Artesian Resources Corporation (ARTNA)
$
34.49
+0.51 (1.48%)
Key metrics
Financial statements
Free cash flow per share
-1.1872
Market cap
350.1 Million
Price to sales ratio
3.2037
Debt to equity
0.7404
Current ratio
0.9822
Income quality
1.6429
Average inventory
4.9 Million
ROE
0.0898
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Artesian Resources Corporation, through its subsidiaries, provides essential water, wastewater, and various services across Delaware, Maryland, and Pennsylvania. The company distributes and sells water to a diverse range of customers, including residential, commercial, industrial, governmental, and municipal clients, as well as for public and private fire protection; it serves these customers through an extensive network of 1,368 miles of transmission and distribution mains. In Delaware, Artesian offers wastewater collection and treatment services, further enriching its portfolio with contract services for water and wastewater management. The company also develops and implements water, sewer, and internal service line protection plans, alongside design, construction, and engineering services. As of December 31, 2021, Artesian served approximately 91,700 customers in Delaware, 2,500 in Maryland, and 40 in Pennsylvania, showcasing its market presence. The gross profit stands at $53,413,000.00 highlighting the company's profitability from core operations, while the net income ratio is 0.19 reflecting the company's profitability margin. The diluted EPS is $1.98 accounting for potential share dilution, and the weighted average number of diluted shares outstanding is 10,296,000.00 reflecting potential dilution effects. The company's stock is identified with the symbol 'ARTNA' in the market, indicating its trading presence. In the investment landscape, the stock is considered affordable at $33.98 making it suitable for budget-conscious investors. Moreover, the stock has a low average trading volume of 42,169.00 indicating lower market activity, which may reflect on investor interest. With a market capitalization of $355,890,652.00 the company is classified as a small-cap player, which often presents unique investment opportunities. Artesian Resources operates in the Regulated Water industry, positioning itself as a key player contributing significantly to the overall market landscape. Additionally, it belongs to the Utilities sector, driving innovation and growth, making it an attractive option for investors seeking exposure to essential services in the community.
Investing in Artesian Resources Corporation (ARTNA) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Artesian Resources Corporation stock to fluctuate between $29.45 (low) and $41.29 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-05-30, Artesian Resources Corporation's market cap is $355,890,652, based on 10,318,662 outstanding shares.
Compared to Nextra Energy, Inc., Artesian Resources Corporation has a Lower Market-Cap, indicating a difference in performance.
Artesian Resources Corporation pays dividends. The current dividend yield is 3.55%, with a payout of $0.31 per share.
To buy Artesian Resources Corporation (ARTNA) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ARTNA. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Artesian Resources Corporation's last stock split was 3:2 on 2006-07-03.
Revenue: $107,952,000 | EPS: $1.98 | Growth: 18.56%.
Visit https://www.artesianresources.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $63 (2023-01-25) | All-time low: $29.45 (2025-01-10).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
Here is how Artesian Resources (ARTNA) and Deutsche Telekom AG (DTEGY) have performed compared to their sector so far this year.
zacks.com
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?
globenewswire.com
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
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
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
NEWARK, Del., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.3014 is payable February 21, 2025 to shareholders of record at the close of business on February 7, 2025, providing a $1.2056 annualized dividend rate. This is Artesian's 129th consecutive quarterly dividend paid to shareholders.
seekingalpha.com
Global warming isn't just a "woke" issue; it has real financial implications for energy investments. DOGE has lofty and worthy goals, but the reality is that Congress controls the purse strings. Delayed Onset Tariff Syndrome (DOTS) will impact global trade and investment strategies. Exactly how remains in question.
seekingalpha.com
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CPI metrics show, but also what threatens to disrupt the disinflationary trend. A discussion of three books dividend growth investors would benefit from reading. Only one is specifically about dividend growth investing.
seekingalpha.com
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impact is profound, influencing inflation, wages, and consumption patterns, with Millennials having a smaller effect at later ages in life. Debating whether dividend growth investors should buy Magnificent 7 stocks, I find GOOGL compelling for its reasonable valuation and growth potential.
seekingalpha.com
Artesian Resources just upped its quarterly dividend paid to shareholders. Customer growth and new water rates pushed revenue and diluted EPS higher in Q3. ARTNA's debt-to-capital ratio implies that it is financially secure.
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