NASDAQ:ARTNA Artesian Resources - ARTNA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Artesian Resources Co. Please log in to your account or sign up in order to add this asset to your watchlist. $53.01 +1.49 (+2.89%) (As of 03/24/2023 12:37 PM ET) Add Compare Share Share Today's Range$51.31▼$53.0150-Day Range$51.52▼$61.9652-Week Range$44.08▼$63.00Volume20,439 shsAverage Volume47,844 shsMarket Capitalization$503.60 millionP/E Ratio28.05Dividend Yield2.09%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Artesian Resources MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.92% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth6.44%From $2.02 to $2.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.05 out of 5 starsUtilities Sector62nd out of 86 stocksWater Supply Industry9th out of 11 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Artesian Resources. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.92% of the float of Artesian Resources has been sold short.Short Interest Ratio / Days to CoverArtesian Resources has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Artesian Resources has recently increased by 3.96%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldArtesian Resources pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthArtesian Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Artesian Resources is 58.73%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Artesian Resources will have a dividend payout ratio of 51.63% next year. This indicates that Artesian Resources will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARTNA. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Artesian Resources this week, compared to 1 article on an average week.Search Interest1 people have searched for ARTNA on MarketBeat in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Artesian Resources insiders have not sold or bought any company stock.Percentage Held by Insiders20.59% 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 Institutions49.19% of the stock of Artesian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Artesian Resources are expected to grow by 6.44% in the coming year, from $2.02 to $2.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Artesian Resources is 27.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Artesian Resources is 27.15, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 103.43.Price to Book Value per Share RatioArtesian Resources has a P/B Ratio of 2.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Artesian Resources (NASDAQ:ARTNA) StockArtesian Resources Corp. is a holding company, which engages in the provision of water resource management. Its activities include residential, commercial water and wastewater, government and contract services, and developers. The company was founded in 1927 and is headquartered in Newark, DE.Read More Receive ARTNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Artesian Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address ARTNA Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comArtesian Resources (NASDAQ:ARTNA) Earns Hold Rating from Analysts at StockNews.comMarch 10, 2023 | msn.comArtesian Resources GAAP EPS of $0.24 misses by $0.03, revenue of $25.12M beats by $2.12MMarch 24, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 9, 2023 | finance.yahoo.comArtesian Resources Corporation Reports 2022 Year-End Earnings and Fourth Quarter ResultsFebruary 9, 2023 | benzinga.comArtesian Resources Stock (NASDAQ:ARTNA), Quotes and News SummaryFebruary 9, 2023 | finance.yahoo.comArtesian Resources (NASDAQ:ARTN.A) Is Reinvesting At Lower Rates Of ReturnJanuary 25, 2023 | msn.comArtesian Resources Corporation declares $0.2784 dividendJanuary 24, 2023 | reuters.comARTNA.PH - | Stock Price & Latest News | ReutersMarch 24, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastJanuary 13, 2023 | reuters.comARTNA.OQ - | Stock Price & Latest News | ReutersJanuary 8, 2023 | finance.yahoo.comThe Best Water Utility Stocks of 2022December 29, 2022 | finance.yahoo.comArtesian Resources Corporation (NASDAQ:ARTN.A) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?November 29, 2022 | finance.yahoo.comArtesian Resources Corporation Names Courtney A. Emerson, Esq., Assistant SecretaryNovember 9, 2022 | finance.yahoo.comArtesian Resources Third Quarter 2022 Earnings: Beats ExpectationsNovember 7, 2022 | msn.comArtesian Resources's Ex-Dividend Date Is Thursday, Here's What You Need To KnowNovember 5, 2022 | finance.yahoo.comIf EPS Growth Is Important To You, Artesian Resources (NASDAQ:ARTN.A) Presents An OpportunityNovember 4, 2022 | finanznachrichten.deArtesian Resources Corporation Reports 3rd Quarter and Year-To-Date 2022 ResultsNovember 4, 2022 | benzinga.comArtesian Resources Corporation Announces a 2% Increase in 4th Quarter Common Stock DividendOctober 24, 2022 | finance.yahoo.comArtesian Water Company Announces Credit to Delaware Customers With Proceeds from Settlement AgreementOctober 18, 2022 | finance.yahoo.comArtesian Resources Corporation (NASDAQ:ARTN.A) has caught the attention of institutional investors who hold a sizeable 50% stakeOctober 13, 2022 | finance.yahoo.comArtesian Resources Corporation Names Daniel W. Konstanski, P.E., BCEE Vice President of EngineeringOctober 3, 2022 | finance.yahoo.comArtesian Resources Corporation 11th Annual Charitable Golf Tournament Raises over $90,000September 21, 2022 | finance.yahoo.comArtesian Resources (ARTNA) is a Top Dividend Stock Right Now: Should You Buy?September 14, 2022 | money.usnews.comArtesian Resources Corp. - Ordinary Shares - Class ASeptember 1, 2022 | finance.yahoo.comThis is Why Artesian Resources (ARTNA) is a Great Dividend StockAugust 26, 2022 | seekingalpha.comArtesian Resources Presents Risks From OvervaluationAugust 17, 2022 | americanbankingnews.comStockNews.com Upgrades Artesian Resources (NASDAQ:ARTNA) to "Buy"See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ARTNA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Artesian Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address ARTNA Company Calendar Last Earnings11/02/2021Ex-Dividend for 2/23 Dividend2/08/2023Dividend Payable2/23/2023Today3/24/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Water supply Sub-IndustryWater Utilities SectorUtilities Current SymbolNASDAQ:ARTNA CUSIP04311320 CIK863110 Webwww.artesianwater.com Phone(302) 453-6900Fax302-453-6957Employees245Year Founded1905Profitability EPS (Most Recent Fiscal Year)$1.89 Trailing P/E Ratio27.26 Forward P/E Ratio25.50 P/E GrowthN/ANet Income$18 million Net Margins18.20% Pretax Margin18.20% Return on Equity9.76% Return on Assets2.62% Debt Debt-to-Equity Ratio0.93 Current Ratio0.63 Quick Ratio0.52 Sales & Book Value Annual Sales$98.90 million Price / Sales4.95 Cash Flow$3.17 per share Price / Cash Flow16.23 Book Value$19.80 per share Price / Book2.60Miscellaneous Outstanding Shares9,500,000Free Float7,547,000Market Cap$489.44 million OptionableOptionable Beta0.15 Social Links Key ExecutivesDian C. TaylorChairman, President & Chief Executive OfficerJohn M. ThaederSenior Vice President-OperationsDavid B. SpachtChief Financial OfficerPierre A. AndersonChief Information Officer & Senior Vice PresidentRaymond T. KellyVice President-Information TechnologyKey CompetitorsYork WaterNASDAQ:YORWConsolidated WaterNASDAQ:CWCOMiddlesex WaterNASDAQ:MSEXGlobal Water ResourcesNASDAQ:GWRSPure CycleNASDAQ:PCYOView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Sold 1,089 shares on 3/6/2023Ownership: 0.023%Alliancebernstein L.P.Bought 5,300 shares on 2/16/2023Ownership: 0.056%United Capital Financial Advisers LLCBought 4,001 shares on 2/16/2023Ownership: 0.042%First Manhattan Co.Sold 1,140 shares on 2/15/2023Ownership: 1.556%Atom Investors LPSold 384 shares on 2/15/2023Ownership: 0.082%View All Insider TransactionsView All Institutional Transactions ARTNA Stock - Frequently Asked Questions How have ARTNA shares performed in 2023? Artesian Resources' stock was trading at $58.58 at the beginning of the year. Since then, ARTNA shares have decreased by 12.1% and is now trading at $51.52. View the best growth stocks for 2023 here. When is Artesian Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our ARTNA earnings forecast. How were Artesian Resources' earnings last quarter? Artesian Resources Co. (NASDAQ:ARTNA) issued its quarterly earnings results on Tuesday, November, 2nd. The utilities provider reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.04. The utilities provider had revenue of $24.99 million for the quarter, compared to analyst estimates of $24 million. Artesian Resources had a trailing twelve-month return on equity of 9.76% and a net margin of 18.20%. How often does Artesian Resources pay dividends? What is the dividend yield for Artesian Resources? Artesian Resources announced a quarterly dividend on Wednesday, January 25th. Stockholders of record on Thursday, February 9th will be given a dividend of $0.278 per share on Thursday, February 23rd. This represents a $1.11 annualized dividend and a yield of 2.16%. The ex-dividend date is Wednesday, February 8th. 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 iShares U.S. Infrastructure ETF (IFRA), First Trust Dow Jones Select Microcap Index Fund (FDM), Invesco Water Resources ETF (PHO) and Fidelity MSCI Utilities Index ETF (FUTY) and Is Artesian Resources a good dividend stock? Artesian Resources (NASDAQ:ARTNA) pays an annual dividend of $1.11 per share and currently has a dividend yield of 2.13%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 58.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARTNA will have a dividend payout ratio of 51.63% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ARTNA. 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. What is Artesian Resources' stock symbol? Artesian Resources trades on the NASDAQ under the ticker symbol "ARTNA." Who are Artesian Resources' major shareholders? Artesian Resources' stock is owned by many different institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (4.28%), Renaissance Technologies LLC (3.13%), Dimensional Fund Advisors LP (2.54%), Morgan Stanley (2.48%), Costello Asset Management INC (2.08%) and First Manhattan Co. (1.56%). Insiders that own company stock include Dian C Taylor, Dian C Taylor, John R Eisenbrey Jr, Kenneth R Biederman, Nicholle Renee Taylor and Pierre A Anderson. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Artesian Resources' stock price today? One share of ARTNA stock can currently be purchased for approximately $51.52. How much money does Artesian Resources make? Artesian Resources (NASDAQ:ARTNA) has a market capitalization of $489.44 million and generates $98.90 million in revenue each year. The utilities provider earns $18 million in net income (profit) each year or $1.89 on an earnings per share basis. How many employees does Artesian Resources have? The company employs 245 workers across the globe. How can I contact Artesian Resources? Artesian Resources' mailing address is 664 CHURCHMANS RD, NEWARK DE, 19702. The official website for the company is www.artesianwater.com. The utilities provider can be reached via phone at (302) 453-6900, via email at ntaylor@artesianwater.com, or via fax at 302-453-6957. This page (NASDAQ:ARTNA) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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