Latest On Artesian Resources Corporation (ARTNB):
About Artesian Resources Corporation (ARTNB):
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, 2020, it served approximately 90,300 metered water customers in Delaware, 2,500 metered water 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.
General
- Name Artesian Resources Corporation
- Symbol ARTNB
- Type Common Stock
- Exchange OTCQB
- Currency USD
- Country USA
- SectorUtilities
- IndustryUtilities-Regulated Water
- Full Time Employees 235
- Last Split Factor3:2
- Last Split Date2006-07-03
- Fiscal Year EndDecember
- Web URLhttp://www.artesianresources.com
Valuation
- Trailing PE 22.35
- Price/Sales (Trailing 12 Mt.) 4.28
- Price/Book (Most Recent Quarter) 2.25
- Enterprise Value Revenue 6.39
- Enterprise Value EBITDA 13.64
Financials
- Most Recent Quarter 2020-12-31
- Profit Margin 19%
- Operating Margin 32%
- Return on Assets 3%
- Return on Equity 10%
- Revenue 88.14 million
- Earnings Per Share $1.79
- Revenue Per Share $9.45
- Gross Profit 44.53 million
- Quarterly Earnings Growth 3.5%
Highlights
- Market Capitalization 391.49 million
- EBITDA 39.12 million
- PE Ratio 18.59
- Book Value Per Share $18.11
Share Statistics
- Shares Outstanding 881452
- Shares Float 8.34 million
- % Held by Insiders 7066%
Technicals
- Beta 0.02
- 52 Week High $40
- 52 Week Low $32.48
- 50 Day Moving Average 38.8
- 200 Day Moving Average 36.6
Dividends
- Forward Annual Dividend Rate $1.03
- Forward Annual Dividend Yield 2.57%
- Payout Ratio 60%
- Dividend Date 2021-02-22
- ExDividend Date 2021-02-05
- Dividend Per Share $1.01
- Dividend Yield 0%
Artesian Resources Corporation (ARTNB) Dividend Calendar:
ARTNB's last dividend payment was made to shareholders on February 22, 2021.
Artesian Resources Corporation pays out 60% of its earnings out as a dividend.
Ex-Dividend Date | Payment Date | Record Date | Declared Date | Amount |
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Artesian Resources Corporation (ARTNB) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Quarter Date | Report Date | Actual Revenue | Reported EPS | EPS Estimate | Deviation from Estimate |
---|---|---|---|---|---|
2020-12-31 | 2021-03-11 | $N/A | $0.33 | ||
2020-09-30 | 2020-12-31 | $N/A | $0.33 | ||
2020-06-30 | 2020-09-30 | $N/A | $0.54 | ||
2020-03-31 | 2020-06-30 | $N/A | $0.49 | ||
2019-12-31 | 2020-03-31 | $21.01 million | $0.44 | ||
2019-09-30 | 2019-12-31 | $22.55 million | $0.33 | ||
2019-06-30 | 2019-09-30 | $20.65 million | $0.48 | ||
2019-03-31 | 2019-06-30 | $19.39 million | $0.41 | ||
2018-12-31 | 2019-03-31 | $19.34 million | $0.39 | ||
2018-09-30 | 2018-12-31 | $21.92 million | $0.32 | ||
2018-06-30 | 2018-09-30 | $20.24 million | $0.42 | ||
2018-03-31 | 2018-06-30 | $18.91 million | $0.42 | ||
2017-12-31 | 2018-03-31 | $20.19 million | $0.37 | ||
2017-09-30 | 2017-12-31 | $22.36 million | $0.40 | ||
2017-06-30 | 2017-09-30 | $20.5 million | $0.42 | ||
2017-03-31 | 2017-06-30 | $19.19 million | $0.35 | ||
2016-12-31 | 2017-03-31 | $19.42 million | $0.34 | ||
2016-09-30 | 2016-12-31 | $0.29 | |||
2016-06-30 | 2016-09-30 | $0.48 | |||
2016-03-31 | 2016-06-30 | $0.33 | |||
2015-12-31 | 2016-03-31 | $0.31 | |||
2015-09-30 | 2015-12-31 | $0.20 | |||
2015-06-30 | 2015-09-30 | $0.41 | |||
2015-03-31 | 2015-06-30 | $0.36 | |||
2014-12-31 | 2015-03-31 | $0.28 | |||
2014-09-30 | 2014-12-31 | $0.24 | |||
2014-06-30 | 2014-09-30 | $0.37 | |||
2014-03-31 | 2014-06-30 | $0.22 | |||
2013-12-31 | 2014-03-31 | $0.23 | |||
2013-09-30 | 2013-12-31 | $0.17 | |||
2013-06-30 | 2013-09-30 | $0.29 | |||
2013-03-31 | 2013-06-30 | $0.28 | |||
2012-12-31 | 2013-03-31 | $0.19 | |||
2012-09-30 | 2012-12-31 | $0.20 | |||
2012-06-30 | 2012-09-30 | $0.33 | |||
2012-03-31 | 2012-06-30 | $0.32 | |||
2011-12-31 | 2012-03-31 | $0.29 | |||
2011-09-30 | 2011-12-31 | $0.20 | |||
2011-06-30 | 2011-09-30 | $0.26 | |||
2011-03-31 | 2011-06-30 | $0.23 | |||
2010-12-31 | 2011-03-31 | $0.13 | |||
2010-09-30 | 2010-12-31 | $0.17 | |||
2010-06-30 | 2010-08-06 | $0.24 | |||
2010-03-31 | 2010-05-07 | $0.03 | |||
2009-12-31 | 2010-03-11 | $0.21 | |||
2009-09-30 | 2009-11-06 | $0.28 | |||
2009-06-30 | 2009-08-11 | $0.27 | |||
2009-03-31 | 2009-05-06 | $0.22 | |||
2008-12-31 | 2009-03-11 | $0.17 | |||
2008-09-30 | 2008-11-07 | $0.35 | |||
2008-06-30 | 2008-08-08 | $0.21 | |||
2008-03-31 | 2008-05-12 | $0.13 | |||
2007-12-31 | 2008-03-11 | $0.14 | |||
2007-09-30 | 2007-11-07 | $0.37 | |||
2007-06-30 | 2007-08-09 | $0.19 | |||
2007-03-31 | 2007-05-08 | $0.18 | |||
2006-12-31 | 2007-03-15 | $0.17 | |||
2006-09-30 | 2006-11-07 | $0.42 | |||
2006-06-30 | 2006-08-07 | $0.15 | |||
2006-03-31 | 2006-05-10 | $0.16 | |||
2005-12-31 | 2006-03-16 | $0.19 | |||
2005-09-30 | 2005-11-07 | $0.27 | |||
2005-06-30 | 2005-08-09 | $0.20 | |||
2005-03-31 | 2005-05-10 | $0.16 | |||
2004-09-30 | 2004-11-01 | $0.24 | |||
2004-06-30 | 2004-08-02 | $0.16 | |||
2004-03-31 | 2004-04-28 | $0.12 | |||
2003-12-31 | 2004-02-12 | $0.14 | |||
2003-09-30 | 2003-10-29 | $0.18 | |||
2003-06-30 | 2003-07-31 | $0.20 | |||
2003-03-31 | 2003-04-29 | $0.12 | |||
2002-09-30 | 2002-11-06 | $0.26 | |||
2002-06-30 | 2002-07-31 | $0.17 | |||
2001-12-31 | 2002-02-11 | $0.15 | |||
2001-09-30 | 2001-10-26 | $0.31 | |||
2001-03-31 | 2001-03-31 | $0.06 | |||
1999-09-30 | 1999-09-30 | $0.25 | |||
1999-06-30 | 1999-06-30 | $0.14 | |||
1999-03-31 | 1999-03-31 | $0.09 |
Artesian Resources Corporation (ARTNB) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
---|---|---|---|---|---|
Research Development | N/A | N/A | N/A | N/A | N/A |
Income Before Tax | N/A | N/A | N/A | N/A | 4.28 million |
Selling General Administrative | N/A | N/A | N/A | N/A | N/A |
Gross Profit | N/A | N/A | N/A | N/A | 9.76 million |
Ebit | N/A | N/A | N/A | N/A | 8.75 million |
Operating Income | N/A | N/A | N/A | N/A | 5.77 million |
Income Tax Expense | 1 million | 1.78 million | 1.54 million | 1.36 million | 1.18 million |
Total Revenue | N/A | N/A | N/A | N/A | 21.01 million |
Cost of Revenue | N/A | N/A | N/A | N/A | 11.25 million |
Total Other Income Expense Net | N/A | N/A | N/A | N/A | 296000 |
Net Income From Continuing Operations | N/A | N/A | N/A | N/A | 3.1 million |
Net Income Applicable to Common Shares | 3.11 million | 5.06 million | 4.57 million | 4.07 million | 3.1 million |
Cash Flow:
Date | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 | Sep 30 2019 |
---|---|---|---|---|---|
Investments | N/A | N/A | N/A | -13.33 million | -9.18 million |
Change to Liabilities | -491000 | -1.74 million | N/A | 3.23 million | 538000 |
Total Cash Flow from Investing Activities | -11.12 million | -11.37 million | N/A | -13.33 million | -9.18 million |
Net Borrowings | 8.31 million | 5.9 million | N/A | 5.4 million | 4.68 million |
Total Cash Flow from Financial Activities | N/A | N/A | N/A | 7.76 million | 5.27 million |
Change to Operating Activities | 540000 | -147000 | N/A | -535000 | -1.18 million |
Change in Cash | N/A | N/A | N/A | 138000 | 273000 |
Total Cash from Operating Activities | 2.46 million | 4.71 million | N/A | 5.71 million | 4.19 million |
Depreciation | N/A | N/A | N/A | 2.69 million | 2.68 million |
Other Cash Flow from Investing Activities | N/A | N/A | N/A | N/A | N/A |
Change to Inventory | N/A | N/A | N/A | 11000 | 25000 |
Change to Account Receivables | N/A | N/A | N/A | -1.61 million | -2.09 million |
Other Cash Flow from Financing Activities | 2.31 million | 2.53 million | N/A | 4.45 million | 2.65 million |
Change to Net Income | -155000 | -638000 | N/A | -1.16 million | -445000 |
Capital Expenditures | N/A | N/A | N/A | 13.33 million | 9.19 million |
Balance Sheet:
Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
---|---|---|---|---|---|
Total Liabailities | N/A | N/A | N/A | N/A | 400.1 million |
Total Stockholder Equity | N/A | N/A | N/A | N/A | 160.27 million |
Other Current Liabilities | 43.72 million | 43.62 million | N/A | N/A | 1.95 million |
Total Assets | N/A | N/A | N/A | N/A | 560.37 million |
Common Stock | 169.43 million | 165.85 million | 162.91 million | 162.35 million | 9.29 million |
Other Current Assets | 17.62 million | 17.85 million | N/A | N/A | 14.21 million |
Retained Earnings | N/A | N/A | N/A | N/A | 49.17 million |
Other Liabilities | 237.74 million | 235.3 million | 233.33 million | 231.75 million | 229.9 million |
Other Assets | 16.04 million | 16.19 million | 16.82 million | 15.72 million | 11.15 million |
Cash | N/A | N/A | N/A | N/A | 596000 |
Total Current Liabilities | 43.72 million | 43.62 million | N/A | N/A | 25.6 million |
Other Stockholder Equity | N/A | N/A | N/A | N/A | N/A |
Property, Plant & Equipment | 559.56 million | 553.39 million | 544.58 million | 537.19 million | 535.01 million |
Total Current Assets | 17.62 million | 17.85 million | N/A | N/A | 14.21 million |
Long Term Investments | N/A | N/A | N/A | N/A | N/A |
Net Tangible Assets | 169.43 million | 165.85 million | 162.91 million | 162.35 million | 160.27 million |
Short Term Investments | N/A | N/A | N/A | N/A | N/A |
Long Term Debt | N/A | N/A | N/A | N/A | 144.16 million |
Inventory | N/A | N/A | N/A | N/A | 1.26 million |
Accounts Payable | N/A | N/A | N/A | N/A | 8.18 million |
Artesian Resources Corporation (ARTNB) Chart:
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Artesian Resources Corporation (ARTNB) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Expiration Date | Strike | Last Price | Type | Volume | Open Interest | Implied Volatility | In The Money | Change | Change Percent |
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Artesian Resources Corporation (ARTNB) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
Date | Form Type | Form Name | Link |
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