science degree in Political Science from Arizona State University and a Master of Arts degree in Communication from California State University, Fullerton. He expects to complete his Juris Doctorate in 2024.
Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Independent Director Bonnie Maldonado was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Dec 01Independent Director recently sold €93k worth of stockOn the 30th of November, Thomas Krummel sold around 2k shares on-market at roughly €61.01 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €507k more than they bought in the last 12 months.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: US$1.03 (vs US$1.21 in 3Q 2021)Third quarter 2022 results: EPS: US$1.03 (down from US$1.21 in 3Q 2021). Revenue: US$266.3m (up 3.7% from 3Q 2021). Net income: US$55.9m (down 11% from 3Q 2021). Profit margin: 21% (down from 24% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Global Water Utilities industry.
お知らせ • Oct 27California Water Service Group Declares Quarterly Dividend, Payable on November 18, 2022California Water Service Group Board of Directors declared the company's 311th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on November 18, 2022 to stockholders of record on November 7, 2022.
お知らせ • Oct 07+ 1 more updateCalifornia Water Service Group to Report Q3, 2022 Results on Oct 27, 2022California Water Service Group announced that they will report Q3, 2022 results at 9:00 AM, US Eastern Standard Time on Oct 27, 2022
お知らせ • Oct 06California Water Service Group Announces Board AppointmentsCalifornia Water Service Group announced that Chairman Peter C. Nelson will retire in May 2023, in accordance with the age limit set forth in the company’s by-laws. In 1996, Nelson joined the Board of Directors and became the company’s President & Chief Executive Officer, a position he held for 17 years. He assumed the role of Board Chair in 2013. Group has selected Kropelnicki to assume the role of Chairman, President & Chief Executive Officer when Nelson retires. He has served as President & Chief Executive Officer of Group, and as a Director, since 2013. When he assumes the role as Chairman, he will lead a Board comprised of nine independent directors, with Ms. Bayer continuing to act as Lead Independent Director.
お知らせ • Sep 08California Water Service Group Announces the Resignation of Richard P. Magnuson as Member of the BoardOn September 2, 2022, Richard P. Magnuson notified the Chairman of the Board of Directors (the Board") of California Water Service Group (the Company") of his decision to resign, effective immediately, from his position as a member of the Board.
Recent Insider Transactions • Aug 20Independent Director recently sold €63k worth of stockOn the 19th of August, Lester Snow sold around 1k shares on-market at roughly €62.79 per share. In the last 3 months, there was an even bigger sale from another insider worth €70k. Insiders have been net sellers, collectively disposing of €326k more than they bought in the last 12 months.
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.75 in 2Q 2021)Second quarter 2022 results: EPS: US$0.36 (down from US$0.75 in 2Q 2021). Revenue: US$206.2m (down 3.3% from 2Q 2021). Net income: US$19.5m (down 49% from 2Q 2021). Profit margin: 9.4% (down from 18% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 3.6%, compared to a 6.0% growth forecast for the industry in Germany.
お知らせ • Jul 28California Water Service Group Declares Quarterly Dividend, Payable on August 19, 2022The California Water Service Group Board of Directors declared the company's 310th consecutive quarterly dividend in the amount of $0.25 per common share. It will be payable on August 19, 2022 to stockholders of record on August 8, 2022.
お知らせ • Jul 08California Water Service Group to Report Q2, 2022 Results on Jul 28, 2022California Water Service Group announced that they will report Q2, 2022 results at 9:00 AM, US Eastern Standard Time on Jul 28, 2022
お知らせ • Jun 25California Water Service Group Announces Retirement of David B. Healey as Controller and Chief Accounting Officer, Effective January 1, 2023California Water Service Group announced David B. Healey, Vice President, Controller and Chief Accounting Officer, notified the Company of his intention to retire effective January 1, 2023 (the “retirement date”). To assist in the transition of Mr. Healey’s duties and responsibilities, it is anticipated that Mr. Healey and the Company will enter into an agreement on or about the retirement date, pursuant to which he will continue to serve in an advisory capacity to the Company regarding the organization’s accounting functions, ledgers and financial accounts, and other reporting and auditing functions for an agreed period of time. The Company expects to announce Mr. Healey’s replacement before the end of the year.
Recent Insider Transactions • Jun 07Insider recently sold €70k worth of stockOn the 3rd of June, Robert Kuta sold around 1k shares on-market at roughly €51.45 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €418k more than they bought in the last 12 months.
