About Artesian Resources Corp.
Artesian 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: $29.05
- 50 Day Moving Average: $28.89
- 200 Day Moving Average: $29.47
- 52-Week Range: $23.80 - $35.00
- Trailing P/E Ratio: 22.84
- Foreward P/E Ratio: 19.99
- P/E Growth: 5.77
- Market Cap: $262.10M
- Outstanding Shares: 9,107,000
- Beta: 0.18
Profitability:- Net Margins: 14.74%
- Return on Equity: 8.60%
- Return on Assets: 2.64%
Debt:- Debt-to-Equity Ratio: 0.76%
- Current Ratio: 0.80%
- Quick Ratio: 0.69%
Additional Links:
Companies Related to Artesian Resources Corp.:
Consensus Ratings for Artesian Resources Corp. (NASDAQ:ARTNA) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.| Ratings Breakdown: | 2 Hold Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | $29.00 (0.76% upside) |
Analysts' Ratings History for Artesian Resources Corp. (NASDAQ:ARTNA)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 3/2/2016 | Robert W. Baird | Downgrade | Outperform -> Neutral | $29.00 |  |
| 11/6/2015 | Hilliard Lyons | Upgrade | Neutral | | |
(Data available from 9/28/2014 forward)
Earnings History for Artesian Resources Corp. (NASDAQ:ARTNA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2016 | | | | | | | | |
| 3/9/2016 | Q415 | $0.24 | $0.21 | $18.10 million | $18.80 million | View | N/A | |
| 3/11/2015 | | $0.21 | $0.24 | | | View | N/A | |
| 11/5/2014 | | $0.33 | $0.37 | | | View | N/A | |
| 8/7/2014 | | $0.32 | $0.22 | | | View | N/A | |
| 5/6/2014 | | $0.21 | $0.23 | | | View | N/A | |
| 3/12/2014 | Q413 | $0.24 | $0.17 | $17.48 million | $16.90 million | View | N/A | |
| 11/6/2013 | Q313 | $0.34 | $0.29 | $19.67 million | $18.10 million | View | N/A | |
| 11/7/2012 | Q312 | $0.35 | $0.33 | $19.07 million | $19.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Artesian Resources Corp. (NASDAQ:ARTNA)Current Year EPS Consensus Estimate: $1.3 EPS
Next Year EPS Consensus Estimate: $1.44 EPS
Current Dividend Information for Artesian Resources Corp. (NASDAQ:ARTNA)| Annual Dividend: | $0.90 |
| Dividend Yield: | 3.13% |
| Payout Ratio: | 71.43% (Based on Trailing 12 Months of Earnings)
69.23% (Based on Current Year Consensus EPS Estimate)
62.50% (Based on Next Year Consensus EPS Estimate)
|
Dividend History for Artesian Resources Corp. (NASDAQ:ARTNA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/28/2016 | Quarterly | $0.23 | | 8/8/2016 | 8/10/2016 | 8/22/2016 |
| 5/5/2016 | quarterly | $0.22 | 3.14% | 5/12/2016 | 5/16/2016 | 5/27/2016 |
| 1/29/2016 | quarterly | $0.22 | 2.92% | 2/8/2016 | 2/10/2016 | 2/22/2016 |
| 9/16/2015 | quarterly | $0.22 | 4.03% | 11/5/2015 | 11/9/2015 | 11/20/2015 |
| 7/30/2015 | quarterly | $0.22 | 4.06% | 8/6/2015 | 8/10/2015 | 8/21/2015 |
| 3/24/2015 | quarterly | $0.22 | 4.06% | 5/7/2015 | 5/11/2015 | 5/22/2015 |
| 1/29/2015 | quarterly | $0.22 | 3.81% | 2/9/2015 | 2/11/2015 | 2/23/2015 |
| 9/17/2014 | quarterly | $0.22 | 4.17% | 11/5/2014 | 11/7/2014 | 11/21/2014 |
| 7/30/2014 | quarterly | $0.21 | 3.89% | 8/7/2014 | 8/11/2014 | 8/22/2014 |
| 4/4/2014 | quarterly | $0.21 | 3.82% | 5/8/2014 | 5/12/2014 | 5/23/2014 |
| 1/22/2014 | quarterly | $0.21 | 3.75% | 2/6/2014 | 2/10/2014 | 2/21/2014 |
| 9/17/2013 | quarterly | $0.21 | 3.76% | 11/6/2013 | 11/8/2013 | 11/22/2013 |
| 7/30/2013 | quarterly | $0.21 | 3.5% | 8/8/2013 | 8/12/2013 | 8/23/2013 |
| 4/26/2013 | quarterly | $0.21 | 3.54% | 5/8/2013 | 5/10/2013 | 5/22/2013 |
| 1/30/2013 | quarterly | $0.20 | 3.58% | 2/7/2013 | 2/11/2013 | 2/22/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Artesian Resources Corp. (NASDAQ:ARTNA)Insider Ownership Percentage: 20.59%
Institutional Ownership Percentage: 38.48%
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/20/2016 | Pierre A Anderson | VP | Sell | 250 | $28.61 | $7,152.50 | |
| 6/8/2016 | William C Wyer | Director | Sell | 3,375 | $30.02 | $101,317.50 | |
| 6/7/2016 | Nicholle Renee Taylor | Director | Buy | 151 | $28.89 | $4,362.39 | |
| 6/3/2016 | John R Eisenbrey Jr | Director | Sell | 5,900 | $29.00 | $171,100.00 | |
| 5/25/2016 | John R Eisenbrey Jr | Director | Sell | 7,600 | $29.05 | $220,780.00 | |
| 5/12/2016 | Nicholle Renee Taylor | Director | Buy | 32 | $28.00 | $896.00 | |
| 5/9/2016 | Kenneth R Biederman | Director | Sell | 6,750 | $27.94 | $188,595.00 | |
| 3/23/2016 | Dian C Taylor | Insider | Sell | 6,750 | $25.89 | $174,757.50 | |
| 12/16/2015 | John R. Eisenbrey, Jr. | Director | Sell | 6,750 | $25.40 | $171,450.00 | |
| 11/27/2015 | William C. Wyer | Director | Sell | 4,700 | $25.60 | $120,320.00 | |
| 11/23/2015 | Dian C. Taylor | insider | Sell | 11,250 | $25.37 | $285,412.50 | |
| 11/23/2015 | William C. Wyer | Director | Sell | 2,050 | $25.60 | $52,480.00 | |
| 11/20/2015 | Kenneth R. Biederman | Director | Sell | 3,375 | $25.25 | $85,218.75 | |
| 11/19/2015 | Nicholle Renee Taylor | Director | Sell | 8,540 | $24.99 | $213,414.60 | |
| 11/11/2015 | Kenneth R. Biederman | Director | Sell | 3,375 | $25.00 | $84,375.00 | |
| 9/22/2015 | John R. Eisenbrey, Jr. | Director | Sell | 11,250 | $23.07 | $259,537.50 | |
| 9/21/2015 | William C. Wyer | Director | Sell | 5,625 | $22.50 | $126,562.50 | |
| 9/17/2015 | Joseph A. Dinunzio | VP | Sell | 11,250 | $22.00 | $247,500.00 | |
| 9/17/2015 | Kenneth R. Biederman | Director | Sell | 5,625 | $22.20 | $124,875.00 | |
| 9/15/2015 | John M. Thaeder | SVP | Sell | 6,321 | $21.70 | $137,165.70 | |
| 8/27/2015 | William C. Wyer | Director | Sell | 5,625 | $22.01 | $123,806.25 | |
| 12/22/2014 | John M Thaeder | SVP | Sell | 4,000 | $22.06 | $88,240.00 | |
| 6/12/2014 | David B Spacht | CFO | Sell | 2,600 | $22.19 | $57,694.00 | |
| 5/22/2014 | Dian Taylor | Insider | Sell | 6,750 | $21.41 | $144,517.50 | |
| 5/16/2014 | John Thaeder | SVP | Sell | 2,575 | $21.21 | $54,615.75 | |
| 5/16/2014 | Nicholle Renee Taylor | Director | Sell | 6,750 | $21.21 | $143,167.50 | |
| 3/21/2014 | David Spacht | CFO | Sell | 5,000 | $22.27 | $111,350.00 | |
| 3/21/2014 | John Thaeder | SVP | Sell | 2,875 | $22.40 | $64,400.00 | |
| 3/20/2014 | John Schreppler II | VP | Sell | 3,375 | $22.26 | $75,127.50 | |
| 3/20/2014 | William Wyer | Director | Sell | 6,750 | $22.33 | $150,727.50 | |
| 3/18/2014 | John Schreppler II | VP | Sell | 3,375 | $22.25 | $75,093.75 | |
| 3/18/2014 | Kenneth Biederman | Director | Sell | 6,750 | $22.12 | $149,310.00 | |
| 11/14/2013 | Bruce Kraeuter | SVP | Sell | 6,697 | $22.26 | $149,075.22 | |
| 11/14/2013 | Joseph Dinunzio | VP | Sell | 6,750 | $22.26 | $150,255.00 | |
| 6/13/2013 | David B Spacht | CFO | Sell | 7,515 | $22.05 | $165,705.75 | |
| 6/12/2013 | David B Spacht | CFO | Sell | 8,551 | $22.05 | $188,549.55 | |
| 6/10/2013 | David B Spacht | CFO | Sell | 1,934 | $22.15 | $42,838.10 | |
| 5/15/2013 | Bruce P Kraeuter | SVP | Sell | 1,292 | $22.44 | $28,992.48 | |
(Data available from 1/1/2013 forward)
Latest Headlines for Artesian Resources Corp. (NASDAQ:ARTNA)| Date | Headline |
|---|
 | Mid-Day Market Update: Novavax Tumbles Following Failed Trial; Depomed Shares Surge (NASDAQ:ARTNA)
www.nasdaq.com - September 16 at 3:34 PM |
 | Service Interruptions & Office Closings (NASDAQ:ARTNA)
www.publicnow.com - September 12 at 3:34 PM |
 | New 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 |
 | Artesian 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 |
 | Artesian Resources Corporation Reports Year-to-Date and Second Quarter 2016 Results (NASDAQ:ARTNA)
finance.yahoo.com - August 3 at 9:15 PM |
| Artesian Reports Year-to-Date and Second Quarter 2016 Results (NASDAQ:ARTNA)
www.publicnow.com - August 3 at 9:15 PM |
| ETF’s with exposure to Artesian Resources Corp. : July 20, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - July 20 at 12:11 PM |
| Connecticut Water Seeks Approval for Heritage Village Buyout (NASDAQ:ARTNA)
finance.yahoo.com - July 11 at 3:33 PM |
| Connecticut Water Hits a 52-Week High on Rising Demand (NASDAQ:ARTNA)
finance.yahoo.com - July 5 at 11:26 AM |
| ETF’s with exposure to Artesian Resources Corp. : July 1, 2016 (NASDAQ:ARTNA)
www.capitalcube.com - July 1 at 5:53 PM |
| Mid-Afternoon Market Update: Crude Oil Down 3.5%; Barclays Shares Tumble (NASDAQ:ARTNA)
www.nasdaq.com - June 27 at 3:54 PM |
 | Monday Sector Leaders: Water Utilities, Electric Utilities (NASDAQ:ARTNA)
www.4-traders.com - June 27 at 3:54 PM |
| Connecticut Water Thriving on Buyouts, Regulated Business (NASDAQ:ARTNA)
finance.yahoo.com - June 24 at 9:25 AM |
 | Friday Sector Laggards: Drugs, Water Utilities (NASDAQ:ARTNA)
www.forbes.com - June 17 at 3:32 PM |
| American States Water (WTR) in Pursuit of Organic Growth (NASDAQ:ARTNA)
finance.yahoo.com - June 15 at 5:20 PM |
| 4 Stocks to Gain from Weak Jobs Data (NASDAQ:ARTNA)
finance.yahoo.com - June 6 at 10:48 AM |
| Artesian Resources Corporation Rings Closing Bell at NASDAQ Headquarters (NASDAQ:ARTNA)
finance.yahoo.com - May 24 at 4:35 PM |
 | The Top 5 Micro Cap Utility Stocks for 2016 (ARTNA, DGAS) (NASDAQ:ARTNA)
www.investopedia.com - January 29 at 11:11 AM |
| Artesian Declares Common Stock Dividend (NASDAQ:ARTNA)
www.publicnow.com - January 27 at 5:37 PM |
| Artesian Resources Corporation Declares Common Stock Dividend (NASDAQ:ARTNA)
finance.yahoo.com - January 27 at 4:09 PM |
| Artesian Resources Corp. Earnings Analysis: Q3, 2015 By the Numbers (NASDAQ:ARTNA)
www.capitalcube.com - December 23 at 9:38 AM |
| ARTESIAN RESOURCES CORP Financials (NASDAQ:ARTNA)
finance.yahoo.com - December 8 at 1:17 PM |
| ARTESIAN RESOURCES CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:ARTNA)
biz.yahoo.com - November 6 at 12:22 PM |
| Artesian Resources posts 3Q profit (NASDAQ:ARTNA)
sg.finance.yahoo.com - November 4 at 7:28 PM |
 | Artesian Reports Third Quarter 2015 Results (NASDAQ:ARTNA)
www.noodls.com - November 4 at 5:08 PM |
| Artesian Resources Corporation Reports Third Quarter 2015 Results (NASDAQ:ARTNA)
finance.yahoo.com - November 4 at 4:05 PM |
| Artesian 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 |
 | New Highs In This Market? These Stocks Defy Sell-Off (NASDAQ:ARTNA)
news.investors.com - September 28 at 5:34 PM |
| 3 Reasons Momentum Stock Investors Will Love Artesian Resources (ARTNA) (NASDAQ:ARTNA)
finance.yahoo.com - September 24 at 8:33 AM |
| ARTESIAN 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 |
| Artesian Resources' (ARTNA) Quarterly Dividend Up 1.5% (NASDAQ:ARTNA)
finance.yahoo.com - September 16 at 4:30 PM |
| Artesian Announces a 1.5% Increase in Common Stock Dividend (NASDAQ:ARTNA)
www.noodls.com - September 15 at 5:19 PM |
Artesian Resources Corp. (NASDAQ:ARTNA) Chart for Wednesday, September, 28, 2016
