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Middlesex Water Company (MSEX)

Stock Price: $68.16 USD 0.33 (0.49%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed

Stock Price Chart

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

Analyst Consensus: Buy

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

Year2019201820172016201520142013201220112010
Revenue135138131133126117115110102103
Revenue Growth-2.52%5.58%-1.6%5.46%7.59%2%4.05%8.14%-0.65%-
Gross Profit52.2452.1851.7253.1047.8945.8441.9638.0633.9535.84
Operating Income35.5237.1437.8040.3035.8434.3930.9727.6524.2026.60
Net Income33.8932.4522.8122.7420.0318.4516.6314.4013.4514.33
Shares Outstanding16.6916.3816.3316.2716.1816.0515.8715.7315.6214.65
Earnings Per Share2.011.961.381.381.221.131.030.900.840.96
EPS Growth2.55%42.03%0%13.11%7.96%9.71%14.44%7.14%-12.5%-
Dividend Per Share0.980.910.860.810.780.760.750.740.730.72
Dividend Growth7.14%6.3%6.2%4.13%1.71%1.33%1.35%1.23%1.52%-
Operating Cash Flow36.0545.8642.8447.0751.2132.5733.8129.5722.8425.57
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-53.07-26.23-7.46-0.3025.449.9813.737.99-0.73-4.04
Cash & Equivalents46.505.666.405.735.325.257.3112.046.379.51
Total Debt264209174153142161164171161155
Net Cash / Debt-217-203-168-147-136-156-156-159-155-146
Assets910768661620581576530562538489
Liabilities586519432402375378342380361316
Book Value324249229218207197189182177173
Numbers in millions USD, except per-share numbers.

Company Profile

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.