NASDAQ:MSEX Middlesex Water (MSEX) Stock Price, News & Analysis $66.08 +0.86 (+1.32%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$65.10▼$66.8350-Day Range$49.42▼$66.0852-Week Range$45.42▼$83.12Volume140,142 shsAverage Volume156,032 shsMarket Capitalization$1.18 billionP/E Ratio32.71Dividend Yield1.97%Price Target$58.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Middlesex Water alerts: Email Address Middlesex Water MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.2% Downside$58.00 Price TargetShort InterestHealthy3.03% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 4 Articles This WeekInsider TradingSelling Shares$48,986 Sold Last QuarterProj. Earnings Growth5.26%From $2.28 to $2.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.31 out of 5 starsUtilities Sector56th out of 90 stocksWater Supply Industry9th out of 12 stocks 1.5 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.Amount of Analyst CoverageMiddlesex Water has only been the subject of 1 research reports in the past 90 days.Read more about Middlesex Water's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.03% of the float of Middlesex Water has been sold short.Short Interest Ratio / Days to CoverMiddlesex Water has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Middlesex Water has recently increased by 6.97%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldMiddlesex Water pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMiddlesex Water has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Middlesex Water is 64.36%. 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 54.17% next year. This indicates that Middlesex Water will be able to sustain or increase its dividend.Read more about Middlesex Water's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MSEX. Previous Next 3.7 News and Social Media Coverage News SentimentMiddlesex Water has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Middlesex Water this week, compared to 1 article on an average week.Search Interest7 people have searched for MSEX on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat Follows2 people have added Middlesex Water to their MarketBeat watchlist in the last 30 days. 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 $48,986.00 in company stock.Percentage Held by InsidersOnly 1.86% of the stock of Middlesex Water is held by insiders.Percentage Held by Institutions79.52% of the stock of Middlesex Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Middlesex Water's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Middlesex Water are expected to grow by 5.26% in the coming year, from $2.28 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Middlesex Water is 32.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Middlesex Water is 32.71, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.53.Price to Book Value per Share RatioMiddlesex Water has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Middlesex Water's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monument Traders AllianceNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...Click here to see how >>> About Middlesex Water Stock (NASDAQ:MSEX)Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in Regulated and Non-Regulated segments. 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. Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey.Read More MSEX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MSEX Stock News HeadlinesJuly 24 at 4:25 PM | globenewswire.comMiddlesex Water Company Declares Quarterly Cash DividendJune 22, 2024 | investorplace.com7 Water Stocks to Buy Now: June 2024July 26, 2024 | Weiss Ratings (Ad)The next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.June 12, 2024 | investorplace.comThe 3 Best Water Stocks to Buy in June 2024June 10, 2024 | globenewswire.comMiddlesex Water Company Names New Chief Financial OfficerJune 6, 2024 | globenewswire.comMiddlesex Water Company Unveils $9.7 Million Initiative to Enhance Water Infrastructure in WoodbridgeMay 30, 2024 | globenewswire.comMiddlesex Water Chairman, Dennis Doll, Honored with NJUA Distinguished Service AwardMay 22, 2024 | globenewswire.comMiddlesex Water Holds Annual Shareholders MeetingJuly 26, 2024 | Weiss Ratings (Ad)The next companies to potentially benefit thanks to Nvidia are …Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.May 9, 2024 | investorplace.comMSEX Stock Earnings: Middlesex Water Beats EPS, Misses Revenue for Q1 2024May 8, 2024 | sfgate.comMiddlesex Water: Q1 Earnings SnapshotMay 8, 2024 | globenewswire.comMiddlesex Water Announces First Quarter 2024 ResultsApril 25, 2024 | globenewswire.comMiddlesex Water Company Declares Quarterly Cash DividendApril 15, 2024 | globenewswire.comTidewater Utilities Announces Strategy for Compliance With New EPA PFAS RegulationApril 11, 2024 | globenewswire.comMiddlesex Water Has Implemented Its Strategy for Compliance With New More Stringent Federal Regulations for PFASMarch 26, 2024 | finance.yahoo.comJay L. Kooper, Middlesex Water Company’s General Counsel, Named a Leader in Law by NJBIZMarch 25, 2024 | globenewswire.comJay L. Kooper, Middlesex Water Company's General Counsel, Named a Leader in Law by NJBIZMarch 11, 2024 | markets.businessinsider.comOver $1M Bet On EchoStar? Check Out These 3 Stocks Insiders Are BuyingSee More Headlines 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 Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/3 Dividend5/14/2024Dividend Payable6/03/2024Today7/26/2024Next Earnings (Estimated)7/26/2024Ex-Dividend for 9/3 Dividend8/15/2024Dividend Payable9/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorUtilities Industry Water supply Sub-IndustryWater Utilities Current SymbolNASDAQ:MSEX CUSIP59668010 CIK66004 Webwww.middlesexwater.com Phone(732) 634-1500Fax732-638-7515Employees355Year Founded1897Price Target and Rating Average Stock Price Target$58.00 High Stock Price Target$58.00 Low Stock Price Target$58.00 Potential Upside/Downside-12.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio32.68 Forward P/E Ratio28.95 P/E GrowthN/ANet Income$31.52 million Net Margins21.55% Pretax Margin22.49% Return on Equity8.64% Return on Assets2.99% Debt Debt-to-Equity Ratio0.83 Current Ratio0.95 Quick Ratio0.89 Sales & Book Value Annual Sales$166.27 million Price / Sales7.08 Cash Flow$3.50 per share Price / Cash Flow18.87 Book Value$23.75 per share Price / Book2.78Miscellaneous Outstanding Shares17,830,000Free Float17,497,000Market Cap$1.18 billion OptionableOptionable Beta0.80 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. A. Bruce O'Connor CPA (Age 65)Senior VP, Treasurer & CFO Comp: $686.49kMr. Robert K. Fullagar (Age 57)Vice President of Operations Comp: $314.74kMs. Georgia M. Simpson (Age 50)VP of Information Technology & CTO Comp: $325.56kMr. Jay L. Kooper Esq. (Age 51)VP, General Counsel & Secretary Comp: $399.69kMs. Nadine M. Duchemin-Leslie (Age 61)President, CEO & Director Mr. Robert J. Capko (Age 50)Corporate Controller & Principal Accounting Officer Ms. Lorrie Beth Ginegaw (Age 49)Vice President of Human Resources Comp: $252.13kMr. Bruce E. Patrick P.E. (Age 55)President of Tidewater Utilities, Inc. More ExecutivesKey CompetitorsAquaVentureNYSE:WAASCalifornia Water Service GroupNYSE:CWTAmerican States WaterNYSE:AWRSJW GroupNYSE:SJWYork WaterNASDAQ:YORWView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 24,400 shares on 7/26/2024Ownership: 1.229%Louisiana State Employees Retirement SystemBought 200 shares on 7/24/2024Ownership: 0.050%TSP Capital Management Group LLCSold 2,997 shares on 7/23/2024Ownership: 0.615%Assenagon Asset Management S.A.Sold 43,852 shares on 7/18/2024Ownership: 0.222%SG Americas Securities LLCSold 30,175 shares on 7/12/2024Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions MSEX Stock Analysis - Frequently Asked Questions How have MSEX shares performed this year? Middlesex Water's stock was trading at $65.62 at the beginning of the year. Since then, MSEX stock has increased by 0.7% and is now trading at $66.08. View the best growth stocks for 2024 here. How were Middlesex Water's earnings last quarter? Middlesex Water (NASDAQ:MSEX) announced its quarterly earnings results on Wednesday, May, 8th. The utilities provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.45 by $0.14. The utilities provider had revenue of $40.52 million for the quarter, compared to analyst estimates of $42 million. Middlesex Water had a trailing twelve-month return on equity of 8.64% and a net margin of 21.55%. What is Dennis W. Doll's approval rating as Middlesex Water's CEO? 5 employees have rated Middlesex Water Chief Executive Officer Dennis W. Doll on Glassdoor.com. Dennis W. Doll has an approval rating of 82% among the company's employees. Who are Middlesex Water's major shareholders? Top institutional shareholders of Middlesex Water include Bank of New York Mellon Corp (1.23%), TSP Capital Management Group LLC (0.61%), Assenagon Asset Management S.A. (0.22%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include James F Jr Cosgrove, Walter G Reinhard, Bernadette M Sohler, Robert John Capko, Lorrie Beth Ginegaw, G Christian Jr Andreasen, Kim C Hanemann, A Bruce Oconnor and Dennis W Doll. View institutional ownership trends. How do I buy shares of Middlesex Water? Shares of MSEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Middlesex Water own? Based on aggregate information from My MarketBeat watchlists, some other companies that Middlesex Water investors own include Pfizer (PFE), Realty Income (O), Southern (SO), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED) and Gilead Sciences (GILD). 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