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Middlesex Water Company (MSEX)

Stock Price: $68.67 USD 1.15 (1.70%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
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

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GlobeNewsWire - 1 day ago

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...

Zacks Investment Research - 1 week ago

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.

GlobeNewsWire - 4 weeks ago

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...

Seeking Alpha - 1 month ago

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.

The Motley Fool - 2 months ago

Here's how the 10 largest dividend-paying water utility stocks stack up.

Other stocks mentioned: ARTNA, AWK, AWR, CWT, GWRS, SBS, SJW, WTRG, YORW
GlobeNewsWire - 2 months ago

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...

Seeking Alpha - 2 months ago

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...

Other stocks mentioned: AQN, ARTNA, AWK, AWR, CWCO, CWT, SJW, WTRG, YORW
GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 3 months ago

Rating Reflects MSEX Commitment to Corporate Social Responsibility Rating Reflects MSEX Commitment to Corporate Social Responsibility

Zacks Investment Research - 3 months ago

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?

GlobeNewsWire - 3 months ago

Third Quarter Highlights

Zacks Investment Research - 3 months ago

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.

GlobeNewsWire - 4 months ago

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...

Seeking Alpha - 4 months ago

Middlesex Water: The 47-Year Dividend Aristocrat Offers Low Volatility But Limited Returns

GlobeNewsWire - 5 months ago

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...

GlobeNewsWire - 5 months ago

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 ...

Kiplinger - 5 months ago

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...

Other stocks mentioned: AES, BEP, EIX, IDA, NOVA, NRG, OTTR, RGCO, UGI, VST
Zacks Investment Research - 5 months ago

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.

Other stocks mentioned: SJW
GlobeNewsWire - 6 months ago

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...

Zacks Investment Research - 6 months ago

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.

GlobeNewsWire - 6 months ago

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...

Zacks Investment Research - 6 months ago

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?

GlobeNewsWire - 6 months ago

Second Quarter Summary

GlobeNewsWire - 7 months ago

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...

Zacks Investment Research - 7 months ago

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.

GlobeNewsWire - 7 months ago

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 ...

GlobeNewsWire - 7 months ago

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...

GlobeNewsWire - 8 months ago

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...

Zacks Investment Research - 8 months ago

The Federal Reserve is optimistic about the U.S. economy over the next two years.

Other stocks mentioned: AT, BZH, MTH
GlobeNewsWire - 8 months ago

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...

Zacks Investment Research - 8 months ago

As of late, it has definitely been a great time to be an investor in Middlesex Water.

GlobeNewsWire - 8 months ago

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 ...

Zacks Investment Research - 8 months ago

Middlesex Water (MSEX) currently appears to be a better water utility stock to add to your portfolio than American States Water (AWR).

Other stocks mentioned: AWR
GlobeNewsWire - 8 months ago

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...

Zacks Investment Research - 9 months ago

Fresh clashes between the two powerful economies amid the pandemic have triggered investors to turn to safe bets, again.

Other stocks mentioned: CLX, MGPI
GlobeNewsWire - 9 months ago

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...

GlobeNewsWire - 9 months ago

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...

GlobeNewsWire - 9 months ago

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...

GlobeNewsWire - 9 months ago

First Quarter Summary

GlobeNewsWire - 9 months ago

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...

Zacks Investment Research - 9 months ago

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.

Zacks Investment Research - 10 months ago

Currently, Middlesex Water (MSEX) is a better investment option than SJW Group (SJW).

Other stocks mentioned: SJW
GuruFocus - 10 months ago

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 ...

Other stocks mentioned: CSX, MDLZ
Zacks Investment Research - 10 months ago

Water utilities are trying to provide 24x7 potable water and wastewater services to customers despite non-payment of dues.

Other stocks mentioned: ARTNA, AWK, WTRG
Zacks Investment Research - 10 months ago

Middlesex Water has been struggling lately, but the selling pressure may be coming to an end soon.

Zacks Investment Research - 11 months ago

Middlesex Water (MSEX) is trying to maintain and enhance reliable utility services despite the current COVID-19 crisis.

GlobeNewsWire - 11 months ago

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...

Zacks Investment Research - 11 months ago

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.

Other stocks mentioned: AWR, PRMW

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$73.33
(6.79% upside)
Analyst Consensus: Strong Buy