Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Middlesex Water Company (MSEX)
NASDAQ:MSEX
RESEARCH TOOLSreports
MSEX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$45.42 - $70.73
Previous CloseN/A
Volume21.06K
Average Volume (3M)103.37K
Market Cap
$919.90M
Enterprise Value$1.55B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)22.4
Beta0.71
Next Earnings
Feb 28, 2025EPS Estimate
0.37Last Dividend Ex-Date
Feb 18, 2025Dividend Yield2.55%
Share Statistics
EPS (TTM)2.30
Shares Outstanding17,855,200
10 Day Avg. Volume79,165
30 Day Avg. Volume103,371
Standard Deviation0.10
R-Squared0.22
Alpha-0.00851
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.02
Price to Cash Flow (P/CF)11.80
P/FCF Ratio131.50
Enterprise Value/Market Cap1.68
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit18.61
Enterprise Value/Ebitda18.20
Forecast
1Y Price Target
$56.00Price Target Upside10.41% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering1
---
Middlesex Water Company News
PremiumCompany Announcements
Middlesex Water Secures Executive Retention Amid Changes
PremiumCompany Announcements
Middlesex Water Reports Strong Q3 Earnings Growth
---
Bulls Say, Bears Say
Bulls Say
LeadershipZerhouni's track record is viewed positively, indicating confidence in his ability to lead as the new CFO.
Regulatory EnvironmentThe company's price target is based on a justified premium due to scarcity value and a favorable regulatory environment.
Subsidiary PerformanceMSEX's wholly owned Tidewater subsidiary increased its distribution system improvement charge (DSIC) which is expected to generate $1.6M annually.
Bears Say
Earnings VisibilityMSEX omitted the capital investment outlook from its 10-Q which may reduce visibility into earnings growth.
Earnings VolatilityRisks for the company include changes in state regulatory climate and weather-related earnings volatility.
Financial PerformanceQ2 results were lower than estimates with regulated capex spending of $14.4M missing the estimate of $18.5M.
---
Ownership Overview
1.69% Insiders
19.56% Mutual Funds
3.67% Other Institutional Investors
43.70% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
MSEX FAQ
What was Middlesex Water Company’s price range in the past 12 months?
Middlesex Water Company lowest stock price was $45.42 and its highest was $70.73 in the past 12 months.
What is Middlesex Water Company’s market cap?
Middlesex Water Company’s market cap is $919.90M.
When is Middlesex Water Company’s upcoming earnings report date?
Middlesex Water Company’s upcoming earnings report date is Feb 28, 2025 which is in 7 days.
How were Middlesex Water Company’s earnings last quarter?
Middlesex Water Company released its earnings results on Oct 31, 2024. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.11.
Is Middlesex Water Company overvalued?
According to Wall Street analysts Middlesex Water Company’s price is currently Undervalued.
Does Middlesex Water Company pay dividends?
Middlesex Water Company pays a Quarterly dividend of $0.34 which represents an annual dividend yield of 2.55%. See more information on Middlesex Water Company dividends here
What is Middlesex Water Company’s EPS estimate?
Middlesex Water Company’s EPS estimate is 0.37.
How many shares outstanding does Middlesex Water Company have?
Middlesex Water Company has 17,855,200 shares outstanding.
What happened to Middlesex Water Company’s price movement after its last earnings report?
Middlesex Water Company reported an EPS of $0.8 in its last earnings report, beating expectations of $0.69. Following the earnings report the stock price went up 6.682%.
Which hedge fund is a major shareholder of Middlesex Water Company?
Currently, no hedge funds are holding shares in MSEX
---
Middlesex Water Company Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$56.00 (10.41% Upside)
$56.00 (10.41% Upside)
Blogger Sentiment
Bullish
MSEX Sentiment 75%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $9.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.46%
12-Months-Change
Fundamentals
Return on Equity
9.55%
Trailing 12-Months
Asset Growth
-1.11%
Trailing 12-Months
Company Description
Middlesex Water Company
Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.
---
MSEX Stock 12 Month Forecast
Average Price Target
$56.00
▲(10.41% Upside)
Technical Analysis
American States Water
―
Essential Utilities
―
California Water Service
―
SJW
―
The York Water Company
―
Best Analysts Covering MSEX
1 Year
1 Year Success Rate
1/1 ratings generated profit
1 Year Average Return
+17.50%
initiated a sell rating 2 months ago
Copying Ross Fowler's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +17.50% per trade.
---