Artesian Resources Corporation (ARTNA)

NASDAQ: ARTNA · Real-Time Price · USD
32.59
-0.43 (-1.29%)
Apr 2, 2025, 12:27 PM EDT - Market open
-1.29%
Market Cap 335.72M
Revenue (ttm) 107.95M
Net Income (ttm) 20.39M
Shares Out 10.30M
EPS (ttm) 1.98
PE Ratio 16.67
Forward PE 16.51
Dividend $1.21 (3.65%)
Ex-Dividend Date Feb 7, 2025
Volume 6,984
Open 32.79
Previous Close 33.01
Day's Range 32.34 - 32.94
52-Week Range 29.45 - 41.29
Beta 0.26
Analysts n/a
Price Target n/a
Earnings Date May 5, 2025

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]

Sector Utilities
IPO Date May 23, 1996
Employees 251
Stock Exchange NASDAQ
Ticker Symbol ARTNA
Full Company Profile

Financial Performance

In 2024, Artesian Resources's revenue was $107.95 million, an increase of 9.20% compared to the previous year's $98.86 million. Earnings were $20.39 million, an increase of 22.13%.

Financial Statements

News

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 hi...

Other symbols: WTRG
4 days ago - Seeking Alpha

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 re...

7 days ago - GlobeNewsWire

8 Stocks I'm Buying Amid A Market Rotation Toward Dividend Stocks

The market is rotating towards non-tech dividend stocks, with dividend ETFs outperforming the Magnificent 7 so far this year. Elon Musk's DOGE initiative is more political theater than a serious effor...

5 weeks ago - Seeking Alpha

7 Stocks And 1 ETF I'm Buying As Inflation Is Lower Than It Looks

The January 2025 CPI report shows inflation isn't in a sustained rebound, with temporary factors like shelter CPI, wildfires, and bird flu driving higher-than-expected inflation. The labor market show...

6 weeks ago - Seeking Alpha

Artesian Resources Corporation Declares First Quarter 2025 Common Stock Dividend

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 ...

2 months ago - GlobeNewsWire

10 Stocks I'm Buying As A New Government Takes Power

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. Delay...

2 months ago - Seeking Alpha

7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy

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 CP...

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2 months ago - Seeking Alpha

A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market

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 impac...

2 months ago - Seeking Alpha

Artesian Resources: Buy This Dividend Stock On Sale Now

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 i...

3 months ago - Seeking Alpha

10 Stocks I'm Buying As REITs Have Never Looked So Good

The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance,...

Other symbols: ADCAMHAMTARECNQCTREEGP
3 months ago - Seeking Alpha

9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor

The U.S. stock market is highly valued, driven by Big Tech and AI investments, with speculative fervor reminiscent of the late 1990s. Some REITs, like W.P. Carey, face challenges due to poor capital a...

4 months ago - Seeking Alpha

The 8 Stocks And 1 ETF On My Buy List Going Into December

The market outlook for 2025 is uncertain, with a wide range of possibilities in GDP growth, inflation, and job growth. Government spending cuts led by Elon Musk and Vivek Ramaswamy's DOGE initiative a...

4 months ago - Seeking Alpha

7 Stocks I'm Buying In Defiance Of Post-Election Euphoria

Some stock sectors exhibit dangerous euphoria, reminiscent of Icarus flying too close to the sun, risking a significant correction. Post-election optimism has inflated valuations in midstream energy, ...

4 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

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5 months ago - Seeking Alpha

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 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

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6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire