Artesian Resources Approves New Equity Compensation Plan

Tip Ranks
2025.11.03 19:57
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Artesian Resources Corporation (ARTNA) has approved a new 2025 Equity Compensation Plan, replacing the 2015 Plan, allowing for the issuance of 263,932 shares of Class A non-voting common stock. The latest analyst rating for ARTNA is a Buy with a $36.00 price target. Spark's AI Analyst rates ARTNA as Outperform, citing strong revenue growth and healthy profit margins, though it notes challenges with negative free cash flow and mixed technical indicators. Artesian operates in the utilities sector, focusing on water and wastewater services, with a current market cap of $333.4M.

Artesian Resources ( (ARTNA) ) just unveiled an update.

On October 30, 2025, Artesian Resources Corporation’s Class B stockholders approved the 2025 Equity Compensation Plan, replacing the expiring 2015 Plan. The new plan, effective immediately, allows for the issuance of 263,932 shares of Class A non-voting common stock and includes various forms of stock-based awards, enhancing the company’s compensation strategy.

The most recent analyst rating on (ARTNA) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on Artesian Resources stock, see the ARTNA Stock Forecast page.

Spark’s Take on ARTNA Stock

According to Spark, TipRanks’ AI Analyst, ARTNA is a Outperform.

Artesian Resources scores well due to its solid financial performance and reasonable valuation. The company’s strong revenue growth and healthy profit margins are significant strengths. However, technical indicators are mixed, and negative free cash flow poses a challenge. The absence of earnings call data and corporate events limits the analysis to financial and technical factors.

To see Spark’s full report on ARTNA stock, click here.

More about Artesian Resources

Artesian Resources Corporation operates in the utilities industry, primarily focusing on providing water, wastewater, and related services. The company serves residential, commercial, and industrial customers, with a market focus on sustainable and efficient resource management.

Average Trading Volume: 27,511

Technical Sentiment Signal: Strong Sell

Current Market Cap: $333.4M