California Water Service Group CWT Stock Price & News

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The Zacks Consensus Estimate for first-quarter earnings is pegged at 73 cents per share. Free Report) is set to release first-quarter 2023 results on May 4, before market open. The Zacks Consensus Estimate for first-quarter earnings is pegged at 11 cents per share, implying a year-over-year increase of 22.2%. Free Report) is set to release first-quarter 2023 results on May 1, before market open. The Zacks Consensus Estimate for first-quarter earnings is pegged at 28 cents per share, implying a year-over-year increase of 211.1%. California Water Service reported Q3 EPS of $1.03, $0.06 worse than the analyst estimate of $1.09.

The consensus estimate for 2023 EPS stands at $1.87, indicating a year-over-year improvement of 5.65%. “CWT” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Free Report) recorded a first-quarter 2023 adjusted loss of 40 cents per share, which missed the Zacks Consensus Estimate of earnings of 8 cents by 600%.

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• California Water Service Group saw a drop in short interest in March.
• View analysts price targets for CWT or view top-rated stocks among Wall Street analysts.

Below you will find the price predictions for 2023, 2024, 2025, 2026, 2027, 2028. Upgrade to MarketBeat All Access to add more stocks to your watchlist. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. California Water Service Group has received a 55.01% net impact score from Upright. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world.

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Will California Water Service Group stock price grow / rise / go

The company’s average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

Primo https://1investing.in/ PRMW is set to release first-quarter 2023 results on May 4, before market open. SJW Group SJW is set to release first-quarter 2023 results on May 1, before market open. California Water Service Group declared a quarterly dividend on Wednesday, April 26th. Stockholders of record on Monday, May 8th will be given a dividend of $0.26 per share on Friday, May 19th.

the California Water Service Group Stock Price Forecast & Prognosis

A simple, equally-weighted why does ppo have to be 039 modified 039 return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 2 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for California Water Service Group in the last year.

In the past three months, California Water Service Group insiders have not sold or bought any company stock. MarketBeat has tracked 13 news articles for California Water Service Group this week, compared to 3 articles on an average week. California Water Service Group pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.

The consensus among Wall Street research analysts is that investors should “hold” CWT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CWT, but not buy additional shares or sell existing shares. California Water Service Group is a U.S. water and utilities holding company based in California.

California Water Service Group downgraded to neutral from buy at Janney, fair value estimate $56

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The company was founded in 1926 and is headquartered in San Jose, CA. Investing.com – California Water Service reported on Thursday third quarter erl-20139||earnings that missed analysts’ forecasts and revenue that topped expectations. California Water Service Group saw a drop in short interest in March. As of March 31st, there was short interest totaling 658,500 shares, a drop of 22.4% from the March 15th total of 848,600 shares. Based on an average trading volume of 218,300 shares, the short-interest ratio is currently 3.0 days. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

California Water Servs Gr VP Trades Company’s Stock

What you need is about 3 seconds to execute this simple financial maneuver… Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Over the last 1 year, CWT has beaten EPS estimates 50% of the time and has beaten revenue estimates 100% of the time.

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• California Water Service Group has a short interest ratio (“days to cover”) of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
• The company engages in the production, treatment, storage, distribution, and sale of water for various uses.
• This represents a $1.04 annualized dividend and a dividend yield of 1.85%.

As of Mar 31, 2023, net long-term debt was $1,052.3 million compared with $1,052.5 million as of Dec 31, 2022. As of Mar 31, 2023, CWT had cash and cash equivalents of $52.3 million compared with $62.1 million as of Dec 31, 2022. California Water’s total operating expenses were $148.6 million, down 9.3% from the year-ago quarter’s $163.8 million.

California Water Service Group has received no research coverage in the past 90 days. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.

The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Free Report) is set to release first-quarter 2023 results on May 8, after market close.

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. CWT reported net operating loss of $17.5 million against the year-ago quarter’s income of $9.1 million.

California Water Service Group CWT recorded a first-quarter 2023 adjusted loss of 40 cents per share, which missed the Zacks Consensus Estimate of earnings of 8 cents by 600%. Represents the company’s profit divided by the outstanding shares of its common stock. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. The Company offers online and offline bookings, program optimization, data capture, program management, traveler, and security services, as well as conducts meetings, events, and travel consulting solution. Bloomberg Real Yield Bloomberg Real Yield focuses on global issues and events that directly affect debt markets.

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This indicates that California Water Service Group will be able to sustain or increase its dividend. According to analysts’ consensus price target of $65.00, California Water Service Group has a forecasted upside of 15.2% from its current price of $56.44. California Water Service Group has received a consensus rating of Hold.

The bottom line also depreciated from the year-ago quarter’s earnings of 2 cents per share. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. Based on earnings estimates, California Water Service Group will have a dividend payout ratio of 50.24% next year.