Consolidated Water (CWCO) Projected to Post Quarterly Earnings on Monday

Consolidated Water (NASDAQ:CWCO) is expected to be issuing its quarterly earnings data after the market closes on Monday, March 17th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $33.60 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Consolidated Water Price Performance

Shares of CWCO stock opened at $29.18 on Friday. The stock has a market cap of $462.07 million, a P/E ratio of 18.01, a price-to-earnings-growth ratio of 2.44 and a beta of 0.19. Consolidated Water has a one year low of $23.55 and a one year high of $33.34. The stock has a fifty day moving average price of $26.80 and a 200 day moving average price of $26.03.

Consolidated Water Dividend Announcement

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 given a $0.11 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $0.44 annualized dividend and a yield of 1.51%. Consolidated Water’s dividend payout ratio (DPR) is currently 27.16%.

Insider Buying and Selling

In related news, CEO Frederick W. Mctaggart sold 2,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $28.00, for a total value of $56,000.00. Following the completion of the transaction, the chief executive officer now directly owns 271,995 shares of the company’s stock, valued at $7,615,860. This trade represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 5.87% of the stock is owned by company insiders.

About Consolidated Water

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.