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

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

Middlesex Water declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.256 per share on Monday, December 2nd. This represents a $1.02 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Thursday, November 14th. This is an increase from Middlesex Water's previous quarterly dividend of $0.24. View Middlesex Water's Dividend History.

Middlesex Water (NASDAQ:MSEX) issued its quarterly earnings data on Friday, November, 1st. The utilities provider reported $0.66 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.72 by $0.06. The utilities provider earned $37.77 million during the quarter, compared to the consensus estimate of $39 million. Middlesex Water had a return on equity of 12.57% and a net margin of 24.23%. View Middlesex Water's Earnings History.

Middlesex Water is scheduled to release their next quarterly earnings announcement on Friday, March 13th 2020. View Earnings Estimates for Middlesex Water.

2 analysts have issued twelve-month price targets for Middlesex Water's stock. Their forecasts range from $66.00 to $69.00. On average, they expect Middlesex Water's share price to reach $67.50 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for Middlesex Water.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middlesex Water in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Middlesex Water.

News articles about MSEX stock have trended neutral recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Middlesex Water earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Middlesex Water.

Middlesex Water saw a increase in short interest in November. As of November 15th, there was short interest totalling 434,900 shares, an increase of 8.1% from the October 31st total of 402,400 shares. Based on an average daily volume of 62,800 shares, the short-interest ratio is currently 6.9 days. Approximately 2.7% of the company's stock are short sold. View Middlesex Water's Current Options Chain.

Some companies that are related to Middlesex Water include American Water Works (AWK), Aqua America (WTR), American States Water (AWR), California Water Service Group (CWT), SJW Group (SJW), Connecticut Water Service (CTWS), York Water (YORW), Artesian Resources (ARTNA), Cadiz (CDZI) and Consolidated Water (CWCO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Middlesex Water investors own include Realty Income (O), Southern (SO), AT&T (T), PepsiCo (PEP), Target (TGT), Cisco Systems (CSCO), Netflix (NFLX), Tractor Supply (TSCO), Albemarle (ALB) and American States Water (AWR).

Middlesex Water's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (2.07%), First Trust Advisors LP (1.09%), Gabelli Funds LLC (0.66%), California Public Employees Retirement System (0.60%), Oppenheimer & Co. Inc. (0.28%) and Stephens Inc. AR (0.18%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, Lorrie Beth Ginegaw, Richard M Risoldi, Robert K Fullagar and Walter G Reinhard. View Institutional Ownership Trends for Middlesex Water.

MSEX stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Mackay Shields LLC, Janney Montgomery Scott LLC, SG Americas Securities LLC, Barclays PLC, Squarepoint Ops LLC, Gabelli Funds LLC and NEXT Financial Group 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, Robert K Fullagar and Walter G Reinhard. View Insider Buying and Selling for Middlesex Water.

MSEX stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Price Capital Management Inc., California Public Employees Retirement System, State Street Corp, Hendershot Investments Inc., Campbell & CO Investment Adviser LLC, Sandy Spring Bank and Man Group plc. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of MSEX stock can currently be purchased for approximately $64.04.

Middlesex Water has a market capitalization of $1.12 billion and generates $138.08 million in revenue each year. The utilities provider earns $32.45 million in net income (profit) each year or $1.96 on an earnings per share basis. Middlesex Water employs 330 workers across the globe.View Additional Information About Middlesex Water.

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

Middlesex Water's mailing address is 485C Route One South, ISELIN NJ, 08830. The utilities provider can be reached via phone at 732-634-1500 or via email at [email protected]