0.68%
-1.05%
-6.57%
-20.74%
-14.13%
-33.20%
-17.25%
AI Spotlight on ARTNA
Company Description
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, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains.Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
Market Data
| Last Price | 31 |
| Change Percentage | 0.68% |
| Open | 30.7 |
| Previous Close | 30.79 |
| Market Cap ( Millions) | 319 |
| Volume | 45430 |
| Year High | 41.29 |
| Year Low | 29.45 |
| M A 50 | 32.19 |
| M A 200 | 35.48 |
Financial Ratios
| FCF Yield | 7.92% |
| Dividend Yield | 3.81% |
| ROE | 8.57% |
| Debt / Equity | 77.06% |
| Net Debt / EBIDTA | 366.07% |
| Price To Book | 1.34 |
| Price Earnings Ratio | 15.94 |
| Price To FCF | 12.62 |
| Price To sales | 3.02 |
| EV / EBITDA | 10.41 |
News
- Jan -27 - Artesian Resources Corporation Declares First Quarter 2025 Common Stock Dividend
- Jan -25 - 10 Stocks I'm Buying As A New Government Takes Power
- Jan -18 - 7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
- Jan -11 - A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
- Dec -25 - Artesian Resources: Buy This Dividend Stock On Sale Now
- Dec -21 - 10 Stocks I'm Buying As REITs Have Never Looked So Good
- Dec -07 - 9 Stocks I'm Buying As The Market Reaches A Rare Level Of Speculative Fervor
- Nov -29 - The 8 Stocks And 1 ETF On My Buy List Going Into December
- Nov -23 - 7 Stocks I'm Buying In Defiance Of Post-Election Euphoria
- Nov -04 - Artesian Resources (ARTNA) Q3 Earnings and Revenues Top Estimates
- Nov -04 - Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
- Nov -02 - 8 Stocks I'm Buying No Matter How The U.S. Election Goes
- Oct -26 - 7 Stocks I'm Buying As Recession Fears Fade And Trump Victory Odds Rise
- Oct -19 - 5 Stocks I'm Buying As I Reexamined My Sphere Of Competence
- Oct -15 - Artesian Resources: An Intriguing Dividend Stock To Buy Now
- Oct -12 - 8 Dividend Stocks On My Buy List As Inflation Keeps Dropping
- Oct -05 - 7 Dividend Stocks I'm Buying As The Recession Debate Rages
- Sep -30 - 8 Dividend Stocks I'm Buying In October (Including A New Holding)
- Sep -03 - Artesian Resources: A Small-Cap Water Utility For Consistent Dividend Growth
- Aug -05 - Artesian Resources (ARTNA) Lags Q2 Earnings Estimates
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Regulated Utility
Expected Growth : 4 %
What the company do ?
Artesian Resources Corporation's Regulated Utility segment provides water, wastewater, and other services to residential, commercial, and industrial customers in Delaware.
Why we expect these perspectives ?
Artesian Resources Corporation's regulated utility segment growth is driven by increasing water demand from residential and commercial customers, rate base growth through infrastructure investments, and favorable regulatory environment. Additionally, the company's focus on water conservation and efficiency initiatives contributes to its growth.
Segment n°2 -> Other (Non-utility)
Expected Growth : 3 %
What the company do ?
Other (Non-utility) from Artesian Resources Corporation refers to non-regulated operations, including contract services, wastewater management, and other miscellaneous activities.
Why we expect these perspectives ?
Artesian Resources Corporation's Other (Non-utility) segment growth is driven by increasing demand for wastewater management services, expansion of its service areas, and strategic acquisitions. Additionally, the company's focus on water conservation and efficiency initiatives, as well as its investment in infrastructure development, contribute to its growth.
Segment n°3 -> Inter-segment Elimination
Expected Growth : 0 %
What the company do ?
Inter-segment Elimination from Artesian Resources Corporation refers to the removal of redundant or duplicate data between different segments or departments within the organization.
Why we expect these perspectives ?
Artesian Resources Corporation's Inter-segment Elimination with 0% growth is driven by stagnant water sales, flat operating expenses, and lack of investments in infrastructure development, resulting in no eliminations between segments.
Artesian Resources Corporation Products
| Product Range | What is it ? |
|---|---|
| Water Distribution | Artesian Resources Corporation provides water distribution services to residential, commercial, and industrial customers in Delaware. |
| Wastewater Collection | The company offers wastewater collection services, collecting and treating wastewater from households and businesses. |
| Water Treatment | Artesian Resources Corporation operates water treatment plants to purify and distribute clean drinking water. |
| Wastewater Treatment | The company provides wastewater treatment services, treating wastewater to remove pollutants and contaminants. |
| Water Conservation | Artesian Resources Corporation promotes water conservation through education and outreach programs. |
Artesian Resources Corporation's Porter Forces
Threat Of Substitutes
Artesian Resources Corporation's water utility services have moderate substitutes in the form of private wells and bottled water, but the convenience and quality of the company's services maintain customer loyalty.
Bargaining Power Of Customers
Artesian Resources Corporation's customers have limited bargaining power due to the essential nature of the company's water utility services and the lack of alternative suppliers.
Bargaining Power Of Suppliers
Artesian Resources Corporation has a diverse supplier base, and the company's scale of operations gives it bargaining power in negotiating prices and terms with its suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the water utility industry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
Artesian Resources Corporation operates in a moderately competitive market, with some competition from other water utility companies, but the company's strong brand and customer relationships help to maintain its market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 43.94% |
| Debt Cost | 4.94% |
| Equity Weight | 56.06% |
| Equity Cost | 4.94% |
| WACC | 4.94% |
| Leverage | 78.37% |
Artesian Resources Corporation : Quality Control
Artesian Resources Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GWRS | Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2020, … |
| PCYO | Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, … |
| SJW | SJW Group, through its subsidiaries, provides water utility services in the United States. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater … |
| ARIS | Aris Water Solutions, Inc., an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water … |
| MSEX | Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Aris Water Solutions
A-Score
1-Year Total Return ->
🥈
Artesian Resources
A-Score
1-Year Total Return ->
🥉
SJW
A-Score
1-Year Total Return ->
4
Pure Cycle
A-Score
1-Year Total Return ->
5
Global Water Resources
A-Score
1-Year Total Return ->
6
