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

Consolidated Water (NASDAQ:CWCO) is expected to issue 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 Stock Performance

Shares of NASDAQ CWCO opened at $29.18 on Friday. The stock has a market cap of $462.07 million, a PE ratio of 18.01, a PEG ratio of 2.44 and a beta of 0.19. The business has a fifty day moving average of $26.80 and a two-hundred day moving average of $26.03. Consolidated Water has a 52-week low of $23.55 and a 52-week high of $33.34.

Consolidated Water Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders 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 dividend yield of 1.51%. Consolidated Water’s payout ratio is presently 27.16%.

Insider Buying and Selling at Consolidated Water

In other 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 sale, the chief executive officer now directly owns 271,995 shares in the company, valued at approximately $7,615,860. This trade represents a 0.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 5.87% of the company’s stock.

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.