Artesian Resources Corporation
ARTNAUtilitiesNASDAQUtilities - Regulated Water
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Daily timeframeArtesian Resources Corporation provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. At a $351.2M market cap, Artesian Resources Corporation ranks as a small-cap company within utilities. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection; and offers wastewater collection, treatment infrastructure, and wastewater services to customers.
Market Cap
$351.2M
Beta
0.33
P/E (TTM)
14.92
P/E (Fwd)
16.27
EPS (TTM)
$2.28
EPS (Fwd)
$2.09
ROE
9.4%
ROA
2.7%
Cash
$9.8M
Total Debt
$185.5M
Free CF
-$18.5M
52W Change
1.2%
Annual Financials
Cash vs Debt
Where ARTNA stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, ARTNA finished 0.27% below its 150-day moving average ($33.10) and 0.33% above its 200-day moving average ($32.90). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is ARTNA overbought or oversold?
At the October 20, 2026 close, ARTNA's RSI(14) was 45.4, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Artesian Resources Corporation carries $185.5M in total debt against $9.8M in cash reserves — debt is roughly 18.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$18.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 9.4% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $90.9M (2021) to $112.9M (2025), reflecting a 24% increase over the period.
With a beta below 0.7, Artesian Resources Corporation typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Artesian Resources Corporation carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ARTNA.