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CWT

California Water Service Group

CWT

NYSE·Utilities·Regulated Water·Mkt cap $3.1B

$50.03

-0.99%

P/E

22.46

Mkt Cap

$3.1B

52-Wk Range

$41.29–$53.82

52-Week Range

$41.29 - $53.82

P/E

22.46

Fwd P/E

19.35

Beta

0.49

Div Yield

2.61%

Avg Vol

533.9K

Shares Out

59.6M

Mkt Cap

$3.1B

Price action

Price chart

Up 8.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Regulated utility status providing stable, predictable revenue and rate-of-return protection
  • Established infrastructure and 98-year operational history across five states with 545,700+ customer connections
  • Essential service monopoly in service territories with high customer retention and inelastic demand
  • Diversified geographic presence reducing concentration risk and exposure to regional droughts
  • Non-regulated service revenue streams providing growth opportunities beyond core utility operations

Bear Case

1 risk

  • Low volatility (beta 0.5).

Growth

Stable outlook

Population growth and urban development in California, Washington, Hawaii, New Mexico, and Texas service territories

Value

Attractively priced below Water Utilities peer average

Momentum

Strong

+10.9% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

2.61% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 22, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $0.93 vs $0.80 consensus (+16.3% surprise). Revenue of $308.6M vs $283.5M expected (+8.8%). Beat on both top and bottom lines.

EPS beat +16.3%
Rev beat +8.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+16.3%

Revenue trend · last 8Q

+4%

-25%

+8%

+4%

-1%

+5%

+16%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$299.6M

$222.2M

$204.0M

$265.0M

$311.2M

$220.0M

$214.6M

$308.6M

Margins · last 8Q

Gross

-20.6%

Operating

22.9%

Profit

18.3%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Seaport Global · Aug 12, 2026

vs Industry

How CWT stacks vs Regulated Water

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.