Profile
Sector:
UtilitiesIndustry:
WaterCountry:
United StatesIPO:
28 April 1994Website:
http://www.artesianwater.comNext earnings report:
06 November 2024Last dividends:
16 August 2024Next dividends:
N/APrice
after hours | Mon, 04 Nov 2024 21:02:09 GMTAnalysts recommendations
Institutional Ownership
ARTNA Latest News
Artesian Resources (ARTNA) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.49 per share a year ago.
Artesian Resources is a regulated monopoly water utility with steady growth, consistent dividends, and is currently undervalued, making it a long-term buy for dividend growth investors. The company has a robust capital investment program, partnerships, and M&A activities, contributing to revenue growth. Artesian Resources boasts a 32-year streak of dividend increases, with a current yield of 3.27%, supported by a 65% payout ratio and strong cash flow.
Artesian Resources (ARTNA) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.44 per share a year ago.
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2955 per share is payable August 27, 2024 to shareholders of record at the close of business on August 16, 2024, providing an annualized dividend of $1.182 per share.
Water stocks don't really need much in terms of fundamental justification. It's the one resource that is easily the most precious.
NEWARK, Del., June 25, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced that its Annual Charitable Golf Outing raised nearly $135,000, bringing the thirteen-year total to $875,000. Over 175 golfers representing Artesian's valued vendors and business partners gathered on June 3rd at the DuPont Country Club in Wilmington, Delaware to support local charitable organizations. “We are immensely grateful for the generous support from our business partners to be able to once again have such an incredibly successful event. Their continued partnership with us each year enables Artesian to have a positive impact on local charities across the Delmarva Peninsula,” said Dian C. Taylor, Chair and CEO.
Artesian Resources: Why This Stock Is A Buy
Investing is more than just researching various stocks and choosing to buy based on technical and fundamental analysis. Sometimes, it's going with your gut on when to walk away from an investment.
Artesian Resources (ARTNA) is providing quality services to its customers. Its rising earnings estimates, stable return on equity and regular dividend payments make it a top pick in the utility space.
ARTNA, BOOT and CF have been added to the Zacks Rank #5 (Strong Sell) List on May 30, 2023.
What type of business is Artesian Resources?
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.
What sector is Artesian Resources in?
Artesian Resources is in the Utilities sector
What industry is Artesian Resources in?
Artesian Resources is in the Water industry
What country is Artesian Resources from?
Artesian Resources is headquartered in United States
When did Artesian Resources go public?
Artesian Resources initial public offering (IPO) was on 28 April 1994
What is Artesian Resources website?
https://www.artesianwater.com
Is Artesian Resources in the S&P 500?
No, Artesian Resources is not included in the S&P 500 index
Is Artesian Resources in the NASDAQ 100?
No, Artesian Resources is not included in the NASDAQ 100 index
Is Artesian Resources in the Dow Jones?
No, Artesian Resources is not included in the Dow Jones index
When was Artesian Resources the previous earnings report?
No data
When does Artesian Resources earnings report?
The next expected earnings date for Artesian Resources is 06 November 2024