NASDAQ:MSEX - Middlesex Water Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$43.47 -0.16 (-0.37 %)
(As of 06/20/2018 10:49 AM ET)
Previous Close$43.40
Today's Range$43.26 - $43.81
52-Week Range$33.96 - $46.74
Volume320 shs
Average Volume61,265 shs
Market Capitalization$699.35 million
P/E Ratio31.62
Dividend Yield2.09%
Beta0.44
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.

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
SymbolNASDAQ:MSEX
CUSIP59668010
Phone732-634-1500

Debt

Debt-to-Equity Ratio0.61
Current Ratio0.39
Quick Ratio0.33

Price-To-Earnings

Trailing P/E Ratio31.62
Forward P/E Ratio27.87
P/E GrowthN/A

Sales & Book Value

Annual Sales$130.77 million
Price / Sales5.44
Cash Flow$2.3421 per share
Price / Cash18.56
Book Value$14.02 per share
Price / Book3.10

Profitability

EPS (Most Recent Fiscal Year)$1.38
Net Income$22.80 million
Net Margins17.34%
Return on Equity10.06%
Return on Assets3.44%

Miscellaneous

Employees315
Outstanding Shares16,360,000

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, April 25th. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.224 per share on Friday, June 1st. This represents a $0.90 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Monday, May 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) posted its quarterly earnings results on Monday, May, 7th. The utilities provider reported $0.27 earnings per share for the quarter, hitting analysts' consensus estimates of $0.27. The utilities provider had revenue of $31.18 million for the quarter, compared to analysts' expectations of $30 million. Middlesex Water had a return on equity of 10.06% and a net margin of 17.34%. 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 Tuesday, August, 7th 2018. View Earnings Estimates for Middlesex Water.

What price target have analysts set for MSEX?

1 equities research analysts have issued 1-year price objectives for Middlesex Water's shares. Their forecasts range from $44.00 to $44.00. On average, they expect Middlesex Water's share price to reach $44.00 in the next twelve months. 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?

Media coverage about MSEX stock has trended somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Middlesex Water earned a media sentiment score of 0.12 on Accern's scale. They also assigned media headlines about the utilities provider an impact score of 46.12 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Middlesex Water's major shareholders?

Middlesex Water's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.38%), Dimensional Fund Advisors LP (3.67%), Northern Trust Corp (1.37%), Water Asset Management LLC (0.92%), Cortina Asset Management LLC (0.53%) and Schwab Charles Investment Management Inc. (0.50%). Company insiders that own Middlesex Water stock include A Bruce Oconnor, Bernadette M Sohler, Gerard L Esposito, 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 Cortina Asset Management LLC, Millennium Management LLC, BlackRock Inc., Thrivent Financial for Lutherans, UBS Group AG, Principal Financial Group Inc., Principal Financial Group Inc. and Northern Trust Corp. Company insiders that have sold Middlesex Water company stock in the last year include A Bruce Oconnor, Bernadette M Sohler, Gerard L Esposito, 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 acquired by a variety of institutional investors in the last quarter, including Water Asset Management LLC, Prudential Financial Inc., Wedge Capital Management L L P NC, Victory Capital Management Inc., Schwab Charles Investment Management Inc., Stephens Inc. AR, JPMorgan Chase & Co. and KBC Group NV. 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 $43.47.

How big of a company is Middlesex Water?

Middlesex Water has a market capitalization of $699.35 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 (MSEX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  98 (Vote Underperform)
Total Votes:  193
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 6/20/2018 by MarketBeat.com Staff

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.