Middlesex Water Company (MSEX)

Market Cap	1.14B
Revenue (ttm)	191.88M
Net Income (ttm)	44.24M
Shares Out	17.89M
EPS (ttm)	2.47
PE Ratio	25.72
Forward PE	24.99
Dividend	$1.36 (2.14%)
Ex-Dividend Date	Feb 18, 2025

Volume	178,101
Open	62.28
Previous Close	61.95
Day's Range	62.28 - 63.97
52-Week Range	45.42 - 70.73
Beta	0.84
Analysts	Hold
Price Target	59.33 (-6.54%)
Earnings Date	May 7, 2025

About MSEX

Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. 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; and provides regulated wastewater system in New Jersey, Pinelands Wastewater. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wa...

• Industry: Utilities - Regulated Water
• Sector: Utilities
• Founded: 1897
• Employees: 360
• Stock Exchange: NASDAQ
• Ticker Symbol: MSEX
• Website: https://www.middlesexwater.com

Financial Performance

In 2024, Middlesex Water Company's revenue was $191.88 million, an increase of 15.40% compared to the previous year's $166.27 million. Earnings were $44.24 million, an increase of 40.87%.

Analyst Forecast

According to 3 analysts, the average rating for MSEX stock is "Hold." The 12-month stock price forecast is $59.33, which is a decrease of -6.54% from the latest price.

Price Target

$59.33

(-6.54% downside)

Analyst Consensus: Hold