ARTNA Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of ARTNA, the DDM model generated by StockNews estimates a return of positive 107.58% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Artesian Resources Corp are:

• In comparison to other US listed dividend yielding stocks in the Utilities sector, the expected return of 107.58%, based on the stock's current share price and target price based on a dividend discount model, is greater than 91.18% of the DDM-forecasted return of its its sector peers.
• Compared to all dividend issuing stocks in our set, ARTNA has a discount rate lower than 91.18% of them (a lower discount rate is associated with lower risk).
• Beta tells us how volatile a stock's price is relative to the broader equity index; as for ARTNA, approximately 94.99% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
• As other dividend issuers in the Utilities sector, Artesian Resources Corp has an equity discount rate lower than 98.53% of them.

ARTNA Dividends vs. Peers