NASDAQ:MSEX - Middlesex Water Stock Price, News, & Analysis

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$55.53 -0.32 (-0.57 %)
(As of 01/22/2019 03:31 AM ET)
Previous Close$55.85
Today's Range$55.47 - $56.2876
52-Week Range$34.00 - $60.31
Volume35,688 shs
Average Volume50,086 shs
Market Capitalization$910.60 million
P/E Ratio40.24
Dividend Yield1.73%
Beta0.46
Middlesex Water Company, together with its subsidiaries, owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment engages in collecting, treating, and distributing water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes 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. Middlesex Water Company was founded in 1897 and is headquartered in Iselin, New Jersey.

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Industry, Sector and Symbol

Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Current SymbolNASDAQ:MSEX
CUSIP59668010
Phone732-634-1500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$130.77 million
Cash Flow$2.3032 per share
Book Value$14.02 per share

Profitability

Net Income$22.80 million

Miscellaneous

Employees315
Market Cap$910.60 million
OptionableOptionable

Middlesex Water (NASDAQ:MSEX) Frequently Asked Questions

What is Middlesex Water's stock symbol?

Middlesex Water trades on the NASDAQ under the ticker symbol "MSEX."

How often does Middlesex Water pay dividends? What is the dividend yield for Middlesex Water?

Middlesex Water declared a quarterly dividend on Thursday, October 25th. Stockholders of record on Thursday, November 15th will be given a dividend of $0.24 per share on Monday, December 3rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Wednesday, November 14th. This is a boost from Middlesex Water's previous quarterly dividend of $0.22. View Middlesex Water's Dividend History.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) announced its quarterly earnings results on Friday, November, 2nd. The utilities provider reported $0.74 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.09. The utilities provider had revenue of $38.71 million for the quarter, compared to analyst estimates of $38 million. Middlesex Water had a net margin of 22.61% and a return on equity of 13.10%. View Middlesex Water's Earnings History.

When is Middlesex Water's next earnings date?

Middlesex Water is scheduled to release their next quarterly earnings announcement on Friday, March 8th 2019. View Earnings Estimates for Middlesex Water.

What price target have analysts set for MSEX?

1 Wall Street analysts have issued 12-month price targets for Middlesex Water's stock. Their predictions range from $53.00 to $53.00. On average, they anticipate Middlesex Water's share price to reach $53.00 in the next twelve months. This suggests that the stock has a possible downside of 4.6%. View Analyst Price Targets for Middlesex Water.

What is the consensus analysts' recommendation for Middlesex Water?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middlesex Water in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Middlesex Water.

Has Middlesex Water been receiving favorable news coverage?

News articles about MSEX stock have been trending very positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Middlesex Water earned a coverage optimism score of 3.2 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are some of Middlesex Water's key competitors?

Who are Middlesex Water's key executives?

Middlesex Water's management team includes the folowing people:
  • Mr. Dennis W. Doll CPA, Chairman, Pres & CEO (Age 60)
  • Mr. A. Bruce O'Connor CPA, VP, Treasurer & CFO (Age 60)
  • Mr. Richard M. Risoldi, VP of Operations & COO (Age 62)
  • Mr. Gerard L. Esposito, Pres of Tidewater Utilities Inc (Age 67)
  • Ms. Bernadette M. Sohler, VP of Corp. Affairs (Age 59)

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include North Star Investment Management Corp. (0.16%) and Mitchell Mcleod Pugh & Williams Inc. (0.06%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, Gerard L Esposito, Lorrie Beth Ginegaw, Richard M Risoldi 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 North Star Investment Management Corp. and Mitchell Mcleod Pugh & Williams Inc.. Company insiders that have sold Middlesex Water company stock in the last year include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, Lorrie Beth Ginegaw, Richard M Risoldi and Walter G Reinhard. View Insider Buying and Selling for Middlesex Water.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Middlesex Water's stock price today?

One share of MSEX stock can currently be purchased for approximately $55.53.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $910.60 million and generates $130.77 million in revenue each year. The utilities provider earns $22.80 million in net income (profit) each year or $1.38 on an earnings per share basis. Middlesex Water employs 315 workers across the globe.

What is Middlesex Water's official website?

The official website for Middlesex Water is http://www.middlesexwater.com.

How can I contact Middlesex Water?

Middlesex Water's mailing address is 1500 RONSON RD P O BOX 1500, ISELIN NJ, 08830. The utilities provider can be reached via phone at 732-634-1500 or via email at [email protected]


MarketBeat Community Rating for Middlesex Water (NASDAQ MSEX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  129 (Vote Outperform)
Underperform Votes:  129 (Vote Underperform)
Total Votes:  258
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.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

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