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

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$47.57 +0.20 (+0.42 %)
(As of 09/21/2018 05:30 AM ET)
Previous Close$47.37
Today's Range$46.79 - $48.52
52-Week Range$33.96 - $48.59
Volume22,400 shs
Average Volume53,398 shs
Market Capitalization$783.39 million
P/E Ratio34.44
Dividend Yield1.87%
Beta0.42
Middlesex Water logoMiddlesex 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

Stock Exchange NASDAQ
Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
SymbolNASDAQ:MSEX
CUSIP59668010
Phone732-634-1500

Debt

Debt-to-Equity Ratio0.60
Current Ratio0.38
Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio34.44
Forward P/E Ratio25.85
P/E GrowthN/A

Sales & Book Value

Annual Sales$130.77 million
Price / Sales5.96
Cash Flow$2.2925 per share
Price / Cash20.75
Book Value$14.02 per share
Price / Book3.39

Profitability

EPS (Most Recent Fiscal Year)$1.38
Net Income$22.80 million
Net Margins19.56%
Return on Equity11.34%
Return on Assets3.81%

Miscellaneous

Employees315
Outstanding Shares16,390,000
Market Cap$783.39 million

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 Thursday, July 26th. Investors of record on Wednesday, August 15th will be given a dividend of $0.224 per share on Tuesday, September 4th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Tuesday, August 14th. View Middlesex Water's Dividend History.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) announced its earnings results on Thursday, August, 2nd. The utilities provider reported $0.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.38 by $0.14. The utilities provider earned $34.92 million during the quarter, compared to analysts' expectations of $34 million. Middlesex Water had a net margin of 19.56% and a return on equity of 11.34%. 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 Thursday, November, 1st 2018. View Earnings Estimates for Middlesex Water.

What price target have analysts set for MSEX?

1 Wall Street analysts have issued twelve-month price objectives for Middlesex Water's stock. Their forecasts range from $44.00 to $44.00. On average, they anticipate Middlesex Water's stock price to reach $44.00 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.

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 59)
  • Mr. A. Bruce O'Connor CPA, VP, Treasurer & CFO (Age 59)
  • Mr. Richard M. Risoldi, VP of Operations & COO (Age 61)
  • Mr. Gerard L. Esposito, Pres of Tidewater Utilities Inc (Age 66)
  • Ms. Bernadette M. Sohler, VP of Corp. Affairs (Age 58)

Has Middlesex Water been receiving favorable news coverage?

Press coverage about MSEX stock has trended somewhat positive on Friday, Accern reports. The research group identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Middlesex Water earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news stories about the utilities provider an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Middlesex Water.

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. (7.79%), Dimensional Fund Advisors LP (3.69%), Renaissance Technologies LLC (3.64%), First Manhattan Co. (1.97%), Northern Trust Corp (1.41%) and First Trust Advisors LP (0.78%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, 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 Water Asset Management LLC, Nuance Investments LLC, California Public Employees Retirement System, Wedge Capital Management L L P NC, Cortina Asset Management LLC, Martingale Asset Management L P, ELCO Management Co. LLC and Bessemer Group Inc.. Company insiders that have sold Middlesex Water company stock in the last year include A Bruce Oconnor, Bernadette M Sohler, Gerard L Esposito, 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 BlackRock Inc., Citadel Advisors LLC, KBC Group NV, Private Advisor Group LLC, Northern Trust Corp, First Trust Advisors LP, TD Asset Management Inc. and Dimensional Fund Advisors LP. 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 $47.57.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $783.39 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.

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:  114 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  231
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 9/21/2018 by MarketBeat.com Staff

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