About Artesian Resources (NASDAQ:ARTNA)
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services on the Delmarva Peninsula. 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 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; and owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility. As of December 31, 2017, it served approximately 84,200 metered water customers in Delaware, 2,300 metered water customers in Maryland, and 40 customers in Pennsylvania through 1,293 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Industry, Sector and Symbol
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
SymbolNASDAQ:ARTNA
CUSIP04311320
Phone302-453-6900
Debt
Debt-to-Equity Ratio0.72%
Current Ratio0.67%
Quick Ratio0.61%
Price-To-Earnings
Trailing P/E Ratio16.17
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$82.24 million
Price / Sales4.17
Cash Flow$3.2979 per share
Price / Cash11.28
Book Value$15.91 per share
Price / Book2.34
Profitability
EPS (Most Recent Fiscal Year)$2.30
Net Income$13.98 million
Net Margins17.00%
Return on Equity10.36%
Return on Assets3.13%
Miscellaneous
Employees233
Outstanding Shares9,220,000
Artesian Resources (NASDAQ:ARTNA) Frequently Asked Questions
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, January 18th. Shareholders of record on Friday, February 9th will be paid a dividend of $0.2352 per share on Friday, February 23rd. This represents a $0.94 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Thursday, February 8th. View Artesian Resources' Dividend History.
How were Artesian Resources' earnings last quarter?
Artesian Resources Co. (NASDAQ:ARTNA) posted its quarterly earnings results on Wednesday, March, 14th. The utilities provider reported $0.50 EPS for the quarter. The utilities provider earned $20.19 million during the quarter. Artesian Resources had a net margin of 17.00% and a return on equity of 10.36%. View Artesian Resources' Earnings History.
When is Artesian Resources' next earnings date?
What price target have analysts set for ARTNA?
1 brokerages have issued 1-year price targets for Artesian Resources' stock. Their predictions range from $41.00 to $41.00. On average, they anticipate Artesian Resources' stock price to reach $41.00 in the next twelve months. View Analyst Ratings for Artesian Resources.
Who are some of Artesian Resources' key competitors?
Who are Artesian Resources' key executives?
Artesian Resources' management team includes the folowing people:
- Ms. Dian C. Taylor, Chairman, CEO & Pres (Age 72)
- Mr. David B. Spacht, CFO & Treasurer (Age 58)
- Mr. John M. Thaeder, Sr. VP of Operations (Age 60)
- Mr. Joseph A. DiNunzio, Exec. VP & Corp. Sec. (Age 55)
- Ms. Nicholle R. Taylor, Sr. VP & Director (Age 50)
Has Artesian Resources been receiving favorable news coverage?
News stories about ARTNA stock have been trending somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Artesian Resources earned a news impact score of 0.20 on Accern's scale. They also gave media stories about the utilities provider an impact score of 47.26 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
How do I buy shares of Artesian Resources?
Shares of ARTNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Artesian Resources' stock price today?
One share of ARTNA stock can currently be purchased for approximately $37.20.
How big of a company is Artesian Resources?
Artesian Resources has a market capitalization of $348.13 million and generates $82.24 million in revenue each year. The utilities provider earns $13.98 million in net income (profit) each year or $2.30 on an earnings per share basis. Artesian Resources employs 233 workers across the globe.
How can I contact Artesian Resources?
Artesian Resources' mailing address is 664 CHURCHMANS RD, NEWARK DE, 19702. The utilities provider can be reached via phone at 302-453-6900 or via email at [email protected]
MarketBeat Community Rating for Artesian Resources (ARTNA)
MarketBeat's community ratings are surveys of what our community members think about Artesian Resources and other stocks. Vote "Outperform" if you believe ARTNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARTNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
Artesian Resources (NASDAQ:ARTNA) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
1 Wall Street analysts have issued ratings and price targets for Artesian Resources in the last 12 months. Their average twelve-month price target is $41.00, suggesting that the stock has a possible upside of 10.22%. The high price target for ARTNA is $41.00 and the low price target for ARTNA is $41.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.00 | 2.00 | 2.00 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $41.00 | $41.00 | $41.00 | $41.00 |
| Price Target Upside: | 10.22% upside | 7.61% upside | 7.61% upside | 7.61% upside |
Artesian Resources (NASDAQ:ARTNA) Consensus Price Target History
Artesian Resources (NASDAQ:ARTNA) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/4/2017 | Hilliard Lyons | Downgrade | Buy -> Neutral | $41.00 | Medium |  |
(Data available from 4/24/2016 forward)
Artesian Resources (NASDAQ:ARTNA) Dividend Information
Artesian Resources pays an annual dividend of $0.94 per share, with a dividend yield of 2.53%. ARTNA's most recent quarterly dividend payment was Friday, February 23. Artesian Resources pays out 40.87% of its earnings out as a dividend.
| Most Recent Dividend: | 2/23/2018 |
| Annual Dividend: | $0.94 |
| Dividend Yield: | 2.53% |
| Payout Ratio: | 40.87% (Trailing 12 Months of Earnings)
61.44% (Based on This Year's Estimates)
|
Artesian Resources (NASDAQ:ARTNA) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/18/2018 | quarterly | $0.2352 | 2.52% | 2/8/2018 | 2/9/2018 | 2/23/2018 |
| 11/3/2017 | quarterly | $0.2352 | 2.3% | 11/10/2017 | 11/13/2017 | 11/22/2017 |
| 8/3/2017 | quarterly | $0.2317 | 2.33% | 8/10/2017 | 8/14/2017 | 8/25/2017 |
| 5/4/2017 | quarterly | $0.2317 | 2.42% | 5/11/2017 | 5/15/2017 | 5/26/2017 |
| 1/12/2017 | quarterly | $0.2283 | 3.1% | 2/8/2017 | 2/10/2017 | 2/22/2017 |
| 9/29/2016 | | $0.2283 | | 11/7/2016 | 11/9/2016 | 11/21/2016 |
| 7/28/2016 | Quarterly | $0.2250 | | 8/8/2016 | 8/10/2016 | 8/22/2016 |
| 5/5/2016 | quarterly | $0.2249 | 3.14% | 5/12/2016 | 5/16/2016 | 5/27/2016 |
| 1/29/2016 | quarterly | $0.2216 | 2.92% | 2/8/2016 | 2/10/2016 | 2/22/2016 |
| 9/16/2015 | quarterly | $0.2216 | 4.03% | 11/5/2015 | 11/9/2015 | 11/20/2015 |
| 7/30/2015 | quarterly | $0.2183 | 4.06% | 8/6/2015 | 8/10/2015 | 8/21/2015 |
| 3/24/2015 | quarterly | $0.2183 | 4.06% | 5/7/2015 | 5/11/2015 | 5/22/2015 |
| 1/29/2015 | quarterly | $0.2151 | 3.81% | 2/9/2015 | 2/11/2015 | 2/23/2015 |
| 9/17/2014 | quarterly | $0.2151 | 4.17% | 11/5/2014 | 11/7/2014 | 11/21/2014 |
| 7/30/2014 | quarterly | $0.2119 | 3.89% | 8/7/2014 | 8/11/2014 | 8/22/2014 |
| 4/4/2014 | quarterly | $0.2119 | 3.82% | 5/8/2014 | 5/12/2014 | 5/23/2014 |
| 1/22/2014 | quarterly | $0.2088 | 3.75% | 2/6/2014 | 2/10/2014 | 2/21/2014 |
| 9/17/2013 | quarterly | $0.2088 | 3.76% | 11/6/2013 | 11/8/2013 | 11/22/2013 |
| 7/30/2013 | quarterly | $0.2057 | 3.5% | 8/8/2013 | 8/12/2013 | 8/23/2013 |
| 4/26/2013 | quarterly | $0.2057 | 3.54% | 5/8/2013 | 5/10/2013 | 5/22/2013 |
| 1/30/2013 | quarterly | $0.2027 | 3.58% | 2/7/2013 | 2/11/2013 | 2/22/2013 |
(Data available from 1/1/2013 forward)
Artesian Resources (NASDAQ ARTNA) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 20.59%
Institutional Ownership Percentage: 38.70%
Artesian Resources (NASDAQ ARTNA) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/19/2018 | Kenneth R Biederman | Director | Sell | 6,750 | $36.78 | $248,265.00 | 26,625 | |
| 11/30/2017 | Dian C Taylor | Insider | Sell | 8,798 | $42.36 | $372,683.28 | | |
| 11/29/2017 | William C Wyer | Director | Sell | 6,750 | $42.00 | $283,500.00 | | |
| 11/15/2017 | Kenneth R Biederman | Director | Sell | 2,000 | $39.05 | $78,100.00 | 21,875 | |
| 6/23/2017 | Dian C Taylor | Insider | Sell | 4,702 | $40.08 | $188,456.16 | 97,152 | |
| 6/23/2017 | Nicholle Renee Taylor | Director | Sell | 2,678 | $40.10 | $107,387.80 | 7,003 | |
| 6/20/2017 | Nicholle Renee Taylor | Director | Sell | 2,770 | $40.13 | $111,160.10 | 6,979 | |
| 6/15/2017 | John R Eisenbrey Jr | Director | Sell | 13,500 | $40.59 | $547,965.00 | 54,501 | |
| 5/16/2017 | William C Wyer | Director | Sell | 2,255 | $37.60 | $84,788.00 | 17,755 | |
| 5/10/2017 | Kenneth R Biederman | Director | Sell | 1,000 | $36.00 | $36,000.00 | 19,875 | |
| 3/21/2017 | Dian C Taylor | Insider | Sell | 6,750 | $33.10 | $223,425.00 | 98,200 | |
| 3/15/2017 | Kenneth R Biederman | Director | Sell | 1,750 | $33.48 | $58,590.00 | 21,625 | |
| 3/13/2017 | Kenneth R Biederman | Director | Sell | 3,000 | $31.61 | $94,830.00 | 22,875 | |
| 12/19/2016 | Kenneth R Biederman | Director | Sell | 1,000 | $32.03 | $32,030.00 | 19,875 | |
| 11/10/2016 | Nicholle Renee Taylor | Director | Buy | 28 | $28.50 | $798.00 | 279,918 | |
| 9/20/2016 | Pierre A Anderson | VP | Sell | 250 | $28.61 | $7,152.50 | 454 | |
| 6/8/2016 | William C Wyer | Director | Sell | 3,375 | $30.02 | $101,317.50 | 17,875 | |
| 6/7/2016 | Nicholle Renee Taylor | Director | Buy | 151 | $28.89 | $4,362.39 | 279,890 | |
| 6/3/2016 | John R Eisenbrey Jr | Director | Sell | 5,900 | $29.00 | $171,100.00 | 52,651 | |
| 5/25/2016 | John R Eisenbrey Jr | Director | Sell | 7,600 | $29.05 | $220,780.00 | 53,501 | |
| 5/12/2016 | Nicholle Renee Taylor | Director | Buy | 32 | $28.00 | $896.00 | 279,739 | |
| 5/9/2016 | Kenneth R Biederman | Director | Sell | 6,750 | $27.94 | $188,595.00 | 27,625 | |
| 3/23/2016 | Dian C Taylor | Insider | Sell | 6,750 | $25.89 | $174,757.50 | 98,200 | |
| 12/16/2015 | John R. Eisenbrey, Jr. | Director | Sell | 6,750 | $25.40 | $171,450.00 | 45,751 | |
| 11/27/2015 | William C. Wyer | Director | Sell | 4,700 | $25.60 | $120,320.00 | 13,500 | |
| 11/23/2015 | Dian C. Taylor | insider | Sell | 11,250 | $25.37 | $285,412.50 | 90,450 | |
| 11/23/2015 | William C. Wyer | Director | Sell | 2,050 | $25.60 | $52,480.00 | 13,500 | |
| 11/20/2015 | Kenneth R. Biederman | Director | Sell | 3,375 | $25.25 | $85,218.75 | 19,875 | |
| 11/19/2015 | Nicholle Renee Taylor | Director | Sell | 8,540 | $24.99 | $213,414.60 | 2,325 | |
| 11/11/2015 | Kenneth R. Biederman | Director | Sell | 3,375 | $25.00 | $84,375.00 | 19,875 | |
| 9/22/2015 | John R. Eisenbrey, Jr. | Director | Sell | 11,250 | $23.07 | $259,537.50 | 45,751 | |
| 9/21/2015 | William C. Wyer | Director | Sell | 5,625 | $22.50 | $126,562.50 | 13,500 | |
| 9/17/2015 | Joseph A. Dinunzio | VP | Sell | 11,250 | $22.00 | $247,500.00 | 14,918 | |
| 9/17/2015 | Kenneth R. Biederman | Director | Sell | 5,625 | $22.20 | $124,875.00 | 19,875 | |
| 9/15/2015 | John M. Thaeder | SVP | Sell | 6,321 | $21.70 | $137,165.70 | 23,900 | |
| 8/27/2015 | William C. Wyer | Director | Sell | 5,625 | $22.01 | $123,806.25 | 13,500 | |
| 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 | 90,450 | |
| 5/16/2014 | John Thaeder | SVP | Sell | 2,575 | $21.21 | $54,615.75 | 23,645 | |
| 5/16/2014 | Nicholle Renee Taylor | Director | Sell | 6,750 | $21.21 | $143,167.50 | 825 | |
| 3/21/2014 | David Spacht | CFO | Sell | 5,000 | $22.27 | $111,350.00 | 4,252 | |
| 3/21/2014 | John Thaeder | SVP | Sell | 2,875 | $22.40 | $64,400.00 | 23,145 | |
| 3/20/2014 | John Schreppler II | VP | Sell | 3,375 | $22.26 | $75,127.50 | 4,200 | |
| 3/20/2014 | William Wyer | Director | Sell | 6,750 | $22.33 | $150,727.50 | 13,500 | |
| 3/18/2014 | John Schreppler II | VP | Sell | 3,375 | $22.25 | $75,093.75 | 4,200 | |
| 3/18/2014 | Kenneth Biederman | Director | Sell | 6,750 | $22.12 | $149,310.00 | 19,875 | |
| 11/14/2013 | Bruce Kraeuter | SVP | Sell | 6,697 | $22.26 | $149,075.22 | 27,330 | |
| 11/14/2013 | Joseph Dinunzio | VP | Sell | 6,750 | $22.26 | $150,255.00 | 14,879 | |
| 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)
Artesian Resources (NASDAQ ARTNA) News Headlines
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Artesian Resources (NASDAQ:ARTNA) SEC Filings
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Artesian Resources (NASDAQ:ARTNA) Income Statement, Balance Sheet and Cash Flow Statement
Artesian Resources (NASDAQ ARTNA) Stock Chart for Tuesday, April, 24, 2018
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