Did they just beat EPS? Global Water Resources (NASDAQ:GWRS)

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Earnings results for Global Water Resources (NASDAQ:GWRS)

Global Water Resources, Inc. is expected* to report earnings on 11/06/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.05. The reported EPS for the same quarter last year was $0.05.

Global Water Resources last posted its earnings results on August 5th, 2020. The utilities provider reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The company earned $9.89 million during the quarter, compared to analyst estimates of $9.40 million. Global Water Resources has generated $0.10 earnings per share over the last year and currently has a price-to-earnings ratio of 1,100.0. Global Water Resources has confirmed that its next quarterly earnings report will be published on Friday, November 6th, 2020.

Analyst Opinion on Global Water Resources (NASDAQ:GWRS)

Dividend Strength: Global Water Resources (NASDAQ:GWRS)

Global Water Resources pays a meaningful dividend of 2.71%, higher than the bottom 25% of all stocks that pay dividends. Global Water Resources has only been increasing its dividend for 4 years. The dividend payout ratio of Global Water Resources is 290.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Global Water Resources will have a dividend payout ratio of 263.64% in the coming year. This indicates that Global Water Resources may not be able to sustain their current dividend.

Insiders buying/selling: Global Water Resources (NASDAQ:GWRS)

In the past three months, Global Water Resources insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $17,782.00 in company stock and sold $0.00 in company stock. Only 8.10% of the stock of Global Water Resources is held by insiders. 37.56% of the stock of Global Water Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Global Water Resources (NASDAQ:GWRS

Earnings for Global Water Resources are expected to remain at $0.11 per share in the coming year. The P/E ratio of Global Water Resources is 1,100.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.72. The P/E ratio of Global Water Resources is 1,100.00, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 21.54. Global Water Resources has a PEG Ratio of 6.42. PEG Ratios above 1 indicate that a company could be overvalued. Global Water Resources has a P/B Ratio of 10.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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