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

Global Water Resources (NASDAQ:GWRS) is anticipated to announce its earnings results 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 registering for the company’s conference call can do so using this link.

Global Water Resources Stock Performance

Shares of NASDAQ:GWRS opened at $11.53 on Thursday. The company has a current ratio of 1.62, a quick ratio of 1.63 and a debt-to-equity ratio of 2.47. The company has a 50-day moving average price of $11.55 and a 200-day moving average price of $12.25. The company has a market cap of $279.28 million, a price-to-earnings ratio of 42.70, a price-to-earnings-growth ratio of 2.53 and a beta of 0.99. Global Water Resources has a 12 month low of $11.05 and a 12 month high of $13.98.

Global Water Resources Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.0253 per share. This represents a $0.30 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Friday, February 14th. Global Water Resources’s payout ratio is 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.