GWRS
Global Water Resources, Inc.
NasdaqGMUSDEQUITY
Utilities
DELAYED
Last price
9.20
▲ 0.33 (3.72%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
8.87
Prev close
8.87
Day high
8.90
Day low
8.77
Volume
65.85K
Market cap
$255.70M
P/E (TTM)
80.73
52W range
6.55 – 11.17
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
15.13M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 30, 26 | CORWIN JONATHAN C Officer |
— | 132 | — | Direct |
| Jun 30, 26 | LENDERKING JOHN CARROLL Officer |
— | 276 | — | Direct |
| Jun 30, 26 | KRYGIER CHRISTOPHER D Chief Operating Officer |
— | 1.47K | — | Direct |
| Jun 30, 26 | LIEBMAN MICHAEL J Chief Financial Officer |
— | 2.93K | — | Direct |
| Jun 30, 26 | FLEMING RONNIE L Chief Executive Officer |
— | 4.58K | — | Direct |
| May 20, 26 | LIEBMAN MICHAEL J Chief Financial Officer |
BUY | 7.00K | $48.26K | Indirect |
| May 20, 26 | KRYGIER CHRISTOPHER D Chief Operating Officer |
BUY | 5.39K | $37.00K | Indirect |
| May 20, 26 | STEELE CHRISTA Director |
STOCK | 1.49K | $10.35K | Direct |
| May 20, 26 | ALEXANDER RICHARD M Director |
STOCK | 1.91K | $13.29K | Direct |
| May 20, 26 | HUCKELBRIDGE BRETT D. Director |
STOCK | 1.34K | $9.35K | Direct |
| May 20, 26 | ROUSSEAU DAVID Director |
STOCK | 1.48K | $10.32K | Direct |
| May 20, 26 | COHN ANDREW M Director |
STOCK | 1.02K | $7.13K | Direct |
| May 20, 26 | LEVINE JONATHAN L Director |
STOCK | 1.02K | $7.13K | Indirect |
| May 19, 26 | LENDERKING JOHN CARROLL Officer |
BUY | 700 | $4.79K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ALEXANDER RICHARD M |
Director | 49.56K | Stock Award(Grant) |
COHN ANDREW M |
Director | 2.60M | Stock Award(Grant) |
CORWIN JONATHAN C |
Officer | 14.01K | Conversion of Exercise of derivative security |
COY DEBRA GAINER |
Director | 24.50K | Conversion of Exercise of derivative security |
ELLSWORTH JOANNE |
Officer | 17.56K | Conversion of Exercise of derivative security |
FLEMING RONNIE L |
Chief Executive Officer | 108.99K | Conversion of Exercise of derivative security |
HUCKELBRIDGE BRETT D. |
Director | 10.65K | Stock Award(Grant) |
KRYGIER CHRISTOPHER D |
Chief Operating Officer | 43.27K | Conversion of Exercise of derivative security |
LEVINE JONATHAN L |
Director | — | Stock Award(Grant) |
LIEBMAN MICHAEL J |
Chief Financial Officer | 96.06K | Conversion of Exercise of derivative security |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
7.50
-15.5% from spot
ATM implied vol
276.6%
Nearest strike to spot
Skew (10% OTM)
-209.4%
Calls bid over puts
Call volume
0
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
7.50
51 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
+3.26%
+4.6%
1M
+24.20%
+20.5%
3M
+27.04%
+23.9%
6M
-0.45%
-11.5%
YTD
+5.09%
-7.2%
1Y
-8.45%
-28.5%
3Y
-19.35%
-93.5%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$255.70M
Enterprise value$395.99M
Revenue (TTM)$60.11M
Gross profit$43.23M
EBITDA$25.19M
Net income$3.13M
EPS (TTM)$0.11
Free cash flow$-27.01M
Total cash$1.46M
Total debt$141.74M
Book value / share$2.95
Shares outstanding28.80M
Float13.61M
Short % of float2.64%
Dividend yield3.43%
Beta (5Y)0.89
Short interest
Shares short
361.50K
Prior 357.86K
Change vs prior
+1.0%
Shorts adding
% of float
2.64%
Normal
% of shares out
1.26%
Against total outstanding
Days to cover
4.1
Liquid
Float
13.61M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E80.73
Forward P/E68.31
PEG ratio2.75
Price / sales—
Price / book3.01
EV / revenue6.59
EV / EBITDA15.72
Gross margin71.91%
Operating margin25.36%
Profit margin5.21%
Return on equity3.88%
Return on assets1.09%
Debt / equity167.06
Current ratio0.68
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $55.76M | $52.69M | $53.03M | $44.73M | +5.8% |
| Operating revenue | $55.76M | $52.69M | $53.03M | $44.73M | +5.8% |
| Cost of revenue | $15.75M | $13.73M | $12.67M | $10.89M | +14.7% |
| Gross profit | $40.01M | $38.97M | $40.36M | $33.84M | +2.7% |
| Selling, general & admin | $17.86M | $16.88M | $16.64M | $16.13M | +5.8% |
| Total operating expense | $32.85M | $29.60M | $28.07M | $26.02M | +11.0% |
| Operating income | $7.16M | $9.36M | $12.29M | $7.82M | -23.6% |
| Net interest income | -$5.52M | -$5.15M | -$4.83M | -$4.69M | -7.1% |
| Pre-tax income | $3.98M | $7.86M | $10.85M | $6.44M | -49.3% |
| Tax provision | $1.03M | $2.07M | $2.87M | $934.00K | -50.5% |
| Net income | $2.96M | $5.79M | $7.98M | $5.51M | -48.9% |
| Net income to common | $2.96M | $5.79M | $7.98M | $5.51M | -48.9% |
| Basic EPS | 0.11 | 0.24 | 0.33 | 0.24 | -54.2% |
| Diluted EPS | 0.11 | 0.24 | 0.33 | 0.24 | -54.2% |
| EBIT | $9.95M | $13.96M | $15.74M | $11.20M | -28.7% |
| EBITDA | $24.95M | $26.68M | $27.50M | $21.27M | -6.5% |
| Basic shares | 27.03M | 24.20M | 24.04M | 23.17M | +11.7% |
| Diluted shares | 27.08M | 24.30M | 24.13M | 23.33M | +11.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $4.08M | $9.05M | $3.09M | $6.56M | -54.9% |
| Cash & short-term investments | $4.08M | $9.05M | $3.09M | $6.56M | -54.9% |
| Accounts receivable | $3.75M | $3.23M | $3.39M | $2.60M | +15.9% |
| Total current assets | $14.62M | $19.47M | $11.72M | $14.16M | -24.9% |
| Property, plant & equipment | $442.27M | $361.54M | $325.06M | $289.63M | +22.3% |
| Goodwill & intangibles | $16.14M | $17.91M | $19.66M | $15.10M | -9.9% |
| Total assets | $482.91M | $405.14M | $361.10M | $323.09M | +19.2% |
| Total current liabilities | $19.23M | $22.26M | $14.22M | $16.25M | -13.6% |
| Current debt | $3.94M | $3.93M | $3.88M | $3.83M | +0.4% |
| Long-term debt | $129.76M | $118.52M | $103.66M | $104.94M | +9.5% |
| Total debt | $138.29M | $124.77M | $109.46M | $110.90M | +10.8% |
| Total liabilities | $396.30M | $357.53M | $312.48M | $278.69M | +10.8% |
| Retained earnings | -$961.00K | $0 | $797.00K | $0 | — |
| Shareholder equity | $86.62M | $47.60M | $48.62M | $44.40M | +82.0% |
| Working capital | -$4.60M | -$2.79M | -$2.49M | -$2.09M | -65.0% |
| Net tangible assets | $70.47M | $29.69M | $28.96M | $29.30M | +137.4% |
| Shares issued | 29.12M | 24.57M | 24.49M | 24.10M | +18.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $2.96M | $5.79M | $7.98M | $5.51M | -48.9% |
| Depreciation & amortisation | $15.00M | $12.72M | $11.76M | $10.07M | +17.9% |
| Stock-based compensation | $861.00K | $1.03M | $1.32M | $1.53M | -16.3% |
| Change in working capital | $578.00K | $848.00K | $1.88M | $4.71M | -31.8% |
| Operating cash flow | $20.17M | $21.79M | $25.39M | $23.34M | -7.4% |
| Capital expenditure | -$67.32M | -$32.32M | -$22.31M | -$33.98M | -108.3% |
| Investing cash flow | -$75.42M | -$32.48M | -$28.60M | -$34.19M | -132.2% |
| Dividends paid | -$8.20M | -$7.30M | -$7.18M | -$6.89M | -12.4% |
| Financing cash flow | $50.93M | $17.09M | $406.00K | $4.97M | +198.1% |
| Free cash flow | -$47.15M | -$10.54M | $3.08M | -$10.65M | -347.4% |
| End cash position | $6.83M | $11.16M | $4.76M | $7.56M | -38.7% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $13.29M | $13.54M | $15.52M | $14.24M | $12.46M | -1.9% |
| Operating revenue | $13.29M | $13.54M | $15.52M | $14.24M | $12.46M | -1.9% |
| Cost of revenue | $4.18M | $4.02M | $4.12M | $3.92M | $3.69M | +4.0% |
| Gross profit | $9.10M | $9.52M | $11.40M | $10.32M | $8.77M | -4.4% |
| Selling, general & admin | $4.45M | $4.36M | $4.92M | $4.39M | $4.19M | +2.1% |
| Total operating expense | $8.71M | $9.16M | $8.47M | $7.70M | $7.51M | -4.9% |
| Operating income | $389.00K | $359.00K | $2.92M | $2.62M | $1.25M | +8.4% |
| Net interest income | -$1.61M | -$1.41M | -$1.45M | -$1.28M | -$1.38M | -13.9% |
| Pre-tax income | -$471.00K | -$1.38M | $2.36M | $2.23M | $774.00K | +65.8% |
| Tax provision | -$105.00K | -$414.00K | $640.00K | $617.00K | $183.00K | +74.6% |
| Net income | -$366.00K | -$963.00K | $1.72M | $1.61M | $591.00K | +62.0% |
| Net income to common | -$366.00K | -$963.00K | $1.72M | $1.61M | $591.00K | +62.0% |
| Basic EPS | -0.01 | — | 0.06 | 0.06 | 0.02 | — |
| Diluted EPS | -0.01 | — | 0.06 | 0.06 | 0.02 | — |
| EBIT | $1.18M | $123.00K | $3.85M | $3.73M | $2.25M | +858.5% |
| EBITDA | $5.44M | $4.92M | $7.40M | $7.04M | $5.58M | +10.5% |
| Basic shares | 28.76M | — | 27.48M | 27.46M | 24.37M | — |
| Diluted shares | 28.76M | — | 27.51M | 27.50M | 24.43M | — |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.80M | $4.08M | $15.26M | $10.22M | $31.47M | -55.9% |
| Cash & short-term investments | $1.80M | $4.08M | $15.26M | $10.22M | $31.47M | -55.9% |
| Accounts receivable | $3.42M | $3.75M | $3.77M | $3.83M | $3.30M | -8.8% |
| Total current assets | $13.42M | $14.62M | $25.04M | $21.82M | $39.89M | -8.2% |
| Property, plant & equipment | $449.20M | $442.27M | $431.16M | $403.51M | $380.26M | +1.6% |
| Goodwill & intangibles | $12.45M | $16.14M | $14.99M | $14.76M | $14.95M | -22.9% |
| Total assets | $485.09M | $482.91M | $480.65M | $449.38M | $443.92M | +0.5% |
| Total current liabilities | $19.83M | $19.23M | $21.20M | $20.01M | $25.72M | +3.1% |
| Current debt | $3.94M | $3.94M | $3.94M | $3.94M | $3.56M | +0.1% |
| Long-term debt | $130.75M | $129.76M | $123.65M | $116.80M | $118.88M | +0.8% |
| Total debt | $139.07M | $138.29M | $131.94M | $123.20M | $124.61M | +0.6% |
| Total liabilities | $400.86M | $396.30M | $391.03M | $372.64M | $366.70M | +1.2% |
| Retained earnings | -$1.33M | -$961.00K | $0 | $0 | $0 | -38.1% |
| Shareholder equity | $84.23M | $86.62M | $89.63M | $76.74M | $77.22M | -2.8% |
| Working capital | -$6.41M | -$4.60M | $3.83M | $1.82M | $14.17M | -39.3% |
| Net tangible assets | $71.78M | $70.47M | $74.64M | $61.98M | $62.26M | +1.9% |
| Shares issued | 29.12M | 29.12M | 29.11M | 27.83M | 27.80M | +0.0% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$366.00K | -$963.00K | $1.72M | $1.61M | $591.00K | +62.0% |
| Depreciation & amortisation | $4.26M | $4.80M | $3.56M | $3.32M | $3.33M | -11.2% |
| Stock-based compensation | $183.00K | $146.00K | $435.00K | $106.00K | $174.00K | +25.3% |
| Change in working capital | $526.00K | -$2.04M | $2.72M | -$3.42M | $3.32M | +125.8% |
| Operating cash flow | $4.47M | $2.69M | $8.65M | $1.35M | $7.48M | +66.2% |
| Capital expenditure | -$6.28M | -$17.69M | -$14.23M | -$20.18M | -$15.22M | +64.5% |
| Investing cash flow | -$6.28M | -$17.69M | -$22.33M | -$20.18M | -$15.22M | +64.5% |
| Dividends paid | -$2.19M | -$2.19M | -$2.09M | -$2.09M | -$1.84M | -0.0% |
| Financing cash flow | -$161.00K | $4.26M | $18.88M | -$1.97M | $29.76M | -103.8% |
| Free cash flow | -$1.80M | -$15.00M | -$5.58M | -$18.83M | -$7.74M | +88.0% |
| End cash position | $4.87M | $6.83M | $17.57M | $12.38M | $33.17M | -28.7% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.03 | 0.04 | +33.3% |
| Mar 2026 | -0.02 | -0.01 | +50.0% |
| Dec 2025 | 0.04 | -0.01 | -125.8% |
| Sep 2025 | 0.07 | 0.07 | -4.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.05 | 1 | $16.10M | +3.7% |
| Next quarter | 0.01 | 1 | $14.30M | +5.6% |
| Current year | 0.09 | 1 | $61.50M | +10.3% |
| Next year | 0.13 | 1 | $62.03M | +0.9% |
Analyst targets & ownership
Mean target$9.80
High target$12.50
Low target$7.10
Implied upside6.52%
Analyst count2
ConsensusBUY
Strong buy / Buy0 / 1
Hold1
Sell / Strong sell0 / 0
Held by insiders52.53%
Held by institutions28.20%
Institutions holding148
Price targets, consensus spread, insider and institutional ownership.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 5, 26 | Freedom Broker | DOWNGRADE | Buy | Hold |
| Dec 4, 25 | Freedom Broker | UPGRADE | Hold | Buy |
| Nov 13, 25 | Freedom Broker | DOWNGRADE | Buy | Hold |
| Oct 14, 25 | Freedom Broker | UPGRADE | Hold | Buy |
| Sep 19, 22 | Janney Montgomery Scott | INITIATED | — | Buy |
| Sep 23, 21 | Roth Capital | MAINTAINED | — | Buy |
Moving averages & technicals
SMA 10
8.44
+9.02% from price
SMA 20
7.91
+12.33% from price
SMA 50
7.41
+19.87% from price
SMA 100
7.35
+25.12% from price
SMA 200
7.97
+11.43% from price
EMA 12
8.40
+9.50% from price
EMA 26
7.95
+15.73% from price
EMA 50
7.65
+20.21% from price
RSI (14)
71.2
Overbought
MACD (12,26,9)
0.45
Hist 0.13
ATR (14)
0.35
3.90% of price
Realised vol 30D
52.7%
Annualised
Bollinger upper
9.28
20, 2σ
Bollinger lower
6.53
20, 2σ
50 / 200 cross
Death
7.41 vs 7.97
Trend bias
Above 200
+11.43%
Risk profile
Beta vs SPY
0.54
Less volatile than market
Correlation to SPY
0.18
Largely independent
Realised vol 30D
52.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-39.4%
Peak to trough
Max drawdown 5Y
-67.4%
Peak to trough
ATR 14
0.35
3.90% of price
Beta (reported)
0.89
5Y monthly, from filing
Dividends & splits
Forward rate$0.30 / yr
Forward yield3.43%
5-year avg yield2.52%
Payout ratio276.33%
Ex-dividend dateAug 17, 2026
Next pay dateAug 31, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-21
Corporate Changes & Voting Matters
8-K · 2026-08-13
Offering Registrations
S-3 · 2026-08-07
Corporate Changes & Voting Matters
8-K · 2026-05-18
Corporate Changes & Voting Matters
8-K · 2026-05-13
Corporate Changes & Voting Matters
8-K · 2026-05-04
Corporate Changes & Voting Matters
8-K · 2026-04-30
Corporate Changes & Voting Matters
8-K · 2026-04-15
Headlines
Are Utilities Stocks Lagging Evergy (EVRG) This Year?
Zacks · 3d ago
Global Water Resources Inc (GWRS) (Q2 2026) Earnings Call Highlights: Revenue Surges 24. ...
GuruFocus.com · 5d ago
Global Water Resources Q2 Earnings Call Highlights
MarketBeat · 9d ago
Global Water Resources, Inc. Q2 2026 Earnings Call Summary
Moby · 9d ago
Global Water Resources, Inc. (GWRS) Q2 Earnings and Revenues Top Estimates
Zacks · 10d ago
Global Water Resources Reports Second Quarter 2026 Results
GlobeNewswire · 10d ago
Earnings To Watch: Global Water Resources Inc (GWRS) Q2 2026 -- GF Value Sees 50% Upside
GuruFocus.com · 10d ago
Global Water Resources Files $100 Million Mixed Shelf
MT Newswires · 15d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.