Artesian Resources (ARTNA) vs Middlesex Water (MSEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Artesian Resources (ARTNA) has outperformed Middlesex Water (MSEX) over the past year, gaining 1.8% versus a loss of 5.5%. Over five years, ARTNA leads with a -14.4% price change compared with -49.3% for MSEX. Middlesex Water is the larger company by market cap ($1.01 billion vs $347.3 million), about 2.9 times the size.
On valuation, Artesian Resources trades at a lower forward P/E (16.1x vs 17.9x for Middlesex Water). Artesian Resources offers the higher dividend yield (3.73% vs 2.66%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARTNA | MSEX |
|---|---|---|
| Share price | $33.63 | $53.43 |
| Market cap | $347.30M | $1.01B |
| 1-day change | +0.27% | +0.66% |
| YTD return | +6.39% | +5.97% |
| 1-year return | +1.82% | -5.52% |
| 5-year return | -14.36% | -49.32% |
| P/E ratio (TTM) | 14.69 | 20.63 |
| Forward P/E | 16.09 | 17.87 |
| EPS (TTM) | $2.29 | $2.59 |
| Dividend yield | 3.73% | 2.66% |
| Annual dividend | $1.26 | $1.42 |
| Revenue (latest FY) | — | $194.69M |
| Revenue growth (YoY) | — | +1.47% |
| Net income (latest FY) | — | $42.82M |
| Operating margin | — | 27.93% |
| Net margin | — | 21.99% |
| 52-week high | $36.98 | $62.18 |
| 52-week low | $30.50 | $44.17 |
| Distance from 52-week high | -9.06% | -14.07% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +14.17% |
| Average volume | 30.53K | 134.96K |
| Shares outstanding | 9.45M | 18.84M |
| Employees | 272 | 395 |
| Sector | Utilities | Utilities |
| Industry | Water Supply | Water Supply |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Middlesex Water is about 2.9 times larger than Artesian Resources by market value ($1.01B vs $347.30M).
- Middlesex Water trades at a higher earnings multiple (20.6x vs 14.7x trailing P/E).
- Artesian Resources offers a meaningfully higher dividend yield (3.73% vs 2.66%).
About Artesian Resources
ARTNA stock →Artesian Resources Corporation provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. 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.
Utilities · Water Supply · 272 employees
About Middlesex Water
MSEX stock →Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated.
Utilities · Water Supply · 395 employees
ARTNA vs MSEX FAQ
Which is bigger, Artesian Resources or Middlesex Water?
Middlesex Water (MSEX) is larger, with a market capitalization of $1.01B compared with $347.30M for Artesian Resources (ARTNA).
Which stock has performed better over the past year, ARTNA or MSEX?
ARTNA returned +1.82% over the past 12 months, compared with -5.52% for MSEX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ARTNA or MSEX?
ARTNA has the lower trailing P/E at 14.7, versus 20.6 for MSEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Artesian Resources or Middlesex Water?
Artesian Resources has the higher yield at 3.73%, compared with 2.66% for Middlesex Water.
Are Artesian Resources and Middlesex Water in the same industry?
Yes. Both are classified in the Water Supply industry within the Utilities sector.