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

Sign in or create an account to add this stock to your watchlist.
$57.30 +0.78 (+1.38 %)
(As of 03/25/2019 02:19 PM ET)
Previous Close$56.52
Today's Range$56.02 - $57.30
52-Week Range$34.74 - $60.48
Volume637 shs
Average Volume48,470 shs
Market Capitalization$941.44 million
P/E Ratio29.00
Dividend Yield1.70%
Beta0.44
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.

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.

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$2.9735 per share
Book Value$15.17 per share

Profitability

Net Income$32.45 million

Miscellaneous

EmployeesN/A
Market Cap$941.44 million
Next Earnings Date5/6/2019 (Estimated)
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 announced a quarterly dividend on Wednesday, January 30th. Investors of record on Friday, February 15th will be given a dividend of $0.24 per share on Friday, March 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.68%. 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) announced its earnings results on Friday, March, 8th. The utilities provider reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. The utilities provider earned $33.27 million during the quarter, compared to analyst estimates of $33 million. Middlesex Water had a net margin of 23.48% and a return on equity of 13.50%. 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 Monday, May 6th 2019. View Earnings Estimates for Middlesex Water.

What price target have analysts set for MSEX?

1 equities research analysts have issued 1 year target prices 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 year. This suggests that the stock has a possible downside of 7.5%. 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?

Headlines about MSEX stock have trended positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Middlesex Water earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the stock's share price in the immediate future.

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 Micron Technology (MU), Realty Income (O), Visa (V), Pfizer (PFE), Bellicum Pharmaceuticals (BLCM), Ship Finance International (SFL), Southern (SO), HCA Healthcare (HCA), Enterprise Products Partners (EPD) and AT&T (T).

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 Operations & 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 a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.91%), Dimensional Fund Advisors LP (3.80%), Dimensional Fund Advisors LP (3.80%), First Manhattan Co. (1.89%), Northern Trust Corp (1.42%) and Amundi Pioneer Asset Management Inc. (1.39%). 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 purchased by a variety of institutional investors in the last quarter, including Eaton Vance Management, Norges Bank, Monarch Partners Asset Management LLC, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC, Raymond James & Associates and Rhumbline Advisers. 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 $57.30.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $941.44 million 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.

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 1 South Suite 400, 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:  138 (Vote Outperform)
Underperform Votes:  140 (Vote Underperform)
Total Votes:  278
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 3/25/2019 by MarketBeat.com Staff

Featured Article: Blockchain

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