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

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$49.89 -0.12 (-0.24 %)
(As of 11/21/2018 03:08 PM ET)
Previous Close$50.01
Today's Range$49.83 - $50.82
52-Week Range$33.96 - $52.82
Volume1,625 shs
Average Volume37,964 shs
Market Capitalization$803.19 million
P/E Ratio36.83
Dividend Yield1.96%
Beta0.53
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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.58
Current Ratio0.37
Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio36.83
Forward P/E Ratio25.45
P/E GrowthN/A

Sales & Book Value

Annual Sales$130.77 million
Price / Sales6.26
Cash Flow$2.3456 per share
Price / Cash21.27
Book Value$14.95 per share
Price / Book3.34

Profitability

EPS (Most Recent Fiscal Year)$1.38
Net Income$22.80 million
Net Margins22.61%
Return on Equity13.10%
Return on Assets4.33%

Miscellaneous

Employees315
Outstanding Shares16,400,000
Market Cap$803.19 million
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 Thursday, October 25th. Stockholders of record on Thursday, November 15th will be paid a dividend of $0.24 per share on Monday, December 3rd. This represents a $0.96 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Wednesday, November 14th. This is an increase from Middlesex Water's previous quarterly dividend of $0.22. View Middlesex Water's Dividend History.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) issued its quarterly earnings data on Friday, November, 2nd. The utilities provider reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.09. The utilities provider earned $38.71 million during the quarter, compared to analyst estimates of $38 million. Middlesex Water had a net margin of 22.61% and a return on equity of 13.10%. 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, March 8th 2019. View Earnings Estimates for Middlesex Water.

What price target have analysts set for MSEX?

1 equities research analysts have issued 12 month target prices for Middlesex Water's shares. Their predictions 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 a possible upside of 5.7% 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?

Media stories about MSEX stock have trended very positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Middlesex Water earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the company's share price in the near term.

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)

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.83%), Dimensional Fund Advisors LP (3.77%), Renaissance Technologies LLC (3.66%), First Manhattan Co. (1.92%), Morgan Stanley (1.27%) and Bank of New York Mellon Corp (0.77%). 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 and Walter G Reinhard. View Institutional Ownership Trends for Middlesex Water.

Which major investors are selling Middlesex Water stock?

MSEX stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Morgan Stanley, Credit Suisse AG, Wedge Capital Management L L P NC, First Manhattan Co., Prudential Financial Inc., TIAA CREF Investment Management LLC and Martingale Asset Management L P. 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 major investors are buying Middlesex Water stock?

MSEX stock was bought by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Nuance Investments LLC, Dimensional Fund Advisors LP, Man Group plc, BlackRock Inc., Allianz Asset Management GmbH, Engineers Gate Manager LP and Mcrae Capital Management Inc.. 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 $50.12.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $803.19 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.

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 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:  125 (Vote Outperform)
Underperform Votes:  122 (Vote Underperform)
Total Votes:  247
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 11/21/2018 by MarketBeat.com Staff

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