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CWT

CWT - California Water Service Group Stock Price, Fair Value and News

47.56USD-0.40 (-0.83%)Market Closed

Market Summary

CWT
USD47.56-0.40
Market Closed
-0.83%

CWT Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

CWT Stock Price

View Fullscreen

CWT RSI Chart

CWT Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

19.08

Price/Sales (Trailing)

2.94

Price/Free Cashflow

12.3

CWT Price/Sales (Trailing)

CWT Profitability

Return on Equity

9.79%

Return on Assets

3.01%

Free Cashflow Yield

8.13%

CWT Fundamentals

CWT Revenue

Revenue (TTM)

934.3M

Rev. Growth (Yr)

106.52%

Rev. Growth (Qtr)

26.22%

CWT Earnings

Earnings (TTM)

144.0M

Earnings Growth (Yr)

414.79%

Earnings Growth (Qtr)

131.65%

Breaking Down CWT Revenue

Last 7 days

-0.1%

Last 30 days

-9.9%

Last 90 days

2.7%

Trailing 12 Months

-9.0%

How does CWT drawdown profile look like?

CWT Financial Health

Current Ratio

0.56

Debt/Equity

0.72

Debt/Cashflow

0.21

CWT Investor Care

Dividend Yield

2.19%

Dividend/Share (TTM)

1.04

Shares Dilution (1Y)

3.75%

Diluted EPS (TTM)

2.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024934.3M000
2023804.5M792.4M781.1M794.6M
2022816.2M809.2M818.8M846.4M
2021816.5M854.1M806.7M790.9M
2020714.0M710.5M782.0M794.3M
2019689.8M693.8M705.1M714.6M
2018679.4M683.2M692.8M698.2M
2017609.7M628.4M655.8M666.9M
2016588.1M596.1M596.9M609.4M
2015609.0M595.0M587.3M588.4M
2014583.2M587.0M593.8M597.5M
2013554.7M565.7M571.9M584.1M
2012520.4M532.6M541.5M560.0M
2011468.3M481.4M504.3M501.8M
2010453.0M454.7M461.9M460.4M
20090423.3M436.4M449.4M
2008000410.3M
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Tracking the Latest Insider Buys and Sells of California Water Service Group

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 07, 2024
james sophie marwieh
sold (taxes)
-1,142
47.59
-24.00
vp, water quality/ env affairs
Jun 07, 2024
mares michael s jr
sold (taxes)
-2,093
47.59
-44.00
vice president, operations
Jun 07, 2024
bunting shawn c
sold (taxes)
-2,141
47.59
-45.00
sr. vp, gc and business dev
Jun 07, 2024
luu michael b
sold (taxes)
-2,569
47.59
-54.00
sr. vp corp svcs & chief risk
Jun 07, 2024
ouyang elissa y
sold (taxes)
-2,474
47.59
-52.00
chief procurement & lead ci
Jun 07, 2024
dean shannon c
sold (taxes)
-2,712
47.59
-57.00
sr. vp, cust svc & chief sust.
Jun 07, 2024
webb ronald d
sold (taxes)
-2,427
47.59
-51.00
vp, human resources
Jun 07, 2024
mortensen michelle r
sold (taxes)
-2,712
47.59
-57.00
vp, corp sec &chief of staff
Jun 07, 2024
milleman greg a
sold (taxes)
-2,474
47.59
-52.00
vp, rates and regulatory aff
Jun 07, 2024
scanlon thomas a
sold (taxes)
-1,094
47.59
-23.00
controller & principal acctng

1–10 of 50

Which funds bought or sold CWT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-48.00
-1,975
1,915
-%
May 29, 2024
Clean Yield Group
reduced
-6.98
-111,282
557,063
0.22%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-95,000
820,000
0.01%
May 24, 2024
Cetera Investment Advisers
added
192
348,412
562,887
-%
May 23, 2024
Wellington Shields & Co., LLC
added
100
232,400
491,750
0.09%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.2
-475,352
2,683,010
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-85.94
-3,963,100
571,378
-%
May 16, 2024
COMERICA BANK
reduced
-19.52
-454,261
1,174,950
-%
May 16, 2024
Tidal Investments LLC
new
-
535,217
535,217
0.01%
May 15, 2024
Integrated Wealth Concepts LLC
reduced
-0.09
-37,192
318,317
-%

1–10 of 48

Are Funds Buying or Selling CWT?

Are funds buying CWT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CWT
No. of Funds

Unveiling California Water Service Group's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
5.0%
2,908,537
SC 13G
Feb 13, 2024
vanguard group inc
12.07%
6,966,637
SC 13G/A
Jan 29, 2024
state street corp
5.95%
3,434,902
SC 13G/A
Jan 19, 2024
blackrock inc.
18.5%
10,687,783
SC 13G/A
Feb 09, 2023
vanguard group inc
12.33%
6,761,651
SC 13G/A
Feb 08, 2023
state street corp
9.73%
5,337,022
SC 13G/A
Jan 26, 2023
blackrock inc.
19.0%
10,409,635
SC 13G/A
Jan 20, 2023
blackrock inc.
19.0%
10,409,635
SC 13G
Feb 10, 2022
state street corp
7.59%
3,995,363
SC 13G/A
Feb 09, 2022
vanguard group inc
11.87%
6,242,029
SC 13G/A

Recent SEC filings of California Water Service Group

View All Filings
Date Filed Form Type Document
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading

Peers (Alternatives to California Water Service Group)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
698.2M
-6.38% -16.58%
24.2K
3.4K
3.29% 8.78%
46.4B
19.3B
-4.31% 3.69%
16.46
2.4
-2.13% 41.75%
25.2B
4.3B
-3.33% -12.69%
26.27
5.85
10.78% 15.26%
18.7B
7.3B
-6.93% -16.51%
16.2
2.58
-10.88% 5.77%
17.5B
4.1B
-1.39% -1.12%
17.53
4.32
-11.13% 20.48%
16.4B
28.5B
-6.92% 128.80%
9.97
0.57
-9.05% 188.86%
13.7B
12.5B
-8.52% -9.36%
25.92
1.1
-3.77% 203.92%
13.7B
8.3B
-5.59% -8.47%
15.38
1.66
0.05% 30.98%
MID-CAP
8.7B
4.7B
-1.33% -8.43%
16.12
1.85
4.84% 12.15%
3.6B
1.7B
-0.24% 4.48%
15.17
2.12
-1.93% 32.23%
2.7B
1.9B
-10.47% -14.67%
14.24
1.42
9.47% 35.66%
SMALL-CAP
395.7M
187.0M
-13.40% 10.23%
12.25
2.12
74.12% 306.55%
208.8M
3.0M
10.00% -30.47%
-7.56
70.02
100.34% 6.65%
35.5M
417.4M
0.37% -10.37%
1.5
0.09
-10.19% 525.10%
7.5M
867.4K
-6.32% -54.82%
-7.97
9.96
-88.45% 77.17%

California Water Service Group News

Latest updates
Yahoo Canada Shine On13 hours ago
Marketscreener.com10 Jun 202404:36 pm

California Water Service Group Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue26.2%271215255194131201266206173173257213148189304175126177233179126
  S&GA Expenses-3.9%36.0037.0034.0035.0036.0033.0033.0033.0033.0034.0031.0032.0030.0031.0029.0027.0030.0027.0027.0025.0029.00
Interest Expenses21.4%16.0013.0013.0013.0013.0012.0012.0012.0011.0012.0012.0011.0010.0011.0011.0012.0011.0011.0010.0012.0011.00
Income Taxes-17.00----3.90----------------
Net Income131.6%70.0030.0034.009.00-22.2120.0056.0019.001.004.0062.0038.00-3.0315.0096.005.00-20.3111.0042.0017.00-7.64
Net Income Margin136.2%0.15*0.07*0.05*0.08*0.09*0.11*0.10*0.11*0.13*0.13*0.14*0.17*0.14*0.12*0.12*0.05*0.07*0.09*---
Free Cashflow-64.3%27.0074.0010617.0021.0044.0011036.0054.0053.0011238.0030.0021.0077.0016.004.0040.00---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.0%4,7814,5964,0413,9903,8874,2653,8063,6833,6393,6233,6803,5493,4713,3943,5063,3603,2413,1113,0232,9652,901
  Current Assets-4.4%283296302312269296339277272300393306302266306267270185212206193
    Cash Equivalents8.1%43.0040.0035.0056.0086.0085.0011364.0072.0081.0014167.0085.0045.0011411514143.0052.0055.0061.00
  Goodwill0%37.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0031.0032.001.0031.003.003.003.003.003.00
  Current Liabilities18.0%508430381363350295323286282272361362655589604578513359334331384
  Short Term Borrowings55.6%28018011513013070.0070.0070.0050.0035.00120145435370375375335175155165125
  Long Term Debt-0.1%1,0521,0531,0521,0521,0521,0521,0541,0541,0561,0561,0601,060781781785785786787807808711
    LT Debt, Current75.0%1.001.002.002.003.003.006.006.005.005.005.005.005.005.0022.0022.0022.0022.005.005.00105
    LT Debt, Non Current-0.1%1,0521,0531,0521,0521,0521,0521,0541,0541,0561,0561,0601,060781781785785786787807808711
Shareholder's Equity2.8%1,4711,4301,4151,3941,3031,3221,2671,1961,1591,1721,1211,002930910890782755769758723714
  Retained Earnings9.8%603550534515520557551509503515535484458461467381387406415382375
  Additional Paid-In Capital0.0%877877876874778760711682650651581512472449422400368362342340339
Shares Outstanding0.1%58.0058.0058.0058.0056.0056.0054.0054.0054.0052.0052.0051.0050.0049.0050.0049.0049.0048.00---
Minority Interest-4.9%3.004.004.004.005.005.005.005.005.005.005.005.00---------
Float----1,814---2,122---2,364---2,356---2,437-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-64.3%27.0074.0010617.0021.0044.0011036.0054.0053.0011238.0030.0021.0077.0016.004.0040.0085.0023.0020.00
Cashflow From Investing0.0%-109-109-102-95.21-82.08-107-77.50-82.23-68.68-85.34-71.56-75.26-68.72-82.93-91.95-105-65.27-78.80-75.22-62.05-59.88
Cashflow From Financing68.5%87.0051.00-24.2782.0063.0035.0017.0039.006.00-27.9634.0020.0079.00-7.1514.0064.0015930.00-12.9933.0053.00
  Dividend Payments7.7%16.0015.0015.0015.0014.0014.0014.0013.0013.0012.0012.0012.0012.0011.0011.0010.0010.0010.0010.0010.009.00
  Buy Backs998.1%1.000.000.000.002.000.000.000.002.000.000.000.001.000.000.000.001.000.000.000.002.00
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CWT Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Operating revenue$ 270,749$ 131,100
Operations:  
Water production costs64,18555,008
Administrative and general35,59635,986
Other operations26,92516,604
Maintenance8,0107,978
Depreciation and amortization32,84429,915
Income tax expense (benefit)15,538(5,644)
Property and other taxes9,7578,777
Total operating expenses192,855148,624
Net operating income (loss)77,894(17,524)
Other income and expenses:  
Non-regulated revenue5,0984,623
Non-regulated expenses(1,954)(2,275)
Other components of net periodic benefit credit3,2735,221
Allowance for equity funds used during construction1,7421,404
Income tax expense on other income and expenses(1,321)(1,794)
Net other income6,8387,179
Interest expense:  
Interest expense15,80012,818
Allowance for borrowed funds used during construction(758)(829)
Net interest expense15,04211,989
Net income (loss)69,690(22,334)
Net loss attributable to noncontrolling interests(227)(123)
Net income (loss) attributable to California Water Service Group$ 69,917$ (22,211)
Earnings (loss) per share:  
Basic (in dollars per share)$ 1.21$ (0.40)
Diluted (in dollars per share)$ 1.21$ (0.40)
Weighted average shares outstanding:  
Basic (in shares)57,73355,666
Diluted (in shares)57,77455,666

CWT Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Utility plant:  
Utility plant$ 5,022,535$ 4,925,483
Less accumulated depreciation and amortization(1,174,013)(1,152,228)
Net utility plant3,848,5223,773,255
Current assets:  
Cash and cash equivalents42,81439,591
Restricted cash45,44945,375
Receivables:  
Customers, net51,34659,349
Regulatory balancing accounts56,12564,240
Other, net18,07416,431
Unbilled revenue, net28,76936,999
Materials and supplies16,93416,170
Taxes, prepaid expenses, and other assets23,61518,130
Total current assets283,126296,285
Other assets:  
Regulatory assets384,501257,621
Goodwill37,03937,039
Other227,646231,333
Total other assets649,186525,993
TOTAL ASSETS4,780,8344,595,533
Capitalization:  
Common stock, $0.01 par value; 136,000 shares authorized, 57,754 and 57,724 outstanding on March 31, 2024 and December 31, 2023, respectively578577
Additional paid-in capital876,894876,583
Retained earnings603,326549,573
Accumulated other comprehensive loss(13,366)0
Noncontrolling interests3,4053,579
Total equity1,470,8371,430,312
Long-term debt, net1,052,0991,052,768
Total capitalization2,522,9362,483,080
Current liabilities:  
Current maturities of long-term debt, net1,176672
Short-term borrowings280,000180,000
Accounts payable119,839157,305
Regulatory balancing accounts16,64421,540
Accrued interest18,3326,625
Accrued expenses and other liabilities71,89264,197
Total current liabilities507,883430,339
Deferred income taxes369,600352,762
Regulatory liabilities and other809,165760,493
Pension83,25282,920
Advances for construction197,955199,448
Contributions in aid of construction290,043286,491
Commitments and contingencies (Note 9)
TOTAL CAPITALIZATION AND LIABILITIES$ 4,780,834$ 4,595,533
CWT
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 496,400 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui, Oahu, and Hawaii; approximately 37,500 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, Rainier, Yelm, and Gig Harbor areas; and approximately 10,700 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers. In addition, it provides lab, wastewater collection, and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.
 CEO
 WEBSITEcalwatergroup.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES1225

California Water Service Group Frequently Asked Questions


What is the ticker symbol for California Water Service Group? What does CWT stand for in stocks?

CWT is the stock ticker symbol of California Water Service Group. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of California Water Service Group (CWT)?

As of Fri Jun 14 2024, market cap of California Water Service Group is 2.75 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CWT stock?

You can check CWT's fair value in chart for subscribers.

What is the fair value of CWT stock?

You can check CWT's fair value in chart for subscribers. The fair value of California Water Service Group is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of California Water Service Group is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CWT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is California Water Service Group a good stock to buy?

The fair value guage provides a quick view whether CWT is over valued or under valued. Whether California Water Service Group is cheap or expensive depends on the assumptions which impact California Water Service Group's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CWT.

What is California Water Service Group's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, CWT's PE ratio (Price to Earnings) is 19.08 and Price to Sales (PS) ratio is 2.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CWT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on California Water Service Group's stock?

In the past 10 years, California Water Service Group has provided 0.092 (multiply by 100 for percentage) rate of return.