Artesian Resources (ARTNA) Stock Price, News & Analysis

Company Overview

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. 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 collection, treatment infrastructure, and 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; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2023, it served approximately 95,900 customers in Delaware; 2,600 customers in Maryland; and 40 customers in Pennsylvania through 1,470 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Key Stats

• Today's Range: $33.45 to $34.18
• 50-Day Range: $32.54 to $35.52
• 52-Week Range: $29.45 to $41.29
• Volume: 13,908 shs
• Average Volume: 36,400 shs
• Market Capitalization: $355.95 million
• P/E Ratio: 16.60
• Dividend Yield: 3.56%
• Price Target: N/A
• Consensus Rating: N/A

Artesian Resources Stock Analysis - MarketRank™

Artesian Resources scored higher than 78% of companies evaluated by MarketBeat, and ranked 41st out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Artesian Resources.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.17%

Earnings Growth

Earnings for Artesian Resources are expected to grow by 4.17% in the coming year, from $1.92 to $2.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Artesian Resources is 16.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Artesian Resources is 16.60, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 20.45.

Price to Book Value per Share Ratio

Artesian Resources has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.79% of the float of Artesian Resources has been sold short.

Short Interest Ratio / Days to Cover

Artesian Resources has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Artesian Resources has recently decreased by 4.15%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Artesian Resources is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Artesian Resources has been increasing its dividend for 8 years.

Dividend Coverage

The dividend payout ratio of Artesian Resources is 59.13%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Artesian Resources will have a dividend payout ratio of 61.50% next year. This indicates that Artesian Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.79% of the float of Artesian Resources has been sold short.

Short Interest Ratio / Days to Cover

Artesian Resources has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Artesian Resources has recently decreased by 4.15%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.54

News Sentiment

Artesian Resources has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Artesian Resources this week, compared to 2 articles on an average week.

Search Interest

Only 5 people have searched for ARTNA on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Artesian Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.59% 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 Institutions

57.37% of the stock of Artesian Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ARTNA Stock Analysis - Frequently Asked Questions

How have ARTNA shares performed this year?

Artesian Resources' stock was trading at $31.62 at the start of the year. Since then, ARTNA shares have increased by 9.2% and is now trading at $34.5250.

How were Artesian Resources' earnings last quarter?

Artesian Resources Corporation (NASDAQ:ARTNA) posted its quarterly earnings results on Monday, May, 5th. The utilities provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.35 by $0.18. The utilities provider had revenue of $25.89 million for the quarter, compared to analysts' expectations of $25 million. Artesian Resources had a net margin of 19.60% and a trailing twelve-month return on equity of 8.98%.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 5/05/2025
• Record date for 5/27 Dividend: 5/16/2025
• Ex-Dividend for 5/27 Dividend: 5/16/2025
• Dividend Payable: 5/27/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: UTIL - WATER SPLY
• Sub-Industry: Water Utilities
• Current Symbol: NASDAQ:ARTNA
• CIK: 863110
• Web: www.artesianwater.com
• Phone: (302) 453-6900
• Fax: 302-453-6957
• Employees: 240
• Year Founded: 1905

Profitability

• EPS (Trailing Twelve Months): $2.08
• Trailing P/E Ratio: 16.60
• Forward P/E Ratio: 17.98
• P/E Growth: N/A
• Net Income: $20.39 million
• Net Margins: 19.60%
• Pretax Margin: 19.60%
• Return on Equity: 8.98%
• Return on Assets: 2.69%

Debt

• Debt-to-Equity Ratio: 0.73
• Current Ratio: 0.98
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $107.95 million
• Price / Sales: 3.30
• Cash Flow: $3.32 per share
• Price / Cash Flow: 10.39
• Book Value: $23.23 per share
• Price / Book: 1.49

Miscellaneous

• Outstanding Shares: 10,310,000
• Free Float: 8,186,000
• Market Cap: $355.95 million
• Optionable: Not Optionable
• Beta: 0.33