GWRS
Next earnings: Aug 12, 2026
Signal
Mixed11
Price
1
Move-3.74%Selling pressure
Volume
1
Volume0.8× avgNormal activity
Technical
1
RSIRSI 27Oversold — bounce setup
PRICE
Prev Close
6.96
Open
6.98
Day Range6.70 – 6.98
6.70
6.98
52W Range6.55 – 11.17
6.55
11.17
3% of range
VOLUME & SIZE
Avg Volume
83.9K
FUNDAMENTALS
P/E Ratio
83.8x
Premium valuation
EPS (TTM)
Div Yield
0.02%
Beta
0.59
Low vol
Performance
1D
-3.74%
5D
-6.29%
1M
-13.21%
3M
-27.09%
6M
-24.80%
YTD
-20.71%
1Y
-33.93%
Worst: 1Y (-33.93%)
Quick Read
TrendInsufficient MA data
Momentum
BULLISH
revenue +6% YoY · 58% gross margin
Valuation
EXPENSIVE
P/E 84x vs ~20x sector
Health
WEAK
CR 0.7 (low) · FCF negative
Neutral
Key MetricsTTM
Market Cap$192.72M
Revenue TTM$56.59M
Net Income TTM$2.00M
Free Cash Flow-$41.22M
Gross Margin57.9%
Net Margin3.5%
Operating Margin11.1%
Return on Equity2.4%
Return on Assets0.4%
Debt / Equity0.09
Current Ratio0.68
EPS TTM$0.07
Alpha SignalsFull Analysis →
What Moves This Stock

New housing development activity and building permit trends in Phoenix metro service territories, directly driving customer connection growth (typically 2-4% annually in normal markets)

Arizona Corporation Commission rate case decisions determining allowed ROE, rate base valuation, and revenue requirement adjustments (cases filed every 2-3 years)

Capital deployment efficiency and ability to fund infrastructure investment without excessive equity dilution, given negative free cash flow profile

Water supply reliability and regulatory developments around Colorado River allocations and groundwater management in Arizona

Macro Sensitivity
Economic Cycle

moderate - Revenue exhibits defensive characteristics due to essential service nature and fixed charge components, but growth is cyclically sensitive to residential construction activity in Phoenix metro. Housing starts and building permits directly impact new connection additions, which drive long-term earnings growth. Existing customer base provides stable cash flow through economic downturns, but connection growth can decelerate sharply during housing market contractions as seen in 2008-2012. Volumetric water consumption shows modest correlation to economic activity through commercial/industrial usage.

Interest Rates

High sensitivity through multiple channels: (1) Utility valuation multiples compress when risk-free rates rise as dividend yields become less attractive relative to bonds, (2) Weighted average cost of capital increases with higher debt costs, pressuring ROE spreads and reducing NPV of future rate base investments, (3) Rising mortgage rates dampen housing affordability and new home construction, directly reducing connection growth potential. Debt/equity of 1.47x means refinancing risk exists, though regulated utilities typically maintain investment-grade access. Current negative FCF requires ongoing capital markets access where rate environment matters significantly.

Key Risks

Colorado River water supply constraints and potential groundwater pumping restrictions in Arizona could require expensive alternative supply development or limit service territory expansion in a structurally water-scarce region

Regulatory risk from Arizona Corporation Commission rate case outcomes that may not fully recover invested capital costs or authorize adequate ROEs, particularly during periods of political pressure on utility rates

Climate change impacts including prolonged drought conditions, extreme heat affecting infrastructure, and potential for more stringent conservation mandates reducing volumetric consumption

Investor Profile

dividend-income - Small-cap regulated utility attracts income-focused investors seeking yield (though dividend sustainability depends on capital access given negative FCF) and exposure to Phoenix population growth themes. Value investors may be drawn to regulated asset base trading below larger utility peers' multiples, while growth investors focus on above-average connection growth potential in high-growth Arizona markets. Limited institutional ownership due to small market cap and liquidity constraints.

Watch on Earnings
Phoenix metro area housing starts and building permit issuance (PERMIT series) as leading indicator of connection growth potential30-year fixed mortgage rates (MORTGAGE30US) affecting housing affordability and new home construction demand10-year Treasury yields (GS10) as proxy for utility sector valuation multiples and cost of capitalArizona Corporation Commission rate case filings and decisions on allowed ROE and rate base treatment
Health Radar
1 strong5 concern
24/100
Liquidity
0.68Concern
Leverage
0.09Strong
Coverage
1.0xConcern
ROE
2.4%Concern
ROIC
1.0%Concern
Cash
$4MConcern
ANALYST COVERAGE4 analysts
BUY
+86.6%upside to target
Buy
250%
Hold
250%
2 Buy (50%)2 Hold (50%)0 Sell (0%)
Full report →
Stock Health
Composite Score
2 of 5 signals bullish
4/10
Technicals
RSI RangeRSI 27 — Oversold, watch for bounce
~
Volume
Volume FlowDistribution — institutional selling
Fundamentals
Last EarningsBeat estimates
Analyst ConsensusBuy
LiquidityCurrent Ratio 0.68 — liquidity risk
Upcoming Events
EEarnings ReportMay 18, 2026
Tomorrow
DEx-Dividend DateAug 14, 2026
In 89 days
PDividend PaymentAug 31, 2026
In 106 days
Technicals
Technical SetupBEARISH
Technicals →

Trend

DowntrendDeath Cross · 50D trails 200D by 15.1%

-11.7% vs SMA 50 · -25.1% vs SMA 200

Momentum

RSI27.2
Oversold — potential bounce
MACD-0.24
Below zero — bearish pulse · compressing
Market Position
Price Levels
52W High
$11.17+66.7%
EMA 200
$8.79+31.2%
EMA 50
$7.57+13.1%
Current
$6.70
52W Low
$6.55-2.2%
52-Week RangeNear 52-week low
$6.553th %ile$11.17
Squeeze SetupVolume-based
Distribution Pressure

Heavy distribution on elevated volume — institutions appear to be exiting. Squeeze setups unlikely while selling pressure persists.

20-Day Money Flow
Acc days:2
Dist days:4
Edge:+2 dist
Volume Context
Avg Vol (50D)90K
Recent Vol (5D)
116K+28%

Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.

Earnings & Analysts

ANALYST ESTIMATES

Consensus of 2 analysts
Analyst revisions:EPS↑ Revised UpRevenue↓ Revised Down

Analyst consensus estimates · Actuals replace estimates as reported

YearRevenue Est.Rev GthEPS Est.EPS GthRangeAnalysts
FY2024
$52.4M
$51.8M$53.0M
$0.28
±7%
Low2
FY2025
$55.9M
$55.8M$56.1M
+6.7%$0.17-37.5%
±0%
Low1
FY2026(current)
$58.3M
$58.2M$58.5M
+4.3%$0.06-65.7%
±0%
Low1
Range confidence:Tight (high)ModerateWide (low)
Earnings HistoryGWRS
Last 8Q
-16.7%avg beat
Beat 2 of 8 quartersMissed 4 Estimates falling
-12%
Q3'24
+9%
Q4'24
-33%
Q1'25
Q2'25
Q3'25
-22%
Q4'25
-125%
Q1'26
+50%
Q2'26
Beat
Miss
Estimate
Deeper color = bigger beat/miss
* Negative EPS shown at reduced height
Insider Activity
SEC Filings →
1 Buy/0 SellsNet Buying
Cohn Andrew M.Dir
$132K
Mar 13
BUY
Financials
Dividends4.54% yield
2 yrs of payments
Annual Yield4.54%
Monthly Div.$0.0253
Est. Annual / Share$0.30
FrequencyMonthly
Q4'25
Q4'25
Q4'25
Q1'26
Q1'26
Q1'26
Q2'26
Q2'26

Dividend per payment — last 8 periods

INSTITUTIONAL OWNERSHIP

1
Handelsbanken Fonder AB
1.3M
2
TSP Capital Management Group, LLC
1.2M
3
HEARTLAND ADVISORS INC
831K
4
BlackRock, Inc.
627K
5
North Star Investment Management Corp.
415K
6
GEODE CAPITAL MANAGEMENT, LLC
348K
7
Redmond Asset Management, LLC
330K
8
WELLS FARGO & COMPANY/MN
311K
News & Activity

GWRS News

About

Global Water Resources, Inc. is a leading water resource management company that owns and operates 12 utilities which provide water, wastewater, and recycled water services. The company's service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually. The company has been recognized for its highly-effective implementation of Total Water Management (TWM), an integrated approach to managing the entire water cycle by owning and operating water, wastewater and recycled water utilities within the same geographic area to maximize the beneficial use of recycled water. TWM conserves water by using the right water for the right use and helps protect water supplies in water-scarce areas experiencing population growth.

Sector
Industry
Water Supply and Irrigation Systems
John Carroll LenderkingSenior Vice President of Water Resources & Legislative Affairs
Jonathan C. CorwinVice President & GM
Michael J. LiebmanSenior Vice President, Chief Financial Officer & Corporate Secretary
PeersUtilities(7 companies)
Screen sector →
SymbolPriceDay %Mkt CapP/ERev GrwMarginELO
GWRS
$6.70-3.74%$193M96.3+581.9%530.3%1500
$1049.23-3.79%$281.9B30.1+894.3%1283.0%1527
$93.36-2.42%$194.7B23.8+1100.1%2487.3%1511
$92.55-1.21%$104.3B23.8+1058.6%1468.9%1503
$120.95-2.70%$94.3B18.3+619.3%1541.1%1498
$267.20-2.93%$83.4B35.9+833.8%908.2%1493
$125.15-2.68%$68.1B18.6+937.2%1643.5%1506
Sector avg-2.78%35.3+860.7%1408.9%1505