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California Water Service Group NYSE:CWT Stock Report

Last Price

US$55.14

Market Cap

US$3.2b

7D

5.0%

1Y

6.0%

Updated

05 Aug, 2024

Data

Company Financials +

California Water Service Group

NYSE:CWT Stock Report

Market Cap: US$3.2b

CWT Stock Overview

Through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas.

CWT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends4/6

California Water Service Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for California Water Service Group
Historical stock prices
Current Share PriceUS$55.14
52 Week HighUS$55.15
52 Week LowUS$43.50
Beta0.47
11 Month Change12.62%
3 Month Change7.63%
1 Year Change5.96%
33 Year Change-14.06%
5 Year Change1.98%
Change since IPO512.67%

Recent News & Updates

Results: California Water Service Group Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 04
Results: California Water Service Group Exceeded Expectations And The Consensus Has Updated Its Estimates

California Water Service Group (NYSE:CWT) Has Some Way To Go To Become A Multi-Bagger

Jul 11
California Water Service Group (NYSE:CWT) Has Some Way To Go To Become A Multi-Bagger

Recent updates

Results: California Water Service Group Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 04
Results: California Water Service Group Exceeded Expectations And The Consensus Has Updated Its Estimates

California Water Service Group (NYSE:CWT) Has Some Way To Go To Become A Multi-Bagger

Jul 11
California Water Service Group (NYSE:CWT) Has Some Way To Go To Become A Multi-Bagger

California Water Service: It's Not Too Late To Buy Now

May 15

Shareholders Should Be Pleased With California Water Service Group's (NYSE:CWT) Price

Apr 23
Shareholders Should Be Pleased With California Water Service Group's (NYSE:CWT) Price

California Water Service: An Undervalued Water Utility To Buy Now

Mar 02

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

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

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

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

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

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

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

Nov 10

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

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

California Water Service: Revisiting After A 10% Drop

Aug 31

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

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

California Water Service: This Dividend King Remains Fully Valued

Jun 07

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

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

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

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

California Water Service receives approval for interim rate increases

Feb 16

California Water Service and Promise to offer flexible payment plans

Feb 07

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

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

California Water Service declares $0.26 dividend

Jan 25

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

Dec 08

California Water Service Q3 2022 Earnings Preview

Oct 26

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

Oct 10

Why You Can Consider Looking At California Water Service Group

Sep 26

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

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

California Water Service Q2 2022 Earnings Preview

Jul 27

California Water Service: Still Richly Valued, Despite Its Correction

Jul 15

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

Jul 06

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

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

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

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

California Water Service: Do Not Buy The Dip Yet

Jan 18

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

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

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

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

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

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

California Water Service: This Dividend King Remains Richly Valued

Sep 16

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

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

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

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

Shareholder Returns

CWTUS Water UtilitiesUS Market
7D5.0%3.0%-2.8%
1Y6.0%1.8%16.6%

Return vs Industry: CWT exceeded the US Water Utilities industry which returned 1.8% over the past year.

Return vs Market: CWT underperformed the US Market which returned 16.6% over the past year.

Price Volatility

Is CWT's price volatile compared to industry and market?
CWT volatility
CWT Average Weekly Movement3.1%
Water Utilities Industry Average Movement3.6%
Market Average Movement6.1%
10% most volatile stocks in US Market14.5%
10% least volatile stocks in US Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
19261,266Marty Kropelnickiwww.calwatergroup.com

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services. It offers its services to approximately 497,700 customer connections in 100 California communities; approximately 6,500 water and wastewater customer connections on the islands of Maui, Oahu, and Hawaii; approximately 38,000 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 11,400 water and wastewater customer connections in Rio Communities, Rio Del Oro, Meadow Lake, Indian Hills, Squaw Valley, Elephant Butte, Morningstar, Sandia Knolls, Juan Tomas, and Cypress Gardens systems.

California Water Service Group Fundamentals Summary

How do California Water Service Group's earnings and revenue compare to its market cap?
CWT fundamental statistics
Market capUS$3.24b
Earnings (TTM)US$175.03m
Revenue (TTM)US$984.54m

18.5x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CWT income statement (TTM)
RevenueUS$984.54m
Cost of RevenueUS$439.33m
Gross ProfitUS$545.21m
Other ExpensesUS$370.17m
EarningsUS$175.03m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.98
Gross Margin55.38%
Net Profit Margin17.78%
Debt/Equity Ratio83.8%

How did CWT perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

36%

Payout Ratio

Does CWT pay a reliable dividends?

See CWT dividend history and benchmarks
When do you need to buy CWT by to receive an upcoming dividend?
California Water Service Group dividend dates
Ex Dividend DateAug 12 2024
Dividend Pay DateAug 23 2024
Days until Ex dividend7 days
Days until Dividend pay date18 days

Does CWT pay a reliable dividends?

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