California Water Service

CWT

Market cap $2.69B

California Water Service agrees to acquire Nexus Water's NV and OR systems for $218M, adds 36,000 connections and expands its western U.S. footprint amid industry consolidation.

California Water Service Group (CWT) Q4 2025 Earnings Call Transcript

CWT Q4 earnings miss estimates as revenues slip and expenses rise, even as the company boosts dividends and ramps up infrastructure spending.

SAN JOSE, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, announced today that it has reached an agreement to purchase Nexus Water Group's Nevada and Oregon water and wastewater systems, adding approximately 36,000 equivalent residential connections and a combined rate base of approximately $109 million at December 31, 2025.

SAN JOSE, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported solid Q4 and year-end 2025 results and provided an update on the Proposed Decision in its 2024 California General Rate Case (2024 CA GRC).

Group donates nearly $1.9 million to organizations supporting at-risk youth, disadvantaged communities to first responders to veterans, healthcare, & more.

Water utilities like AWK, CWCO, AWR and CWT are poised to benefit from their strong customer base and systematic investments that enable them to serve customers efficiently throughout the year.

SAN JOSE, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Students living in California Water Service Group's (Group) (NYSE: CWT) California, Hawaii, New Mexico, and Washington service areas can now apply for the company's 13th annual Scholarship Program.

Dividend Kings remain broadly overvalued, with only a handful approaching fair price despite elevated yields. Three Dividend Kings—Canadian Utilities, Fortis, and Hormel—currently meet the dogcatcher 'ideal' but face dividend safety concerns due to negative free cash flow margins. Analyst projections estimate 14.16% to 27.77% net gains for top-yielding Dividend Kings by February 2027, with ABBV and NWN ranking in the top 20 across yield, target, and returns.

SAN JOSE, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 full-year and fourth-quarter earnings results will be released after market-close on Wednesday, February 25, 2026, and its earnings conference call will be held at 11:00 a.m. ET on Thursday, February 26, 2026.