Connecticut Water Service, Inc. (NASDAQ:CTWS) has been given a consensus broker rating score of 3.00 (Hold) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Three analysts have rated the stock with a hold recommendation.
Brokers have set a 1-year consensus price target of $60.50 for the company and are anticipating that the company will post $0.21 EPS for the current quarter, according to Zacks. Zacks has also given Connecticut Water Service an industry rank of 189 out of 265 based on the ratings given to its competitors.
A number of research firms have commented on CTWS. Zacks Investment Research raised Connecticut Water Service from a “strong sell” rating to a “hold” rating in a research note on Tuesday. BidaskClub raised Connecticut Water Service from a “strong sell” rating to a “sell” rating in a research note on Monday.
Connecticut Water Service (CTWS) traded up $1.14 during trading on Thursday, reaching $52.51. The company’s stock had a trading volume of 89,648 shares, compared to its average volume of 47,776. The company has a current ratio of 1.18, a quick ratio of 1.14 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $624.05, a price-to-earnings ratio of 25.49, a P/E/G ratio of 3.93 and a beta of 0.01. Connecticut Water Service has a one year low of $50.56 and a one year high of $65.04.
Connecticut Water Service (NASDAQ:CTWS) last posted its quarterly earnings data on Wednesday, November 8th. The utilities provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.02. The company had revenue of $33.51 million for the quarter. Connecticut Water Service had a return on equity of 9.16% and a net margin of 22.00%. equities analysts forecast that Connecticut Water Service will post 2.13 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be paid a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Wednesday, February 28th. Connecticut Water Service’s dividend payout ratio is currently 57.77%.
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Connecticut Water Service Company Profile
Connecticut Water Service, Inc is a non-operating holding company. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc (NEWUS),The Avon Water Company (AWC) and Chester Realty Company (Chester Realty).
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