Artesian Resources Company Profile (NASDAQ:ARTNA)

About Artesian Resources (NASDAQ:ARTNA)

Artesian Resources logoArtesian Resources Corporation is a holding company. The Company's subsidiaries offer water, wastewater and other services on the Delmarva Peninsula. The Company distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal and utility customers in the states of Delaware, Maryland and Pennsylvania. The Company also provides wastewater services to customers in Delaware. In addition, the Company provides contract water and wastewater operations, and water, sewer and internal Service Line Protection Plans. As of December 31, 2016, the Company was the holding company of five regulated public utilities: Artesian Water Company, Inc., Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc., Artesian Wastewater Management, Inc. and Artesian Wastewater Maryland, Inc., and three non-regulated subsidiaries: Artesian Utility Development, Inc., Artesian Development Corporation and Artesian Consulting Engineers, Inc.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Water Utilities
  • Sub-Industry: Water Utilities
  • Symbol: NASDAQ:ARTNA
  • CUSIP: 04311320
  • Web:
  • Market Cap: $331.87 million
  • Outstanding Shares: 9,145,000
Average Prices:
  • 50 Day Moving Avg: $36.95
  • 200 Day Moving Avg: $33.11
  • 52 Week Range: $26.28 - $40.40
  • Trailing P/E Ratio: 25.20
  • Foreward P/E Ratio: 22.82
  • P/E Growth: 6.14
Sales & Book Value:
  • Annual Revenue: $79.83 million
  • Price / Sales: 4.16
  • Book Value: $15.36 per share
  • Price / Book: 2.36
  • Annual Dividend: $0.91
  • Dividend Yield: 2.6%
  • EBIDTA: $36.62 million
  • Net Margins: 15.39%
  • Return on Equity: 8.99%
  • Return on Assets: 2.76%
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 0.76%
  • Quick Ratio: 0.66%
  • Average Volume: 24,598 shs.
  • Beta: 0.17
  • Short Ratio: 2.23

Frequently Asked Questions for Artesian Resources (NASDAQ:ARTNA)

What is Artesian Resources' stock symbol?

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

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

Artesian Resources announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be given a dividend of $0.2317 per share on Friday, May 26th. This represents a $0.93 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, May 11th. This is an increase from Artesian Resources's previous quarterly dividend of $0.23. View Artesian Resources' Dividend History.

How were Artesian Resources' earnings last quarter?

Artesian Resources Co. (NASDAQ:ARTNA) issued its earnings results on Wednesday, May, 3rd. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.35 by $0.01. The business had revenue of $19.19 million for the quarter. Artesian Resources had a net margin of 15.39% and a return on equity of 8.99%. View Artesian Resources' Earnings History.

When will Artesian Resources make its next earnings announcement?

Artesian Resources is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Artesian Resources.

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

1 analysts have issued twelve-month target prices for Artesian Resources' stock. Their forecasts range from $41.00 to $41.00. On average, they expect Artesian Resources' share price to reach $41.00 in the next year. View Analyst Ratings for Artesian Resources.

Are investors shorting Artesian Resources?

Artesian Resources saw a decrease in short interest in April. As of April 13th, there was short interest totalling 61,500 shares, a decrease of 6.7% from the March 31st total of 65,918 shares. Based on an average daily volume of 20,730 shares, the days-to-cover ratio is currently 3.0 days.

Who are some of Artesian Resources' key competitors?

Who owns Artesian Resources stock?

Artesian Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.00%), Renaissance Technologies LLC (0.00%), First Manhattan Co. (2.81%), Dimensional Fund Advisors LP (0.00%), WFG Advisors LP (0.00%) and Morgan Stanley (0.00%). Company insiders that own Artesian Resources 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. View Institutional Ownership Trends for Artesian Resources.

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

Artesian Resources' stock was sold by a variety of institutional investors in the last quarter, including Cutter & CO Brokerage Inc., WFG Advisors LP, UBS Group AG, Parametric Portfolio Associates LLC, Morgan Stanley, KBC Group NV, First Trust Advisors LP and JPMorgan Chase & Co.. Company insiders that have sold Artesian Resources stock in the last year include Dian C Taylor, John R Eisenbrey Jr, Kenneth R Biederman, Pierre A Anderson and William C Wyer. View Insider Buying and Selling for Artesian Resources.

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

Artesian Resources' stock was acquired by a variety of institutional investors in the last quarter, including Water Asset Management LLC, Renaissance Technologies LLC, First Manhattan Co., Goldman Sachs Group Inc., Martingale Asset Management L P, ClariVest Asset Management LLC, Dimensional Fund Advisors LP and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Artesian Resources.

How do I buy Artesian Resources stock?

Shares of Artesian Resources 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 stock cost?

One share of Artesian Resources stock can currently be purchased for approximately $36.29.

Analyst Ratings

Consensus Ratings for Artesian Resources (NASDAQ:ARTNA) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $41.00 (12.98% upside)

Analysts' Ratings History for Artesian Resources (NASDAQ:ARTNA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Hilliard LyonsDowngradeBuy -> Neutral$41.00MediumView Rating Details
3/2/2016Robert W. BairdDowngradeOutperform -> Neutral$29.00N/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Artesian Resources (NASDAQ:ARTNA)
Earnings by Quarter for Artesian Resources (NASDAQ:ARTNA)
Earnings History by Quarter for Artesian Resources (NASDAQ:ARTNA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.35$0.34$19.19 millionViewN/AView Earnings Details
3/8/2017Q4 2016$0.25$0.30$19.42 millionViewN/AView Earnings Details
11/2/2016Q3 2016$0.41$0.48$21.83 millionViewN/AView Earnings Details
4/3/2016Q1 2016$0.27$0.31$19.40 millionViewN/AView Earnings Details
3/9/2016Q415$0.24$0.21$18.10 million$18.80 millionViewN/AView Earnings Details
11/4/2015Q3 2015$0.35$0.41$20.78 millionViewN/AView Earnings Details
3/11/2015Q4 2014$0.21$0.24$18.08 millionViewN/AView Earnings Details
11/5/2014Q3 2014$0.34$0.37$19.83 million$19.60 millionViewN/AView Earnings Details
8/7/2014Q2 2014$0.32$0.22$18.90 million$17.89 millionViewN/AView Earnings Details
5/6/2014Q1 2014$0.21$0.23$16.93 million$16.90 millionViewN/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)


Earnings Estimates for Artesian Resources (NASDAQ:ARTNA)
Current Year EPS Consensus Estimate: $1.49 EPS
Next Year EPS Consensus Estimate: $1.59 EPS


Current Dividend Information for Artesian Resources (NASDAQ:ARTNA)
Next Dividend:5/26/2017
Annual Dividend:$0.91
Dividend Yield:2.51%
Payout Ratio:68.42% (Trailing 12 Months of Earnings)
61.07% (Based on This Year's Estimates)
57.23% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Artesian Resources (NASDAQ:ARTNA)

Dividend History by Quarter for Artesian Resources (NASDAQ:ARTNA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Artesian Resources (NASDAQ:ARTNA)
Insider Ownership Percentage: 20.59%
Institutional Ownership Percentage: 37.21%
Insider Trades by Quarter for Artesian Resources (NASDAQ:ARTNA)
Institutional Ownership by Quarter for Artesian Resources (NASDAQ:ARTNA)
Insider Trades by Quarter for Artesian Resources (NASDAQ:ARTNA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017William C WyerDirectorSell2,255$37.60$84,788.00View SEC Filing  
5/10/2017Kenneth R BiedermanDirectorSell1,000$36.00$36,000.00View SEC Filing  
3/21/2017Dian C TaylorInsiderSell6,750$33.10$223,425.00View SEC Filing  
3/15/2017Kenneth R BiedermanDirectorSell1,750$33.48$58,590.00View SEC Filing  
3/13/2017Kenneth R BiedermanDirectorSell3,000$31.61$94,830.00View SEC Filing  
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)


Headline Trends for Artesian Resources (NASDAQ:ARTNA)
Latest Headlines for Artesian Resources (NASDAQ:ARTNA)
DateHeadline logoInsider Selling: Artesian Resources Co. (ARTNA) Director Sells 2,255 Shares of Stock - May 17 at 4:26 PM logoArtesian Resources Corporation announces support for Infrastructure Week - May 16 at 12:33 PM logoArtesian Resources Corp. : ARTNA-US: Dividend Analysis : May 15th, 2017 (record date) : By the numbers : May 11, 2017 - May 11 at 4:05 PM logoKenneth R. Biederman Sells 1,000 Shares of Artesian Resources Co. (ARTNA) Stock - May 11 at 10:40 AM logoZacks: Artesian Resources Co. (ARTNA) Given $37.00 Consensus Price Target by Analysts - May 11 at 8:42 AM logoArtesian Resources Co. (ARTNA) Stock Rating Lowered by Zacks Investment Research - May 9 at 11:02 PM logoHilliard Lyons Downgrades Artesian Resources (ARTNA) to Neutral - May 6 at 4:05 PM logoArtesian Resources Co. (ARTNA) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS - May 5 at 2:30 PM logoArtesian Resources Co. (ARTNA) Rating Lowered to Neutral at Hilliard Lyons - May 5 at 12:04 AM logoArtesian Resources Co. (ARTNA) Raises Dividend to $0.23 Per Share - May 4 at 7:24 PM logoArtesian Resources misses by $0.01, misses on revenue - May 3 at 8:43 PM logoArtesian Resources Corporation Reports First Quarter 2017 Results - May 3 at 8:43 PM logoFavorable News Coverage Very Likely to Affect Artesian Resources (ARTNA) Share Price - May 2 at 7:28 PM logoInvest in Water Before It's Too Late: Stocks in Focus - May 2 at 8:46 AM logoArtesian Resources Co. (ARTNA) Set to Announce Earnings on Tuesday - April 30 at 7:12 AM logoArtesian Resources (ARTNA) Getting Very Favorable News Coverage, Study Shows - April 29 at 9:42 AM logoArtesian Resources Co. (ARTNA) Short Interest Update - April 29 at 7:51 AM logo Artesian Resources Co. (ARTNA) Receives Consensus Recommendation of "Buy" from Analysts - April 26 at 8:12 AM logoArtesian Resources (ARTNA) Getting Positive Media Coverage, Report Finds - April 25 at 2:52 PM logoCan The Uptrend Continue for Artesian Resources (ARTNA)? - April 21 at 3:43 PM logoAmerican Water Unit to Invest $8.5M to Upgrade Water Storage - April 21 at 3:43 PM logoArtesian Resources (ARTNA) Receiving Somewhat Negative News Coverage, Analysis Finds - April 20 at 8:26 AM logoArtesian Resources (ARTNA) Receiving Somewhat Favorable Media Coverage, Study Finds - April 16 at 7:32 AM logoZacks: Artesian Resources Co. (ARTNA) Receives Consensus Rating of "Buy" from Analysts - April 11 at 11:36 AM logoArtesian (ARTNA) Looks Good: Stock Moves Up 5% in Session - April 10 at 9:00 AM logoAmerican Water Subsidiary Acquires Shorelands Water Company - April 7 at 8:07 AM logoAmerican Water Unit Invests $2.5M for Infrastructure Upgrade - April 7 at 8:07 AM logoArtesian Resources Corporation 2016 Annual Report Available Electronically to Shareholders - April 7 at 8:07 AM logoAmerican Water (AWK) Unit Acquires Meadowbrook Water Company - April 3 at 4:00 PM logoAmerican Water Unit to Invest $4.2M to Replace Water Mains - March 28 at 10:43 AM logo Artesian Resources Co. (ARTNA) Given $37.00 Consensus Target Price by Brokerages - March 27 at 12:14 PM logoWhy You Should Still Hold onto Aqua America (WTR) Stock - March 23 at 9:05 PM logoArtesian Resources Co. (ARTNA) Insider Dian C. Taylor Sells 6,750 Shares - March 22 at 7:46 PM logoARTESIAN RESOURCES CORP Financials - March 16 at 5:07 PM logoARTESIAN RESOURCES CORP Files SEC form 10-K, Annual Report - March 10 at 4:25 PM logoArtesian Resources beats by $0.05, beats on revenue - March 9 at 9:15 PM logoArtesian Resources Corporation Reports 4th Quarter and 2016 Year-End Earnings - March 8 at 9:17 PM logoIs it Time to Add American Water Works (AWK) to Portfolio? - March 2 at 3:53 PM logo12:04 pm Artesian Resrces enters into an agreement with the Fort DuPont Redevelopment and Preservation Corporation for the purchase of existing water assets and for the provision of potable water and fire suppression services; financial det - February 28 at 3:51 PM logoArtesian Water Company, Inc. Enters Into Agreement to purchase water assets of the Fort DuPont Redevelopment and Preservation Corporation - February 28 at 1:26 PM logoTuesday Sector Laggards: Water Utilities, Computer Peripherals - Presented by: The Aol. On Network - January 4 at 2:27 AM logoTuesday Sector Laggards: Water Utilities, Computer Peripherals - January 3 at 9:18 PM logoARTESIAN RESOURCES CORP Files SEC form 8-K, Other Events - November 10 at 9:44 PM logoArtesian Resources Corporation Reports 2016 Third Quarter and Year-to-Date Results - November 3 at 12:19 PM logoArtesian Resources Corporation declares $0.2283 dividend - September 29 at 3:49 PM logoArtesian Resources Corporation Announces a 1.5% Increase In Common Stock Dividend - September 29 at 3:49 PM logoMid-Day Market Update: Novavax Tumbles Following Failed Trial; Depomed Shares Surge - September 16 at 3:34 PM logoArtesian Resources Corporation Reports Year-to-Date and Second Quarter 2016 Results - August 3 at 9:15 PM logoConnecticut Water Seeks Approval for Heritage Village Buyout - July 11 at 3:33 PM logoConnecticut Water Hits a 52-Week High on Rising Demand - July 5 at 11:26 AM



Artesian Resources (ARTNA) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff