California Water Service(CWT)
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California Water Service Group Schedules 2025 Full-Year and Fourth-Quarter Earnings Results Announcement and Conference Call
Globenewswire· 2026-02-05 21:05
SAN JOSE, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 full-year and fourth-quarter earnings results will be released after market-close on Wednesday, February 25, 2026, and its earnings conference call will be held at 11:00 a.m. ET on Thursday, February 26, 2026. 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# 2201083, or you may a ...
California Water Service Group Chairman & CEO Marty Kropelnicki Named to Newly Established CalCEO Council
Globenewswire· 2026-02-03 21:15
SAN JOSE, Calif., Feb. 03, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) Chairman and Chief Executive Officer Martin (Marty) Kropelnicki has joined a diverse team of top California CEOs to form the CalCEO Council, an advisory group created to help strengthen the state’s economy. Established by the California Foundation for Commerce & Education, which is affiliated with the California Chamber of Commerce, CalCEO brings together 22 experienced business leaders from top companies across t ...
Top 5 Low Price-to-Sales Stock Picks for Value-Focused Investors
ZACKS· 2026-02-03 17:20
Key Takeaways Low price-to-sales ratios help identify stocks where revenues are undervalued despite solid business momentum.The screen favors firms with improving operations, disciplined capital use and growing sales in core segments.Combining low price-to-sales with balance-sheet strength helps filter value plays with sustainable upside.Investing in stocks based on valuation metrics is a proven strategy for identifying opportunities with strong upside potential. While the price-to-earnings (P/E) ratio is a ...
California Water Service Group Board of Directors Announces 59th Annual Dividend Increase and Declares 324th Consecutive Quarterly Dividend
Globenewswire· 2026-01-28 21:15
SAN JOSE, Calif., Jan. 28, 2026 (GLOBE NEWSWIRE) -- To kick off its Centennial Celebration, California Water Service Group (NYSE:CWT) declared its 324th consecutive quarterly dividend in the amount of $0.3350 per common share, payable on February 20, 2026, to stockholders of record as of the close of business on February 9, 2026. The quarterly dividend increase follows the Board of Directors’ announcement of its intent to increase the annual dividend by 8% or $0.10 per common share to $1.34, compared to the ...
California Water Service Group Celebrates a Century of Building “Trust on Tap”
Globenewswire· 2026-01-26 21:25
SAN JOSE, Calif., Jan. 26, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) turns 100 years old this year, and it will commemorate the milestone with a year-long celebration of its legacy that is the foundation for future success. “Throughout our history, we have shown resilience, ingenuity, and commitment, overcoming challenges time and time again to provide our customers a safe, reliable water supply,” said Chairman and Chief Executive Officer Martin A. Kropelnicki. “We are a purpose-dr ...
California Water Service (CWT) Moves to Take Full Control of BVRT in Texas Expansion Push
Yahoo Finance· 2026-01-24 11:16
Group 1 - California Water Service Group (CWT) is recognized as one of the 14 Best Mid-Cap Dividend Stocks to Buy Now, indicating strong investment potential in the dividend space [1] - CWT has agreed to acquire the remaining ownership interests in BVRT Utility Holding Company LLC, which would make it the sole owner of BVRT's seven water and wastewater utility subsidiaries serving the Austin–San Antonio corridor [2][3] - The acquisition is part of CWT's strategy to enhance its investment and operations in Texas, with plans to file a change-of-control application with the Public Utilities Commission of Texas (PUCT) [3][4] Group 2 - CWT operates as a holding company providing water utility and related services across multiple states, including California, Washington, New Mexico, Hawaii, and Texas [4]
Tap These 5 Bargain Stocks With Attractive EV-to-EBITDA Ratios
ZACKS· 2026-01-22 15:26
Core Insights - Investors often focus on the price-to-earnings (P/E) ratio for stock valuation, but this metric has limitations [1] - The EV-to-EBITDA ratio is considered a more comprehensive valuation metric, providing a clearer picture of a company's true value and earnings potential [2][4] Valuation Metrics - EV-to-EBITDA is calculated by dividing a company's enterprise value (EV) by its earnings before interest, taxes, depreciation, and amortization (EBITDA), offering a complete view of a company's valuation [4] - A lower EV-to-EBITDA ratio typically indicates a stock may be undervalued, making it attractive for acquisition targets [5] - Unlike P/E, EV-to-EBITDA can be applied to companies with negative net earnings but positive EBITDA, making it useful for evaluating highly leveraged firms [6] Limitations of EV-to-EBITDA - EV-to-EBITDA has its own limitations and should not be used in isolation; it varies across industries and is not suitable for comparing companies in different sectors [7] Screening Criteria for Bargain Stocks - Parameters for screening include: - EV-to-EBITDA ratio lower than the industry median [8] - P/E ratio lower than the industry median [8] - P/B ratio lower than the industry median [9] - P/S ratio lower than the industry median [9] - Estimated one-year EPS growth greater than or equal to the industry median [9] - Average 20-day volume greater than or equal to 50,000 [10] - Current price greater than or equal to $5 [10] - Zacks Rank of 1 or 2 [10] - Value Score of A or B [11] Selected Stocks - Industrial Logistics Properties Trust (ILPT) has a Zacks Rank of 1 and a Value Score of A, with an expected earnings growth rate of 20% for 2026 [11][12] - Plains GP Holdings (PAGP) also has a Zacks Rank of 1 and a Value Score of A, with an expected earnings growth rate of 27% for 2026 [12][13] - ASGN Incorporated (ASGN) holds a Zacks Rank of 2 and a Value Score of A, with an expected earnings growth rate of 10.1% for 2026 [13][14] - California Water Service Group (CWT) has a Zacks Rank of 2 and a Value Score of B, with an expected earnings growth rate of 8.3% for 2026 [14][15] - Dollar Tree, Inc. (DLTR) has a Zacks Rank of 2 and a Value Score of B, with an expected earnings growth rate of 12.4% for the current fiscal year [15][16]
CWT vs. AWK: Which Stock Is the Better Value Option?
ZACKS· 2026-01-13 17:41
Core Insights - California Water Service Group (CWT) has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to American Water Works (AWK), which has a Zacks Rank of 3 (Hold) [3] - CWT is considered more attractive to value investors due to its favorable valuation metrics and stronger estimate revision activity [7] Valuation Metrics - CWT has a forward P/E ratio of 17.73, while AWK has a forward P/E of 21.30, suggesting CWT is undervalued relative to AWK [5] - The PEG ratio for CWT is 2.02, compared to AWK's PEG ratio of 3.15, indicating CWT's expected earnings growth is more favorable [5] - CWT's P/B ratio is 1.56, while AWK's P/B ratio is 2.33, further supporting CWT's valuation attractiveness [6] Value Grades - CWT has a Value grade of B, while AWK has a Value grade of D, reflecting CWT's superior valuation metrics [6]
California Water Service Group Expanding Investment and Operations in Texas
Globenewswire· 2026-01-08 23:30
Core Viewpoint - California Water Service Group has agreed to purchase the remaining membership interests of BVRT Utility Holding Company, becoming the sole owner of its water and wastewater utilities in the Austin-San Antonio corridor [1] Group 1: Acquisition Details - The acquisition is subject to customary terms and conditions, including approval from the Public Utilities Commission of Texas and the Group Board [2] - The acquisition will enhance California Water Service Group's investment and operations in Texas, allowing for better integration of the BVRT team [5] Group 2: Expansion and Infrastructure - BVRT has been expanding its Texas footprint by building and enhancing water and wastewater infrastructure [1] - Camino Real Utility Company, a BVRT subsidiary, has received a water certificate to serve future customer connections in a 230-acre area in Caldwell County [3] - Camino Real currently provides wastewater service to 270 customers and has plans to extend its sewer main to serve a new development expected to include up to 5,000 dwelling units by 2036 [4] Group 3: Company Overview - California Water Service Group operates regulated utilities across multiple states, providing water and wastewater services to over 2.1 million people [6]
California Water Service Group Promotes Todd K. Peters and Thomas A.
Globenewswire· 2026-01-07 22:00
Core Viewpoint - California Water Service Group announced the promotion of Todd K. Peters to Vice President, Engineering and Thomas A. Scanlon to Vice President, Corporate Controller and Chief Accounting Officer, effective January 1, 2026 [1]. Group 1: Promotions and Leadership - Todd K. Peters has been with the company since 1993, holding various positions, most recently as Chief Engineering Officer. He holds a Bachelor of Science Degree in Civil Engineering from San Jose State University and is a licensed Professional Engineer in multiple states [2]. - Thomas A. Scanlon joined the company in 2010 and most recently served as Corporate Controller and Chief Accounting Officer. He holds a Bachelor of Science Degree in Finance from Marquette University and an MBA from the University of Illinois, and is a Certified Public Accountant [3]. - Chairman & CEO Martin A. Kropelnicki stated that the promotions recognize the contributions both individuals have made to the company's success [3][4]. Group 2: Company Overview - California Water Service Group is the parent company of regulated utilities providing water and wastewater services to over 2.1 million people across California, Hawaii, New Mexico, Washington, and Texas [5]. - The company's common stock trades on the New York Stock Exchange under the symbol "CWT" [5].