What is Roth Capital’s Estimate for GWRS FY2025 Earnings?

Global Water Resources, Inc. (NASDAQ:GWRS) – Research analysts at Roth Capital increased their FY2025 earnings per share estimates for shares of Global Water Resources in a research report issued on Monday, August 18th. Roth Capital analyst G. Sweeney now anticipates that the utilities provider will post earnings per share of $0.20 for the year, up from their prior estimate of $0.19. The consensus estimate for Global Water Resources’ current full-year earnings is $0.28 per share.

Global Water Resources (NASDAQ:GWRS) last announced its quarterly earnings data on Wednesday, August 13th. The utilities provider reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The company had revenue of $14.24 million for the quarter, compared to analyst estimates of $14.20 million. Global Water Resources had a return on equity of 9.67% and a net margin of 10.27%.

Separately, Wall Street Zen lowered Global Water Resources from a “hold” rating to a “sell” rating in a report on Saturday, August 16th.

Global Water Resources Stock Down 0.7%

NASDAQ GWRS opened at $9.70 on Wednesday. Global Water Resources has a 52 week low of $9.37 and a 52 week high of $13.98. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.54. The business’s fifty day simple moving average is $10.17 and its 200-day simple moving average is $10.49. The firm has a market cap of $266.46 million, a PE ratio of 44.09, a P/E/G ratio of 2.96 and a beta of 1.05.

Global Water Resources Announces Dividend

The business also recently declared a aug 25 dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.0253 per share. This represents a dividend yield of 310.0%. The ex-dividend date is Friday, August 15th. Global Water Resources’s payout ratio is currently 136.36%.

Institutional Trading of Global Water Resources

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN raised its holdings in Global Water Resources by 0.5% in the 4th quarter. Wells Fargo & Company MN now owns 211,216 shares of the utilities provider’s stock valued at $2,429,000 after buying an additional 1,130 shares during the period. Ameriprise Financial Inc. raised its holdings in Global Water Resources by 7.0% in the 4th quarter. Ameriprise Financial Inc. now owns 20,210 shares of the utilities provider’s stock valued at $232,000 after buying an additional 1,327 shares during the period. Barclays PLC raised its holdings in Global Water Resources by 5.3% in the 4th quarter. Barclays PLC now owns 33,347 shares of the utilities provider’s stock valued at $384,000 after buying an additional 1,684 shares during the period. Rhumbline Advisers raised its holdings in Global Water Resources by 12.0% in the 1st quarter. Rhumbline Advisers now owns 17,595 shares of the utilities provider’s stock valued at $181,000 after buying an additional 1,884 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey purchased a new stake in Global Water Resources in the 2nd quarter valued at about $27,000. 27.91% of the stock is currently owned by hedge funds and other institutional investors.

About Global Water Resources

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.