ARTESIAN RESOURCES CORP (ARTNA)
Utilities · Regional water and wastewater utility · NASDAQ
A regional water and wastewater utility serving the Delmarva Peninsula with regulated, recurring revenue and a focus on sustainable infrastructure growth.
What ARTESIAN RESOURCES CORP does
Artesian Resources Corporation is the holding company for seven wholly-owned subsidiaries providing water, wastewater, and related utility services across Delaware, Maryland, and Pennsylvania, primarily via its largest subsidiary Artesian Water Company. The company distributes and sells water for residential, commercial, industrial, municipal, and utility customers, offers wastewater services, and provides contract operations and service line protection plans. Water sales comprised 80.5% of 2025 consolidated operating revenues, with the company serving approximately 81,000 metered customers in its largest regional system in northern Delaware.
Themes: Water utility infrastructure, Wastewater management, Regulated utility services, Delmarva Peninsula regional expansion, Water quality and treatment
Fundamentals
- Price$35.43 as of 2026-08-26 close
- Market cap$275M as of 2026-08-26
- 1-year return+7.0% 2025-08-26 close $33.10 → 2026-08-26 close $35.43
- P/E15.58 as of 2026-08-27
- Net margin+25.2% as of 2026-08-27
- ROE+9.4% as of 2026-08-27
- Debt / equity0.74 as of 2026-08-27
- Revenue growth (YoY)+3.9% as of 2026-08-27
- Revenue CAGR (3y)+4.5% SEC XBRL
- Beta0.32 as of 2026-08-27
- Last reported earnings2026-08-07 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.7%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How ARTNA compares in its sector
- price-to-earnings ratiobottom 25% 67 covered Utilities peers, as of 2026-08-27
- net profit margintop 25% 71 covered Utilities peers, as of 2026-08-27
- operating margintop 10% 71 covered Utilities peers, as of 2026-08-27
- return on equitymiddle range 72 covered Utilities peers, as of 2026-08-27
- 3-year revenue CAGRmiddle range 70 covered Utilities peers
- indicated dividend yieldmiddle range 67 covered Utilities peers, as of 2026-08-27
- free cash flow (absolute dollars, latest fiscal year)middle range 57 covered Utilities peers, as of FY2025
Position among covered Utilities companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, ARTNA's dividend was covered by reported results (earnings payout 56%). This describes past coverage, not a forecast.
- Earnings payout56% dividends / net income
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ARTESIAN RESOURCES CORP looks technically
ARTESIAN RESOURCES CORP (ARTNA) is trading 7.9% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 35 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 31, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 57, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 3 trading days ago. It is 1.4% below its 52-week high (its highest price of the past year). Trading volume is unusually light — only about 48% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 7.9% above its 200-day average, the long-term trend line — a longer-term uptrend | +8.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $34.26 | $34.26 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $32.82 | $32.82 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 12 calendar days ago — the swings before that are what the structure reading is measured on | 12 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 35.86. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 35 trading days ago — a "golden cross", a bullish long-term signal | 35 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 31, with buyers in control | 31.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 57, neither overbought (above 70) nor oversold (below 30) | 57.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($33.81 to $35.95) — its "stochastic" reading is 76 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 75.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 12 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $35.95 | $35.95 |
|---|---|---|
| From the 52-week high | it is 1.4% below its 52-week high (its highest price of the past year) | -1.4% |
| Above the 52-week low | it is 16.1% above its 52-week low (its lowest price of the past year) | +16.1% |
| Below the 52-week high | it is 1.4% below its highest point of the past year | 1.4% |
| Since a 20-day breakout | it made a new 20-day high about 3 trading days ago | 3 sessions |
| Since a 55-day breakout | it made a new 55-day high about 3 trading days ago | 3 sessions |
| All-time high | its highest closing price on record is $63.00 (set on 2023-01-25) | $63.00 |
| Given back of the 52-week move | over the past year its closes ranged ($30.50 to $35.89), and it has given back only a small part of its rise from last year’s low — 9% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $32.39 to $32.56. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 8.6% |
| From the all-time high | it is 43.8% below its all-time high | -43.8% |
| Nearest price level | it is sitting right on a resistance level at $35.48 — a price it turned at four times since 2024-10-07, most recently on 2026-08-14. Since 2024-08-26 it has 6 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.2% |
| All-time low | its lowest closing price on record is $12.81 (set on 2009-03-09) | $12.81 |
| Above the all-time low | it is 176.5% above its all-time low | +176.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 73% of it) | 73rd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6895 between its high and its low — about 2.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6895 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $33.76 and $36.23 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $33.76 – $35.00 – $36.23 |
| Typical daily range (% of price) | its price moves about 2.0% in a typical session — among the calmest in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 1.9% |
| Stretch from the 200-day average | it is trading 3.8 daily ranges above its 200-day average price (8.0% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.8 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 48% of its 30-day average | 0.48× |
|---|
Candlestick patterns
2
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|---|---|
| Since a bullish engulfing | 2 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 2 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-26 1.0% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.0% |
|---|---|---|
| Open gap | it gapped 2.7% below the previous close 1 session ago and has not traded back through the level it left behind at 35.89 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.7% |
| Gap filled | a 2.3% gap up opened on 2026-06-11 has been "filled" 51 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 51 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -1.3% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 0.8 percentage points (the stock gained 2.8% while the market gained 3.7%) | -0.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 7.0 percentage points (the stock gained 9.1% while the market gained 2.1%) | +7.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 7.1 percentage points (the stock gained 4.0% while the market gained 11.1%) | -7.1% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 11.7 percentage points (the stock gained 7.0% while the market gained 18.7%) | -11.7% |
Signal agreement
2
| Bullish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: lagging the market over 6 months — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 5.2% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 2.1% of the share price. | +5.2% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 9% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $32.49 — a volume-weighted average of daily closes over 160 sessions, not a true tick-by-tick VWAP. | +9.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% above the average price paid since it last reported on 2026-05-06 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $33.48 — a volume-weighted average of daily closes over 75 sessions, not a true tick-by-tick VWAP. | +5.8% |
Price levels it has turned at before
ARTNA last closed at $35.42 on 2026-08-26. Since 2024-08-26 it has turned at 6 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $35.48 | Resistance | 0.2% above the last close | turned there four times · 2024-10-07 to 2026-08-14 |
| $34.53 | Support | 2.5% below the last close | turned there 11 times · 2025-03-10 to 2026-07-20 |
| $36.51 | Resistance | 3.1% above the last close | turned there three times · 2024-10-16 to 2025-05-01 |
| $33.52 | Support | 5.4% below the last close | turned there 12 times · 2024-11-15 to 2026-08-04 |
| $32.70 | Support | 7.7% below the last close | turned there 8 times · 2024-11-04 to 2026-05-12 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $35.86.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 1 trading day, since 2026-08-26.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Near the 52-week high · Broke out to a new 20-day high · in a strong, established uptrend (ADX) · lagging the market · Printed a doji candle | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Dependence on regulatory approval and rate-setting decisions by state public utility commissions for revenue growth and profitability","Infrastructure capital expenditure requirements (Q1 2026 capex of $13.1M) to maintain and expand water and wastewater systems","Water supply constraints and drought risk in service territories, which could limit capacity to serve new customers or existing demand"]
Insider activity (SEC Form 4)
0 open-market purchases and 3 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 3 sells ($210616) — 1 selling insider
- Last 90 days0 buys · 3 sells ($210616) — 1 selling insider
- Last 180 days0 buys · 6 sells ($365866) — 1 selling insider
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-20. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ARTNA's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding ARTNA as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 585,843
- Reported value $18,659,117
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
ARTNA had 91,570 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for ARTNA because the newest share count we hold predates that settlement by more than 180 days, and a buyback or issuance in between would move the base. The reported figures above are unaffected.
- Reported short interest (shares) 91,570
- Prior settlement (shares) 86,194
- Reported change 6.24%
- Days to cover (reported) 2.9
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- American Water Works (AWK)
- Essential Utilities (WTRG)
- California Water Service Group (CWT)
- Middlesex Water (MSEX)
- SJW Group (SJW)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does ARTESIAN RESOURCES CORP (ARTNA) do?
Artesian Resources Corporation is the holding company for seven wholly-owned subsidiaries providing water, wastewater, and related utility services across Delaware, Maryland, and Pennsylvania, primarily via its largest subsidiary Artesian Water Company. The company distributes and sells water for residential, commercial, industrial, municipal, and utility customers, offers wastewater services, and provides contract operations and service line protection plans.
What sector is ARTESIAN RESOURCES CORP (ARTNA) in?
ARTESIAN RESOURCES CORP (ARTNA) is classified in the Utilities sector. Its industry is Regional water and wastewater utility. It trades on NASDAQ.
Does ARTNA pay a dividend?
Yes — ARTESIAN RESOURCES CORP (ARTNA) pays a dividend, with an indicated yield of about 2.67% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-27). Informational only — not financial advice.
Who are ARTESIAN RESOURCES CORP's (ARTNA) competitors?
Notable peers of ARTESIAN RESOURCES CORP (ARTNA) include American Water Works, Essential Utilities, California Water Service Group, Middlesex Water and SJW Group. This peer set is informational only — not financial advice.
Is ARTESIAN RESOURCES CORP (ARTNA) overbought or oversold right now?
ARTESIAN RESOURCES CORP (ARTNA) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 57, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ARTNA come from?
Fundamentals and prices come from market data, as of 2026-08-27; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-27. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.