CWT
California Water Service Group · Utilities · Utilities - Regulated Water
Last
$45.80
−$0.34 (−0.73%) 3:59 PM ET
After hours $45.82 +$0.02 (+0.04%) 5:32 PM ET
Prev close $46.14
Open $46.44
Day high $46.79
Day low $45.56
Volume 359,115
Avg vol 474,569
Mkt cap
$2.83B
EV/Sales
4.19
P/E ratio
21.27
FY Revenue
$1.07B
EPS
2.15
Gross Margin
72.16%
Div yield
2.67%
Sector
Utilities
AI report sections
CWT
California Water Service Group
California Water Service shows stable price performance with modest positive returns over 1–6 months while still trading below its 12‑month peak and near key moving averages. Fundamentals feature high gross and free cash flow margins but sluggish revenue growth and declining net income and EPS. Valuation appears moderate on cash flow and book value metrics yet is paired with soft profitability ratios and tight liquidity, and sentiment is shaped by constructive regulatory and dividend news alongside elevated short volume in recent trading.
AI summarized at 1:59 AM ET, 2026-06-09
AI summary scores
INTRADAY: 55 SWING: 62 LONG: 68
Volume vs average
Intraday (cumulative)
+52% (Above avg)
Vol/Avg: 1.52×
RSI
41.86 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
+0.01 (Strong)
MACD: 0.04 Signal: 0.03
Short-Term
+0.14 (Strong)
MACD: -0.78 Signal: -0.92
Long-Term
+0.02 (Strong)
MACD: -1.39 Signal: -1.41
Intraday trend score 69.44

Latest news

CWT 12 articles Positive: 11 Neutral: 1 Negative: 0
Positive Zacks Investment Research • Zacks.Com
Can Approved Rate Hikes Drive American Water Works' Long-Term Growth?

American Water Works (AWK) received approval for a $68 million annual revenue increase in New Jersey effective September 15, 2026, supporting its 7-9% long-term earnings growth target through 2030. The rate hike will fund $1.4 billion in infrastructure upgrades while increasing average residential bills by approximately $4 monthly. AWK plans $19-20 billion in capital investments through 2030 to support 8-9% rate-base growth. The stock trades at a premium valuation with a forward P/E of 21.77X versus the industry average of 17.57X and carries a Zacks Rank #3 (Hold).

AWK CWT WTRG rate hikes infrastructure investment regulated utilities revenue growth water systems
Sentiment note

Q2 2026 revenues rose 16.5% year-over-year with new California rates contributing $15.3 million, demonstrating effective rate recovery and revenue growth from regulatory approvals.

Positive GlobeNewswire Inc. • Not Specified
California Water Service Kicks Off Back-to-School Season With 13th Year of Tap Into Learning Program

California Water Service launched its 13th annual Tap Into Learning program for the 2026-27 school year, offering water conservation education to K-12 students across its service areas. The program includes field trips, art competitions, grants for classroom projects, and conservation pledges. In the previous year, the program received 138 entries and awarded 12 field trip experiences, 10 art prizes, and 10 grants.

CWT water conservation education program environmental stewardship sustainability K-12 students California
Sentiment note

The company is expanding its educational initiatives for the 13th consecutive year, demonstrating sustained commitment to community engagement and environmental stewardship. The program shows strong participation metrics and aligns with corporate sustainability goals. Additionally, the article mentions the company was recognized as one of 'America's Most Responsible Companies' by Newsweek, reinforcing positive corporate reputation.

Positive Zacks Investment Research • Na
AWK Unit to Invest $0.9M to Strengthen West Virginia Infrastructure

American Water Works announced a $0.9 million infrastructure upgrade in West Virginia, replacing 2,000 feet of aging water main. The company plans to invest $129 million across West Virginia in 2026 and $3.6 billion company-wide in 2026, targeting $19-20 billion during 2026-2030. Other utilities like California Water Service Group and Essential Utilities are also ramping up infrastructure investments to address deteriorating U.S. water systems.

AWK CWT WTRG GWRS water infrastructure aging infrastructure capital investment water utilities
Sentiment note

Committed to substantial infrastructure investments ($627M in 2026, ~$2B in 2026-2028) to upgrade systems and provide reliable service, demonstrating proactive capital allocation.

Neutral Zacks Investment Research • Zacks.Com
Essential Utilities (WTRG) Up 5% Since Last Earnings Report: Can It Continue?

Essential Utilities reported Q2 2026 earnings that met estimates with adjusted EPS of 38 cents and revenues of $530.9 million, beating consensus by 5.76%. The water segment grew on regulatory recoveries and increased volume, while the natural gas segment declined due to lower volumes from warmer weather. The company reaffirmed 5-7% annual earnings growth guidance through 2027 and raised its quarterly dividend by 5.25%. Shares have gained 5% since the earnings report, outperforming the S&P 500.

WTRG CWT earnings report water utilities dividend increase infrastructure investment merger outlook regulatory approvals
Sentiment note

Company showed strong revenue growth of 16.5% year-over-year and EPS improvement from $0.71 to $0.93. However, stock gained only 0.8% over the past month compared to WTRG's 5%, and consensus estimates have declined 8.7% over the last 30 days. Zacks Rank #3 (Hold) indicates neutral positioning.

Positive GlobeNewswire Inc. • California Water Service Group
California Water Service and County of Tulare Complete Project to Bring Safe, Reliable Water to Harrison Road Water Users

California Water Service, in partnership with Tulare County, the State of California's Department of Water Resources, and Self-Help Enterprises, completed a water infrastructure project connecting 27 customers along Harrison Road whose wells had gone dry. The project, funded by over $1.3 million through ARPA and drought relief programs, installed approximately 2,600 feet of water pipes and five fire hydrants to extend safe drinking water access to an underserved community.

CWT water infrastructure drought relief safe drinking water public-private partnership California underserved communities ARPA funding
Sentiment note

The company successfully completed a significant infrastructure project addressing water access challenges in underserved communities, demonstrating commitment to its mission of providing safe, reliable water and enhancing quality of life. The project showcases effective partnerships and corporate responsibility.

Positive GlobeNewswire Inc. • Na
California Water Service Group Reports Strong Second Quarter 2026 Financial Results

California Water Service Group reported strong Q2 2026 results with net income of $56.5 million ($0.93 per diluted share) and revenue of $308.6 million, driven by resolution of its 2024 California General Rate Case. The company authorized $90.5 million in rate increases for 2026 and approximately $1.45 billion in pre-approved infrastructure investments through 2027. The company also achieved record infrastructure investment of $147 million in Q2 and is progressing on its acquisition of Nexus Water Group's Nevada and Oregon systems for approximately $218 million.

CWT rate case resolution infrastructure investment earnings growth water utility regulatory approval dividend increase acquisition
Sentiment note

Strong Q2 earnings growth (33% increase in net income YoY), favorable rate case decision providing multi-year rate adjustments and $1.45 billion in pre-approved infrastructure investments, record infrastructure spending, 8% dividend increase with 326 consecutive quarterly dividends, and progress on strategic acquisition of Nexus Water Group systems. All indicators point to solid financial performance and positive regulatory environment.

Positive GlobeNewswire Inc. • Na
California Public Utilities Commission Issues Decision in California Water Service’s 2024 General Rate Case, Infrastructure Improvement Plan

The California Public Utilities Commission approved California Water Service's 2024 General Rate Case, authorizing revenue increases of $90.5 million (10.9%) in 2026, $43.2 million (4.7%) in 2027, and $48.9 million (5.1%) in 2028. The decision enables $1.45 billion in infrastructure investments through 2027 for water quality, pipe upgrades, and security improvements, with new rate mechanisms to support financial stability and customer affordability.

CWT rate case decision infrastructure investment revenue increase water utility CPUC approval rate mechanisms water quality
Sentiment note

The CPUC approval enables significant infrastructure investments ($1.45 billion through 2027), provides authorized revenue increases across three years, and establishes financial stability mechanisms. The decision supports the company's ability to maintain safe, reliable water service while managing costs, which is favorable for business operations and shareholder value.

Positive GlobeNewswire Inc. • Na
California Water Service Group Reports First Quarter 2026 Financial Results & Provides Update on 2024 California General Rate Case

California Water Service Group reported Q1 2026 net income of $4.0 million ($0.07 per diluted share), down from $13.3 million in Q1 2025, as results await final approval of the 2024 California General Rate Case. The company received a revised proposed decision authorizing rate increases of 10.9% in 2026, 4.7% in 2027, and 5.1% in 2028. Additionally, the company announced an agreement to acquire Nexus Water Group's Nevada and Oregon systems for approximately $218 million, and increased its annual dividend by 8% to $1.34 per share.

CWT water utility rate case California Public Utilities Commission infrastructure investment acquisition dividend increase regulatory approval
Sentiment note

Despite lower Q1 earnings compared to prior year, the company received favorable regulatory approval with significant rate increases (10.9% in 2026), announced a strategic acquisition expanding geographic footprint by 36,000 customer equivalents, and increased dividend by 8% for the 59th consecutive annual increase, demonstrating strong long-term growth prospects and shareholder returns.

Positive Benzinga • Not Specified
California Water Service Group Board of Directors Declares 325th Consecutive Quarterly Dividend

California Water Service Group (NYSE: CWT) announced its 325th consecutive quarterly dividend of $0.3350 per common share, payable on May 22, 2026. The declaration demonstrates the company's consistent commitment to returning value to shareholders and reflects its stable financial position as the largest regulated water utility in the western United States.

CWT dividend quarterly dividend California Water Service Group shareholder returns water utility consecutive dividend
Sentiment note

The declaration of the 325th consecutive quarterly dividend demonstrates financial stability, consistent profitability, and a strong commitment to shareholder returns. This long streak of uninterrupted dividends is a positive indicator of the company's reliable business model and operational performance in the regulated utility sector.

Positive GlobeNewswire Inc. • Na
California Water Service Group Receives Proposed Decision on 2024 California General Rate Case

The California Public Utilities Commission issued a proposed decision authorizing California Water Service (largest subsidiary of California Water Service Group) additional revenues of $92.3 million in 2026 (11.1% rate increase), $50.8 million in 2027 (5.5% increase), and $52.4 million in 2028 (5.4% increase). The decision reauthorizes revenue adjustment mechanisms and establishes a sales reconciliation mechanism, though it did not approve the company's decoupling request. A final decision is expected by April 30, 2026.

CWT rate increase California Public Utilities Commission General Rate Case revenue adjustment mechanism water utility infrastructure investment
Sentiment note

The proposed decision authorizes substantial rate increases totaling $195.5 million over three years, which will improve revenue and support infrastructure investment. While the company did not receive approval for its decoupling request, the authorization of revenue adjustment mechanisms and sales reconciliation mechanisms provides financial flexibility and cost recovery certainty, supporting long-term profitability and shareholder returns.

Positive GlobeNewswire Inc. • Na
California Water Service Group Donates Nearly $1.9 Million to Improve Local Quality of Life in 2025

California Water Service Group marked its 100-year anniversary by announcing over $1.88 million in charitable donations made in 2025 to local organizations, first responders, and students across its service areas in California, Hawaii, New Mexico, and Washington. The contributions included $186,000 to nine fire departments, $80,000 in scholarships to 13 students, and over $100,000 for Palisades and Eaton Fire relief efforts.

CWT philanthropic giving charitable donations community service scholarship program firefighter grants corporate social responsibility 100-year anniversary
Sentiment note

The company demonstrates strong corporate social responsibility through substantial charitable giving ($1.88M), employee engagement in volunteer programs, and community support initiatives. The 100-year milestone and recognition as 'America's Most Responsible Companies' reflect positive brand reputation and stakeholder relations.

Positive Benzinga • Globe Newswire
California Water Service Group Board of Directors Announces 59th Annual Dividend Increase and Declares 324th Consecutive Quarterly Dividend

California Water Service Group announced its 59th consecutive annual dividend increase, raising the annual dividend by 8% to $1.34 per share from $1.20 in 2025. The company declared its 324th consecutive quarterly dividend of $0.3350 per share, payable February 20, 2026, as it celebrates its 100th anniversary.

CWT dividend increase quarterly dividend water utility shareholder value centennial celebration
Sentiment note

The company announced its 59th consecutive annual dividend increase with an 8% raise to $1.34 per share, demonstrating consistent shareholder value creation and financial stability. The 324th consecutive quarterly dividend reflects a strong track record of returning capital to investors, which is particularly notable during the company's 100th anniversary celebration.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
Trade Ranks, LLC is not a registered investment adviser or broker-dealer. All rankings and AI reports are for informational and educational purposes only and are not personalized advice. Investing involves risk. Policy Portal