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California Water Service (CWT)
NYSE:CWT
CWT Stock Chart & Stats
$45.08
-$1.85(-4.17%)
At close: 4:00 PM EST
$45.08
-$1.85(-4.17%)
Day’s Range― - ―
52-Week Range$41.29 - $51.63
Previous CloseN/A
Volume79.59K
Average Volume (3M)347.69K
Market Cap
$2.69B
Enterprise Value$2.64B
Total Cash (Recent Filing)$51.82M
Total Debt (Recent Filing)$2.27M
Price to Earnings (P/E)21.0
Beta0.04
Next Earnings
Apr 23, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield2.88%
Share Statistics
EPS (TTM)0.19
Shares Outstanding59,591,340
10 Day Avg. Volume337,742
30 Day Avg. Volume347,693
Financial Highlights & Ratios
PEG Ratio-0.59
Price to Book (P/B)1.53
Price to Sales (P/S)2.58
P/FCF Ratio8.53
Enterprise Value/Market Cap0.98
Enterprise Value/Revenue2.64
Enterprise Value/Gross Profit5.24
Enterprise Value/Ebitda7.96
Forecast
1Y Price Target
$51.00Price Target Upside13.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)2.49
Revenue Forecast (FY)$1.08B
Bulls Say, Bears Say
Bulls Say
Rate-base Growth Via Capital InvestmentHeavy, sustained capital deployment increases regulated rate base, the core long-term earnings driver for utilities. Management's record $517M 2025 investment and projected ~12% compounded rate-base growth through 2027 (if approved) should support durable tariff revenue recovery and steady cash generation as new investments roll into rates.
Strong Regulatory Positions & ROE ProtectionAn authorized 10.27% allowed ROE and CPUC approval of interim rate adjustments materially reduce regulatory earnings risk. This preserved return profile and interim cash recovery bolster the utility's ability to recoup investments through rates, supporting predictable operating cash flows and investment economics over multiple years.
Accretive Strategic Acquisitions And Geographic GrowthTargeted acquisitions expand regulated rate base and customer density in growth markets, diversifying geography and revenue sources. Nexus and BVRT add connections and development pipelines that can be accretive to earnings once integrated, enhancing long-term organic growth visibility beyond weather-driven demand swings in any single state.
Bears Say
Persistent Negative Free Cash FlowSustained negative free cash flow forces reliance on external financing (debt or equity) to fund capex and dividends. Even with ample credit lines, persistent FCF deficits heighten refinancing frequency and cost, constrain balance-sheet flexibility for contingencies, and magnify funding risk if capital plans or recoveries slip.
Large PFAS Capital ExposureA roughly $235M unfunded PFAS investment obligation presents a material, multi-year funding gap. Limited recoveries to date mean the company must rely on grants, litigation recoveries, or rate case approvals; absent full recovery this spending could compress returns, increase leverage, or force reprioritization of other infrastructure projects.
Regulatory Timing And Affordability UncertaintyPending major rate-case decisions and heightened affordability scrutiny increase revenue timing and quantum risk. Delays or reduced authorized increases would postpone recovery of invested capital and required expenses, raising interim financing needs and making long-term cash flows and returns more contingent on regulatory outcomes.
California Water Service News
CWT FAQ
What was California Water Service’s price range in the past 12 months?
California Water Service lowest stock price was $41.29 and its highest was $51.63 in the past 12 months.
What is California Water Service’s market cap?
California Water Service’s market cap is $2.69B.
When is California Water Service’s upcoming earnings report date?
California Water Service’s upcoming earnings report date is Apr 23, 2026 which is in 53 days.
How were California Water Service’s earnings last quarter?
California Water Service released its earnings results on Feb 25, 2026. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.359 by -$0.169.
Is California Water Service overvalued?
According to Wall Street analysts California Water Service’s price is currently Undervalued.
Does California Water Service pay dividends?
California Water Service pays a Quarterly dividend of $0.3 which represents an annual dividend yield of 2.88%. See more information on California Water Service dividends here
What is California Water Service’s EPS estimate?
California Water Service’s EPS estimate is 0.23.
How many shares outstanding does California Water Service have?
California Water Service has 59,591,340 shares outstanding.
What happened to California Water Service’s price movement after its last earnings report?
California Water Service reported an EPS of $0.19 in its last earnings report, missing expectations of $0.359. Following the earnings report the stock price went down -4.395%.
Which hedge fund is a major shareholder of California Water Service?
Currently, no hedge funds are holding shares in CWT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
California Water Service Stock Smart Score
Neutral
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$51.00 (13.13% Upside)
$51.00 (13.13% Upside)
Blogger Sentiment
Bullish
CWT Sentiment 87%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 10.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $16.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 14.5%
Last 30 Days ▼ 14.5%
News Sentiment
Neutral
Bullish news 57%
Bearish news 43%
Bearish news 43%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.97%
12-Months-Change
Fundamentals
Return on Equity
7.71%
Trailing 12-Months
Asset Growth
7.66%
Trailing 12-Months
Company Description
California Water Service
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.
CWT Company Deck
CWT Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a balanced but constructive outlook: management reported record capital investment, strategic acquisitions (Nevada, Oregon, Texas) expected to be accretive, maintained strong liquidity and credit ratings, and delivered non‑GAAP revenue and net income growth. However, near‑term results were materially pressured by an extreme weather event that significantly reduced Q4 consumption and earnings, ongoing PFAS capital requirements (~$235M remaining) with limited recoveries so far, and regulatory timing/affordability scrutiny that adds uncertainty around rate relief. Overall, the company appears financially stable with clear growth and investment initiatives, but faces identifiable near-term headwinds that management is actively addressing.View all CWT earnings summariesCWT Stock 12 Month Forecast
Average Price Target
$51.00
▲(13.13% Upside)
Technical Analysis
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Ownership Overview
0.72% Insiders
26.21% Mutual Funds
8.40% Other Institutional Investors
27.09% Public Companies and
Individual Investors