California Water Service Group (CWT) Stock Price & Analysis
California Water Service Group (CWT) closed at USD 47.54 on Thursday, October 22, 2026, up 3.55% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 45.91; the Oct 22, 2026 session ranged USD 46.2–47.61 on volume of 418,103 shares. Market capitalization is $2.94B, with a 52-week range of USD 41.29–53.82 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:12 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CWT.md
Key facts (CWT)
- Last four reported quarters (through Jun 30, 2026): revenue $1.00B, net income $133M (13.3% margin) (SEC filings).
- Valuation: P/E 22.1x (avg 30.3x at the last 3 fiscal year-ends), EV/EBITDA 13.3x, net debt $1.43B.
- Analysts: Buy (mean 2.25 on a 1–5 scale) (4 analysts), mean target USD 53.75 (range 49–57).
- Total return with dividends: 1Y -1.9% vs S&P 500 +14.9%; 5Y -10.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 1.21, revenue estimate $316M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CWT)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $766M | $773M | $790M | $906M | $964M | $1.00B |
| Operating income | $127M | $128M | $77.1M | $225M | $170M | $185M |
| Net income | $101M | $96.0M | $51.9M | $191M | $128M | $133M |
| EPS (diluted) | $1.96 | $1.77 | $0.91 | $3.25 | $2.15 | — |
| Operating margin | 16.6% | 16.5% | 9.8% | 24.9% | 17.7% | 18.5% |
| Net margin | 13.2% | 12.4% | 6.6% | 21.1% | 13.3% | 13.3% |
| Revenue growth | +9.8% | +0.9% | +2.3% | +14.6% | +6.4% | — |
| Cash + short-term investments | $78.4M | $62.1M | $39.6M | $50.1M | $51.8M | — |
| Total debt | $1.06B | $1.06B | $1.05B | $1.18B | $1.47B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CWT)
P/E 22.1x · P/S 2.9x · EV/EBITDA 13.3x · EV/Sales 4.4x · P/B 1.6x · Earnings yield 4.53% · Dividend yield (paid, TTM) 2.58% · Buyback yield (TTM) 0.04% · Net debt $1.43B · EV $4.37B
P/E at fiscal year-ends: Dec 2025 20.2x, Dec 2024 13.9x, Dec 2023 56.9x.
Analysts (CWT)
Consensus Buy (mean 2.25 on a 1–5 scale), 4 analysts; mean target USD 53.75 (low 49, high 57).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-23 | Freedom Broker | Initiated | Hold | $49 |
Total return (dividends reinvested) (CWT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -1.9% | -10.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -1.9% | -2.1% |
| Volatility (annualized) | 24.8% | 24.1% |
| Max drawdown | -14.6% (Oct 2025→Dec 2025) | -38.2% (Dec 2021→Jan 2025) |
CWT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.21 | $1.07 | +13.1% | $316.2M | 1 |
| Next quarter (ends Dec 2026) | $0.39 | $0.68 | -42.6% | $246.2M | 1 |
| Current fiscal year (ends Dec 2026) | $2.61 | $2.45 | +6.4% | $1.09B | 3 |
| Next fiscal year (ends Dec 2027) | $2.75 | $2.76 | -0.4% | $1.17B | 3 |
Key Statistics (as of October 23, 2026 at 10:12 UTC)
| Price | USD 47.54 |
|---|---|
| Change | ▲ 3.55% (up) |
| Previous Close | USD 45.91 |
| Open | USD 46.59 |
| Day Range | USD 46.2 – 47.61 |
| 52-Week Range | USD 41.29 – 53.82 |
| Volume | 418,103 shares |
| Market Cap | $2.94B |
| Exchange | NYQ |
Technical Analysis (CWT)
Nexqual's technical model rates CWT "NEUTRAL" based on 3 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 10:12 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 54.44 (neutral) |
| vs SMA50 | Below (USD 47.88) |
| MACD | -0.32 (negative) |
Analyst Ratings (CWT)
Wall Street analysts rate CWT "Buy" based on 4 analysts, with a mean price target of USD 53.75 (range USD 49–57), per Nexqual as of October 23, 2026 at 10:12 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 53.75 |
| High Target | USD 57 |
| Low Target | USD 49 |
| Buy / Hold / Sell | 3 / 1 / 0 |
Earnings (CWT)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 1.21 |
| Revenue Estimate | $316.22M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.93 vs est 0.63 ▲ beat |
| 2026-03-31 | USD 0.07 vs est 0.24 ▼ miss |
| 2025-12-31 | USD 0.19 vs est 0.33 ▼ miss |
| 2025-09-30 | USD 1.03 vs est 0.94 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Financials & Fundamentals (CWT)
| Total Revenue | $1.05B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +16.50% |
| Gross Margin | +53.29% |
| Operating Margin | +28.21% |
| Profit Margin | +12.63% |
| ROE | +7.68% |
| Debt / Equity | 0.93 |
| Current Ratio | 0.7 |
| Total Cash | $43.45M |
| Total Debt | $1.68B |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Financial Health Score (CWT)
Nexqual rates California Water Service Group's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:12 UTC.
| Growth | Weak — Revenue -4% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 53%, operating 28% (last 12 months) |
| Balance Sheet | Weak — $43M cash and investments vs $1.47B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $303M (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 8%, ROA 2.4% |
Ownership (CWT)
| Insider Ownership | +0.64% |
|---|---|
| Institutional Ownership | +98.65% |
| Shares Outstanding | 61.84M |
| Float | 61.34M |
| Short % of Float | +5.62% |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Leadership (CWT)
California Water Service Group is led by Martin A. Kropelnicki, Chairman, President & CEO, per Nexqual as of October 23, 2026 at 10:12 UTC.
| Chairman, President & CEO | Martin A. Kropelnicki |
|---|---|
| Senior VP, CFO, Principal Financial Officer & Treasurer | James Patrick Lynch |
| Senior Vice President of Operations | Michael S. Mares |
Major Backers & Investors (CWT)
Notable institutional backers of California Water Service Group include T. Rowe Price, ATLAS Infrastructure Partners (UK) Ltd., First Trust Advisors LP, according to Nexqual as of October 23, 2026 at 10:12 UTC.
Active Investors
| Investor | Stake |
|---|---|
| T. Rowe Price | 5.69% |
| ATLAS Infrastructure Partners (UK) Ltd. | 3.21% |
| First Trust Advisors LP | 2.1% |
| FMR, LLC | 2.07% |
| Fidelity | 2.07% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 17.39% |
| Vanguard Group | 11.43% |
| Amundi | 5.64% |
| State Street | 5.28% |
| Geode Capital | 2.52% |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AWR | American States Water Company | USD 85.05 | ▲ 3.54% |
| HTO | H2O America | USD 58.66 | ▲ 4.41% |
| MSEX | Middlesex Water Company | USD 55.8 | ▲ 4.05% |
| WTRG | Essential Utilities, Inc. | USD 43.3 | ▲ 6.28% |
| YORW | The York Water Company | USD 31.69 | ▲ 3.7% |
| CWCO | Consolidated Water Co. Ltd. | USD 28.05 | ▲ 3.31% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:12 UTC. This page is informational and not investment advice.
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