Global Water Resources, Inc. (GWRS)

Over the past six months, GWRS consistently declared monthly cash dividends. The company reported Second Quarter 2025 results with revenue growth of 5.4% to $14.2 million and earnings of $0.06 per share. Third Quarter 2025 results showed an 8.4% increase in total revenue to $15.5 million, driven by acquisitions, organic connection growth, and higher rates; however, net income fell to $1.7 million ($0.06/share) due to increased costs. Christa Steele was appointed to the Board of Directors on November 17, 2025. The stock price has declined, with a 32.45% decrease from November 20, 2024, to November 19, 2025, and further drops of -13.64% and -17.9% in the 10 days and six months leading up to November 2025, respectively. Analysts have raised concerns about dividend sustainability due to a high payout ratio.

There is a consistent and increasing demand for GWRS's services due to water scarcity and population growth in Arizona. Water demand for outdoor uses is likely higher during hotter and drier months, which the company manages through water reuse for irrigation.

Global Water Resources, Inc. (GWRS) is a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities within the Utilities sector, specifically in the Water Supply and Water Utilities industry. The company's major products and services include drinking water, sewage, and recycled water services, managed under an integrated approach called "Total Water Management" (TWM). TWM aims to conserve water and maximize its economic and social value by managing the entire water cycle within the same geographic areas.

Global Water Resources, Inc. primarily operates in strategically located communities within metropolitan Phoenix and Tucson, Arizona, including service areas in Pinal, Pima, and Maricopa Counties.

Global Water Resources has maintained a positive brand reputation, particularly for its innovative water management practices. The company received national recognition as a "Utility of the Future Today" for its superior water reuse practices and Cityworks' Excellence in Departmental Practice Award for its leadership in applying public asset management strategies. There have been no widely reported events negatively affecting the company's reputation in the past year.

Global Water Resources, Inc. has a diverse ownership structure including major institutional owners such as Handelsbanken Fonder AB, Vanguard Group Inc, and BlackRock, Inc. Individual ownership is significant, with Jonathan L. Levine being the largest individual shareholder, owning 42.36% of the company. Levine Investments Limited Partnership holds a substantial 42% of the shares outstanding.