Zacks Research Has Positive Outlook for CWT Q3 Earnings

California Water Service Group (NYSE:CWT) – Equities researchers at Zacks Research raised their Q3 2025 EPS estimates for shares of California Water Service Group in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $1.16 per share for the quarter, up from their previous estimate of $1.13. The consensus estimate for California Water Service Group’s current full-year earnings is $3.15 per share. Zacks Research also issued estimates for California Water Service Group’s Q4 2025 earnings at $0.57 EPS, Q3 2026 earnings at $1.19 EPS and Q4 2026 earnings at $0.69 EPS.

CWT has been the topic of several other reports. StockNews.com upgraded shares of California Water Service Group from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Wells Fargo & Company raised shares of California Water Service Group from an “equal weight” rating to an “overweight” rating and decreased their price objective for the stock from $56.00 to $52.00 in a report on Tuesday, January 7th. Finally, Bank of America initiated coverage on shares of California Water Service Group in a report on Wednesday, December 11th. They set a “buy” rating and a $57.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, California Water Service Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.25.

California Water Service Group Stock Up 0.9 %

CWT stock opened at $47.45 on Thursday. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 0.46 and a beta of 0.49. California Water Service Group has a 12 month low of $41.64 and a 12 month high of $56.25. The company has a current ratio of 0.64, a quick ratio of 0.60 and a debt-to-equity ratio of 0.64. The firm has a 50-day moving average of $45.08 and a two-hundred day moving average of $49.13.

California Water Service Group (NYSE:CWT) last released its earnings results on Thursday, February 27th. The utilities provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.05). The company had revenue of $222.20 million for the quarter, compared to analysts’ expectations of $216.37 million. California Water Service Group had a return on equity of 13.24% and a net margin of 19.56%. During the same period in the prior year, the firm posted $0.52 EPS.

California Water Service Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Monday, February 10th were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, February 10th. This is a boost from California Water Service Group’s previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a yield of 2.53%. California Water Service Group’s dividend payout ratio is currently 36.70%.

Institutional Trading of California Water Service Group

A number of institutional investors and hedge funds have recently modified their holdings of CWT. Putney Financial Group LLC acquired a new stake in shares of California Water Service Group in the 4th quarter worth about $78,000. Mackenzie Financial Corp boosted its position in shares of California Water Service Group by 144.3% during the 4th quarter. Mackenzie Financial Corp now owns 9,622 shares of the utilities provider’s stock valued at $436,000 after purchasing an additional 5,684 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of California Water Service Group by 20.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 257,225 shares of the utilities provider’s stock valued at $11,660,000 after purchasing an additional 42,926 shares in the last quarter. Voloridge Investment Management LLC boosted its position in shares of California Water Service Group by 93.0% during the 4th quarter. Voloridge Investment Management LLC now owns 19,883 shares of the utilities provider’s stock valued at $901,000 after purchasing an additional 9,581 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of California Water Service Group during the 4th quarter valued at about $602,000. 82.78% of the stock is owned by institutional investors and hedge funds.

California Water Service Group Company Profile

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.