ARTNA · NASDAQ · Regulated Water

Artesian Resources (ARTNA)

Provides regulated water, wastewater, and related services across the Delmarva region.

$34.59
vs last close+0.20 (+0.58%)
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Artesian Resources CorporationARTNA
Utilities

Provides regulated water and wastewater utilities and related services through wholly owned subsidiaries across the Delmarva region. Delaware water operations generate most revenue, while water service also reaches Maryland and Pennsylvania.

Operates regulated water and wastewater utilities and related services through wholly owned subsidiaries, with Artesian Water as its principal subsidiary. Water service is concentrated in Delaware, while the group also provides wastewater services there and water service in Maryland and Pennsylvania. Its holding-company structure separates regulated and non-regulated subsidiaries.

Delaware water operations generate most revenue. Regulatory approvals and rate decisions, PFAS and Lead and Copper Rule compliance, infrastructure-material availability and costs, weather and climate effects, and acquisition integration shape the business. The operating model requires continuing infrastructure operation under regulatory oversight.

Company facts

CEONicholle R. Taylor
ListedApr 28, 1994
ExchangeNASDAQ
HeadquartersNewark, DE
CountryUnited States
Employees274
CIK0000863110
ISINUS0431132085

Market cap$355.1M
EPS (ttm)$2.29
P/E (ttm)15.02
ROE9.4%
P/B1.39
P/S3.04
Dividend yieldDiv yield3.68%
Beta−0.07vs XLU 0.49

No analyst consensus on record.

Next report
Oct 29, 26
estimated · in 37 days
EPS estimate
$0.67
Revenue estimate
$32.2M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Oct '25Mar '26May '26Aug '26Oct '26
Reported$0.37$0.53$0.61$0.68$0.40$0.57$0.64Pending
Estimate$0.32$0.35$0.56$0.66$0.37$0.48$0.59$0.67
Surprise+15.6%+51.4%+8.9%+3.0%+8.1%+18.7%+8.5%

RevenueReportedEstimate

Mar '25May '25Aug '25Oct '25Mar '26May '26Aug '26Oct '26
Reported$26.9M$25.9M$28.5M$30.5M$28.0M$27.8M$30.7MPending
Estimate$25.0M$28.0M$30.0M$28.0M$28.0M$27.0M$29.8M$32.2M
Surprise+7.4%−7.6%−4.8%+8.9%+0.1%+2.9%+2.9%
Estimate$0.67
ReportedDue Oct 29, 2026
Estimate$32.2M
ReportedDue Oct 29, 2026
View details

Debt to equity72.40%
Current ratio101.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$29.1M$26.9M$25.9M$28.5M$30.5M$28.0M$27.8M$30.7M
Net income$6.8M$3.8M$5.4M$6.3M$7.0M$4.1M$5.9M$6.6M
Net margin23.4%14.3%21.0%22.0%22.8%14.8%21.4%21.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$8.6M$5.6M$5.5M$7.9M$11.1M$7.1M$8.3M$10.9M
YoY growth+29.0%+2.3%+17.5%+9.1%+29.1%+25.9%+50.3%+38.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $9.8M · Total debt $185.5M · Total assets $884.0M · Shareholders' equity $256.2M

Revenue
$30.7M
Operating income
$10.9M
Net income
$6.6M
View details

Dividend yield
3.68%
Next ex-date
Nov 17, 26
estimated · in 56 days
Annual dividend
$1.27
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.3014$0.3014$0.3074$0.3074$0.3136$0.3136$0.3199$0.3199
Annual yield3.47%3.93%3.55%3.71%3.83%3.68%4.00%3.63%
Ex-dateNov 15Feb 7May 16Aug 15Nov 14Feb 13May 15Aug 17
Payment dateNov 25Feb 21May 27Aug 25Nov 24Feb 25May 29Aug 28
View details

Institutions≈ 102.65%10.60M shares
106 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Adds to102.65%

10.33M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 102.65%; nothing is left for Other.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
T. Rowe Price Investment Management, Inc.Institution
17.67%912,196 · 912,196as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
7.73%399,333 · 399,333as of Jun 30, 2026
Renaissance Technologies LLCInstitution
5.83%301,156 · 301,156as of Jun 30, 2026
BlackRock, Inc.Institution
4.05%209,332 · 209,332as of Jun 30, 2026
Morgan StanleyInstitution
4.02%207,593 · 207,593as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 17, 2026Dian C. Taylordirector−2,000$35.29
Sep 16, 2026Dian C. Taylordirector−2,000$35.05
Sep 3, 2026Dian C. Taylordirector−3,876$36.11
Sep 2, 2026Dian C. Taylordirector−1,124$36.00
Aug 31, 2026Dian C. Taylordirector−2,000$35.50
View details

  • American Water Works

    Large regulated-water peer in Mid-Atlantic systems and acquisitions

  • Essential Utilities

    Aqua-branded peer for Pennsylvania systems and utility acquisitions

  • York Water

    Pennsylvania peer in regulated water, wastewater, and small-system acquisitions

Compare

CompanyPriceChange
Artesian Resources$34.59+0.58%$355.1M15.014.93.0+7.4%
American Water Works$133.970.00%$26.62B23.221.95.0+6.2%
Essential Utilities$40.44−0.10%$11.48B20.717.54.5+3.1%
York Water$32.22+0.09%$521.8M20.019.987.9+22.5%
Median20.719.95.0+6.2%