Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $960.36 million. The enterprise value is $1.37 billion.
Important Dates
The next estimated earnings date is Thursday, April 30, 2026, after market close.
| Earnings Date | Apr 30, 2026 |
| Ex-Dividend Date | Feb 17, 2026 |
Share Statistics
MSEX has 18.52 million shares outstanding. The number of shares has increased by 1.06% in one year.
| Current Share Class | 18.52M |
| Shares Outstanding | 18.52M |
| Shares Change (YoY) | +1.06% |
| Shares Change (QoQ) | +1.55% |
| Owned by Insiders (%) | 1.49% |
| Owned by Institutions (%) | 83.61% |
| Float | 18.24M |
Valuation Ratios
The trailing PE ratio is 21.97 and the forward PE ratio is 19.62. MSEX's PEG ratio is 1.94.
| PE Ratio | 21.97 |
| Forward PE | 19.62 |
| PS Ratio | 4.91 |
| Forward PS | 4.33 |
| PB Ratio | 1.91 |
| P/TBV Ratio | 1.94 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 15.27 |
| PEG Ratio | 1.94 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 32.07 |
| EV / Sales | 7.04 |
| EV / EBITDA | 14.97 |
| EV / EBIT | 23.21 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.45, with a Debt / Equity ratio of 0.84.
| Current Ratio | 0.45 |
| Quick Ratio | 0.33 |
| Debt / Equity | 0.84 |
| Debt / EBITDA | 4.52 |
| Debt / FCF | n/a |
| Interest Coverage | 4.13 |
Financial Efficiency
Return on equity (ROE) is 9.09% and return on invested capital (ROIC) is 4.23%.
| Return on Equity (ROE) | 9.09% |
| Return on Assets (ROA) | 2.82% |
| Return on Invested Capital (ROIC) | 4.23% |
| Return on Capital Employed (ROCE) | 4.64% |
| Weighted Average Cost of Capital (WACC) | 7.20% |
| Revenue Per Employee | $492,896 |
| Profits Per Employee | $108,218 |
| Employee Count | 395 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 12.80 |
Taxes
In the past 12 months, MSEX has paid $4.82 million in taxes.
| Income Tax | 4.82M |
| Effective Tax Rate | 10.12% |
Stock Price Statistics
The stock price has decreased by -13.06% in the last 52 weeks. The beta is 0.86, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.86 |
| 52-Week Price Change | -13.06% |
| 50-Day Moving Average | 52.95 |
| 200-Day Moving Average | 53.57 |
| Relative Strength Index (RSI) | 48.54 |
| Average Volume (20 Days) | 158,852 |
Short Selling Information
The latest short interest is 790,556, so 4.27% of the outstanding shares have been sold short.
| Short Interest | 790,556 |
| Short Previous Month | 856,610 |
| Short % of Shares Out | 4.27% |
| Short % of Float | 4.33% |
| Short Ratio (days to cover) | 6.76 |
Income Statement
In the last 12 months, MSEX had revenue of $194.69 million and earned $42.75 million in profits. Earnings per share was $2.36.
| Revenue | 194.69M |
| Gross Profit | 103.40M |
| Operating Income | 59.05M |
| Pretax Income | 47.64M |
| Net Income | 42.75M |
| EBITDA | 91.54M |
| EBIT | 59.05M |
| Earnings Per Share (EPS) | $2.36 |
Full Income StatementBalance Sheet
The company has $2.80 million in cash and $417.41 million in debt, with a net cash position of -$414.61 million or -$22.38 per share.
| Cash & Cash Equivalents | 2.80M |
| Total Debt | 417.41M |
| Net Cash | -414.61M |
| Net Cash Per Share | -$22.38 |
| Equity (Book Value) | 495.37M |
| Book Value Per Share | 26.67 |
| Working Capital | -52.03M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $62.60 million and capital expenditures -$96.35 million, giving a free cash flow of -$33.76 million.
| Operating Cash Flow | 62.60M |
| Capital Expenditures | -96.35M |
| Depreciation & Amortization | 27.11M |
| Net Borrowing | 31.55M |
| Free Cash Flow | -33.76M |
| FCF Per Share | -$1.82 |
Full Cash Flow StatementMargins
Gross margin is 53.11%, with operating and profit margins of 30.33% and 21.99%.
| Gross Margin | 53.11% |
| Operating Margin | 30.33% |
| Pretax Margin | 24.47% |
| Profit Margin | 21.99% |
| EBITDA Margin | 47.02% |
| EBIT Margin | 30.33% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 2.78%.
| Dividend Per Share | $1.44 |
| Dividend Yield | 2.78% |
| Dividend Growth (YoY) | 5.26% |
| Years of Dividend Growth | 53 |
| Payout Ratio | 59.37% |
| Buyback Yield | -1.06% |
| Shareholder Yield | 1.75% |
| Earnings Yield | 4.47% |
| FCF Yield | -3.53% |
Dividend DetailsAnalyst Forecast
The average price target for MSEX is $60.33, which is 16.36% higher than the current price. The consensus rating is "Buy".
| Price Target | $60.33 |
| Price Target Difference | 16.36% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 7.53% |
| EPS Growth Forecast (5Y) | 9.08% |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |
Stock Splits
The last stock split was on November 17, 2003. It was a forward split with a ratio of 1.33333:1.
| Last Split Date | Nov 17, 2003 |
| Split Type | Forward |
| Split Ratio | 1.33333:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |
