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California American Water and Assemblywoman Krell Partner to Support Benito Juarez Foundation in Combating Food Insecurity During the Holiday Season
Businesswire· 2025-11-21 15:45
Nov 21, 2025 10:45 AM Eastern Standard Time California American Water and Assemblywoman Krell Partner to Support Benito Juarez Foundation in Combating Food Insecurity During the Holiday Season Share SACRAMENTO, Calif.--(BUSINESS WIRE)--California American Water is proud to continue its commitment to community support through Operation Gobble, a seasonal initiative aimed at addressing food insecurity across California. This week, California American Water representatives joined Assemblywoman Maggy Krell to p ...
Pennsylvania American Water Completes Acquisition of the Corner Water Supply and Service Corporation Water System
Businesswire· 2025-11-20 21:58
Nov 20, 2025 4:58 PM Eastern Standard Time "Many of the former Corner Water customers know Pennsylvania American Water as their trusted wastewater service provider, and now we're excited to have the opportunity to welcome them as new water customers as well,†said Pennsylvania American Water President Justin Ladner. "Soon, we'll connect these customers to our Clarion system, delivering the benefits of regionalization and improved reliability. Our goal is safe, clean, reliable and affordable water backed by d ...
Hawaii Water Service Proposes First Rate Adjustment for Kapalua since 2021; Reflects Investments Made to Help Improve Reliability and Maintain Safe Utility Service
Globenewswire· 2025-11-20 21:15
WAIKOLOA, Hawaii, Nov. 20, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) has filed a request with the Hawaii Public Utilities Commission (PUC) to increase water and sewer rates in its Kapalua water and wastewater systems for the first time since acquiring the systems in 2021. The request seeks to increase revenues by $2.2 million to recover increases in purchased water costs, higher operating expenses, and the cost of completed capital inv ...
Artesian Water Company Announces Credit to Delaware Customers With Proceeds From PFAS Settlement Agreement
Globenewswire· 2025-11-19 21:00
NEWARK, Del., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced that its principal operating subsidiary, Artesian Water Company, Inc. (“Artesian”), received approval from the Delaware Public Service Commission, and support from the Delaware Public Advocate, to return to its customers proceeds from a national class action settlement addressing PFAS contaminatio ...
California American Water and Assemblywoman Soria Partner to Support Madera County Food Bank
Businesswire· 2025-11-13 20:00
Nov 13, 2025 3:00 PM Eastern Standard Time California American Water and Assemblywoman Soria Partner to Support Madera County Food Bank Share MADERA. Calif.--(BUSINESS WIRE)--California American Water, in partnership with Assemblywoman Esmeralda Soria, presented a $2.500 donation to the Madera County Food Bank as part of the annual Operation Gobble campaign. Operation Gobble is a longstanding charitable initiative that brings together water utilities and elected officials to support nonprofit organizations ...
American Water Works Stock Outlook: Is Wall Street Bullish or Bearish?
Yahoo Finance· 2025-11-13 13:14
Company Overview - American Water Works Company, Inc. (AWK) is headquartered in Camden, New Jersey, providing water and wastewater services to approximately 1,700 communities across 14 states, serving around 3.5 million active customers. The company has a market capitalization of $25.3 billion and operates an extensive infrastructure including wastewater treatment plants, pipelines, wells, dams, and storage facilities [1]. Stock Performance - AWK shares have underperformed the broader market over the past year, declining by 2%, while the S&P 500 Index has increased by nearly 14.5%. Year-to-date, AWK stock is up 4.2%, compared to a 16.5% rise in the S&P 500 [2]. - Compared to the Global X Clean Water ETF (AQWA), which gained about 8.9% over the past year and 16.4% year-to-date, AWK's performance has been less favorable [3]. Q3 Financial Results - On October 29, AWK reported its Q3 results, with an EPS of $1.94, surpassing Wall Street expectations of $1.90. The company's revenue reached $1.5 billion, exceeding forecasts of $1.3 billion [4]. Earnings Expectations - For the current fiscal year ending in December, analysts expect AWK's EPS to grow by 6.3% to $5.73 on a diluted basis. The company's earnings surprise history is mixed, having beaten consensus estimates in three of the last four quarters while missing once [5]. Analyst Ratings - Among the 15 analysts covering AWK stock, the consensus rating is a "Hold," consisting of three "Strong Buy" ratings, ten "Holds," one "Moderate Sell," and one "Strong Sell" [5]. - The analyst outlook has improved slightly, with two analysts suggesting a "Moderate Sell" a month ago. On November 5, Jefferies Financial Group upgraded AWK to a "Hold" rating with a price target of $124. The mean price target of $143.91 indicates a 10.9% premium to current price levels, while the highest price target of $160 suggests an upside potential of 23.3% [6].
Pure Cycle Announces Financial Results For the Year Ended August 31, 2025
Globenewswire· 2025-11-12 21:01
DENVER, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ Capital Market: PCYO) announced its financial results for the year ended August 31, 2025. Pure Cycle reported $13.1 million of net income for the year ended August 31, 2025, which is a 13% increase in net income from 2024 and marks our eighth consecutive year and twenty-fifth consecutive fiscal quarter with positive net income. Pure Cycle reported $0.54 of earnings per fully diluted common share, which is up from $0.48 in 2024, a 12.5% ...
Baird Trims Price Target on California Water Service (CWT), Keeps Outperform Rating
Yahoo Finance· 2025-11-12 02:21
Core Insights - California Water Service Group (CWT) is recognized as one of the overlooked dividend stocks to consider for investment [1] - Baird has reduced its price target for CWT from $60 to $55 while maintaining an Outperform rating following the company's third-quarter results [2] - The third-quarter revenue for CWT was $311.2 million, a 4% increase year-over-year, but it fell short of analysts' expectations by over $10 million [3] Financial Performance - CWT reported a net income of $61.2 million for the third quarter, with diluted earnings per share remaining at $1.03, consistent with the previous year [3] - The company invested over $135 million in water system infrastructure during the quarter, representing a 14.8% increase from the same period last year [4] - CWT announced its 323rd consecutive quarterly dividend of $0.30 per share, continuing a 58-year streak of annual dividend increases, with a compound annual growth rate of 7.7% over the past five years [4] Future Outlook - Management indicated that if the proposed 2024 California General Rate Case and infrastructure improvement plan are approved, the regulated rate base could grow at an annualized rate of nearly 12% [5] - CWT operates as a regulated provider of water and wastewater services throughout California [5]
15 Overlooked Dividend Stocks to Buy Right Now
Insider Monkey· 2025-11-11 21:50
Core Insights - The article discusses overlooked dividend-paying stocks that present strong investment opportunities, emphasizing the historical performance of dividends in generating total returns across various market conditions [1][4]. Dividend Performance - Dividend-paying stocks have historically contributed nearly half (49.3%) of the broader market's total return since 1871, with the remainder coming from price appreciation [4]. - From May 1971 to February 2025, the S&P 500 delivered an average annual return of 118.6%, while reinvested dividends provided a return of 195.3%, highlighting the power of compounding [2]. Investment Methodology - The selection process focused on dividend-paying companies with a market capitalization above $2 billion that have raised their dividends for at least ten consecutive years, identifying firms with steady dividend policies and consistent shareholder returns [6]. Company Highlights - **California Water Service Group (NYSE:CWT)**: - Reported Q3 2025 revenue of $311.2 million, a 4% year-over-year increase, but fell short of analyst projections by over $10 million [11]. - Announced its 323rd consecutive quarterly dividend of $0.30 per share, extending a 58-year streak of annual dividend increases, with a compound annual growth rate of 7.7% over the past five years [12]. - Management indicated potential for a nearly 12% annualized growth in the regulated rate base if the proposed 2024 GRC and infrastructure improvement plan is approved [13]. - **Avista Corporation (NYSE:AVA)**: - Reported Q3 2025 revenues of $403 million, a 2.35% increase from the previous year, but missed analyst expectations by $14.7 million [15]. - Plans to issue approximately $120 million in long-term debt and up to $80 million in common stock in 2026 [15]. - CFO highlighted $363 million in capital expenditures for the first three quarters of the year, with total spending expected to reach $525 million for 2025 [16]. - **Exponent, Inc. (NASDAQ:EXPO)**: - Reported Q3 2025 total revenue of $147.1 million, an 8% increase, with revenue before reimbursements rising 10% to $137.1 million [21]. - Strong performance driven by growth in dispute-related work across various sectors, including energy and life sciences [20]. - The company is positioned to leverage opportunities from artificial intelligence while managing risks associated with technological changes [19].
Middlesex Water Company to Present at Baird Global Industrial Conference
Globenewswire· 2025-11-06 21:05
ISELIN, N.J., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex”) (NASDAQ: MSEX) today announced that Senior Vice President, Chief Financial Officer and Treasurer Rally Zerhouni will present at the Baird 2025 Global Industrial Conference in Chicago on Wednesday, November 12, 2025, at 10:50 a.m. CT (11:50 a.m. ET). About Middlesex Water Company Middlesex Water Company is one of the nation’s premier investor-owned water and wastewater utilities. Established in 1897, Middlesex is a trusted ...