Consolidated Water(CWCO)

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Consolidated Water to Attend the 37th Annual ROTH Conference, March 17-18, 2025
Globenewswire· 2025-03-03 13:00
Core Insights - Consolidated Water Co. Ltd. has been invited to the 37th Annual ROTH Conference in Dana Point, California, scheduled for March 16-18, 2025 [1] - The conference will include on-demand presentations, one-on-one meetings, industry panels, and fireside chats, attracting over 5,000 participants from various investment backgrounds [2] - CEO Rick McTaggart and EVP/COO Ramjeet Jerrybandan will engage in one-on-one meetings to discuss the company's operating results and growth drivers across its four business segments [3] - The company has increased its quarterly cash dividend by 15.8% to $0.11 per share starting in Q4 2024 [4] Company Overview - Consolidated Water Co. Ltd. specializes in developing and operating advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [6] - The company has recently entered the U.S. desalination market with a contract for a seawater desalination plant in Hawaii [6] - In addition to desalination, the company manufactures and services a variety of products and provides design, engineering, and management services for water production, supply, and treatment [7]
Has Consolidated Water (CWCO) Outpaced Other Utilities Stocks This Year?
ZACKS· 2025-02-27 15:46
Group 1: Company Overview - Consolidated Water (CWCO) is a notable stock within the Utilities group, which consists of 104 companies [2] - CWCO currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Analysis - Over the past year, CWCO has gained approximately 6.4%, outperforming the average Utilities sector gain of 4.4% [4] - In comparison to its specific industry, Utility - Water Supply, which has an average gain of 7.5%, CWCO is slightly underperforming [6] Group 3: Industry Context - The Utilities group is ranked 8 within the Zacks Sector Rank, which includes 16 different groups [2] - The Utility - Water Supply industry, to which CWCO belongs, is currently ranked 74 in the Zacks Industry Rank [6]
Consolidated Water's Cayman Islands Water Utility Receives New Water Production and Supply Concession from Cayman Islands Government
GlobeNewswire News Room· 2025-02-24 13:31
GEORGE TOWN, Cayman Islands, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported that its wholly owned subsidiary, Cayman Water Company, has received its new concession from the Cayman Islands government that grants it the continued exclusive rights to produce and supply potable water within its existing service area on Grand Cayman, the largest island of the Cayman ...
Consolidated Water's Cayman Islands Water Utility Receives New Water Production and Supply Concession from Cayman Islands Government
Newsfilter· 2025-02-24 13:31
Core Insights - Consolidated Water Co. Ltd. has received a new concession from the Cayman Islands government, granting exclusive rights to produce and supply potable water in its service area on Grand Cayman [1][4] - Cayman Water Company operates three seawater reverse osmosis desalination plants, producing approximately 4 million gallons per day for local residences and businesses, with increased retail water sales attributed to business and population growth [2][5] - The regulatory framework in the Cayman Islands requires Cayman Water to secure a concession before obtaining or renewing its operating license, with negotiations for the new license expected to commence shortly [3][4] Company Overview - Consolidated Water Co. Ltd. specializes in developing and operating advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [5][6] - The company has recently entered the U.S. desalination market with a contract for a seawater desalination plant in Hawaii, expanding its operational footprint [5] Regulatory Context - The Cayman Islands enacted regulatory changes in 2018, necessitating that Cayman Water obtain a concession prior to securing an operating license, which will involve a restructuring of previous operating terms [3][4] - The existing operating license, granted in 1990, will remain effective until the new license is issued by the utility regulator, OfReg [4]
CWCO vs. GWRS: Which Stock Is the Better Value Option?
ZACKS· 2025-02-13 17:46
Investors interested in stocks from the Utility - Water Supply sector have probably already heard of Consolidated Water (CWCO) and Global Water Resources, Inc. (GWRS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks ...
Here's Why Consolidated Water (CWCO) Fell More Than Broader Market
ZACKS· 2025-02-13 00:01
Consolidated Water (CWCO) closed the most recent trading day at $26.43, moving -1.23% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.27%. Elsewhere, the Dow lost 0.51%, while the tech-heavy Nasdaq added 0.03%.Shares of the developer and operator of desalination plants witnessed a gain of 2.96% over the previous month, trailing the performance of the Utilities sector with its gain of 4.19% and the S&P 500's gain of 4.27%.The upcoming earnings release of C ...
Consolidated Water (CWCO) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-02-07 00:01
Group 1: Company Performance - Consolidated Water (CWCO) stock closed at $26.88, with a slight decrease of -0.15% compared to the previous day, underperforming the S&P 500's gain of 0.36% [1] - The stock has increased by 4.63% over the past month, outperforming the Utilities sector's gain of 0.92% and the S&P 500's gain of 2.11% [1] Group 2: Earnings and Analyst Estimates - Investors are anticipating the upcoming earnings disclosure for Consolidated Water, with a focus on any changes in analyst estimates that may indicate shifts in short-term business patterns [2] - Positive revisions in estimates are interpreted as favorable signs for the company's business outlook [2] Group 3: Zacks Rank and Valuation - Consolidated Water currently holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on estimate changes [4] - The company has a Forward P/E ratio of 19.23, which is in line with the industry average [5] - The PEG ratio for CWCO is 2.4, compared to the industry average of 2.53, suggesting a competitive valuation in terms of projected earnings growth [6] Group 4: Industry Context - The Utility - Water Supply industry, to which Consolidated Water belongs, has a Zacks Industry Rank of 62, placing it in the top 25% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
CWCO vs. AWK: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-01-28 17:46
Investors interested in Utility - Water Supply stocks are likely familiar with Consolidated Water (CWCO) and American Water Works (AWK) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highl ...
Consolidated Water Declares First Quarter Cash Dividend
GlobeNewswire News Room· 2024-11-25 13:31
GEORGE TOWN, Cayman Islands, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, today announced that its board of directors has approved a quarterly cash dividend of $0.11 per share for the first quarter of 2025. The cash dividend is payable on January 31, 2025 to shareholders of record at the close of business on January 2, 2025. About Consolidated Water Co. Ltd.Consolidat ...
Consolidated Water(CWCO) - 2024 Q3 - Earnings Call Transcript
2024-11-15 17:53
Consolidated Water Co. Ltd. (NASDAQ:CWCO) Q3 2024 Earnings Conference Call November 15, 2024 11:00 AM ET Company Participants Frederick McTaggart - CEO David Sasnett - CFO Conference Call Participants Gerard Sweeney - ROTH Capital Operator Good morning. Thank you for joining us today to discuss the results for Consolidated Water's Third Quarter of 2024. Hosting the call today is the Chief Executive Officer of Consolidated Water Company, Rick McTaggart; and the Company's Chief Financial Officer, David Sasnet ...