Global Water Resources (NASDAQ:GWRS - Get Free Report) will announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.
Global Water Resources (NASDAQ:GWRS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The utilities provider reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.01). Global Water Resources had a net margin of 11.91% and a return on equity of 13.45%. The company had revenue of $13.51 million for the quarter, compared to analysts' expectations of $13.60 million. During the same quarter in the prior year, the business posted $0.07 earnings per share. On average, analysts expect Global Water Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Global Water Resources Stock Performance
Global Water Resources stock traded up $0.12 during mid-day trading on Thursday, hitting $12.65. The company had a trading volume of 15,727 shares, compared to its average volume of 23,650. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 2.53. The company has a market capitalization of $305.83 million, a price-to-earnings ratio of 48.19, a P/E/G ratio of 3.13 and a beta of 0.97. The company's fifty day moving average is $12.57 and its 200-day moving average is $12.47. Global Water Resources has a 12-month low of $9.60 and a 12-month high of $13.42.
Global Water Resources Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be issued a dividend of $0.025 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Thursday, October 17th. Global Water Resources's dividend payout ratio (DPR) is presently 115.38%.
About Global Water Resources
(
Get Free Report)
Global Water Resources, Inc, a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems primarily in metropolitan Phoenix and Tucson, Arizona. It serves approximately 82,000 people in approximately 32,000 homes. The company was founded in 2003 and is based in Phoenix, Arizona.
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