Artesian Resources Corporation Company Profile (NASDAQ:ARTNA)

About Artesian Resources Corporation (NASDAQ:ARTNA)

Artesian Resources Corporation 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 Supply & Irrigation Systems
  • Sub-Industry: Water Utilities
  • Symbol: NASDAQ:ARTNA
  • CUSIP: 04311320
  • Web:
  • Market Cap: $362.87 million
  • Outstanding Shares: 9,145,000
Average Prices:
  • 50 Day Moving Avg: $38.62
  • 200 Day Moving Avg: $35.16
  • 52 Week Range: $26.28 - $41.90
  • Trailing P/E Ratio: 27.56
  • Foreward P/E Ratio: 24.96
  • P/E Growth: 6.43
Sales & Book Value:
  • Annual Revenue: $79.83 million
  • Price / Sales: 4.55
  • Book Value: $15.36 per share
  • Price / Book: 2.58
  • Annual Dividend: $0.93
  • Dividend Yield: 2.4%
  • EBIDTA: $36.62 million
  • Net Margins: 16.55%
  • Return on Equity: 9.59%
  • Return on Assets: 2.94%
  • Debt-to-Equity Ratio: 0.58%
  • Current Ratio: 0.28%
  • Quick Ratio: 0.25%
  • Average Volume: 24,848 shs.
  • Beta: 0.09
  • Short Ratio: 3.64
Frequently Asked Questions for Artesian Resources Corporation (NASDAQ:ARTNA)

What is Artesian Resources Corporation's stock symbol?

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

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

Artesian Resources Corporation 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 2.34%. The ex-dividend date is Thursday, May 11th. This is a boost from Artesian Resources Corporation's previous quarterly dividend of $0.23. View Artesian Resources Corporation's Dividend History.

How were Artesian Resources Corporation's earnings last quarter?

Artesian Resources Corporation (NASDAQ:ARTNA) announced 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 Corporation had a net margin of 16.55% and a return on equity of 9.59%. View Artesian Resources Corporation's Earnings History.

When will Artesian Resources Corporation make its next earnings announcement?

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

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

1 analysts have issued twelve-month price objectives for Artesian Resources Corporation's shares. Their predictions range from $41.00 to $41.00. On average, they expect Artesian Resources Corporation's stock price to reach $41.00 in the next year. View Analyst Ratings for Artesian Resources Corporation.

Who are some of Artesian Resources Corporation's key competitors?

Who are Artesian Resources Corporation's key executives?

Artesian Resources Corporation's management team includes the folowing people:

  • Dian C. Taylor, Chairman of the Board, President, Chief Executive Officer
  • David B. Spacht, Chief Financial Officer, Treasurer
  • Joseph A. DiNunzio CPA, Executive Vice President, Corporate Secretary
  • Nicholle R. Taylor, Senior Vice President, Director
  • John M. Thaeder, Senior Vice President - Operations
  • John J. Schreppler II Esq., Vice President, General Counsel, Assistant Secretary
  • Jennifer Leigh Finch CPA, Vice President, Assistant Treasurer
  • Pierre A. Anderson, Vice President - Information Technologies
  • Kenneth R. Biederman, Independent Director
  • John R. Eisenbrey Jr., Independent Director

Who owns Artesian Resources Corporation stock?

Artesian Resources Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Roffman Miller Associates Inc. PA (0.83%), Dalton Greiner Hartman Maher & Co. (0.82%), North Star Investment Management Corp. (0.29%), Ipswich Investment Management Co. Inc. (0.21%), Creative Planning (0.13%) and Fruth Investment Management (0.12%). Company insiders that own Artesian Resources Corporation 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 Corporation.

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

Artesian Resources Corporation's stock was sold by a variety of institutional investors in the last quarter, including Roffman Miller Associates Inc. PA, Ipswich Investment Management Co. Inc. and Fruth Investment Management. Company insiders that have sold Artesian Resources Corporation stock in the last year include Dian C Taylor, John R Eisenbrey Jr, Kenneth R Biederman, Nicholle Renee Taylor, Pierre A Anderson and William C Wyer. View Insider Buying and Selling for Artesian Resources Corporation.

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

Artesian Resources Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Campbell & CO Investment Adviser LLC and Strs Ohio. View Insider Buying and Selling for Artesian Resources Corporation.

How do I buy Artesian Resources Corporation stock?

Shares of Artesian Resources Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Artesian Resources Corporation's stock price today?

One share of Artesian Resources Corporation stock can currently be purchased for approximately $39.68.

MarketBeat Community Rating for Artesian Resources Corporation (NASDAQ ARTNA)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  74 (Vote Underperform)
Total Votes:  118
MarketBeat's community ratings are surveys of what our community members think about Artesian Resources Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Artesian Resources Corporation (NASDAQ:ARTNA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $41.00 (3.33% upside)

Analysts' Ratings History for Artesian Resources Corporation (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 7/26/2015 forward)


Earnings History for Artesian Resources Corporation (NASDAQ:ARTNA)
Earnings by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)
Earnings History by Quarter for Artesian Resources Corporation (NASDAQ ARTNA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017$0.38N/AView Earnings Details
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 Corporation (NASDAQ:ARTNA)
Current Year EPS Consensus Estimate: $1.49 EPS
Next Year EPS Consensus Estimate: $1.59 EPS


Current Dividend Information for Artesian Resources Corporation (NASDAQ:ARTNA)
Most Recent Dividend:5/26/2017
Annual Dividend:$0.93
Dividend Yield:2.34%
Payout Ratio:64.14% (Trailing 12 Months of Earnings)
62.42% (Based on This Year's Estimates)
58.49% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)

Dividend History by Quarter for Artesian Resources Corporation (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 Corporation (NASDAQ:ARTNA)
Insider Ownership Percentage: 20.59%
Institutional Ownership Percentage: 39.80%
Insider Trades by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)
Institutional Ownership by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)
Insider Trades by Quarter for Artesian Resources Corporation (NASDAQ:ARTNA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/23/2017Dian C TaylorInsiderSell4,702$40.08$188,456.16View SEC Filing  
6/23/2017Nicholle Renee TaylorDirectorSell2,678$40.10$107,387.80View SEC Filing  
6/20/2017Nicholle Renee TaylorDirectorSell2,770$40.13$111,160.10View SEC Filing  
6/15/2017John R Eisenbrey JrDirectorSell13,500$40.59$547,965.00View SEC Filing  
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 Corporation (NASDAQ:ARTNA)
Latest Headlines for Artesian Resources Corporation (NASDAQ:ARTNA)
DateHeadline logoArtesian Resources Corporation (NASDAQ:ARTNA) Scheduled to Post Earnings on Tuesday - July 25 at 7:12 AM logoCritical Comparison: Artesian Resources Corporation (ARTNA) versus Consolidated Water Co. (CWCO) - July 21 at 12:06 PM logoArtesian Resources Corp. breached its 50 day moving average in a Bullish Manner : ARTNA-US : July 20, 2017 - July 20 at 5:31 PM logoConsolidated Water Co. (CWCO) vs. Artesian Resources Corporation (NASDAQ:ARTNA) Critical Comparison - July 12 at 4:20 PM logoZacks: Artesian Resources Corporation (NASDAQ:ARTNA) Receives Average Rating of "Hold" from Brokerages - July 12 at 8:44 AM logoCritical Contrast: Artesian Resources Corporation (NASDAQ:ARTNA) versus Middlesex Water Company (MSEX) - July 2 at 4:34 PM logoArtesian Resources' Subsidiary Acquires Cantwell Water Assets - June 30 at 4:08 PM logoArtesian Resources Corp. breached its 50 day moving average in a Bearish Manner : ARTNA-US : June 30, 2017 - June 30 at 4:08 PM logoArtesian Water Company, Inc. announces closing on water assets of Cantwell Water Company - June 29 at 5:08 PM logoZacks: Artesian Resources Corporation (ARTNA) Given Consensus Rating of "Hold" by Analysts - June 27 at 9:08 AM logoDian C. Taylor Sells 4,702 Shares of Artesian Resources Corporation (ARTNA) Stock - June 26 at 4:22 PM logoArtesian Water Company broadens water regionalization in Southern New Castle County - June 26 at 4:07 PM logoArtesian Resources Corporation (ARTNA) Director Nicholle Renee Taylor Sells 2,678 Shares - June 26 at 1:22 PM logoETFs with exposure to Artesian Resources Corp. : June 22, 2017 - June 22 at 3:41 PM logoArtesian Resources Corporation (ARTNA) Director Sells $111,160.10 in Stock - June 21 at 4:35 PM logoArtesian Resources Corp. :ARTNA-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017 - June 21 at 4:31 PM logoMiddlesex Water Company (MSEX) versus Artesian Resources Corporation (ARTNA) Financial Survey - June 19 at 12:05 AM logoArtesian Resources Corporation (ARTNA) Director John R. Eisenbrey, Jr. Sells 13,500 Shares - June 16 at 1:24 PM logoCritical Contrast: American Water Works (AWK) versus Artesian Resources Corporation (ARTNA) - June 16 at 8:25 AM logoComparing Artesian Resources Corporation (ARTNA) and American Water Works (AWK) - June 14 at 12:46 AM logo Artesian Resources Corporation (ARTNA) Receives Consensus Rating of "Hold" from Analysts - June 12 at 9:58 AM logoHead-To-Head Analysis: American Water Works Company (AWK) vs. Artesian Resources (ARTNA) - June 11 at 8:26 AM logoAnalyzing Artesian Resources (ARTNA) & American Water Works Company (AWK) - June 10 at 6:08 PM logoArtesian Resources Corporation Announces Promotion of Joseph A. DiNunzio to President of Artesian Water Maryland, Inc. - June 8 at 4:20 PM logoHead to Head Comparison: American Water Works Company (AWK) and Artesian Resources (ARTNA) - June 8 at 4:10 PM logoArtesian Resources Corporation participates for the 15th Consecutive Year in Blood Bank of Delmarva’s Summer Blood Challenge - June 7 at 3:49 PM logoArtesian Resources Corp. – Value Analysis (NASDAQ:ARTNA) : June 6, 2017 - June 6 at 3:44 PM logoArtesian Water Company, Inc. announces closing on water system at Historic Fort DuPont - June 5 at 1:13 PM logoArtesian Resources Corp. breached its 50 day moving average in a Bullish Manner : ARTNA-US : June 5, 2017 - June 5 at 1:13 PM logoIs It Time to Invest in Water? - May 26 at 3:57 PM logo Artesian Resources Co. (ARTNA) Given $37.00 Average Price Target by Analysts - May 26 at 10:10 AM 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



Artesian Resources Corporation (ARTNA) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by Staff