NASDAQ:MSEX

Middlesex Water Stock Forecast, Price & News

$105.16
-1.21 (-1.14 %)
(As of 09/23/2021 04:00 PM ET)
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Today's Range
$104.69
$107.00
50-Day Range
$94.13
$115.29
52-Week Range
$59.66
$116.39
Volume116,323 shs
Average Volume153,428 shs
Market Capitalization$1.84 billion
P/E Ratio47.80
Dividend Yield1.02%
Beta0.29
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Middlesex Water logo

About Middlesex Water

Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.

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MarketRank

Overall MarketRank

2.66 out of 5 stars

Utilities Sector

18th out of 122 stocks

Water Supply Industry

1st out of 15 stocks

Analyst Opinion: 1.0Community Rank: 4.4Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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Middlesex Water (NASDAQ:MSEX) Frequently Asked Questions

Is Middlesex Water a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Middlesex Water in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Middlesex Water stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MSEX, but not buy additional shares or sell existing shares.
View analyst ratings for Middlesex Water
or view top-rated stocks.

What stocks does MarketBeat like better than Middlesex Water?

Wall Street analysts have given Middlesex Water a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Middlesex Water wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Middlesex Water?

Middlesex Water saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 713,000 shares, a decline of 40.1% from the August 15th total of 1,190,000 shares. Based on an average daily trading volume, of 209,700 shares, the short-interest ratio is currently 3.4 days. Approximately 4.2% of the shares of the stock are short sold.
View Middlesex Water's Short Interest
.

When is Middlesex Water's next earnings date?

Middlesex Water is scheduled to release its next quarterly earnings announcement on Friday, October 29th 2021.
View our earnings forecast for Middlesex Water
.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) posted its earnings results on Thursday, July, 29th. The utilities provider reported $0.62 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.03. The utilities provider earned $36.70 million during the quarter, compared to the consensus estimate of $36 million. Middlesex Water had a net margin of 27.04% and a trailing twelve-month return on equity of 11.17%.
View Middlesex Water's earnings history
.

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 (WHO). Since then, MSEX stock has increased by 79.7% and is now trading at $105.16.
View which stocks have been most impacted by COVID-19
.

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

Middlesex Water announced a quarterly dividend on Monday, July 26th. Investors of record on Friday, August 13th will be given a dividend of $0.2725 per share on Wednesday, September 1st. This represents a $1.09 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Thursday, August 12th.
View Middlesex Water's dividend history
.

Is Middlesex Water a good dividend stock?

Middlesex Water pays an annual dividend of $1.09 per share and currently has a dividend yield of 1.02%. Middlesex Water has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Middlesex Water is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Middlesex Water will have a dividend payout ratio of 43.60% next year. This indicates that Middlesex Water will be able to sustain or increase its dividend.
View Middlesex Water's dividend history.

What price target have analysts set for MSEX?

2 analysts have issued twelve-month target prices for Middlesex Water's shares. Their forecasts range from $73.00 to $73.00. On average, they anticipate Middlesex Water's share price to reach $73.00 in the next year. This suggests that the stock has a possible downside of 30.6%.
View analysts' price targets for Middlesex Water
or view top-rated stocks among Wall Street analysts.

Who are Middlesex Water's key executives?

Middlesex Water's management team includes the following people:
  • Dennis W. Doll, Chairman, President & Chief Executive Officer
  • Robert K. Fullagar, Vice President-Operations
  • A. Bruce O'Connor, Chief Financial Officer, Treasurer & Senior VP
  • Georgia M. Simpson, Vice President-Information Technology
  • Jay L. Kooper, Secretary, Vice President & General Counsel

What is Dennis W. Doll's approval rating as Middlesex Water's CEO?

5 employees have rated Middlesex Water CEO Dennis W. Doll on Glassdoor.com. Dennis W. Doll has an approval rating of 82% among Middlesex Water's employees.

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 Pfizer (PFE), Realty Income (O), The Southern (SO), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED), Gilead Sciences (GILD), Medtronic (MDT), Visa (V) and Enterprise Products Partners (EPD).

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 retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (10.34%), BlackRock Inc. (8.33%), Vanguard Group Inc. (5.88%), Dimensional Fund Advisors LP (2.74%), State Street Corp (2.09%) and Geode Capital Management LLC (1.81%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, Georgia M Simpson, Lorrie Beth Ginegaw, 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 Nuance Investments LLC, ProShare Advisors LLC, Ergoteles LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Wells Fargo & Company MN, Invesco Ltd., and Vanguard Group Inc.. Company insiders that have sold Middlesex Water company stock in the last year include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, and Walter G Reinhard.
View insider buying and selling activity for Middlesex Water
or view top insider-selling stocks.

Which institutional investors are buying Middlesex Water stock?

MSEX stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Millennium Management LLC, Amundi, Bank of America Corp DE, BlackRock Inc., FMR LLC, First Trust Advisors LP, and Legal & General Group Plc.
View insider buying and selling activity for Middlesex Water
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Middlesex Water's stock price today?

One share of MSEX stock can currently be purchased for approximately $105.16.

How much money does Middlesex Water make?

Middlesex Water has a market capitalization of $1.84 billion and generates $141.59 million in revenue each year. The utilities provider earns $38.42 million in net income (profit) each year or $2.18 on an earnings per share basis.

How many employees does Middlesex Water have?

Middlesex Water employs 348 workers across the globe.

When was Middlesex Water founded?

Middlesex Water was founded in 1897.

What is Middlesex Water's official website?

The official website for Middlesex Water is www.middlesexwater.com.

Where are Middlesex Water's headquarters?

Middlesex Water is headquartered at 485C ROUTE 1 SOUTH, ISELIN NJ, 08830.

How can I contact Middlesex Water?

Middlesex Water's mailing address is 485C ROUTE 1 SOUTH, ISELIN NJ, 08830. The utilities provider can be reached via phone at (732) 634-1500 or via email at [email protected].


This page was last updated on 9/24/2021 by MarketBeat.com Staff
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