Headlines about Connecticut Water Service (NASDAQ:CTWS) have trended somewhat negative recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Connecticut Water Service earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 45.9090102893818 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several brokerages have recently commented on CTWS. BidaskClub lowered Connecticut Water Service from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Barclays lifted their target price on Connecticut Water Service from $53.00 to $57.00 and gave the stock an “equal weight” rating in a research report on Friday, September 22nd. Finally, Zacks Investment Research lowered Connecticut Water Service from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th.
Connecticut Water Service (CTWS) opened at $57.41 on Tuesday. Connecticut Water Service has a 12-month low of $50.75 and a 12-month high of $65.04. The stock has a market capitalization of $692.84, a P/E ratio of 27.87, a P/E/G ratio of 4.50 and a beta of 0.09. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.14 and a current ratio of 1.18.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were given a dividend of $0.298 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $1.19 dividend on an annualized basis and a yield of 2.08%. Connecticut Water Service’s dividend payout ratio is currently 57.77%.
Connecticut Water Service Company Profile
Connecticut Water Service, Inc is a non-operating holding company. The Company’s income is derived from the earnings of its subsidiary companies, including The Connecticut Water Company (Connecticut Water), The Maine Water Company (Maine Water), New England Water Utility Services, Inc (NEWUS),The Avon Water Company (AWC) and Chester Realty Company (Chester Realty).
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