GLOBAL WATER RESOURCES INC (GWRS)
Utilities · Water Utilities · NASDAQ
A water resource management utility focused on sustainable, technology-driven water and wastewater services in the high-growth Arizona market.
What GLOBAL WATER RESOURCES INC does
Global Water Resources, Inc. is a water resource management company that owns, operates, and manages water, wastewater, and recycled water public utility systems. It primarily operates in the metropolitan Phoenix and Tucson, Arizona areas using an integrated approach called "Total Water Management," which focuses on recycled water, regional planning, and advanced technology. The company serves over 121,000 people across more than 40,000 homes.
Recent developments
In April 2026, the company filed a settlement agreement with the Arizona Corporation Commission (ACC) to resolve rate cases for its GW-Santa Cruz and GW-Palo Verde utilities, including a $2.3 million annual revenue increase for GW-Santa Cruz. Additionally, the company reported a 24.8% YoY revenue increase in Q2 2026, driven by recent acquisitions, infrastructure coordination revenue, and organic growth.
From GLOBAL WATER RESOURCES INC's filing of 2026-08-13.
Themes: water infrastructure, sustainable water management, Arizona population growth, utility rate regulation, water recycling / reuse
Fundamentals
- Price$8.16 as of 2026-10-08 close
- Market cap$235M as of 2026-08-07 (share count; price 2026-10-08)
- 1-year return-24.2% 2025-10-08 close $10.77 → 2026-10-08 close $8.16
- P/E109.09 as of 2026-10-08
- Net margin+5.3% FY2025, SEC XBRL
- ROE+3.4% FY2025, SEC XBRL
- Debt / equity1.60 as of 2026-09-03
- Revenue growth (YoY)+5.7% as of 2026-09-03
- Revenue CAGR (3y)+7.6% SEC XBRL
- Beta0.47 as of 2026-09-03
- Last reported earnings2026-08-13 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +4.2%; 10-year non-decreasing per-share dividend streak (SEC XBRL).
How GWRS compares in its sector
- price-to-earnings ratiotop 10% 67 covered Utilities peers, as of 2026-10-08
- net profit marginbottom 25% 65 covered Utilities peers, as of 2026-09-03
- operating marginbottom 25% 62 covered Utilities peers, as of 2026-09-03
- return on equitybottom 10% 72 covered Utilities peers, as of 2026-09-03
- 3-year revenue CAGRtop 25% 70 covered Utilities peers
- indicated dividend yieldtop 25% 67 covered Utilities peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)middle range 57 covered Utilities peers, as of FY2025
Position among covered Utilities companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, GWRS's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 277%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout277% dividends / net income
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How GLOBAL WATER RESOURCES INC looks technically
GLOBAL WATER RESOURCES INC (GWRS) is trading 2.7% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 19 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 11 trading days ago. It is 26.9% below its highest point of the past year.
Trend
9
| Distance from the 200-day | it is trading 2.7% above its 200-day average, the long-term trend line — a longer-term uptrend | +2.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $8.36 | $8.36 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $7.95 | $7.95 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 14 calendar days ago — the swings before that are what the structure reading is measured on | 14 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five; the labelling fails if price closes below 7.78. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible upward five-wave sequence, in wave 5 (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 19 trading days ago — a "golden cross", a bullish long-term signal | 19 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 2.7% above | +2.7% |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend) | 20.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 45.8 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($7.78 to $8.54) — its "stochastic" reading is 50 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 50.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 27 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $11.17 | $11.17 |
|---|---|---|
| From the 52-week high | it is 26.9% below its 52-week high (its highest price of the past year) | -26.9% |
| Above the 52-week low | it is 24.6% above its 52-week low (its lowest price of the past year) | +24.6% |
| Below the 52-week high | it is 26.9% below its highest point of the past year | 26.9% |
| Since a 20-day breakout | it made a new 20-day low about 11 trading days ago | 11 sessions |
| Since a 55-day breakout | it made a new 55-day high about 32 trading days ago | 32 sessions |
| All-time high | its highest closing price on record is $21.25 (set on 2021-08-16) | $21.25 |
| Given back of the 52-week move | over the past year its closes ranged ($6.66 to $10.99), and it has recovered roughly a third of its fall from last year’s high — 35% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $9.34 to $9.47. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 34.6% |
| From the all-time high | it is 61.6% below its all-time high | -61.6% |
| Nearest price level | it is trading 1.7% below a resistance level at $8.30 — a price it turned at three times since 2025-11-19, most recently on 2026-01-07. Since 2024-10-08 it has 2 such levels below the current price and 10 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.7% |
| All-time low | its lowest closing price on record is $6.23 (set on 2016-05-04) | $6.23 |
| Above the all-time low | it is 31.0% above its all-time low | +31.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 56th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.233 between its high and its low — about 2.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.233 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $7.70 and $8.81 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $7.70 – $8.25 – $8.81 |
| Typical daily range (% of price) | its price moves about 2.9% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.9% |
| Stretch from the 200-day average | it is trading 0.9 daily ranges above its 200-day average price (2.7% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.9 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.64× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-10-08 at essentially the same price it closed at the session before — no meaningful overnight gap | 0.0% |
|---|---|---|
| Gap filled | a 4.5% gap up opened on 2026-08-24 has been "filled" 26 sessions ago — price traded back through the level the gap left behind, and it took 6 sessions to close | 26 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 3 sessions in a row, a +1.87% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 3 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 8.4 percentage points (the stock lost 7.4% while the market gained 1.0%) | -8.4% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 13.6 percentage points (the stock gained 17.4% while the market gained 3.8%) | +13.6% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 11.1 percentage points (the stock gained 6.4% while the market gained 17.5%) | -11.1% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 39.2 percentage points (the stock lost 24.2% while the market gained 15.0%) | -39.2% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bearish state: MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.3% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 6.8% of the share price. | -0.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 5% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $7.79 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | +4.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% below the average price paid since it last reported on 2026-08-13 (its 10-Q), so the typical buyer over that stretch is under water. That average is $8.70 — a volume-weighted average of daily closes over 40 sessions, not a true tick-by-tick VWAP. | -6.2% |
Price levels it has turned at before
GWRS last closed at $8.16 on 2026-10-08. Since 2024-10-08 it has turned at 2 prices below its last close and 10 above; the 2 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $8.30 | Resistance | 1.7% above the last close | turned there three times · 2025-11-19 to 2026-01-07 |
| $7.78 | Support | 4.6% below the last close | turned there six times · 2026-03-20 to 2026-09-24 |
| $8.73 | Resistance | 7.0% above the last close | turned there twice · 2025-12-17 to 2026-02-19 |
| $7.42 | Support | 9.1% below the last close | turned there twice · 2026-06-26 to 2026-07-16 |
| $8.94 | Resistance | 9.5% above the last close | turned there twice · 2025-12-05 to 2026-01-15 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five.
This labelling fails — stops being a possible reading at all — if it closes below $7.78.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $8.27 and $9.05 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
This reading has stood for 6 trading days, since 2026-10-01.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Recent golden cross (50-day crossed above 200-day) · Tested and reclaimed 200-day support · Pulled back from the 12-month high · lagging the market · Printed a doji candle | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$10.30 range $8.10 – $12.50
Analyst estimates, as of 2026-10-09. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for GWRS
- Consensus EPS estimate$0.05 next reporting period, as of 2026-10-09
- Estimate change, 30 days$0.00 from $0.05, on 2026-09-04, 35-day window
- Readings revised upward0% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Heavy dependence on regulatory approval from the Arizona Corporation Commission (ACC) for rate adjustments to recover costs.","Operating in arid regions with significant constraints on fresh water availability, groundwater overdraft, and potential climate/drought risks.","High capital expenditure requirements to maintain aging infrastructure and support service area growth."]
What changed in the latest 10-Q
AI-assisted comparison of GWRS's 10-Q filed 2026-08-13 against the prior one filed 2026-05-13.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-08-13) states the MD&A relates to the three and six months ended June 30, 2026.
- Newer filing (2026-08-13) reports year-over-year organic increase in active connections of 2.7% as of June 30, 2026.
- Newer filing (2026-08-13) attributes population projections to the Arizona Office of Economic Opportunity, stating the Phoenix metropolitan area will have a population of 5.7 million by 2030 and 6.3 million by 2040.
- Newer filing (2026-08-13) adds statewide employment projections from the Arizona Office of Economic Opportunity: approximately 3.5 million jobs in 2024 increasing to approximately 4.0 million jobs in 2034, an increase of approximately 0.5 million jobs, or average annual growth rate of 1.2%, compared with projected annual employment growth of 0.3% for the United States.
- Newer filing (2026-08-13) states that construction on the State Route 347 Improvement Project began in June 2026.
- Removed:
- Older filing (2026-05-13) states the MD&A relates to the three months ended March 31, 2026.
- Older filing (2026-05-13) reports year-over-year organic increase in active connections of 2.6% as of March 31, 2026.
- Older filing (2026-05-13) attributes population projections to the Employment and Population Statistics Department of the State of Arizona, stating the Phoenix metropolitan area will have a population of 5.8 million by 2030 and 6.5 million by 2040.
- Older filing (2026-05-13) states the median home sales price in the City of Maricopa as of March 2026 was 26% lower than in the City of Phoenix.
- Older filing (2026-05-13) states preparation work for construction on the State Route 347 Improvement Project started in April 2026, with construction expected to commence this summer.
- Reworded:
- Reporting period changed from 'three months ended March 31, 2026' (older, 2026-05-13) to 'three and six months ended June 30, 2026' (newer, 2026-08-13).
- Organic active connection growth percentage and as-of date changed from 2.6% as of March 31, 2026 (older, 2026-05-13) to 2.7% as of June 30, 2026 (newer, 2026-08-13).
- Source and figures for Phoenix MSA population projections changed: from 'Employment and Population Statistics Department of the State of Arizona' predicting 5.8 million by 2030 and 6.5 million by 2040 (older, 2026-05-13), to 'Arizona Office of Economic Opportunity' predicting 5.7 million by 2030 and 6.3 million by 2040 (newer, 2026-08-13).
- Median home sales price comparison date and percentage changed: from March 2026 at 26% lower (older, 2026-05-13) to June 2026 at 25% lower (newer, 2026-08-13).
- State Route 347 Improvement Project status changed from preparation work started in April 2026 with construction expected to commence this summer (older, 2026-05-13) to construction began in June 2026 (newer, 2026-08-13).
- Notes:
- The newer filing text as provided is truncated at the end: the final sentence about monitoring macroeconomic environment is cut off mid-sentence ('such as the i'), so additional changes beyond that point, if any, cannot be assessed.
- Both filings contain identical cautionary forward-looking statements and overview sections with no substantive differences identified in those portions.
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
2 open-market purchases and 0 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-042 buys ($7M) · 0 sells — 2 buying insiders
- Last 180 days · read to 2026-10-049 buys ($7M) · 0 sells — 5 buying insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of GWRS within a 30-day window between 2026-05-19 and 2026-05-20. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-20. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about GWRS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding GWRS as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 1,167,983
- Reported value $8,456,196
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about GWRS's institutional holders → See what each manager we track holds →
Short interest (FINRA)
GWRS had 419,784 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
GWRS had 1.46% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.85 days to cover at the same settlement.
- Reported short interest (shares) 419,784
- Short interest (% of shares outstanding) 1.46%
- Prior settlement (shares) 393,153
- Reported change 6.77%
- Days to cover (reported) 5.85
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- American Water Works (AWK)
- Essential Utilities (WTRG)
- California Water Service Group (CWT)
- SJW Group (SJW)
- Middlesex Water Company (MSEX)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does GLOBAL WATER RESOURCES INC (GWRS) do?
Global Water Resources, Inc. is a water resource management company that owns, operates, and manages water, wastewater, and recycled water public utility systems. It primarily operates in the metropolitan Phoenix and Tucson, Arizona areas using an integrated approach called "Total Water Management," which focuses on recycled water, regional planning, and advanced technology. The company serves over 121,000 people across more than 40,000 homes.
What sector is GLOBAL WATER RESOURCES INC (GWRS) in?
GLOBAL WATER RESOURCES INC (GWRS) is classified in the Utilities sector. Its industry is Water Utilities. It trades on NASDAQ.
Does GWRS pay a dividend?
Yes — GLOBAL WATER RESOURCES INC (GWRS) pays a dividend, with an indicated yield of about 4.24% and 10-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-03). Informational only — not financial advice.
Who are GLOBAL WATER RESOURCES INC's (GWRS) competitors?
Notable peers of GLOBAL WATER RESOURCES INC (GWRS) include American Water Works, Essential Utilities, California Water Service Group, SJW Group and Middlesex Water Company. This peer set is informational only — not financial advice.
Is GLOBAL WATER RESOURCES INC (GWRS) overbought or oversold right now?
GLOBAL WATER RESOURCES INC (GWRS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on GWRS come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.