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

California Water Service Group (NYSE:CWT) will likely be releasing 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 can find conference call details on the company’s upcoming Q2 2026 earning report 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 quarterly earnings results on Thursday, April 30th. The utilities provider reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.18). California Water Service Group had a net margin of 11.77% and a return on equity of 7.06%. The firm had revenue of $214.57 million for the quarter, compared to analyst estimates of $210.27 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. 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 Trading Up 3.4%

NYSE:CWT opened at $52.51 on Wednesday. The stock’s 50 day moving average price is $47.45 and its 200 day moving average price is $45.85. California Water Service Group has a 52 week low of $41.29 and a 52 week high of $53.13. The company has a market capitalization of $3.14 billion, a P/E ratio of 26.25, a P/E/G ratio of 1.87 and a beta of 0.51. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.65 and a current ratio of 0.69.

Wall Street Analysts Forecast Growth

CWT has been the subject of a number of analyst reports. 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. Robert W. Baird set a $54.00 price target on shares of California Water Service Group in a research note on Friday, May 1st. Finally, Weiss Ratings upgraded shares of California Water Service Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, June 12th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $54.50.

Insider Buying and Selling

In other news, Director Lester A. Snow sold 1,100 shares of the business’s stock in a transaction 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 completion of the sale, the director directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas M. Krummel sold 3,700 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $43.30, for a total transaction of $160,210.00. Following the completion of the sale, the director owned 23,805 shares of the company’s stock, valued at $1,030,756.50. The trade was a 13.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System boosted its position in shares of California Water Service Group by 0.5% during the second quarter. California State Teachers Retirement System now owns 54,416 shares of the utilities provider’s stock worth $2,475,000 after purchasing an additional 278 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of California Water Service Group by 109.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 697 shares of the utilities provider’s stock valued at $32,000 after buying an additional 365 shares in the last quarter. Martingale Asset Management L P increased its position in shares of California Water Service Group by 0.6% in the 3rd quarter. Martingale Asset Management L P now owns 82,597 shares of the utilities provider’s stock valued at $3,790,000 after buying an additional 519 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in California Water Service Group by 4.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,729 shares of the utilities provider’s stock worth $595,000 after buying an additional 568 shares during the period. Finally, Danske Bank A S acquired a new stake in California Water Service Group during the 3rd quarter worth $28,000. Institutional investors own 82.78% of the company’s stock.

California Water Service Group Company Profile

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.