Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
ARTNA logo ARTNA
Upturn stock ratingUpturn stock rating
ARTNA logo

Artesian Resources Corporation (ARTNA)

Upturn stock ratingUpturn stock rating
$32.57
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/15/2025: ARTNA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $46

1 Year Target Price $46

Analysts Price Target For last 52 week
$46 Target price
52w Low $28.63
Current$32.57
52w High $37.29

Analysis of Past Performance

Type Stock
Historic Profit -33.23%
Avg. Invested days 16
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 340.61M USD
Price to earnings Ratio 15.2
1Y Target Price 46
Price to earnings Ratio 15.2
1Y Target Price 46
Volume (30-day avg) 1
Beta 0.33
52 Weeks Range 28.63 - 37.29
Updated Date 09/14/2025
52 Weeks Range 28.63 - 37.29
Updated Date 09/14/2025
Dividends yield (FY) 3.63%
Basic EPS (TTM) 2.17

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.27%
Operating Margin (TTM) 35.09%

Management Effectiveness

Return on Assets (TTM) 2.76%
Return on Equity (TTM) 9.34%

Valuation

Trailing PE 15.2
Forward PE 17.86
Enterprise Value 520056081
Price to Sales(TTM) 3.08
Enterprise Value 520056081
Price to Sales(TTM) 3.08
Enterprise Value to Revenue 4.71
Enterprise Value to EBITDA 9.93
Shares Outstanding 9429150
Shares Floating 9280366
Shares Outstanding 9429150
Shares Floating 9280366
Percent Insiders 4.02
Percent Institutions 58.79

ai summary icon Upturn AI SWOT

Artesian Resources Corporation

stock logo

Company Overview

overview logo History and Background

Artesian Resources Corporation was founded in 1905 as Artesian Water Company. It has evolved into a provider of water, wastewater, and other related services, primarily in Delaware and the surrounding region. The company has grown through acquisitions and organic expansion of its service territory.

business area logo Core Business Areas

  • Water: Provides water service to residential, commercial, and industrial customers, including source water production, treatment, and distribution.
  • Wastewater: Offers wastewater collection and treatment services.
  • Other Services: Includes water and sewer service line protection plans, and other services related to water resource management.

leadership logo Leadership and Structure

The company is led by a board of directors and an executive management team. Dian C. Taylor is the Chairman and CEO. The organizational structure includes departments for operations, finance, customer service, and engineering.

Top Products and Market Share

overview logo Key Offerings

  • Water Service: Provides potable water to a large service area in Delaware and neighboring states. Revenue is primarily derived from volumetric water sales and service charges. Artesian is a major provider in its service area, but exact market share is not publicly available. Competitors include other municipal and private water providers where service territories overlap or compete for expansion.
  • Wastewater Service: Collects and treats wastewater from residential and commercial customers. Revenue is generated through usage fees and connection charges. Market share is concentrated within its defined service area. Competition comes from municipal wastewater treatment facilities and other private wastewater service providers.
  • Water & Sewer Service Line Protection Plans: Artesian offers service line protection plans to customers, protecting them from the high cost of repairing or replacing broken or leaking water and sewer lines on their property. Competitors are HomeServe, American Water Resources.

Market Dynamics

industry overview logo Industry Overview

The water and wastewater utility industry is characterized by high capital intensity, regulation, and essential services. Demand is relatively stable but influenced by population growth, economic activity, and environmental regulations.

Positioning

Artesian Resources Corporation is a regional player focused on providing high-quality water and wastewater services in Delaware and the surrounding areas. Its competitive advantages include its established infrastructure, regulatory expertise, and focus on customer service.

Total Addressable Market (TAM)

The TAM for water and wastewater services in the Mid-Atlantic region is estimated to be in the billions of dollars annually. Artesian's TAM is determined by its existing service territory and expansion opportunities within that region. The company is well-positioned to capture a share of this market through organic growth and acquisitions.

Upturn SWOT Analysis

Strengths

  • Established infrastructure network
  • Strong regulatory relationships
  • Experienced management team
  • Essential service provider
  • Geographic focus

Weaknesses

  • Limited geographic diversification
  • Capital-intensive operations
  • Vulnerability to environmental regulations
  • Dependence on regulatory approvals for rate increases

Opportunities

  • Acquisitions of smaller water and wastewater systems
  • Expansion into new service territories
  • Investment in infrastructure upgrades
  • Increased demand for water and wastewater services due to population growth
  • Adoption of advanced water treatment technologies

Threats

  • Stricter environmental regulations
  • Water scarcity and drought conditions
  • Rising operating costs (energy, chemicals)
  • Competition from other water and wastewater providers
  • Economic downturns affecting customer demand

Competitors and Market Share

competitor logo Key Competitors

  • AWK
  • MSEX
  • WTRG

Competitive Landscape

Artesian's competitive advantage lies in its regional focus and established infrastructure. Compared to larger national players (AWK), it may have less geographic diversification but greater local market knowledge.

Major Acquisitions

Sipple Well and Pump Company

  • Year: 2021
  • Acquisition Price (USD millions): 3.2
  • Strategic Rationale: Expanded Artesian's service territory and customer base in Kent County, Delaware.

Growth Trajectory and Initiatives

Historical Growth: Artesian has demonstrated steady growth through organic expansion and acquisitions. Historical growth rates can be determined from past financial statements.

Future Projections: Future growth is projected to be driven by population growth in its service area, infrastructure investments, and potential acquisitions. Analyst estimates vary, but generally anticipate continued steady growth.

Recent Initiatives: Recent initiatives include infrastructure upgrades, expansion of service line protection plans, and exploration of new water treatment technologies.

Summary

Artesian Resources Corporation is a stable, dividend-paying utility company focused on water and wastewater services in Delaware and the surrounding region. It benefits from a regulated environment and essential service demand but faces challenges from capital intensity and environmental regulations. The company is positioned for continued growth through organic expansion and strategic acquisitions. Long term the company is growing and has a good sharehold return. The company needs to look out for climate conditions and regulation issues.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Artesian Resources Corporation Investor Relations
  • SEC Filings (10-K, 10-Q)
  • Company Press Releases
  • Industry Reports

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It is not financial advice, and readers should conduct their own due diligence before making any investment decisions. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Artesian Resources Corporation

Exchange NASDAQ
Headquaters Newark, DE, United States
IPO Launch date 1996-05-23
President, CEO, Senior VP of Investor Relations & Chair of Board Ms. Nicholle R. Taylor
Sector Utilities
Industry Utilities - Regulated Water
Full time employees 245
Full time employees 245

Artesian Resources Corporation provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2024, it served customers in Delaware, Maryland, and Pennsylvania through 1,491 miles of transmission and distribution mains. The company was founded in 1905 and is headquartered in Newark, Delaware.