Date | Price Target | Rating | Analyst |
---|---|---|---|
7/31/2024 | $50.00 → $57.00 | Underweight → Equal Weight | Wells Fargo |
4/4/2024 | Sell → Neutral | UBS | |
10/25/2023 | $56.00 → $47.00 | Equal Weight → Underweight | Wells Fargo |
7/28/2023 | $66.00 | Neutral → Buy | Janney |
6/28/2023 | $58.00 → $56.00 | Underweight → Equal Weight | Wells Fargo |
6/14/2023 | $59.00 → $51.00 | Neutral → Sell | UBS |
1/25/2022 | Sell → Neutral | Seaport Global | |
1/25/2022 | $78.00 | Sell → Neutral | Seaport Research Partners |
SAN JOSE, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- (NYSE:CWT)—For his leadership to keep water flowing to his local communities during the devastating Lahaina wildfire last year, the National Association of Water Companies (NAWC) honored John (Kani) Kadowaki with the Living Water Award during its annual Water Summit today. Kadowaki is the Maui Operations Manager of Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group). The Living Water Award is presented to the regulated water industry professional who best demonstrates excellence in serving the community, colleagues, the industry, or the environment. Although Kadowaki's own family and home were
SAN JOSE, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE:CWT) has earned a spot on Newsweek's list of the "World's Most Trustworthy Companies" for the second year in a row, the magazine announced today. The designation, also in its second year, was given to Group by Newsweek and Statista Inc., a leading statistics portal and industry ranking provider, based on feedback and analysis from the utility's customers, investors, and employees. Newsweek selected 57 companies to be honored in the energy and utilities category, with Group being one of only five water utilities recognized. The 2024 list recognizes 1,000 of the largest stock exchange-listed co
SAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) opened its sixth annual Firefighter Grant Program today to fire departments in its districts, as part of its ongoing commitment to—and partnership with—local first responders. Cal Water encourages professional and volunteer fire departments that serve any part of Cal Water's service areas to apply for funding that will offset costs for fire protection efforts, equipment, training, and education. Cal Water's Firefighter Grant Program has provided more than $854,000 in grants to local fire departments since the program started in 2019. Grants last year ranged from $5,400 to $36,900 to fund equipment su
Wells Fargo upgraded California Water from Underweight to Equal Weight and set a new price target of $57.00 from $50.00 previously
UBS upgraded California Water from Sell to Neutral
Wells Fargo downgraded California Water from Equal Weight to Underweight and set a new price target of $47.00 from $56.00 previously
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
4 - CALIFORNIA WATER SERVICE GROUP (0001035201) (Issuer)
8-K - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
10-Q - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
8-K - CALIFORNIA WATER SERVICE GROUP (0001035201) (Filer)
SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) today announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company as Senior Vice President, Chief Financial Officer and Treasurer, effective January 3, 2024. He succeeds interim Vice President, Chief Financial Officer, and Treasurer David B. Healey. Mr. Healey will serve as Principal Financial Officer on an interim basis, ensuring a smooth transition and supporting the company in its fiscal year 2023 financial reporting. Mr. Lynch is an accomplished senior executive and seasoned finance leader with more than 22 years of experience in the wa
SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- At its meeting on July 31, 2024, the California Water Service Group (NYSE:CWT) Board of Directors declared the company's 318th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on August 23, 2024 to stockholders of record as of the close of business on August 12, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, and Washington Water Service, as well as Texas Water Service, a utility holding company. Together, these companies provide regulated and non-regulated water and wastewater service to m
SAN JOSE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE:CWT) today announced that its 2024 second quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, August 1, 2024. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 5681819, or you may access the live audio webcast at https://edge.media-server.com/mmc/p/nfn5956c. Please join at least 15 minutes in advance to ensure a timely connection to the call. A replay of the call will be available from 2:00 p.m. ET on Thursday, August
SAN JOSE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- To continue providing safe, clean, reliable tap water to customers across the communities it serves, California Water Service (Cal Water)—the largest subsidiary of California Water Service Group (NYSE:CWT)—yesterday submitted Infrastructure Improvement Plans for its California districts from 2025-2027 in its General Rate Case (GRC) filing with the California Public Utilities Commission (CPUC). The application also proposes a Low-Use Water Equity Program, which would decouple revenue from water sales, to assist low-water-using, lower-income customers. The required, triennial filing begins an approximately 18-month review process by the CP
Baird analyst Ben Kallo maintains California Water Servs Gr (NYSE:CWT) with a Outperform and raises the price target from $52 to $55.
California Water Servs Gr (NYSE:CWT) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $0.36 by 236.11 percent. This is a 402.5 percent increase over losses of $(0.40) per share from the same period last year. The company reported quarterly sales of $270.75 million which beat the analyst consensus estimate of $183.85 million by 47.27 percent. This is a 106.52 percent increase over sales of $131.10 million the same period last year.
Martin A. Kropelnicki, Group Chairman & CEO, said, "Although the CPUC rejected our application to include capital costs in our PFAS balancing account, we will proceed with our plans to construct treatment to meet the new federal water quality standard." Additionally, Group has filed lawsuits to hold PFAS manufacturers financially responsible for the costs of testing and treatment, and is pursuing grants where available, to reduce the financial impact on its customers.
SC 13G - CALIFORNIA WATER SERVICE GROUP (0001035201) (Subject)
SC 13G/A - CALIFORNIA WATER SERVICE GROUP (0001035201) (Subject)
SC 13G/A - CALIFORNIA WATER SERVICE GROUP (0001035201) (Subject)