California Water Service CWT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
California Water Service (CWT) Business Model and Operations Summary
California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.
Key Insights
California Water Service (CWT) Core Market Data and Business Metrics
Latest Closing Price
$48.71Market Cap
$2.90 BillionPrice-Earnings Ratio
14.08Total Outstanding Shares
59.49 Million SharesTotal Employees
1,278Dividend
$0.30 Per Share QuarterlyIPO Date
April 8, 1994SIC Description
Water SupplyPrimary Exchange
New York Stock ExchangeHeadquarters
1720 N First St, San Jose, CA, 95112
Historical Stock Splits
If you bought 1 share of CWT before June 13, 2011, you'd have 2 shares today.
| Execution Date | Split Amount |
|---|---|
| June 13, 2011 | 2-for-1 |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $36.15 Million |
| Net Cash Flow | $36.15 Million |
| Net Cash Flow From Financing Activities, Continuing | $183.73 Million |
| Net Cash Flow From Financing Activities | $183.73 Million |
| Net Cash Flow From Investing Activities, Continuing | $-444.67 Million |
| Net Cash Flow From Operating Activities, Continuing | $297.09 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $-717,000 |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Operating Expenses | $801.08 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $201.28 Million |
| Income/Loss From Continuing Operations Before Tax | $885.37 Million |
| Income/Loss From Continuing Operations After Tax | $200.56 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $204.21 Million |
| Other Comprehensive Income/Loss | $3.87 Million |
| Comprehensive Income/Loss | $204.43 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $219,000 |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Accounts Payable | $171.50 Million |
| Other Non-current Assets | $611.07 Million |
| Liabilities And Equity | $5.01 Billion |
| Noncurrent Liabilities | $2.81 Billion |
| Current Assets | $362.95 Million |
| Liabilities | $3.38 Billion |
Historical Dividends
Current dividend: $0.30 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 29, 2025 | Feb 21, 2025 | Feb 10, 2025 | $0.3 | Quarterly |
| Oct 30, 2024 | Nov 22, 2024 | Nov 12, 2024 | $0.28 | Quarterly |
| Jul 31, 2024 | Aug 23, 2024 | Aug 12, 2024 | $0.28 | Quarterly |
| Apr 24, 2024 | May 17, 2024 | May 6, 2024 | $0.28 | Quarterly |
| Jan 25, 2024 | Feb 23, 2024 | Feb 12, 2024 | $0.28 | Quarterly |
| Oct 25, 2023 | Nov 17, 2023 | Nov 6, 2023 | $0.26 | Quarterly |