What is Huntington Sec’s Forecast for CWT FY2026 Earnings?

California Water Service Group (NYSE:CWT) – Equities researchers at Huntington Sec issued their FY2026 earnings per share estimates for California Water Service Group in a report released on Friday, October 30th. Huntington Sec analyst M. Gaugler forecasts that the utilities provider will post earnings per share of $2.40 for the year. The consensus estimate for California Water Service Group’s current full-year earnings is $2.57 per share. Huntington Sec also issued estimates for California Water Service Group’s Q4 2026 earnings at $0.36 EPS, Q1 2027 earnings at $0.17 EPS, Q2 2027 earnings at $0.90 EPS, Q3 2027 earnings at $1.19 EPS, Q4 2027 earnings at $0.42 EPS, FY2027 earnings at $2.67 EPS, Q1 2028 earnings at $0.15 EPS, Q2 2028 earnings at $0.94 EPS, Q3 2028 earnings at $1.30 EPS and FY2028 earnings at $2.83 EPS.

California Water Service Group (NYSE:CWT) last issued its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.11). California Water Service Group had a return on equity of 7.75% and a net margin of 12.78%. The company had revenue of $332.17 million for the quarter, compared to analysts’ expectations of $332.17 million. During the same quarter last year, the company earned $1.03 EPS. California Water Service Group’s revenue for the quarter was up 6.7% compared to the same quarter last year.

A number of other equities analysts also recently commented on the company. Seaport Research Partners reissued a “buy” rating and set a $53.00 price objective on shares of California Water Service Group in a research report on Wednesday, August 12th. Freedom Broker raised shares of California Water Service Group from a “hold” rating to a “buy” rating and raised their target price for the company from $49.00 to $53.00 in a report on Thursday, October 29th. 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. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of California Water Service Group in a report on Monday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $53.50.

California Water Service Group Price Performance

CWT stock opened at $49.07 on Wednesday. The business’s 50-day moving average is $47.54 and its two-hundred day moving average is $46.70. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.71 and a quick ratio of 0.68. The firm has a market capitalization of $3.09 billion, a P/E ratio of 21.91, a P/E/G ratio of 1.75 and a beta of 0.47. California Water Service Group has a 1 year low of $41.29 and a 1 year high of $53.82.

Hedge Funds Weigh In On California Water Service Group

Hedge funds have recently added to or reduced their stakes in the stock. Hohimer Wealth Management LLC lifted its position in shares of California Water Service Group by 6.3% during the 3rd quarter. Hohimer Wealth Management LLC now owns 4,901 shares of the utilities provider’s stock worth $227,000 after buying an additional 291 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of California Water Service Group by 5.3% in the 3rd quarter. Brighton Jones LLC now owns 5,263 shares of the utilities provider’s stock valued at $244,000 after buying an additional 266 shares in the last quarter. Candriam S.C.A. purchased a new position in shares of California Water Service Group in the 3rd quarter valued at $1,765,000. Ethic Inc. grew its position in shares of California Water Service Group by 146.4% in the 3rd quarter. Ethic Inc. now owns 31,408 shares of the utilities provider’s stock valued at $1,453,000 after buying an additional 18,659 shares during the last quarter. Finally, StoneX Group Inc. acquired a new stake in California Water Service Group during the 3rd quarter worth $219,000. 82.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Thomas Krummel sold 3,700 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $50.37, for a total transaction of $186,369.00. Following the completion of the transaction, the director directly owned 20,104 shares of the company’s stock, valued at approximately $1,012,638.48. This represents a 15.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lester Snow sold 500 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $50.21, for a total value of $25,105.00. Following the completion of the transaction, the director owned 17,817 shares in the company, valued at approximately $894,591.57. The trade was a 2.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.78% of the company’s stock.

California Water Service Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Monday, November 9th will be issued a dividend of $0.3350 per share. This represents a $1.34 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, November 9th. California Water Service Group’s payout ratio is 59.82%.

Key Stories Impacting California Water Service Group

Here are the key news stories impacting California Water Service Group this week:

• Positive Sentiment: Huntington forecasts EPS of $2.67 in 2027 and $2.83 in 2028, pointing to expected year-over-year earnings growth.
• Negative Sentiment: Its 2026 EPS estimate of $2.40 is below the cited consensus of $2.57. Huntington also forecasts $0.36 EPS for Q4 2026, which may weigh on near-term expectations.

About California Water Service Group

California Water Service Group (NYSE:CWT) is a holding company that provides water utility services through its regulated operating subsidiaries. The company supplies clean water for residential, commercial, industrial and institutional customers, and its operations include the production, treatment, storage, distribution and delivery of water. Some of its subsidiaries also provide wastewater collection and treatment services.

The company’s principal subsidiary, California Water Service Company, serves communities throughout California.