Log in

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

$57.23
+1.58 (+2.84 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$53.34
Now: $57.23
$59.83
50-Day Range
$49.45
MA: $63.13
$69.45
52-Week Range
$48.79
Now: $57.23
$69.92
Volume70,851 shs
Average Volume105,854 shs
Market Capitalization$998.09 million
P/E Ratio28.62
Dividend Yield1.84%
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.
Read More
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$3.02 per share
Book Value$18.58 per share

Profitability

Net Income$33.89 million

Miscellaneous

Employees330
Market Cap$998.09 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

Receive MSEX News and Ratings via Email

Sign-up to receive the latest news and ratings for MSEX and its competitors with MarketBeat's FREE daily newsletter.


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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MSEX shares have decreased by 2.2% and is now trading at $57.23. 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) posted its quarterly earnings results on Thursday, February, 27th. The utilities provider reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.05. The utilities provider earned $32.74 million during the quarter, compared to analyst estimates of $34.65 million. Middlesex Water had a net margin of 25.16% and a return on equity of 12.12%. 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 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, February 13th. View Middlesex Water's dividend history.

What price target have analysts set for MSEX?

3 brokerages have issued 1-year target prices for Middlesex Water's stock. Their forecasts range from $66.00 to $80.00. On average, they expect Middlesex Water's share price to reach $71.67 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price. View analysts' price targets for Middlesex Water.

Has Middlesex Water been receiving favorable news coverage?

News headlines about MSEX stock have been trending extremely negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Middlesex Water earned a news impact score of -4.0 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near 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."

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.11%), Pictet Asset Management Ltd. (2.18%), State Street Corp (2.05%), Eaton Vance Management (1.63%), Amundi Pioneer Asset Management Inc. (1.45%) and Geode Capital Management LLC (1.37%). 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.

Which institutional investors are selling Middlesex Water stock?

MSEX stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Amundi Pioneer Asset Management Inc., Renaissance Technologies LLC, Bessemer Group Inc., Raymond James & Associates, Mackay Shields LLC, Prudential Financial Inc., and Credit Suisse AG. 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 activity for Middlesex Water.

Which institutional investors are buying Middlesex Water stock?

MSEX stock was purchased by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Nuance Investments LLC, Eaton Vance Management, Penn Capital Management Co. Inc., Cadence Capital Management LLC, ProShare Advisors LLC, First Trust Advisors LP, and State Street Corp. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Middlesex Water's stock price today?

One share of MSEX stock can currently be purchased for approximately $57.23.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $998.09 million 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:  207 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  411
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 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel