Middlesex Water Company (MSEX)

Middlesex Water Company Stock Forecast

Stock Price Forecast

The 4 analysts that cover Middlesex Water Company stock have a consensus rating of "Buy" and an average price target of $61, which forecasts a 5.15% increase in the stock price over the next year. The lowest target is $56 and the highest is $66.

Price Target: $61 (+5.15%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$56	$61	$61	$66
Change	-3.46%	+5.15%	+5.15%	+13.77%

* Price targets were last updated on May 12, 2025.

Analyst Ratings

The average analyst rating for Middlesex Water Company stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Gaugler Janney Montgomery Scott	Janney Montgomery Scott	Hold → Strong Buy Upgrades $66	Hold → Strong Buy	Upgrades	$66	+13.77%	May 12, 2025
Michael Gaugler Janney Montgomery Scott	Janney Montgomery Scott	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Apr 4, 2025
Davis Sunderland Baird	Baird	Hold → Buy Upgrades $61	Hold → Buy	Upgrades	$61	+5.15%	Mar 3, 2025
Ross Fowler B of A Securities	B of A Securities	Sell Initiates $56	Sell	Initiates	$56	-3.46%	Dec 11, 2024
Ben Kallo Baird	Baird	Hold Maintains $58 → $61	Hold	Maintains	$58 → $61	+5.15%	Nov 1, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

202.35M

Increased by 5.46%

from 191.88M

Revenue Next Year

220.03M

Increased by 8.74%

from 202.35M

EPS This Year

2.50

Increased by 1.13%

from 2.47

EPS Next Year

2.77

Increased by 11.04%

from 2.50

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	141.59M	143.14M	162.43M	166.27M	191.88M	202.35M	220.03M
Revenue Growth	5.20%	1.09%	13.48%	2.36%	15.40%	5.46%	8.74%
EPS	2.18	2.07	2.39	1.76	2.47	2.50	2.77
EPS Growth	8.60%	-5.08%	15.44%	-26.30%	39.94%	1.13%	11.04%
Forward PE	-	-	-	-	-	23.24	20.93
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	216.9M	241.3M
Avg	202.4M	220.0M
Low	186.7M	199.3M

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.1%	19.2%
Avg	5.5%	8.7%
Low	-2.7%	-1.5%

EPS Forecast

EPS	2025	2026	2027
High	2.64	2.97
Avg	2.50	2.77
Low	2.35	2.58

EPS Growth

EPS Growth	2025	2026	2027
High	6.8%	19.1%
Avg	1.1%	11.0%
Low	-4.7%	3.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.