NASDAQ:MSEX

Middlesex Water Stock Forecast, Price & News

$83.53
+1.16 (+1.41 %)
(As of 04/20/2021 12:54 PM ET)
Add
Compare
Today's Range
$82.41
Now: $83.53
$83.53
50-Day Range
$68.67
MA: $77.48
$82.93
52-Week Range
$56.44
Now: $83.53
$85.92
Volume706 shs
Average Volume130,557 shs
Market Capitalization$1.46 billion
P/E Ratio38.49
Dividend Yield1.31%
Beta0.24
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes 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. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
Middlesex Water logo

Industry, Sector and Symbol

Industry Water supply
Sub-IndustryWater Utilities
SectorUtilities
Current SymbolNASDAQ:MSEX
CUSIP59668010
Phone732-634-1500
Employees348
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$134.60 million
Cash Flow$3.50 per share
Book Value$18.58 per share

Profitability

Net Income$33.89 million

Miscellaneous

Market Cap$1.46 billion
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

Headlines

Middlesex Water downgraded to neutral from buy at Janney
January 20, 2021 |  feeds.marketwatch.com
Middlesex Water Is Untenably Expensive
January 4, 2021 |  seekingalpha.com
News for Middlesex Water CoShs
November 22, 2020 |  markets.businessinsider.com
Middlesex Water Earns Prime Status From ISS ESG
November 3, 2020 |  finance.yahoo.com
Middlesex Water Reports Third Quarter Financial Results
October 30, 2020 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.66 out of 5 stars

Utilities Sector

62nd out of 280 stocks

Water Supply Industry

3rd out of 15 stocks

Analyst Opinion: 1.0Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
$83.53
+1.16 (+1.41 %)
(As of 04/20/2021 12:54 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Middlesex Water (NASDAQ:MSEX) Frequently Asked Questions

Is Middlesex Water a buy right now?

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. The consensus among Wall Street analysts is that investors should "hold" Middlesex Water stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MSEX, but not buy additional shares or sell existing shares.
View analyst ratings for Middlesex Water
or view top-rated stocks.

What stocks does MarketBeat like better than Middlesex Water?

Wall Street analysts have given Middlesex Water a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Middlesex Water wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Middlesex Water's next earnings date?

Middlesex Water is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Middlesex Water
.

How were Middlesex Water's earnings last quarter?

Middlesex Water (NASDAQ:MSEX) announced its quarterly earnings data on Thursday, February, 25th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.04. The utilities provider had revenue of $34.63 million for the quarter, compared to analysts' expectations of $34 million. Middlesex Water had a trailing twelve-month return on equity of 11.51% and a net margin of 27.34%.
View Middlesex Water's earnings history
.

How has Middlesex Water's stock been impacted by Coronavirus?

Middlesex Water's stock was trading at $58.52 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MSEX shares have increased by 42.7% and is now trading at $83.53.
View which stocks have been most impacted by COVID-19
.

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

Middlesex Water announced a quarterly dividend on Friday, January 29th. Stockholders of record on Friday, February 12th will be given a dividend of $0.2725 per share on Monday, March 1st. This represents a $1.09 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, February 11th.
View Middlesex Water's dividend history
.

Is Middlesex Water a good dividend stock?

Middlesex Water pays an annual dividend of $1.09 per share and currently has a dividend yield of 1.31%. Middlesex Water has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Middlesex Water is 54.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Middlesex Water will have a dividend payout ratio of 49.32% next year. This indicates that Middlesex Water will be able to sustain or increase its dividend.
View Middlesex Water's dividend history.

What price target have analysts set for MSEX?

1 Wall Street analysts have issued 1-year price targets for Middlesex Water's shares. Their forecasts range from $73.00 to $73.00. On average, they expect Middlesex Water's stock price to reach $73.00 in the next twelve months. This suggests that the stock has a possible downside of 12.6%.
View analysts' price targets for Middlesex Water
or view top-rated stocks among Wall Street analysts.

Who are Middlesex Water's key executives?

Middlesex Water's management team includes the following people:
  • Mr. Dennis W. Doll CPA, Chairman, Pres & CEO (Age 62, Pay $691.65k)
  • Mr. A. Bruce O'Connor CPA, CPA, Sr. VP, Treasurer & CFO (Age 62, Pay $419.78k)
  • Mr. Jay L. Kooper Esq., VP, Gen. Counsel & Sec. (Age 48, Pay $317.85k)
  • Ms. Lorrie Beth Ginegaw, VP of HR (Age 46, Pay $239.53k)
  • Mr. Robert K. Fullagar, VP of Operations

What is Dennis W. Doll's approval rating as Middlesex Water's CEO?

5 employees have rated Middlesex Water CEO Dennis W. Doll on Glassdoor.com. Dennis W. Doll has an approval rating of 82% among Middlesex Water's employees.

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 Pfizer (PFE), Realty Income (O), The Southern (SO), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED), Gilead Sciences (GILD), Medtronic (MDT), Visa (V) and Enterprise Products Partners (EPD).

What is Middlesex Water's stock symbol?

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

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by a number of retail and institutional investors. Top institutional investors include TSP Capital Management Group LLC (0.78%) and Landsberg Bennett & Dubbaneh LLC (0.27%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, Dennis W Doll, Georgia M Simpson, Lorrie Beth Ginegaw, Robert K Fullagar 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 TSP Capital Management Group LLC. Company insiders that have sold Middlesex Water company stock in the last year include A Bruce Oconnor, Dennis W Doll, Georgia M Simpson, Lorrie Beth Ginegaw, and Robert K Fullagar.
View insider buying and selling activity for Middlesex Water
or view top insider-selling stocks.

Which major investors are buying Middlesex Water stock?

MSEX stock was acquired by a variety of institutional investors in the last quarter, including Landsberg Bennett & Dubbaneh LLC.
View insider buying and selling activity for Middlesex Water
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Middlesex Water's stock price today?

One share of MSEX stock can currently be purchased for approximately $83.53.

How much money does Middlesex Water make?

Middlesex Water has a market capitalization of $1.46 billion and generates $134.60 million in revenue each year. The utilities provider earns $33.89 million in net income (profit) each year or $2.01 on an earnings per share basis.

How many employees does Middlesex Water have?

Middlesex Water employs 348 workers across the globe.

What is Middlesex Water's official website?

The official website for Middlesex Water is www.middlesexwater.com.

Where are Middlesex Water's headquarters?

Middlesex Water is headquartered at 485C ROUTE 1 SOUTH, ISELIN NJ, 08830.

How can I contact Middlesex Water?

Middlesex Water's mailing address is 485C ROUTE 1 SOUTH, ISELIN NJ, 08830. The utilities provider can be reached via phone at 732-634-1500 or via email at [email protected]


This page was last updated on 4/20/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.