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Utilities - Regulated Water - NYSE - US
$ 50.97
1.57 %
$ 3.03 B
Market Cap
14.73
P/E
1. INTRINSIC VALUE

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. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico.[ Read More ]

The intrinsic value of one CWT stock under the base case scenario is HIDDEN Compared to the current market price of 51 USD, California Water Service Group is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CWT

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FINANCIALS
795 M REVENUE
-6.12%
77.1 M OPERATING INCOME
-39.58%
51.9 M NET INCOME
-45.51%
218 M OPERATING CASH FLOW
-10.65%
-389 M INVESTING CASH FLOW
-16.06%
172 M FINANCING CASH FLOW
78.46%
300 M REVENUE
22.62%
66.7 M OPERATING INCOME
17.40%
60.6 M NET INCOME
49.33%
102 M OPERATING CASH FLOW
7.86%
-121 M INVESTING CASH FLOW
-15.26%
41.2 M FINANCING CASH FLOW
805.67%
Balance Sheet Decomposition California Water Service Group
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Current Assets 296 M
Cash & Short-Term Investments 39.6 M
Receivables 96.3 M
Other Current Assets 160 M
Non-Current Assets 4.3 B
Long-Term Investments 0
PP&E 3.77 B
Other Non-Current Assets 533 M
Current Liabilities 430 M
Accounts Payable 157 M
Short-Term Debt 182 M
Other Current Liabilities 91.4 M
Non-Current Liabilities 2.73 B
Long-Term Debt 1.05 B
Other Non-Current Liabilities 1.68 B
EFFICIENCY
Earnings Waterfall California Water Service Group
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Revenue 795 M
Cost Of Revenue 554 M
Gross Profit 240 M
Operating Expenses 304 M
Operating Income 77.1 M
Other Expenses 25.2 M
Net Income 51.9 M
RATIOS
30.26% GROSS MARGIN
30.26%
9.71% OPERATING MARGIN
9.71%
6.53% NET MARGIN
6.53%
3.64% ROE
3.64%
1.13% ROA
1.13%
3.34% ROIC
3.34%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis California Water Service Group
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Net Income 51.9 M
Depreciation & Amortization 123 M
Capital Expenditures -384 M
Stock-Based Compensation 2.99 M
Change in Working Capital 15.4 M
Others -44.6 M
Free Cash Flow -166 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets California Water Service Group
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Wall Street analysts predict an average 1-year price target for CWT of $55.8 , with forecasts ranging from a low of $49 to a high of $67 .
CWT Lowest Price Target Wall Street Target
49 USD -3.87%
CWT Average Price Target Wall Street Target
55.8 USD 9.48%
CWT Highest Price Target Wall Street Target
67 USD 31.45%
4. DIVIDEND ANALYSIS
0.52% DIVIDEND YIELD
0.28 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership California Water Service Group
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Sold
0-3 MONTHS
60.7 K USD 1
3-6 MONTHS
142 K USD 1
6-9 MONTHS
141 K USD 1
9-12 MONTHS
123 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 04, 2024
Sell 30.6 K USD
Krummel Thomas M
Director
- 555
55.09 USD
2 months ago
Aug 21, 2024
Sell 30.2 K USD
Krummel Thomas M
Director
- 555
54.33 USD
3 months ago
Aug 07, 2024
Sell 29.4 K USD
Krummel Thomas M
Director
- 555
52.9082 USD
4 months ago
Jul 17, 2024
Sell 29.4 K USD
Krummel Thomas M
Director
- 555
52.9886 USD
4 months ago
Jul 11, 2024
Sell 82.8 K USD
Krummel Thomas M
Director
- 1654
50.07 USD
6 months ago
May 15, 2024
Sell 29.6 K USD
Krummel Thomas M
Director
- 555
53.2557 USD
6 months ago
May 01, 2024
Sell 111 K USD
Krummel Thomas M
Director
- 2220
50 USD
10 months ago
Jan 03, 2024
Sell 28.8 K USD
Krummel Thomas M
Director
- 555
51.9 USD
10 months ago
Dec 20, 2023
Sell 29.7 K USD
Krummel Thomas M
Director
- 555
53.45 USD
11 months ago
Dec 12, 2023
Sell 35.5 K USD
Mortensen Michelle R
Corporate Secretary
- 675
52.56 USD
1 year ago
Nov 15, 2023
Sell 28.7 K USD
Krummel Thomas M
Director
- 555
51.7669 USD
1 year ago
Nov 02, 2023
Sell 111 K USD
Krummel Thomas M
Director
- 2220
50 USD
1 year ago
May 05, 2023
Sell 56.8 K USD
Kuta Robert J
VP, Engineering
- 1000
56.79 USD
1 year ago
Dec 13, 2022
Sell 30.4 K USD
Krummel Thomas M
Director
- 469
64.89 USD
1 year ago
Nov 30, 2022
Sell 96.2 K USD
Krummel Thomas M
Director
- 1529
62.92 USD
2 years ago
Nov 07, 2022
Sell 12 K USD
Healey David B
director: VP, Controller
- 200
60 USD
2 years ago
Nov 02, 2022
Sell 17.9 K USD
Healey David B
director: VP, Controller
- 300
59.78 USD
2 years ago
Aug 30, 2022
Sell 18.2 K USD
Healey David B
director: VP, Controller
- 300
60.54 USD
2 years ago
Aug 19, 2022
Sell 63 K USD
Snow Lester A
director:
- 1000
63.04 USD
2 years ago
Aug 03, 2022
Sell 25.7 K USD
Luu Michael B
director: VP, Customer Service & IT
- 425
60.54 USD
2 years ago
Jun 02, 2022
Sell 11 K USD
Healey David B
director: VP, Controller
- 200
55.12 USD
2 years ago
Jun 02, 2022
Sell 75.3 K USD
Kuta Robert J
director: VP, Engineering
- 1365
55.14 USD
2 years ago
Jun 02, 2022
Sell 16.5 K USD
Healey David B
director: VP, Controller
- 300
55 USD
2 years ago
May 17, 2022
Sell 26.6 K USD
Healey David B
director: VP, Controller
- 500
53.15 USD
2 years ago
Dec 16, 2021
Sell 85.5 K USD
Kuta Robert J
VP, Engineering
- 1200
71.23 USD
2 years ago
Dec 15, 2021
Sell 30.4 K USD
Mortensen Michelle R
Corporate Secretary
- 430
70.75 USD
3 years ago
Sep 02, 2021
Sell 16.3 K USD
Healey David B
director: VP, Controller
- 250
65.12 USD
3 years ago
Aug 12, 2021
Sell 44.4 K USD
Snow Lester A
Director
- 700
63.5 USD
3 years ago
Aug 04, 2021
Sell 47.7 K USD
McGhee Lynne P
VP, General Counsel
- 746
64 USD
3 years ago
Aug 04, 2021
Sell 31.9 K USD
Healey David B
VP, Controller
- 500
63.77 USD
3 years ago
Jun 15, 2021
Sell 90.9 K USD
BAYER TERRY
Director
- 1554
58.47 USD
3 years ago
Jun 07, 2021
Sell 28.5 K USD
Healey David B
VP, Controller
- 500
57 USD
3 years ago
May 05, 2021
Sell 50.2 K USD
Simon Gerald A
Chief Safety & Preparedness
- 854
58.73 USD
3 years ago
May 06, 2021
Sell 23.6 K USD
Luu Michael B
VP, Customer Service & IT
- 407
57.98 USD
3 years ago
Mar 15, 2021
Sell 26.7 K USD
Ouyang Elissa Y
Chief Procurement & Lead CI
- 500
53.314 USD
7. News
California Water Service Group (CWT) Q3 2024 Earnings Call Transcript California Water Service Group (NYSE:CWT ) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Martin Kropelnicki - Chairman and Chief Executive Officer Greg Milleman - Vice President of Rates and Regulatory Affairs Conference Call Participants Jonathan Reeder - Wells Fargo Operator Thank you for standing by. My name is Kathleen, and I will be your conference operator today. seekingalpha.com - 2 weeks ago
California Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y CWT's third-quarter earnings lag estimates, while revenues increase year over year by 17.5%. zacks.com - 2 weeks ago
California Water Service Group (CWT) Lags Q3 Earnings Estimates California Water Service Group (CWT) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.60 per share a year ago. zacks.com - 2 weeks ago
California Water Service Group Reports Third Quarter Results SAN JOSE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the third quarter of 2024. globenewswire.com - 2 weeks ago
California Water Service Group Board of Directors Declares 319th Consecutive Quarterly Dividend SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- At its meeting on October 30, 2024, the California Water Service Group (NYSE: CWT) 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. globenewswire.com - 2 weeks ago
NAACP Butte County Chapter Recognizes Cal Water with Award for Commitment to Supporting Oroville, Chico Communities SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the utility's commitment to improving the lives of those in its local communities, the National Association for the Advancement of Colored People (NAACP) Butte County Chapter has honored California Water Service (Cal Water) with the 2024 Excellence in Community Grants & Scholarships Award. globenewswire.com - 3 weeks ago
Newsweek names California Water Service Group One of “America's Greenest Companies” SAN JOSE, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- For its commitment to and advancements in sustainability, California Water Service Group (Group) (NYSE: CWT) has been named one of “America's Greenest Companies” by Newsweek. globenewswire.com - 1 month ago
California Water Service Stock Gains From Organic Growth & Investment CWT benefits from acquisition and investments, while dependence on a single state for the majority of its earnings is a drawback. zacks.com - 1 month ago
Buy 7 October Dividend Kings, Watch 10 More A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 13.99%-20.65% topped by Northwest Natural and United Bankshares. By yield, Altria tops all. Top-ten October dogs: HRL, KVUE, FRT, UBSI, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.87% in yield. seekingalpha.com - 1 month ago
California Water Service Group Schedules 2024 Third Quarter Earnings Results Announcement and Conference Call SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 third quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, October 31, 2024. globenewswire.com - 1 month ago
Undervalued Dividend Kings: October 2024 Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for potential investment. The article provides tables and charts presenting quality scores, key metrics, and fair value estimates. seekingalpha.com - 1 month ago
EPA Names Cal Water 2024 WaterSense® Excellence Award Winner for Second Consecutive Year SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the second year in a row, the U.S. Environmental Protection Agency (EPA) has honored California Water Service (Cal Water) with its WaterSense® Excellence in Promoting WaterSense Labeled Products Award. globenewswire.com - 1 month ago
8. Profile Summary

California Water Service Group CWT

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COUNTRY US
INDUSTRY Regulated Water
MARKET CAP $ 3.03 B
Dividend Yield 0.52%
Description 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. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 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, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.
Contact 1720 North First Street, San Jose, CA, 95112-4598 https://www.calwatergroup.com
IPO Date March 26, 1990
Employees 1266
Officers Mr. Michael S. Mares Jr. Senior Vice President of Operations Mr. Shawn C. Bunting Senior Vice President of Business Development & General Counsel Mr. Ronald D. Webb Vice President & Chief Human Resource Officer Mr. James Patrick Lynch Senior Vice President, Chief Financial Officer & Treasurer Mr. Martin A. Kropelnicki Chairman, President & Chief Executive Officer Mr. Thomas A. Scanlon Corporate Controller & Principal Accounting Officer Ms. Shannon C. Dean Senior Vice President of Customer Service & Chief Sustainability Officer Mr. Kenneth G. Jenkins Chief Water Resource Sustainability Officer Mr. Todd K. Peters Chief Engineering Officer Mr. Michael B. Luu Senior Vice President of Corporate Services & Chief Risk Officer