California Water Service Group (CWT) Set to Announce Earnings on Wednesday

California Water Service Group (NYSE:CWT) will likely be announcing its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect California Water Service Group to post earnings of $1.16 per share and revenue of $332.17 million for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

California Water Service Group (NYSE:CWT) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.13. The firm had revenue of $308.60 million for the quarter, compared to analyst estimates of $283.50 million. California Water Service Group had a return on equity of 7.74% and a net margin of 12.63%. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period last year, the company earned $0.71 EPS. On average, analysts expect California Water Service Group to post $2.57 EPS for the current fiscal year and $2.72 EPS for the next fiscal year.

California Water Service Group Stock Down 0.6%

CWT opened at $47.75 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.70 and a quick ratio of 0.67. The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 21.51, a price-to-earnings-growth ratio of 1.70 and a beta of 0.48. The business has a 50-day moving average of $47.75 and a two-hundred day moving average of $46.58. California Water Service Group has a 12 month low of $41.29 and a 12 month high of $53.82.

California Water Service Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Monday, August 10th were issued a dividend of $0.3350 per share. This represents a $1.34 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, August 10th. California Water Service Group’s dividend payout ratio is presently 60.36%.

Insider Buying and Selling at California Water Service Group

In related news, Director Thomas M. Krummel sold 3,700 shares of California Water Service Group stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $50.37, for a total transaction of $186,369.00. Following the sale, the director owned 20,104 shares of the company’s stock, valued at $1,012,638.48. The trade was a 15.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lester A. Snow sold 500 shares of California Water Service Group stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $50.21, for a total transaction of $25,105.00. Following the sale, the director directly owned 17,817 shares in the company, valued at $894,591.57. This trade represents a 2.73% decrease in their position. The SEC filing for this sale provides additional information. 0.78% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently issued reports on CWT. Weiss Ratings raised shares of California Water Service Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. Freedom Broker began coverage on shares of California Water Service Group in a research report on Wednesday, September 23rd. They set a “hold” rating and a $49.00 price target for the company. Seaport Research Partners reaffirmed a “buy” rating and set a $53.00 price target on shares of California Water Service Group in a research report on Wednesday, August 12th. Finally, Wall Street Zen upgraded shares of California Water Service Group from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $51.50.

About California Water Service Group

California Water Service Group (NYSE:CWT) is a holding company that provides water utility services through its regulated operating subsidiaries. The company supplies clean water for residential, commercial, industrial and institutional customers, and its operations include the production, treatment, storage, distribution and delivery of water. Some of its subsidiaries also provide wastewater collection and treatment services.

The company’s principal subsidiary, California Water Service Company, serves communities throughout California.