Artesian Resources Corporation Company Profile (NASDAQ:ARTNA)

About Artesian Resources Corporation

Artesian Resources Corporation logoArtesian Resources Corporation is a holding company. The Company, through its subsidiaries, offers water, wastewater and other services on the Delmarva Peninsula. It distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal and utility customers in Delaware, Maryland and Pennsylvania. It also provides contract water and wastewater operations, and water and sewer Service Line Protection Plans. Its subsidiaries include Artesian Water Company, Inc. (Artesian Water), Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc., Artesian Wastewater Management, Inc., Artesian Wastewater Maryland, Inc., Artesian Utility Development, Inc., Artesian Development Corporation and Artesian Consulting Engineers, Inc. Artesian Water distributes and sells water to residential, commercial, industrial, Governmental, municipal and utility customers throughout the State of Delaware.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Water Utilities
  • Sub-Industry: Water Utilities
  • Exchange: NASDAQ
  • Symbol: ARTNA
  • CUSIP: 04311320
Key Metrics:
  • Previous Close: $32.99
  • 50 Day Moving Average: $31.31
  • 200 Day Moving Average: $30.05
  • 52-Week Range: $25.17 - $35.00
  • Trailing P/E Ratio: 24.88
  • Foreward P/E Ratio: 22.60
  • P/E Growth: 6.02
  • Market Cap: $299.79M
  • Outstanding Shares: 9,115,000
  • Beta: 0.17
Profitability:
  • Net Margins: 15.39%
  • Return on Equity: 8.99%
  • Return on Assets: 2.76%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 0.76%
  • Quick Ratio: 0.66%
Additional Links:
Companies Related to Artesian Resources Corporation:

Analyst Ratings

Consensus Ratings for Artesian Resources Corporation (NASDAQ:ARTNA) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $29.00 (12.09% downside)

Analysts' Ratings History for Artesian Resources Corporation (NASDAQ:ARTNA)
Show:
DateFirmActionRatingPrice TargetDetails
1/17/2017Hilliard LyonsUpgradeNeutral -> BuyView Rating Details
3/2/2016Robert W. BairdDowngradeOutperform -> Neutral$29.00View Rating Details
(Data available from 2/28/2015 forward)

Earnings

Earnings History for Artesian Resources Corporation (NASDAQ:ARTNA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
3/9/2016Q415$0.24$0.21$18.10 million$18.80 millionViewN/AView Earnings Details
3/11/2015$0.21$0.24ViewN/AView Earnings Details
11/5/2014$0.33$0.37ViewN/AView Earnings Details
8/7/2014$0.32$0.22ViewN/AView Earnings Details
5/6/2014$0.21$0.23ViewN/AView Earnings Details
3/12/2014Q413$0.24$0.17$17.48 million$16.90 millionViewN/AView Earnings Details
11/6/2013Q313$0.34$0.29$19.67 million$18.10 millionViewN/AView Earnings Details
11/7/2012Q312$0.35$0.33$19.07 million$19.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Artesian Resources Corporation (NASDAQ:ARTNA)
Current Year EPS Consensus Estimate: $1.37 EPS
Next Year EPS Consensus Estimate: $1.46 EPS

Dividends

Current Dividend Information for Artesian Resources Corporation (NASDAQ:ARTNA)
Annual Dividend:$0.91
Dividend Yield:2.76%
Payout Ratio:68.42% (Based on Trailing 12 Months of Earnings)
66.42% (Based on Current Year Consensus EPS Estimate)
62.33% (Based on Next Year Consensus EPS Estimate)

Dividend History for Artesian Resources Corporation (NASDAQ:ARTNA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/12/2017quarterly$0.233.1%2/8/20172/10/20172/22/2017
9/29/2016$0.2311/7/201611/9/201611/21/2016
7/28/2016Quarterly$0.238/8/20168/10/20168/22/2016
5/5/2016quarterly$0.223.14%5/12/20165/16/20165/27/2016
1/29/2016quarterly$0.222.92%2/8/20162/10/20162/22/2016
9/16/2015quarterly$0.224.03%11/5/201511/9/201511/20/2015
7/30/2015quarterly$0.224.06%8/6/20158/10/20158/21/2015
3/24/2015quarterly$0.224.06%5/7/20155/11/20155/22/2015
1/29/2015quarterly$0.223.81%2/9/20152/11/20152/23/2015
9/17/2014quarterly$0.224.17%11/5/201411/7/201411/21/2014
7/30/2014quarterly$0.213.89%8/7/20148/11/20148/22/2014
4/4/2014quarterly$0.213.82%5/8/20145/12/20145/23/2014
1/22/2014quarterly$0.213.75%2/6/20142/10/20142/21/2014
9/17/2013quarterly$0.213.76%11/6/201311/8/201311/22/2013
7/30/2013quarterly$0.213.5%8/8/20138/12/20138/23/2013
4/26/2013quarterly$0.213.54%5/8/20135/10/20135/22/2013
1/30/2013quarterly$0.203.58%2/7/20132/11/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Artesian Resources Corporation (NASDAQ:ARTNA)
Insider Ownership Percentage: 20.59%
Institutional Ownership Percentage: 37.21%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/19/2016Kenneth R BiedermanDirectorSell1,000$32.03$32,030.00View SEC Filing  
11/10/2016Nicholle Renee TaylorDirectorBuy28$28.50$798.00View SEC Filing  
9/20/2016Pierre A AndersonVPSell250$28.61$7,152.50View SEC Filing  
6/8/2016William C WyerDirectorSell3,375$30.02$101,317.50View SEC Filing  
6/7/2016Nicholle Renee TaylorDirectorBuy151$28.89$4,362.39View SEC Filing  
6/3/2016John R Eisenbrey JrDirectorSell5,900$29.00$171,100.00View SEC Filing  
5/25/2016John R Eisenbrey JrDirectorSell7,600$29.05$220,780.00View SEC Filing  
5/12/2016Nicholle Renee TaylorDirectorBuy32$28.00$896.00View SEC Filing  
5/9/2016Kenneth R BiedermanDirectorSell6,750$27.94$188,595.00View SEC Filing  
3/23/2016Dian C TaylorInsiderSell6,750$25.89$174,757.50View SEC Filing  
12/16/2015John R. Eisenbrey, Jr.DirectorSell6,750$25.40$171,450.00View SEC Filing  
11/27/2015William C. WyerDirectorSell4,700$25.60$120,320.00View SEC Filing  
11/23/2015Dian C. TaylorinsiderSell11,250$25.37$285,412.50View SEC Filing  
11/23/2015William C. WyerDirectorSell2,050$25.60$52,480.00View SEC Filing  
11/20/2015Kenneth R. BiedermanDirectorSell3,375$25.25$85,218.75View SEC Filing  
11/19/2015Nicholle Renee TaylorDirectorSell8,540$24.99$213,414.60View SEC Filing  
11/11/2015Kenneth R. BiedermanDirectorSell3,375$25.00$84,375.00View SEC Filing  
9/22/2015John R. Eisenbrey, Jr.DirectorSell11,250$23.07$259,537.50View SEC Filing  
9/21/2015William C. WyerDirectorSell5,625$22.50$126,562.50View SEC Filing  
9/17/2015Joseph A. DinunzioVPSell11,250$22.00$247,500.00View SEC Filing  
9/17/2015Kenneth R. BiedermanDirectorSell5,625$22.20$124,875.00View SEC Filing  
9/15/2015John M. ThaederSVPSell6,321$21.70$137,165.70View SEC Filing  
8/27/2015William C. WyerDirectorSell5,625$22.01$123,806.25View SEC Filing  
12/22/2014John M ThaederSVPSell4,000$22.06$88,240.00View SEC Filing  
6/12/2014David B SpachtCFOSell2,600$22.19$57,694.00View SEC Filing  
5/22/2014Dian TaylorInsiderSell6,750$21.41$144,517.50View SEC Filing  
5/16/2014John ThaederSVPSell2,575$21.21$54,615.75View SEC Filing  
5/16/2014Nicholle Renee TaylorDirectorSell6,750$21.21$143,167.50View SEC Filing  
3/21/2014David SpachtCFOSell5,000$22.27$111,350.00View SEC Filing  
3/21/2014John ThaederSVPSell2,875$22.40$64,400.00View SEC Filing  
3/20/2014John Schreppler IIVPSell3,375$22.26$75,127.50View SEC Filing  
3/20/2014William WyerDirectorSell6,750$22.33$150,727.50View SEC Filing  
3/18/2014John Schreppler IIVPSell3,375$22.25$75,093.75View SEC Filing  
3/18/2014Kenneth BiedermanDirectorSell6,750$22.12$149,310.00View SEC Filing  
11/14/2013Bruce KraeuterSVPSell6,697$22.26$149,075.22View SEC Filing  
11/14/2013Joseph DinunzioVPSell6,750$22.26$150,255.00View SEC Filing  
6/13/2013David B SpachtCFOSell7,515$22.05$165,705.75View SEC Filing  
6/12/2013David B SpachtCFOSell8,551$22.05$188,549.55View SEC Filing  
6/10/2013David B SpachtCFOSell1,934$22.15$42,838.10View SEC Filing  
5/15/2013Bruce P KraeuterSVPSell1,292$22.44$28,992.48View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Artesian Resources Corporation (NASDAQ:ARTNA)
DateHeadline
capitalcube.com logoArtesian Resources Corp. : ARTNA-US: Dividend Analysis : November 09th, 2016 (record date) : By the numbers : January 6, 2017 (NASDAQ:ARTNA)
www.capitalcube.com - January 6 at 3:45 PM
capitalcube.com logoETFs with exposure to Artesian Resources Corp. : January 4, 2017 (NASDAQ:ARTNA)
www.capitalcube.com - January 4 at 3:45 PM
nasdaq.com logoTuesday Sector Laggards: Water Utilities, Computer Peripherals - Presented by: The Aol. On Network (NASDAQ:ARTNA)
www.nasdaq.com - January 4 at 2:27 AM
nasdaq.com logoTuesday Sector Laggards: Water Utilities, Computer Peripherals (NASDAQ:ARTNA)
www.nasdaq.com - January 3 at 9:18 PM
capitalcube.com logoETFs with exposure to Artesian Resources Corp. : December 21, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - December 21 at 4:39 PM
News IconDirector of Artesian Resources Corporation (NASDAQ:ARTNA), Biederman Kenneth R, sells 1,000 shares worth $32,030 (NASDAQ:ARTNA)
empowerednews.net - December 20 at 3:52 PM
News IconSantos spin off of Narrabri CSG project should prompt cancellation (NASDAQ:ARTNA)
jeremybuckingham.org - December 8 at 8:56 PM
News IconVoters near proposed Adani mine oppose public loan for rail line, poll finds (NASDAQ:ARTNA)
www.theguardian.com - December 8 at 8:56 PM
capitalcube.com logoArtesian Resources Corp. :ARTNA-US: Earnings Analysis: Q3, 2016 By the Numbers : November 23, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - November 23 at 12:47 PM
biz.yahoo.com logoARTESIAN RESOURCES CORP Files SEC form 8-K, Other Events (NASDAQ:ARTNA)
biz.yahoo.com - November 10 at 9:44 PM
globenewswire.com logoArtesian Resources Corporation Reports 2016 Third Quarter and Year-to-Date Results (NASDAQ:ARTNA)
globenewswire.com - November 3 at 12:19 PM
capitalcube.com logoArtesian Resources Corp. : ARTNA-US: Dividend Analysis : August 10th, 2016 (record date) : By the numbers : October 14, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - October 14 at 3:33 PM
capitalcube.com logoETF’s with exposure to Artesian Resources Corp. : October 14, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - October 14 at 11:44 AM
News IconEleven Dividend Growth Companies Showering Investors With More Cash (NASDAQ:ARTNA)
www.dividendgrowthinvestor.com - October 3 at 8:23 AM
News Icon11 Stocks Providing Their Shareholders A Growing Income With Higher Cash Dividends (NASDAQ:ARTNA)
www.dividend-growth-stocks.com - October 3 at 8:23 AM
News IconSADIF Analytics releases new rating update reports for USA stocks 3 (NASDAQ:ARTNA)
reports.pr-inside.com - September 30 at 8:51 AM
4-traders.com logoArtesian Resources Corporation : Announces a 1.5% Increase In Common Stock Dividend (NASDAQ:ARTNA)
www.4-traders.com - September 30 at 8:51 AM
seekingalpha.com logoArtesian Resources Corporation declares $0.2283 dividend (NASDAQ:ARTNA)
seekingalpha.com - September 29 at 3:49 PM
finance.yahoo.com logoArtesian Resources Corporation Announces a 1.5% Increase In Common Stock Dividend (NASDAQ:ARTNA)
finance.yahoo.com - September 29 at 3:49 PM
nasdaq.com logoMid-Day Market Update: Novavax Tumbles Following Failed Trial; Depomed Shares Surge (NASDAQ:ARTNA)
www.nasdaq.com - September 16 at 3:34 PM
publicnow.com logoService Interruptions & Office Closings (NASDAQ:ARTNA)
www.publicnow.com - September 12 at 3:34 PM
live-pr.com logoNew Market Research Report: Artesian Resources Corporation (ARTNA) - Financial and Strategic SWOT Analysis Review (NASDAQ:ARTNA)
www.live-pr.com - August 19 at 11:58 AM
capitalcube.com logoArtesian Resources Corp. :ARTNA-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - August 5 at 12:00 PM
finance.yahoo.com logoArtesian Resources Corporation Reports Year-to-Date and Second Quarter 2016 Results (NASDAQ:ARTNA)
finance.yahoo.com - August 3 at 9:15 PM
publicnow.com logoArtesian Reports Year-to-Date and Second Quarter 2016 Results (NASDAQ:ARTNA)
www.publicnow.com - August 3 at 9:15 PM
capitalcube.com logoETF’s with exposure to Artesian Resources Corp. : July 20, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - July 20 at 12:11 PM
finance.yahoo.com logoConnecticut Water Seeks Approval for Heritage Village Buyout (NASDAQ:ARTNA)
finance.yahoo.com - July 11 at 3:33 PM
finance.yahoo.com logoConnecticut Water Hits a 52-Week High on Rising Demand (NASDAQ:ARTNA)
finance.yahoo.com - July 5 at 11:26 AM
capitalcube.com logoETF’s with exposure to Artesian Resources Corp. : July 1, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - July 1 at 5:53 PM
nasdaq.com logoMid-Afternoon Market Update: Crude Oil Down 3.5%; Barclays Shares Tumble (NASDAQ:ARTNA)
www.nasdaq.com - June 27 at 3:54 PM
4-traders.com logoMonday Sector Leaders: Water Utilities, Electric Utilities (NASDAQ:ARTNA)
www.4-traders.com - June 27 at 3:54 PM
finance.yahoo.com logoConnecticut Water Thriving on Buyouts, Regulated Business (NASDAQ:ARTNA)
finance.yahoo.com - June 24 at 9:25 AM
forbes.com logoFriday Sector Laggards: Drugs, Water Utilities (NASDAQ:ARTNA)
www.forbes.com - June 17 at 3:32 PM
finance.yahoo.com logoAmerican States Water (WTR) in Pursuit of Organic Growth (NASDAQ:ARTNA)
finance.yahoo.com - June 15 at 5:20 PM
finance.yahoo.com logo4 Stocks to Gain from Weak Jobs Data (NASDAQ:ARTNA)
finance.yahoo.com - June 6 at 10:48 AM
finance.yahoo.com logoArtesian Resources Corporation Rings Closing Bell at NASDAQ Headquarters (NASDAQ:ARTNA)
finance.yahoo.com - May 24 at 4:35 PM
investopedia.com logoThe Top 5 Micro Cap Utility Stocks for 2016 (ARTNA, DGAS) (NASDAQ:ARTNA)
www.investopedia.com - January 29 at 11:11 AM
publicnow.com logoArtesian Declares Common Stock Dividend (NASDAQ:ARTNA)
www.publicnow.com - January 27 at 5:37 PM
finance.yahoo.com logoArtesian Resources Corporation Declares Common Stock Dividend (NASDAQ:ARTNA)
finance.yahoo.com - January 27 at 4:09 PM
capitalcube.com logoArtesian Resources Corp. Earnings Analysis: Q3, 2015 By the Numbers (NASDAQ:ARTNA)
www.capitalcube.com - December 23 at 9:38 AM
finance.yahoo.com logoARTESIAN RESOURCES CORP Financials (NASDAQ:ARTNA)
finance.yahoo.com - December 8 at 1:17 PM
biz.yahoo.com logoARTESIAN RESOURCES CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:ARTNA)
biz.yahoo.com - November 6 at 12:22 PM
sg.finance.yahoo.com logoArtesian Resources posts 3Q profit (NASDAQ:ARTNA)
sg.finance.yahoo.com - November 4 at 7:28 PM
noodls.com logoArtesian Reports Third Quarter 2015 Results (NASDAQ:ARTNA)
www.noodls.com - November 4 at 5:08 PM
finance.yahoo.com logoArtesian Resources Corporation Reports Third Quarter 2015 Results (NASDAQ:ARTNA)
finance.yahoo.com - November 4 at 4:05 PM
finance.yahoo.com logoArtesian Water Maryland Inducted Into the Cecil County Maryland Chamber of Commerce Business Hall of Fame (NASDAQ:ARTNA)
finance.yahoo.com - October 29 at 2:43 PM
investors.com logoNew Highs In This Market? These Stocks Defy Sell-Off (NASDAQ:ARTNA)
news.investors.com - September 28 at 5:34 PM
finance.yahoo.com logo3 Reasons Momentum Stock Investors Will Love Artesian Resources (ARTNA) (NASDAQ:ARTNA)
finance.yahoo.com - September 24 at 8:33 AM
biz.yahoo.com logoARTESIAN RESOURCES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia (NASDAQ:ARTNA)
biz.yahoo.com - September 18 at 2:59 PM
finance.yahoo.com logoArtesian Resources' (ARTNA) Quarterly Dividend Up 1.5% (NASDAQ:ARTNA)
finance.yahoo.com - September 16 at 4:30 PM

Social

What is Artesian Resources Corporation's stock symbol?

Artesian Resources Corporation trades on the NASDAQ under the ticker symbol "ARTNA."

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

Artesian Resources Corporation declared a quarterly dividend on Thursday, January 12th. Stockholders of record on Friday, February 10th will be given a dividend of $0.2283 per share on Wednesday, February 22nd. This represents a $0.91 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Wednesday, February 8th. This is an increase from Artesian Resources Corporation's previous quarterly dividend of $0.23.

Where is Artesian Resources Corporation's stock going? Where will Artesian Resources Corporation's stock price be in 2017?

2 equities research analysts have issued 1-year price targets for Artesian Resources Corporation's shares. Their predictions range from $29.00 to $29.00. On average, they anticipate Artesian Resources Corporation's share price to reach $29.00 in the next year.

When will Artesian Resources Corporation announce their earnings?

Artesian Resources Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 2nd 2016.

Who owns Artesian Resources Corporation stock?

Artesian Resources Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.91%), Dimensional Fund Advisors LP (2.11%), State Street Corp (1.91%), Cutter & CO Brokerage Inc. (1.08%), Thrivent Financial for Lutherans (0.82%) and Martingale Asset Management L P (0.41%). Company insiders that own Artesian Resources Corporation stock include Dian C Taylor, John M Thaeder, John R Eisenbrey Jr, John R Eisenbrey, Jr, Joseph A Dinunzio, Kenneth R Biederman, Nicholle Renee Taylor, Pierre A Anderson and William C Wyer.

Who sold Artesian Resources Corporation stock? Who is selling Artesian Resources Corporation stock?

Artesian Resources Corporation's stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P. Company insiders that have sold Artesian Resources Corporation stock in the last year include Dian C Taylor, John R Eisenbrey Jr, Kenneth R Biederman, Pierre A Anderson and William C Wyer.

Who bought Artesian Resources Corporation stock? Who is buying Artesian Resources Corporation stock?

Artesian Resources Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Cutter & CO Brokerage Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, GSA Capital Partners LLP, State Street Corp, Bessemer Group Inc. and Raymond James Financial Services Advisors Inc..

How do I buy Artesian Resources Corporation stock?

Shares of Artesian Resources Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Artesian Resources Corporation stock cost?

One share of Artesian Resources Corporation stock can currently be purchased for approximately $32.99.

Artesian Resources Corporation (NASDAQ:ARTNA) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)

Earnings History Chart

Earnings by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)

Dividend History Chart

Dividend Payments by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)

Last Updated on 2/28/2017 by MarketBeat.com Staff