Middlesex Water Company (MSEX)
| Market Cap | 1.20B |
| Revenue (ttm) | 141.59M |
| Net Income (ttm) | 38.31M |
| Shares Out | 17.46M |
| EPS (ttm) | 2.18 |
| PE Ratio | 31.51 |
| Forward PE | 35.59 |
| Dividend | $1.03 |
| Dividend Yield | 1.49% |
| Trading Day | February 26 |
| Last Price | $68.67 |
| Previous Close | $67.52 |
| Change ($) | 1.15 |
| Change (%) | 1.70% |
| Day's Open | 67.57 |
| Day's Range | 67.42 - 70.38 |
| Day's Volume | 147,302 |
| 52-Week Range | 48.06 - 85.64 |
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 Dec...
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 commo...
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.
Here's how the 10 largest dividend-paying water utility stocks stack up.
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 - Operatio...
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 top...
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 AQ...
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 name...
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 p...
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?
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 commo...
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 Confere...
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 ...
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-r...
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...
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 wat...
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?
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 c...
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 ...
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...
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 Fo...
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 an...
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 ...
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...
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 exclus...
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 mo...
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 In...
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 b...
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.
Currently, Middlesex Water (MSEX) is a better investment option than SJW Group (SJW).
In order to increase your chances to come across securities with high potential, you may want to consider those stocks that have beaten the S&P 500 index in terms of higher earnings per share ...
Water utilities are trying to provide 24x7 potable water and wastewater services to customers despite non-payment of dues.
Middlesex Water has been struggling lately, but the selling pressure may be coming to an end soon.
Middlesex Water (MSEX) is trying to maintain and enhance reliable utility services despite the current COVID-19 crisis.
ISELIN, N.J., March 24, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that despite the current COVID-19 crisis, the company is maintaining reliable utility ser...
Water isn't just a necessary resource now but serves a far more urgent purpose as people around the world pay more attention to hand-washing and personal hygiene.
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 |
| CEO Dennis W. Doll CPA | Employees 352 |
| 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 73.33, which is an increase of 6.79% from the latest price.