Artesian Resources Corporation (ARTNA)

NASDAQ: ARTNA · IEX Real-Time Price · USD
48.12
-0.32 (-0.66%)
Sep 30, 2022 4:00 PM EDT - Market closed
-0.66%
Market Cap 457.92M
Revenue (ttm) 94.76M
Net Income (ttm) 17.65M
Shares Out 9.52M
EPS (ttm) 1.87
PE Ratio 25.73
Forward PE 23.26
Dividend $1.08 (2.25%)
Ex-Dividend Date Aug 8, 2022
Volume 38,156
Open 48.51
Previous Close 48.44
Day's Range 48.04 - 48.89
52-Week Range 37.60 - 60.36
Beta 0.08
Analysts Buy
Price Target 62.22 (+29.3%)
Earnings Date Nov 1, 2022

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...]

Industry Water Utilities
IPO Date May 23, 1996
Employees 245
Stock Exchange NASDAQ
Ticker Symbol ARTNA
Full Company Profile

Financial Performance

In 2021, ARTNA's revenue was $90.86 million, an increase of 3.08% compared to the previous year's $88.14 million. Earnings were $16.83 million, an increase of 0.06%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ARTNA stock is "Buy." The 12-month stock price forecast is 62.22, which is an increase of 29.30% from the latest price.

Price Target
$62.22
(29.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Best Clean Air and Water Stocks to Buy Now

Water stocks help investors focus on one of the most fundamental aspects of life on Earth. All organisms, including humans, need water to stay alive.

Other symbols: AWRCWTGWRSMLIPNRXYL
1 week ago - InvestorPlace

Artesian Resources (ARTNA) is a Top Dividend Stock Right Now: Should You Buy?

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?

1 week ago - Zacks Investment Research

This is Why Artesian Resources (ARTNA) is a Great 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?

1 month ago - Zacks Investment Research

Artesian Resources (ARTNA) Q2 Earnings and Revenues Top Estimates

Artesian Resources (ARTNA) delivered earnings and revenue surprises of 6% and 8.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Artesian Resources Corporation Reports 2nd Quarter and Year-To-Date 2022 Results

NEWARK, Del., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, toda...

1 month ago - GlobeNewsWire

The Best Water Utility Stocks in the First Half of 2022

Water stocks, on average, outperformed the broader market by about 4 percentage points in the first half of 2022.

Other symbols: AWKSJWWTRG
2 months ago - The Motley Fool

Artesian Resources Corporation Declares Common Stock Dividend

NEWARK, Del., June 23, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Clas...

3 months ago - GlobeNewsWire

Artesian Water Company, Inc. Closes on the Acquisition of Town of Clayton Water System

NEWARK, Del., May 26, 2022 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc., a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), closed on the acquisition of the water system of the Town of ...

4 months ago - GlobeNewsWire

Artesian Resources (ARTNA) Q1 Earnings Miss Estimates

Artesian Resources (ARTNA) delivered earnings and revenue surprises of -4.08% and 5.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Artesian Resources Corporation Reports First Quarter 2022 Results

NEWARK, Del., May 03, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, ...

4 months ago - GlobeNewsWire

Artesian (ARTNA) Rewards Shareholders With 2% Dividend Hike

Artesian Resources (ARTNA) management further improves shareholder value by increasing the annualized dividend rate by 2% to $1.09 per share.

5 months ago - Zacks Investment Research

Artesian Resources Corporation Announces a 2% Increase in 2nd Quarter Common Stock Dividend

NEWARK, Del. , April 13, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) is pleased to announce that its Board of Directors approved a 2% increase in the quarterly dividend per s...

5 months ago - GlobeNewsWire

Artesian Resources Corporation 2021 Annual Report Available Electronically to Shareholders

NEWARK, Del., April 04, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services...

5 months ago - GlobeNewsWire

ATRNA or SJW: Which Utility Water Supply Stock to Hold Now?

At present, Artesian Resources (ARTNA) appears to be a better choice in the water supply stock when compared with SJW Group (SJW).

Other symbols: SJW
6 months ago - Zacks Investment Research

Artesian Resources Corporation Reports 2021 Year-End Earnings and Fourth Quarter Results

NEWARK, Del., March 09, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services...

6 months ago - GlobeNewsWire

Artesian Water Company, Inc. Announces Acquisition of Town of Clayton Water System

NEWARK, Del., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc., a subsidiary of Artesian Resources Corporation (NASDAQ: ARTNA), entered into an agreement on February 16, 2022 for the acqui...

7 months ago - GlobeNewsWire

Artesian Resources Corporation declares its 1st Quarter Common Stock Dividend for 2022

NEWARK, Del., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Clas...

8 months ago - GlobeNewsWire

Artesian Wastewater Management, Inc. Announces Closing on Its Acquisition of Tidewater Environmental Services, Inc.

NEWARK, Del., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Artesian) (NASDAQ: ARTNA) today announced that its wholly-owned subsidiary, Artesian Wastewater Management, Inc. (AWMI), c...

8 months ago - GlobeNewsWire

4 Water Utility Stocks to Watch Amid Industry's Near-Term Woes

Water Utility companies like AWK, WTRG, CWT and ARTNA are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments will enable them t...

Other symbols: AWKCWTWTRG
9 months ago - Zacks Investment Research

Here's Why "Trend" Investors Would Love Betting on Artesian Resources (ARTNA)

Artesian Resources (ARTNA) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed thro...

9 months ago - Zacks Investment Research

Stanley Siegfried Named Vice President of Operations of Artesian Wastewater Management, Inc.

NEWARK, Del., Dec. 23, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Artesian Wastewater Management, Inc., a wholly-owned subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), has named Sta...

9 months ago - GlobeNewsWire

Artesian Resources Corporation 10th Annual Charitable Golf Tournament Raises Over $100,000 in Support of Local Charities

NEWARK, Del., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA) announced that its 10th Annual Charity Golf Outing raised over $100,000 for local charities, bringing the t...

11 months ago - GlobeNewsWire

Why Artesian Resources (ARTNA) is a Top Dividend Stock for Your Portfolio

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?

11 months ago - Zacks Investment Research

Artesian Resources Corporation Announces 2.5% Increase in Quarterly Common Stock Dividend Marking a 4% Increase this ...

NEWARK, Del., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2.5% increase in the quarterly common stock div...

1 year ago - GlobeNewsWire

Artesian Resources Corporation to Participate in Janney Virtual Water Utilities Conference

NEWARK, Del., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA) has announced that Nicholle R. Taylor, Senior Vice President of Artesian Resources Corporation and Preside...

1 year ago - GlobeNewsWire