ARTNA remains a buy due to strong fundamentals, robust Q1 results, and continued infrastructure investments supporting mid-single-digit EPS growth. Shares are undervalued at a 14% discount to fair value, offering a potential 22% total return by June 2026 and 10% annualized over five years. Dividend growth is reliable, with a 29-year streak and a sustainable payout ratio, supporting ongoing increases around 4% annually.
Here is how Artesian Resources (ARTNA) and ENGIE - Sponsored ADR (ENGIY) have performed compared to their sector so far this year.
Artesian Resources offers steady, predictable earnings growth and a 30-year track record of dividend increases. The stock price has been flat for many years while earnings continue to increase. That leads to a more favorable valuation today. Recent quarterly results have been strong despite the underwhelming stock price reaction.
Investors often skip over the utilities sector in favor of companies in higher-growth industries. Utilities stocks tend to be stable sources of dividend income and defensive plays.
Water utilities like AWK, SBS, MSEX and ARTNA are likely to benefit from stable demand for water and wastewater services. Capital-intensive utilities are set to gain from interest rate cuts.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Artesian Resources (ARTNA) have what it takes?
Here is how Artesian Resources (ARTNA) and Deutsche Telekom AG (DTEGY) have performed compared to their sector so far this year.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Artesian Resources (ARTNA) have what it takes?
Artesian Resources just upped its quarterly dividend paid to shareholders. Customer growth and new water rates pushed revenue and diluted EPS higher in Q3. ARTNA's debt-to-capital ratio implies that it is financially secure.
Artesian Resources (ARTNA) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.49 per share a year ago.
Having hiked its dividend for 29 years straight, Artesian Resources is a Dividend Champion. Thanks to higher water rates and customer growth, the utility's revenue and diluted EPS climbed in Q2. Artesian Resources' balance sheet is well capitalized.
Artesian Resources is a regulated monopoly water utility with steady growth, consistent dividends, and is currently undervalued, making it a long-term buy for dividend growth investors. The company has a robust capital investment program, partnerships, and M&A activities, contributing to revenue growth. Artesian Resources boasts a 32-year streak of dividend increases, with a current yield of 3.27%, supported by a 65% payout ratio and strong cash flow.