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NASDAQ:GWRS

Global Water Resources - GWRS Stock Forecast, Price & News

$12.42
-0.08 (-0.64%)
(As of 03/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$12.33
$12.64
50-Day Range
$12.13
$14.86
52-Week Range
$10.61
$17.35
Volume
8,646 shs
Average Volume
23,694 shs
Market Capitalization
$296.47 million
P/E Ratio
51.75
Dividend Yield
2.42%
Price Target
$17.00

Global Water Resources MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.9% Upside
$17.00 Price Target
Short Interest
Healthy
0.69% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Global Water Resources in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$28,651 Bought Last Quarter
Proj. Earnings Growth
12.00%
From $0.25 to $0.28 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.82 out of 5 stars

Utilities Sector

9th out of 84 stocks

Water Supply Industry

2nd out of 11 stocks


GWRS stock logo

About Global Water Resources (NASDAQ:GWRS) Stock

Global Water Resources, Inc. engages in the operation and management of water, wastewater, and recycled water utilities. It also distributes recycled water throughout the communities through a separate system of pipes. The company was founded by Trevor T. Hill and William S. Levine on September 24, 2003 and is headquartered in Phoenix, AZ.

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GWRS Stock News Headlines

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Modern Day Options Trading For Beginners!
These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. pixel
3 Top Utilities Stocks For a Defensive Approach
Earnings Preview For Global Water Resources
PHO: U.S.-Centered Water Play Is Valued Horribly
See More Headlines
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GWRS Company Calendar

Last Earnings
5/05/2021
Ex-Dividend for 2/28 Dividend
2/13/2023
Dividend Payable
2/28/2023
Ex-Dividend for 3/31 Dividend
3/16/2023
Today
3/30/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Water supply
Sub-Industry
N/A
Sector
Utilities
Current Symbol
NASDAQ:GWRS
Employees
86
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.00
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+36.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$5.51 million
Pretax Margin
14.40%

Debt

Sales & Book Value

Annual Sales
$44.73 million
Cash Flow
$0.65 per share
Book Value
$1.86 per share

Miscellaneous

Free Float
13,105,000
Market Cap
$296.47 million
Optionable
Not Optionable
Beta
0.73

Key Executives

  • Ron L. Fleming
    Chairman, President & Chief Executive Officer
  • Christopher D. KrygierChristopher D. Krygier
    Chief Operating Officer
  • Michael J. Liebman
    Chief Financial Officer, Secretary & Senior VP
  • Jonathan C. Corwin
    Vice President & General Manager
  • Joanne Ellsworth
    Executive Vice President-Corporate Affairs













GWRS Stock - Frequently Asked Questions

Should I buy or sell Global Water Resources stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Global Water Resources in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GWRS shares.
View GWRS analyst ratings
or view top-rated stocks.

What is Global Water Resources' stock price forecast for 2023?

1 brokers have issued twelve-month target prices for Global Water Resources' shares. Their GWRS share price forecasts range from $17.00 to $17.00. On average, they predict the company's share price to reach $17.00 in the next year. This suggests a possible upside of 36.9% from the stock's current price.
View analysts price targets for GWRS
or view top-rated stocks among Wall Street analysts.

How have GWRS shares performed in 2023?

Global Water Resources' stock was trading at $13.28 at the beginning of 2023. Since then, GWRS shares have decreased by 6.5% and is now trading at $12.42.
View the best growth stocks for 2023 here
.

Are investors shorting Global Water Resources?

Global Water Resources saw a increase in short interest in March. As of March 15th, there was short interest totaling 76,500 shares, an increase of 13.8% from the February 28th total of 67,200 shares. Based on an average daily volume of 23,700 shares, the short-interest ratio is presently 3.2 days. Currently, 0.7% of the shares of the stock are sold short.
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 3rd 2023.
View our GWRS earnings forecast
.

How were Global Water Resources' earnings last quarter?

Global Water Resources, Inc. (NASDAQ:GWRS) issued its quarterly earnings data on Wednesday, May, 5th. The utilities provider reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The utilities provider had revenue of $9.26 million for the quarter, compared to the consensus estimate of $9 million. Global Water Resources had a net margin of 12.31% and a trailing twelve-month return on equity of 14.79%.

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

Global Water Resources declared a monthly dividend on Tuesday, February 28th. Stockholders of record on Friday, March 17th will be paid a dividend of $0.025 per share on Friday, March 31st. This represents a $0.30 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date is Thursday, March 16th.
Read our dividend analysis for GWRS
.

What ETFs hold Global Water Resources' stock?

ETFs with the largest weight of Global Water Resources (NASDAQ:GWRS) stock in their portfolio include Strategy Shares Halt Climate Change ETF (NZRO) and Invesco Water Resources ETF (PHO).

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 2.38%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 125.00%. 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 107.14% 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 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?

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

What is Global Water Resources' stock symbol?

Global Water Resources trades on the NASDAQ under the ticker symbol "GWRS."

Who are Global Water Resources' major shareholders?

Global Water Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CLARET ASSET MANAGEMENT Corp (1.17%), Renaissance Technologies LLC (0.96%), Geode Capital Management LLC (0.93%), Wells Fargo & Company MN (0.88%), Dimensional Fund Advisors LP (0.37%) and Select Equity Group L.P. (0.31%). Insiders that own company stock include Andrew M Cohn, Brett Huckelbridge, Christopher D Krygier, Debra Coy and Jodee Benson.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Global Water Resources' stock price today?

One share of GWRS stock can currently be purchased for approximately $12.42.

How much money does Global Water Resources make?

Global Water Resources (NASDAQ:GWRS) has a market capitalization of $296.47 million and generates $44.73 million in revenue each year. The utilities provider earns $5.51 million in net income (profit) each year or $0.24 on an earnings per share basis.

How can I contact Global Water Resources?

Global Water Resources' mailing address is 21410 N. 19th Avenue Suite 220, Phoenix AZ, 85027. The official website for the company is www.gwresources.com. The utilities provider can be reached via phone at (480) 360-7775, via email at gwrs@cma.team, or via fax at 623-580-9659.

This page (NASDAQ:GWRS) was last updated on 3/30/2023 by MarketBeat.com Staff