Connecticut Water Service (CTWS)
Connecticut Water Service Beneish M-Score
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About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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CTWS News
Connecticut Water Completes Sale of 178 Acres of Open Space Land to the Town of Plymouth, Connecticut
May 15, 4:44PM GlobeNewswire
May 15, 4:44PM GlobeNewswire
Connecticut Water Service (CTWS) Declares $0.2375 Quarterly Dividend; 3.4% Yield
May 11, 11:21AM Street Insider
May 11, 11:21AM Street Insider
Connecticut Water Service, Inc. Elects Directors and Declares Dividends
May 11, 11:20AM GlobeNewswire
May 11, 11:20AM GlobeNewswire
$CTWS filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/357d
about 63 days ago by MarketBrief
about 63 days ago by MarketBrief
Connecticut Water Service, Inc. Reports 2011 and Fourth Quarter Earnings
Mar 13, 9:09AM GlobeNewswire
Mar 13, 9:09AM GlobeNewswire
Top 4 Small-Cap Stocks In The Water Utilities Industry With The Highest Profit Margin
Mar 05, 4:57AM Benzinga
Mar 05, 4:57AM Benzinga
Connecticut Water Service, Inc. (CTWS) Declares $0.2375 Quarterly Dividend; 3.2% Yield
Jan 27, 10:43AM Street Insider
Jan 27, 10:43AM Street Insider
Connecticut Water President and CEO to Present at New York Water Conference on December 1, 2011
Nov 29, 12:38PM GlobeNewswire
Nov 29, 12:38PM GlobeNewswire
Maine PUC approves acquisition of Aqua Maine by Connecticut Water Service
Nov 22, 12:09PM FlyOnTheWall
Nov 22, 12:09PM FlyOnTheWall
Maine PUC Approves Acquisition of Aqua Maine, Inc. by Connecticut Water Service, Inc.
Nov 22, 12:08PM GlobeNewswire
Nov 22, 12:08PM GlobeNewswire
Connecticut Water Service, Inc. (CTWS) Declares $0.2375 Quarterly Dividend; 3.5% Yield
Nov 18, 9:28AM Street Insider
Nov 18, 9:28AM Street Insider
Connecticut Water Service, Inc. Declares Dividends and Approves 2012 Capital Spending Plan
Nov 18, 9:25AM GlobeNewswire
Nov 18, 9:25AM GlobeNewswire
Connecticut Water Raises Dividend for 42nd Straight Year: http://stk.ly/nb3BlQ / $CTWS yields 3.55%, tied for 31st longest div growth streak
about 297 days ago by DynamicDividend
about 297 days ago by DynamicDividend
3 companies launched active dividend streaks in 1970 alongside Fuller $FUL -- Black Hills Corp $BKH Conn Water Service $CTWS and SYSCO $SYY
about 410 days ago by DynamicDividend
about 410 days ago by DynamicDividend
On the flip side here are some names with a lot of debt but small relative revenues: $CTWS
about 1191 days ago by TradeIdeas1
about 1191 days ago by TradeIdeas1
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CTWS | 27.65 | -0.09 | -0.32% | 243.04M |
| CTSH | 60.00 | -0.11 | -0.18% | 18.20B |
| CTS | 9.37 | -0.08 | -0.85% | 320.45M |
| CTRP | 18.36 | -0.18 | -0.97% | 2.635B |
| CTRN | 14.11 | -0.19 | -1.33% | 210.94M |
| CSPI | 4.45 | +0.02 | +0.45% | 15.53M |
| CSP | 6.94 | +0.01 | +0.14% | |
| CSOD | 19.86 | -0.29 | -1.44% | 981.28M |
| CSL | 54.23 | -0.65 | -1.18% | 3.384B |
| CSKI | 1.10 | +0.00 | +0.00% | 18.63M |
