S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Dems' climate, energy, tax bill clears initial Senate hurdle
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:ARTNA

Artesian Resources - ARTNA Stock Forecast, Price & News

$53.70
+0.04 (+0.07%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$53.00
$53.76
50-Day Range
$45.03
$53.70
52-Week Range
$36.55
$53.80
Volume
34,668 shs
Average Volume
32,919 shs
Market Capitalization
$506.93 million
P/E Ratio
28.87
Dividend Yield
2.03%
Price Target
N/A

Artesian Resources MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.79% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.03mentions of Artesian Resources in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.74%
From $1.90 to $2.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.98 out of 5 stars

Utilities Sector

3rd out of 107 stocks

Water Supply Industry

1st out of 14 stocks

ARTNA stock logo

About Artesian Resources (NASDAQ:ARTNA) Stock

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, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Analyst Ratings Changes

Separately, StockNews.com upgraded Artesian Resources from a "hold" rating to a "buy" rating in a research note on Sunday.

Artesian Resources Trading Up 0.1 %

NASDAQ:ARTNA opened at $53.70 on Friday. The firm's fifty day moving average is $49.22 and its two-hundred day moving average is $47.81. Artesian Resources has a one year low of $36.55 and a one year high of $53.80. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.25 and a current ratio of 0.30. The firm has a market cap of $506.93 million, a PE ratio of 28.87 and a beta of 0.11.

Artesian Resources (NASDAQ:ARTNA - Get Rating) last announced its earnings results on Wednesday, August 3rd. The utilities provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. Artesian Resources had a return on equity of 9.93% and a net margin of 18.62%. Analysts expect that Artesian Resources will post 1.9 earnings per share for the current year.

Artesian Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 23rd. Investors of record on Tuesday, August 9th will be given a $0.273 dividend. The ex-dividend date of this dividend is Monday, August 8th. This represents a $1.09 dividend on an annualized basis and a yield of 2.03%. Artesian Resources's payout ratio is currently 58.60%.

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ARTNA Stock News Headlines

Artesian Resources (NASDAQ:ARTNA) Upgraded at StockNews.com
Artesian Resources declares $0.2729 dividend
Artesian Resources Is Still Overvalued
Sempra (SRE) Q4 Earnings and Revenues Surpass Estimates
Artesian Resources declares $0.2675 dividend
See More Headlines
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ARTNA Company Calendar

Ex-Dividend for 5/23 Dividend
5/06/2022
Dividend Payable
5/23/2022
Last Earnings
8/03/2022
Today
8/07/2022
Ex-Dividend for 8/23 Dividend
8/08/2022
Dividend Payable
8/23/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Water supply
Sub-Industry
Water Utilities
Sector
Utilities
Current Symbol
NASDAQ:ARTNA
CUSIP
04311320
Employees
245
Year Founded
1905

Profitability

Net Income
$16.83 million
Pretax Margin
18.53%

Debt

Sales & Book Value

Annual Sales
$90.86 million
Cash Flow
$3.05 per share
Book Value
$18.92 per share

Miscellaneous

Free Float
7,496,000
Market Cap
$506.93 million
Optionable
Optionable
Beta
0.11

Social Links















ARTNA Stock - Frequently Asked Questions

Should I buy or sell Artesian Resources stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Artesian Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Artesian Resources stock.
View analyst ratings for Artesian Resources
or view top-rated stocks.

How has Artesian Resources' stock price performed in 2022?

Artesian Resources' stock was trading at $46.33 at the beginning of 2022. Since then, ARTNA shares have increased by 15.9% and is now trading at $53.70.
View the best growth stocks for 2022 here
.

When is Artesian Resources' next earnings date?

Artesian Resources is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our earnings forecast for Artesian Resources
.

How were Artesian Resources' earnings last quarter?

Artesian Resources Co. (NASDAQ:ARTNA) released its earnings results on Wednesday, August, 3rd. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. Artesian Resources had a net margin of 18.62% and a trailing twelve-month return on equity of 9.93%.

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

Artesian Resources announced a quarterly dividend on Thursday, June 23rd. Stockholders of record on Tuesday, August 9th will be given a dividend of $0.273 per share on Tuesday, August 23rd. This represents a $1.09 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Monday, August 8th.
View Artesian Resources' dividend history
.

Is Artesian Resources a good dividend stock?

Artesian Resources(NASDAQ:ARTNA) pays an annual dividend of $1.09 per share and currently has a dividend yield of 2.03%. The dividend payout ratio of Artesian Resources is 58.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Artesian Resources will have a dividend payout ratio of 50.00% next year. This indicates that Artesian Resources will be able to sustain or increase its dividend.
View Artesian Resources' dividend history.

What is Dian C. Taylor's approval rating as Artesian Resources' CEO?

7 employees have rated Artesian Resources CEO Dian C. Taylor on Glassdoor.com. Dian C. Taylor has an approval rating of 48% among Artesian Resources' 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 a number of institutional and retail investors. Top institutional investors include Costello Asset Management INC (2.25%), KBC Group NV (1.31%), Foundry Partners LLC (0.65%), Allspring Global Investments Holdings LLC (0.40%), Russell Investments Group Ltd. (0.34%) and Boenning & Scattergood Inc. (0.21%). Company insiders that own Artesian Resources stock include Dian C Taylor, Dian C Taylor, John R Eisenbrey Jr, Kenneth R Biederman, Nicholle Renee Taylor, Pierre A Anderson and William C Wyer.
View institutional ownership trends for Artesian Resources
.

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 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 $53.70.

How much money does Artesian Resources make?

Artesian Resources (NASDAQ:ARTNA) has a market capitalization of $506.93 million and generates $90.86 million in revenue each year. The utilities provider earns $16.83 million in net income (profit) each year or $1.86 on an earnings per share basis.

How many employees does Artesian Resources have?

Artesian Resources employs 245 workers across the globe.

When was Artesian Resources founded?

Artesian Resources was founded in 1905.

How can I contact Artesian Resources?

Artesian Resources' mailing address is 664 CHURCHMANS RD, NEWARK DE, 19702. The official website for Artesian Resources 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 8/7/2022 by MarketBeat.com Staff

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