Global Water Resources Stock Forecast, Price & News

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" Global Water Resources stock.
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1 Wall Street research analysts have issued 1 year price targets for Global Water Resources' shares. Their GWRS stock forecasts range from $21.00 to $21.00. On average, they anticipate Global Water Resources' share price to reach $21.00 in the next year. This suggests a possible upside of 53.7% from the stock's current price.
View analysts' price targets for Global Water Resources or view top-rated stocks among Wall Street analysts.

Global Water Resources' stock was trading at $17.10 at the start of the year. Since then, GWRS shares have decreased by 20.1% and is now trading at $13.66.
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Global Water Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Global Water Resources.

Global Water Resources, Inc. (NASDAQ:GWRS) released its quarterly earnings results on Wednesday, May, 4th. The utilities provider reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. The utilities provider had revenue of $10.03 million for the quarter, compared to the consensus estimate of $10 million. Global Water Resources had a trailing twelve-month return on equity of 11.62% and a net margin of 11.05%.
View Global Water Resources' earnings history.

Global Water Resources declared a monthly dividend on Friday, July 1st. Shareholders of record on Friday, July 15th will be given a dividend of $0.0246 per share on Friday, July 29th. This represents a $0.29 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Thursday, July 14th.
View Global Water Resources' dividend history.

Global Water Resources(NASDAQ:GWRS) pays an annual dividend of $0.29 per share and currently has a dividend yield of 2.12%. Global Water Resources has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Global Water Resources is 131.82%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Global Water Resources will have a dividend payout ratio of 131.82% in the coming year. This indicates that Global Water Resources may not be able to sustain their current dividend.
View Global Water Resources' dividend history.

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

Some companies that are related to Global Water Resources include York Water (YORW), Artesian Resources (ARTNA), Pure Cycle (PCYO), Consolidated Water (CWCO) and Cadiz (CDZI).
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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).

(GWRS) raised $8 million in an initial public offering (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.

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

Shares of GWRS 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.
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One share of GWRS stock can currently be purchased for approximately $13.66.

Global Water Resources (NASDAQ:GWRS) has a market capitalization of $309.39 million and generates $41.91 million in revenue each year. The utilities provider earns $3.61 million in net income (profit) each year or $0.22 on an earnings per share basis.

Global Water Resources employs 86 workers across the globe.

Global Water Resources' mailing address is 21410 N. 19th Avenue Suite 220, Phoenix AZ, 85027. The official website for Global Water Resources 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.