Middlesex Water Company Company Profile (NASDAQ:MSEX)

About Middlesex Water Company (NASDAQ:MSEX)

Middlesex Water Company logoMiddlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company's segments include Regulated and Non-Regulated. The Regulated segment is engaged in the business of 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. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Middlesex System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Water Supply & Irrigation Systems
  • Sub-Industry: Water Utilities
  • Symbol: NASDAQ:MSEX
  • CUSIP: 59668010
  • Web: www.middlesexwater.com/
Capitalization:
  • Market Cap: $645.15 million
  • Outstanding Shares: 16,338,000
Average Prices:
  • 50 Day Moving Avg: $38.43
  • 200 Day Moving Avg: $37.73
  • 52 Week Range: $32.23 - $44.48
P/E:
  • Trailing P/E Ratio: 29.69
  • Foreward P/E Ratio: 24.53
  • P/E Growth: 9.94
Sales & Book Value:
  • Annual Revenue: $132.75 million
  • Price / Sales: 4.86
  • Book Value: $13.61 per share
  • Price / Book: 2.90
Dividend:
  • Annual Dividend: $0.85
  • Dividend Yield: 2.2%
Profitability:
  • EBIDTA: $52.96 million
  • Net Margins: 16.30%
  • Return on Equity: 9.70%
  • Return on Assets: 3.41%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.45%
Misc:
  • Average Volume: 37,962 shs.
  • Beta: 0.41
  • Short Ratio: 6.13
 

Frequently Asked Questions for Middlesex Water Company (NASDAQ:MSEX)

What is Middlesex Water Company's stock symbol?

Middlesex Water Company trades on the NASDAQ under the ticker symbol "MSEX."

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

Middlesex Water Company announced a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, August 11th will be given a dividend of $0.2113 per share on Friday, September 1st. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Wednesday, August 9th. View Middlesex Water Company's Dividend History.

How were Middlesex Water Company's earnings last quarter?

Middlesex Water Company (NASDAQ:MSEX) released its earnings results on Tuesday, August, 1st. The company reported $0.33 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.05. The firm had revenue of $33.01 million for the quarter, compared to analysts' expectations of $34 million. Middlesex Water Company had a net margin of 16.30% and a return on equity of 9.70%. View Middlesex Water Company's Earnings History.

When will Middlesex Water Company make its next earnings announcement?

Middlesex Water Company is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Middlesex Water Company.

Where is Middlesex Water Company's stock going? Where will Middlesex Water Company's stock price be in 2017?

1 brokerages have issued 12-month price objectives for Middlesex Water Company's stock. Their predictions range from $39.00 to $39.00. On average, they expect Middlesex Water Company's share price to reach $39.00 in the next year. View Analyst Ratings for Middlesex Water Company.

Who are some of Middlesex Water Company's key competitors?

Who are Middlesex Water Company's key executives?

Middlesex Water Company's management team includes the folowing people:

  • Dennis W. Doll, Chairman of the Board, President, Chief Executive Officer
  • A. Bruce O'Connor, Chief Financial Officer, Vice President, Treasurer
  • Gerard L. Esposito, President of Tidewater Utilities, Inc.
  • Richard M. Risoldi, Chief Operating Officer, Vice President - Operations
  • Jay L. Kooper, Vice President, General Counsel, Secretary
  • Lorrie B. Ginegaw, Vice President - Human Resources
  • Bernadette M. Sohler, Vice President - Corporate Affairs
  • Jeffries Shein, Lead Independent Director
  • James F. Cosgrove Jr., Independent Director
  • Kim C. Hanemann, Independent Director

Who owns Middlesex Water Company stock?

Middlesex Water Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.48%), Dimensional Fund Advisors LP (3.47%), Renaissance Technologies LLC (3.23%), First Manhattan Co. (2.08%), State Street Corp (2.04%) and Northern Trust Corp (1.41%). Company insiders that own Middlesex Water Company stock include A Bruce Oconnor, Bernadette M Sohler, Kim C Hanemann and Walter G Reinhard. View Institutional Ownership Trends for Middlesex Water Company.

Who sold Middlesex Water Company stock? Who is selling Middlesex Water Company stock?

Middlesex Water Company's stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Vanguard Group Inc., Cutter & CO Brokerage Inc., TSP Capital Management Group LLC, Arrowstreet Capital Limited Partnership, California State Teachers Retirement System, Rhumbline Advisers 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 and Walter G Reinhard. View Insider Buying and Selling for Middlesex Water Company.

Who bought Middlesex Water Company stock? Who is buying Middlesex Water Company stock?

Middlesex Water Company's stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Nuance Investments LLC, ProShare Advisors LLC, Renaissance Technologies LLC, WFG Advisors LP, Thrivent Financial For Lutherans, Dimensional Fund Advisors LP and First Manhattan Co.. View Insider Buying and Selling for Middlesex Water Company.

How do I buy Middlesex Water Company stock?

Shares of Middlesex Water Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Middlesex Water Company's stock price today?

One share of Middlesex Water Company stock can currently be purchased for approximately $39.49.


MarketBeat Community Rating for Middlesex Water Company (NASDAQ MSEX)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  44 (Vote Outperform)
Underperform Votes:  52 (Vote Underperform)
Total Votes:  96
MarketBeat's community ratings are surveys of what our community members think about Middlesex Water Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Middlesex Water Company (NASDAQ:MSEX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $39.00 (1.24% downside)

Analysts' Ratings History for Middlesex Water Company (NASDAQ:MSEX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/17/2017Janney Montgomery ScottInitiated CoverageNeutral$39.00N/AView Rating Details
3/2/2016Robert W. BairdDowngradeOutperform -> NeutralN/AView Rating Details
(Data available from 9/20/2015 forward)

Earnings

Earnings History for Middlesex Water Company (NASDAQ:MSEX)
Earnings by Quarter for Middlesex Water Company (NASDAQ:MSEX)
Earnings History by Quarter for Middlesex Water Company (NASDAQ MSEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.55N/AView Earnings Details
8/1/2017Q2 2017$0.38$0.33$34.00 million$33.01 millionViewN/AView Earnings Details
3/3/2017Q4 2016$0.29$0.19$31.64 million$31.81 millionViewN/AView Earnings Details
11/1/2016Q316$0.54$34.70 million$37.80 millionViewN/AView Earnings Details
8/2/2016Q216$0.36$31.60 million$32.70 millionViewN/AView Earnings Details
5/3/2016Q1$0.29$28.80 million$30.60 millionViewN/AView Earnings Details
3/4/2016Q4$0.28$30.90 millionViewN/AView Earnings Details
11/3/2015Q315$0.41$32.70 million$34.70 millionViewN/AView Earnings Details
8/3/2015Q215$0.31$29.20 million$31.70 millionViewN/AView Earnings Details
5/1/2015Q115$0.22$27.20 million$28.80 millionViewN/AView Earnings Details
8/4/2014Q214$0.29$0.29$29.20 million$29.20 millionViewN/AView Earnings Details
5/2/2014Q114$0.16$0.19$27.04 million$27.17 millionViewN/AView Earnings Details
3/5/2014Q413$0.15$0.19$26.84 million$27.40 millionViewN/AView Earnings Details
8/2/2013Q2 2013$0.30$0.28ViewN/AView Earnings Details
5/6/2013Q113$0.20$23.55 million$27.04 millionViewN/AView Earnings Details
3/7/2013Q4 2012$0.18$0.17$25.32 million$27.08 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Middlesex Water Company (NASDAQ:MSEX)
Current Year EPS Consensus Estimate: $1.48 EPS
Next Year EPS Consensus Estimate: $1.61 EPS

Dividends

Current Dividend Information for Middlesex Water Company (NASDAQ:MSEX)
Most Recent Dividend:9/1/2017
Annual Dividend:$0.85
Dividend Yield:2.15%
Payout Ratio:63.91% (Trailing 12 Months of Earnings)
57.43% (Based on This Year's Estimates)
52.80% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Middlesex Water Company (NASDAQ:MSEX)

Dividend History by Quarter for Middlesex Water Company (NASDAQ MSEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017quarterly$0.212.16%8/9/20178/11/20179/1/2017
4/21/2017quarterly$0.212.15%5/10/20175/12/20176/1/2017
2/2/2017quarterly$0.212.29%2/9/20172/13/20173/1/2017
10/27/2016quarterly$0.212.32%11/8/201611/10/201612/1/2016
7/27/2016quarterly$0.201.92%8/10/20168/12/20169/1/2016
4/29/2016quarterly$0.202.17%5/11/20165/13/20166/1/2016
1/29/2016quarterly$0.202.74%2/10/20162/12/20163/1/2016
10/22/2015quarterly$0.203.05%11/9/201511/12/201512/1/2015
7/24/2015quarterly$0.193.46%8/12/20158/14/20159/1/2015
4/27/2015quarterly$0.193.33%5/13/20155/15/20156/1/2015
1/30/2015quarterly$0.193.52%2/11/20152/13/20153/2/2015
10/22/2014quarterly$0.193.67%11/12/201411/14/201412/1/2014
7/22/2014quarterly$0.193.66%8/13/20148/15/20149/2/2014
4/23/2014quarterly$0.193.68%5/13/20145/15/20146/2/2014
1/31/2014quarterly$0.193.84%2/12/20142/14/20143/3/2014
10/22/2013quarterly$0.193.6%11/13/201311/15/201312/2/2013
7/31/2013quarterly$0.193.44%8/13/20138/15/20139/3/2013
4/24/2013quarterly$0.193.92%5/13/20135/15/20136/3/2013
1/25/2013quarterly$0.193.84%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Middlesex Water Company (NASDAQ:MSEX)
Insider Ownership Percentage: 3.48%
Institutional Ownership Percentage: 49.05%
Insider Trades by Quarter for Middlesex Water Company (NASDAQ:MSEX)
Institutional Ownership by Quarter for Middlesex Water Company (NASDAQ:MSEX)
Insider Trades by Quarter for Middlesex Water Company (NASDAQ:MSEX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/27/2017Walter G ReinhardDirectorSell1,200$36.14$43,368.00View SEC Filing  
11/11/2016A Bruce OconnorVPSell2,000$36.62$73,240.00View SEC Filing  
10/17/2016A Bruce OconnorVPSell1,350$33.88$45,738.00View SEC Filing  
10/7/2016Bernadette M SohlerVPSell400$33.29$13,316.00View SEC Filing  
4/12/2016Bernadette M SohlerVPSell500$33.26$16,630.00View SEC Filing  
4/6/2016A Bruce OconnorCFOSell1,100$31.16$34,276.00View SEC Filing  
3/29/2016A Bruce OconnorCFOSell1,326$31.32$41,530.32View SEC Filing  
3/29/2016Bernadette M SohlerVPSell400$31.65$12,660.00View SEC Filing  
3/23/2016Kim C HanemannDirectorBuy100$29.87$2,987.00View SEC Filing  
3/10/2016A Bruce OconnorCFOSell307$30.49$9,360.43View SEC Filing  
12/23/2015Bernadette M. SohlerVPSell900$27.55$24,795.00View SEC Filing  
9/23/2014Dennis W DollChairmanBuy1,000$19.95$19,950.00View SEC Filing  
12/17/2013Dennis DollCEOBuy1,000$20.25$20,250.00View SEC Filing  
12/13/2013Kenneth QuinnVPSell1,519$21.45$32,582.55View SEC Filing  
12/12/2013Jeffries SheinDirectorSell1,900$21.02$39,938.00View SEC Filing  
8/28/2013A Bruce OconnorCFOSell1,000$20.78$20,780.00View SEC Filing  
8/16/2013James Jr. CosgroveDirectorBuy1,230$20.37$25,055.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Middlesex Water Company (NASDAQ:MSEX)
Latest Headlines for Middlesex Water Company (NASDAQ:MSEX)
Source:
DateHeadline
americanbankingnews.com logoMiddlesex Water Company (MSEX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - September 17 at 12:56 PM
americanbankingnews.com logo Analysts Set $39.00 Price Target for Middlesex Water Company (MSEX)
www.americanbankingnews.com - September 14 at 6:30 PM
finance.yahoo.com logoMiddlesex Water Co. : MSEX-US: Dividend Analysis : August 11th, 2017 (record date) : By the numbers : September 12, 2017
finance.yahoo.com - September 13 at 6:43 AM
finance.yahoo.com logoMiddlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : September 11, 2017
finance.yahoo.com - September 12 at 2:51 AM
americanbankingnews.com logoZacks: Analysts Set $39.00 Price Target for Middlesex Water Company (MSEX)
www.americanbankingnews.com - September 10 at 2:42 AM
americanbankingnews.com logoMiddlesex Water Company (MSEX) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - September 9 at 10:42 PM
finance.yahoo.com logoTidewater’s Expertise Tapped to Create Delaware’s First Non-Profit Wastewater Utility
finance.yahoo.com - September 6 at 6:32 AM
americanbankingnews.com logoMiddlesex Water Company (MSEX) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - September 4 at 11:52 PM
finance.yahoo.com logoMiddlesex Water Co. :MSEX-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 29 at 2:46 AM
americanbankingnews.com logoAnalysts Expect Middlesex Water Company (MSEX) to Announce $0.55 EPS
www.americanbankingnews.com - August 27 at 12:26 AM
americanbankingnews.com logo$0.55 EPS Expected for Middlesex Water Company (MSEX) This Quarter
www.americanbankingnews.com - August 20 at 2:04 AM
americanbankingnews.com logoMiddlesex Water (MSEX) & Global Water Resources (GWRS) Critical Analysis
www.americanbankingnews.com - August 18 at 4:30 AM
americanbankingnews.com logoCritical Review: Middlesex Water (MSEX) & Global Water Resources (GWRS)
www.americanbankingnews.com - August 18 at 12:22 AM
finance.yahoo.com logoMiddlesex Water Co. – Value Analysis (NASDAQ:MSEX) : August 17, 2017
finance.yahoo.com - August 17 at 5:22 AM
americanbankingnews.com logoBrokerages Anticipate Middlesex Water Company (MSEX) to Post $0.55 EPS
www.americanbankingnews.com - August 11 at 4:50 PM
finance.yahoo.com logoMiddlesex Water Corporate Controller Rob Capko Named a 2017 Financial Rising Star Awards Finalist
finance.yahoo.com - August 11 at 6:40 AM
americanbankingnews.com logoHead to Head Analysis: Middlesex Water (NASDAQ:MSEX) & SJW Corporation (SJW)
www.americanbankingnews.com - August 6 at 6:10 PM
americanbankingnews.com logoValuEngine Upgrades Middlesex Water Company (MSEX) to Hold
www.americanbankingnews.com - August 6 at 10:40 AM
finance.yahoo.com logoMiddlesex Water Co. breached its 50 day moving average in a Bearish Manner : MSEX-US : August 4, 2017
finance.yahoo.com - August 5 at 4:28 AM
americanbankingnews.com logoMiddlesex Water Company (MSEX) Announces Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - August 2 at 5:20 PM
nasdaq.com logoMiddlesex Water Company Announces Second Quarter 2017 Financial Results
www.nasdaq.com - August 2 at 6:05 AM
americanbankingnews.com logoMiddlesex Water Company (NASDAQ:MSEX) to Issue $0.21 Quarterly Dividend
www.americanbankingnews.com - July 27 at 3:40 PM
americanbankingnews.com logoMiddlesex Water Company (MSEX) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 27 at 1:26 PM
americanbankingnews.com logo Middlesex Water Company (MSEX) Given Average Recommendation of "" by Brokerages
www.americanbankingnews.com - July 27 at 11:22 AM
seekingalpha.com logoMiddlesex Water declares $0.21125 dividend
seekingalpha.com - July 26 at 12:59 PM
americanbankingnews.com logoMiddlesex Water (MSEX) and SJW Corporation (SJW) Critical Comparison
www.americanbankingnews.com - July 22 at 2:14 PM
americanbankingnews.com logoComparing SJW Corporation (SJW) & Middlesex Water (NASDAQ:MSEX)
www.americanbankingnews.com - July 21 at 8:00 AM
americanbankingnews.com logoZacks: Middlesex Water Company (MSEX) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 12 at 8:32 AM
finance.yahoo.com logoETFs with exposure to Middlesex Water Co. : July 10, 2017
finance.yahoo.com - July 11 at 2:28 AM
americanbankingnews.com logo Middlesex Water Company (MSEX) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 28 at 12:30 AM
finance.yahoo.com logoETFs with exposure to Middlesex Water Co. : June 26, 2017
finance.yahoo.com - June 27 at 6:19 AM
finance.yahoo.com logoMiddlesex Water Co. :MSEX-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 21 at 7:50 PM
americanbankingnews.com logoAnalyzing Middlesex Water Company (MSEX) and American Water Works (AWK)
www.americanbankingnews.com - June 18 at 8:24 PM
americanbankingnews.com logoFinancial Analysis: Consolidated Water Co. (CWCO) vs. Middlesex Water Company (MSEX)
www.americanbankingnews.com - June 16 at 8:25 AM
finance.yahoo.com logoETFs with exposure to Middlesex Water Co. : June 15, 2017
finance.yahoo.com - June 16 at 7:51 AM
americanbankingnews.com logoMiddlesex Water Company (MSEX) Short Interest Up 3.4% in May
www.americanbankingnews.com - June 13 at 8:58 AM
americanbankingnews.com logoZacks: Brokerages Set $39.00 Target Price for Middlesex Water Company (MSEX)
www.americanbankingnews.com - June 12 at 9:56 AM
finance.yahoo.com logoMiddlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : June 9, 2017
finance.yahoo.com - June 9 at 6:53 PM
finance.yahoo.com logoMiddlesex Water Continues RENEW Program, to Invest $10M
finance.yahoo.com - June 1 at 7:28 PM
finance.yahoo.com logoMiddlesex Water Company Announces $10.0 Million Upgrade to Water Infrastructure in South Plainfield, NJ
finance.yahoo.com - May 31 at 7:01 PM
americanbankingnews.com logo Middlesex Water Company (MSEX) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 26 at 10:14 AM
nasdaq.com logoMiddlesex Water General Counsel Jay L. Kooper Elected Chair of the New Jersey State Bar Association Public Utility Law Section for 2017-2018
www.nasdaq.com - May 25 at 1:47 PM
finance.yahoo.com logoMiddlesex Water Company Announces Annual Meeting Results 
finance.yahoo.com - May 24 at 6:46 PM
nasdaq.com logoTidewater Utilities Water/Wastewater Professionals Honored For Service and Expertise
www.nasdaq.com - May 22 at 5:59 PM
finance.yahoo.com logoTidewater Utilities Water/Wastewater Professionals Honored For Service and Expertise
finance.yahoo.com - May 22 at 5:59 PM
finance.yahoo.com logoMiddlesex Water Co. : MSEX-US: Dividend Analysis : May 12th, 2017 (record date) : By the numbers : May 11, 2017
finance.yahoo.com - May 11 at 7:09 PM
americanbankingnews.com logo Brokerages Set $39.00 Price Target for Middlesex Water Company (MSEX)
www.americanbankingnews.com - May 11 at 10:54 AM
finance.yahoo.com logoMiddlesex Water Co. – Value Analysis (NASDAQ:MSEX) : May 5, 2017
finance.yahoo.com - May 5 at 6:57 PM
finance.yahoo.com logoMiddlesex Water Company Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 6:44 PM
finance.yahoo.com logoMiddlesex Water posts 1Q profit
finance.yahoo.com - May 4 at 6:44 PM

Social

Chart

Middlesex Water Company (MSEX) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff