Middlesex Water Company (MSEX)

NASDAQ: MSEX · Real-Time Price · USD
59.56
-0.48 (-0.80%)
May 9, 2025, 11:01 AM - Market open
-0.80%
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]

Sector Utilities
Founded 1897
Employees 360
Stock Exchange NASDAQ
Ticker Symbol MSEX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$59.33
(-0.39% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

Other symbols: ADMADPBDXBKHCWTEDFRT
2 days ago - Seeking Alpha

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...

7 days ago - GlobeNewsWire

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...

13 days ago - GlobeNewsWire

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...

Other symbols: ABMABTADMAWRBDXBKHCWT
16 days ago - Seeking Alpha

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...

17 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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...

5 weeks ago - Seeking Alpha

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...

Other symbols: ADMADPBKHEDFRTFTSGRC
5 weeks ago - Seeking Alpha

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...

Other symbols: ABBVABMABTADMAWRBDXBKH
6 weeks ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

Other symbols: ADMBKHCINFEDFRTFTSHRL
2 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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....

Other symbols: ADMAWRBKHCWTEDFRTFTS
4 months ago - Seeking Alpha

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...

Other symbols: ABBVADMBKHCWTEDFTSHRL
5 months ago - Seeking Alpha

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.

5 months ago - Benzinga

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

Other symbols: ADMBKHCWTEDFTSGPCHRL
7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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.

8 months ago - GlobeNewsWire