Artesian Resources Corporation (ARTNA)
Market Cap | 350.54M |
Revenue (ttm) | 105.65M |
Net Income (ttm) | 20.03M |
Shares Out | 10.30M |
EPS (ttm) | 1.95 |
PE Ratio | 17.49 |
Forward PE | 17.64 |
Dividend | $1.21 (3.50%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 51,155 |
Open | 34.36 |
Previous Close | 34.32 |
Day's Range | 33.72 - 34.52 |
52-Week Range | 32.93 - 44.78 |
Beta | 0.20 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 4, 2024 |
About ARTNA
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; wate... [Read more]
Financial Performance
In 2023, Artesian Resources's revenue was $98.86 million, a decrease of -0.04% compared to the previous year's $98.90 million. Earnings were $16.70 million, a decrease of -7.22%.
Financial StatementsNews
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 divi...
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 thei...
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...
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 f...
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. Artes...
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 Incom...
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 expans...
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 dividend...
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 ha...
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 rel...
Artesian Resources Corporation Declares Common Stock Dividend
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Cl...
Artesian Resources Corporation's Annual Charitable Golf Tournament Raises Nearly $135,000
NEWARK, Del., June 25, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced that its Annual Charitable Golf Outing raised nearly $135,000, bringing the thirteen-year total...
Artesian Resources: An Under-The-Radar Dividend Champion To Buy Now
Artesian Resources is a Dividend Champion that doesn't get a lot of attention. The relatively positive resolution of its Delaware rate case means that solid growth should lie ahead for the foreseeable...
Artesian Resources Corporation Announces 2% Increase in Quarterly Common Stock Dividend
NEWARK, Del., May 06, 2024 (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...
Artesian Resources Corporation Reports First Quarter 2024 Results
NEWARK, Del., May 06, 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 rela...
Artesian Water Company Prepared to Fully Comply with EPA's New PFAS Drinking Water Standard
NEWARK, Del., April 10, 2024 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc. (Artesian), a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water services on the De...
Artesian Resources Corporation 2023 Annual Report Available Electronically to Shareholders
NEWARK, De., April 10, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA), a leading provider of water and wastewater services, and a number of other related core business service...
Artesian Resources Corporation Reports 2023 Year-End Earnings and Fourth Quarter Results
NEWARK, Del., March 13, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, t...
Artesian Resources Is An Attractive Investment Opportunity
Artesian Resources Corporation is a holding company that provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company's revenue growth has been lower in recent y...
Artesian Resources Corporation Declares Common Stock Dividend
NEWARK, Del., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Cl...
Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2023 Results
NEWARK, Del., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, to...
Artesian Resources: Why This Stock Is A Buy
Artesian Resources Corporation is a water utility company that has historically provided low volatility and safety for investors. The need for water transcends economic cycles, making Artesian's stabl...
Artesian Resources Corporation Reports Second Quarter and Year-To-Date 2023 Results
NEWARK, Del., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, to...
Artesian Resources Corporation's 12th Annual Charitable Golf Tournament Raises Nearly $140,000
NEWARK, Del., June 29, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced that its 12th Annual Charitable Golf Outing raised nearly $140,000, bringing the twelve-year to...
Artesian Resources Corporation Announces Closing of Public Offering of Common Stock
NEWARK, Del., May 23, 2023 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) (Artesian or the Company) announced today the closing of its previously-announced underwritten public offe...