Middlesex Water Company (MSEX)
| Market Cap | 1.39B |
| Revenue (ttm) | 142.37M |
| Net Income (ttm) | 37.54M |
| Shares Out | 17.48M |
| EPS (ttm) | 2.14 |
| PE Ratio | 37.27 |
| Forward PE | 35.97 |
| Dividend | $1.06 |
| Dividend Yield | 1.33% |
| Trading Day | May 14 |
| Last Price | $79.73 |
| Previous Close | $79.03 |
| Change ($) | 0.70 |
| Change (%) | 0.89% |
| Day's Open | 79.69 |
| Day's Range | 79.11 - 80.36 |
| Day's Volume | 45,853 |
| 52-Week Range | 57.55 - 85.34 |
Middlesex Water (MSEX) delivered earnings and revenue surprises of -15.22% and -1.39%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
ISELIN, N.J., May 05, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial re...
These seven utility stocks have strong dividend profiles with predictable revenues which provide steady returns to investors. The post 7 Utility Stocks That Could Pay Your Bills Via Strong Dividends and...
With the Fed maintaining an easy monetary policy, rate-sensitive stocks like Middlesex Water (MSEX), MYR Group (MYRG), California Water Service (CWT), Newmont (NEM) & FrancoNevada (FNV) are likely to gain.
ISELIN, N.J., April 23, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.2725 per share on its common stock p...
To maintain the reliability of its services, Middlesex Water (MSEX) plans to pump $10.2 million starting this April into uplifting the infrastructure of Borough of Metuchen.
ISELIN, N.J., March 19, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that beginning in April 2021, it will be investing $10.2 million to further modernize drinking water ...
ISELIN, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) today announced financial results for the fourth quarter and year ended December 31, ...
Middlesex Water (MSEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ISELIN, N.J., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.2725 per share on its common stock pa...
MSEX shares continue to hover near their highs. The yield is down to just 1.5%, so it isn't attractive from an income perspective.
ISELIN, N.J., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), a provider of water, wastewater and related services, announced today that its Vice President - Operations, Robert...
Water utilities pose a growing investment risk, putting unsuspecting investors at greater peril than other utilities – including the dreaded natural gas utilities. Investors need to assess topics like a...
DOVER, Del., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Tid e w a t er Utilities, Inc., a provider of regulated water services, has earned recognition from the U.S. Environmental Protection Agency's AQU A RIUS p...
ISELIN, N.J., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Dr. Joshua Bershad, Executive Vice President, Physician Services, RWJBarnabas Health and Chief Medical Officer, Rutgers Athletics, has been named to the B...
ISELIN, N.J., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Chairman, President and CEO Dennis W. Doll will be among water industry leaders presenting ...
Rating Reflects MSEX Commitment to Corporate Social Responsibility Rating Reflects MSEX Commitment to Corporate Social Responsibility
Middlesex Water (MSEX) delivered earnings and revenue surprises of 2.86% and 2.36%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Third Quarter Highlights
Middlesex Water (MSEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ISELIN, N.J., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.2725 per share on its common stock, a...
Middlesex Water: The 47-Year Dividend Aristocrat Offers Low Volatility But Limited Returns
ISELIN, N.J., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company has announced that its Chairman, President and CEO Dennis Doll will be participating in a Virtual Utilities Conference hosted...
DOVER, Del., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Tidewater Utilities, Inc. (Tidewater) has been named a 2020 Superstar in Business (60-150 Employee Category) by the Delaware State Chamber of Commerce. ...
While perhaps not as thrilling as the tech startups that make next-generation consumer electronics or fancy cloud computing tools, utility stocks still play a very important role in any well-rounded inv...
Given superior debt to capital, estimate revision & price movement, Middlesex Water (MSEX) seems to have an edge over SJW Group (SJW) and thus, should be retained.
DOVER, Del., Aug. 21, 2020 (GLOBE NEWSWIRE) -- Tidewater Utilities, Inc. (“Tidewater” or the “Company”) has announced the promotion of several key employees as part of its ongoing succession planning ...
Middlesex Water (MSEX) is set to invest $3.7 million to upgrade drinking water mains for providing high-quality services to customers in the Borough of Metuchen, NJ.
ISELIN, N.J., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that beginning September 8, it will begin a $3.7 million project to upgrade drinking water infrast...
Middlesex Water (MSEX) delivered earnings and revenue surprises of 7.84% and 0.79%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Second Quarter Summary
ISELIN, N.J., July 24, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that its Board of Directors has declared a cash dividend of $0.25625 per share on its common stoc...
Middlesex Water (MSEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ISELIN, N.J., July 09, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that construction of its 42” diameter ductile iron water transmission main begun in March of 2018 ha...
ISELIN, N.J., July 01, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), a provider of water, wastewater and related services, announced today it has been selected as one of the Top W...
ISELIN, N.J., June 16, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), has announced that its Chairman, President and CEO Dennis Doll will be participating in the Baird Food, Fuel a...
The Federal Reserve is optimistic about the U.S. economy over the next two years.
ISELIN, N.J., June 09, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), has announced that its Legal Department, headed by Jay L. Kooper, Vice President, General Counsel and Secretar...
As of late, it has definitely been a great time to be an investor in Middlesex Water.
ISELIN, N.J., June 03, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), has announced that through its COVID-19 relief efforts, to date, the Company and its employees have contribute...
Middlesex Water (MSEX) currently appears to be a better water utility stock to add to your portfolio than American States Water (AWR).
ISELIN, N.J., May 28, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX ) today announced that its subsidiary, Utility Service Affiliates, Inc. (USA), has been awarded a ten-year contract ...
Fresh clashes between the two powerful economies amid the pandemic have triggered investors to turn to safe bets, again.
ISELIN, N.J., May 21, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water and wastewater and related services held its Annual Meeting of Shareholders exclusively onli...
ISELIN, N.J., May 12, 2020 (GLOBE NEWSWIRE) -- As many non-residential customer buildings and facilities, including schools, hotels and gyms may have been unoccupied for weeks and perhaps months durin...
ISELIN, N.J., May 06, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has unanimously appointed Walter G. Reinhard as the Lead Independent ...
First Quarter Summary
ISELIN, N.J., April 29, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced a change in the format and location of its upcoming Annual Meeting of Shareholders to be held on ...
Middlesex Water (MSEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About MSEX
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 o... [Read more...]
| Industry Utilities-Regulated Water | Founded 1897 |
| Stock Exchange NASDAQ | Ticker Symbol MSEX |
Financial Performance
In 2020, MSEX's revenue was $141.59 million, an increase of 5.20% compared to the previous year's $134.60 million. Earnings were $38.43 million, an increase of 13.39%.
Analyst Forecasts
According to 2 analysts, the average rating for MSEX stock is "Strong Buy." The 12-month stock price forecast is 80.33, which is an increase of 0.75% from the latest price.