Middlesex Water Stock Price, News & Analysis (NASDAQ:MSEX)

$63.66
-0.46 (-0.72 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$62.81
Now: $63.66
$64.05
50-Day Range
$55.78
MA: $60.31
$64.46
52-Week Range
$43.12
Now: $63.66
$65.13
Volume80,837 shs
Average Volume58,772 shs
Market Capitalization$1.05 billion
P/E Ratio32.48
Dividend Yield1.51%
Beta0.36
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. Read More…

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$138.08 million
Cash Flow$2.9377 per share
Book Value$15.17 per share

Profitability

Net Income$32.45 million

Miscellaneous

Employees330
Market Cap$1.05 billion
Next Earnings Date11/1/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Thursday, July 25th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.24 per share on Tuesday, September 3rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Wednesday, August 14th. View Middlesex Water's Dividend History.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) released its quarterly earnings data on Wednesday, July, 31st. The utilities provider reported $0.49 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.55 by $0.06. The utilities provider had revenue of $33.39 million for the quarter, compared to the consensus estimate of $36 million. Middlesex Water had a return on equity of 13.43% and a net margin of 24.95%. 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, November 1st 2019. View Earnings Estimates for Middlesex Water.

What price target have analysts set for MSEX?

1 analysts have issued twelve-month target prices for Middlesex Water's shares. Their forecasts range from $66.00 to $66.00. On average, they expect Middlesex Water's share price to reach $66.00 in the next year. This suggests a possible upside of 3.7% from the stock's current price. 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Middlesex Water.

Has Middlesex Water been receiving favorable news coverage?

News headlines about MSEX stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Middlesex Water earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Middlesex Water.

Are investors shorting Middlesex Water?

Middlesex Water saw a increase in short interest in August. As of August 31st, there was short interest totalling 352,900 shares, an increase of 38.8% from the July 31st total of 254,300 shares. Based on an average daily volume of 66,800 shares, the days-to-cover ratio is presently 5.3 days. Currently, 2.2% of the shares of the company are short sold. View Middlesex Water's Current Options Chain.

Who are some of Middlesex Water's key competitors?

What other stocks do shareholders of Middlesex Water own?

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, 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)

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.75%), Price T Rowe Associates Inc. MD (6.91%), Vanguard Group Inc. (6.22%), Renaissance Technologies LLC (3.43%), First Manhattan Co. (1.78%) and Amundi Pioneer Asset Management Inc. (1.77%). 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, 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 Bank of New York Mellon Corp, Impax Asset Management Group plc, Renaissance Technologies LLC, Invesco Ltd., Morgan Stanley, TSP Capital Management Group LLC, First Manhattan Co. and State Board of Administration of Florida Retirement System. 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 for Middlesex Water.

Which institutional investors are buying Middlesex Water stock?

MSEX stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Amundi Pioneer Asset Management Inc., Vanguard Group Inc., First Trust Advisors LP, Eaton Vance Management, Penn Capital Management Co. Inc. and Chicago Equity Partners 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, Robinhood, Fidelity and Charles Schwab.

What is Middlesex Water's stock price today?

One share of MSEX stock can currently be purchased for approximately $63.66.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $1.05 billion and generates $138.08 million in revenue each year. The utilities provider earns $32.45 million in net income (profit) each year or $1.96 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:  168 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  340
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 9/21/2019 by MarketBeat.com Staff

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