How have ARTNA shares performed in 2024?

Artesian Resources' stock was trading at $41.45 at the start of the year. Since then, ARTNA stock has decreased by 17.1% and is now trading at $34.37. View the best growth stocks for 2024 here .

Are investors shorting Artesian Resources?

Artesian Resources saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 171,100 shares, an increase of 23.0% from the March 15th total of 139,100 shares. Based on an average trading volume of 37,100 shares, the short-interest ratio is currently 4.6 days. View Artesian Resources' Short Interest .

When is Artesian Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ARTNA earnings forecast .

How were Artesian Resources' earnings last quarter?

Artesian Resources Co. (NASDAQ:ARTNA) issued its quarterly earnings results on Wednesday, March, 13th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter. The utilities provider had revenue of $24.55 million for the quarter. Artesian Resources had a net margin of 16.89% and a trailing twelve-month return on equity of 7.62%.

How often does Artesian Resources pay dividends? What is the dividend yield for Artesian Resources?

Artesian Resources announced a quarterly dividend on Monday, January 29th. Stockholders of record on Friday, February 9th will be given a dividend of $0.29 per share on Friday, February 23rd. This represents a $1.16 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Thursday, February 8th. Read our dividend analysis for ARTNA .

Is Artesian Resources a good dividend stock?

Artesian Resources (NASDAQ:ARTNA) pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.44%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARTNA will have a dividend payout ratio of 55.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ARTNA .

What ETFs hold Artesian Resources' stock?

ETFs with the largest weight of Artesian Resources (NASDAQ:ARTNA) stock in their portfolio include ProShares Russell 2000 Dividend Growers ETF (SMDV) and Global X Clean Water ETF (AQWA) . Invesco Water Resources ETF (PHO) .

What is Dian C. Taylor's approval rating as Artesian Resources' CEO?

7 employees have rated Artesian Resources Chief Executive Officer Dian C. Taylor on Glassdoor.com . Dian C. Taylor has an approval rating of 48% among the company's employees. This puts Dian C. Taylor in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 46.0% of employees surveyed would recommend working at Artesian Resources to a friend.

How do I buy shares of Artesian Resources?

Shares of ARTNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ARTNA

Artesian Resources (ARTNA) Stock Price, News & Analysis

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Free ARTNA Stock Alerts

$34.37

+0.04 (+0.12%)

(As of 04/18/2024 ET)

Compare

Today's Range: $34.14
▼
$34.98
50-Day Range: $33.72
▼
$37.23
52-Week Range: $33.42
▼
$57.69

Volume: 45,502 shs
Average Volume: 37,263 shs
Market Capitalization: $353.67 million

P/E Ratio: 20.70
Dividend Yield: 3.38%
Price Target: N/A

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Artesian Resources MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
1.66% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.72
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.53%
From $1.99 to $2.10 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

Utilities Sector

64th out of 90 stocks

Water Supply Industry

11th out of 12 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Artesian Resources.

2.0

Short Interest

Percentage of Shares Shorted
1.66% of the outstanding shares of Artesian Resources have been sold short.
Short Interest Ratio / Days to Cover
Artesian Resources has a short interest ratio ("days to cover") of 4.6.
Change versus previous month
Short interest in Artesian Resources has recently increased by 23.01%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Artesian Resources pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Artesian Resources has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Artesian Resources is 69.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Artesian Resources will have a dividend payout ratio of 55.24% next year. This indicates that Artesian Resources will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARTNA.

3.2

News and Social Media Coverage

News Sentiment
Artesian Resources has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Artesian Resources this week, compared to 1 article on an average week.
Search Interest
2 people have searched for ARTNA on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Artesian Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.59% of the stock of Artesian Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
57.37% of the stock of Artesian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Artesian Resources are expected to grow by 5.53% in the coming year, from $1.99 to $2.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Artesian Resources is 20.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Artesian Resources is 20.70, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.77.
Price to Book Value per Share Ratio
Artesian Resources has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Artesian Resources Stock (NASDAQ: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; 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, 2023, it served approximately 95,900 customers in Delaware; 2,600 customers in Maryland; and 40 customers in Pennsylvania through 1,470 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

ARTNA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ARTNA Stock News Headlines

April 18, 2024 | americanbankingnews.com

Artesian Resources (NASDAQ:ARTNA) Upgraded to "Hold" at StockNews.com

April 12, 2024 | msn.com

Artesian Water Company Leads in PFAS Treatment Ahead of New EPA Standards

April 19, 2024 | InvestorPlace (Ad)

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April 12, 2024 | msn.com

Artesian Resources Corporation Offers 2023 Annual Report Online

April 11, 2024 | americanbankingnews.com

Artesian Resources (NASDAQ:ARTNA) Downgraded to Sell at StockNews.com

April 10, 2024 | finance.yahoo.com

Artesian Water Company Prepared to Fully Comply with EPA’s New PFAS Drinking Water Standard

April 10, 2024 | globenewswire.com

Artesian Water Company Prepared to Fully Comply with EPA's New PFAS Drinking Water Standard

April 10, 2024 | globenewswire.com

Artesian Resources Corporation 2023 Annual Report Available Electronically to Shareholders

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March 21, 2024 | finance.yahoo.com

Artesian Resources Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

March 19, 2024 | finance.yahoo.com

Artesian Resources (NASDAQ:ARTN.A) investors are sitting on a loss of 32% if they invested a year ago

March 14, 2024 | benzinga.com

Recap: Artesian Resources Q4 Earnings

March 13, 2024 | sfgate.com

Artesian Resources: Q4 Earnings Snapshot

March 13, 2024 | globenewswire.com

Artesian Resources Corporation Reports 2023 Year-End Earnings and Fourth Quarter Results

February 26, 2024 | finance.yahoo.com

With 60% ownership, Artesian Resources Corporation (NASDAQ:ARTN.A) boasts of strong institutional backing

February 17, 2024 | finance.yahoo.com

3 Growth Stocks to Buy at an All-Time Low in February (or 52-Week Low)

February 11, 2024 | finance.yahoo.com

Artesian Resources Corporation (ARTNA)

February 9, 2024 | wsj.com

Artesian Resources Corp. Cl A

February 8, 2024 | finance.yahoo.com

A Look At The Fair Value Of Artesian Resources Corporation (NASDAQ:ARTN.A)

January 31, 2024 | seekingalpha.com

Artesian Resources Is An Attractive Investment Opportunity

January 30, 2024 | nz.finance.yahoo.com

SZA Announced as Performer at 2024 Grammy Awards

January 29, 2024 | msn.com

Artesian Resources declares $0.2897 dividend

January 29, 2024 | finance.yahoo.com

Artesian Resources Corporation Declares Common Stock Dividend

December 22, 2023 | finance.yahoo.com

Artesian Resources Corp Senior Vice President Nicholle Taylor Sells 4,750 Shares

November 27, 2023 | finance.yahoo.com

Can Artesian Resources Corporation's (NASDAQ:ARTN.A) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?

November 10, 2023 | benzinga.com

Tuesday Is Your Last Chance To Buy Artesian Resources Before The Dividend Payout

November 10, 2023 | finance.yahoo.com

Artesian Resources (NASDAQ:ARTN.A) Is Increasing Its Dividend To $0.2897

See More Headlines

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Company Calendar

Ex-Dividend for 2/23 Dividend: 2/08/2024
Dividend Payable: 2/23/2024
Last Earnings: 3/13/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Utilities
Industry: Water supply
Sub-Industry: Water Utilities
Current Symbol: NASDAQ:ARTNA
CUSIP: 04311320
CIK: 863110
Web: www.artesianwater.com
Phone: (302) 453-6900
Fax: 302-453-6957
Employees: 251
Year Founded: 1905

Profitability

EPS (Most Recent Fiscal Year): $1.66
Trailing P/E Ratio: 20.70
Forward P/E Ratio: 17.27
P/E Growth: N/A
Net Income: $16.70 million
Net Margins: 16.89%
Pretax Margin: 16.89%
Return on Equity: 7.62%
Return on Assets: 2.22%

Debt

Debt-to-Equity Ratio: 0.77
Current Ratio: 1.37
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $98.86 million
Price / Sales: 3.58
Cash Flow: $2.98 per share
Price / Cash Flow: 11.54
Book Value: $22.42 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 10,290,000
Free Float: 8,170,000
Market Cap: $353.67 million
Optionable: Not Optionable
Beta: 0.18

Social Links

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Key Executives

Ms. Dian C. Taylor (Age 78)
Chairperson, CEO & President
Comp: $774.07k
Ms. Nicholle R. Taylor (Age 56)
Senior VP of Investor Relations & Director
Comp: $516.82k
Mr. Joseph A. DiNunzio CPA (Age 61)
CGMA, Executive VP & Corporate Secretary
Comp: $500.96k
Mr. David B. Spacht (Age 64)
Chief Financial Officer
Comp: $549.56k
Mr. John M. Thaeder (Age 66)
Senior Vice President of Operations
Comp: $439.4k
Mr. Pierre A. Anderson (Age 45)
Senior VP & Chief Information Officer
Ms. Courtney A. Emerson Esq. (Age 42)
General Counsel & Assistant Secretary
Ms. Jennifer L. Finch CPA (Age 55)
Corporate Treasurer & Senior VP of Finance
Comp: $484.65k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ARTNA Stock Analysis - Frequently Asked Questions

How have ARTNA shares performed in 2024?: Artesian Resources' stock was trading at $41.45 at the start of the year. Since then, ARTNA stock has decreased by 17.1% and is now trading at $34.37.
View the best growth stocks for 2024 here.
Are investors shorting Artesian Resources?: Artesian Resources saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 171,100 shares, an increase of 23.0% from the March 15th total of 139,100 shares. Based on an average trading volume of 37,100 shares, the short-interest ratio is currently 4.6 days.
View Artesian Resources' Short Interest.
When is Artesian Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ARTNA earnings forecast.
How were Artesian Resources' earnings last quarter?: Artesian Resources Co. (NASDAQ:ARTNA) issued its quarterly earnings results on Wednesday, March, 13th. The utilities provider reported $0.34 earnings per share (EPS) for the quarter. The utilities provider had revenue of $24.55 million for the quarter. Artesian Resources had a net margin of 16.89% and a trailing twelve-month return on equity of 7.62%.
How often does Artesian Resources pay dividends? What is the dividend yield for Artesian Resources?: Artesian Resources announced a quarterly dividend on Monday, January 29th. Stockholders of record on Friday, February 9th will be given a dividend of $0.29 per share on Friday, February 23rd. This represents a $1.16 annualized dividend and a dividend yield of 3.38%. The ex-dividend date is Thursday, February 8th.
Read our dividend analysis for ARTNA.

Is Artesian Resources a good dividend stock?: Artesian Resources (NASDAQ:ARTNA) pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.44%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARTNA will have a dividend payout ratio of 55.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARTNA.
What ETFs hold Artesian Resources' stock?: ETFs with the largest weight of Artesian Resources (NASDAQ:ARTNA) stock in their portfolio include ProShares Russell 2000 Dividend Growers ETF (SMDV) and Global X Clean Water ETF (AQWA).Invesco Water Resources ETF (PHO).
What is Dian C. Taylor's approval rating as Artesian Resources' CEO?: 7 employees have rated Artesian Resources Chief Executive Officer Dian C. Taylor on Glassdoor.com. Dian C. Taylor has an approval rating of 48% among the company's employees. This puts Dian C. Taylor in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 46.0% of employees surveyed would recommend working at Artesian Resources to a friend.
How do I buy shares of Artesian Resources?: Shares of ARTNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARTNA) was last updated on 4/19/2024 by MarketBeat.com Staff

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Artesian Resources (ARTNA) Stock Price, News & Analysis

Artesian Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Artesian Resources Stock (NASDAQ:ARTNA)

ARTNA Stock Price History

ARTNA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ARTNA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™