Zacks Research Has Negative Estimate for CWCO Q1 Earnings

Consolidated Water Co. Ltd. (NASDAQ:CWCO) – Zacks Research dropped their Q1 2027 EPS estimates for Consolidated Water in a report released on Tuesday, January 20th. Zacks Research analyst Team now forecasts that the utilities provider will earn $0.42 per share for the quarter, down from their prior forecast of $0.43. The consensus estimate for Consolidated Water’s current full-year earnings is $1.27 per share. Zacks Research also issued estimates for Consolidated Water’s Q4 2027 earnings at $0.40 EPS.

Several other analysts have also recently commented on the stock. Wall Street Zen upgraded shares of Consolidated Water from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Consolidated Water in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Consolidated Water has a consensus rating of “Buy” and an average target price of $40.00.

Consolidated Water Price Performance

Shares of CWCO opened at $37.28 on Thursday. The firm has a market cap of $593.87 million, a P/E ratio of 38.43 and a beta of 0.48. The company has a 50 day simple moving average of $35.40 and a two-hundred day simple moving average of $33.81. Consolidated Water has a 1 year low of $22.69 and a 1 year high of $38.36.

Consolidated Water (NASDAQ:CWCO) last released its earnings results on Monday, November 10th. The utilities provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.10. Consolidated Water had a net margin of 12.90% and a return on equity of 7.95%. The company had revenue of $35.12 million for the quarter, compared to analysts’ expectations of $32.90 million.

Consolidated Water Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 2nd will be given a $0.14 dividend. The ex-dividend date is Friday, January 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 1.5%. Consolidated Water’s dividend payout ratio (DPR) is currently 57.73%.

Insider Buying and Selling at Consolidated Water

In other news, Director Wilmer F. Pergande sold 4,299 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $33.75, for a total value of $145,091.25. Following the completion of the sale, the director owned 31,884 shares in the company, valued at approximately $1,076,085. This trade represents a 11.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Frederick W. Mctaggart sold 1,848 shares of Consolidated Water stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $35.76, for a total transaction of $66,084.48. Following the transaction, the chief executive officer directly owned 287,310 shares of the company’s stock, valued at approximately $10,274,205.60. This represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 7,200 shares of company stock valued at $246,978 over the last ninety days. 6.25% of the stock is owned by insiders.

Institutional Trading of Consolidated Water

Several institutional investors have recently added to or reduced their stakes in the company. Journey Strategic Wealth LLC grew its stake in shares of Consolidated Water by 3.1% during the third quarter. Journey Strategic Wealth LLC now owns 9,515 shares of the utilities provider’s stock valued at $336,000 after buying an additional 289 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in Consolidated Water by 0.3% during the 2nd quarter. New York State Common Retirement Fund now owns 142,263 shares of the utilities provider’s stock valued at $4,271,000 after acquiring an additional 380 shares during the period. Copeland Capital Management LLC grew its position in Consolidated Water by 16.3% in the 2nd quarter. Copeland Capital Management LLC now owns 3,232 shares of the utilities provider’s stock valued at $97,000 after acquiring an additional 454 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in Consolidated Water by 3.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 17,121 shares of the utilities provider’s stock worth $604,000 after purchasing an additional 571 shares during the period. Finally, Ellsworth Advisors LLC lifted its position in shares of Consolidated Water by 2.6% during the fourth quarter. Ellsworth Advisors LLC now owns 23,557 shares of the utilities provider’s stock worth $885,000 after purchasing an additional 607 shares during the last quarter. Institutional investors own 55.16% of the company’s stock.

Consolidated Water Company Profile

Consolidated Water Co Ltd. is a developer, operator and manufacturer of water treatment and desalination systems. The company designs, engineers, builds and operates reverse-osmosis desalination plants and water treatment facilities, offering both turnkey project delivery and ongoing operations and maintenance services. Its product portfolio includes modular desalination units, water distribution systems, filtration membranes and associated equipment for potable water production.

Consolidated Water serves municipalities, resorts, commercial enterprises and private customers in the Caribbean and the southeastern United States.