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

$60.12
-1.35 (-2.20 %)
(As of 04/1/2020 06:00 AM ET)
Today's Range
$57.95
Now: $60.12
$61.03
50-Day Range
$49.45
MA: $62.40
$69.45
52-Week Range
$48.79
Now: $60.12
$69.92
Volume69,290 shs
Average Volume71,264 shs
Market Capitalization$1.05 billion
P/E Ratio30.06
Dividend Yield1.66%
Beta0.33
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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Middlesex Water logo

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$134.60 million
Cash Flow$3.08 per share
Book Value$18.58 per share

Profitability

Net Income$33.89 million

Miscellaneous

Employees330
Market Cap$1.05 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Middlesex Water (NASDAQ:MSEX) Frequently Asked Questions

How has Middlesex Water's stock been impacted by COVID-19 (Coronavirus)?

Middlesex Water's stock was trading at $58.52 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MSEX stock has increased by 2.7% and is now trading at $60.12. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Middlesex Water?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middlesex Water in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Middlesex Water.

When is Middlesex Water's next earnings date?

Middlesex Water is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Middlesex Water.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) issued its quarterly earnings results on Thursday, February, 27th. The utilities provider reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.05. The utilities provider had revenue of $32.74 million for the quarter, compared to analysts' expectations of $34.65 million. Middlesex Water had a return on equity of 12.12% and a net margin of 25.16%. 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 Wednesday, January 29th. Investors of record on Friday, February 14th will be paid a dividend of $0.256 per share on Monday, March 2nd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Thursday, February 13th. View Middlesex Water's dividend history.

What price target have analysts set for MSEX?

3 brokerages have issued twelve-month price targets for Middlesex Water's shares. Their forecasts range from $66.00 to $80.00. On average, they expect Middlesex Water's stock price to reach $71.67 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price. View analysts' price targets for Middlesex Water.

Has Middlesex Water been receiving favorable news coverage?

Headlines about MSEX stock have trended very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Middlesex Water earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media 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 effect on the stock's share price in the immediate future. View the latest news aboutMiddlesex Water.

Who are some of Middlesex Water's key 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 Southern (SO), AT&T (T), Realty Income (O), Consolidated Edison (ED), Enterprise Products Partners (EPD), Pfizer (PFE), Exxon Mobil (XOM), PepsiCo (PEP), AbbVie (ABBV) and Main Street Capital (MAIN).

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 60)
  • Mr. A. Bruce O'Connor CPA, CPA, Sr. VP, Treasurer & CFO (Age 60)
  • Mr. Richard M. Risoldi, Sr. VP of Operations & COO (Age 62)
  • Mr. Jay L. Kooper Esq., VP, Gen. Counsel & Sec. (Age 46)
  • Ms. Lorrie Beth Ginegaw, VP of HR (Age 44)

What is Middlesex Water's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Middlesex Water's stock price today?

One share of MSEX stock can currently be purchased for approximately $60.12.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $1.05 billion and generates $134.60 million in revenue each year. The utilities provider earns $33.89 million in net income (profit) each year or $2.01 on an earnings per share basis. Middlesex Water employs 330 workers across the globe. View additional information about Middlesex Water.

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 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]


MarketBeat Community Rating for Middlesex Water (NASDAQ MSEX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  208 (Thanks for Voting!)
Underperform Votes:  204 (Thanks for Voting!)
Total Votes:  412
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 4/1/2020 by MarketBeat.com Staff

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