Artesian Resources(ARTNA)
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Why Artesian Resources (ARTNA) is a Great Dividend Stock Right Now
ZACKS· 2025-07-07 16:46
Company Overview - Artesian Resources (ARTNA) is a water resource management company based in Newark, operating in the Utilities sector with a year-to-date share price change of 6.8% [3] Dividend Information - The company currently pays a dividend of $0.31 per share, resulting in a dividend yield of 3.64%, which is significantly higher than the Utility - Water Supply industry's yield of 2.57% and the S&P 500's yield of 1.52% [3] - Artesian Resources has an annualized dividend of $1.23, reflecting a 4.1% increase from the previous year, and has increased its dividend five times over the last five years, averaging an annual increase of 4.17% [4] Earnings Growth and Future Outlook - The Zacks Consensus Estimate for 2025 projects earnings of $2.16 per share, indicating a 9.09% increase from the previous year [5] - Future dividend growth will depend on earnings growth and the company's payout ratio, which currently stands at 58%, meaning 58% of its trailing 12-month EPS is paid out as dividends [4] Investment Appeal - Artesian Resources is characterized as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [6]
Chip Rossi Appointed to Artesian Resources Board of Directors
Globenewswire· 2025-07-01 17:30
Core Insights - Artesian Resources Corporation has appointed Salvatore J. "Chip" Rossi to its Board of Directors, enhancing its governance with his financial expertise and risk management background [1][3] - Mr. Rossi has extensive experience in the financial sector, having recently retired from Bank of America where he held various senior roles, including president of Bank of America Delaware [2][3] - The company aims to leverage Mr. Rossi's understanding of the Delaware community to support its growth in water and wastewater services [3][4] Company Overview - Artesian Resources Corporation operates as a holding company for subsidiaries that provide water and wastewater services on the Delmarva Peninsula [5] - The principal subsidiary, Artesian Water Company, is the oldest and largest regulated water utility in the region, supplying 9.5 billion gallons of water annually through 1,491 miles of water main to over a third of Delaware residents [5]
Why Artesian Resources (ARTNA) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-06-20 16:51
Company Overview - Artesian Resources (ARTNA) is a water resource management company based in Newark, operating in the Utilities sector with a year-to-date share price change of 5.72% [3]. Dividend Information - Artesian Resources currently pays a dividend of $0.31 per share, resulting in a dividend yield of 3.68%, which is higher than the Utility - Water Supply industry's yield of 2.5% and the S&P 500's yield of 1.59% [3]. - The company's annualized dividend of $1.23 has increased by 4.1% from the previous year, with a total of five dividend increases over the last five years, averaging an annual increase of 4.17% [4]. - The current payout ratio for Artesian Resources is 58%, indicating that it pays out 58% of its trailing 12-month earnings per share as dividends [4]. Earnings Growth - The Zacks Consensus Estimate for Artesian Resources' earnings per share for 2025 is projected at $2.16, reflecting a year-over-year growth rate of 9.09% [5]. Investment Appeal - Artesian Resources is viewed as an attractive dividend investment, supported by its strong dividend yield and consistent growth, alongside a Zacks Rank of 1 (Strong Buy) [7].
I'm Thirsting To Buy Artesian Resources
Seeking Alpha· 2025-06-12 11:00
Group 1 - iREIT® offers in-depth research on various investment vehicles including REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers, with a tracker covering over 250 tickers [1] - The investing group iREIT®+HOYA Capital, led by Brad and HOYA Capital, focuses on income-oriented alternatives and has a team of analysts with over 100 years of combined experience [2] - Brad Thomas has extensive experience in real estate investing, having been involved in over $1 billion in commercial real estate transactions and is a published author [3]
Is Artesian Resources (ARTNA) Outperforming Other Utilities Stocks This Year?
ZACKS· 2025-06-11 14:46
Company Overview - Artesian Resources (ARTNA) is a member of the Utilities sector, which includes 106 individual stocks and holds a Zacks Sector Rank of 3 [2] - The Zacks Rank system highlights stocks with characteristics to outperform the market, with Artesian Resources currently holding a Zacks Rank of 1 (Strong Buy) [3] Performance Analysis - The Zacks Consensus Estimate for ARTNA's full-year earnings has increased by 8% over the past quarter, indicating stronger analyst sentiment and an improving earnings outlook [4] - Year-to-date, ARTNA has gained approximately 8.3%, outperforming the average gain of 7.2% for the Utilities sector [4] - Artesian Resources belongs to the Utility - Water Supply industry, which includes 12 companies and currently ranks 139 in the Zacks Industry Rank, with an average gain of 15.7% this year, indicating that ARTNA is slightly underperforming its industry [6] Comparative Analysis - Another Utilities stock, ENGIE - Sponsored ADR (ENGIY), has significantly outperformed the sector with a year-to-date gain of 38.3% and a Zacks Rank of 1 (Strong Buy) [5] - The Utility - Electric Power industry, which includes ENGIE, has 60 stocks and is ranked 68, with an average gain of 7.1% since the beginning of the year [7]
Artesian Resources: A Steady Water Utility Buy
Seeking Alpha· 2025-06-09 21:22
Group 1 - The article promotes Ian's Insider Corner, which offers access to initiation reports for new stocks, an active chat room, and weekly updates [1] - Ian Bezek, a former hedge fund analyst, has extensive experience in Latin American markets and specializes in high-quality compounders and growth stocks at reasonable prices [2] Group 2 - The article includes a disclosure stating that the author has no positions in any mentioned companies and expresses personal opinions without compensation [3] - Seeking Alpha's disclosure emphasizes that past performance does not guarantee future results and that the views expressed may not reflect the platform's overall stance [4]
3 Utilities Stocks With Big Earnings, Balanced Risk
MarketBeat· 2025-06-05 11:10
Core Insights - The utilities sector has shown resilience amid market volatility in 2025, emerging as a stable source of dividend income and defensive investment [1][3] - The Utilities Select Sector SPDR Fund (XLU) has returned 8% year-to-date, outperforming the S&P 500, which is up under 2% [2] Company Highlights - Artesian Resources Corp. has seen a year-to-date share price increase of about 10%, with a dividend yield of 3.65% and an annual dividend of $1.23 [4][5] - The company reported an earnings per share (EPS) of 53 cents, exceeding analyst predictions by 18 cents, and quarterly revenue also surpassed expectations [5] - Artesian's revenue growth is attributed to an increase in customer count and a new distribution system improvement charge, with non-utility revenue growing by 8% year-over-year [6] - An anticipated rate increase later this year is expected to support continued revenue growth and maintain the company's attractive dividend yield [7] Additional Company Insights - Clearway Energy Inc. has a dividend yield of 5.85% and an annual dividend of $1.75, with a focus on renewable energy and battery storage operations [8][9] - Clearway reported an EPS beat, coming in at 3 cents per share, with adjusted EBITDA for its renewables and storage segment climbing by about 30% year-over-year [9] - NiSource Inc. has seen its shares rise over 8% year-to-date, with an EPS growth target of 6-8% and plans to invest $19 billion in renewable energy projects [12][13]
4 Stocks to Watch From the Thriving Water Supply Industry
ZACKS· 2025-06-04 17:06
Core Insights - The Zacks Utility - Water Supply industry is essential for providing clean water and sewer services, with demand fluctuating seasonally due to weather conditions [1][3] - Aging infrastructure poses challenges, but companies are investing in upgrades to ensure reliable service [2][6] Industry Overview - The industry consists of companies delivering drinking water and wastewater services across a vast network of approximately 2.2 million miles of pipelines [3] - Water utilities are capital-intensive and benefit from lower interest rates, which reduce borrowing costs for infrastructure projects [4] Trends Impacting the Industry - Falling interest rates, recently reduced by 100 basis points to 4.25%-4.50%, are expected to further decrease capital costs, aiding infrastructure investments [4] - The U.S. water industry is highly fragmented, with over 50,000 community water systems, leading to a need for consolidation to improve service quality and efficiency [5] Infrastructure Investment Needs - The American Society of Civil Engineers reports water main breaks occur every two minutes, highlighting the urgent need for infrastructure upgrades [6] - An estimated $1.25 trillion is required over the next 20 years for maintenance and expansion, with the Bipartisan Infrastructure Law committing $50 billion to these efforts [6] Industry Performance - The Zacks Utility Water Supply industry ranks 46 among over 244 Zacks industries, indicating strong prospects [7][8] - The industry has underperformed compared to the S&P 500 and the Utility sector over the past year, gaining 11.1% versus 11.4% for the S&P 500 [10] Valuation Metrics - The industry is currently trading at an EV/EBITDA of 11.27X, lower than the S&P 500's 16.85X and the sector's 15.09X, suggesting it is undervalued [13] Companies to Watch - Companhia de Saneamento Basico do Estado de Sao Paulo plans to invest $10.6 billion from 2024-2029 to enhance its infrastructure [17] - Artesian Resources Corporation is set to invest $46.4 million in 2025 for infrastructure improvements [22] - Middlesex Water Company has a long-term earnings growth estimate of 6.1% and plans to strengthen its operations [27] - American Water Works Company aims to invest $3.3 billion in 2025 and $17-19 billion from 2025-2029 for infrastructure expansion [30]
Artesian Resources (ARTNA) Could Be a Great Choice
ZACKS· 2025-06-04 16:51
Company Overview - Artesian Resources (ARTNA) is a water resource management company headquartered in Newark, with a year-to-date price change of 8.55% [3] - The company currently pays a dividend of $0.31 per share, resulting in a dividend yield of 3.58%, which is significantly higher than the Utility - Water Supply industry's yield of 2.45% and the S&P 500's yield of 1.54% [3] Dividend Performance - Artesian Resources has an annualized dividend of $1.23, reflecting a 4.1% increase from the previous year [4] - Over the past five years, the company has increased its dividend five times, achieving an average annual increase of 4.17% [4] - The current payout ratio stands at 58%, indicating that the company distributes 58% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - The Zacks Consensus Estimate for Artesian Resources' earnings in 2025 is projected at $2.16 per share, with an expected increase of 9.09% compared to the previous year [5] Investment Consideration - Artesian Resources is positioned as an attractive investment opportunity due to its strong dividend yield and a Zacks Rank of 1 (Strong Buy) [7]
Are Utilities Stocks Lagging Artesian Resources (ARTNA) This Year?
ZACKS· 2025-05-23 14:45
Group 1 - Artesian Resources (ARTNA) is one of 106 individual stocks in the Utilities sector, ranking 2 in the Zacks Sector Rank [2] - The Zacks Rank system, which emphasizes earnings estimates and revisions, currently gives Artesian Resources a rank of 1 (Strong Buy) [3] - The Zacks Consensus Estimate for ARTNA's full-year earnings has increased by 8% in the past quarter, indicating improved analyst sentiment [4] Group 2 - Artesian Resources has returned 7.2% year-to-date, outperforming the Utilities sector average return of 6.4% [4] - Artesian Resources belongs to the Utility - Water Supply industry, which has gained an average of 15.8% this year, indicating slight underperformance compared to its industry [6] - Deutsche Telekom AG (DTEGY), another stock in the Utilities sector, has a year-to-date return of 29.6% and a Zacks Rank of 2 (Buy) [5][6]