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CALIFORNIA WATER SERVICE GROUP (CWT)

Utilities · Water Utilities · NYSE

A major regulated water and wastewater utility serving customers across multiple states, primarily focused on providing reliable water delivery and infrastructure services.

What CALIFORNIA WATER SERVICE GROUP does

California Water Service Group is a regulated water utility that provides water and wastewater services to customers primarily in California, Washington, New Mexico, and Hawaii. The company's primary business involves the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and fire protection uses. It operates under extensive regulatory oversight by state public utility commissions.

Themes: regulated utilities, water infrastructure, environmental compliance

Fundamentals

  • Price$45.60 as of 2026-10-08 close
  • Market cap$2.8B as of 2026-07-20 (share count; price 2026-10-08)
  • 1-year return-2.6% 2025-10-08 close $46.81 → 2026-10-08 close $45.60
  • P/E20.53 as of 2026-10-08
  • Net margin+13.3% FY2025, SEC XBRL
  • ROE+7.6% FY2025, SEC XBRL
  • Debt / equity0.93 as of 2026-09-03
  • Revenue growth (YoY)+6.4% as of 2026-09-03
  • Revenue CAGR (3y)+7.6% SEC XBRL
  • Beta-0.04 as of 2026-09-03
  • Last reported earnings2026-07-30 SEC EDGAR Form 8-K (Item 2.02)

Dividend: yield +2.9%; at least 16 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.

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How CWT compares in its sector

  • price-to-earnings ratiomiddle range 67 covered Utilities peers, as of 2026-10-08
  • net profit marginmiddle range 65 covered Utilities peers, as of 2026-09-03
  • operating marginmiddle range 62 covered Utilities peers, as of 2026-09-03
  • return on equitybottom 25% 72 covered Utilities peers, as of 2026-09-03
  • 3-year revenue CAGRtop 25% 70 covered Utilities peers
  • indicated dividend yieldmiddle range 67 covered Utilities peers, as of 2026-09-03

Position among covered Utilities companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.

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Top 10 scores & list membership

CWT is not currently in any published Top 10 list. Its scores are below.

Top 10 score

45.7 #960 of 1,379 scored · #26 of 54 in Utilities

  • Profitability51.0
  • Growth45.2
  • Financial health36.2
  • Valuation45.2
  • Capital return57.9
  • Trend42.1

Capital return 58th (consecutive years of dividend increases 16 years, net share count bought back over the year -1.7) and profitability 51st (operating margin 17.7%, return on equity 7.6%); weakest is financial health (36th, debt to equity 0.9).

Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.

Dividend coverage (FY2025)

Covered by reported results. In FY2025, CWT's dividend was covered by reported results (earnings payout 58%, operating-cash-flow payout 24%). This describes past coverage, not a forecast.

  • Earnings payout58% dividends / net income
  • Operating-cash-flow payout24% dividends / operating cash flow — capital spending was not reported, so this does not subtract it

Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.

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How CALIFORNIA WATER SERVICE GROUP looks technically

CALIFORNIA WATER SERVICE GROUP (CWT) is trading 1.6% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 65 trading days ago — a "golden cross", a bullish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 40, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 36, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 6 trading days ago. It is 15.3% below its highest point of the past year.

Trend

8
Distance from the 200-dayit is trading 1.6% below its 200-day average, the long-term trend line — a long-term downtrend-1.6%
50-day moving averageits average price over the last 50 trading days — a short-term trend line — is $48.63$48.63
200-day moving averageits average price over the last 200 trading days — the long-term trend line — is $46.35$46.35
Swing structureits recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swingsmixed — one of the two is not confirming
Last swing turnits last significant turn was a swing high 44 calendar days ago — the swings before that are what the structure reading is measured on44 sessions
Wave structureits recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 50.99. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next.possible three-wave upward correction, complete (atypical proportions)
Since the 50/200 crossits 50-day average crossed above its 200-day average about 65 trading days ago — a "golden cross", a bullish long-term signal65 sessions
Trend strength (14-day ADX)a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 40, with sellers in control40.0

Momentum

3
14-day RSImomentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 36, neither overbought (above 70) nor oversold (below 30)36.0
Position in its 14-day rangeit is trading in the lower half of its 14-day range ($45.05 to $47.68) — its "stochastic" reading is 21 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions.20.9
Since the MACD crossed zeroMACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish)55 sessions

Range

12
52-week highits highest closing price over the past year (about 252 trading days) was $53.82$53.82
From the 52-week highit is 15.3% below its 52-week high (its highest price of the past year)-15.3%
Above the 52-week lowit is 10.4% above its 52-week low (its lowest price of the past year)+10.4%
Below the 52-week highit is 15.3% below its highest point of the past year15.3%
Since a 20-day breakoutit made a new 20-day low about 6 trading days ago6 sessions
Since a 55-day breakoutit made a new 55-day low about 6 trading days ago6 sessions
All-time highits highest closing price on record is $72.08 (set on 2021-12-31)$72.08
Given back of the 52-week moveover the past year its closes ranged ($42.24 to $52.44), and it has given back well over two thirds of its rise from last year’s low — 67% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $45.81 to $46.14. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast.67.1%
From the all-time highit is 36.7% below its all-time high-36.7%
Nearest price levelit is trading 1.3% below a resistance level at $46.17 — a price it turned at 9 times since 2025-02-03, most recently on 2026-06-11. Since 2024-10-08 it has 4 such levels below the current price and 5 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go.+1.3%
All-time lowits lowest closing price on record is $13.84 (set on 2008-10-10)$13.84
Above the all-time lowit is 229.5% above its all-time low+229.5%

Volatility

5
Band width vs its own 6 monthsday-to-day price swings are about average versus its own recent 6-month history57th percentile
Typical daily rangein a typical session it travels about $0.9877 between its high and its low — about 2.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was$0.9877
Bollinger bands (20-day, ±2σ)most of its recent trading has stayed between about $44.51 and $48.64 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles$44.51 – $46.58 – $48.64
Typical daily range (% of price)its price moves about 2.2% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price2.2%
Stretch from the 200-day averageit is trading 0.8 daily ranges below its 200-day average price (1.6% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale0.8 daily ranges below its 200-day average

Volume

1
Volume vs its 30-day averagetrading volume is about normal versus its 30-day average0.95×

Analyst

2
Change in the average price targetanalysts' average price target is unchanged from the prior reading0.0%
Change in the consensus ratingnot available for this company yetn/a

Candlestick patterns

2
Since a hammer9 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close9 sessions ago
Since a bearish engulfing5 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it5 sessions ago

Price gaps

2
Gap at the openit opened on 2026-10-08 at essentially the same price it closed at the session before — no meaningful overnight gap0.0%
Gap filleda 2.1% gap up opened on 2026-09-11 has been "filled" 19 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it19 sessions ago

Price streaks

1
Closing streakit closed higher in its latest session, after a session that did not close higher — a single up day rather than a run1 session up

Relative strength

4
vs market, 1 monthover the past 1 month this stock lagged the market by 9.6 percentage points (the stock lost 8.6% while the market gained 1.0%)-9.6%
vs market, 3 monthsover the past 3 months this stock lagged the market by 11.4 percentage points (the stock lost 7.6% while the market gained 3.8%)-11.4%
vs market, 6 monthsover the past 6 months this stock lagged the market by 17.6 percentage points (the stock lost 0.2% while the market gained 17.5%)-17.6%
vs market, 12 monthsover the past 12 months this stock lagged the market by 17.6 percentage points (the stock lost 2.6% while the market gained 15.0%)-17.6%

Signal agreement

2
Bullish technical signals1 of the 9 technical signals we can compute for it is currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day — these describe past price behaviour, not a forecast1 of 9
Bearish technical signals5 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast5 of 9

Trend (Ichimoku cloud)

1
Vs the Ichimoku cloudtrading 7.5% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 2.9% of the share price.-7.5%

Volume-weighted price

2
Vs this year’s average price paidthe price is 2% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $46.74 — a volume-weighted average of daily closes over 190 sessions, not a true tick-by-tick VWAP.-2.4%
Vs the average paid since it last reportedthe price is 7% below the average price paid since it last reported on 2026-07-30 (its 10-Q), so the typical buyer over that stretch is under water. That average is $48.79 — a volume-weighted average of daily closes over 50 sessions, not a true tick-by-tick VWAP.-6.5%

Price levels it has turned at before

CWT last closed at $45.60 on 2026-10-08. Since 2024-10-08 it has turned at 4 prices below its last close and 5 above; the 3 nearest below and the 3 nearest above are listed, nearest first.

LevelSideDistanceEvidence
$46.17Resistance1.3% above the last closeturned there 9 times · 2025-02-03 to 2026-06-11
$44.89Support1.6% below the last closeturned there five times · 2025-03-25 to 2026-06-17
$43.94Support3.6% below the last closeturned there 11 times · 2025-02-27 to 2026-05-08
$47.46Resistance4.1% above the last closeturned there 11 times · 2024-12-10 to 2026-04-23
$42.86Support6.0% below the last closeturned there six times · 2025-02-10 to 2026-05-15
$48.92Resistance7.3% above the last closeturned there five times · 2024-11-04 to 2026-08-27

A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.

Wave structure

Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.

This labelling fails — stops being a possible reading at all — if it closes above $50.99.

It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.

This reading has stood for 27 trading days, since 2026-09-01.

Read from daily closes as of 2026-10-08.

An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.

Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.

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Analyst consensus

  • Mean price target$53.75 range $49.00 – $57.00; median $54.50

Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.

Analyst EPS estimate for CWT

  • Consensus EPS estimate$1.21 next reporting period, as of 2026-10-08
  • Estimate change, 30 days$0.00 (0.0%) from $1.21, on 2026-09-03, 35-day window
  • Readings revised upward22% of 9 comparable readings

The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.

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Key risks (from latest filing)

["Significant reliance on regulatory approval for rate increases and cost recovery.","Operational risks related to water quality standards and environmental compliance.","Exposure to climate-related risks, including droughts and wildfires, which impact water availability and infrastructure."]

See CWT's biggest risks from its latest 10-Q →

What changed in the latest 10-Q

AI-assisted comparison of CWT's 10-Q filed 2026-07-30 against the prior one filed 2026-04-30.

Management's Discussion & Analysis (MD&A)

  • Added:
    • Newer filing (2026-07-30) describes the Nexus acquisition target as 'Nexus Water Group’s (Nexus) Nevada and Oregon systems'; older filing (2026-04-30) described it as 'Nexus Water Group’s (Nexus) Nevada and Oregon utilities'.
    • Newer filing (2026-07-30) bullet on regulatory commissions' actions drops the older filing's reference to 'including with respect to the 2024 CA GRC and the GRCs of our other subsidiaries'.
    • Newer filing (2026-07-30) changes the EPA PFAS bullet wording to 'finalization of and changes to a National Primary Drinking Water Regulation'; older filing said 'finalization of a National Primary Drinking Water Regulation'.
    • Newer filing (2026-07-30) acquisition risk bullet says 'including the Nevada and Oregon systems and BVRT acquisitions'; older filing said 'including the Nexus and BVRT acquisitions'.
    • Newer filing (2026-07-30) economic conditions bullet adds 'including ongoing conflicts in the Middle East' after 'geopolitical conflicts'; older filing ended that clause at 'geopolitical conflicts'.
  • Removed:
    • Older filing (2026-04-30) forward-looking statements example included reference to 'including plans and proposals pursuant to and timing and impact of regulatory commissions' actions related to the California Water Service Company (Cal Water)'s general rate case (GRC) filed on July 8, 2024 (2024 CA GRC) and the GRCs filed by our other subsidiaries'; this reference is absent from the newer filing (2026-07-30).
    • Older filing (2026-04-30) first risk factor bullet included 'including with respect to the 2024 CA GRC and the GRCs of our other subsidiaries'; this clause is absent from the newer filing (2026-07-30).
    • Older filing (2026-04-30) EPA PFAS bullet said 'finalization of a National Primary Drinking Water Regulation'; newer filing (2026-07-30) replaces 'of' with 'of and changes to', so the older wording 'finalization of a' is removed.
    • Older filing (2026-04-30) acquisition risk bullet said 'including the Nexus and BVRT acquisitions'; newer filing (2026-07-30) replaces this with 'including the Nevada and Oregon systems and BVRT acquisitions', removing the word 'Nexus' from that phrase.
  • Reworded:
    • Nexus acquisition description changed from 'Nevada and Oregon utilities' (older filing 2026-04-30) to 'Nevada and Oregon systems' (newer filing 2026-07-30).
    • EPA PFAS bullet changed from 'finalization of a National Primary Drinking Water Regulation' (older filing 2026-04-30) to 'finalization of and changes to a National Primary Drinking Water Regulation' (newer filing 2026-07-30).
    • Acquisition risk bullet changed from 'including the Nexus and BVRT acquisitions' (older filing 2026-04-30) to 'including the Nevada and Oregon systems and BVRT acquisitions' (newer filing 2026-07-30).
    • Economic conditions bullet changed from 'geopolitical conflicts, and the prospect of shutdowns' (older filing 2026-04-30) to 'geopolitical conflicts, including ongoing conflicts in the Middle East, and the prospect of shutdowns' (newer filing 2026-07-30).
  • Notes:
    • The newer filing text is truncated mid-sentence at 'investors are caut' and the older filing text is truncated at 'federal regulatory agencies an', so changes after those cut-off points could not be assessed.
    • Only the forward-looking statements portion of the MD&A section is included in both texts; other MD&A content was not provided for comparison.

Risk Factors

  • Reworded:
    • In the newer filing (filed 2026-07-30), the parenthetical in Item 5(c) states 'as defined under Securities and Exchange Commission rules'; in the older filing (filed 2026-04-30), it states 'as defined under SEC rules'.
  • Notes:
    • The provided excerpts are truncated and include content beyond the Risk Factors section (Item 5, Item 6, and signature page). The Risk Factors statement itself is identical in both filings.

AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.

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Insider activity (SEC Form 4)

0 open-market purchases and 2 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.

  • Last 90 days · read to 2026-10-040 buys · 2 sells ($211456) — 2 selling insiders
  • Last 180 days · read to 2026-10-040 buys · 4 sells ($420070) — 2 selling insiders

Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)

Most recent open-market transaction: 2026-09-01. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.

View full insider trading history → View SEC Form 3/4/5 filings

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Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.

Institutional ownership (13F)

5 institutional 13F filers reported holding CWT as of 2026-06-30 (quarter-end position, filed within 45 days).

  • Distinct 13F filers 5
  • Reported shares held 15,840,742
  • Reported value $770,652,084

reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".

Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.

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Short interest (FINRA)

CWT had 2,415,232 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).

CWT had 3.91% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.29 days to cover at the same settlement.

  • Reported short interest (shares) 2,415,232
  • Short interest (% of shares outstanding) 3.91%
  • Prior settlement (shares) 2,429,274
  • Reported change -0.58%
  • Days to cover (reported) 4.29

Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.

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Competitors & peers

AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.

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Frequently asked questions

What does CALIFORNIA WATER SERVICE GROUP (CWT) do?

California Water Service Group is a regulated water utility that provides water and wastewater services to customers primarily in California, Washington, New Mexico, and Hawaii. The company's primary business involves the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and fire protection uses. It operates under extensive regulatory oversight by state public utility commissions.

What sector is CALIFORNIA WATER SERVICE GROUP (CWT) in?

CALIFORNIA WATER SERVICE GROUP (CWT) is classified in the Utilities sector. Its industry is Water Utilities. It trades on NYSE.

Does CWT pay a dividend?

Yes — CALIFORNIA WATER SERVICE GROUP (CWT) pays a dividend, with an indicated yield of about 2.87% and at least 16 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-09-03). Informational only — not financial advice.

Who are CALIFORNIA WATER SERVICE GROUP's (CWT) competitors?

Notable peers of CALIFORNIA WATER SERVICE GROUP (CWT) include American Water Works, Essential Utilities, SJW Group, Middlesex Water and York Water. This peer set is informational only — not financial advice.

Is CALIFORNIA WATER SERVICE GROUP (CWT) overbought or oversold right now?

CALIFORNIA WATER SERVICE GROUP (CWT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 36, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.

Where does stocks-llm's data on CWT come from?

Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.

Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-10-08.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.