NYSE:CWTWater Utilities
California Water Service Group (CWT) Stock Looks Fully Priced With Fair Earnings But Rich Dividends
California Water Service Group has delivered a solid 12.3% gain year to date, yet the stock screens as expensive on broader valuation checks, with an intrinsic value estimate from a Dividend Discount Model suggesting a premium to what the underlying dividends may justify. At the same time, traditional multiples look roughly in line with peers, which puts more weight on how reliably the utility can grow and secure future cash flows.
Year to date, California Water Service Group is up 12.3%,...