Utilities -
Regulated Water - NASDAQ - US
$ 33.17
-1.27 %
$ 342 M
Market Cap
16.01
P/E
1. INTRINSIC VALUE
Balance Sheet
Artesian Resources Corporation
| Current Assets | 24.5 M |
| Cash & Short-Term Investments | 1.15 M |
| Receivables | 13.8 M |
| Other Current Assets | 9.56 M |
| Non-Current Assets | 774 M |
| Long-Term Investments | 0 |
| PP&E | 751 M |
| Other Non-Current Assets | 22.9 M |
| Current Liabilities | 25.6 M |
| Accounts Payable | 11.2 M |
| Short-Term Debt | 2.2 M |
| Other Current Liabilities | 12.2 M |
| Non-Current Liabilities | 534 M |
| Long-Term Debt | 177 M |
| Other Non-Current Liabilities | 357 M |
EFFICIENCY
Earnings Waterfall
Artesian Resources Corporation
| Revenue | 108 M |
| Cost Of Revenue | 54.5 M |
| Gross Profit | 53.4 M |
| Operating Expenses | 27.3 M |
| Operating Income | 26.2 M |
| Other Expenses | 5.76 M |
| Net Income | 20.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Artesian Resources Corporation
| Net Income | 20.4 M |
| Depreciation & Amortization | 13.6 M |
| Capital Expenditures | -45.9 M |
| Stock-Based Compensation | 219 K |
| Change in Working Capital | 2.57 M |
| Others | -984 K |
| Free Cash Flow | -9.12 M |
Wall Street Analysts Price Targets
Artesian Resources Corporation
ARTNA has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.92%
DIVIDEND YIELD
0.307 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
0 USD 0
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
7. News
3 Utilities Stocks With Big Earnings, Balanced Risk
Investors often skip over the utilities sector in favor of companies in higher-growth industries. Utilities stocks tend to be stable sources of dividend income and defensive plays.
marketbeat.com
- 2 weeks ago
4 Stocks to Watch From the Thriving Water Supply Industry
Water utilities like AWK, SBS, MSEX and ARTNA are likely to benefit from stable demand for water and wastewater services. Capital-intensive utilities are set to gain from interest rate cuts.
zacks.com
- 2 weeks ago
Artesian Resources (ARTNA) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Artesian Resources (ARTNA) have what it takes?
zacks.com
- 2 weeks ago
Are Utilities Stocks Lagging Artesian Resources (ARTNA) This Year?
Here is how Artesian Resources (ARTNA) and Deutsche Telekom AG (DTEGY) have performed compared to their sector so far this year.
zacks.com
- 3 weeks ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Artesian Resources (ARTNA) have what it takes?
zacks.com
- 1 month ago
Artesian Resources Corporation Announces 2% Increase in Quarterly Common Stock Dividend
NEWARK, Del., May 06, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announces today that its Board of Directors has approved a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock, raising the annualized dividend to $1.2296 per share. The quarterly dividend rate of $0.3074 per share is payable May 27, 2025 to shareholders of record at the close of business on May 16, 2025.
globenewswire.com
- 1 month ago
Artesian Resources Corporation Reports First Quarter 2025 Results
NEWARK, Del., May 05, 2025 (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 earnings results for the first quarter of 2025.
globenewswire.com
- 1 month ago
Artesian Water Company Announces the Hiring of Deirdre S. Smith, P.E.
NEWARK, Del., April 23, 2025 (GLOBE NEWSWIRE) -- Artesian Water Company, a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), announces that Deirdre S. Smith, P.E., has joined the Company as Director of Planning.
globenewswire.com
- 1 month ago
Artesian Resources Corporation 2024 Annual Report Available Electronically to Shareholders
Newark, Del., April 15, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced that its 2024 Annual Report is available electronically to shareholders through its website at https://www.artesianwater.com/investor-relations/annual-report/. If any shareholder would like to receive a print copy of the 2024 Annual Report, they can request one free of charge by writing or calling Artesian Resources Corporation, 664 Churchmans Road, Newark, Delaware 19702, Attention Laura Slayman (Phone Number: 302-453-6900).
globenewswire.com
- 2 months ago
Artesian Water Company, Inc. Files Application with Delaware Public Service Commission for Increase in Customer Rates
NEWARK, Del., April 04, 2025 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc. (“Artesian”), a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), filed an application with the Delaware Public Service Commission (PSC) today for a change in customer rates. The rate application submitted to the PSC for review and approval consists of a requested increase in revenue of 12.41%, or approximately $10.8 million, on an annualized basis. The increase also reflects the recovery of investments made under the Distribution System Improvement Charge (DSIC) of 1.66% currently in place that will reset to 0.0% once new base rates are implemented, meaning the incremental increase to existing billed rates would be 10.75%. This rate filing will undergo extensive review by both the PSC and the Division of the Public Advocate (DPA).
globenewswire.com
- 2 months ago
Artesian Resources Vs. Essential Utilities: Why I Swapped
Artesian Resources currently offers a conservative balance sheet, attractive valuation, and tangible growth opportunities, making it a compelling Buy at ~$31. Essential Utilities has shown stronger historical growth, but now carries higher leverage and valuation multiples, limiting its near-term upside. This one's a Hold at ~$38. Artesian's lower debt profile should provide greater financial flexibility going forward, while WTRG's broader footprint and capital commitments pose higher risks.
seekingalpha.com
- 2 months ago
Artesian Resources Corporation Reports 2024 Year-End Earnings and Fourth Quarter Results
NEWARK, Del., March 25, 2025 (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 earnings results for the fourth quarter and year ended December 31, 2024.
globenewswire.com
- 2 months ago
8. Profile
Summary
Artesian Resources Corporation ARTNA
COUNTRY
US
INDUSTRY
Regulated Water
MARKET CAP
$ 342 M
Dividend Yield
0.92%
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
245
Officers
Mr. David B. Spacht
Chief Financial Officer
Mr. Joseph A. DiNunzio CPA, CGMA
Executive Vice President & Corporate Secretary
Ms. Courtney A. Emerson Esq.
General Counsel & Assistant Secretary
Ms. Jennifer L. Finch CPA
Corporate Treasurer & Senior Vice President of Finance
Ms. Nicholle R. Taylor
President, Chief Executive Officer, Senior Vice President of Investor Relations & Chair of Board
Mr. John M. Thaeder
Senior Vice President of Operations
Mr. Pierre A. Anderson
Senior Vice President & Chief Information Officer