Artesian Resources Stock (NASDAQ:ARTNA)


RevenueOwnershipFinancialsChart

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$34.32

52W Range

$32.93 - $44.78

50D Avg

$35.74

200D Avg

$36.34

Market Cap

$350.02M

Avg Vol (3M)

$28.48K

Beta

0.20

Div Yield

$1.21 (4.36%)

ARTNA Company Profile


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.

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Industry

Regulated Water

Sector

Utilities

Exchange

NASDAQ

ADR

-

Country

US

Employees

251

IPO Date

Apr 28, 1994

Website

ARTNA Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Water Sales$80.03M$78.32M$77.82M
Non-Utility Operating Revenue$6.63M$9.07M$5.84M
Other Utility Operating Revenue$12.20M$11.51M$7.20M

Fiscal year ends in Dec 23 | Currency in USD

ARTNA Financial Summary


Dec 23Dec 22Dec 21
Revenue$98.86M$98.90M$90.86M
Operating Income$28.79M$23.91M$22.29M
Net Income$16.70M$18.00M$16.83M
EBITDA$42.13M$43.67M$41.22M
Basic EPS$1.67$1.90$1.79
Diluted EPS$1.67$1.90$1.79

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison


TickerCompany
SJWSJW Group
AWRAmerican States Water Company
MSEXMiddlesex Water Company
CWTCalifornia Water Service Group
YORWThe York Water Company
GWRSGlobal Water Resources, Inc.