ARTNA icon

Artesian Resources

35.25 USD
-0.27
0.76%
Updated Apr 24, 11:16 AM EDT
1 day
-0.76%
5 days
1.53%
1 month
13.97%
3 months
17.54%
6 months
2.03%
Year to date
12.51%
1 year
1.03%
5 years
3.37%
10 years
59.07%
 

About: Artesian Resources Corp operates as a holding company with a focus on water distribution and wastewater services. Its regulated utility segment includes subsidiaries providing water and wastewater services in Delaware, Maryland, and Pennsylvania. Water distribution spans residential, commercial, industrial, and municipal sectors, while wastewater services are offered in Sussex County, Delaware. The company also engages in non-utility businesses, offering service line protection plans, engineering services, and contract operations for water and wastewater systems. The regulated utility segment constitutes the portion of the company's operations, subject to regulations by Delaware, Maryland, and Pennsylvania.

Employees: 249

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

0.69% more ownership

Funds ownership: 60.8% [Q3] → 61.49% (+0.69%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

14% less capital invested

Capital invested by funds: $213M [Q3] → $183M (-$29.5M) [Q4]

16% less funds holding

Funds holding: 115 [Q3] → 97 (-18) [Q4]

16% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 37

59% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 29

Research analyst outlook

We haven’t received any recent analyst ratings for ARTNA.

Financial journalist opinion

Based on 5 articles about ARTNA published over the past 30 days

Neutral
GlobeNewsWire
19 hours ago
Artesian Water Company Announces the Hiring of Deirdre S. Smith, P.E.
NEWARK, Del., April 23, 2025 (GLOBE NEWSWIRE) -- Artesian Water Company, a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), announces that Deirdre S. Smith, P.E., has joined the Company as Director of Planning.
Artesian Water Company Announces the Hiring of Deirdre S. Smith, P.E.
Neutral
GlobeNewsWire
1 week ago
Artesian Resources Corporation 2024 Annual Report Available Electronically to Shareholders
Newark, Del., April 15, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and a number of other related core business services, on the Delmarva Peninsula, today announced that its 2024 Annual Report is available electronically to shareholders through its website at https://www.artesianwater.com/investor-relations/annual-report/. If any shareholder would like to receive a print copy of the 2024 Annual Report, they can request one free of charge by writing or calling Artesian Resources Corporation, 664 Churchmans Road, Newark, Delaware 19702, Attention Laura Slayman (Phone Number: 302-453-6900).
Artesian Resources Corporation 2024 Annual Report Available Electronically to Shareholders
Neutral
GlobeNewsWire
2 weeks ago
Artesian Water Company, Inc. Files Application with Delaware Public Service Commission for Increase in Customer Rates
NEWARK, Del., April 04, 2025 (GLOBE NEWSWIRE) -- Artesian Water Company, Inc. (“Artesian”), a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), filed an application with the Delaware Public Service Commission (PSC) today for a change in customer rates. The rate application submitted to the PSC for review and approval consists of a requested increase in revenue of 12.41%, or approximately $10.8 million, on an annualized basis. The increase also reflects the recovery of investments made under the Distribution System Improvement Charge (DSIC) of 1.66% currently in place that will reset to 0.0% once new base rates are implemented, meaning the incremental increase to existing billed rates would be 10.75%. This rate filing will undergo extensive review by both the PSC and the Division of the Public Advocate (DPA).
Artesian Water Company, Inc. Files Application with Delaware Public Service Commission for Increase in Customer Rates
Positive
Seeking Alpha
3 weeks ago
Artesian Resources Vs. Essential Utilities: Why I Swapped
Artesian Resources currently offers a conservative balance sheet, attractive valuation, and tangible growth opportunities, making it a compelling Buy at ~$31. Essential Utilities has shown stronger historical growth, but now carries higher leverage and valuation multiples, limiting its near-term upside. This one's a Hold at ~$38. Artesian's lower debt profile should provide greater financial flexibility going forward, while WTRG's broader footprint and capital commitments pose higher risks.
Artesian Resources Vs. Essential Utilities: Why I Swapped
Neutral
GlobeNewsWire
4 weeks ago
Artesian Resources Corporation Reports 2024 Year-End Earnings and Fourth Quarter Results
NEWARK, Del., March 25, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced earnings results for the fourth quarter and year ended December 31, 2024.
Artesian Resources Corporation Reports 2024 Year-End Earnings and Fourth Quarter Results
Positive
Seeking Alpha
2 months ago
8 Stocks I'm Buying Amid A Market Rotation Toward Dividend Stocks
The market is rotating towards non-tech dividend stocks, with dividend ETFs outperforming the Magnificent 7 so far this year. Elon Musk's DOGE initiative is more political theater than a serious effort, in my opinion, to reduce government waste, with exaggerated savings claims. Key economic metrics to monitor include housing starts, the Dallas Fed Weekly Economic Index, the Conference Board Coincident Index, total employment, and industrial production.
8 Stocks I'm Buying Amid A Market Rotation Toward Dividend Stocks
Positive
Seeking Alpha
2 months ago
7 Stocks And 1 ETF I'm Buying As Inflation Is Lower Than It Looks
The January 2025 CPI report shows inflation isn't in a sustained rebound, with temporary factors like shelter CPI, wildfires, and bird flu driving higher-than-expected inflation. The labor market shows mixed signals, with private sector hiring slowing but government hiring and residential construction employment remaining strong. Deportations could change this. The stock market appears richly valued across most sectors, not just the top 10 mega-cap names, warranting caution despite some undervalued opportunities.
7 Stocks And 1 ETF I'm Buying As Inflation Is Lower Than It Looks
Neutral
GlobeNewsWire
2 months ago
Artesian Resources Corporation Declares First Quarter 2025 Common Stock Dividend
NEWARK, Del., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.3014 is payable February 21, 2025 to shareholders of record at the close of business on February 7, 2025, providing a $1.2056 annualized dividend rate. This is Artesian's 129th consecutive quarterly dividend paid to shareholders.
Artesian Resources Corporation Declares First Quarter 2025 Common Stock Dividend
Positive
Seeking Alpha
2 months ago
10 Stocks I'm Buying As A New Government Takes Power
Global warming isn't just a "woke" issue; it has real financial implications for energy investments. DOGE has lofty and worthy goals, but the reality is that Congress controls the purse strings. Delayed Onset Tariff Syndrome (DOTS) will impact global trade and investment strategies. Exactly how remains in question.
10 Stocks I'm Buying As A New Government Takes Power
Positive
Seeking Alpha
3 months ago
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CPI metrics show, but also what threatens to disrupt the disinflationary trend. A discussion of three books dividend growth investors would benefit from reading. Only one is specifically about dividend growth investing.
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
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