Consolidated Water (CWCO) Expected to Announce Quarterly Earnings on Wednesday

Consolidated Water (NASDAQ:CWCOGet Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, March 26th. Analysts expect Consolidated Water to post earnings of $0.28 per share and revenue of $33.60 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Consolidated Water Stock Performance

CWCO opened at $23.77 on Tuesday. The firm has a market capitalization of $377.35 million, a PE ratio of 14.67, a PEG ratio of 2.44 and a beta of 0.19. Consolidated Water has a 52-week low of $23.55 and a 52-week high of $33.34. The business’s 50-day simple moving average is $26.97 and its 200 day simple moving average is $26.02.

Consolidated Water Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.11 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.44 dividend on an annualized basis and a yield of 1.85%. Consolidated Water’s payout ratio is 27.16%.

Insider Activity

In other news, CEO Frederick W. Mctaggart sold 2,000 shares of Consolidated Water stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total transaction of $56,000.00. Following the completion of the transaction, the chief executive officer now directly owns 271,995 shares in the company, valued at approximately $7,615,860. The trade was a 0.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.87% of the company’s stock.

Consolidated Water Company Profile

(Get Free Report)

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.

See Also

Earnings History for Consolidated Water (NASDAQ:CWCO)

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