Utilities - Regulated Water - NASDAQ - US
$ 34.09
1.28 %
$ 351 M
Market Cap
17.48
P/E
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems.[ Read More ]
The intrinsic value of one ARTNA stock under the base case scenario is HIDDEN Compared to the current market price of 34.1 USD, Artesian Resources Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart ARTNA
FINANCIALS
98.9 M
REVENUE
22.4 M
OPERATING INCOME
16.7 M
NET INCOME
31.9 M
OPERATING CASH FLOW
-62.1 M
INVESTING CASH FLOW
31.4 M
FINANCING CASH FLOW
29.1 M
REVENUE
10.9 M
OPERATING INCOME
6.81 M
NET INCOME
10.7 M
OPERATING CASH FLOW
-12.6 M
INVESTING CASH FLOW
6.34 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Artesian Resources Corporation
| Current Assets | 30.6 M |
| Cash & Short-Term Investments | 2.5 M |
| Receivables | 16.6 M |
| Other Current Assets | 11.5 M |
| Non-Current Assets | 736 M |
| Long-Term Investments | 0 |
| PP&E | 718 M |
| Other Non-Current Assets | 17.7 M |
| Current Liabilities | 22.4 M |
| Accounts Payable | 9.7 M |
| Short-Term Debt | 2.26 M |
| Other Current Liabilities | 10.5 M |
| Non-Current Liabilities | 514 M |
| Long-Term Debt | 179 M |
| Other Non-Current Liabilities | 335 M |
EFFICIENCY
Earnings Waterfall
Artesian Resources Corporation
| Revenue | 98.9 M |
| Cost Of Revenue | 63.9 M |
| Gross Profit | 35 M |
| Operating Expenses | 25.8 M |
| Operating Income | 22.4 M |
| Other Expenses | 5.75 M |
| Net Income | 16.7 M |
RATIOS
35.39%
GROSS MARGIN
22.70%
OPERATING MARGIN
16.89%
NET MARGIN
7.25%
ROE
2.18%
ROA
3.96%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Artesian Resources Corporation
| Net Income | 16.7 M |
| Depreciation & Amortization | 13.3 M |
| Capital Expenditures | -62.2 M |
| Stock-Based Compensation | 254 K |
| Change in Working Capital | -1.45 M |
| Others | -2.83 M |
| Free Cash Flow | -30.3 M |
Wall Street Analysts Price Targets
Artesian Resources Corporation
ARTNA has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.79%
DIVIDEND YIELD
0.301 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Artesian Resources Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
321 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
10 months ago
Dec 20, 2023
|
Sell 203 K USD
|
Taylor Nicholle Renee
Senior Vice President |
- 4750
|
42.82 USD |
|
11 months ago
Dec 14, 2023
|
Sell 110 K USD
|
THAEDER JOHN M
Senior Vice President |
- 2500
|
43.8069 USD |
|
11 months ago
Nov 21, 2023
|
Sell 8.44 K USD
|
THAEDER JOHN M
Senior Vice President |
- 200
|
42.18 USD |
|
1 year ago
Sep 20, 2023
|
Sell 22.9 K USD
|
THAEDER JOHN M
Senior Vice President |
- 500
|
45.87 USD |
|
1 year ago
Aug 10, 2023
|
Bought 460 USD
|
Emerson Courtney A
Gen Counsel & Asst Secretary |
+ 10
|
45.96 USD |
|
1 year ago
Dec 14, 2022
|
Sell 56.7 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 1019
|
55.6247 USD |
|
1 year ago
Dec 13, 2022
|
Sell 47.4 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 853
|
55.5856 USD |
|
1 year ago
Dec 12, 2022
|
Sell 6.12 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 110
|
55.5953 USD |
|
1 year ago
Dec 09, 2022
|
Sell 265 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 4768
|
55.5823 USD |
|
2 years ago
Nov 17, 2022
|
Sell 180 K USD
|
BIEDERMAN KENNETH R
Director |
- 3396
|
53.0826 USD |
|
2 years ago
Nov 17, 2022
|
Bought 26.8 K USD
|
Taylor Nicholle Renee
Senior Vice President |
+ 535
|
50 USD |
|
2 years ago
Sep 16, 2022
|
Sell 174 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 3000
|
57.99 USD |
|
2 years ago
Sep 16, 2022
|
Sell 215 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 3650
|
59 USD |
|
2 years ago
Sep 16, 2022
|
Sell 5.9 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 100
|
59.025 USD |
|
2 years ago
Sep 16, 2022
|
Sell 193 K USD
|
BIEDERMAN KENNETH R
Director |
- 3354
|
57.6679 USD |
|
2 years ago
Aug 26, 2022
|
Sell 271 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 4750
|
57.0024 USD |
|
2 years ago
Aug 11, 2022
|
Sell 729 K USD
|
EISENBREY JOHN R JR
director: |
- 13500
|
54.016 USD |
|
2 years ago
Mar 23, 2022
|
Sell 54 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 1146
|
47.0788 USD |
|
2 years ago
Mar 23, 2022
|
Sell 263 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 5604
|
46.9873 USD |
|
2 years ago
Mar 18, 2022
|
Sell 30.1 K USD
|
Anderson Pierre A
Chief Info Officer / Sr VP |
- 628
|
48 USD |
|
2 years ago
Mar 16, 2022
|
Sell 94 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 2000
|
47.02 USD |
|
2 years ago
Mar 16, 2022
|
Sell 313 K USD
|
WYER WILLIAM C
director: |
- 6750
|
46.4357 USD |
|
2 years ago
Mar 14, 2022
|
Sell 323 K USD
|
BIEDERMAN KENNETH R
director: |
- 6750
|
47.7987 USD |
|
2 years ago
Dec 07, 2021
|
Sell 201 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 4750
|
42.3266 USD |
|
3 years ago
May 14, 2021
|
Sell 119 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 3020
|
39.4003 USD |
|
3 years ago
May 07, 2021
|
Sell 20.3 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 500
|
40.6052 USD |
|
3 years ago
May 10, 2021
|
Sell 64.6 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 1595
|
40.5 USD |
|
3 years ago
May 07, 2021
|
Sell 65.1 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 1597
|
40.7687 USD |
|
3 years ago
Mar 23, 2021
|
Sell 64.1 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 1635
|
39.1881 USD |
|
3 years ago
Mar 23, 2021
|
Sell 32 K USD
|
Anderson Pierre A
VP of Information Technology |
- 821
|
39.03 USD |
|
3 years ago
Mar 22, 2021
|
Bought 2.6 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
+ 67
|
38.75 USD |
|
3 years ago
Mar 17, 2021
|
Sell 282 K USD
|
WYER WILLIAM C
Director |
- 6750
|
41.7186 USD |
|
3 years ago
Mar 16, 2021
|
Sell 560 K USD
|
EISENBREY JOHN R JR
Director |
- 13500
|
41.5178 USD |
|
3 years ago
Dec 18, 2020
|
Sell 198 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 5153
|
38.4958 USD |
|
3 years ago
Dec 17, 2020
|
Sell 92.5 K USD
|
BIEDERMAN KENNETH R
Director |
- 2391
|
38.7039 USD |
|
3 years ago
Dec 11, 2020
|
Sell 38.9 K USD
|
BIEDERMAN KENNETH R
Director |
- 984
|
39.5564 USD |
|
3 years ago
Dec 09, 2020
|
Sell 131 K USD
|
BIEDERMAN KENNETH R
Director |
- 3375
|
38.7828 USD |
|
4 years ago
May 28, 2020
|
Sell 119 K USD
|
BIEDERMAN KENNETH R
Director |
- 3375
|
35.1411 USD |
|
4 years ago
May 15, 2020
|
Sell 5.83 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 180
|
32.39 USD |
|
4 years ago
May 12, 2020
|
Sell 129 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 3570
|
36.0736 USD |
|
4 years ago
May 11, 2020
|
Sell 120 K USD
|
BIEDERMAN KENNETH R
Director |
- 3375
|
35.5504 USD |
|
4 years ago
Mar 18, 2020
|
Sell 156 K USD
|
WYER WILLIAM C
Director |
- 4750
|
32.8713 USD |
|
5 years ago
Nov 11, 2019
|
Sell 73.5 K USD
|
WYER WILLIAM C
Director |
- 2000
|
36.7607 USD |
|
5 years ago
May 17, 2019
|
Sell 36 K USD
|
BIEDERMAN KENNETH R
Director |
- 1000
|
35.986 USD |
|
5 years ago
Mar 20, 2019
|
Sell 86.7 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 2250
|
38.5501 USD |
|
5 years ago
Mar 20, 2019
|
Sell 79.7 K USD
|
BIEDERMAN KENNETH R
Director |
- 2073
|
38.4546 USD |
|
5 years ago
Mar 18, 2019
|
Sell 184 K USD
|
BIEDERMAN KENNETH R
Director |
- 4677
|
39.3689 USD |
|
6 years ago
Aug 14, 2018
|
Sell 37 K USD
|
BIEDERMAN KENNETH R
Director |
- 1000
|
37 USD |
|
6 years ago
Mar 19, 2018
|
Sell 248 K USD
|
BIEDERMAN KENNETH R
Director |
- 6750
|
36.7799 USD |
|
6 years ago
Nov 30, 2017
|
Sell 286 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 6750
|
42.3601 USD |
|
6 years ago
Nov 29, 2017
|
Sell 284 K USD
|
WYER WILLIAM C
Director |
- 6750
|
42 USD |
|
7 years ago
Nov 15, 2017
|
Sell 78.1 K USD
|
BIEDERMAN KENNETH R
Director |
- 2000
|
39.0461 USD |
|
7 years ago
Jun 23, 2017
|
Sell 188 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 4702
|
40.0811 USD |
|
7 years ago
Jun 23, 2017
|
Sell 107 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 2678
|
40.0977 USD |
|
7 years ago
Jun 19, 2017
|
Sell 100 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 2498
|
40.1401 USD |
|
7 years ago
Jun 19, 2017
|
Sell 4.01 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 100
|
40.1 USD |
|
7 years ago
Jun 19, 2017
|
Sell 2.25 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 56
|
40.21 USD |
|
7 years ago
Jun 20, 2017
|
Sell 4.64 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 116
|
40.01 USD |
|
7 years ago
Jun 15, 2017
|
Sell 548 K USD
|
EISENBREY JOHN R JR
Director |
- 13500
|
40.5916 USD |
|
7 years ago
May 16, 2017
|
Sell 84.8 K USD
|
WYER WILLIAM C
Director |
- 2255
|
37.6 USD |
|
7 years ago
May 10, 2017
|
Sell 36 K USD
|
BIEDERMAN KENNETH R
Director |
- 1000
|
36 USD |
|
7 years ago
Mar 21, 2017
|
Sell 195 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 5901
|
33.1101 USD |
|
7 years ago
Mar 21, 2017
|
Sell 28 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 848
|
33 USD |
|
7 years ago
Mar 21, 2017
|
Sell 33.8 USD
|
TAYLOR DIAN C
C.E.O. President |
- 1
|
33.75 USD |
|
7 years ago
Mar 15, 2017
|
Sell 58.6 K USD
|
BIEDERMAN KENNETH R
Director |
- 1750
|
33.4813 USD |
|
7 years ago
Mar 13, 2017
|
Sell 94.8 K USD
|
BIEDERMAN KENNETH R
Director |
- 3000
|
31.6085 USD |
|
7 years ago
Dec 19, 2016
|
Sell 32 K USD
|
BIEDERMAN KENNETH R
Director |
- 1000
|
32.03 USD |
|
7 years ago
Nov 23, 2016
|
Sell 33 USD
|
WYER WILLIAM C
Director |
- 1
|
33 USD |
|
7 years ago
Nov 22, 2016
|
Sell 148 K USD
|
WYER WILLIAM C
Director |
- 4494
|
33 USD |
|
8 years ago
Nov 10, 2016
|
Bought 798 USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
+ 28
|
28.5 USD |
|
8 years ago
Sep 20, 2016
|
Sell 7.15 K USD
|
Anderson Pierre A
VP of Information Technology |
- 250
|
28.61 USD |
|
8 years ago
Jun 08, 2016
|
Sell 101 K USD
|
WYER WILLIAM C
Director |
- 3375
|
30.02 USD |
|
8 years ago
Jun 07, 2016
|
Bought 4.36 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
+ 151
|
28.89 USD |
|
8 years ago
Jun 03, 2016
|
Sell 171 K USD
|
EISENBREY JOHN R JR
Director |
- 5900
|
29 USD |
|
8 years ago
May 25, 2016
|
Sell 221 K USD
|
EISENBREY JOHN R JR
Director |
- 7600
|
29.0494 USD |
|
8 years ago
May 12, 2016
|
Bought 896 USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
+ 32
|
28 USD |
|
8 years ago
May 09, 2016
|
Sell 96.2 K USD
|
WYER WILLIAM C
Director |
- 3375
|
28.51 USD |
|
8 years ago
May 09, 2016
|
Sell 189 K USD
|
BIEDERMAN KENNETH R
Director |
- 6750
|
27.9442 USD |
|
8 years ago
Mar 23, 2016
|
Sell 175 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 6750
|
25.8894 USD |
|
8 years ago
Dec 16, 2015
|
Sell 171 K USD
|
EISENBREY JOHN R JR
Director |
- 6750
|
25.4019 USD |
|
8 years ago
Nov 27, 2015
|
Sell 120 K USD
|
WYER WILLIAM C
Director |
- 4700
|
25.6 USD |
|
8 years ago
Nov 23, 2015
|
Sell 52.5 K USD
|
WYER WILLIAM C
Director |
- 2050
|
25.6 USD |
|
8 years ago
Nov 23, 2015
|
Sell 204 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 8016
|
25.5 USD |
|
9 years ago
Nov 19, 2015
|
Sell 75 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 3000
|
25 USD |
|
9 years ago
Nov 20, 2015
|
Sell 85.2 K USD
|
BIEDERMAN KENNETH R
Director |
- 3375
|
25.25 USD |
|
9 years ago
Nov 19, 2015
|
Sell 213 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 8540
|
24.99 USD |
|
9 years ago
Nov 17, 2015
|
Sell 10.7 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 429
|
24.99 USD |
|
9 years ago
Nov 16, 2015
|
Sell 19.5 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 781
|
24.99 USD |
|
9 years ago
Nov 11, 2015
|
Sell 84.4 K USD
|
BIEDERMAN KENNETH R
Director |
- 3375
|
25 USD |
|
9 years ago
Sep 22, 2015
|
Sell 236 K USD
|
EISENBREY JOHN R JR
Director |
- 10250
|
23.0537 USD |
|
9 years ago
Sep 22, 2015
|
Sell 23.2 K USD
|
EISENBREY JOHN R JR
Director |
- 1000
|
23.2409 USD |
|
9 years ago
Sep 21, 2015
|
Sell 99.3 K USD
|
WYER WILLIAM C
Director |
- 4414
|
22.5 USD |
|
9 years ago
Sep 17, 2015
|
Sell 125 K USD
|
BIEDERMAN KENNETH R
Director |
- 5625
|
22.2 USD |
|
9 years ago
Sep 17, 2015
|
Sell 177 USD
|
DiNunzio Joseph A
Exec VP / Corp Secretary |
- 8
|
22.07 USD |
|
9 years ago
Sep 17, 2015
|
Sell 229 K USD
|
DiNunzio Joseph A
Exec VP / Corp Secretary |
- 10408
|
22 USD |
|
9 years ago
Sep 17, 2015
|
Sell 15.3 K USD
|
SCHREPPLER JOHN J II
VP and General Counsel |
- 694
|
22 USD |
|
9 years ago
Sep 15, 2015
|
Sell 17 K USD
|
SCHREPPLER JOHN J II
VP and General Counsel |
- 775
|
22 USD |
|
9 years ago
Sep 15, 2015
|
Sell 27.7 K USD
|
THAEDER JOHN M
Senior Vice President |
- 1277
|
21.7 USD |
|
9 years ago
Aug 31, 2015
|
Sell 16.6 K USD
|
THAEDER JOHN M
Senior Vice President |
- 753
|
22 USD |
|
9 years ago
Aug 27, 2015
|
Sell 124 K USD
|
BIEDERMAN KENNETH R
Director |
- 5625
|
22.04 USD |
|
9 years ago
Aug 27, 2015
|
Sell 124 K USD
|
WYER WILLIAM C
Director |
- 5625
|
22.01 USD |
|
9 years ago
Jun 10, 2015
|
Bought 3.34 K USD
|
TAYLOR DIAN C
C.E.O. President |
+ 145
|
23 USD |
|
9 years ago
Jun 01, 2015
|
Sell 3.82 K USD
|
THAEDER JOHN M
Senior Vice President |
- 176
|
21.7 USD |
|
9 years ago
Dec 22, 2014
|
Sell 72.8 K USD
|
THAEDER JOHN M
Senior Vice President |
- 3300
|
22.06 USD |
|
9 years ago
Dec 22, 2014
|
Sell 2.21 K USD
|
THAEDER JOHN M
Senior Vice President |
- 100
|
22.08 USD |
|
9 years ago
Dec 22, 2014
|
Sell 8.83 K USD
|
THAEDER JOHN M
Senior Vice President |
- 400
|
22.07 USD |
|
9 years ago
Dec 22, 2014
|
Sell 4.41 K USD
|
THAEDER JOHN M
Senior Vice President |
- 200
|
22.0701 USD |
|
10 years ago
Nov 18, 2014
|
Sell 5.05 K USD
|
THAEDER JOHN M
Senior Vice President |
- 225
|
22.4627 USD |
|
10 years ago
Nov 18, 2014
|
Sell 8.3 K USD
|
THAEDER JOHN M
Senior Vice President |
- 369.531
|
22.448 USD |
|
10 years ago
Nov 10, 2014
|
Bought 2.2 K USD
|
DiNunzio Joseph A
Exec VP / Corp Secretary |
+ 100
|
22 USD |
|
10 years ago
Jun 12, 2014
|
Sell 57.7 K USD
|
SPACHT DAVID B
CFO and Treasurer |
- 2600
|
22.1889 USD |
|
10 years ago
May 22, 2014
|
Sell 82.9 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 3882
|
21.3593 USD |
|
10 years ago
May 21, 2014
|
Sell 61.6 K USD
|
TAYLOR DIAN C
C.E.O. President |
- 2868
|
21.49 USD |
|
10 years ago
May 16, 2014
|
Sell 54.6 K USD
|
THAEDER JOHN M
Senior Vice President |
- 2575
|
21.2101 USD |
|
10 years ago
May 16, 2014
|
Sell 143 K USD
|
Taylor Nicholle Renee
Director/Senior Vice President |
- 6750
|
21.2058 USD |
|
10 years ago
Mar 21, 2014
|
Sell 64.4 K USD
|
THAEDER JOHN M
Senior Vice President |
- 2875
|
22.4001 USD |
|
10 years ago
Mar 21, 2014
|
Sell 7.43 K USD
|
SPACHT DAVID B
CFO and Treasurer |
- 335
|
22.1801 USD |
|
10 years ago
Mar 21, 2014
|
Sell 39.9 K USD
|
SPACHT DAVID B
CFO and Treasurer |
- 1800
|
22.17 USD |
|
10 years ago
Mar 21, 2014
|
Sell 64 K USD
|
SPACHT DAVID B
CFO and Treasurer |
- 2865
|
22.3374 USD |
|
10 years ago
Mar 17, 2014
|
Sell 2.24 K USD
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WYER WILLIAM C
Director |
- 100
|
22.4 USD |
|
10 years ago
Mar 20, 2014
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Sell 78.6 K USD
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WYER WILLIAM C
Director |
- 3521
|
22.32 USD |
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10 years ago
Mar 17, 2014
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Sell 18 K USD
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WYER WILLIAM C
Director |
- 804
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22.4 USD |
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10 years ago
Mar 20, 2014
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Sell 75.1 K USD
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SCHREPPLER JOHN J II
VP and General Counsel |
- 3375
|
22.2619 USD |
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10 years ago
Mar 18, 2014
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Sell 62.6 K USD
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SCHREPPLER JOHN J II
VP and General Counsel |
- 2814
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22.252 USD |
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10 years ago
Mar 17, 2014
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Sell 12.5 K USD
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SCHREPPLER JOHN J II
VP and General Counsel |
- 561
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22.25 USD |
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10 years ago
Mar 17, 2014
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Sell 11.2 K USD
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BIEDERMAN KENNETH R
Director |
- 502
|
22.35 USD |
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10 years ago
Mar 18, 2014
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Sell 138 K USD
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BIEDERMAN KENNETH R
Director |
- 6248
|
22.1011 USD |
7. News
Artesian Resources (ARTNA) Q3 Earnings and Revenues Top Estimates
Artesian Resources (ARTNA) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.49 per share a year ago.
zacks.com
- 1 week ago
Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
NEWARK, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.2056 per share payable November 25, 2024 to shareholders of record at the close of business on November 15, 2024.
globenewswire.com
- 1 week ago
8 Stocks I'm Buying No Matter How The U.S. Election Goes
The federal government absorbed most of the economic pain of the pandemic, and that shows up in federal debt to GDP. Big Tech companies paradoxically benefit from a higher Fed Funds Rate, because their cash holdings are immense, and they can earn relatively high yields on that cash. Real estate stopped its short-lived outperformance once interest rates began to rise again in mid-September.
seekingalpha.com
- 2 weeks ago
7 Stocks I'm Buying As Recession Fears Fade And Trump Victory Odds Rise
Assessing the reasons for the recent rise in the 10-year Treasury rate: Soft landing optimism? A potential Fed overshoot? Rising odds of a Trump electoral victory? A series of Rorschach Tests that may interest investors.
seekingalpha.com
- 3 weeks ago
5 Stocks I'm Buying As I Reexamined My Sphere Of Competence
I emphasize refocusing on my core competency in real estate and diversifying through dividend ETFs, avoiding the overvalued S&P 500. Current S&P 500 valuations are historically high, suggesting poor future returns; insider buying is low, indicating a potential downturn ahead. Market leadership is shifting from growth to dividend stocks, particularly in real estate and utilities, which have outperformed since July.
seekingalpha.com
- 4 weeks ago
Artesian Resources: An Intriguing Dividend Stock To Buy Now
Having hiked its dividend for 29 years straight, Artesian Resources is a Dividend Champion. Thanks to higher water rates and customer growth, the utility's revenue and diluted EPS climbed in Q2. Artesian Resources' balance sheet is well capitalized.
seekingalpha.com
- 1 month ago
8 Dividend Stocks On My Buy List As Inflation Keeps Dropping
Disinflationary trends persist, with CPI showing a steady decline, despite media drama over slightly higher-than-expected figures; energy stocks remain attractive for long-term investors. Realty Income should consider breaking into smaller REITs for better growth. Protectionist tariffs hurt US manufacturing, and labor shortages loom globally.
seekingalpha.com
- 1 month ago
7 Dividend Stocks I'm Buying As The Recession Debate Rages
The ongoing debate on whether the economy will face a recession or achieve a soft landing continues, with mixed opinions from experts. Despite my longstanding recession prediction, the economic expansion has been extended due to delayed deployment of pandemic-era savings. Tariffs have not benefited American manufacturing, leading to higher input costs, disrupted supply chains, and a slump in manufacturing jobs and output.
seekingalpha.com
- 1 month ago
8 Dividend Stocks I'm Buying In October (Including A New Holding)
The stock market appears richly valued, with REITs and utilities outperforming tech stocks since the June CPI report, reflecting a defensive, yield-oriented investor shift. I plan to allocate dividends to the iShares 0-3 Month Treasury ETF for stability and also buy 8 dividend stocks, including a brand-new position. My dividend growth projection guesstimate involves analyzing management's earnings growth expectations, payout ratios, historical dividend growth, and potential obstacles.
seekingalpha.com
- 1 month ago
Artesian Resources: A Small-Cap Water Utility For Consistent Dividend Growth
Artesian Resources is a regulated monopoly water utility with steady growth, consistent dividends, and is currently undervalued, making it a long-term buy for dividend growth investors. The company has a robust capital investment program, partnerships, and M&A activities, contributing to revenue growth. Artesian Resources boasts a 32-year streak of dividend increases, with a current yield of 3.27%, supported by a 65% payout ratio and strong cash flow.
seekingalpha.com
- 2 months ago
Artesian Resources (ARTNA) Lags Q2 Earnings Estimates
Artesian Resources (ARTNA) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.44 per share a year ago.
zacks.com
- 3 months ago
Artesian Resources Corporation Reports Second Quarter and Year-to-Date 2024 Results
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced second quarter and year-to-date results for 2024.
globenewswire.com
- 3 months ago
8. Profile Summary
Artesian Resources Corporation ARTNA
COUNTRY
US
INDUSTRY
Regulated Water
MARKET CAP
$ 351 M
Dividend Yield
0.79%
Description
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Contact
664 Churchmans Road, Newark, DE, 19702
https://www.artesianresources.com
IPO Date
April 28, 1994
Employees
251
Officers
Mr. David B. Spacht
Chief Financial Officer
Ms. Jennifer L. Finch CPA
Corporate Treasurer & Senior Vice President of Finance
Mr. John M. Thaeder
Senior Vice President of Operations
Ms. Nicholle R. Taylor
Senior Vice President of Investor Relations & Director
Mr. Joseph A. DiNunzio CPA, CGMA
Executive Vice President & Corporate Secretary
Ms. Dian C. Taylor
Chairperson, Chief Executive Officer & President
Mr. Pierre A. Anderson
Senior Vice President & Chief Information Officer
Ms. Courtney A. Emerson Esq.
General Counsel & Assistant Secretary