Janney initiated coverage on Global Water Resources with a new price target
$GWRS
Water Supply
Utilities
Janney initiated coverage of Global Water Resources with a rating of Buy and set a new price target of $17.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/19/2022 | $17.00 | Buy | Janney |
| 9/23/2021 | $19.00 → $21.00 | Buy | Roth Capital |
4 - Global Water Resources, Inc. (0001434728) (Issuer)
4 - Global Water Resources, Inc. (0001434728) (Issuer)
4 - Global Water Resources, Inc. (0001434728) (Issuer)
PHOENIX, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q3 2024 Financial Highlights Total revenue decreased 1.5% to $14.3 million, primarily attributable to the recognition of $0.5 million in unregulated revenue related to infrastructure coordination and financing agreements (ICFAs) in the third quarter of 2023 that did not recur in the third
PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, has declared, under its dividend policy a monthly cash dividend in the amount of $0.02508 per common share (an annualized dividend rate of $0.30096 per share). The dividend will be payable on November 27, 2024, to holders of record at the close of business on November 13, 2024. About Global Water Resources Global Water Resources, Inc. is a leading water resource management company that owns and operates 32 systems which provide water, wastewater, and recycled water services. The company's service areas are located primarily in growth corridors aroun
PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, will hold a conference call on Thursday, November 7, 2024 at 1:00 p.m. Eastern time to discuss results for the third quarter ended September 30, 2024. The financial results will be issued in a press release prior to the call. Global Water Resources management will host the presentation, followed by a question-and-answer period. Date: Thursday, November 7, 2024Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)Toll-free dial-in number: 1-833-816-1435International dial-in number: 1-412-317-0527Conference ID: 10193916Webcast (live and replay): here
PHOENIX, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q3 2024 Financial Highlights Total revenue decreased 1.5% to $14.3 million, primarily attributable to the recognition of $0.5 million in unregulated revenue related to infrastructure coordination and financing agreements (ICFAs) in the third quarter of 2023 that did not recur in the third
PHOENIX, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, has declared, under its dividend policy a monthly cash dividend in the amount of $0.02508 per common share (an annualized dividend rate of $0.30096 per share). The dividend will be payable on November 27, 2024, to holders of record at the close of business on November 13, 2024. About Global Water Resources Global Water Resources, Inc. is a leading water resource management company that owns and operates 32 systems which provide water, wastewater, and recycled water services. The company's service areas are located primarily in growth corridors aroun
PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, will hold a conference call on Thursday, November 7, 2024 at 1:00 p.m. Eastern time to discuss results for the third quarter ended September 30, 2024. The financial results will be issued in a press release prior to the call. Global Water Resources management will host the presentation, followed by a question-and-answer period. Date: Thursday, November 7, 2024Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)Toll-free dial-in number: 1-833-816-1435International dial-in number: 1-412-317-0527Conference ID: 10193916Webcast (live and replay): here
4 - Global Water Resources, Inc. (0001434728) (Issuer)
4 - Global Water Resources, Inc. (0001434728) (Issuer)
4 - Global Water Resources, Inc. (0001434728) (Issuer)
PHOENIX, May 10, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc., ("the Company"), (NASDAQ:GWRS), a pure-play water resource management company, announced that the nominees listed in the Proxy Statement, dated March 26, 2024, for the 2024 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company. As of the March 14, 2024 record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 24,175,947 shares of common stock were outstanding and eligible to vote. A total of 20,682,036 shares were voted in person or by proxy at the meeting. The results of the vote for the election of the Directors at the Meeting were as fo
PHOENIX, May 03, 2023 (GLOBE NEWSWIRE) -- Global Water Resources Inc., ("the Company"), (NASDAQ:GWRS), announced that the nominees listed in the Proxy Statement, dated March 25, 2023, for the 2023 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company. As of the March 13, 2023, record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 23,871,046 shares of common stock were outstanding and eligible to vote. A total of 21,041,848 shares were voted in person or by proxy at the meeting. The results of the vote for the election of the Directors at the Meeting were as follows: Votes For% of Total Shares VotedVotes
PHOENIX, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ:GWRS), (TSX:GWR), a pure-play water resource management company, has appointed noted utility industry leader, Chris Krygier, to the new position of chief operations officer. He previously served as the company's chief strategy officer since June 2020. Chris Krygier, COO of Global Water Resources As COO, Krygier will be responsible for Global Water's regulated water and wastewater utility operations across its expanding footprint in Arizona, including continuing to oversee the company's business development and regulatory affairs. Krygier will also continue to lead the company's acquisition and growth initiat
Janney initiated coverage of Global Water Resources with a rating of Buy and set a new price target of $17.00
Roth Capital reiterated coverage of Global Water Resources with a rating of Buy and set a new price target of $21.00 from $19.00 previously
Roth Capital reiterated coverage of Global Water Resources with a rating of Buy and set a new price target of $19.00 from $12.50 previously
SC 13G/A - Global Water Resources, Inc. (0001434728) (Subject)
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10-Q - Global Water Resources, Inc. (0001434728) (Filer)
8-K - Global Water Resources, Inc. (0001434728) (Filer)
8-K - Global Water Resources, Inc. (0001434728) (Filer)
Global Water Resources (NASDAQ:GWRS) reported quarterly earnings of $0.03 per share which met the analyst consensus estimate. This is a 70 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $11.61 million which missed the analyst consensus estimate of $11.70 million by 0.77 percent. This is a 11.56 percent decrease over sales of $13.13 million the same period last year.
Global Water Resources, Inc. (NASDAQ:GWRS), a pure-play water resource management company, has entered into an agreement to acquire seven water systems from the City of Tucson's water utility. The systems are located in and around Pima County where they serve approximately 2,200 customers. Following their acquisition, they would be integrated with existing Global Water utilities in the area.The addition of the new systems will bring the total number of Global Water customers in Pima County to approximately 7,200, of which 5,000 were added from seven acquisitions completed in Pima County over the past four years. These utilities in Pima County comprise Global Water's second largest service ar
Global Water Resources Inc (NASDAQ:GWRS) reported fourth-quarter FY23 sales growth of 11.4% year-on-year to $12.368 million, beating the analyst consensus estimate of $12.00 million. The increase in revenue was primarily driven by an increase in new connections associated with the acquisition of Farmers Water in February 2023. Operating expenses for the quarter grew 8.5% to $10.7 million. Adjusted EBITDA increased 5.9% to $5.8 million. Operating income increased 34.8% to $1.66 million, with an operating margin of 13.4%. Active service connections increased 9.8% to 61,791 as of December 31, 2023. “Our strong financial results were primarily driven by increased rates, and organic g