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

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$57.82 +0.27 (+0.47 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$57.55
Today's Range$57.21 - $58.03
52-Week Range$34.00 - $60.31
Volume35,054 shs
Average Volume48,535 shs
Market Capitalization$948.13 million
P/E Ratio41.90
Dividend Yield1.67%
Beta0.42
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$2.3333 per share
Book Value$14.02 per share

Profitability

Net Income$22.80 million

Miscellaneous

Employees315
Market Cap$948.13 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 Wednesday, January 30th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.24 per share on Friday, March 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Thursday, February 14th. View Middlesex Water's Dividend History.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) released its earnings results on Friday, November, 2nd. The utilities provider reported $0.74 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.09. The utilities provider earned $38.71 million during the quarter, compared to the consensus estimate of $38 million. Middlesex Water had a return on equity of 13.10% and a net margin of 22.61%. 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 1-year price targets for Middlesex Water's stock. Their forecasts range from $53.00 to $53.00. On average, they expect Middlesex Water's stock price to reach $53.00 in the next twelve months. This suggests that the stock has a possible downside of 8.3%. 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 neutral on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Middlesex Water earned a coverage optimism score of 0.3 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.

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, Sr. VP, Treasurer & CFO (Age 60)
  • Mr. Richard M. Risoldi, Sr. VP & COO (Age 62)
  • Ms. Bernadette M. Sohler, VP of Corp. Affairs (Age 59)
  • Mr. Jay L. Kooper, VP, Gen. Counsel & Sec. (Age 46)

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.91%), Dimensional Fund Advisors LP (3.80%), First Manhattan Co. (1.89%), Northern Trust Corp (1.42%), Amundi Pioneer Asset Management Inc. (1.39%) and Geode Capital Management LLC (1.20%). 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 Impax Asset Management Group plc, North Star Investment Management Corp., Bank of America Corp DE, Bank of New York Mellon Corp, Millennium Management LLC, First Trust Advisors LP, TSP Capital Management Group LLC and First Manhattan Co.. 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.

Which institutional investors are buying Middlesex Water stock?

MSEX stock was acquired by a variety of institutional investors in the last quarter, including Eaton Vance Management, Monarch Partners Asset Management LLC, BlackRock Inc., Geode Capital Management LLC, Raymond James & Associates, Rhumbline Advisers, Mackay Shields LLC and Private Advisory Group LLC. 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 $57.82.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $948.13 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:  135 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  269
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 2/20/2019 by MarketBeat.com Staff

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