Artesian Resources Corporation
General ticker "ARTNA" information:
- Sector: Utilities
- Industry: Water Utilities
- Capitalization: $345.8M
Artesian Resources Corporation does not follow the US Stock Market performance with the rate: -9.6%.
Estimated limits based on current volatility of 1.6%: low 31.26$, high 32.28$
Factors to consider:
- Company pays dividends: last record date 2024-11-15, amount 0.30$ (Y3.83%)
- Company does not operate outside North America (retrieved using AI)
- Current price 19.0% below estimated low
- 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [38.75$, 51.24$]
- 2024-12-30 to 2025-12-30 estimated range: [39.70$, 52.85$]
Financial Metrics affecting the ARTNA estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.66
- Positive: 7.18 < Operating cash flow per share per price, % of 7.43
- Positive: 6.94 < Industry operating cash flow per share per price (median), % of 7.31
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.13
- Positive: 1.31 < Industry earnings per price (median), % of 3.79
- Positive: Inventory ratio change, % of 0.76 <= 1.08
- Positive: Operating profit margin, % of 22.70 > 19.51
Short-term ARTNA quotes
Long-term ARTNA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $90.86MM | $98.90MM | $98.86MM |
| Operating Expenses | $68.56MM | $74.99MM | $76.42MM |
| Operating Income | $22.29MM | $23.91MM | $22.45MM |
| Non-Operating Income | $2.12MM | $2.59MM | $0.60MM |
| Interest Expense | $7.59MM | $8.50MM | $9.16MM |
| Income(Loss) | $24.42MM | $26.50MM | $23.05MM |
| Taxes | $0.00MM | $0.00MM | $6.35MM |
| Other Income(Loss) | $-7.59MM | $-8.50MM | $0.00MM |
| Profit(Loss) | $16.83MM | $18.00MM | $16.70MM |
| Stockholders Equity | $178.01MM | $187.93MM | $230.40MM |
| Inventory | $1.93MM | $4.70MM | $5.98MM |
| Assets | $625.21MM | $719.79MM | $766.83MM |
| Operating Cash Flow | $31.31MM | $24.27MM | $31.85MM |
| Capital expenditure | $40.81MM | $48.48MM | $62.18MM |
| Investing Cash Flow | $-40.72MM | $-54.76MM | $-62.08MM |
| Financing Cash Flow | $9.48MM | $31.71MM | $31.42MM |
| Earnings Per Share* | $1.79 | $1.90 | $1.67 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.