for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Connecticut Water Service Inc

CTWS.OQ

Latest Trade

70.04USD

Change

0.02(+0.03%)

Volume

38,830

Today's Range

69.81

 - 

70.06

52 Week Range

62.82

 - 

70.49

As of on the NASDAQ ∙ Minimum 15 minute delay

Pricing

Previous Close
70.02
Open
69.81
Volume
38,830
3M AVG Volume
0.73
Today's High
70.06
Today's Low
69.81
52 Week High
70.49
52 Week Low
62.82
Shares Out (MIL)
12.07
Market Cap (MIL)
845.04
Forward P/E
29.42
Dividend (Yield %)
1.87

Latest Developments

More

Connecticut Water Service And Citizens Bank Entered Into First Modification Of Line Of Credit

Connecticut Water Service Q2 Earnings Per Share $0.48

Connecticut Water Service Increases Dividend On Common Shares By 4.8%

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Connecticut Water Service Inc

Connecticut Water Service, Inc. is a non-operating holding company. The Company's income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc. (NEWUS),The Avon Water Company (AWC) and Chester Realty Company (Chester Realty). It operates through three segments: Water Operations, Real Estate Transactions, and Services and Rentals. The Water Activities segment consists of its regulated water activities to supply public drinking water to customers. The Real Estate Transactions segment involves the sale or donation for income tax benefits of its real estate holdings. Services and Rentals segment provides contracted services to water and wastewater utilities and other clients, and also leases certain of the Company's properties to third parties through unregulated companies in the State of Connecticut and through Maine Water in the State of Maine.

Industry

Water Utilities

Contact Info

93 W Main St

+1.860.6698630

https://www.ctwater.com/

Executive Leadership

Carol P. Wallace

Independent Chairman of the board

David C. Benoit

President, Chief Executive Officer, Director

Robert Doffek

Chief Financial Officer, Controller, Treasurer

Kristen A. Johnson

Vice President of Human Resources, Corporate Secretary, Director

Craig J. Patla

Vice President - Service Delivery

Key Stats

3.33 mean rating - 3 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.1K

2017

0.1K

2018

0.1K

2019(E)

0.1K
EPS (USD)

2016

2.080

2017

2.260

2018

1.380

2019(E)

2.380
Price To Earnings (TTM)
--
Price To Sales (TTM)
7.11
Price To Book (MRQ)
2.86
Price To Cash Flow (TTM)
68.12
Total Debt To Equity (MRQ)
113.54
LT Debt To Equity (MRQ)
86.92
Return on Investment (TTM)
-0.85
Return on Equity (TTM)
-0.78

Latest News

CalWater ends SJW pursuit, clearing way for Connecticut Water deal

California Water Service Group <CWT.N> ended its pursuit of SJW Group <SJW.N> on Friday, clearing the way for SJW's chief executive to move ahead with the $1.1 billion acquisition of a Connecticut-based water utility that he ran until last year.

SJW Group CEO says utility rejects CalWater's $1.45 bln takeover bid

SJW Group has rejected the latest takeover offer from California Water Service Group , SJW's chief executive officer told Reuters on Friday, as it remains focused on completing its acquisition of Connecticut Water Service Inc.

California Water raises offer to buy SJW Group

California Water Service Group <CWT.N> said on Monday it raised an all-cash offer to buy SJW Group <SJW.N> by nearly 3 percent, the latest attempt to woo its fellow California utility out of a proposed tie-up with Connecticut Water Service Inc <CTWS.O>.

SJW Group makes $1.1 billion all-cash offer for Connecticut Water

SJW Group <SJW.N> and Connecticut Water Service Inc <CTWS.O> said on Monday they were changing from a merger to an acquisition agreement, with SJW offering to buy the New England utility for $1.1 billion in cash instead of combining stock.

Connecticut Water rejects revised takeover offer from Eversource

Connecticut Water Service Inc rejected a revised takeover offer from Eversource Energy, according to regulatory filings from both companies on Friday, insisting it would consider abandoning its planned merger with another utility only for a much higher offer.

California utilities regulator tells SJW to seek merger approval

California's utilities regulator has told SJW Group <SJW.N> it must seek approval for its proposed merger with Connecticut Water Service Inc <CTWS.O>, according to a document provided by the regulator to Reuters, a move that creates a potentially significant impediment to...

BRIEF-Connecticut Water Service Inc Qtrly Loss Per Share $0.10

* CONNECTICUT WATER SERVICE INC QTRLY OPERATING REVENUES $24.85 MILLION VERSUS $22.46 MILLION Source text - (https://bit.ly/2I7L8uh) Further company coverage:

BRIEF-SJW Group And Connecticut Water File Applications For Approval Of Merger Of Equals

* SJW GROUP AND CONNECTICUT WATER FILE APPLICATIONS WITH CONNECTICUT PUBLIC UTILITIES REGULATORY AUTHORITY AND MAINE PUBLIC UTILITIES COMMISSION FOR APPROVAL OF MERGER OF EQUALS

BRIEF-Connecticut Water Service Says Issued Statement Regarding Commentary On Eversource Energy's Earnings Call

* CONNECTICUT WATER SERVICE INC - ISSUED STATEMENT REGARDING COMMENTARY ON EVERSOURCE ENERGY'S Q1 2018 EARNINGS CALL Source text for Eikon: Further company coverage:

BRIEF-SJW Group Comments On Cal Water’S Proxy Contest,Reaffirms Commitment To Merger With Connecticut Water

* SJW GROUP COMMENTS ON CAL WATER’S PROXY CONTEST AND REAFFIRMS COMMITMENT TO MERGER OF EQUALS WITH CONNECTICUT WATER

BRIEF-California Water Service To Urge SJW Stockholders To Vote Against Proposed Merger With Connecticut Water

* CALIFORNIA WATER SERVICE GROUP FILES PRELIMINARY PROXY MATERIALS TO URGE SJW GROUP’S STOCKHOLDERS TO VOTE AGAINST PROPOSED MERGER WITH CONNECTICUT WATER Source text for Eikon: Further company coverage:

BRIEF-SJW Group, Connecticut Water Announce Early Termination Of Hart-Scott-Rodino Waiting Period For Merger Of Equals

* SJW GROUP AND CONNECTICUT WATER ANNOUNCE EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD FOR MERGER OF EQUALS

BRIEF-Eversource Energy Urges Connecticut Water Service Shareholders To Vote "Against" SJW Group Merger Proposal

* EVERSOURCE ENERGY - FILED PRELIMINARY PROXY TO URGE CONNECTICUT WATER SERVICE SHAREHOLDERS TO VOTE "AGAINST" SJW GROUP MERGER PROPOSAL, OTHERS Source text for Eikon: Further company coverage:

BRIEF-Connecticut Water Service Says Merger Agreement With SJW Group Remains In Place

* CONNECTICUT WATER SERVICE-MERGER AGREEMENT WITH SJW GROUP REMAINS IN PLACE, AND BOTH COMPANIES’ BOARDS ARE COMMITTED TO COMPLETING MERGER - SEC FILING Source text : ( https://bit.ly/2HZSn8g ) Further company coverage:

Connecticut Water rejects $748 million Eversource bid to disrupt deal with SJW

Connecticut Water Service Inc <CTWS.O> said on Thursday it had rejected a $748 million takeover bid by Eversource Energy <ES.N>, New England's largest power utility, aimed at disrupting its merger with SJW Group <SJW.N> agreed in March.

BRIEF-Eversource Energy Discloses Proposal To Acquire Connecticut Water Service For $63.50 Per Share

* EVERSOURCE ENERGY DISCLOSES PROPOSAL TO ACQUIRE CONNECTICUT WATER SERVICE, INC. FOR $63.50 PER SHARE

Eversource bids $748 mln for Connecticut Water, rivaling SJW -source

Eversource Energy, New England's largest power utility, has made a $748 million offer to acquire Connecticut Water Service Inc, seeking to disrupt a merger the latter agreed last month with SJW Group, a person familiar with the matter said on Thursday.

SJW, Connecticut Water plan merger to create $1.9 billion utility

SJW Group <SJW.N> and Connecticut Water Service, Inc. <CTWS.O> plan to merge, they said on Thursday, which would create the third-largest investor-owned water and wastewater utility in the United States.

BRIEF-Connecticut Water Service - Under Deal Termination Under Specified Circumstances Co To Be Required To Pay SJW Group Cash Termination Fee Of $28.1 Mln

* CONNECTICUT WATER SERVICE - UNDER DEAL TERMINATION UNDER SPECIFIED CIRCUMSTANCES CO TO BE REQUIRED TO PAY SJW GROUP CASH TERMINATION FEE OF $28.1 MILLION

BRIEF-Connecticut Water Service Names David Benoit CEO

* CONNECTICUT WATER SERVICE INC. NAMES DAVID C. BENOIT PRESIDENT AND CEO AND ROBERT J. DOFFEK CHIEF FINANCIAL OFFICER, TREASURER AND CONTROLLER

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up