Middlesex Water Company (MSEX)
Market Cap | 1.07B |
Revenue (ttm) | 195.65M |
Net Income (ttm) | 43.04M |
Shares Out | 17.92M |
EPS (ttm) | 2.40 |
PE Ratio | 24.93 |
Forward PE | 24.16 |
Dividend | $1.36 (2.27%) |
Ex-Dividend Date | May 15, 2025 |
Volume | 8,020 |
Open | 59.87 |
Previous Close | 60.04 |
Day's Range | 59.56 - 60.19 |
52-Week Range | 48.18 - 70.73 |
Beta | 0.88 |
Analysts | Hold |
Price Target | 59.33 (-0.39%) |
Earnings Date | May 1, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MSEX stock is "Hold." The 12-month stock price forecast is $59.33, which is a decrease of -0.39% from the latest price.
News

Buy 3 "Safer" Dividend Kings Of 25 From May's 55
The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kin...

Middlesex Water Company Reports First Quarter 2025 Earnings
Diluted earnings per share (“EPS”) of $0.53 Completed the acquisition of Ocean View water utility assets in Delaware Declared $0.34 common stock cash dividend Invested $19 million in water and wastewa...

Middlesex Water Company Declares Quarterly Cash Dividend
ISELIN, N.J., April 25, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its com...

2025 Dividend Kings: Weathering Tariff Volatility Better Than The Market
The Dividend Kings are outperforming the S&P 500 in 2025 by 8.94%. Top performers include National Fuel & Gas (+28.88%), Consolidated Edison (+28.10%), and Middlesex Water Company (+21.00%). Promising...

Middlesex Water Company to Report First Quarter 2025 Earnings on May 1
ISELIN, N.J., April 21, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) plans to report financial results for the first quarter ended March 31, 2025, after the market close on May 1, 2...

Middlesex Water Subsidiary Tidewater Utilities Completes The Acquisition Of Ocean View Water System
ISELIN, N.J., April 02, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its subsidiary, Tidewater Utilities, Inc. (TUI), completed its acquisition of the water sys...

Middlesex Water: Overvalued Amid High Interest Rates
Middlesex Water faces significant headwinds due to high interest rates, which increase borrowing costs for necessary capital expenditures and infrastructure upgrades. MSEX's high P/E ratio of 25x, des...

Buy 3 'Safer' Dividend Kings Of 25 From March's 55
The article highlights 55 Dividend Kings, noting that five of the top ten by yield offer annual dividends from a $1K investment exceeding their single share prices. Analysts predict top-ten Kingly net...

2025 Dividend Kings: Strong Run Continues
The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings i...

Middlesex Water Company Reports 2024 Financial Results
Diluted earnings per share (“EPS”) of $2.47 for 2024, compared to 2023 earnings of $1.76 Invested $75 million in capital expenditures in 2024 to upgrade, replace and enhance the resiliency of its wate...

Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group a...

Middlesex Water Company Announces Appointment of Brian Hague as new Vice President of Communications & Corporate Affairs
ISELIN, N.J., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) today announced the hiring of Brian Hague as its Vice President of Communications and Corporate Affairs, where he...

Middlesex Water Company to Report 2024 Earnings on February 28, 2025
ISELIN, N.J., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, plans to announce its financial results for the fou...

Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....

Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Secto...

Middlesex Water Faces Valuation Pressure: Analyst Flags Slowing Growth And Rising Regulatory Risks
BofA Securities analyst Ross Fowler initiated coverage on Middlesex Water Company MSEX with an Underperform rating and a price forecast of $56.

Middlesex Water Announces Retirement of G. Christian Andreasen, Vice President, Enterprise Engineering
ISELIN, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the “Company” or “Middlesex”), (Nasdaq:MSEX), a provider of water and wastewater and related services primarily in New Jersey a...

Middlesex Water Names Gregory Sorensen Vice President and Chief Operating Officer
ISELIN, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (Nasdaq:MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, today announced tha...

Middlesex Water Announces Third Quarter 2024 Financial Results
Diluted earnings per share of $0.80 for the quarter, an increase of 42.9% in comparison to the prior year Common dividend increased by 4.62%. ISELIN, N.J.

Middlesex Water Company Increases Common Dividend by 4.62%
ISELIN, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its comm...

Middlesex Water to Report 3rd Quarter 2024 Earnings on October 31
ISELIN, N.J., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, plans to announce its financial results for the thi...

Buy 7 October Dividend Kings, Watch 10 More
A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...

Middlesex Water Company Announces Retirement of Bernadette Sohler, VP of Corporate Affairs
ISELIN, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the “Company” or “Middlesex”), (Nasdaq:MSEX), a provider of water and wastewater and related services primarily in New Jersey a...

Middlesex Water Named a Finalist in the PR Daily Awards
ISELIN, N.J., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce it has been named a finalist...

Middlesex Water Vice President G. Christian Andreasen to Participate in Upcoming Gabelli Funds PFAS Symposium
ISELIN, N.J., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that its Vice President of Enterprise Engineering, G.