How have GWRS shares performed in 2024?

Global Water Resources' stock was trading at $13.08 on January 1st, 2024. Since then, GWRS shares have decreased by 7.3% and is now trading at $12.13. View the best growth stocks for 2024 here .

Are investors shorting Global Water Resources?

Global Water Resources saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 90,900 shares, a drop of 7.7% from the March 15th total of 98,500 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.8% of the shares of the stock are short sold. View Global Water Resources' Short Interest .

When is Global Water Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our GWRS earnings forecast .

How were Global Water Resources' earnings last quarter?

Global Water Resources, Inc. (NASDAQ:GWRS) issued its quarterly earnings results on Wednesday, March, 6th. The utilities provider reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The utilities provider had revenue of $12.37 million for the quarter, compared to analysts' expectations of $12 million. Global Water Resources had a net margin of 15.05% and a trailing twelve-month return on equity of 13.64%. During the same quarter last year, the firm posted $0.04 earnings per share.

How often does Global Water Resources pay dividends? What is the dividend yield for Global Water Resources?

Global Water Resources announced a monthly dividend on Thursday, March 28th. Investors of record on Tuesday, April 16th will be given a dividend of $0.025 per share on Tuesday, April 30th. This represents a $0.30 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Monday, April 15th. Read our dividend analysis for GWRS .

Is Global Water Resources a good dividend stock?

Global Water Resources (NASDAQ:GWRS) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.48%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GWRS will have a dividend payout ratio of 88.24% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for GWRS .

What ETF holds Global Water Resources' stock?

Invesco Water Resources ETF holds 29,901 shares of GWRS stock, representing 0.02% of its portfolio.

What is Trevor T. Hill's approval rating as Global Water Resources' CEO?

3 employees have rated Global Water Resources Chief Executive Officer Trevor T. Hill on Glassdoor.com . Trevor T. Hill has an approval rating of 37% among the company's employees. This puts Trevor T. Hill in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Global Water Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Global Water Resources investors own include Range Resources (RRC) , Williams Companies (WMB) , Callon Petroleum (CPE) , Coeur Mining (CDE) , Alerian MLP ETF (AMLP) , American Water Works (AWK) , Gilead Sciences (GILD) , Ambev (ABEV) , Ford Motor (F) and OFG Bancorp (OFG) .

When did Global Water Resources IPO?

Global Water Resources (GWRS) raised $8 million in an IPO on Thursday, April 28th 2016. The company issued 1,200,000 shares at $6.25 per share. Roth Capital Partners served as the underwriter for the IPO.

How do I buy shares of Global Water Resources?

Shares of GWRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:GWRS

Global Water Resources (GWRS) Stock Price, News & Analysis

→ Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad)

Free GWRS Stock Alerts

$12.13

+0.01 (+0.08%)

(As of 04/18/2024 ET)

Compare

Today's Range: $12.08
▼
$12.30
50-Day Range: $12.01
▼
$13.17
52-Week Range: $9.34
▼
$13.43

Volume: 18,581 shs
Average Volume: 25,748 shs
Market Capitalization: $293.18 million

P/E Ratio: 36.76
Dividend Yield: 2.47%
Price Target: N/A

Get Global Water Resources alerts:

Global Water Resources MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.80% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.59
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.68%
From $0.31 to $0.34 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Utilities Sector

46th out of 90 stocks

Water Supply Industry

9th out of 12 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Global Water Resources.

5.0

Short Interest

Percentage of Shares Shorted
0.80% of the float of Global Water Resources has been sold short.
Short Interest Ratio / Days to Cover
Global Water Resources has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Global Water Resources has recently decreased by 7.72%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Global Water Resources pays a meaningful dividend of 2.48%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Global Water Resources has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of Global Water Resources is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Global Water Resources will have a dividend payout ratio of 88.24% in the coming year. This indicates that Global Water Resources may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GWRS.

3.1

News and Social Media Coverage

News Sentiment
Global Water Resources has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Global Water Resources this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for GWRS on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
3 people have added Global Water Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Global Water Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.86% of the stock of Global Water Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 27.91% of the stock of Global Water Resources is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Global Water Resources are expected to grow by 9.68% in the coming year, from $0.31 to $0.34 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Global Water Resources is 36.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Global Water Resources is 36.76, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 76.06.
Price to Earnings Growth Ratio
Global Water Resources has a PEG Ratio of 2.61. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Global Water Resources has a P/B Ratio of 6.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Darwin

2024's Must-Have Guide: Master Crypto Investment Today

The cryptocurrency revolution is here with Bitcoin soaring past the $70,000 milestone—a clear indicator of the booming digital currency market. Are you prepared to navigate these exciting yet complex waters? Introducing "Navigating the Future: A Comprehensive Guide to Cryptocurrency Investments in 2024." This free digital guide is your essential resource for understanding and capitalizing on cryptocurrency investments, tailored for both newcomers and seasoned investors. (**By clicking the link you are subscribing to The Conservative Investor Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)

Click here to download your crypto report

About Global Water Resources Stock (NASDAQ:GWRS)

Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems primarily in metropolitan Phoenix and Tucson, Arizona. It serves approximately 82,000 people in approximately 32,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.

GWRS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GWRS Stock News Headlines

April 17, 2024 | finance.yahoo.com

Global Water Resources Sets First Quarter 2024 Conference Call for Thursday, May 9, 2024 at 1:00 p.m. ET

April 17, 2024 | globenewswire.com

Global Water Resources Sets First Quarter 2024 Conference Call for Thursday, May 9, 2024 at 1:00 p.m. ET

April 18, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

April 16, 2024 | morningstar.com

Global Water Resources Inc

April 13, 2024 | americanbankingnews.com

Global Water Resources (NASDAQ:GWRS) Stock Crosses Below 50-Day Moving Average of $12.60

March 28, 2024 | globenewswire.com

Global Water Resources Declares Monthly Dividend

March 8, 2024 | finance.yahoo.com

Q4 2023 Global Water Resources Inc Earnings Call

March 7, 2024 | finance.yahoo.com

Global Water Resources Inc (GWRS) Reports Strong Earnings Growth in Q4 and Full Year 2023

April 18, 2024 | WealthPress (Ad)

Chances are you know the firms on this list

These are the entities that can buy MILLIONS of shares in a single day… I’m talking about huge orders that literally move the share price 1%, 2%, even 5% or more in the process. Why am I showing you that list? Well, because if you have a way to successfully detect which stocks these elite traders are likely buying in real time… All you have to do is ride the coattails of their massive orders and you can target endless trading opportunities without leaving your money exposed to the markets for too long. And in case you didn’t already know…

March 7, 2024 | finanznachrichten.de

Global Water Resources, Inc.: Global Water Resources Reports Fourth Quarter and Full Year 2023 Results

March 7, 2024 | msn.com

Global Water Resources Q4 Earnings Gain Boost From New Connections: Details

March 6, 2024 | globenewswire.com

Global Water Resources Reports Fourth Quarter and Full Year 2023 Results

March 6, 2024 | msn.com

Global Water Resources Q4 2023 Earnings Preview

February 29, 2024 | investorplace.com

Foolproof Your Portfolio With These 3 Monthly Dividend Stocks

February 29, 2024 | globenewswire.com

Global Water Resources Declares Monthly Dividend

February 26, 2024 | globenewswire.com

Global Water Resources to Present at the 36th Annual ROTH Conference, March 17-19, 2024

February 15, 2024 | finance.yahoo.com

Global Water Resources Sets Fourth Quarter and Full Year 2023 Conference Call for Thursday, March 7, 2024 at 1:00 p.m. ET

February 15, 2024 | globenewswire.com

Global Water Resources Sets Fourth Quarter and Full Year 2023 Conference Call for Thursday, March 7, 2024 at 1:00 p.m. ET

February 2, 2024 | finance.yahoo.com

Global Water Resources, Inc. (GWRS)

January 31, 2024 | finance.yahoo.com

Global Water Resources Declares Monthly Dividend

January 3, 2024 | msn.com

What Makes Global Water Resources, Inc. (GWRS) a New Strong Buy Stock

December 16, 2023 | finance.yahoo.com

Investing in Water Sustainability: 3 Stocks Making Waves

December 5, 2023 | finance.yahoo.com

3 Reasons Why Growth Investors Shouldn't Overlook Global Water Resources, Inc. (GWRS)

December 5, 2023 | finance.yahoo.com

Global Water Resources to Present at the ROTH Deer Valley Event

December 5, 2023 | finance.yahoo.com

11 Best Water Stocks To Buy

November 30, 2023 | finance.yahoo.com

Global Water Resources Increases Dividend and Declares Monthly Dividend

November 17, 2023 | finance.yahoo.com

Is Global Water Resources, Inc. (GWRS) a Solid Growth Stock? 3 Reasons to Think "Yes"

See More Headlines

Receive GWRS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Global Water Resources and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 3/06/2024
Ex-Dividend for 3/28 Dividend: 3/13/2024
Dividend Payable: 3/28/2024
Ex-Dividend for 4/30 Dividend: 4/15/2024
Today: 4/18/2024
Dividend Payable: 4/30/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Utilities
Industry: Water supply
Sub-Industry: N/A
Current Symbol: NASDAQ:GWRS
CUSIP: N/A
CIK: 1434728
Web: www.gwresources.com
Phone: (480) 360-7775
Fax: 623-580-9659
Employees: 106
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.33
Trailing P/E Ratio: 36.91
Forward P/E Ratio: 39.29
P/E Growth: 2.61
Net Income: $7.98 million
Net Margins: 15.05%
Pretax Margin: 20.47%
Return on Equity: 13.64%
Return on Assets: 1.84%

Debt

Debt-to-Equity Ratio: 2.16
Current Ratio: 0.82
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: $53.03 million
Price / Sales: 5.55
Cash Flow: $0.75 per share
Price / Cash Flow: 16.26
Book Value: $2.01 per share
Price / Book: 6.06

Miscellaneous

Outstanding Shares: 24,170,000
Free Float: 10,913,000
Market Cap: $294.39 million
Optionable: Optionable
Beta: 0.97

Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

Mr. Ron L. Fleming (Age 44)
Chairman, CEO & President
Comp: $543.73k
Mr. Michael J. Liebman (Age 47)
Senior VP, CFO & Corporate Secretary
Comp: $405.62k
Mr. Christopher D. Krygier (Age 40)
Chief Operating Officer
Comp: $320.49k
Ms. Joanne Ellsworth (Age 58)
Executive Vice President of Corporate Affairs
Mr. John Carroll Lenderking (Age 50)
Senior Vice President of Water Resources & Legislative Affairs
Ms. Suzanne Michelle Kitts (Age 58)
VP & Controller
Mr. Jonathan C. Corwin (Age 44)
VP & GM
Mr. Steven D. Brill (Age 55)
VP of Information Technology Operations & Security

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GWRS Stock Analysis - Frequently Asked Questions

How have GWRS shares performed in 2024?: Global Water Resources' stock was trading at $13.08 on January 1st, 2024. Since then, GWRS shares have decreased by 7.3% and is now trading at $12.13.
View the best growth stocks for 2024 here.
Are investors shorting Global Water Resources?: Global Water Resources saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 90,900 shares, a drop of 7.7% from the March 15th total of 98,500 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.8% of the shares of the stock are short sold.
View Global Water Resources' Short Interest.
When is Global Water Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our GWRS earnings forecast.
How were Global Water Resources' earnings last quarter?: Global Water Resources, Inc. (NASDAQ:GWRS) issued its quarterly earnings results on Wednesday, March, 6th. The utilities provider reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The utilities provider had revenue of $12.37 million for the quarter, compared to analysts' expectations of $12 million. Global Water Resources had a net margin of 15.05% and a trailing twelve-month return on equity of 13.64%. During the same quarter last year, the firm posted $0.04 earnings per share.
How often does Global Water Resources pay dividends? What is the dividend yield for Global Water Resources?: Global Water Resources announced a monthly dividend on Thursday, March 28th. Investors of record on Tuesday, April 16th will be given a dividend of $0.025 per share on Tuesday, April 30th. This represents a $0.30 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Monday, April 15th.
Read our dividend analysis for GWRS.
Is Global Water Resources a good dividend stock?: Global Water Resources (NASDAQ:GWRS) pays an annual dividend of $0.30 per share and currently has a dividend yield of 2.48%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 90.91%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GWRS will have a dividend payout ratio of 88.24% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GWRS.

What ETF holds Global Water Resources' stock?: Invesco Water Resources ETF holds 29,901 shares of GWRS stock, representing 0.02% of its portfolio.
What is Trevor T. Hill's approval rating as Global Water Resources' CEO?: 3 employees have rated Global Water Resources Chief Executive Officer Trevor T. Hill on Glassdoor.com. Trevor T. Hill has an approval rating of 37% among the company's employees. This puts Trevor T. Hill in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Global Water Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Global Water Resources investors own include Range Resources (RRC), Williams Companies (WMB), Callon Petroleum (CPE), Coeur Mining (CDE), Alerian MLP ETF (AMLP), American Water Works (AWK), Gilead Sciences (GILD), Ambev (ABEV), Ford Motor (F) and OFG Bancorp (OFG).
When did Global Water Resources IPO?: Global Water Resources (GWRS) raised $8 million in an IPO on Thursday, April 28th 2016. The company issued 1,200,000 shares at $6.25 per share. Roth Capital Partners served as the underwriter for the IPO.
How do I buy shares of Global Water Resources?: Shares of GWRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GWRS) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Global Water Resources (GWRS) Stock Price, News & Analysis

Global Water Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Global Water Resources Stock (NASDAQ:GWRS)

GWRS Stock Price History

GWRS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GWRS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™