California Water Service Group (CWT) to Release Quarterly Earnings on Thursday

California Water Service Group (NYSE:CWTGet Free Report) is expected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $283.50 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

California Water Service Group (NYSE:CWTGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The utilities provider reported $0.07 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.18). The business had revenue of $214.57 million during the quarter, compared to analysts’ expectations of $210.27 million. California Water Service Group had a net margin of 11.77% and a return on equity of 7.06%. California Water Service Group’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.22 earnings per share. On average, analysts expect California Water Service Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

California Water Service Group Stock Performance

NYSE CWT opened at $51.02 on Thursday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 1.86 and a beta of 0.51. The company has a quick ratio of 0.65, a current ratio of 0.69 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average price of $46.78 and a 200-day moving average price of $45.62. California Water Service Group has a twelve month low of $41.29 and a twelve month high of $52.51.

California Water Service Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were paid a dividend of $0.335 per share. This represents a $1.34 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, May 11th. California Water Service Group’s dividend payout ratio (DPR) is 67.00%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wall Street Zen upgraded California Water Service Group from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings upgraded shares of California Water Service Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, June 12th. Finally, Robert W. Baird set a $54.00 target price on shares of California Water Service Group in a report on Friday, May 1st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $54.50.

Get Our Latest Research Report on CWT

Insider Transactions at California Water Service Group

In related news, Director Thomas M. Krummel sold 3,700 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $43.30, for a total value of $160,210.00. Following the sale, the director directly owned 23,805 shares in the company, valued at approximately $1,030,756.50. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lester A. Snow sold 1,100 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $44.00, for a total value of $48,400.00. Following the completion of the sale, the director owned 18,316 shares in the company, valued at $805,904. This represents a 5.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.78% of the company’s stock.

Institutional Trading of California Water Service Group

Large investors have recently added to or reduced their stakes in the company. Algert Global LLC boosted its position in shares of California Water Service Group by 17.9% during the 3rd quarter. Algert Global LLC now owns 6,257 shares of the utilities provider’s stock valued at $287,000 after acquiring an additional 950 shares during the last quarter. Entropy Technologies LP purchased a new position in shares of California Water Service Group in the third quarter valued at $288,000. Russell Investments Group Ltd. increased its position in California Water Service Group by 214.8% in the third quarter. Russell Investments Group Ltd. now owns 6,259 shares of the utilities provider’s stock worth $287,000 after purchasing an additional 4,271 shares during the last quarter. Tower Research Capital LLC TRC increased its position in California Water Service Group by 664.7% in the second quarter. Tower Research Capital LLC TRC now owns 6,286 shares of the utilities provider’s stock worth $286,000 after purchasing an additional 5,464 shares during the last quarter. Finally, Oxford Asset Management LLP bought a new stake in California Water Service Group in the second quarter worth $234,000. Institutional investors own 82.78% of the company’s stock.

About California Water Service Group

(Get Free Report)

California Water Service Group (NYSE: CWT) is a publicly traded holding company that provides regulated water utility services through its subsidiaries. The company delivers safe, reliable drinking water and wastewater management to residential, commercial, industrial and municipal customers across California, Hawaii and New Mexico. Its principal operating units include California Water Service, New Mexico Water Service and Hawaii Water Service, each responsible for end‐to‐end water supply operations—from source development and treatment to distribution and customer service.

Founded in 1926 as the California Water Service Company, the group has grown to become one of the largest investor‐owned water utilities in the United States by customer count.

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Earnings History for California Water Service Group (NYSE:CWT)

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