Global Water Resources, Inc. (GWRS)
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]
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 StatementsAnalyst 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.
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.

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.

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...

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.

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...

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 ...

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....

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 ...

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 ...

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.

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.

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...

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...

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.

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...

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.

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.

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.

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...

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.

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.

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.

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 ...

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 ...