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CWT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
43.685
Open
43.300
VWAP
43.29
Vol
461.69K
Mkt Cap
2.59B
Low
42.970
Amount
19.99M
EV/EBITDA(TTM)
12.94
Total Shares
59.85M
EV
4.24B
EV/OCF(TTM)
13.53
P/S(TTM)
2.56
California Water Service Group is a holding company that provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its subsidiaries. Its business is conducted through its operating subsidiaries and provides utility services. Its business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of domestic and municipal fire protection services. It provides wastewater collection and treatment services, including treatment which allows water recycling. It also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, meter reading, and billing services. Non-regulated operations also include the lease of communication antenna sites, lab services and promotion of other non-regulated services.
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Events Timeline

(ET)
2026-04-30
19:40:00
California Water Service's 2024 Rate Case Approved, Revenue Up $90.5 Million
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2026-04-30
05:50:00
Company Reports Q1 Revenue of $214.57M
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2026-02-25 (ET)
2026-02-25
17:30:00
California Water Company Reports Q4 Revenue of $220.0M
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2026-02-25
17:30:00
California Water Service Acquires Nexus Water for $218 Million
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2026-01-08 (ET)
2026-01-08
18:40:00
California Water Service Group Acquires Remaining Membership Interests in BVRT
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2026-01-07 (ET)
2026-01-07
17:10:00
California Water Service Group Promotes Todd K. Peters and Thomas A. Scanlon
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2025-12-29 (ET)
2025-12-29
18:10:00
California Water Service Approved for 3% Rate Increase Effective January 1, 2026
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2025-10-30 (ET)
2025-10-30
09:09:35
California Water Service announces Q3 earnings per share of $1.03, surpassing consensus estimate of 94 cents.
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News

Newsfilter
5.0
05-20Newsfilter
California Water Service Group Executive Promotions
  • Executive Promotions: The California Water Service Group's Board unanimously approved the promotions of Tamara S. Johnson to Vice President of California Operations and Gregory D. Shimansky to Vice President of Rates and Regulatory Affairs, effective July 1, 2026, reflecting the company's growth amid increasing operational complexities in the water utility sector.
  • Rich Industry Experience: Johnson brings 40 years of public water utility experience, having started her career at California Water Service in 1985 and previously serving as Director of Field Operations for the Southern California Region, which is expected to enhance operational efficiency within the company.
  • New Position Creation: The newly established Vice President of California Operations role aims to address challenges arising from the company's expansion, with Kropelnicki noting that Johnson's expertise will contribute to improved operational efficiency and service quality.
  • Focus on Regulatory Affairs: Shimansky, who joined the company in 2024 focusing on rates and regulatory affairs outside California, succeeds retiring Greg A. Milleman, and is expected to optimize rate designs and regulatory mechanisms to maintain affordability for customers while investing in water system infrastructure.
Newsfilter
2.0
05-18Newsfilter
California Water Service Group Releases 2025 Sustainability Report
  • Environmental Investment: In 2025, California Water Service Group invested $7.3 million in emissions-reducing energy solutions, which is expected to save over 100 million gallons of water annually, demonstrating its ongoing commitment to environmental sustainability.
  • Customer Service Enhancement: The company provided $22 million in discounts through its low-income Customer Assistance Program to over 100,000 customers, achieving 100% compliance in over 630,000 water quality tests, reflecting its focus on customer satisfaction.
  • Employee Engagement: For the tenth consecutive year, the company earned the Great Place to Work® certification and reduced OSHA-recordable injuries by 35%, indicating its commitment to employee safety and training.
  • Integrity in Governance: Recognized as one of the
seekingalpha
9.5
05-01seekingalpha
California Water Service Group Q1 2026 Earnings Call Insights
  • Infrastructure Investment Growth: California Water Service Group reported a 17% year-over-year increase in infrastructure investment for Q1 2026, reaching $129.5 million, which not only enhances the company's service capabilities but also lays the groundwork for future business expansion.
  • Revenue and Net Income Changes: The company recorded revenue of $214.6 million in Q1 2026, up from $204 million in Q1 2025; however, net income fell to $4 million, highlighting challenges in balancing cost control with revenue growth.
  • Regulatory Decision Impact: The company anticipates a revenue increase of approximately $91 million in 2026 pending approval from the California Public Utilities Commission, with subsequent increases of $43 million and $49 million in the following two years, which will support the company's long-term financial health.
  • Ongoing Shareholder Returns: California Water Service Group declared its 325th consecutive quarterly dividend of $0.335 per share and plans to pay an annual dividend of $1.34 per share in 2026, demonstrating the company's ongoing commitment to shareholder returns.
Newsfilter
8.5
04-30Newsfilter
California Water Service Receives 2024 Rate Decision
  • Rate Increase: California Water Service is set to increase its revenues by $90.5 million in 2026, reflecting a 10.9% rate hike, which will facilitate infrastructure investments through 2027, ensuring safe and reliable water service.
  • Infrastructure Investment: The company is authorized to invest $1.45 billion from 2024 to 2027 for infrastructure upgrades, including water quality projects and supply security measures to address newly regulated contaminants and enhance service quality.
  • Financial Stability Mechanisms: The new decision introduces a sales reconciliation mechanism and water production cost balancing accounts, which, while not fully decoupling, will help maintain financial stability amid sales fluctuations, particularly supporting low-income customers.
  • Implementation Timeline: The new rates are expected to take effect on July 1, 2026, marking the conclusion of nearly two years of review, allowing the company to continue providing high-quality water services to meet everyday and emergency needs.
seekingalpha
9.5
04-30seekingalpha
California Water Service Q1 Earnings Report Analysis
  • Earnings Miss: California Water Service reported a Q1 GAAP EPS of $0.07, missing expectations by $0.16, indicating pressure on profitability that could affect investor confidence.
  • Revenue Growth: The company achieved Q1 revenue of $214.57 million, a 5.2% year-over-year increase, beating market expectations by $4.3 million, demonstrating resilience in revenue generation despite earnings shortfall.
  • Future Growth Outlook: California Water Service Group anticipates nearly 12% compounded annual rate base growth through 2027, indicating a positive outlook as it expands into Nevada and Oregon, potentially providing returns for long-term investors.
  • Market Reaction: Despite revenue exceeding expectations, the earnings miss may pressure the stock price in the short term, prompting investors to monitor the company's future performance improvements and strategic adjustments.
Newsfilter
9.5
04-30Newsfilter
California Water Service Group Reports Q1 2026 Results and Rate Case Update
  • Financial Overview: Q1 2026 net income was $4.0 million, or $0.07 per diluted share, a significant decline from $13.3 million and $0.22 in Q1 2025, reflecting the impact of declining customer consumption and climate variability, which may pose risks to future profitability.
  • Revenue Change Analysis: Revenue for Q1 2026 was $214.6 million, slightly up from $204.0 million in Q1 2025; however, a $3.1 million decrease in revenue due to reduced customer consumption indicates market demand instability that could affect the sustainability of the company's income.
  • Infrastructure Investment Progress: The company invested $129.4 million in infrastructure in Q1 2026, up from $110.1 million in Q1 2025, with total anticipated investments reaching $627 million in 2026, demonstrating a strong commitment to expanding and enhancing service capabilities.
  • Acquisition Strategy: The company announced an agreement to acquire Nexus Water Group's water systems in Nevada and Oregon for approximately $218 million, expected to add about 36,000 customer equivalent residential units, further solidifying its leadership position in the western market and supporting long-term growth strategies.
Wall Street analysts forecast CWT stock price to rise
1 Analyst Rating
Wall Street analysts forecast CWT stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
51.00
Averages
51.00
High
51.00
Current: 0.000
sliders
Low
51.00
Averages
51.00
High
51.00
Baird
David Sunderland
Outperform
to
Outperform
downgrade
$55 -> $54
AI Analysis
2026-05-01
Reason
Baird
David Sunderland
Price Target
$55 -> $54
AI Analysis
2026-05-01
downgrade
Outperform
to
Outperform
Reason
Baird analyst David Sunderland lowered the firm's price target on California Water Service to $54 from $55 and keeps an Outperform rating on the shares. The firm updated its model following mixed Q1 results.
Baird
David Sunderland
Outperform -> NULL
downgrade
$60 -> $55
2025-10-31
Reason
Baird
David Sunderland
Price Target
$60 -> $55
2025-10-31
downgrade
Outperform -> NULL
Reason
Baird analyst David Sunderland lowered the firm's price target on California Water Service to $55 from $60 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results where there was reason for optimism despits the potential for the delay of GRC.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CWT
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Valuation Metrics

The current forward P/E ratio for California Water Service Group (CWT.N) is 16.84, compared to its 5-year average forward P/E of 24.52. For a more detailed relative valuation and DCF analysis to assess California Water Service Group's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
24.52
Current PE
16.84
Overvalued PE
31.56
Undervalued PE
17.48

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
13.66
Current EV/EBITDA
15.52
Overvalued EV/EBITDA
15.67
Undervalued EV/EBITDA
11.65

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.24
Current PS
2.24
Overvalued PS
3.78
Undervalued PS
2.70

Financials

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Whales Holding CWT

T
Triodos Investment Management B.V.
Holding
CWT
+6.71%
3M Return
B
Blackhill Capital, Inc
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-3.15%
3M Return

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Frequently Asked Questions

What is California Water Service Group (CWT) stock price today?

The current price of CWT is 43.21 USD — it has decreased -0.3

What is California Water Service Group (CWT)'s business?

California Water Service Group is a holding company that provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its subsidiaries. Its business is conducted through its operating subsidiaries and provides utility services. Its business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, and the provision of domestic and municipal fire protection services. It provides wastewater collection and treatment services, including treatment which allows water recycling. It also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, meter reading, and billing services. Non-regulated operations also include the lease of communication antenna sites, lab services and promotion of other non-regulated services.

What is the price predicton of CWT Stock?

Wall Street analysts forecast CWT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWT is51.00 USD with a low forecast of 51.00 USD and a high forecast of 51.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is California Water Service Group (CWT)'s revenue for the last quarter?

California Water Service Group revenue for the last quarter amounts to 214.57M USD, increased 5.20

What is California Water Service Group (CWT)'s earnings per share (EPS) for the last quarter?

California Water Service Group. EPS for the last quarter amounts to 0.07 USD, decreased -68.18

How many employees does California Water Service Group (CWT). have?

California Water Service Group (CWT) has 1336 emplpoyees as of May 22 2026.

What is California Water Service Group (CWT) market cap?

Today CWT has the market capitalization of 2.59B USD.