Middlesex Water Company (MSEX)
Stock Price:
$68.16 USD
0.33 (0.49%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
1.19B |
| Revenue (ttm) |
137.55M |
| Net Income (ttm) |
36.57M |
| Shares Out |
17.44M |
| EPS (ttm) |
2.11 |
| PE Ratio |
32.30 |
| Forward PE |
30.77 |
| Dividend |
$1.02 |
| Dividend Yield |
1.50% |
Stock Quote
| Trading Day |
Aug 12, 2020 |
| Last Price |
$68.16 |
| Previous Close |
$67.83 |
| Change ($) |
0.33 |
| Change (%) |
0.49% |
| Day's Open |
- |
| Day's Range |
67.28 - 69.36 |
| Day's Volume |
34,624 |
| 52-Week Range |
48.79 - 72.41 |
More Stats
| Market Cap |
1.19B |
| Enterprise Value |
1.44B |
| Earnings Date (est) |
Oct 30, 2020 |
| Ex-Dividend Date |
Aug 13, 2020 |
| Shares Outstanding |
17.44M |
| Float |
16.85M |
| EPS (basic) |
2.12 |
| EPS (diluted) |
2.11 |
| FCF / Share |
-3.07 |
| Dividend |
$1.02 |
| Dividend Yield |
1.50% |
| Earnings Yield |
3.10% |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
309,799 |
| Short Ratio |
5.91 |
| Short % of Float |
1.94% |
| Beta |
0.23 |
| PE Ratio |
32.30 |
| Forward PE |
30.77 |
| P/FCF Ratio |
n/a |
| PS Ratio |
8.65 |
| PB Ratio |
3.46 |
| Revenue |
137.55M |
| Operating Income |
35.45M |
| Net Income |
36.57M |
| Free Cash Flow |
-53.59M |
| Net Cash |
-245.98M |
| Net Cash / Share |
-14.08 |
| Gross Margin |
48.94% |
| Operating Margin |
25.77% |
| Profit Margin |
26.50% |
| FCF Margin |
-38.96% |
| ROA |
2.49% |
| ROE |
12.17% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (3)
| Buy |
2 |
| Overweight |
1 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$71.33*
(4.65% upside)
Low
69.0
Current: $68.16
High
73.0
Target: 71.33
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 135 | 138 | 131 | 133 | 126 | 117 | 115 | 110 | 102 | 103 |
| Revenue Growth | -2.52% | 5.58% | -1.6% | 5.46% | 7.59% | 2% | 4.05% | 8.14% | -0.65% | - |
| Gross Profit | 52.24 | 52.18 | 51.72 | 53.10 | 47.89 | 45.84 | 41.96 | 38.06 | 33.95 | 35.84 |
| Operating Income | 35.52 | 37.14 | 37.80 | 40.30 | 35.84 | 34.39 | 30.97 | 27.65 | 24.20 | 26.60 |
| Net Income | 33.89 | 32.45 | 22.81 | 22.74 | 20.03 | 18.45 | 16.63 | 14.40 | 13.45 | 14.33 |
| Shares Outstanding | 16.69 | 16.38 | 16.33 | 16.27 | 16.18 | 16.05 | 15.87 | 15.73 | 15.62 | 14.65 |
| Earnings Per Share | 2.01 | 1.96 | 1.38 | 1.38 | 1.22 | 1.13 | 1.03 | 0.90 | 0.84 | 0.96 |
| EPS Growth | 2.55% | 42.03% | 0% | 13.11% | 7.96% | 9.71% | 14.44% | 7.14% | -12.5% | - |
| Dividend Per Share | 0.98 | 0.91 | 0.86 | 0.81 | 0.78 | 0.76 | 0.75 | 0.74 | 0.73 | 0.72 |
| Dividend Growth | 7.14% | 6.3% | 6.2% | 4.13% | 1.71% | 1.33% | 1.35% | 1.23% | 1.52% | - |
| Operating Cash Flow | 36.05 | 45.86 | 42.84 | 47.07 | 51.21 | 32.57 | 33.81 | 29.57 | 22.84 | 25.57 |
| Capital Expenditures | -89.13 | -72.09 | -50.30 | -47.38 | -25.77 | -22.60 | -20.08 | -21.58 | -23.56 | -29.60 |
| Free Cash Flow | -53.07 | -26.23 | -7.46 | -0.30 | 25.44 | 9.98 | 13.73 | 7.99 | -0.73 | -4.04 |
| Cash & Equivalents | 46.50 | 5.66 | 6.40 | 5.73 | 5.32 | 5.25 | 7.31 | 12.04 | 6.37 | 9.51 |
| Total Debt | 264 | 209 | 174 | 153 | 142 | 161 | 164 | 171 | 161 | 155 |
| Net Cash / Debt | -217 | -203 | -168 | -147 | -136 | -156 | -156 | -159 | -155 | -146 |
| Assets | 910 | 768 | 661 | 620 | 581 | 576 | 530 | 562 | 538 | 489 |
| Liabilities | 586 | 519 | 432 | 402 | 375 | 378 | 342 | 380 | 361 | 316 |
| Book Value | 324 | 249 | 229 | 218 | 207 | 197 | 189 | 182 | 177 | 173 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Middlesex Water Company |
| Country |
United States |
| Employees |
352 |
| CEO |
Dennis W. Doll |
Stock Information
| Ticker Symbol |
MSEX |
| Stock Exchange |
NASDAQ |
| Sector |
Utilities |
| Industry |
Utilities—Regulated Water |
| Unique Identifier |
NASDAQ: MSEX |
Description
Middlesex Water Company owns and operates regulated water utility and wastewater systems. 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 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.