Consolidated Water Co. Ltd. to Post Q3 2024 Earnings of $0.26 Per Share, Roth Capital Forecasts (NASDAQ:CWCO)

Consolidated Water Co. Ltd. (NASDAQ:CWCOFree Report) – Stock analysts at Roth Capital issued their Q3 2024 earnings estimates for shares of Consolidated Water in a note issued to investors on Tuesday, April 2nd. Roth Capital analyst G. Sweeney anticipates that the utilities provider will post earnings per share of $0.26 for the quarter. The consensus estimate for Consolidated Water’s current full-year earnings is $1.26 per share. Roth Capital also issued estimates for Consolidated Water’s Q4 2024 earnings at $0.25 EPS and FY2024 earnings at $1.15 EPS.

Separately, StockNews.com raised shares of Consolidated Water from a “hold” rating to a “buy” rating in a research report on Wednesday.

Read Our Latest Research Report on CWCO

Consolidated Water Price Performance

Shares of Consolidated Water stock opened at $26.52 on Thursday. Consolidated Water has a 1 year low of $16.18 and a 1 year high of $38.29. The company’s fifty day moving average is $29.64 and its two-hundred day moving average is $31.62.

Consolidated Water Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 1st will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, March 28th.

Institutional Trading of Consolidated Water

Hedge funds and other institutional investors have recently made changes to their positions in the company. Thompson Siegel & Walmsley LLC acquired a new position in shares of Consolidated Water in the third quarter valued at approximately $29,000. Ameritas Investment Partners Inc. acquired a new position in Consolidated Water during the second quarter worth approximately $30,000. Creekmur Asset Management LLC acquired a new position in Consolidated Water during the fourth quarter worth approximately $45,000. Money Concepts Capital Corp acquired a new position in Consolidated Water during the fourth quarter worth approximately $28,000. Finally, AdvisorNet Financial Inc acquired a new position in Consolidated Water during the fourth quarter worth approximately $71,000. Hedge funds and other institutional investors own 55.16% of the company’s stock.

About Consolidated Water

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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.

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Earnings History and Estimates for Consolidated Water (NASDAQ:CWCO)

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