Artesian Resources (ARTNA) to Release Earnings on Wednesday

Artesian Resources (NASDAQ:ARTNA - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $25.00 million for the quarter.

Artesian Resources Stock Performance

Shares of ARTNA traded up $1.19 during mid-day trading on Friday, hitting $33.01. The company's stock had a trading volume of 43,421 shares, compared to its average volume of 38,755. Artesian Resources has a one year low of $29.45 and a one year high of $41.29. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.07 and a current ratio of 1.22. The firm has a market capitalization of $339.94 million, a PE ratio of 16.93 and a beta of 0.23. The stock's 50-day moving average is $31.14 and its two-hundred day moving average is $33.76.

Artesian Resources Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.3014 dividend. This is a boost from Artesian Resources's previous quarterly dividend of $0.30. This represents a $1.21 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend was Friday, February 7th. Artesian Resources's dividend payout ratio (DPR) is 61.54%.

Artesian Resources 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.