Artesian Resources Corporation
General ticker "ARTNA" information:
- Sector: Utilities
- Industry: Regulated Water
- Capitalization: $338.0M (TTM average)
Artesian Resources Corporation does not follow the US Stock Market performance with the rate: -19.0%.
Estimated limits based on current volatility of 1.4%: low 32.88$, high 33.82$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-11-14, amount 0.31$ (Y3.64%)
- Total employees count: 251 (-0.4%) as of 2023
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Aging infrastructure, Vendor dependency, Cybersecurity threats, Pandemic risks, Acquisition/divestiture risks
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [30.21$, 42.24$]
- 2025-12-31 to 2026-12-31 estimated range: [32.67$, 45.44$]
Financial Metrics affecting the ARTNA estimates:
- Positive: with PPE of 16.0 at the end of fiscal year the price was neutral
- Positive: Operating profit margin, % of 24.22 > 18.33
- Positive: 5.42 < Industry operating cash flow per share per price (median), % of 7.28
- Positive: 6.63 < Operating cash flow per share per price, % of 11.31
- Positive: Industry inventory ratio change (median), % of -1.37 <= -0.18
- Negative: Investing cash flow per share per price, % of -13.92 <= -4.41
- Positive: Interest expense per share per price, % of 2.70 <= 3.31
- Positive: 19.35 < Shareholder equity ratio, % of 29.95 <= 42.53
Short-term ARTNA quotes
Long-term ARTNA plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $98.90MM | $98.86MM | $107.95MM |
| Operating Expenses | $74.99MM | $76.42MM | $81.80MM |
| Operating Income | $23.91MM | $22.45MM | $26.15MM |
| Non-Operating Income | $2.59MM | $3.41MM | $1.56MM |
| Interest Expense | $0.00MM | $0.00MM | $8.78MM |
| Income(Loss) | $26.50MM | $25.86MM | $27.71MM |
| Taxes | $0.00MM | $0.00MM | $7.32MM |
| Other Income(Loss) | $-8.50MM | $-9.16MM | $0.00MM |
| Profit(Loss)* | $18.00MM | $16.70MM | $20.39MM |
| Stockholders Equity | $187.93MM | $230.40MM | $239.19MM |
| Inventory | $4.70MM | $5.98MM | $4.28MM |
| Assets | $720.30MM | $766.83MM | $798.62MM |
| Operating Cash Flow | $24.27MM | $31.85MM | $36.82MM |
| Capital expenditure | $48.48MM | $62.18MM | $45.94MM |
| Investing Cash Flow | $-54.76MM | $-62.08MM | $-45.32MM |
| Financing Cash Flow | $31.71MM | $31.42MM | $7.14MM |
| Earnings Per Share** | $1.90 | $1.67 | $1.98 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.