Artesian Resources Corporation (ARTNA) AI Stock Analysis

Artesian Resources Corporation distributes and sells water to residential, commercial, industrial, governmental, and municipal customers across Delaware, Maryland, and Pennsylvania. It provides public and private fire protection services, as well as comprehensive wastewater collection and treatment infrastructure in Delaware. Its service portfolio includes contract water and wastewater operations, service line protection plans, and storm water management system installation and maintenance. Artesian also offers design, construction, and engineering services, operational support and billing functions for other utilities, and holds strategic real estate designated for office buildings, water treatment plants, and wastewater facilities.

Between FY2020 and FY2025, revenue generated a 5-year CAGR of 5.1%, rising from $90.9M in FY2021 to $112.9M in FY2025. Annual net income increased from $16.8M in FY2021 to $22.8M in FY2025, with EPS climbing from $1.79 to $2.22 over the same period. While gross margin compressed to 37.2% in FY2025 from 49.5% in FY2024, operating margin expanded to 31.5%, bringing net margin to 20.2%. For the trailing twelve months ended June 30, 2026, revenue stood at $116.9M with an operating margin of 35.5% and EPS of $2.29. In the latest quarter, quarterly revenue grew 7.4% year-over-year, while quarterly earnings grew 4.4%.

As of June 30, 2026, Artesian Resources held $9.8M in cash and short-term investments against $185.5M in total debt, resulting in net debt of $175.7M. Total assets were $884.0M and shareholders' equity was $256.2M, with a debt-to-equity ratio of 0.72 and a current ratio of 1.01. Operating cash flow reached $40.3M in FY2025. Due to capital expenditures of $58.8M, free cash flow was -$18.5M. In FY2025, the company paid $12.7M in dividends, while share count increased 9.5% over 5 years.

ARTNA trades at a trailing P/E of 14.6x and an EV/EBITDA of 9.9x, both below the median of its US-listed Utilities peers of 20.6x and 12.1x, respectively. Its forward P/E of 17.9x is slightly above the peer median of 17.2x, while price-to-sales of 2.9x compares to 2.4x for peers. Over the past year, the stock returned 3.5%, trailing the S&P 500 (SPY) return of 16.8%. Over 5 years, the stock returned -1.2%, compared to an 83.0% return for the benchmark.

Artesian Resources offers an annual forward dividend of $1.27 per share, representing a dividend yield of 3.79% and a payout ratio of 55.4%. Dividends are distributed quarterly and have been paid for 33 consecutive years, with a 5-year annualized dividend growth rate of 4.1%. The last ex-dividend date was August 17, 2026.

Wall Street analysts have a mean price target of $46.00 for ARTNA, representing an upside of 37.8% over its last close of $33.38. The company has beat EPS estimates in each of the last 4 quarters. The next earnings date is scheduled for October 29, 2026.

This page is an AI-written research summary of Artesian Resources Corporation (ARTNA). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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