Consolidated Water Co. Ltd. (CWCO) Stock Price & Analysis
Consolidated Water Co. Ltd. (CWCO) closed at USD 27.79 on Friday, October 23, 2026, down 0.93% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 28.05; the Oct 23, 2026 session ranged USD 27.65–28.25 on volume of 110,381 shares. Market capitalization is $445.00M, with a 52-week range of USD 27.05–39.12 (NMS). Source: Nexqual, retrieved October 23, 2026 at 20:45 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CWCO.md
Key facts (CWCO)
- Last four reported quarters (through Jun 30, 2026): revenue $128M, net income $16.2M (12.7% margin), free cash flow $30.2M (SEC filings).
- Valuation: P/E 27.5x (avg 21.5x at the last 3 fiscal year-ends), EV/EBITDA 16.0x, net cash $133M.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $87K; 2 not under a Rule 10b5-1 plan ($87K); 2 by opportunistic insiders (2 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (1 analysts), mean target USD 43 (range 43–43).
- Total return with dividends: 1Y -20.2% vs S&P 500 +13.4%; 5Y +174.9% vs S&P 500 +76.9%.
- Next earnings: 2026-11-09, EPS estimate USD 0.23, revenue estimate $32.1M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CWCO)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $66.9M | $94.1M | $180M | $134M | $132M | $128M |
| Gross profit | $23.5M | $30.4M | $61.9M | $45.6M | $48.4M | — |
| Operating income | $2.0M | $9.3M | $37.2M | $18.3M | $18.4M | $15.7M |
| Net income | $876K | $5.9M | $29.6M | $28.2M | $18.3M | $16.2M |
| EPS (diluted) | $0.06 | $0.38 | $1.86 | $1.77 | $1.14 | — |
| Free cash flow | $5.5M | $13.8M | $2.9M | $29.8M | $33.2M | $30.2M |
| Gross margin | 35.2% | 32.3% | 34.4% | 34.1% | 36.6% | — |
| Operating margin | 3.0% | 9.9% | 20.6% | 13.6% | 13.9% | 12.3% |
| Net margin | 1.3% | 6.2% | 16.4% | 21.1% | 13.9% | 12.7% |
| Revenue growth | -7.9% | +40.7% | +91.5% | -25.7% | -1.4% | — |
| Cash + short-term investments | $40.4M | $50.7M | $42.6M | $99.4M | $124M | — |
| Total debt | $215K | $331K | $383K | $197K | $74K | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CWCO)
P/E 27.5x · P/S 3.5x · EV/EBITDA 16.0x · EV/Sales 2.5x · P/FCF 14.7x · P/B 2.0x · FCF yield 6.80% · Earnings yield 3.63% · Dividend yield (paid, TTM) 2.01% · Net cash $133M · EV $312M
P/E at fiscal year-ends: Dec 2025 30.8x, Dec 2024 14.6x, Dec 2023 19.1x.
Insider sales (SEC Form 4, open-market, last ~7 months) (CWCO)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Whittaker Raymond | Director | 1,000 | $29K | 32.9% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-17 | Flowers Clarence B. | Director | 1,900 | $58K | 0.9% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (CWCO)
Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 43 (low 43, high 43).
Total return (dividends reinvested) (CWCO)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -20.2% | +174.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -20.2% | +22.4% |
| Volatility (annualized) | 29.4% | 34.8% |
| Max drawdown | -28.4% (Mar 2026→Oct 2026) | -35.7% (Nov 2023→Apr 2025) |
CWCO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | BVI Electricity | “We purchase electrical power to operate this plant from the BVI Electricity Corporation.” |
| Customer | PERC Water | “Construction revenue declined to $13,470,641 in 2025 as compared to $18,602,919 in 2024, as we recognized $8.2 million of additional revenue from PERC's contract with Liberty Utilities and $1.3 million in revenue from the Red Gate contract in Grand Cayman in 2024.” |
| Customer | Aerex Industries | “Accordingly, in light of this new information from Aerex's former major customer, and the on-going weak economic conditions that we believed would continue through 2022, we updated our projections of future cash flows for the manufacturing reporting unit and tested its goodwill for possible impairment as of June 30, 2021 using the discounted cash flow and guideline public company methods, with a weighting of 80% a…” |
| Customer | DesalCo | “We design, construct, and sell desalination infrastructure through DesalCo, which serves customers in the Cayman Islands, The Bahamas, and the British Virgin Islands.” |
Quoted from the company's 10-K filed Mar 16, 2026.
CWCO company outlook (results filed Aug 10, 2026)
- “He brings to Consolidated Water more than 25 years of water industry leadership experience spanning public and private sector businesses, including a deep background in large-scale desalination projects, public utility operations and complex project development.”
- “Both of these projects are scheduled to be completed this year. "In July, our client issued a limited notice to proceed for a $204 million project to design, construct, operate and maintain a 1.7-million gallon-per-day seawater desalination plant in Kalaeloa, Hawaii.”
- “Procuring long-lead 2 equipment at this stage should help reduce potential scheduling pressure and enable the project to move forward more efficiently once all of the required permits are in place.”
- “We continue to expect construction to start later this year and believe the project will significantly contribute to revenue and earnings growth in future periods. "Subsequent to the quarter, we announced the receipt of purchase orders totaling approximately $10.1 million for municipal water treatment equipment in Florida.”
Quoted word-for-word from the SEC 8-K results press release.
CWCO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.23 | $0.26 | -11.5% | $32.1M | 1 |
| Next quarter (ends Dec 2026) | $0.21 | $0.25 | -16.0% | $32.6M | 1 |
| Current fiscal year (ends Dec 2026) | $0.92 | $0.94 | -2.1% | $127.5M | 1 |
| Next fiscal year (ends Dec 2027) | $1.36 | $1.45 | -6.2% | $188.2M | 1 |
CWCO options: expected move
Options price a move of about ±14.4% (±$4.05) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±7.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 57.9% | ±14.4% |
| Feb 19, 2027 | 119 | 36.5% | ±20.0% |
| May 21, 2027 | 210 | 35.1% | ±22.3% |
30-day implied volatility 45% vs 26.7% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 20:45 UTC)
| Price | USD 27.79 |
|---|---|
| Change | ▼ 0.93% (down) |
| Previous Close | USD 28.05 |
| Open | USD 28.12 |
| Day Range | USD 27.65 – 28.25 |
| 52-Week Range | USD 27.05 – 39.12 |
| Volume | 110,381 shares |
| Market Cap | $445.00M |
| Exchange | NMS |
Technical Analysis (CWCO)
Nexqual's technical model rates CWCO "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 20:45 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 40.83 (neutral) |
| vs SMA50 | Below (USD 29.02) |
| MACD | -0.33 (negative) |
Analyst Ratings (CWCO)
Wall Street analysts rate CWCO "Buy" based on 1 analysts, with a mean price target of USD 43 (range USD 43–43), per Nexqual as of October 23, 2026 at 20:45 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 1 |
| Mean Target | USD 43 |
| High Target | USD 43 |
| Low Target | USD 43 |
| Buy / Hold / Sell | 1 / 0 / 0 |
Earnings (CWCO)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD 0.23 |
| Revenue Estimate | $32.10M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.24 vs est 0.2 ▲ beat |
| 2026-03-31 | USD 0.24 vs est 0.26 ▼ miss |
| 2025-12-31 | USD 0.76 vs est 0.28 ▲ beat |
| 2025-09-30 | USD 0.34 vs est 0.25 ▲ beat |
Source: Nexqual, October 23, 2026 at 20:45 UTC.
Financials & Fundamentals (CWCO)
| Total Revenue | $127.61M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -2.10% |
| Gross Margin | +35.36% |
| Operating Margin | +11.32% |
| Profit Margin | +12.66% |
| ROE | +7.51% |
| Debt / Equity | 0.01 |
| Current Ratio | 5.95 |
| Total Cash | $132.63M |
| Total Debt | $2.79M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $30.24M (23.7% of revenue) |
Source: Nexqual, October 23, 2026 at 20:45 UTC.
Financial Health Score (CWCO)
Nexqual rates Consolidated Water Co. Ltd.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 20:45 UTC.
| Growth | Weak — Revenue -1% YoY (annual), declining |
|---|---|
| Profitability | Solid — Gross margin 35%, operating 11% (last 12 months) |
| Balance Sheet | Strong — $133M cash and investments, no debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $30M (last 4 quarters to Jun 2026, SEC), 24% margin |
| Efficiency | Mixed — ROE 8%, ROA 3.8% |
Ownership (CWCO)
| Insider Ownership | +5.47% |
|---|---|
| Institutional Ownership | +68.29% |
| Shares Outstanding | 16.01M |
| Float | 15.13M |
| Short % of Float | +5.91% |
Source: Nexqual, October 23, 2026 at 20:45 UTC.
Leadership (CWCO)
Consolidated Water Co. Ltd. is led by Frederick W. McTaggart, CEO, President & Director, per Nexqual as of October 23, 2026 at 20:45 UTC.
| CEO, President & Director | Frederick W. McTaggart |
|---|---|
| Executive VP & CFO | David W. Sasnett |
| Executive VP, COO & Company Secretary | Ramjeet Jerrybandan |
| Director of Human Resources | Jared Johnson |
| Senior Vice President of Strategy & Growth | Sachin Chawla |
Major Backers & Investors (CWCO)
Notable institutional backers of Consolidated Water Co. Ltd. include Morgan Stanley, AltraVue Capital, LLC, TSP Capital Management Group, LLC, according to Nexqual as of October 23, 2026 at 20:45 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Morgan Stanley | 5.64% |
| AltraVue Capital, LLC | 4.25% |
| TSP Capital Management Group, LLC | 2.99% |
| JPMorgan | 2.91% |
| Renaissance Technologies | 1.93% |
| Heartland Advisors Inc. | 1.86% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.93% |
| Vanguard Group | 4.18% |
| Geode Capital | 2.82% |
| State Street | 2.08% |
Source: Nexqual, October 23, 2026 at 20:45 UTC.
From Consolidated Water Co. Ltd.'s Latest SEC 10-K Filing (filed 2026-03-16)
Key Strengths & Strategy (as disclosed to the SEC)
- Our approach to wastewater treatment integrates advanced technologies and processes to ensure high-quality reuse water while addressing environmental and operational concerns.
- We are the only non-government-owned public water utility on Grand Cayman.
Partnerships
- Our agreement with the WAC for the North Sound and NSWW plants expires on July 1, 2026.
- Our agreement with the WAC for the Red Gate plant expires in 2034.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| YORW | The York Water Company | USD 31.82 | ▲ 0.41% |
| ARTNA | Artesian Resources Corporation | USD 34.1 | ▲ 0.26% |
| MSEX | Middlesex Water Company | USD 56.03 | ▲ 0.41% |
| HTO | H2O America | USD 58.9 | ▲ 0.41% |
| CWT | California Water Service Group | USD 48.04 | ▲ 1.05% |
| AWR | American States Water Company | USD 85.44 | ▲ 0.46% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 20:45 UTC. This page is informational and not investment advice.
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