News articles about Global Water Resources (NASDAQ:GWRS) have trended somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Global Water Resources earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 46.7197398324352 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Global Water Resources (NASDAQ GWRS) opened at 9.72 on Wednesday. The stock has a market capitalization of $190.57 million, a price-to-earnings ratio of 118.54 and a beta of 0.34. Global Water Resources has a 12 month low of $7.50 and a 12 month high of $9.84. The company has a 50-day moving average price of $9.72 and a 200 day moving average price of $8.79.
Global Water Resources (NASDAQ:GWRS) last issued its quarterly earnings data on Tuesday, August 8th. The utilities provider reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.02). Global Water Resources had a return on equity of 10.46% and a net margin of 5.05%. The company had revenue of $8.15 million for the quarter, compared to analyst estimates of $7.90 million. Equities analysts predict that Global Water Resources will post $0.09 earnings per share for the current year.
The company also recently announced a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.0231 dividend. This is a boost from Global Water Resources’s previous monthly dividend of $0.02. This represents a $0.28 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend is Thursday, September 14th. Global Water Resources’s payout ratio is presently 350.04%.
A number of equities research analysts have recently issued reports on GWRS shares. Zacks Investment Research upgraded Global Water Resources from a “strong sell” rating to a “hold” rating in a research report on Monday, July 17th. Roth Capital set a $11.00 price target on Global Water Resources and gave the company a “buy” rating in a research report on Saturday, May 27th.
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Global Water Resources Company Profile
Global Water Resources, Inc is a water resource management company. The Company owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. The Company focuses on the issues of water supply and scarcity, and applies principles of water conservation through water reclamation and reuse.
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