ARTNA
Artesian ResourcesDDocument history
Earnings documents stored for ARTNA.
Investor releaseQuarter not tagged2026-05-06Artesian Announces 2% Increase in Quarterly Common Stock Dividend
GlobeNewswire
Artesian Announces 2% Increase in Quarterly Common Stock Dividend
NEWARK, Del., May 05, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly dividend per share on the company’s Class A and Class B Common Stock, raising the annualized dividend to $1.2796 per share. The quarterly dividend rate of $0.3199 per share is payable May 29, 2026 to shareholders of record at the close of business on May 15, 2026. “Artesian continues to execute our strategic growth plan and to strengthen operational efficiency. We remain committed to delivering shareholder value while providing customers with high-quality, affordable water and environmentally responsible wastewater services,” said Nicki Taylor, Chair, President and CEO. This is Artesian’s 134th consecutive quarterly dividend paid to shareholders. About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 9.7 billion gallons of water per year through 1,515 miles of water main to over a third of Delawareans. Contact: Virginia Eisenbrey (302) 453-6900 [email protected]
Investor releaseQuarter not tagged2026-05-06Artesian Resources Corporation Reports First Quarter 2026 Results
GlobeNewswire
Artesian Resources Corporation Reports First Quarter 2026 Results
NEWARK, Del., May 05, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and several other related business services, today announced earnings results for the first quarter of 2026. First Quarter Results Diluted net income per share increased 7.5% to $0.57, compared to $0.53 for the same period in 2025. Net income for the three months ended March 31, 2026 was $5.9 million, a $0.5 million, or 9.2%, increase compared to net income recorded during the three months ended March 31, 2025. Revenues totaled $27.8 million for the three months ended March 31, 2026, $1.9 million, or 7.3%, more than revenues for the three months ended March 31, 2025. Water sales revenue increased $1.5 million, or 7.3%, primarily the result of temporary rate increases as permitted under Delaware law, until permanent rates are determined by the Delaware Public Service Commission, or DEPSC, and an increase in the number of customers served. Other utility operating revenue increased approximately $0.2 million, or 6.2%, primarily due to an increase in revenue related to industrial wastewater services and an increase in wastewater revenue associated with additional residential and commercial customers. Non-utility operating revenue increased approximately $0.2 million, or 9.5%, primarily due to an increase in Service Line Protection Plan, or SLP Plan, revenue, primarily the result of an increase in the number of customers participating in the SLP Plans and an increase in fees that were placed into effect on January 1, 2026. Operating expenses, excluding depreciation and income taxes, increased $0.9 million, or 5.7%. Utility operating expenses increased $0.8 million, or 6.7%, primarily the result of increased costs associated with payroll and employee benefit costs, supply and treatment costs and transmission, distribution and collection systems cost, partially offset by a decrease in administrative costs. Federal and state income tax expense increased $0.2 million, or 11.2%, primarily due to higher pre-tax book income. Other income decreased $0.2 million, primarily due to a decrease in patronage refunds on the company’s lines of credit and loan volume and a decrease in allowance for funds used during construction, or AFUDC, as a result of lower long-term construction activity subject to AFUDC....
Investor releaseQuarter not tagged2026-05-06Artesian Resources: Q1 Earnings Snapshot
Associated Press
Artesian Resources: Q1 Earnings Snapshot
NEWARK, Del. (AP) — NEWARK, Del. (AP) — Artesian Resources Corp. (ARTNA) on Tuesday reported first-quarter profit of $5.9 million. The Newark, Delaware-based company said it had profit of 57 cents per share. The water resource management company posted revenue of $27.8 million in the period. Artesian Resources shares have declined almost 1% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $31.41, a fall of slightly more than 8% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA
Investor releaseQuarter not tagged2026-03-13Artesian Resources Corporation Reports 2025 Year-End Earnings and Fourth Quarter Results
GlobeNewswire
Artesian Resources Corporation Reports 2025 Year-End Earnings and Fourth Quarter Results
NEWARK, Del., March 12, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and several other related business services, today announced earnings results for the fourth quarter and year ended December 31, 2025. Diluted net income per share increased 11.6% to $2.21 in 2025 Net income increased $2.4 million in 2025 Invested $58.8 million in 2025 in water and wastewater infrastructure Year-End Results Net income for the year ended December 31, 2025 was $22.8 million, a $2.4 million, or 11.9%, increase compared to net income recorded during the year ended December 31, 2024. Diluted net income per share increased 11.6% to $2.21, compared to $1.98 for the same period in 2024. Revenues totaled $112.9 million for the twelve months ended December 31, 2025, $5.0 million, or 4.6%, more than revenues for the twelve months ended December 31, 2024. Water sales revenue increased $2.8 million, or 3.2%, primarily as the result of two temporary rate increases as permitted under Delaware law until permanent rates are determined by the Delaware Public Service Commission, or DEPSC, as well as an increase in the number of customers served and DSIC revenue. Other utility operating revenue increased approximately $1.5 million, or 11.2%, primarily due to an increase in wastewater revenue associated with customer growth. Non-utility operating revenue increased approximately $0.7 million, or 10.2%, primarily due to an increase in Service Line Protection Plan, or SLP Plan, revenue, primarily as the result of an increase in fees that was placed into effect on December 1, 2024 and an increase in the number of customers participating in the plans. Operating expenses, excluding depreciation and income taxes, increased $2.7 million, or 4.4%. Utility operating expenses increased $2.6 million, which increase consists of a $0.9 million increase in payroll and employee benefit costs, a $0.8 million increase in administrative costs, a $0.4 million increase in purchased power costs, a $0.4 million increase in supply and treatment costs, and a $0.3 million increase in transmission, distribution and collection system costs, partially offset by a $0.1 million decrease in purchased water costs. Depreciation and amortization expense increased $0.2 million, or 1.3%, primarily due to additional depreciati...
Investor releaseQuarter not tagged2026-03-13Artesian Resources: Q4 Earnings Snapshot
Associated Press Finance
Artesian Resources: Q4 Earnings Snapshot
NEWARK, Del. (AP) — NEWARK, Del. (AP) — Artesian Resources Corp. (ARTNA) on Thursday reported fourth-quarter net income of $4.1 million. On a per-share basis, the Newark, Delaware-based company said it had profit of 40 cents. The water resource management company posted revenue of $28 million in the period. For the year, the company reported profit of $22.8 million, or $2.21 per share. Revenue was reported as $112.9 million. Artesian Resources shares have climbed 2.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $32.39, an increase of nearly 2% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA
Investor releaseQuarter not tagged2026-02-03Artesian Resources Corporation Declares First Quarter 2026 Common Stock Dividend
GlobeNewswire
Artesian Resources Corporation Declares First Quarter 2026 Common Stock Dividend
NEWARK, Del., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) today announced that its Board of Directors has declared a regular quarterly dividend on the company’s Class A and Class B common stock. The dividend of $0.3136 per share will be payable on February 25, 2026, to shareholders of record as of the close of business on February 13, 2026, representing an annualized dividend rate of $1.2544. This is Artesian’s 133rd consecutive quarterly dividend paid to shareholders. About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 9.5 billion gallons of water per year through 1,491 miles of water main to over a third of Delawareans. Contact: Virginia Eisenbrey Communications (302) 453-6900 [email protected]
Investor releaseQuarter not tagged2025-11-03Artesian Resources (ARTNA) Earnings Growth Beats Long-Term Trend, Reinforcing Quality-Focused Investor Narrative
Simply Wall St.
Artesian Resources (ARTNA) Earnings Growth Beats Long-Term Trend, Reinforcing Quality-Focused Investor Narrative
Artesian Resources (ARTNA) reported EPS growth of 12.5% year-over-year, outpacing its five-year annual average of 5.3%. Net profit margin also climbed to 20.2% from 19% a year earlier, underscoring improved profitability. With a price-to-earnings ratio of 14.7x, currently below industry and peer averages, and no major risks flagged, investors are likely to view these results as a sign of sustained quality and value in the company’s performance. See our full analysis for Artesian Resources. Next, we will examine how these figures compare to the dominant narratives in the community and assess whether the numbers are shifting opinions or reinforcing long-held beliefs. Curious how numbers become stories that shape markets? Explore Community Narratives Profit margin improved to 20.2% this year, rising from 19% last year. This signals enhanced cost management and profitability that stands out against typical levels in the sector. Prevailing market analysis frames Artesian’s margin strength as reinforcing its status as a stable, defensive water utility. Steady net margins, paired with high-quality earnings, support the view that income-focused investors value Artesian for reliability rather than high growth. Most market commentary emphasizes the consistency of margins as a positive for those seeking low-volatility, income-generating stocks. While Artesian’s revenue is forecast to grow at 3.9% annually, the broader US market projects a much faster pace of 10.4% per year. This highlights slower topline momentum in comparison to national trends. Under the prevailing market view, Artesian is often cast as a steady performer whose moderate growth pace is an intentional tradeoff. Retail investors and market analysis note the appeal is the business model’s predictability rather than rapid gains, accepting slower growth as the price for stability. This measured outlook echoes across community sentiment where growth is less a concern than the ongoing ability to offer stable dividends and regulated returns. At a price-to-earnings ratio of 14.7x, Artesian trades below the global water utility average of 16.7x and well beneath peer levels of 30.9x. Its current share price of $32.23 is just under the DCF fair value of $33.27. The prevailing narrative points to this valuation gap as a key reward for defensive investors. Analysts and market observers highlight that a discount to...
Investor releaseQuarter not tagged2025-10-31Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
GlobeNewswire
Artesian Resources Corporation Announces Second 2% Increase This Year in Quarterly Common Stock Dividend
NEWARK, Del., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2% increase in the quarterly common stock dividend, which will mark a 4% increase for the year. This increase will raise the quarterly dividend to $0.3136 per share on the company’s Class A and Class B Common Stock payable November 24, 2025 to shareholders of record at the close of business on November 14, 2025, lifting the annualized dividend rate to $ 1.2544 per share. “Artesian continues to execute our strategic growth plan for wastewater and water services, expanding our customer base in a manner that strengthens operational efficiency and supports sustainable growth,” said Nicki Taylor, Chair, President and CEO. “Looking ahead, we remain focused on operational excellence, regulatory compliance and strong financial management. This approach supports the long-term interests of our customers and reinforces the continued strength and stability of our company for our shareholders.” This is Artesian’s 132nd consecutive quarterly dividend paid to shareholders. About Artesian Resources Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related business services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 9.5 billion gallons of water per year through 1,491 miles of water main to over a third of Delawareans. Contact: Virginia Eisenbrey Communications (302) 453-6900 [email protected]
Investor releaseQuarter not tagged2025-10-31Artesian Resources (ARTNA) Surpasses Q3 Earnings and Revenue Estimates
Zacks
Artesian Resources (ARTNA) Surpasses Q3 Earnings and Revenue Estimates
Artesian Resources (ARTNA) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.03%. A quarter ago, it was expected that this water resource management company would post earnings of $0.56 per share when it actually produced earnings of $0.61, delivering a surprise of +8.93%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Artesian Resources, which belongs to the Zacks Utility - Water Supply industry, posted revenues of $30.49 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.64%. This compares to year-ago revenues of $29.14 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Artesian Resources shares have added about 2.7% since the beginning of the year versus the S&P 500's gain of 17.2%. While Artesian Resources has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Artesian Resources was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future....
Investor releaseQuarter not tagged2025-10-31Artesian Resources: Q3 Earnings Snapshot
Associated Press Finance
Artesian Resources: Q3 Earnings Snapshot
NEWARK, Del. (AP) — NEWARK, Del. (AP) — Artesian Resources Corp. (ARTNA) on Thursday reported third-quarter earnings of $7 million. The Newark, Delaware-based company said it had profit of 68 cents per share. The water resource management company posted revenue of $30.5 million in the period. Artesian Resources shares have increased 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $32.31, a decline of roughly 4% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA
Investor releaseQuarter not tagged2025-10-31Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2025 Results
GlobeNewswire
Artesian Resources Corporation Reports Third Quarter and Year-To-Date 2025 Results
NEWARK, Del., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced third quarter and year-to-date results for 2025. Diluted net income per share increased to $0.68 in the third quarter and $1.81 year-to-date Net income increased $0.1 million (2.2%) in the third quarter and $2.1 million (12.9%) year-to-date Invested $40.5 million year-to-date in water and wastewater infrastructure Third Quarter Results Net income for the three months ended September 30, 2025 was $7.0 million, a $0.1 million, or 2.2%, increase compared to net income for the three months ended September 30, 2024. Diluted net income per share increased 3.0% to $0.68, compared to $0.66 for the same period in 2024. Revenues totaled $30.5 million for the three months ended September 30, 2025, $1.3 million, or 4.6%, more than revenues for the three months ended September 30, 2024. Water sales revenue increased $0.7 million, or 3.1%, primarily the result of a temporary rate increase placed into effect on June 3, 2025, as permitted under Delaware law, until permanent rates are determined by the Delaware Public Service Commission, or DEPSC, as well as an increase in the number of customers served, partially offset by a slight decrease in consumption. Other utility operating revenue increased approximately $0.4 million, or 12.6%, primarily due to an increase in wastewater revenue associated with additional customers served. Non-utility operating revenue increased approximately $0.2 million, or 10.8%, primarily due to an increase in Service Line Protection Plan, or SLP Plan, revenue, resulting from an increase in rates placed into effect on December 1, 2024. Operating expenses, excluding depreciation and income taxes, increased $1.0 million, or 6.7%, for the three months ended September 30, 2025, compared to the same period in 2024. Utility operating expenses increased $1.3 million, or 10.8%. The increase in utility operating expenses consists of a $0.7 million increase in payroll and employee benefit costs, a $0.4 million increase in supply and treatment costs, a $0.2 million increase in administrative costs, and a $0.1 million increase in transmission, distribution and collection system costs. The increase in utility operating expen...
Investor releaseQuarter not tagged2025-08-06Artesian Resources Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Simply Wall St.
Artesian Resources Second Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Explore Artesian Resources's Fair Values from the Community and select yours Revenue: US$28.5m (up 4.1% from 2Q 2024). Net income: US$6.29m (up 18% from 2Q 2024). Profit margin: 22% (up from 19% in 2Q 2024). EPS: US$0.61 (up from US$0.52 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 8.9%. Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Water Utilities industry in the US. Performance of the American Water Utilities industry. The company's shares are up 2.1% from a week ago. You should always think about risks. Case in point, we've spotted 2 warning signs for Artesian Resources you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

