Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $1.05 billion. The enterprise value is $1.44 billion.
Important Dates
The last earnings date was Thursday, May 1, 2025, after market close.
| Earnings Date | May 1, 2025 |
| Ex-Dividend Date | May 15, 2025 |
Share Statistics
MSEX has 17.92 million shares outstanding. The number of shares has increased by 0.34% in one year.
| Current Share Class | 17.92M |
| Shares Outstanding | 17.92M |
| Shares Change (YoY) | +0.34% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 1.53% |
| Owned by Institutions (%) | 76.72% |
| Float | 17.64M |
Valuation Ratios
The trailing PE ratio is 24.33 and the forward PE ratio is 23.58. MSEX's PEG ratio is 3.78.
| PE Ratio | 24.33 |
| Forward PE | 23.58 |
| PS Ratio | 5.21 |
| Forward PS | 5.23 |
| PB Ratio | 2.28 |
| P/TBV Ratio | 2.34 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 15.94 |
| PEG Ratio | 3.78 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 33.52 |
| EV / Sales | 7.37 |
| EV / EBITDA | 16.06 |
| EV / EBIT | 24.10 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.46, with a Debt / Equity ratio of 0.88.
| Current Ratio | 0.46 |
| Quick Ratio | 0.33 |
| Debt / Equity | 0.88 |
| Debt / EBITDA | 4.37 |
| Debt / FCF | n/a |
| Interest Coverage | 4.45 |
Financial Efficiency
Return on equity (ROE) is 9.80% and return on invested capital (ROIC) is 4.40%.
| Return on Equity (ROE) | 9.80% |
| Return on Assets (ROA) | 2.96% |
| Return on Invested Capital (ROIC) | 4.40% |
| Return on Capital Employed (ROCE) | 5.08% |
| Revenue Per Employee | $543,483 |
| Profits Per Employee | $119,567 |
| Employee Count | 360 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 13.19 |
Taxes
In the past 12 months, MSEX has paid $6.79 million in taxes.
| Income Tax | 6.79M |
| Effective Tax Rate | 13.59% |
Stock Price Statistics
The stock price has increased by +2.13% in the last 52 weeks. The beta is 0.88, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.88 |
| 52-Week Price Change | +2.13% |
| 50-Day Moving Average | 61.52 |
| 200-Day Moving Average | 60.12 |
| Relative Strength Index (RSI) | 43.76 |
| Average Volume (20 Days) | 120,812 |
Short Selling Information
The latest short interest is 497,935, so 2.78% of the outstanding shares have been sold short.
| Short Interest | 497,935 |
| Short Previous Month | 515,975 |
| Short % of Shares Out | 2.78% |
| Short % of Float | 2.82% |
| Short Ratio (days to cover) | 3.53 |
Income Statement
In the last 12 months, MSEX had revenue of $195.65 million and earned $43.04 million in profits. Earnings per share was $2.40.
| Revenue | 195.65M |
| Gross Profit | 102.65M |
| Operating Income | 59.86M |
| Pretax Income | 42.29M |
| Net Income | 43.04M |
| EBITDA | 89.83M |
| EBIT | 59.86M |
| Earnings Per Share (EPS) | $2.40 |
Full Income StatementBalance Sheet
The company has $2.66 million in cash and $395.75 million in debt, giving a net cash position of -$393.09 million or -$21.94 per share.
| Cash & Cash Equivalents | 2.66M |
| Total Debt | 395.75M |
| Net Cash | -393.09M |
| Net Cash Per Share | -$21.94 |
| Equity (Book Value) | 450.66M |
| Book Value Per Share | 25.09 |
| Working Capital | -54.72M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $65.86 million and capital expenditures -$79.14 million, giving a free cash flow of -$13.28 million.
| Operating Cash Flow | 65.86M |
| Capital Expenditures | -79.14M |
| Free Cash Flow | -13.28M |
| FCF Per Share | -$0.74 |
Full Cash Flow StatementMargins
Gross margin is 52.46%, with operating and profit margins of 30.60% and 22.05%.
| Gross Margin | 52.46% |
| Operating Margin | 30.60% |
| Pretax Margin | 25.52% |
| Profit Margin | 22.05% |
| EBITDA Margin | 45.91% |
| EBIT Margin | 30.60% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 2.33%.
| Dividend Per Share | $1.36 |
| Dividend Yield | 2.33% |
| Dividend Growth (YoY) | 4.47% |
| Years of Dividend Growth | 52 |
| Payout Ratio | 56.66% |
| Buyback Yield | -0.34% |
| Shareholder Yield | 1.99% |
| Earnings Yield | 4.10% |
| FCF Yield | -1.27% |
Dividend DetailsAnalyst Forecast
The average price target for MSEX is $61.00, which is 4.47% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.00 |
| Price Target Difference | 4.47% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 | 5 |