Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania.
Artesian Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$39.35|
|52 Week High||US$34.50|
|52 Week Low||US$42.70|
|1 Month Change||2.66%|
|3 Month Change||2.39%|
|1 Year Change||8.28%|
|3 Year Change||8.70%|
|5 Year Change||41.90%|
|Change since IPO||831.97%|
Recent News & Updates
Artesian Resources' (NASDAQ:ARTN.A) Shareholders Will Receive A Bigger Dividend Than Last Year
Artesian Resources Corporation ( NASDAQ:ARTN.A ) will increase its dividend on the 19th of November to US$0.27. This...
|ARTN.A||US Water Utilities||US Market|
Return vs Industry: ARTN.A underperformed the US Water Utilities industry which returned 13.4% over the past year.
Return vs Market: ARTN.A underperformed the US Market which returned 31.1% over the past year.
Stable Share Price: ARTN.A is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ARTN.A's weekly volatility (3%) has been stable over the past year.
About the Company
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.
Artesian Resources Fundamentals Summary
|ARTN.A fundamental statistics|
Is ARTN.A overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ARTN.A income statement (TTM)|
|Cost of Revenue||US$44.69m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.80|
|Net Profit Margin||18.81%|
How did ARTN.A perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Does ARTN.A pay a reliable dividends?See ARTN.A dividend history and benchmarks
|Artesian Resources dividend dates|
|Ex Dividend Date||Nov 05 2021|
|Dividend Pay Date||Nov 19 2021|
|Days until Ex dividend||12 days|
|Days until Dividend pay date||26 days|
Does ARTN.A pay a reliable dividends?See ARTN.A dividend history and benchmarks
Is Artesian Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ARTN.A ($39.35) is trading above our estimate of fair value ($30.54)
Significantly Below Fair Value: ARTN.A is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ARTN.A is good value based on its PE Ratio (21.9x) compared to the US Water Utilities industry average (35.8x).
PE vs Market: ARTN.A is poor value based on its PE Ratio (21.9x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ARTN.A's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARTN.A is good value based on its PB Ratio (2.2x) compared to the US Water Utilities industry average (3.1x).
How is Artesian Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ARTN.A's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if ARTN.A's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ARTN.A's revenue (3.8% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: ARTN.A's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ARTN.A's Return on Equity is forecast to be high in 3 years time
How has Artesian Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARTN.A has high quality earnings.
Growing Profit Margin: ARTN.A's current net profit margins (18.8%) are lower than last year (19%).
Past Earnings Growth Analysis
Earnings Trend: ARTN.A's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: ARTN.A's earnings growth over the past year (4.3%) is below its 5-year average (6.6% per year).
Earnings vs Industry: ARTN.A earnings growth over the past year (4.3%) underperformed the Water Utilities industry 17.4%.
Return on Equity
High ROE: ARTN.A's Return on Equity (9.8%) is considered low.
How is Artesian Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ARTN.A's short term assets ($16.4M) do not cover its short term liabilities ($49.7M).
Long Term Liabilities: ARTN.A's short term assets ($16.4M) do not cover its long term liabilities ($388.4M).
Debt to Equity History and Analysis
Debt Level: ARTN.A's debt to equity ratio (99.6%) is considered high.
Reducing Debt: ARTN.A's debt to equity ratio has increased from 81.2% to 99.6% over the past 5 years.
Debt Coverage: ARTN.A's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: ARTN.A's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Artesian Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ARTN.A's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: ARTN.A's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: ARTN.A's dividends per share have been stable in the past 10 years.
Growing Dividend: ARTN.A's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.8%), ARTN.A's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dian Taylor (75 yo)
Ms. Dian C. Taylor has been the Chairperson of the Board at Artesian Resources Corporation since July 1993 and its Chief Executive Officer and President since September 1992. Ms. Taylor serves as the Chair...
CEO Compensation Analysis
Compensation vs Market: Dian's total compensation ($USD1.08M) is below average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Dian's compensation has been consistent with company performance over the past year.
Experienced Management: ARTN.A's management team is seasoned and experienced (14.4 years average tenure).
Experienced Board: ARTN.A's board of directors are seasoned and experienced ( 28.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Artesian Resources Corporation's employee growth, exchange listings and data sources
- Name: Artesian Resources Corporation
- Ticker: ARTN.A
- Exchange: NasdaqGS
- Founded: 1905
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: US$368.656m
- Shares outstanding: 9.40m
- Website: https://www.artesianresources.com
Number of Employees
- Artesian Resources Corporation
- 664 Churchmans Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 22:55|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.