NASDAQ:GWRS Global Water Resources - GWRS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Global Water Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $12.42 -0.08 (-0.64%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$12.33▼$12.6450-Day Range$12.13▼$14.8652-Week Range$10.61▼$17.35Volume8,646 shsAverage Volume23,694 shsMarket Capitalization$296.47 millionP/E Ratio51.75Dividend Yield2.42%Price Target$17.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Global Water Resources MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.9% Upside$17.00 Price TargetShort InterestHealthy0.69% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.43Based on 2 Articles This WeekInsider TradingAcquiring Shares$28,651 Bought Last QuarterProj. Earnings Growth12.00%From $0.25 to $0.28 Per ShareSee Full Details Hide Full Details 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 starsUtilities Sector9th out of 84 stocksWater Supply Industry2nd out of 11 stocks 3.5 Analyst's Opinion Consensus RatingGlobal Water Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.00, Global Water Resources has a forecasted upside of 36.9% from its current price of $12.42.Amount of Analyst CoverageGlobal Water Resources has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.69% of the float of Global Water Resources has been sold short.Short Interest Ratio / Days to CoverGlobal Water Resources has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Global Water Resources has recently increased by 13.84%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldGlobal Water Resources pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGlobal Water Resources has been increasing its dividend for 5 years.Dividend CoverageThe dividend payout ratio of Global Water Resources is 125.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Global Water Resources will have a dividend payout ratio of 107.14% in the coming year. This indicates that Global Water Resources may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GWRS. Previous Next 1.9 News and Social Media Coverage News SentimentGlobal Water Resources has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Global Water Resources this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for GWRS on MarketBeat in the last 30 days. This is a decrease of -96% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Global Water Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Global Water Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $28,651.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders45.10% 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 InstitutionsOnly 29.25% of the stock of Global Water Resources is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Global Water Resources are expected to grow by 12.00% in the coming year, from $0.25 to $0.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Global Water Resources is 51.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Global Water Resources is 51.75, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 105.74.Price to Earnings Growth RatioGlobal Water Resources has a PEG Ratio of 3.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGlobal Water Resources has a P/B Ratio of 6.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Global Water Resources (NASDAQ:GWRS) StockGlobal 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.Read More 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. Email Address GWRS Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comHere's Why You Should Invest in Global Water Resources (GWRS)March 13, 2023 | finance.yahoo.comGlobal Water Resources' (GWRS) Q4 Earnings Surpass EstimatesMarch 30, 2023 | Tradewins (Ad)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. March 13, 2023 | msn.comGlobal Water Resources's Return On Capital Employed OverviewMarch 11, 2023 | seekingalpha.comGlobal Water Resources, Inc. (GWRS) Q4 2022 Earnings Call TranscriptMarch 9, 2023 | finanznachrichten.deGlobal Water Resources, Inc.: Global Water Resources Reports Fourth Quarter and Full Year 2022 ResultsMarch 9, 2023 | msn.comGlobal Water Resources GAAP EPS of $0.04 beats by $0.01, revenue of $11.1M in-lineMarch 7, 2023 | msn.comGlobal Water Resources's Earnings OutlookMarch 30, 2023 | Tradewins (Ad)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. March 2, 2023 | finance.yahoo.comGlobal Water Resources to Present at the 35th Annual ROTH Conference, March 12-14, 2023March 2, 2023 | msn.comGlobal Water Resources (GWRS) Declares $0.02 DividendJanuary 29, 2023 | finance.yahoo.comBullish insiders at Global Water Resources, Inc. (NASDAQ:GWRS) loaded up on US$2.8m of stock earlier this yearJanuary 9, 2023 | finance.yahoo.com3 Top Utilities Stocks For a Defensive ApproachJanuary 1, 2023 | finance.yahoo.comGlobal Water Resources (NASDAQ:GWRS) Is Paying Out A Dividend Of $0.0183December 29, 2022 | msn.comGlobal Water Resources declares $0.02483 dividendDecember 8, 2022 | finance.yahoo.comGlobal Water Resources (NASDAQ:GWRS) Is Paying Out A Larger Dividend Than Last YearNovember 30, 2022 | finance.yahoo.comGlobal Water Resources Increases and Declares Monthly DividendNovember 8, 2022 | benzinga.comEarnings Preview For Global Water ResourcesNovember 3, 2022 | finance.yahoo.comGlobal Water Resources (NASDAQ:GWRS) Has Announced A Dividend Of $0.0246October 31, 2022 | finance.yahoo.comCan Global Water Resources, Inc. (NASDAQ:GWRS) Maintain Its Strong Returns?October 30, 2022 | seekingalpha.comPHO: U.S.-Centered Water Play Is Valued HorriblyOctober 27, 2022 | finance.yahoo.comGlobal Water Resources Sets Third Quarter 2022 Conference Call for Thursday, November 10, 2022 at 1:00 p.m. ETOctober 13, 2022 | nasdaq.comWhile institutions own 25% of Global Water Resources, Inc. (NASDAQ:GWRS), private companies are its largest shareholders with 43% ownershipSeptember 28, 2022 | benzinga.comGlobal Water and Wastewater Treatment Chemicals Market to Reach $52.01 Billion by 2029 at a CAGR of 4.7%September 27, 2022 | cnbc.comGlobal water systems will require 'huge' investment. Here are HSBC's stocks to play the themeSeptember 20, 2022 | seekingalpha.comGlobal Water rises after Janney starts coverage with Buy ratingSeptember 9, 2022 | nasdaq.comEarnings Not Telling The Story For Global Water Resources, Inc. (NASDAQ:GWRS)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address GWRS Company Calendar Last Earnings5/05/2021Ex-Dividend for 2/28 Dividend2/13/2023Dividend Payable2/28/2023Ex-Dividend for 3/31 Dividend3/16/2023Today3/30/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Water supply Sub-IndustryN/A SectorUtilities Current SymbolNASDAQ:GWRS CUSIPN/A CIK1434728 Webwww.gwresources.com Phone(480) 360-7775Fax623-580-9659Employees86Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.24 Trailing P/E Ratio51.75 Forward P/E Ratio49.68 P/E Growth3.41Net Income$5.51 million Net Margins12.31% Pretax Margin14.40% Return on Equity14.79% Return on Assets1.76% Debt Debt-to-Equity Ratio2.40 Current Ratio0.87 Quick Ratio0.87 Sales & Book Value Annual Sales$44.73 million Price / Sales6.63 Cash Flow$0.65 per share Price / Cash Flow19.16 Book Value$1.86 per share Price / Book6.68Miscellaneous Outstanding Shares23,870,000Free Float13,105,000Market Cap$296.47 million OptionableNot Optionable Beta0.73 Key ExecutivesRon L. FlemingChairman, President & Chief Executive OfficerChristopher D. KrygierChief Operating OfficerMichael J. LiebmanChief Financial Officer, Secretary & Senior VPJonathan C. CorwinVice President & General ManagerJoanne EllsworthExecutive Vice President-Corporate AffairsKey CompetitorsConsolidated WaterNASDAQ:CWCOPure CycleNASDAQ:PCYOArtesian ResourcesNASDAQ:ARTNAYork WaterNASDAQ:YORWConsolidated CommunicationsNASDAQ:CNSLView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCBought 7,188 shares on 3/23/2023Ownership: 0.030%Andrew M CohnBought 2,362 shares on 3/13/2023Total: $28,651.06 ($12.13/share)Select Equity Group L.P.Bought 26,140 shares on 2/15/2023Ownership: 0.308%Morgan StanleyBought 17,768 shares on 2/15/2023Ownership: 0.289%Millennium Management LLCBought 23,795 shares on 2/15/2023Ownership: 0.232%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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