Research Analysts Offer Predictions for CWCO FY2025 Earnings

Consolidated Water Co. Ltd. (NASDAQ:CWCO) – Zacks Research decreased their FY2025 earnings per share estimates for Consolidated Water in a report released on Tuesday, June 10th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings per share of $0.89 for the year, down from their previous estimate of $0.91. The consensus estimate for Consolidated Water’s current full-year earnings is $1.27 per share.

Separately, Wall Street Zen upgraded Consolidated Water from a “sell” rating to a “hold” rating in a research report on Thursday, May 22nd.

Consolidated Water Price Performance

Shares of CWCO opened at $28.18 on Friday. Consolidated Water has a 1 year low of $22.69 and a 1 year high of $29.88. The company has a market capitalization of $448.54 million, a price-to-earnings ratio of 17.40, a price-to-earnings-growth ratio of 2.44 and a beta of 0.45. The business has a 50-day moving average of $25.19 and a 200-day moving average of $25.89.

Consolidated Water (NASDAQ:CWCO) last issued its quarterly earnings data on Monday, May 12th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. Consolidated Water had a return on equity of 12.98% and a net margin of 23.06%. The company had revenue of $33.72 million during the quarter, compared to the consensus estimate of $32.30 million.

Institutional Investors Weigh In On Consolidated Water

Hedge funds and other institutional investors have recently modified their holdings of the company. TSP Capital Management Group LLC boosted its position in shares of Consolidated Water by 1.5% during the fourth quarter. TSP Capital Management Group LLC now owns 479,175 shares of the utilities provider’s stock valued at $12,406,000 after buying an additional 7,075 shares during the last quarter. Allworth Financial LP boosted its position in shares of Consolidated Water by 643.4% during the fourth quarter. Allworth Financial LP now owns 2,349 shares of the utilities provider’s stock valued at $61,000 after buying an additional 2,033 shares during the last quarter. Illumine Investment Management LLC purchased a new position in shares of Consolidated Water during the fourth quarter valued at approximately $436,000. Quantbot Technologies LP boosted its position in shares of Consolidated Water by 1,538.3% during the fourth quarter. Quantbot Technologies LP now owns 3,981 shares of the utilities provider’s stock valued at $103,000 after buying an additional 3,738 shares during the last quarter. Finally, American Century Companies Inc. purchased a new position in shares of Consolidated Water during the fourth quarter valued at approximately $259,000. Institutional investors own 55.16% of the company’s stock.

Consolidated Water Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 1st will be issued a $0.14 dividend. This is an increase from Consolidated Water’s previous quarterly dividend of $0.11. This represents a $0.56 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Tuesday, July 1st. Consolidated Water’s payout ratio is presently 34.57%.

Consolidated Water Company Profile

Consolidated Water Co Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States. The company operates through four segments: Retail, Bulk, Services, and Manufacturing.