Global Water Resources (GWRS) Expected to Announce Earnings on Thursday

Global Water Resources (NASDAQ:GWRS) is expected to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $12.70 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Global Water Resources Stock Performance

Shares of GWRS opened at $11.53 on Thursday. Global Water Resources has a 1-year low of $11.05 and a 1-year high of $13.98. The company has a market capitalization of $279.28 million, a P/E ratio of 42.70, a P/E/G ratio of 2.53 and a beta of 0.99. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.62 and a quick ratio of 1.63. The firm’s 50 day simple moving average is $11.55 and its 200 day simple moving average is $12.25.

Global Water Resources Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.0253 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Friday, February 14th. Global Water Resources’s payout ratio is currently 111.11%.

Global Water Resources Company Profile

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.