Middlesex Water Company Company Profile (NASDAQ:MSEX)

About Middlesex Water Company

Middlesex Water Company logoMiddlesex Water Company is a water utility company. The Company has two segments: regulated and non-regulated. The regulated business includes 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. Its segment also includes regulated wastewater systems in New Jersey and Delaware. The non-regulated business includes non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. Its subsidiaries include Tidewater Utilities, Inc. (Tidewater) and Tidewater Environmental Services, Inc. (TESI).

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Water Utilities
  • Sub-Industry: Water Utilities
  • Exchange: NASDAQ
  • Symbol: MSEX
  • CUSIP: 59668010
Key Metrics:
  • Previous Close: $36.95
  • 50 Day Moving Average: $37.93
  • 200 Day Moving Average: $37.39
  • 52-Week Range: $26.46 - $44.48
  • Trailing P/E Ratio: 25.22
  • Foreward P/E Ratio: 23.99
  • P/E Growth: 8.89
  • Market Cap: $601.88M
  • Outstanding Shares: 16,289,000
  • Beta: 0.41
Profitability:
  • Net Margins: 18.24%
  • Return on Equity: 11.39%
  • Return on Assets: 4.04%
Debt:
  • Debt-to-Equity Ratio: 0.60%
  • Current Ratio: 0.69%
  • Quick Ratio: 0.59%
Additional Links:
Companies Related to Middlesex Water Company:

Analyst Ratings

Consensus Ratings for Middlesex Water Company (NASDAQ:MSEX) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $39.00 (5.55% upside)

Analysts' Ratings History for Middlesex Water Company (NASDAQ:MSEX)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017Janney Montgomery ScottInitiated CoverageNeutral$39.00View Rating Details
3/2/2016Robert W. BairdDowngradeOutperform -> NeutralView Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Middlesex Water Company (NASDAQ:MSEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2016        
5/3/2016Q1$0.29$28.80 million$30.60 millionViewN/AView Earnings Details
3/4/2016Q4$0.28$30.90 millionViewN/AView Earnings Details
8/3/2015Q215$0.31$29.20 million$31.70 millionViewN/AView Earnings Details
5/1/2015Q115$0.22$27.20 million$28.80 millionViewN/AView Earnings Details
8/4/2014Q214$0.29$0.29$29.20 million$29.20 millionViewN/AView Earnings Details
5/2/2014Q114$0.16$0.20$27.04 million$27.17 millionViewN/AView Earnings Details
3/5/2014Q413$0.15$0.19$26.84 million$27.40 millionViewN/AView Earnings Details
8/2/2013Q2 2013$0.30$0.28ViewN/AView Earnings Details
5/6/2013Q113$0.20$23.55 million$27.04 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.18$0.17$25.32 million$27.08 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Middlesex Water Company (NASDAQ:MSEX)
Current Year EPS Consensus Estimate: $1.48 EPS
Next Year EPS Consensus Estimate: $1.54 EPS

Dividends

Current Dividend Information for Middlesex Water Company (NASDAQ:MSEX)
Annual Dividend:$0.85
Dividend Yield:2.30%
Payout Ratio:57.82% (Based on Trailing 12 Months of Earnings)
57.43% (Based on Current Year Consensus EPS Estimate)
55.19% (Based on Next Year Consensus EPS Estimate)

Dividend History for Middlesex Water Company (NASDAQ:MSEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/2/2017quarterly$0.212.29%2/9/20172/13/20173/1/2017
10/27/2016quarterly$0.212.32%11/8/201611/10/201612/1/2016
7/27/2016quarterly$0.201.92%8/10/20168/12/20169/1/2016
4/29/2016quarterly$0.202.17%5/11/20165/13/20166/1/2016
1/29/2016quarterly$0.202.74%2/10/20162/12/20163/1/2016
10/22/2015quarterly$0.203.05%11/9/201511/12/201512/1/2015
7/24/2015quarterly$0.193.46%8/12/20158/14/20159/1/2015
4/27/2015quarterly$0.193.33%5/13/20155/15/20156/1/2015
1/30/2015quarterly$0.193.52%2/11/20152/13/20153/2/2015
10/22/2014quarterly$0.193.67%11/12/201411/14/201412/1/2014
7/22/2014quarterly$0.193.66%8/13/20148/15/20149/2/2014
4/23/2014quarterly$0.193.68%5/13/20145/15/20146/2/2014
1/31/2014quarterly$0.193.84%2/12/20142/14/20143/3/2014
10/22/2013quarterly$0.193.6%11/13/201311/15/201312/2/2013
7/31/2013quarterly$0.193.44%8/13/20138/15/20139/3/2013
4/24/2013quarterly$0.193.92%5/13/20135/15/20136/3/2013
1/25/2013quarterly$0.193.84%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Middlesex Water Company (NASDAQ:MSEX)
Insider Ownership Percentage: 3.45%
Institutional Ownership Percentage: 45.12%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/11/2016A Bruce OconnorVPSell2,000$36.62$73,240.00View SEC Filing  
10/17/2016A Bruce OconnorVPSell1,350$33.88$45,738.00View SEC Filing  
10/7/2016Bernadette M SohlerVPSell400$33.29$13,316.00View SEC Filing  
4/12/2016Bernadette M SohlerVPSell500$33.26$16,630.00View SEC Filing  
4/6/2016A Bruce OconnorCFOSell1,100$31.16$34,276.00View SEC Filing  
3/29/2016A Bruce OconnorCFOSell1,326$31.32$41,530.32View SEC Filing  
3/29/2016Bernadette M SohlerVPSell400$31.65$12,660.00View SEC Filing  
3/23/2016Kim C HanemannDirectorBuy100$29.87$2,987.00View SEC Filing  
3/10/2016A Bruce OconnorCFOSell307$30.49$9,360.43View SEC Filing  
12/23/2015Bernadette M. SohlerVPSell900$27.55$24,795.00View SEC Filing  
9/23/2014Dennis W DollChairmanBuy1,000$19.95$19,950.00View SEC Filing  
12/17/2013Dennis DollCEOBuy1,000$20.25$20,250.00View SEC Filing  
12/13/2013Kenneth QuinnVPSell1,519$21.45$32,582.55View SEC Filing  
12/12/2013Jeffries SheinDirectorSell1,900$21.02$39,938.00View SEC Filing  
8/28/2013A Bruce OconnorCFOSell1,000$20.78$20,780.00View SEC Filing  
8/16/2013James Jr. CosgroveDirectorBuy1,230$20.37$25,055.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Middlesex Water Company (NASDAQ:MSEX)
DateHeadline
News IconInterested in Middlesex Water Company (MSEX)’s upcoming $0.21 dividend? You have 3 days left (NASDAQ:MSEX)
simplywall.st - February 5 at 6:27 PM
News IconPresident of Middlesex Waterny (NASDAQ:MSEX), Esposito Gerard L, sells 482 shares worth $20,017 (NASDAQ:MSEX)
empowerednews.net - February 4 at 12:24 AM
finance.yahoo.com logoMiddlesex Water Company Announces Quarterly Cash Dividend (NASDAQ:MSEX)
finance.yahoo.com - February 1 at 7:42 PM
capitalcube.com logoMiddlesex Water Co. – Value Analysis (NASDAQ:MSEX) : January 10, 2017 (NASDAQ:MSEX)
www.capitalcube.com - January 10 at 7:32 PM
capitalcube.com logoMiddlesex Water Co. : MSEX-US: Dividend Analysis : November 10th, 2016 (record date) : By the numbers : January 10, 2017 (NASDAQ:MSEX)
www.capitalcube.com - January 10 at 7:32 PM
capitalcube.com logoMiddlesex Water Co. breached its 50 day moving average in a Bearish Manner : MSEX-US : January 9, 2017 (NASDAQ:MSEX)
www.capitalcube.com - January 9 at 7:23 PM
seekingalpha.com logoAqua America: As Stable As They Come (NASDAQ:MSEX)
seekingalpha.com - December 23 at 12:01 AM
capitalcube.com logoETFs with exposure to Middlesex Water Co. : December 19, 2016 (NASDAQ:MSEX)
www.capitalcube.com - December 20 at 12:37 PM
insidermonkey.com logoIs Middlesex Water Company (MSEX) A Good Stock To Buy? (NASDAQ:MSEX)
www.insidermonkey.com - December 17 at 7:00 PM
seekingalpha.com logoApproach This Overvalued Dividend Champion With Caution (NASDAQ:MSEX)
seekingalpha.com - December 16 at 7:20 PM
seekingalpha.com logoAmerican Water Works Dividend Stock Analysis 2016 (NASDAQ:MSEX)
seekingalpha.com - November 21 at 11:34 AM
capitalcube.com logoMiddlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : November 8, 2016 (NASDAQ:MSEX)
www.capitalcube.com - November 8 at 9:30 AM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : November 4, 2016 (NASDAQ:MSEX)
www.capitalcube.com - November 4 at 5:42 PM
capitalcube.com logoMiddlesex Water Co. :MSEX-US: Earnings Analysis: Q3, 2016 By the Numbers : November 3, 2016 (NASDAQ:MSEX)
www.capitalcube.com - November 3 at 6:20 PM
nasdaq.com logoMiddlesex Water Company Announces Third Quarter 2016 Financial Results (NASDAQ:MSEX)
www.nasdaq.com - November 2 at 9:51 AM
sg.finance.yahoo.com logoMiddlesex Water posts 3Q profit (NASDAQ:MSEX)
sg.finance.yahoo.com - November 1 at 6:35 PM
4-traders.com logoMiddlesex Water Company (NASDAQ:MSEX) Files An 8-K Increases Dividend 6.29 Percent (NASDAQ:MSEX)
www.4-traders.com - October 28 at 6:02 PM
publicnow.com logoMiddlesex Water Company Increases Dividend 6.29 Percent (NASDAQ:MSEX)
www.publicnow.com - October 26 at 6:16 PM
feeds.reuters.com logoBRIEF-Middlesex Water Company increases dividend 6.29 percent (NASDAQ:MSEX)
feeds.reuters.com - October 26 at 12:46 PM
capitalcube.com logoMiddlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : October 25, 2016 (NASDAQ:MSEX)
www.capitalcube.com - October 25 at 11:25 AM
capitalcube.com logoMiddlesex Water Co. : MSEX-US: Dividend Analysis : August 12th, 2016 (record date) : By the numbers : October 17, 2016 (NASDAQ:MSEX)
www.capitalcube.com - October 17 at 6:08 PM
publicnow.com logoMiddlesex Water Announces $1 7 Million Water Main Relocation Project in Sayreville, NJ (NASDAQ:MSEX)
www.publicnow.com - October 11 at 6:31 PM
publicnow.com logoMiddlesex Water Company’s Treatment Plant in Edison, NJ Earns Honors from Partnership For Safe Water (NASDAQ:MSEX)
www.publicnow.com - September 30 at 6:22 PM
capitalcube.com logoMiddlesex Water Co. – Value Analysis (NASDAQ:MSEX) : September 28, 2016 (NASDAQ:MSEX)
www.capitalcube.com - September 28 at 11:14 AM
capitalcube.com logoMiddlesex Water Co. breached its 50 day moving average in a Bearish Manner : MSEX-US : September 27, 2016 (NASDAQ:MSEX)
www.capitalcube.com - September 27 at 10:50 AM
4-traders.com logoMiddlesex Water Company : CEO Dennis Doll to Serve as Panelist and Keynote Speaker on Water Infrastructure (NASDAQ:MSEX)
www.4-traders.com - September 24 at 10:41 AM
publicnow.com logoMiddlesex Water Company CEO Dennis Doll to Serve as Panelist and Keynote Speaker on Water Infrastructure (NASDAQ:MSEX)
www.publicnow.com - September 1 at 6:10 PM
finance.yahoo.com logoTidewater Utilities Makes List of Top Workplaces in Delaware for Seventh Time (NASDAQ:MSEX)
finance.yahoo.com - August 29 at 6:06 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : August 23, 2016 (NASDAQ:MSEX)
www.capitalcube.com - August 23 at 6:30 PM
capitalcube.com logoMiddlesex Water Co. :MSEX-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:MSEX)
www.capitalcube.com - August 10 at 6:44 PM
finance.yahoo.com logoMIDDLESEX WATER CO Financials (NASDAQ:MSEX)
finance.yahoo.com - August 9 at 6:32 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : August 5, 2016 (NASDAQ:MSEX)
www.capitalcube.com - August 5 at 6:29 PM
capitalcube.com logoMiddlesex Water Co. breached its 50 day moving average in a Bearish Manner : MSEX-US : August 4, 2016 (NASDAQ:MSEX)
www.capitalcube.com - August 4 at 9:26 AM
nasdaq.com logoMiddlesex Water Company Announces Second Quarter 2016 Financial Results (NASDAQ:MSEX)
www.nasdaq.com - August 2 at 6:37 PM
sg.finance.yahoo.com logoMiddlesex Water posts 2Q profit (NASDAQ:MSEX)
sg.finance.yahoo.com - August 2 at 6:37 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : July 21, 2016 (NASDAQ:MSEX)
www.capitalcube.com - July 21 at 2:16 PM
forbes.com logoTuesday Sector Leaders: Precious Metals, Water Utilities (NASDAQ:MSEX)
www.forbes.com - July 6 at 6:31 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : July 1, 2016 (NASDAQ:MSEX)
www.capitalcube.com - July 1 at 6:27 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : June 21, 2016 (NASDAQ:MSEX)
www.capitalcube.com - June 21 at 1:09 PM
finance.yahoo.com logoWater Delivery Infrastructure in Edison and South Amboy to Receive $12 Million Upgrade by Middlesex Water Company (NASDAQ:MSEX)
finance.yahoo.com - June 16 at 1:00 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : June 9, 2016 (NASDAQ:MSEX)
www.capitalcube.com - June 9 at 1:27 PM
capitalcube.com logoMiddlesex Water Co. :MSEX-US: Earnings Analysis: Q1, 2016 By the Numbers : June 7, 2016 (NASDAQ:MSEX)
www.capitalcube.com - June 7 at 11:50 AM
publicnow.com logoMiddlesex Water Company Drinking Water Quality Report Now Available (NASDAQ:MSEX)
www.publicnow.com - June 2 at 4:05 PM
4-traders.com logoMiddlesex Water : Tidewater Utilities, Inc. Selects Autism Delaware as 2016 Charity Tournament Beneficiary (NASDAQ:MSEX)
www.4-traders.com - May 27 at 12:11 PM
capitalcube.com logoETF’s with exposure to Middlesex Water Co. : May 27, 2016 (NASDAQ:MSEX)
www.capitalcube.com - May 26 at 8:00 PM
finance.yahoo.com logoTidewater Utilities, Inc. Selects Autism Delaware as 2016 Charity Tournament Beneficiary (NASDAQ:MSEX)
finance.yahoo.com - May 26 at 12:27 PM

Social

What is Middlesex Water Company's stock symbol?

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

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

Middlesex Water Company declared a quarterly dividend on Thursday, February 2nd. Shareholders of record on Monday, February 13th will be given a dividend of $0.2113 per share on Wednesday, March 1st. This represents a $0.85 annualized dividend and a yield of 2.29%. The ex-dividend date is Thursday, February 9th.

Where is Middlesex Water Company's stock going? Where will Middlesex Water Company's stock price be in 2017?

2 analysts have issued 12-month price objectives for Middlesex Water Company's stock. Their predictions range from $39.00 to $39.00. On average, they anticipate Middlesex Water Company's stock price to reach $39.00 in the next twelve months.

When will Middlesex Water Company announce their earnings?

Middlesex Water Company is scheduled to release their next quarterly earnings announcement on Tuesday, August, 2nd 2016.

Who owns Middlesex Water Company stock?

Middlesex Water Company's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.25%), Renaissance Technologies LLC (2.79%), State Street Corp (2.01%), Cortina Asset Management LLC (0.81%), Gabelli Funds LLC (0.71%) and AQR Capital Management LLC (0.51%). Company insiders that own Middlesex Water Company stock include A Bruce Oconnor, Bernadette M Sohler and Kim C Hanemann.

Who sold Middlesex Water Company stock? Who is selling Middlesex Water Company stock?

Middlesex Water Company's stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC, Gamco Investors INC. ET AL, GSA Capital Partners LLP, Ladenburg Thalmann Financial Services Inc. and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Middlesex Water Company stock in the last year include A Bruce Oconnor and Bernadette M Sohler.

Who bought Middlesex Water Company stock? Who is buying Middlesex Water Company stock?

Middlesex Water Company's stock was purchased by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Cutter & CO Brokerage Inc., Renaissance Technologies LLC, Numeric Investors LLC, Dimensional Fund Advisors LP, State Street Corp, AQR Capital Management LLC and Summit Global Investments.

How do I buy Middlesex Water Company stock?

Shares of Middlesex Water Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Middlesex Water Company stock cost?

One share of Middlesex Water Company stock can currently be purchased for approximately $36.95.

Middlesex Water Company (NASDAQ:MSEX) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Middlesex Water Company (NASDAQ:MSEX)

Earnings History Chart

Earnings by Quarter for Middlesex Water Company (NASDAQ:MSEX)

Dividend History Chart

Dividend Payments by Quarter for Middlesex Water Company (NASDAQ:MSEX)

Last Updated on 2/22/2017 by MarketBeat.com Staff