CWT RSI Chart
Last 7 days
0.3%
Last 30 days
20.7%
Last 90 days
12.1%
Trailing 12 Months
-3.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 934.3M | 0 | 0 | 0 |
2023 | 804.5M | 792.4M | 781.1M | 794.6M |
2022 | 816.2M | 809.2M | 818.8M | 846.4M |
2021 | 816.5M | 854.1M | 806.7M | 790.9M |
2020 | 714.0M | 710.5M | 782.0M | 794.3M |
2019 | 689.8M | 693.8M | 705.1M | 714.6M |
2018 | 679.4M | 683.2M | 692.8M | 698.2M |
2017 | 609.7M | 628.4M | 655.8M | 666.9M |
2016 | 588.1M | 596.1M | 596.9M | 609.4M |
2015 | 609.0M | 595.0M | 587.3M | 588.4M |
2014 | 583.2M | 587.0M | 593.8M | 597.5M |
2013 | 554.7M | 565.7M | 571.9M | 584.1M |
2012 | 520.4M | 532.6M | 541.5M | 560.0M |
2011 | 468.3M | 481.4M | 504.3M | 501.8M |
2010 | 453.0M | 454.7M | 461.9M | 460.4M |
2009 | 0 | 423.3M | 436.4M | 449.4M |
2008 | 0 | 0 | 0 | 410.3M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 01, 2024 | krummel thomas m | sold | -111,000 | 50.00 | -2,220 | - |
Mar 07, 2024 | webb ronald d | sold (taxes) | -9,386 | 46.24 | -203 | vp, human resources |
Mar 07, 2024 | kropelnicki martin a | sold (taxes) | -63,117 | 46.24 | -1,365 | chairman, president & ceo |
Mar 07, 2024 | luu michael b | sold (taxes) | -10,126 | 46.24 | -219 | vp, corp svcs. & risk officer |
Mar 07, 2024 | scanlon thomas a | sold (taxes) | -4,947 | 46.24 | -107 | corporate controller & officer |
Mar 07, 2024 | mares michael s jr | sold (taxes) | -8,184 | 46.24 | -177 | sr. vice president, operations |
Mar 07, 2024 | milleman greg a | sold (taxes) | -10,820 | 46.24 | -234 | vp, rates and regulatory aff |
Mar 07, 2024 | mortensen michelle r | sold (taxes) | -10,773 | 46.24 | -233 | corporate secretary |
Mar 07, 2024 | ouyang elissa y | sold (taxes) | -10,866 | 46.24 | -235 | chief procurement & lead ci |
Which funds bought or sold CWT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | COMERICA BANK | reduced | -19.52 | -454,261 | 1,174,950 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -5.2 | -475,352 | 2,683,010 | -% |
May 16, 2024 | Tidal Investments LLC | new | - | 535,217 | 535,217 | 0.01% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -85.94 | -3,963,100 | 571,378 | -% |
May 15, 2024 | Cubist Systematic Strategies, LLC | sold off | -100 | -232,066 | - | -% |
May 15, 2024 | Cullen Capital Management, LLC | added | 57.99 | 151,045 | 514,394 | 0.01% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -89.57 | -1,417,860 | 146,226 | -% |
May 15, 2024 | Aptus Capital Advisors, LLC | added | 11.86 | 7,768 | 3,285,480 | 0.06% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | sold off | -100 | -2,052,760 | - | -% |
May 15, 2024 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 0.38 | -2,782 | 24,883 | -% |
Unveiling California Water Service Group's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to California Water Service Group)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CPK | 2.5T | 698.2M | 26.0K | 3.6K | ||||
AEP | 48.8B | 19.3B | 17.34 | 2.53 | ||||
AWK | 26.1B | 4.3B | 27.17 | 6.05 | ||||
AEE | 19.9B | 7.3B | 17.27 | 2.75 | ||||
ATO | 17.9B | 4.1B | 17.91 | 4.41 | ||||
NRG | 17.2B | 28.5B | 10.44 | 0.6 | ||||
AES | 15.1B | 12.5B | -2.3K | 1.21 | ||||
AGR | 13.9B | 8.3B | 15.55 | 1.68 | ||||
MID-CAP | ||||||||
PNW | 8.9B | 4.7B | 16.53 | 1.89 | ||||
ALE | 3.6B | 1.7B | 15.11 | 2.11 | ||||
AVA | 3.0B | 1.9B | 15.98 | 1.6 | ||||
SMALL-CAP | ||||||||
CWCO | 449.1M | 187.0M | 13.93 | 2.4 | ||||
CDZI | 210.8M | 3.0M | -7.64 | 71.16 | ||||
VIA | 35.4M | 415.8M | 1.49 | 0.09 | ||||
CREG | 8.7M | 867.4K | -9.31 | 9.96 |
California Water Service Group News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 26.2% | 271 | 215 | 255 | 194 | 131 | 201 | 266 | 206 | 173 | 173 | 257 | 213 | 148 | 189 | 304 | 175 | 126 | 177 | 233 | 179 | 126 |
S&GA Expenses | -3.9% | 36.00 | 37.00 | 34.00 | 35.00 | 36.00 | 33.00 | 33.00 | 33.00 | 33.00 | 34.00 | 31.00 | 32.00 | 30.00 | 31.00 | 29.00 | 27.00 | 30.00 | 27.00 | 27.00 | 25.00 | 29.00 |
Interest Expenses | 21.4% | 16.00 | 13.00 | 13.00 | 13.00 | 13.00 | 12.00 | 12.00 | 12.00 | 11.00 | 12.00 | 12.00 | 11.00 | 10.00 | 11.00 | 11.00 | 12.00 | 11.00 | 11.00 | 10.00 | 12.00 | 11.00 |
Income Taxes | - | 17.00 | - | - | - | -3.90 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 131.6% | 70.00 | 30.00 | 34.00 | 9.00 | -22.21 | 20.00 | 56.00 | 19.00 | 1.00 | 4.00 | 62.00 | 38.00 | -3.03 | 15.00 | 96.00 | 5.00 | -20.31 | 11.00 | 42.00 | 17.00 | -7.64 |
Net Income Margin | 136.2% | 0.15* | 0.07* | 0.05* | 0.08* | 0.09* | 0.11* | 0.10* | 0.11* | 0.13* | 0.13* | 0.14* | 0.17* | 0.14* | 0.12* | 0.12* | 0.05* | 0.07* | 0.09* | - | - | - |
Free Cashflow | -64.3% | 27.00 | 74.00 | 106 | 17.00 | 21.00 | 44.00 | 110 | 36.00 | 54.00 | 53.00 | 112 | 38.00 | 30.00 | 21.00 | 77.00 | 16.00 | 4.00 | 40.00 | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 4.0% | 4,781 | 4,596 | 4,041 | 3,990 | 3,887 | 4,265 | 3,806 | 3,683 | 3,639 | 3,623 | 3,680 | 3,549 | 3,471 | 3,394 | 3,506 | 3,360 | 3,241 | 3,111 | 3,023 | 2,965 | 2,901 |
Current Assets | -4.4% | 283 | 296 | 302 | 312 | 269 | 296 | 339 | 277 | 272 | 300 | 393 | 306 | 302 | 266 | 306 | 267 | 270 | 185 | 212 | 206 | 193 |
Cash Equivalents | 8.1% | 43.00 | 40.00 | 35.00 | 56.00 | 86.00 | 85.00 | 113 | 64.00 | 72.00 | 81.00 | 141 | 67.00 | 85.00 | 45.00 | 114 | 115 | 141 | 43.00 | 52.00 | 55.00 | 61.00 |
Goodwill | 0% | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 31.00 | 32.00 | 1.00 | 31.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Current Liabilities | 18.0% | 508 | 430 | 381 | 363 | 350 | 295 | 323 | 286 | 282 | 272 | 361 | 362 | 655 | 589 | 604 | 578 | 513 | 359 | 334 | 331 | 384 |
Short Term Borrowings | 55.6% | 280 | 180 | 115 | 130 | 130 | 70.00 | 70.00 | 70.00 | 50.00 | 35.00 | 120 | 145 | 435 | 370 | 375 | 375 | 335 | 175 | 155 | 165 | 125 |
Long Term Debt | -0.1% | 1,052 | 1,053 | 1,052 | 1,052 | 1,052 | 1,052 | 1,054 | 1,054 | 1,056 | 1,056 | 1,060 | 1,060 | 781 | 781 | 785 | 785 | 786 | 787 | 807 | 808 | 711 |
LT Debt, Current | 75.0% | 1.00 | 1.00 | 2.00 | 2.00 | 3.00 | 3.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 22.00 | 22.00 | 22.00 | 22.00 | 5.00 | 5.00 | 105 |
LT Debt, Non Current | -0.1% | 1,052 | 1,053 | 1,052 | 1,052 | 1,052 | 1,052 | 1,054 | 1,054 | 1,056 | 1,056 | 1,060 | 1,060 | 781 | 781 | 785 | 785 | 786 | 787 | 807 | 808 | 711 |
Shareholder's Equity | 2.8% | 1,471 | 1,430 | 1,415 | 1,394 | 1,303 | 1,322 | 1,267 | 1,196 | 1,159 | 1,172 | 1,121 | 1,002 | 930 | 910 | 890 | 782 | 755 | 769 | 758 | 723 | 714 |
Retained Earnings | 9.8% | 603 | 550 | 534 | 515 | 520 | 557 | 551 | 509 | 503 | 515 | 535 | 484 | 458 | 461 | 467 | 381 | 387 | 406 | 415 | 382 | 375 |
Additional Paid-In Capital | 0.0% | 877 | 877 | 876 | 874 | 778 | 760 | 711 | 682 | 650 | 651 | 581 | 512 | 472 | 449 | 422 | 400 | 368 | 362 | 342 | 340 | 339 |
Shares Outstanding | 0.1% | 58.00 | 58.00 | 58.00 | 58.00 | 56.00 | 56.00 | 54.00 | 54.00 | 54.00 | 52.00 | 52.00 | 51.00 | 50.00 | 49.00 | 50.00 | 49.00 | 49.00 | 48.00 | - | - | - |
Minority Interest | -4.9% | 3.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,814 | - | - | - | 2,122 | - | - | - | 2,364 | - | - | - | 2,356 | - | - | - | 2,437 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -64.3% | 27.00 | 74.00 | 106 | 17.00 | 21.00 | 44.00 | 110 | 36.00 | 54.00 | 53.00 | 112 | 38.00 | 30.00 | 21.00 | 77.00 | 16.00 | 4.00 | 40.00 | 85.00 | 23.00 | 20.00 |
Cashflow From Investing | 0.0% | -109 | -109 | -102 | -95.21 | -82.08 | -107 | -77.50 | -82.23 | -68.68 | -85.34 | -71.56 | -75.26 | -68.72 | -82.93 | -91.95 | -105 | -65.27 | -78.80 | -75.22 | -62.05 | -59.88 |
Cashflow From Financing | 68.5% | 87.00 | 51.00 | -24.27 | 82.00 | 63.00 | 35.00 | 17.00 | 39.00 | 6.00 | -27.96 | 34.00 | 20.00 | 79.00 | -7.15 | 14.00 | 64.00 | 159 | 30.00 | -12.99 | 33.00 | 53.00 |
Dividend Payments | 7.7% | 16.00 | 15.00 | 15.00 | 15.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 |
Buy Backs | 998.1% | 1.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 2.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
Operating revenue | $ 270,749 | $ 131,100 |
Operations: | ||
Water production costs | 64,185 | 55,008 |
Administrative and general | 35,596 | 35,986 |
Other operations | 26,925 | 16,604 |
Maintenance | 8,010 | 7,978 |
Depreciation and amortization | 32,844 | 29,915 |
Income tax expense (benefit) | 15,538 | (5,644) |
Property and other taxes | 9,757 | 8,777 |
Total operating expenses | 192,855 | 148,624 |
Net operating income (loss) | 77,894 | (17,524) |
Other income and expenses: | ||
Non-regulated revenue | 5,098 | 4,623 |
Non-regulated expenses | (1,954) | (2,275) |
Other components of net periodic benefit credit | 3,273 | 5,221 |
Allowance for equity funds used during construction | 1,742 | 1,404 |
Income tax expense on other income and expenses | (1,321) | (1,794) |
Net other income | 6,838 | 7,179 |
Interest expense: | ||
Interest expense | 15,800 | 12,818 |
Allowance for borrowed funds used during construction | (758) | (829) |
Net interest expense | 15,042 | 11,989 |
Net income (loss) | 69,690 | (22,334) |
Net loss attributable to noncontrolling interests | (227) | (123) |
Net income (loss) attributable to California Water Service Group | $ 69,917 | $ (22,211) |
Earnings (loss) per share: | ||
Basic (in dollars per share) | $ 1.21 | $ (0.40) |
Diluted (in dollars per share) | $ 1.21 | $ (0.40) |
Weighted average shares outstanding: | ||
Basic (in shares) | 57,733 | 55,666 |
Diluted (in shares) | 57,774 | 55,666 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Utility plant: | ||
Utility plant | $ 5,022,535 | $ 4,925,483 |
Less accumulated depreciation and amortization | (1,174,013) | (1,152,228) |
Net utility plant | 3,848,522 | 3,773,255 |
Current assets: | ||
Cash and cash equivalents | 42,814 | 39,591 |
Restricted cash | 45,449 | 45,375 |
Receivables: | ||
Customers, net | 51,346 | 59,349 |
Regulatory balancing accounts | 56,125 | 64,240 |
Other, net | 18,074 | 16,431 |
Unbilled revenue, net | 28,769 | 36,999 |
Materials and supplies | 16,934 | 16,170 |
Taxes, prepaid expenses, and other assets | 23,615 | 18,130 |
Total current assets | 283,126 | 296,285 |
Other assets: | ||
Regulatory assets | 384,501 | 257,621 |
Goodwill | 37,039 | 37,039 |
Other | 227,646 | 231,333 |
Total other assets | 649,186 | 525,993 |
TOTAL ASSETS | 4,780,834 | 4,595,533 |
Capitalization: | ||
Common stock, $0.01 par value; 136,000 shares authorized, 57,754 and 57,724 outstanding on March 31, 2024 and December 31, 2023, respectively | 578 | 577 |
Additional paid-in capital | 876,894 | 876,583 |
Retained earnings | 603,326 | 549,573 |
Accumulated other comprehensive loss | (13,366) | 0 |
Noncontrolling interests | 3,405 | 3,579 |
Total equity | 1,470,837 | 1,430,312 |
Long-term debt, net | 1,052,099 | 1,052,768 |
Total capitalization | 2,522,936 | 2,483,080 |
Current liabilities: | ||
Current maturities of long-term debt, net | 1,176 | 672 |
Short-term borrowings | 280,000 | 180,000 |
Accounts payable | 119,839 | 157,305 |
Regulatory balancing accounts | 16,644 | 21,540 |
Accrued interest | 18,332 | 6,625 |
Accrued expenses and other liabilities | 71,892 | 64,197 |
Total current liabilities | 507,883 | 430,339 |
Deferred income taxes | 369,600 | 352,762 |
Regulatory liabilities and other | 809,165 | 760,493 |
Pension | 83,252 | 82,920 |
Advances for construction | 197,955 | 199,448 |
Contributions in aid of construction | 290,043 | 286,491 |
Commitments and contingencies (Note 9) | ||
TOTAL CAPITALIZATION AND LIABILITIES | $ 4,780,834 | $ 4,595,533 |