Global Water Resources (GWRS) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $12.54 to $12.79
• 50-Day Range: $12.04 to $13.50
• 52-Week Range: $11.12 to $13.98
• Volume: 24,084 shs
• Average Volume: 22,123 shs
• Market Capitalization: $304.93 million
• P/E Ratio: 46.63
• Dividend Yield: 2.38%
• Price Target: N/A
• Consensus Rating: N/A

Global Water Resources Stock Analysis - MarketRank™

Global Water Resources scored higher than 69% of companies evaluated by MarketBeat, and ranked 60th out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Global Water Resources.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.14%

Earnings Growth

Earnings for Global Water Resources are expected to grow by 7.14% in the coming year, from $0.28 to $0.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Global Water Resources is 46.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Global Water Resources is 46.63, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 98.80.

Price to Earnings Growth Ratio

Global Water Resources has a PEG Ratio of 3.00. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Global Water Resources has a P/B Ratio of 6.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.76% of the float of Global Water Resources has been sold short.

Short Interest Ratio / Days to Cover

Global Water Resources has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Global Water Resources has recently increased by 2.49%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Global Water Resources pays a meaningful dividend of 2.39%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Global Water Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Global Water Resources is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Global Water Resources will have a dividend payout ratio of 100.00% in the coming year. This indicates that Global Water Resources may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.76% of the float of Global Water Resources has been sold short.

Short Interest Ratio / Days to Cover

Global Water Resources has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Global Water Resources has recently increased by 2.49%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Global Water Resources has a news sentiment score of 1.87. 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 is a higher news sentiment than the 0.56 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Global Water Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Global Water Resources insiders have sold 23.19% more of their company's stock than they have bought. Specifically, they have bought $15,083.00 in company stock and sold $18,580.00 in company stock.

Percentage Held by Insiders

54.86% 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 Institutions

Only 27.91% of the stock of Global Water Resources is held by institutions.

GWRS Stock Analysis - Frequently Asked Questions

How have GWRS shares performed this year?

Global Water Resources' stock was trading at $13.08 at the start of the year. Since then, GWRS stock has decreased by 3.7% and is now trading at $12.59.
View the best growth stocks for 2024 here.

How were Global Water Resources' earnings last quarter?

Global Water Resources, Inc. (NASDAQ:GWRS) issued its quarterly earnings data on Wednesday, November, 6th. The utilities provider reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The utilities provider had revenue of $14.32 million for the quarter, compared to the consensus estimate of $14.65 million. Global Water Resources had a net margin of 12.52% and a trailing twelve-month return on equity of 14.23%.

When did Global Water Resources IPO?

Global Water Resources (GWRS) raised $8 million in an initial public offering on Thursday, April 28th 2016. The company issued 1,200,000 shares at $6.25 per share. Roth Capital Partners acted as the underwriter for the IPO.

Who are Global Water Resources' major shareholders?

Top institutional shareholders of Global Water Resources include Polar Asset Management Partners Inc. (3.16%), Geode Capital Management LLC (1.13%), State Street Corp (0.91%) and Bard Associates Inc. (0.70%). Insiders that own company stock include Andrew M Cohn, Debra Coy, Christopher D Krygier, Steven D Brill and Suzanne Michelle Kitts.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Global Water Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global Water Resources investors own include Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Walmart (WMT).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/17/2024
• Dividend Payable: 10/31/2024
• Last Earnings: 11/06/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Today: 11/16/2024
• Dividend Payable: 11/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Water supply
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:GWRS
• CUSIP: N/A
• CIK: 1434728
• Web: www.gwresources.com
• Phone: (480) 360-7775
• Fax: 623-580-9659
• Employees: 90
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.27
• Trailing P/E Ratio: 46.63
• Forward P/E Ratio: 44.96
• P/E Growth: 3.02
• Net Income: $7.98 million
• Net Margins: 12.52%
• Pretax Margin: 16.96%
• Return on Equity: 14.23%
• Return on Assets: 1.79%

Debt

• Debt-to-Equity Ratio: 2.47
• Current Ratio: 1.62
• Quick Ratio: 1.63

Sales & Book Value

• Annual Sales: $53.03 million
• Price / Sales: 5.75
• Cash Flow: $0.74 per share
• Price / Cash Flow: 17.01
• Book Value: $2.02 per share
• Price / Book: 6.23

Miscellaneous

• Outstanding Shares: 24,220,000
• Free Float: 10,934,000
• Market Cap: $304.93 million
• Optionable: Optionable
• Beta: 0.96