Artesian Resources Corporation ARTNA

33.25 (0.07) (0.21%) as of 25 Sep
Market cap
$344.3M
P/E
14.5×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 1.04
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — 2 — — 3 — — — — 5 3
Insider Ownership 11.19%

Capital & Financial Ratios

Market Cap 344.27
Revenue 116.94
Net Income 23.61
Free Cash Flow (18.06)
Net Debt 175.27
Current Ratio 1.01
Debt/Equity 0.72
P/E ratio 14.46
P/S ratio 2.94
P/B ratio 1.34
Past 5Y EPS Growth 4.36%
This Y EPS Growth 2.71%
Next Y EPS Growth 7.05%
Next 5Y EPS Growth 4.75%
in millions of $

Dividends

Payout Ratio 0.64
Annual Dividend Rate 1.14
Annual Dividend Yield 4.00%
total individual payouts
2026 0.95
0.31
0.32
0.32
2025 1.23
0.30
0.31
0.31
0.31
2024 1.18
0.29
0.30
0.30
0.30
2023 1.14
0.28
0.28
0.28
0.29
2022 1.09
0.27
0.27
0.27
0.28
2021 1.05
0.26
0.26
0.26
0.27
2020 1.01
0.25
0.25
0.25
0.26
2019 0.98
0.24
0.25
0.25
0.25
2018 0.95
0.24
0.24
0.24
0.24
2017 0.93
0.23
0.23
0.23
0.24
2016 0.90
0.22
0.22
0.22
0.23
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 3 1 0 10
Receivables 17 14 12 14
Inventory 6 4 4 4
Other — — — —
31 25 21 31
2023 2024 2025 Q'26
Payables 10 11 14 10
ST’ Debt 2 2 2 3
Other 5 5 6 9
22 26 34 30
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 3.90% 5.08% 4.53%
Cash Flow 3.57% 14.66% 18.47%
Earnings 7.28% 6.30% 8.24%
Book Value 6.56% 8.08% 9.97%

Revenue

Mar Jun Sep Dec Year
’26 28 31 — — —
’25 26 29 30 28 113
’24 25 27 29 27 108
’23 22 25 27 25 99
’22 22 25 27 25 99
’21 21 22 25 23 91
’20 20 22 25 22 88
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 9 10 — — —
’25 11 8 11 10 40
’24 13 7 11 7 37
’23 11 5 8 8 32
’22 12 2 11 (1) 24
’21 10 4 6 12 31
’20 7 5 2 6 20
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (4) (2) — — —
’25 1 (8) (3) (8) (18)
’24 4 (3) (2) (8) (8)
’23 (6) (11) (8) (5) (30)
’22 2 (12) (2) (13) (24)
’21 4 (10) (5) 1 (9)
’20 (2) (3) (7) (2) (14)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.57 0.64 — — —
’25 0.53 0.61 0.68 0.40 2.21
’24 0.43 0.52 0.66 0.37 1.98
’23 0.39 0.44 0.49 0.34 1.67
’22 0.47 0.53 0.65 0.24 1.90
’21 0.45 0.48 0.54 0.32 1.79
’20 0.44 0.49 0.54 0.33 1.79
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
25.17 29.37 32.00 33.14 30.01 35.90 43.02 38.76 30.99 29.45

Analyst estimates 2026–2028

Powerpack
Low Price
35.00 43.22 41.92 40.97 40.26 47.99 60.36 63.00 41.73 36.19
High Price
225 233 241 239 235 245 252 251 249 274
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
79 82 80 84 88 91 99 99 108 113
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
13 14 14 15 17 17 18 17 20 23
EBT
16.38% 17.00% 17.76% 17.85% 19.08% 18.52% 18.20% 16.89% 18.89% 20.21%
EBT Margin
13 14 14 15 17 17 18 17 20 23
Net Income
9 10 10 11 11 12 13 13 13 13
Depreciation
8.69 8.96 8.70 9.01 9.45 9.67 10.45 9.87 10.49 10.96
Revenue/Sh
1.42 1.52 1.55 1.61 1.80 1.79 1.90 1.67 1.98 2.21
Earnings/Sh
3.27 3.90 3.15 2.03 2.18 3.33 2.56 3.18 3.58 3.91
Cash Flow/Sh
(3.09) (4.47) (5.30) (4.38) (3.67) (4.34) (5.12) (6.20) (4.40) (5.70)
Capex/Sh
0.18 (0.57) (2.15) (2.35) (1.49) (1.00) (2.55) (3.02) (0.83) (1.78)
Free CF/Sh
15.28 15.98 16.59 17.28 18.17 18.95 19.86 23.00 23.24 24.24
Book Value/Sh
9 9 9 9 9 9 9 10 10 10
Shares
21.75 24.55 22.50 23.11 20.60 25.74 31.05 24.57 15.97 14.24
PE Ratio
3.55 4.16 4.01 4.13 3.92 4.79 5.64 4.13 3.02 2.89
PS Ratio
2.02 2.33 2.10 2.15 2.04 2.44 2.97 1.77 1.36 1.30
PB Ratio
4.86 5.45 5.47 5.87 5.56 6.38 7.43 5.93 4.66 4.45
EV/Sales
236.74 (85.75) (22.12) (22.54) (35.31) (61.61) (30.41) (19.41) (59.21) (27.34)
EV/FCF
30 36 29 19 20 31 24 32 37 40
Op' Cash Flow
(28) (41) (49) (41) (34) (41) (48) (62) (45) (59)
Capex
2 (5) (20) (22) (14) (9) (24) (30) (8) (18)
FCF
(5) (9) (22) (11) (26) (29) (16) 8 (1) (12)
Working Cap'
104 107 118 146 144 145 178 181 179 176
Total Debt
103 106 117 145 144 145 176 178 178 176
Net Debt
139 147 153 160 169 178 188 230 239 250
Sh' Equity
2.94% 2.96% 2.79% 2.74% 2.92% 2.76% 2.68% 2.25% 2.61% 2.77%
ROA
4.85% 4.85% 4.38% 4.08% 4.44% 4.32% 4.10% 3.43% 3.92% 4.07%
ROIC
9.55% 9.79% 9.52% 9.52% 10.20% 9.69% 9.84% 7.98% 8.69% 9.33%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Artesian Resources Corporation (ARTNA) key facts

  • Artesian Resources Corporation (ARTNA) is an Utilities Regulated Water company in the Utilities sector, listed on Nasdaq.
  • Artesian Resources Corporation’s revenue for fiscal 2025 (year ended December 2025) was $112.9 million, up 4.62% from fiscal 2024.
  • Net income was $22.8 million, or $2.21 per share (basic), a net margin of 20.2%.
  • As of September 25, 2026, ARTNA traded at $33.25, a market capitalization of $344.3 million.
  • At that price the stock trades at 14.5× trailing-twelve-month earnings and 2.9× sales.
  • Artesian Resources Corporation pays an annual dividend of $1.14 per share, a yield of 4.00%, with a payout ratio of 64.4%.
  • Return on equity was 9.33% and debt-to-equity 0.72.

Source: company filings (standardised) and stockrow calculations.

Artesian Resources Corporation (ARTNA) Latest News

News by impact score

Fine-tune

6 Aug

3

Artesian Resources Corporation released its second quarter and year-to-date 2026 financial results. Quarterly results directly inform views on financial performance and near-term outlook.

3

Artesian Resources Corporation (ARTNA) is highlighted as one of three top-ranked dividend stocks that can enhance retirement income. The article emphasizes the importance of dividend-paying stocks for investors seeking stable income streams, particularly in uncertain market conditions. ARTNA's consistent dividend payments and strong financial performance position it favorably among peers, making it an attractive option for income-focused investors. ARTNA's status as a top-ranked dividend stock may moderately influence investor sentiment and financial performance.

5 May

3

Artesian Resources Corporation reported first quarter 2026 results. Quarterly financial results influence key performance metrics and investor sentiment moderately.

3

Artesian Resources Corporation (ARTNA) announced a 2% increase in its quarterly common stock dividend. A 2% dividend increase signals financial stability and boosts investor sentiment without fundamentally changing operations or competitive position.

12 Mar

4

Artesian Resources Corporation (ARTNA) reported 2025 year-end earnings and fourth quarter results. Year-end and Q4 earnings reports directly affect financial performance metrics and investor sentiment toward future growth.

3

Artesian Resources Corporation reported Q4 earnings with revenue of $22.7 million, up 7.5% year-over-year, net income of $3.2 million or $0.27 per share, missing analyst expectations of $0.30. Q4 earnings miss analyst estimates despite revenue growth, likely causing moderate short-term pressure on stock price and investor sentiment.

2 Feb

3

Artesian Resources Corporation has declared a common stock dividend for the first quarter of 2026, reflecting its ongoing commitment to returning value to shareholders. The dividend amount and payment date have been specified, indicating the company's stable financial position and operational performance. The dividend declaration signals financial stability but does not indicate significant changes in operations or market dynamics.

1 Feb

3

Artesian Resources Corporation (ARTNA) has faced a challenging three-year period for investors, resulting in unprofitable returns. The company's stock performance has been lackluster, raising concerns about its financial health and future growth prospects. Investors are urged to consider these factors when evaluating their positions in the company. The unprofitability over the past three years indicates a moderately noticeable influence on financial performance and investor sentiment.

5 Jan

3

Artesian Resources Corporation (ARTNA) has faced stagnation in its returns, indicating potential challenges in growth and profitability. The company's performance metrics suggest that it may be struggling to maintain momentum in a competitive market. Investors are advised to monitor developments closely as the situation unfolds. Stagnation in returns may moderately influence financial performance and investor sentiment.

22 Dec

4

Artesian Resources Corporation (ARTNA) is gaining attention due to its recent strategic initiatives aimed at enhancing operational efficiency and expanding service offerings. The company is focusing on sustainable practices and infrastructure improvements, which are expected to bolster its market position. Investors are encouraged to consider the potential long-term benefits of these developments as Artesian navigates the evolving landscape of the water utility sector. Strategic initiatives and infrastructure improvements are likely to significantly impact the company's future performance and market positioning.

6 Dec

3

Artesian Resources Corporation's intrinsic value is analyzed, focusing on its financial metrics and market position. The evaluation considers factors such as revenue growth, dividend history, and industry trends. The analysis aims to provide insights into whether the stock is undervalued or overvalued based on current market conditions and future projections. The analysis of intrinsic value may moderately influence investor sentiment and financial performance.

19 Nov

3

Artesian Water Company has announced a credit for Delaware customers, funded by proceeds from a settlement agreement related to PFAS contamination. This initiative aims to provide financial relief to affected customers and underscores the company's commitment to addressing environmental concerns. The credit to customers from the PFAS settlement may enhance customer relations and brand reputation, but its overall financial impact is expected to be limited.

17 Nov

3

Artesian Resources Corporation (ARTNA) is highlighted as a top-ranked dividend stock, emphasizing its potential to enhance retirement portfolios. The article outlines the company's strong financial performance, consistent dividend payments, and strategic initiatives aimed at growth. Investors are encouraged to consider ARTNA for its reliability and long-term value in a diversified investment strategy. The focus on dividend stocks indicates a moderately noticeable influence on investor sentiment and financial performance.

10 Nov

3

Artesian Resources Corporation (ARTNA) is highlighted as one of three top-ranked dividend stocks that can enhance retirement income. The article emphasizes the importance of investing in dividend-paying stocks for generating reliable income streams, particularly for retirees. ARTNA's strong financial performance and commitment to returning value to shareholders through dividends make it an attractive option for income-focused investors. The company is noted for its consistent dividend payments and growth potential, positioning it favorably in the current market landscape. ARTNA's recognition as a top-ranked dividend stock may moderately influence investor sentiment and financial performance.

8 Nov

4

Artesian Resources Corporation (NASDAQ:ARTN.A) has announced that its upcoming dividend will exceed last year's payout, signaling a positive trend in the company's financial health and commitment to returning value to shareholders. An increase in dividends typically reflects strong financial performance and can significantly influence investor sentiment and market perception.

2 Nov

4

Artesian Resources Corporation (ARTNA) reported earnings growth that surpasses its long-term trend, reinforcing its appeal to quality-focused investors. The company's performance reflects strong operational efficiency and strategic initiatives aimed at enhancing shareholder value. This positive trend is expected to bolster investor confidence and support the company's market position moving forward. Earnings growth exceeding long-term trends indicates significant operational improvements that could enhance investor sentiment and market performance.

30 Oct

4

Artesian Resources Corporation (ARTNA) reported third-quarter earnings and revenue that exceeded analysts' expectations. The company demonstrated strong financial performance, driven by increased demand for its water services and effective cost management strategies. This positive outcome reflects Artesian's robust operational capabilities and positions it favorably in the market. Surpassing earnings and revenue estimates indicates significant operational strength and potential for future growth.

4

Artesian Resources Corporation reported its financial results for the third quarter and year-to-date 2025, highlighting key metrics such as revenue growth and net income. The company experienced an increase in customer demand and operational efficiency, contributing to improved financial performance. Management provided insights into future strategies and ongoing projects aimed at enhancing service delivery and sustainability initiatives. Overall, the results reflect a positive trajectory for the company amidst a competitive landscape. The financial results indicate significant growth and strategic initiatives that could alter the company's future performance.

3

Artesian Resources Corporation reported its Q3 earnings, highlighting a steady performance with increased revenues compared to the previous year. The company attributed growth to higher water sales and improved operational efficiency. Despite challenges in the market, Artesian remains focused on strategic investments and enhancing service delivery to customers. The outlook for the remainder of the year appears positive, with management expressing confidence in meeting financial targets. Increased revenues and operational efficiency may moderately influence financial performance and market sentiment.

3

Artesian Resources Corporation has announced a second 2% increase in its quarterly common stock dividend for the year, reflecting the company's commitment to returning value to shareholders. This increase marks a continued trend of dividend growth, showcasing the company's financial stability and positive outlook. The dividend increase indicates financial health and may positively influence investor sentiment, but it is not expected to fundamentally alter the company's trajectory.

29 Oct

4

Artesian Resources Corporation (ARTNA) is highlighted as a high-growth dividend stock, appealing to investors seeking reliable income alongside growth potential. The company has demonstrated consistent revenue growth and a commitment to returning value to shareholders through dividends. With a strong market position and strategic initiatives in place, ARTNA is positioned for continued success in the water utility sector, making it an attractive option for dividend-focused investors. Artesian Resources Corporation's strategic initiatives and growth potential are likely to significantly impact its future performance and investor sentiment.

13 Oct

4

Artesian Resources Corporation (ARTNA) is highlighted as an attractive dividend stock due to its consistent dividend payments, strong financial performance, and commitment to shareholder returns. The company has demonstrated resilience in its operations and maintains a solid balance sheet, making it a reliable choice for income-focused investors. Additionally, Artesian's strategic initiatives and growth prospects in the water utility sector further enhance its appeal as a dividend investment. Strong financial performance and strategic initiatives are likely to significantly impact future growth and investor sentiment.

6 Oct

3

Artesian Resources Corporation (NASDAQ:ARTN.A) is significantly influenced by institutional investors, who own 54% of the company's shares. This level of ownership suggests that institutional stakeholders play a crucial role in the company's governance and strategic direction, potentially impacting its future performance and market dynamics. The high institutional ownership may moderately influence the company's strategic decisions and market sentiment.

26 Sep

4

Artesian Resources Corporation (ARTNA) is highlighted as a top dividend stock due to its consistent dividend payments and strong financial performance. The company has a solid track record of increasing dividends, making it an attractive option for income-focused investors. With a focus on sustainable water services and a commitment to community engagement, Artesian is well-positioned for future growth. The company's strategic initiatives and operational efficiency further enhance its appeal in the competitive utility sector. Artesian's strong dividend history and strategic initiatives are likely to significantly impact its future performance and investor sentiment.

20 Sep

3

Artesian Resources Corporation (ARTNA) is facing weak financial prospects that are negatively impacting its stock performance. Concerns about the company's ability to generate sustainable revenue and manage costs have led to a decline in investor confidence. Analysts suggest that without significant improvements in financial metrics, the stock may continue to struggle in the market. Weak financial prospects are expected to moderately influence the company's performance and market sentiment.

10 Sep

4

Artesian Resources Corporation (ARTNA) is highlighted as a top dividend stock, attracting attention from investors seeking reliable income sources. The company has demonstrated consistent dividend payments, making it an appealing option for those focused on dividend yield. Analysts suggest that ARTNA's financial stability and growth prospects could further enhance its attractiveness in the current market environment. Investors are encouraged to consider the stock for potential inclusion in their portfolios, particularly in light of its strong dividend history. The emphasis on Artesian's strong dividend performance and financial stability indicates significant potential for future investor interest and market positioning.

25 Aug

4

Artesian Resources Corporation (ARTNA) is highlighted as a strong dividend stock due to its consistent dividend payments, solid financial performance, and commitment to shareholder returns. The company has a history of increasing dividends, which reflects its stable cash flow and growth potential. Additionally, ARTNA's focus on sustainable water resources and infrastructure investments positions it well in the market, making it an attractive option for income-focused investors. The company's commitment to increasing dividends and investments in sustainable infrastructure are likely to significantly impact its future performance and investor sentiment.

3

Artesian Resources Corporation (NASDAQ:ARTN.A) has seen its stock value decline by 34% over the past three years, raising concerns among investors about the company's performance and future prospects. The decline reflects broader challenges in the market and may indicate issues within the company's operations or competitive positioning. The significant stock decline suggests moderate concerns about financial performance and market sentiment, but it may not fundamentally alter the company's trajectory.

12 Aug

3

Artesian Resources Corporation (ARTNA) is highlighted as a top-ranked dividend stock, appealing to investors seeking to enhance their retirement income. The article emphasizes the company's consistent dividend payments and financial stability, making it an attractive option for income-focused investors. Additionally, ARTNA's commitment to sustainable practices and community engagement is noted, further solidifying its reputation in the market. The focus on dividend stability and sustainability may moderately influence investor sentiment and financial performance.

8 Aug

4

Artesian Resources Corporation (ARTNA) is highlighted as a strong investment choice due to its consistent performance and strategic initiatives. The company has demonstrated resilience in the water utility sector, showcasing growth potential through infrastructure investments and sustainable practices. Analysts suggest that ARTNA's focus on customer service and community engagement further enhances its market position. With favorable regulatory conditions and a commitment to innovation, Artesian Resources is poised for continued success, making it an attractive option for investors seeking stability and growth in the utility sector. Significant strategic initiatives and favorable market conditions are expected to enhance the company's growth trajectory.

stockrow.com/ARTNA · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com