Consolidated Water (CWCO) Projected to Post Earnings on Wednesday

Consolidated Water (NASDAQ:CWCO) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Consolidated Water to post earnings of $0.28 per share and revenue of $33.60 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Consolidated Water Stock Down 4.0 %

Shares of CWCO opened at $26.50 on Monday. The firm has a market cap of $420.69 million, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 2.44 and a beta of 0.19. The company’s fifty day moving average is $27.01 and its 200-day moving average is $26.04. Consolidated Water has a 12 month low of $23.55 and a 12 month high of $33.34.

Consolidated Water Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 1st will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date is Tuesday, April 1st. Consolidated Water’s dividend payout ratio is presently 27.16%.

Insider Buying and Selling at Consolidated Water

In other news, CEO Frederick W. Mctaggart sold 2,000 shares of Consolidated Water stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $28.00, for a total value of $56,000.00. Following the transaction, the chief executive officer now owns 271,995 shares of the company’s stock, valued at $7,615,860. This trade represents a 0.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.87% of the company’s stock.

Consolidated Water Company Profile

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.