Artesian Resources Corporation Class A (ARTNA)

Artesian Resources Corp. stock has gained approximately 5% in the past six months. The company reported strong third-quarter 2025 financial results, exceeding analyst estimates for EPS and revenue. The Board of Directors approved a 2% increase in the quarterly dividend per share. ARTNA invested significantly in water and wastewater infrastructure and filed for a revenue increase with Delaware's Public Service Commission. Artesian Resources reported Q2 2025 results with increased operating revenue and net income.

Water and wastewater utilities typically experience some level of seasonality. Demand for water services can often increase during warmer months due to higher irrigation needs and outdoor water usage, while demand might be slightly lower during colder periods. Artesian's revenue streams are generally stable and predictable due to regulated rates and a consistent customer base.

Artesian Resources Corporation operates as a holding company, primarily focusing on water and wastewater services through its subsidiary, Artesian Water Company, Inc. It supplies potable water to various customers and offers wastewater collection, treatment, and management services. Additionally, it provides related business services such as contract operations, service line protection plans, and engineering and consulting services.

Artesian Resources Corporation's primary market area is the Delmarva Peninsula, providing services in Delaware, Maryland, and Pennsylvania. Its largest service area is in Delaware, where approximately 90% of its revenues are generated. As of December 31, 2024, it served customers through 1,491 miles of transmission and distribution mains and holds Certificates of Public Convenience and Necessity for exclusive water and wastewater service territories.

Information specifically detailing Artesian Resources Corp.'s brand reputation in the past year is limited in the provided search results. However, the company's reputation is generally tied to reliable service and community engagement. Artesian has a long history of providing water service since 1905 and has consistently increased its dividend for 32 consecutive years, suggesting financial stability and a commitment to shareholders. The company also actively participates in community initiatives, demonstrating a commitment to environmental stewardship and community involvement.

The ownership structure of Artesian Resources stock includes institutional investors owning approximately 30.35%, insiders owning 1.84%, and public companies and individual investors owning 67.81%.