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

California Water Service Group (NYSE:CWT) is expected to post its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect California Water Service Group to announce earnings of $1.16 per share and revenue of $332.17 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings results 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 released its earnings results on Thursday, July 30th. The utilities provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.13. The company had revenue of $308.60 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.71 earnings per share. 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 Performance

Shares of NYSE:CWT opened at $46.44 on Wednesday. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81. California Water Service Group has a 1-year low of $41.29 and a 1-year high of $53.82. The stock has a market capitalization of $2.87 billion, a P/E ratio of 20.92, a P/E/G ratio of 1.62 and a beta of 0.48. The business has a 50-day moving average price of $47.97 and a two-hundred day moving average price of $47.24.

California Water Service Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Monday, August 10th were given a dividend of $0.3350 per share. This represents a $1.34 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, August 10th. California Water Service Group’s payout ratio is presently 60.36%.

Analysts Set New Price Targets

Several research analysts have weighed in on CWT shares. Freedom Broker started coverage on California Water Service Group in a report on Wednesday, September 23rd. They set a “hold” rating and a $49.00 target price on the stock. Weiss Ratings upgraded California Water Service Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. Seaport Research Partners reissued a “buy” rating and set a $53.00 target price on shares of California Water Service Group in a research note 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 research note on Saturday, July 18th. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $51.50.

Insiders Place Their Bets

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

California Water Service Group Company Profile

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.