Middlesex Water Company (MSEX)

Market Cap	909.90M
Revenue (ttm)	183.37M
Net Income (ttm)	41.19M
Shares Out	17.86M
EPS (ttm)	2.30
PE Ratio	22.15
Forward PE	21.34
Dividend	$1.36 (2.67%)
Ex-Dividend Date	Feb 18, 2025

Volume	61,509
Open	51.18
Previous Close	50.73
Day's Range	50.36 - 51.43
52-Week Range	45.42 - 70.73
Beta	0.85
Analysts	Sell
Price Target	58.50 (+14.8%)
Earnings Date	Feb 28, 2025

About MSEX

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in Regulated and Non-Regulated segments. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides 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 Jer...

• Industry: Utilities - Regulated Water
• Sector: Utilities
• Founded: 1897
• Employees: 355
• Stock Exchange: NASDAQ
• Ticker Symbol: MSEX
• Website: https://www.middlesexwater.com

Financial Performance

In 2023, Middlesex Water Company's revenue was $166.27 million, an increase of 2.36% compared to the previous year's $162.43 million. Earnings were $31.40 million, a decrease of -25.77%.

Analyst Forecast

According to 2 analysts, the average rating for MSEX stock is "Sell." The 12-month stock price forecast is $58.5, which is an increase of 14.80% from the latest price.

Price Target

$58.5

(14.80% upside)

Analyst Consensus: Sell