Artesian Resources Corp logo

Artesian Resources Corp (ARTNA)

Common Stock · Currency in USD · XNAS

Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.

Company Info

SIC4941
Composite FIGIBBG000BG1811
CIK0000863110
IPOJan 12, 1995
Sectorwater supply

Highlights

Market Cap$331.22M
EPS$2.72
P/E Ratio11.89
Revenue$118.08M
Gross Profit$121.96M
Net Income$27.85M
Employees274
WSO10,289,412
Phone(302) 453-6900

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Artesian Resources Corp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Artesian Resources Corp (ARTNA) has returned 1.20% so far this year and 0.34% over the past 12 months. Looking at the last ten years, ARTNA has achieved an annualized return of 1.54%, underperforming the Benchmark (SPY), which averaged 12.29% per year.

ARTNA

1M-3.46%
6M-1.38%
YTD1.20%
1Y0.34%
5Y-4.20%
10Y1.54%

Benchmark (SPY)

1M-1.12%
6M-1.69%
YTD-3.91%
1Y26.27%
5Y9.91%
10Y12.29%

Monthly Returns

The table below presents the monthly returns of Artesian Resources Corp (ARTNA) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20265.34%1.56%-6.02%0.03%
2025-3.13%1.37%3.46%9.06%-3.20%-2.58%-2.83%1.07%-2.01%-0.71%-2.48%1.15%
2024-11.49%-5.82%9.05%-6.31%2.37%-2.82%10.52%-7.67%3.83%-9.87%3.95%-8.35%
2023-0.17%-4.78%-1.65%-1.62%-9.64%-4.39%-2.86%0.90%-8.94%-5.69%6.81%-1.31%
20223.81%-2.86%5.06%-4.22%6.30%0.35%5.16%5.97%-11.95%7.66%4.02%7.07%
202110.01%-9.00%4.26%2.46%2.08%-10.32%4.69%0.69%-3.07%5.26%5.82%6.68%
20201.51%-9.44%7.23%-4.27%2.06%2.92%-3.12%-0.17%-2.07%1.56%3.91%-1.30%
20191.96%10.75%-3.73%-2.76%-0.56%3.91%-3.02%1.00%1.65%0.79%-0.25%-0.16%
2018-3.70%-10.98%10.24%5.25%2.39%-1.85%-4.43%-2.44%1.21%-0.65%-0.90%-4.73%
2017-3.12%6.39%-1.27%17.97%-8.37%6.84%2.26%-5.07%1.39%6.84%3.34%-8.91%
2016-3.16%4.68%21.01%-0.18%-19.77%3.26%-0.46%12.09%1.49%

Performance Indicators

The charts below present risk-adjusted performance metrics for Artesian Resources Corp (ARTNA) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00ARTNA: 0.04SPY: 0.91

Sortino ratio

-6.00-4.00-2.000.002.004.00ARTNA: 0.05SPY: 1.39

Omega ratio

0.501.001.502.00ARTNA: 1.01SPY: 1.21

Calmar ratio

0.002.004.006.00ARTNA: -0.15SPY: 1.73

Martin ratio

0.001.003.00ARTNA: 0.01SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of ARTNA compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Artesian Resources Corp volatility is 1.78%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

2024202320222021202020192018201720162011
Liabilities And Equity (USD)798.62M766.83M719.79M625.21M593.22M560.37M529.83M494.64M450.98M378.74M
Equity Attributable To Parent (USD)239.19M230.40M187.93M178.01M169.43M160.27M153.25M146.64M139.02M113.00M
Equity Attributable To Noncontrolling Interest (USD)----------
Equity (USD)239.19M230.40M187.93M178.01M169.43M160.27M153.25M146.64M139.02M113.00M
Commitments and Contingencies (USD)----------
Long-term Debt (USD)178.68M180.54M177.62M144.85M144.09M145.86M117.59M106.93M103.65M-
Noncurrent Liabilities (USD)84.93M87.78M87.86M79.58M77.48M80.87M84.97M85.66M78.19M57.24M
Other Current Liabilities (USD)14.37M12.72M33.14M37.50M37.38M17.42M29.54M19.61M13.80M21.88M
Accounts Payable (USD)11.23M9.70M10.93M10.21M6.34M8.18M8.19M8.85M5.53M2.78M
Current Liabilities (USD)25.59M22.41M44.07M47.70M43.72M25.60M37.73M28.46M19.33M24.66M
Liabilities (USD)559.43M536.44M531.86M447.20M423.79M400.10M376.58M348.00M311.95M265.74M
Other Non-current Assets (USD)770.49M732.52M688.25M602.30M571.80M542.35M509.86M3.72M3.58M5.14M
Fixed Assets (USD)3.60M3.69M3.74M3.75M3.80M3.81M3.85M3.88M3.88M4.21M
Noncurrent Assets (USD)774.10M736.22M691.99M606.05M575.60M546.16M513.71M7.60M7.47M9.36M
Current Assets (USD)24.53M30.62M27.80M19.16M17.62M14.21M16.12M18.99M14.64M13.25M
Assets (USD)798.62M766.83M719.79M625.21M593.22M560.37M529.83M494.64M450.98M378.74M

News and Insights

Artesian Resources Corporation Declares First Quarter 2026 Common Stock Dividend

Artesian Resources Corporation (NASDAQ: ARTNA) announced its Board of Directors has declared a regular quarterly dividend of $0.3136 per share, payable on February 25, 2026, to shareholders of record as of February 13, 2026. This represents an annualized dividend rate of $1.2544 and marks the company's 133rd consecutive quarterly dividend.

Benzinga faviconBenzingaGlobe Newswire
Artesian Resources Corporation Declares First Quarter 2026 Common Stock Dividend

Artesian Resources Corporation announced a quarterly dividend of $0.3136 per share payable on February 25, 2026, marking the company's 133rd consecutive quarterly dividend. The annualized dividend rate is $1.2544. Artesian Water Company, the principal subsidiary, is the largest regulated water utility on the Delmarva Peninsula, supplying 9.5 billion gallons of water annually to over a third of Delawareans.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Artesian Water Company Announces Credit to Delaware Customers With Proceeds From PFAS Settlement Agreement

Artesian Water Company will provide a $73 bill credit to Delaware customers using proceeds from a $7.2 million PFAS settlement with 3M, demonstrating proactive steps in addressing water contamination and holding responsible parties accountable.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Nicki Taylor
Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend

Artesian Resources Corporation has approved a 2% increase in its quarterly common stock dividend, marking a 4% increase for the year. The dividend will be $0.3136 per share, payable on November 24, 2025, representing the company's 132nd consecutive quarterly dividend.

Benzinga faviconBenzingaGlobe Newswire
Artesian Resources Corporation Reports Second Quarter and Year-To-Date 2025 Results

Artesian Resources Corporation reported strong Q2 2025 financial performance, with net income increasing 18.1% to $6.3 million, driven by higher water sales, growing wastewater customer base, and service line protection plan revenues.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Nicki Taylor
Artesian Resources Corporation Declares Common Stock Dividend

Artesian Resources Corporation announced its 131st consecutive quarterly dividend of $0.3074 per share, payable on August 25, 2025, to shareholders of record as of August 15, 2025.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Virginia Eisenbrey
3 Utilities Stocks With Big Earnings, Balanced Risk

The utilities sector has emerged as one of the most resilient sectors in 2025, with the Utilities Select Sector SPDR Fund (XLU) returning 8% year-to-date. The article highlights three utilities stocks - Artesian Resources (ARTNA), Clearway Energy (CWEN), and NiSource (NI) - that have shown strong earnings and balanced risk profiles.

Investing.com faviconInvesting.comMarketbeat.Com
Artesian Resources Corporation Declares First Quarter 2025 Common Stock Dividend

Artesian Resources Corporation announced that its Board of Directors declared a regular quarterly dividend on the company's Class A and Class B Common Stock, continuing its 129th consecutive quarterly dividend payment.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend

Artesian Resources Corporation announced a 2% increase in its quarterly common stock dividend, marking the second increase this year. The company cited its focus on delivering value to shareholders and the strength and stability of its businesses.

Benzinga faviconBenzingaGlobe Newswire
The Best Costco Finds This Week - The Motley Fool

This article highlights several high-end products available at Costco, including a luxury spa, diamond bracelet, skincare cream, and a digital piano, as well as a vacation package to Tahiti. The article showcases how Costco offers access to premium items at discounted prices.

The Motley Fool faviconThe Motley FoolJordi Lippe-Mcgraw