Streetbeat News

GWRS

Global Water Resources, Inc.

https://www.gwresources.com

Industry

Regulated Water

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.

Open

12.67

Mkt cap

305M

Volume

23K

High

12.79

P/E Ratio

46.63

52-wk high

13.98

Low

12.54

Div yield

0.02

52-wk low

11.12

Global Water Resources (NASDAQ:GWRS) is scheduled to release its quarterly earnings report on March 6, 2024. Analysts predict an EPS of $0.05. The company's past performance shows a history of beating EPS estimates, which has sometimes led to positive stock price movements. Shares are currently trading at $13.05, with a 3.47% increase over the last 52 weeks. Investors are looking for not only an earnings beat but also positive guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 05, 2024 | 7:03 pm

Global Water Resources (NASDAQ:GWRS) announced a monthly dividend of 2.51 cents per share, with Tuesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Wednesday, meaning it will trade lower by the dividend amount. The dividend is payable on December 28, 2023.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:45 pm

Global Water Resources has announced a 1% increase in its monthly dividend, from $0.29896 to $0.30096.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:34 pm

Global Water Resources (NASDAQ:GWRS) reported Q3 earnings of $0.11 per share, beating the analyst consensus estimate of $0.08 by 37.5%. This is a 57.14% increase from the same period last year. The company also reported quarterly sales of $14.53 million, beating the analyst consensus estimate of $13.30 million by 9.26%. This is a 22.19% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:43 am

Global Water Resources (NASDAQ:GWRS) announced it will pay a monthly dividend of 2.48 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders owning GWRS as of the end of Friday's session are eligible to receive the dividend, which will be paid out on October 31, 2023.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 2:45 pm

Global Water Resources (NASDAQ:GWRS) reported Q2 earnings of $0.07 per share, in line with analyst consensus. This is a 22.22% decrease from the same period last year. The company's quarterly sales of $13.00 million beat the analyst consensus estimate of $12.85 million by 1.17%, marking an 11.04% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:58 am

The article identifies Global Water Resources, Inc. (NASDAQ:GWRS) and Consolidated Water Co. Ltd. (NASDAQ:CWCO) as overbought stocks in the utilities sector, suggesting they may be overvalued. Both companies recently posted better-than-expected quarterly results, with GWRS closing at $12.94 and CWCO at $24.29 on Wednesday.

Portfolio Pulse from Lisa Levin

June 29, 2023 | 10:16 am

Insiders have recently purchased shares in GameStop Corp. (GME), Global Water Resources, Inc. (GWRS), and South Plains Financial, Inc. (SPFI). These purchases signal confidence in the companies' prospects and may present an opportunity for investors.

Portfolio Pulse from Lisa Levin

June 12, 2023 | 11:09 am

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