Global Water Resources, Inc. (GWRS)

NASDAQ: GWRS · IEX Real-Time Price · USD
12.50
+0.05 (0.40%)
At close: Mar 29, 2023, 4:00 PM
12.29
-0.21 (-1.68%)
After-hours: Mar 29, 2023, 7:42 PM EDT
0.4%
Market Cap 298.39M
Revenue (ttm) 44.73M
Net Income (ttm) 5.51M
Shares Out 23.87M
EPS (ttm) 0.24
PE Ratio 52.08
Forward PE 52.36
Dividend $0.30 (2.37%)
Ex-Dividend Date Mar 16, 2023
Volume 9,311
Open 12.50
Previous Close 12.45
Day's Range 12.34 - 12.59
52-Week Range 10.61 - 17.35
Beta 0.73
Analysts Buy
Price Target 17.85 (+42.8%)
Earnings Date May 2, 2023

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]

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

Financial Performance

In 2022, GWRS's revenue was $44.73 million, an increase of 6.71% compared to the previous year's $41.91 million. Earnings were $5.51 million, an increase of 52.56%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for GWRS stock is "Buy." The 12-month stock price forecast is $17.85, which is an increase of 42.80% from the latest price.

Price Target
$17.85
(42.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Here's Why You Should Invest in Global Water Resources (GWRS)

Global Water Resources (GWRS) is a solid pick from the water industry, given its rising earnings estimates, expansion through strategic acquisitions and strong return on equity.

1 week ago - Zacks Investment Research

Global Water Resources' (GWRS) Q4 Earnings Surpass Estimates

Global Water Resources' (GWRS) fourth-quarter earnings are better than expected. The company continues to expand its customer base through organic and inorganic means.

2 weeks ago - Zacks Investment Research

Global Water Resources Reports Fourth Quarter and Full Year 2022 Results

PHOENIX, March 08, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended Dece...

3 weeks ago - GlobeNewsWire

AWR or GWRS: Which Water Utility Stock Should You Invest in?

At present, Global Water Resources (GWRS) is a better water utility than American States Water (AWR), given its better earnings estimate revision and higher return on equity.

Other symbols: AWR
3 weeks ago - Zacks Investment Research

3 Monthly Dividend Stocks Paying Investors Each Month

A popular investment strategy for those seeking to rely on passive income from their portfolio is dividend growth investing. The value of this approach lies in the fact that it allows investors to dis...

Other symbols: OREIT
1 month ago - InvestorPlace

Global Water Resources Declares Monthly Dividend

PHOENIX, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has declared, under its dividend policy, a monthly cash dividend ...

1 month ago - GlobeNewsWire

Global Water Resources Sets Fourth Quarter and Full Year 2022 Conference Call for Thursday, March 9, 2023 at 1:00 p.m. ET

PHOENIX, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, will hold a conference call on Thursday, March 9, 2023 at 1:00 p....

1 month ago - GlobeNewsWire

7 Overlooked Stocks That Could be the Next Big Thing

While the equities sector still trends in a recovery mode from last year's fallout, investors may want to spare some speculation funds toward overlooked stocks to buy. These enterprises might not get ...

Other symbols: ACDNNERIIIMAXSBSWSMR
1 month ago - InvestorPlace

Hotter-Than-Expected Inflation Rattles Wall Street: 5 Safe Picks

January's slightly hot inflation led to volatility in the stock market. Thus, it's prudent to invest in risk-adjusted stocks like Campbell Soup (CPB), NRG Energy (NRG) and MGE Energy (MGEE) to name a ...

Other symbols: CAGCPBMGEENRG
1 month ago - Zacks Investment Research

New Strong Buy Stocks for February 13th

GWRS, WFRD, HUYA, DBD and RE have been added to the Zacks Rank #1 (Strong Buy) List on February 13, 2023.

Other symbols: DBDHUYAREWFRD
1 month ago - Zacks Investment Research

Best Income Stocks to Buy for February 13th

RE, GWRS and ATHM made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 13, 2023.

Other symbols: ATHMRE
1 month ago - Zacks Investment Research

Global Water Resources to Voluntarily Delist from Toronto Stock Exchange

PHOENIX, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (“Global Water” or the “Company”) (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, announces that it h...

1 month ago - GlobeNewsWire

Global Water Resources Appoints Chris Krygier as COO

PHOENIX, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has appointed noted utility industry leader, Chris Kr...

1 month ago - GlobeNewsWire

Best Income Stocks to Buy for February 1st

STBA, SIEGY and GWRS made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 1, 2023.

Other symbols: SIEGYSTBA
2 months ago - Zacks Investment Research

Global Water Resources Completes Acquisition of Farmers Water Co. in Pima County, Arizona, Adding 3,300 Active Water Service Connections

PHOENIX, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has completed the previously announced acquisition of...

2 months ago - GlobeNewsWire

Seeking Income? 3 Utilities Stocks Worth Consideration

Income investors commonly target the Utilities sector, as companies in the realm generate reliable and predictable demand thanks to their services being a necessity.

Other symbols: ATOED
2 months ago - Zacks Investment Research

New Strong Buy Stocks for January 27th

GWRS, EVBG, SPLK, RELL and HARP have been added to the Zacks Rank #1 (Strong Buy) List on January 27, 2023.

Other symbols: EVBGHARPRELLSPLK
2 months ago - Zacks Investment Research

Best Income Stocks to Buy for January 27th

UOVEY and GWRS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 27, 2023.

2 months ago - Zacks Investment Research

Global Water Resources President and CEO, Ron Fleming, Appointed to Board of Directors of National Association of Water Companies

PHOENIX, Jan. 17, 2023 (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, ha...

2 months ago - GlobeNewsWire

5 Defensive Stocks to Buy as Fed Members Remain Hawkish

Invest in stocks like Campbell Soup (CPB), Conagra Brands (CAG) & Atmos Energy (ATO) to ride out further market volatility caused due to rate hikes, or any expectations related to rate hikes.

Other symbols: ATOCAGCPBJJSF
2 months ago - Zacks Investment Research

3 Top Utilities Stocks For a Defensive Approach

Stocks in the Zacks Utilities sector are defensive by nature, as these companies' services witness consistent demand no matter the economic backdrop.

Other symbols: NEENRG
2 months ago - Zacks Investment Research

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

Global Water Resources' (GWRS) rising earnings estimates, stable performance and systematic investments make it a solid investment opportunity for investors.

3 months ago - Zacks Investment Research

Global Water Resources Receives ‘Excellence in Departmental Practice' Award from Cityworks

PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, received Cityworks's 2022 Excellence in Departmental ...

3 months ago - GlobeNewsWire

Global Water Resources to Present at the ROTH Deer Valley Event on December 15, 2022

PHOENIX, Dec. 08, 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 ROTH 11 th Annual ...

3 months ago - GlobeNewsWire

7 Safe Stocks to Buy and Hold Forever

In October and November, I suggested safe stocks to buy and hold. I'm pleased to say that those stocks have increased by an average of around 21% since the beginning of October.

Other symbols: ADUSAEMGRCRCISMPTMUS
4 months ago - InvestorPlace