Janney Montgomery Scott initiated coverage on Artesian Resources with a new price target
$ARTNA
Water Supply
Utilities
Janney Montgomery Scott initiated coverage of Artesian Resources with a rating of Buy and set a new price target of $55.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2021 | $55.00 | Buy | Janney Montgomery Scott |
| 10/25/2021 | Buy | Janney |
NEWARK, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.2056 per share payable November 25, 2024 to shareholders of record at the close of business on November 15, 2024. "Artesian has remained focused on delivering value to our shareholders while providing high quality water service and environmentally sound wastewater services to our customers," said Dia
NEWARK, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced third quarter and year-to-date results for 2024. Third Quarter Results Net income was $6.8 million, a $1.7 million, or 34.4%, increase compared to net income recorded for the three months ended September 30, 2023. Diluted net income per share was $0.66 compared to $0.49 for the same period in 2023. Revenues totaled $29.1 million for the three months ended September 30, 2024, $2.6 million, or 9.7%, more than revenues for the three months ended Septemb
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced second quarter and year-to-date results for 2024. Second Quarter Results Net income was $5.3 million, a $0.9 million, or 19.9%, increase compared to net income recorded for the three months ended June 30, 2023. Diluted net income per share was $0.52, an 18.2% increase compared to $0.44 for the same period in 2023. Revenues totaled $27.4 million for the three months ended June 30, 2024, $2.2 million, or 8.6%, more than revenues for the three months en
10-Q - ARTESIAN RESOURCES CORP (0000863110) (Filer)
8-K - ARTESIAN RESOURCES CORP (0000863110) (Filer)
10-Q - ARTESIAN RESOURCES CORP (0000863110) (Filer)
NEWARK, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, a 4% increase for the year. This increase will raise the quarterly dividend to $0.3014 per share on the company's Class A and Class B Common Stock, lifting the annualized dividend rate to $1.2056 per share payable November 25, 2024 to shareholders of record at the close of business on November 15, 2024. "Artesian has remained focused on delivering value to our shareholders while providing high quality water service and environmentally sound wastewater services to our customers," said Dia
NEWARK, Del., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of $0.2955 per share is payable August 27, 2024 to shareholders of record at the close of business on August 16, 2024, providing an annualized dividend of $1.182 per share. This is Artesian's 127th consecutive quarterly dividend paid to shareholders. About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on t
NEWARK, Del., May 06, 2024 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ:ARTNA) announces today that its Board of Directors has approved a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock, raising the annualized dividend to $1.182 per share. The quarterly dividend rate of $0.2955 per share is payable May 28, 2024 to shareholders of record at the close of business on May 17, 2024. "This is Artesian's 126th consecutive quarterly dividend paid to shareholders and 28th consecutive year of increased dividends. This record of consistency demonstrates continued success in achieving our long-term strategic objectives of proactively inv
- Reuters
Artesian Resources (NASDAQ:ARTNA) reported quarterly earnings of $0.43 per share which met the analyst consensus estimate. This is a 10.26 percent increase over earnings of $0.39 per share from the same period last year. The company reported quarterly sales of $24.54 million which beat the analyst consensus estimate of $24.00 million by 2.27 percent. This is a 9.11 percent increase over sales of $22.50 million the same period last year.
SC 13G - ARTESIAN RESOURCES CORP (0000863110) (Subject)
SC 13G - ARTESIAN RESOURCES CORP (0000863110) (Subject)
SC 13G/A - ARTESIAN RESOURCES CORP (0000863110) (Subject)
Janney Montgomery Scott initiated coverage of Artesian Resources with a rating of Buy and set a new price target of $55.00
Janney initiated coverage of Artesian Resources with a rating of Buy
4 - ARTESIAN RESOURCES CORP (0000863110) (Issuer)
4 - ARTESIAN RESOURCES CORP (0000863110) (Issuer)
4 - ARTESIAN RESOURCES CORP (0000863110) (Issuer)