Global Water Resources, Inc. (GWRS)

NASDAQ: GWRS · IEX Real-Time Price · USD
14.09
+0.49 (3.60%)
At close: Jun 24, 2022 4:00 PM
14.27
+0.18 (1.28%)
After-hours: Jun 24, 2022 7:26 PM EDT
3.60%
Market Cap 319.13M
Revenue (ttm) 42.69M
Net Income (ttm) 4.72M
Shares Out 22.65M
EPS (ttm) 0.21
PE Ratio 67.10
Forward PE 66.23
Dividend $0.30 (2.09%)
Ex-Dividend Date Jun 15, 2022
Volume 63,858
Open 13.67
Previous Close 13.60
Day's Range 13.27 - 14.18
52-Week Range 12.54 - 21.25
Beta 0.70
Analysts Buy
Price Target 21.42 (+52.0%)
Earnings Date Aug 4, 2022

About GWRS

Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2020, it served approximately 74,048 people in approximately 27,630 homes. The company was founded in 2003 and is based in Phoenix, Arizona. [Read more...]

Industry Water Utilities
IPO Date Dec 30, 2010
Employees 86
Stock Exchange NASDAQ
Ticker Symbol GWRS
Full Company Profile

Financial Performance

In 2021, GWRS's revenue was $41.91 million, an increase of 8.51% compared to the previous year's $38.63 million. Earnings were $3.61 million, an increase of 226.61%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for GWRS stock is "Buy." The 12-month stock price forecast is 21.42, which is an increase of 52.02% from the latest price.

Price Target
$21.42
(52.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top 5 Utility Stocks to Stay Safe Amid Wall Street's Free Fall

We have narrowed our search to five utility stocks with solid potential for the rest of 2022. These are: MGEE, VST, GWRS, UTL and CWCO.

Other symbols: CWCOMGEEUTLVST

Global Water Resources Declares Monthly Dividend

PHOENIX, May 31, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has declared, under its dividend policy, a monthly cash ...

Will Defensive Sectors Shine in the Extremely Volatile 2022?

We have narrowed our search to five defensive stocks. These are: GWRS, VST, AMN, ADM, PPC.

Other symbols: ADMAMNPPCVST

Global Water Resources, Inc. (GWRS) Loses 16.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Global Water Resources, Inc. (GWRS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street ana...

Reasons to Add Global Water Resources (GWRS) to Your Portfolio

Global Water Resources (GWRS) makes a strong case for investments, given the positive estimates movement, significant infrastructure investments and an expansion of operations via acquisitions.

Global Water Resources President and CEO, Ron Fleming, Appointed Chairman of the Maricopa Economic Development Allian...

PHOENIX, May 17, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, announced that its president and CEO, Ron Fleming, has b...

Global Water Resources Reports Results of Director Election

PHOENIX, May 06, 2022 (GLOBE NEWSWIRE) -- Global Water Resources Inc., ("the Company"), (NASDAQ: GWRS), (TSX: GWR), announced that the nominees listed in the Proxy Statement, dated March 25, 2022, for t...

Global Water Resources, Inc. (GWRS) Q1 Earnings and Revenues Surpass Estimates

Global Water Resources, Inc. (GWRS) delivered earnings and revenue surprises of 500% and 0.29%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Global Water Resources Reports First Quarter 2022 Results

PHOENIX, May 04, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the first quarter ended March 31, 2...

Global Water Resources Partners with Town of Sahuarita to Support Regional Growth with Integrated Water Utility Solut...

PHOENIX, April 26, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has entered a public-private partnership with the Town...

Global Water Resources Sets First Quarter 2022 Conference Call for Thursday, May 5, 2022 at 1:00 p.m. ET

PHOENIX, April 21, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Thursday, May 5, 2022 a...

Global Water Resources Signs Definitive Agreement to Acquire Farmers Water Company in Pima County, Arizona

PHOENIX, April 18, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has signed a definitive agreement to acquire Farmers W...

Global Water Resources to Ring Nasdaq Opening Bell on March 22, Commemorating World Water Day and the Utility's Award...

PHOENIX, March 21, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS) (TSX: GWR), a public pure-play water resource management company, has been invited to ring the Nasdaq Stock Market...

Global Water Resources Reports Fourth Quarter and Full Year 2021 Results

PHOENIX, March 10, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the fourth quarter ended December...

Global Water Resources to Present at the 34th Annual ROTH Conference, March 13-15, 2022

PHOENIX, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the 34 th Annual ROTH Co...

Global Water Resources Sets Fourth Quarter and Full Year 2021 Conference Call for Thursday, March 10, 2022 at 1:00 p....

PHOENIX, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Thursday, March 10, 2022...

Global Water Resources Completes Acquisition of Two Water Utilities

PHOENIX, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has completed its previously announced acquisition of t...

Global Water Resources Signs Letter of Intent to Acquire Farmers Water Co. in Pima County, Arizona

SAHUARITA, Ariz., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), an Arizona-based water resource management company, has signed a Letter of Intent to acquire ...

Global Water Resources Declares and Increases Monthly Dividend

PHOENIX, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has declared under its dividend policy a monthly cash d...

Global Water Resources to Present at the Bank of America 2021 Water Conference on December 6, 2021

PHOENIX, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Bank of America 2021...

Global Water Resources Promotes Joanne Ellsworth to Executive Vice President of Corporate Affairs

PHOENIX, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has promoted Joanne Ellsworth to the new position of ex...

Global Water Resources, Inc. (GWRS) Q3 Earnings Surpass Estimates

Global Water Resources, Inc. (GWRS) delivered earnings and revenue surprises of 16.67% and -0.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for th...

Global Water Resources Reports Third Quarter 2021 Results

PHOENIX, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the third quarter ended September ...

Global Water Resources Completes Acquisition of Las Quintas Serenas Water Company in Pima County, Arizona

PHOENIX, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has completed its previously announced acquisition of L...

Global Water Resources, Inc. (GWRS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Global Water Resources, Inc. (GWRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.