NASDAQ:MSEX Middlesex Water Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Middlesex Water Please log in to your account or sign up in order to add this asset to your watchlist. $85.98 +1.59 (+1.88%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$85.82▼$89.6650-Day Range$77.87▼$95.9552-Week Range$75.77▼$121.43Volume348,854 shsAverage Volume122,012 shsMarket Capitalization$1.51 billionP/E Ratio36.43Dividend Yield1.37%Price Target$99.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MSEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Middlesex Water and its competitors with MarketBeat's FREE daily newsletter. Email Address MSEX Stock Forecast (MarketRank)Overall MarketRank™2.96 out of 5 starsUtilities Sector9th out of 120 stocksWater Supply Industry1st out of 15 stocksAnalyst Opinion: 2.5Community Rank: 4.4Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 - 2.5 Analyst's Opinion Consensus RatingMiddlesex Water has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $99.00, Middlesex Water has a forecasted upside of 15.1% from its current price of $85.98.Amount of Analyst CoverageMiddlesex Water has only been the subject of 1 research reports in the past 90 days. Previous Next 4.4 Community Rank Outperform VotesMiddlesex Water has received 230 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMiddlesex Water has received 122 “underperform” votes. (Add your “underperform” vote.)Community SentimentMiddlesex Water has received 65.34% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Middlesex Water and other stocks. Vote “Outperform” if you believe MSEX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MSEX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend YieldMiddlesex Water pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMiddlesex Water has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Middlesex Water is 49.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Middlesex Water will have a dividend payout ratio of 40.70% next year. This indicates that Middlesex Water will be able to sustain or increase its dividend. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Middlesex Water insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,811.00 in company stock.Percentage Held by InsidersOnly 1.92% of the stock of Middlesex Water is held by insiders.Percentage Held by Institutions68.14% of the stock of Middlesex Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Middlesex Water are expected to grow by 7.55% in the coming year, from $2.65 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Middlesex Water is 36.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Middlesex Water is 36.43, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 17.04.Price to Book Value per Share RatioMiddlesex Water has a P/B Ratio of 4.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Middlesex Water (NASDAQ:MSEX)Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.Read More MSEX Stock News HeadlinesJune 24, 2022 | americanbankingnews.comMiddlesex Water (NASDAQ:MSEX) VP Lorrie Beth Ginegaw Sells 620 SharesJune 6, 2022 | finance.yahoo.comThere Are Reasons To Feel Uneasy About Middlesex Water's (NASDAQ:MSEX) Returns On CapitalJune 6, 2022 | finance.yahoo.comMiddlesex Water Begins Treating Ground Water for PFAS CompoundsMay 27, 2022 | finance.yahoo.comAmerican Water's (AWK) Pennsylvania Arm Invests in Sewer MainsMay 10, 2022 | finance.yahoo.comEssential (WTRG) Q1 Earnings and Revenues Surpass EstimatesMay 4, 2022 | finance.yahoo.comHere's Why I Think Middlesex Water (NASDAQ:MSEX) Is An Interesting StockMay 4, 2022 | finance.yahoo.comMiddlesex Water Company Takes Further Action to Protect Customers; Impleads 3M into Class Action LawsuitApril 29, 2022 | finance.yahoo.comMiddlesex Water Reports First Quarter 2022 EarningsApril 22, 2022 | finance.yahoo.comMiddlesex Water Declares Dividend, Announces Annual MeetingApril 22, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights Commercial Metals, Steel Dynamics, Atlas Technical Consultants, Middlesex Water and H&E EquipmentApril 21, 2022 | finance.yahoo.comTidewater Adopts Connection Control Regulations for Drinking Water SafetyApril 20, 2022 | finance.yahoo.comAmerican Water (AWK) Pennsylvania Arm Invests in Water MainsApril 14, 2022 | finance.yahoo.comWhat Type Of Shareholders Own The Most Number of Middlesex Water Company (NASDAQ:MSEX) Shares?See More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Water supply Sub-IndustryWater Utilities SectorUtilities Current SymbolNASDAQ:MSEX CUSIP59668010 CIK66004 Webwww.middlesexwater.com Phone(732) 634-1500Fax732-638-7515Employees347Year Founded1897Company Calendar Last Earnings4/29/2022Ex-Dividend for 6/1 Dividend5/12/2022Dividend Payable6/01/2022Today6/24/2022Next Earnings (Estimated)7/29/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$99.00 High Stock Price Forecast$99.00 Low Stock Price Forecast$99.00 Forecasted Upside/Downside+15.1%Consensus RatingBuy Rating Score (0-4)3 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.36 Trailing P/E Ratio36.43 Forward P/E Ratio32.45 P/E GrowthN/ANet Income$36.54 million Net Margins28.43% Pretax Margin25.58% Return on Equity11.41% Return on Assets4.10% Debt Debt-to-Equity Ratio0.81 Current Ratio0.55 Quick Ratio0.46 Sales & Book Value Annual Sales$143.14 million Price / Sales10.55 Cash Flow$3.80 per share Price / Cash Flow22.60 Book Value$21.02 per share Price / Book4.09Miscellaneous Outstanding Shares17,559,000Free Float17,222,000Market Cap$1.51 billion OptionableOptionable Beta0.58 Social Links Middlesex Water Frequently Asked Questions Should I buy or sell Middlesex Water stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Middlesex Water in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Middlesex Water stock. View analyst ratings for Middlesex Water or view top-rated stocks. What is Middlesex Water's stock price forecast for 2022? 1 brokers have issued 1 year price targets for Middlesex Water's shares. Their MSEX stock forecasts range from $99.00 to $99.00. On average, they anticipate Middlesex Water's stock price to reach $99.00 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price. View analysts' price targets for Middlesex Water or view top-rated stocks among Wall Street analysts. How has Middlesex Water's stock performed in 2022? Middlesex Water's stock was trading at $120.30 at the beginning of the year. Since then, MSEX stock has decreased by 28.5% and is now trading at $85.98. View the best growth stocks for 2022 here. When is Middlesex Water's next earnings date? Middlesex Water is scheduled to release its next quarterly earnings announcement on Friday, July 29th 2022. View our earnings forecast for Middlesex Water. How were Middlesex Water's earnings last quarter? Middlesex Water (NASDAQ:MSEX) released its quarterly earnings data on Friday, April, 29th. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.18. The utilities provider earned $36.20 million during the quarter, compared to analysts' expectations of $36 million. Middlesex Water had a net margin of 28.43% and a trailing twelve-month return on equity of 11.41%. View Middlesex Water's earnings history. How often does Middlesex Water pay dividends? What is the dividend yield for Middlesex Water? Middlesex Water announced a quarterly dividend on Friday, April 22nd. Shareholders of record on Friday, May 13th will be paid a dividend of $0.29 per share on Wednesday, June 1st. This represents a $1.16 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, May 12th. View Middlesex Water's dividend history. Is Middlesex Water a good dividend stock? Middlesex Water(NASDAQ:MSEX) pays an annual dividend of $1.16 per share and currently has a dividend yield of 1.37%. Middlesex Water has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Middlesex Water is 49.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Middlesex Water will have a dividend payout ratio of 40.70% next year. This indicates that Middlesex Water will be able to sustain or increase its dividend. View Middlesex Water's dividend history. Who are Middlesex Water's key executives? Middlesex Water's management team includes the following people: Mr. Dennis W. Doll CPA, Chairman, Pres & CEO (Age 63, Pay $716.33k) (LinkedIn Profile)Mr. A. Bruce O'Connor CPA, CPA, Sr. VP, Treasurer & CFO (Age 63, Pay $440.94k)Mr. Jay L. Kooper Esq., VP, Gen. Counsel & Sec. (Age 49, Pay $340.81k)Ms. Lorrie Beth Ginegaw, VP of HR (Age 47, Pay $252.13k)Mr. Robert K. Fullagar, VP of OperationsMs. Georgia M. Simpson, VP of Information Technology & CTO What is Dennis W. Doll's approval rating as Middlesex Water's CEO? 5 employees have rated Middlesex Water CEO Dennis W. Doll on Glassdoor.com. Dennis W. Doll has an approval rating of 82% among Middlesex Water's employees. Who are some of Middlesex Water's key competitors? Some companies that are related to Middlesex Water include American Water Works (AWK), American States Water (AWR), California Water Service Group (CWT), SJW Group (SJW), York Water (YORW), Artesian Resources (ARTNA), Consolidated Water (CWCO) and Cadiz (CDZI). View all of MSEX's competitors. What other stocks do shareholders of Middlesex Water own? Based on aggregate information from My MarketBeat watchlists, some companies that other Middlesex Water investors own include Pfizer (PFE), Realty Income (O), Southern (SO), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED), Gilead Sciences (GILD), Medtronic (MDT), Visa (V) and Enterprise Products Partners (EPD). What is Middlesex Water's stock symbol? Middlesex Water trades on the NASDAQ under the ticker symbol "MSEX." Who are Middlesex Water's major shareholders? Middlesex Water's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.58%), State Street Corp (9.10%), Vanguard Group Inc. (7.49%), Dimensional Fund Advisors LP (2.62%), Invesco Ltd. (2.26%) and First Manhattan Co. (1.27%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, G Christian Jr Andreasen, Georgia M Simpson, Kim C Hanemann, Lorrie Beth Ginegaw, Robert K Fullagar, Walter G Reinhard and Walter G Reinhard. View institutional ownership trends for Middlesex Water. Which institutional investors are selling Middlesex Water stock? MSEX stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Renaissance Technologies LLC, TD Asset Management Inc., Bank of America Corp DE, DeDora Capital Inc., First Trust Advisors LP, BlackRock Inc., and Skandinaviska Enskilda Banken AB publ . Company insiders that have sold Middlesex Water company stock in the last two years include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, G Christian Jr Andreasen, Kim C Hanemann, Lorrie Beth Ginegaw, Robert K Fullagar, and Walter G Reinhard. View insider buying and selling activity for Middlesex Water or view top insider-selling stocks. Which institutional investors are buying Middlesex Water stock? MSEX stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Eaton Vance Management, Invesco Ltd., Aaron Wealth Advisors LLC, Jane Street Group LLC, Goldman Sachs Group Inc., Vanguard Group Inc., and Hsbc Holdings PLC. View insider buying and selling activity for Middlesex Water or or view top insider-buying stocks. How do I buy shares of Middlesex Water? Shares of MSEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Middlesex Water's stock price today? One share of MSEX stock can currently be purchased for approximately $85.98. How much money does Middlesex Water make? Middlesex Water (NASDAQ:MSEX) has a market capitalization of $1.51 billion and generates $143.14 million in revenue each year. The utilities provider earns $36.54 million in net income (profit) each year or $2.36 on an earnings per share basis. How many employees does Middlesex Water have? Middlesex Water employs 347 workers across the globe. When was Middlesex Water founded? Middlesex Water was founded in 1897. How can I contact Middlesex Water? Middlesex Water's mailing address is 485C ROUTE 1 SOUTH, ISELIN NJ, 08830. The official website for Middlesex Water is www.middlesexwater.com. The utilities provider can be reached via phone at (732) 634-1500, via email at [email protected], or via fax at 732-638-7515. This page (NASDAQ:MSEX) was last updated on 6/25/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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