Zacks Research Issues Negative Forecast for CWCO Earnings

Consolidated Water Co. Ltd. (NASDAQ:CWCO) – Stock analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for Consolidated Water in a research report issued to clients and investors on Tuesday, January 20th. Zacks Research analyst Team now expects that the utilities provider will post earnings per share of $0.42 for the quarter, down from their prior forecast of $0.43. The consensus estimate for Consolidated Water’s current full-year earnings is $1.27 per share. Zacks Research also issued estimates for Consolidated Water’s Q4 2027 earnings at $0.40 EPS.

Consolidated Water (NASDAQ:CWCO) last issued its quarterly earnings results on Monday, November 10th. The utilities provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.24 by $0.10. Consolidated Water had a net margin of 12.90% and a return on equity of 7.95%. The company had revenue of $35.12 million during the quarter, compared to analysts’ expectations of $32.90 million.

Several other equities analysts have also issued reports on the stock. Wall Street Zen raised shares of Consolidated Water from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Weiss Ratings raised Consolidated Water from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $40.00.

Consolidated Water Price Performance

Shares of NASDAQ:CWCO opened at $36.85 on Thursday. The firm’s 50 day simple moving average is $35.33 and its 200 day simple moving average is $33.73. Consolidated Water has a fifty-two week low of $22.69 and a fifty-two week high of $38.36. The company has a market capitalization of $587.02 million, a price-to-earnings ratio of 37.99 and a beta of 0.48.

Consolidated Water Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 2nd will be issued a $0.14 dividend. The ex-dividend date is Friday, January 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.5%. Consolidated Water’s dividend payout ratio (DPR) is 57.73%.

Insiders Place Their Bets

In related news, CEO Frederick W. Mctaggart sold 1,848 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $35.76, for a total value of $66,084.48. Following the completion of the transaction, the chief executive officer owned 287,310 shares of the company’s stock, valued at approximately $10,274,205.60. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Wilmer F. Pergande sold 4,299 shares of Consolidated Water stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $33.75, for a total transaction of $145,091.25. Following the completion of the sale, the director owned 31,884 shares in the company, valued at $1,076,085. The trade was a 11.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 7,200 shares of company stock worth $246,978. 6.25% of the stock is currently owned by insiders.

Institutional Trading of Consolidated Water

Several institutional investors and hedge funds have recently bought and sold shares of CWCO. JPMorgan Chase & Co. boosted its position in Consolidated Water by 18.9% during the second quarter. JPMorgan Chase & Co. now owns 637,378 shares of the utilities provider’s stock valued at $19,134,000 after purchasing an additional 101,434 shares during the last quarter. TrueMark Investments LLC bought a new stake in shares of Consolidated Water during the 2nd quarter worth approximately $1,490,000. ArrowMark Colorado Holdings LLC boosted its holdings in shares of Consolidated Water by 23.1% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 262,000 shares of the utilities provider’s stock valued at $9,243,000 after buying an additional 49,163 shares during the last quarter. Principal Financial Group Inc. bought a new position in shares of Consolidated Water in the third quarter valued at $1,690,000. Finally, Renaissance Group LLC acquired a new position in Consolidated Water during the third quarter worth $1,148,000. Institutional investors own 55.16% of the company’s stock.

About Consolidated Water

Consolidated Water Co Ltd. is a developer, operator and manufacturer of water treatment and desalination systems. The company designs, engineers, builds and operates reverse-osmosis desalination plants and water treatment facilities, offering both turnkey project delivery and ongoing operations and maintenance services. Its product portfolio includes modular desalination units, water distribution systems, filtration membranes and associated equipment for potable water production.

Consolidated Water serves municipalities, resorts, commercial enterprises and private customers in the Caribbean and the southeastern United States.