California Water Service Group (CWT) to Release Earnings on Thursday

California Water Service Group (NYSE:CWT) is expected to be issuing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $0.79 per share and revenue of $283.50 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

California Water Service Group (NYSE:CWT) last announced its earnings results on Thursday, April 30th. The utilities provider reported $0.07 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.18). The firm had revenue of $214.57 million for the quarter, compared to the consensus estimate of $210.27 million. California Water Service Group had a return on equity of 7.06% and a net margin of 11.77%.California Water Service Group’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.22 EPS. On average, analysts expect California Water Service Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

California Water Service Group Stock Performance

CWT opened at $50.81 on Tuesday. The business has a 50 day moving average price of $47.26 and a two-hundred day moving average price of $45.79. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.69 and a quick ratio of 0.65. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 25.41, a price-to-earnings-growth ratio of 1.86 and a beta of 0.51. California Water Service Group has a 1-year low of $41.29 and a 1-year high of $52.51.

California Water Service Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were paid a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, May 11th. California Water Service Group’s payout ratio is currently 67.00%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Wall Street Zen upgraded California Water Service Group from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Weiss Ratings raised California Water Service Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, June 12th. Finally, Robert W. Baird set a $54.00 price target on shares of California Water Service Group in a research report on Friday, May 1st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

Insider Activity at California Water Service Group

In other California Water Service Group news, Director Lester A. Snow sold 1,100 shares of California Water Service Group stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $44.00, for a total value of $48,400.00. Following the transaction, the director owned 18,316 shares in the company, valued at approximately $805,904. The trade was a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas M. Krummel sold 3,700 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $43.30, for a total value of $160,210.00. Following the completion of the transaction, the director directly owned 23,805 shares in the company, valued at $1,030,756.50. This represents a 13.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.78% of the company’s stock.

Hedge Funds Weigh In On California Water Service Group

A number of hedge funds have recently modified their holdings of CWT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of California Water Service Group by 8.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,341 shares of the utilities provider’s stock worth $2,294,000 after purchasing an additional 3,810 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of California Water Service Group by 21.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 311,502 shares of the utilities provider’s stock valued at $15,095,000 after purchasing an additional 54,277 shares during the period. Jane Street Group LLC acquired a new position in shares of California Water Service Group in the 1st quarter valued at $5,979,000. Focus Partners Wealth increased its stake in California Water Service Group by 432.4% in the 1st quarter. Focus Partners Wealth now owns 27,161 shares of the utilities provider’s stock worth $1,316,000 after purchasing an additional 22,059 shares in the last quarter. Finally, Intech Investment Management LLC increased its stake in California Water Service Group by 16.4% in the 1st quarter. Intech Investment Management LLC now owns 28,810 shares of the utilities provider’s stock worth $1,396,000 after purchasing an additional 4,055 shares in the last quarter. 82.78% of the stock is currently owned by institutional investors and hedge funds.

About California Water Service Group

California Water Service Group (NYSE: CWT) is a publicly traded holding company that provides regulated water utility services through its subsidiaries. The company delivers safe, reliable drinking water and wastewater management to residential, commercial, industrial and municipal customers across California, Hawaii and New Mexico. Its principal operating units include California Water Service, New Mexico Water Service and Hawaii Water Service, each responsible for end?to?end water supply operations—from source development and treatment to distribution and customer service.

Founded in 1926 as the California Water Service Company, the group has grown to become one of the largest investor?owned water utilities in the United States by customer count.