Research Analysts Offer Predictions for CWT Q3 Earnings

California Water Service Group (NYSE:CWT) – Equities research analysts at Zacks Research upped their Q3 2025 earnings per share estimates for shares of California Water Service Group in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $1.16 per share for the quarter, up from their previous forecast of $1.13. The consensus estimate for California Water Service Group’s current full-year earnings is $3.15 per share. Zacks Research also issued estimates for California Water Service Group’s Q4 2025 earnings at $0.57 EPS, Q3 2026 earnings at $1.19 EPS and Q4 2026 earnings at $0.69 EPS.

A number of other research firms have also recently commented on CWT. Bank of America began coverage on California Water Service Group in a research report on Wednesday, December 11th. They set a “buy” rating and a $57.00 target price on the stock. StockNews.com upgraded California Water Service Group from a “sell” rating to a “hold” rating in a research note on Saturday, February 8th. Finally, Wells Fargo & Company raised shares of California Water Service Group from an “equal weight” rating to an “overweight” rating and cut their target price for the company from $56.00 to $52.00 in a report on Tuesday, January 7th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, California Water Service Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.25.

California Water Service Group Trading Up 1.3 %

Shares of California Water Service Group stock opened at $46.94 on Thursday. California Water Service Group has a 12-month low of $41.64 and a 12-month high of $56.25. The stock has a market cap of $2.79 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 0.46 and a beta of 0.49. The company has a current ratio of 0.64, a quick ratio of 0.60 and a debt-to-equity ratio of 0.64. The company has a fifty day simple moving average of $44.98 and a 200-day simple moving average of $49.19.

California Water Service Group (NYSE:CWT) last issued its earnings results on Thursday, February 27th. The utilities provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.05). The business had revenue of $222.20 million for the quarter, compared to analyst estimates of $216.37 million. California Water Service Group had a return on equity of 13.24% and a net margin of 19.56%. During the same period last year, the business posted $0.52 EPS.

Institutional Investors Weigh In On California Water Service Group

Several large investors have recently modified their holdings of CWT. Norges Bank acquired a new position in California Water Service Group in the 4th quarter valued at $37,998,000. Vanguard Group Inc. raised its holdings in California Water Service Group by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 7,514,709 shares of the utilities provider’s stock worth $340,642,000 after purchasing an additional 158,295 shares in the last quarter. JPMorgan Chase & Co. lifted its position in California Water Service Group by 91.0% in the fourth quarter. JPMorgan Chase & Co. now owns 308,704 shares of the utilities provider’s stock valued at $13,994,000 after purchasing an additional 147,043 shares during the period. Northern Trust Corp boosted its holdings in California Water Service Group by 13.1% in the 4th quarter. Northern Trust Corp now owns 979,138 shares of the utilities provider’s stock valued at $44,384,000 after purchasing an additional 113,622 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in California Water Service Group by 21.2% in the 4th quarter. Bank of New York Mellon Corp now owns 634,179 shares of the utilities provider’s stock valued at $28,747,000 after purchasing an additional 110,962 shares in the last quarter. Hedge funds and other institutional investors own 82.78% of the company’s stock.

California Water Service Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Monday, February 10th were paid a $0.30 dividend. This is an increase from California Water Service Group’s previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Monday, February 10th. California Water Service Group’s dividend payout ratio (DPR) is 36.70%.

California Water Service Group Company Profile

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection services.