ARTNA

Hot Air

Artesian Resources Corporation · Utilities · United States · $352M cap · $887K/day traded

$33.09 -1.6% · close 11 Nov · scored 12 Nov

Score down 1.2 since 11 Nov.

Hot Air: Strong momentum and nothing else: weak business, rich price.

58
Score
Get score and insider alerts
Quality
48
Value
48
Momentum
58

As of 12 Nov 2026, the MoatMap Score for Artesian Resources Corporation (ARTNA) is 58/100, ranked against 25,000+ stocks in 38 markets (Quality 48, Value 48, Momentum 58, each scored against its sector).

Does the score work? Each tenth of the ranking, tracked monthly. See the record →

P/E (TTM)
15.0x
peers 20.5x
ROE
9.4%
peers 9.1%
D/E
0.7x
peers 1.5x
Dividend %
3.8%
trailing yield

ABOUT ARTESIAN RESOURCES CORPORATION

Read

Artesian Resources Corporation is a regulated public utility providing essential water, wastewater, and other related services to residential, commercial, and industrial customers across the Delmarva Peninsula. As a regional monopoly in its service areas, the company benefits from highly predictable, regulated revenue streams and significant barriers to entry for competitors. Its competitive advantage lies in its critical infrastructure, long-standing operational history, and indispensable role in public health and development.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM
Revenue98.9M98.9M108.0M112.9M4.5%116.9M
EPS1.901.671.982.215.2%2.29
Shares9.5M10.3M10.3M10.3M+8.2%9.4M
Debt198.3M181.1M179.1M182.6M-2.7%185.5M
Equity187.9M230.4M239.2M249.9M10.0%—
Op CF24.3M31.9M36.8M40.3M18.5%40.3M
Inv CF-54.8M-62.1M-45.3M-58.7M——
Fin CF31.7M31.4M7.1M17.3M——
PRICE (1Y) · USD+0.4%
33.033.333.734.034.41 Oct22 Oct11 Nov
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 11% below its 52-week high.

SwingsVery calm

Calmer than 92% of stocks we rank over the past year (volatility 19% a year).

How this is worked out

The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$33.09
RSI (14)
39.8
52-Week Range-10.5% from high
Low $29.89High $36.98

SCORE BREAKDOWN

Quality
48
ROIC
4.8%32.1
ROE
9.4%61.2
GP/Assets
6.8%36.3
Op. Margin
35.5%84.7
FCF/Assets
-2.8%24.0
Piotroski
657.6
Int. Cover
4.5x60.4
D/E Ratio
0.72x61.6
Current Ratio
1.01x43.2
Value
48
P/E (TTM)
15.0x57.6
EV/EBITDA
10.3x57.5
P/FCF
—N/A
P/B
1.4x50.8
P/S
3.0x29.4
Div Yield
3.8%63.4
Momentum
58
52W High %
89%71.8
RS 6M
1%63.9
SMA 50/200
1.03x77.5
EPS Rev 4W
0.0%55.6
EPS Rev 12W
0.0%58.6
EPS Improve
-9%17.5
Q Growth
5%49.4

FUNDAMENTALS

Market Cap
$352M
P/E (Forward)
16.5x
Gross Margin
49.3%

SECTOR PEERS

Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of ARTNA are excluded.

TickerCompanyMkt CapScore
ARTNAArtesian Resources Corporation(you)$352M58
PCYOPure Cycle Corporation$260M57
YORWThe York Water Company$479M46
MSEXMiddlesex Water Company$1.1B41
GWRSGlobal Water Resources, Inc.$228M24
AWRAmerican States Water Company$3.4B59
HTOH2O America$2.5B48
CWTCalifornia Water Service Group$3.0B43
WTRGEssential Utilities, Inc.$12.2B51
AWKAmerican Water Works Company, Inc.$28.4B54

Peer medians: ROE 9.1% · P/E 20.5x · Gross margin 45.3%

Company Deep Dive

A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.

Request Deep Dive(50 Feathers)

Artesian Resources Corporation (ARTNA): Stock Score Summary

Artesian Resources Corporation (ARTNA) has a MoatMap Score of 58/100 based on Quality (48/100), Value (48/100), and Momentum (58/100) factor scores.

Artesian Resources Corporation is a regulated public utility providing essential water, wastewater, and other related services to residential, commercial, and industrial customers across the Delmarva Peninsula. As a regional monopoly in its service areas, the company benefits from highly predictable, regulated revenue streams and significant barriers to entry for competitors. Its competitive advantage lies in its critical infrastructure, long-standing operational history, and indispensable role in public health and development.

Director dealings

From 2 Jan 2026 to 11 Nov 2026, MoatMap's records hold 13 sales and no purchases of Artesian Resources Corporation (ARTNA) shares by its directors. The largest: TAYLOR DIAN C sold 3,876 shares at $36.11 on 3 Sep 2026 (about $140K).

  • 17 Sep 2026: TAYLOR DIAN C sold 2,000 shares at $35.29 (about $71K)
  • 16 Sep 2026: TAYLOR DIAN C sold 2,000 shares at $35.05 (about $70K)
  • 3 Sep 2026: TAYLOR DIAN C sold 3,876 shares at $36.11 (about $140K)
  • 2 Sep 2026: TAYLOR DIAN C sold 1,124 shares at $36.00 (about $40K)
  • 31 Aug 2026: TAYLOR DIAN C sold 2,000 shares at $35.50 (about $71K)
ARTNA insider filings, last 180 days

Key Financial Metrics

Price$33.09
Market Cap$352M
P/E (TTM)15.02
P/E (Forward)16.45
Price/Book1.39
Return on Equity9.4%
Return on Invested Capital4.8%
Debt/Equity0.72x
Gross Margin49.3%
Operating Margin35.5%
Revenue Growth7.4%
Dividend Yield3.8%
Free Cash Flow$-24M

Artesian Resources Corporation operates in the Utilities - Regulated Water industry, part of the Utilities sector (United States).

Frequently Asked Questions

What is Artesian Resources Corporation’s (ARTNA) MoatMap Score?
The MoatMap Score for Artesian Resources Corporation (ARTNA) is 58/100. It is a composite of Quality (48), Value (48), and Momentum (58), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does Artesian Resources Corporation have an economic moat?
Artesian Resources Corporation (ARTNA) has a Quality factor score of 48/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is Artesian Resources Corporation in?
Artesian Resources Corporation (ARTNA) operates in the Utilities sector, specifically the Utilities - Regulated Water industry (United States).