Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $1.11 billion. The enterprise value is $1.55 billion.
| Market Cap | 1.11B |
| Enterprise Value | 1.55B |
Important Dates
The last earnings date was Thursday, October 29, 2026, after market close.
| Earnings Date | Oct 29, 2026 |
| Ex-Dividend Date | Nov 16, 2026 |
Share Statistics
MSEX has 19.13 million shares outstanding. The number of shares has increased by 3.87% in one year.
| Current Share Class | 19.13M |
| Shares Outstanding | 19.13M |
| Shares Change (YoY) | +3.87% |
| Shares Change (QoQ) | +1.54% |
| Owned by Insiders (%) | 2.53% |
| Owned by Institutions (%) | 83.83% |
| Float | 18.64M |
Valuation Ratios
The trailing PE ratio is 20.91 and the forward PE ratio is 20.19. MSEX's PEG ratio is 2.55.
| PE Ratio | 20.91 |
| Forward PE | 20.19 |
| PS Ratio | 5.25 |
| Forward PS | 4.84 |
| PB Ratio | 2.05 |
| P/TBV Ratio | 2.03 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 16.03 |
| PEG Ratio | 2.55 |
Enterprise Valuation
| EV / Earnings | 29.84 |
| EV / Sales | 7.30 |
| EV / EBITDA | 15.38 |
| EV / EBIT | 22.32 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.51, with a Debt / Equity ratio of 0.80.
| Current Ratio | 0.51 |
| Quick Ratio | 0.35 |
| Debt / Equity | 0.80 |
| Debt / EBITDA | 4.31 |
| Debt / FCF | n/a |
| Interest Coverage | 4.57 |
Financial Efficiency
Return on equity (ROE) is 10.07% and return on invested capital (ROIC) is 4.60%.
| Return on Equity (ROE) | 10.07% |
| Return on Assets (ROA) | 3.10% |
| Return on Invested Capital (ROIC) | 4.60% |
| Return on Capital Employed (ROCE) | 5.15% |
| Weighted Average Cost of Capital (WACC) | 6.66% |
| Revenue Per Employee | $537,354 |
| Profits Per Employee | $131,499 |
| Employee Count | 395 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 11.62 |
Taxes
In the past 12 months, MSEX has paid $6.33 million in taxes.
| Income Tax | 6.33M |
| Effective Tax Rate | 10.86% |
Stock Price Statistics
The stock price has increased by +9.75% in the last 52 weeks. The beta is 0.69, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.69 |
| 52-Week Price Change | +9.75% |
| 50-Day Moving Average | 55.57 |
| 200-Day Moving Average | 54.39 |
| Relative Strength Index (RSI) | 56.71 |
| Average Volume (20 Days) | 139,501 |
Short Selling Information
The latest short interest is 730,973, so 3.82% of the outstanding shares have been sold short.
| Short Interest | 730,973 |
| Short Previous Month | 808,287 |
| Short % of Shares Out | 3.82% |
| Short % of Float | 3.92% |
| Short Ratio (days to cover) | 5.00 |
Income Statement
In the last 12 months, MSEX had revenue of $212.26 million and earned $51.94 million in profits. Earnings per share was $2.78.
| Revenue | 212.26M |
| Gross Profit | 115.60M |
| Operating Income | 69.44M |
| Pretax Income | 58.34M |
| Net Income | 51.94M |
| EBITDA | 100.78M |
| EBIT | 69.44M |
| Earnings Per Share (EPS) | $2.78 |
Balance Sheet
The company has $1.70 million in cash and $438.06 million in debt, with a net cash position of -$436.37 million or -$22.81 per share.
| Cash & Cash Equivalents | 1.70M |
| Total Debt | 438.06M |
| Net Cash | -436.37M |
| Net Cash Per Share | -$22.81 |
| Equity (Book Value) | 548.71M |
| Book Value Per Share | 28.63 |
| Working Capital | -53.69M |
Cash Flow
In the last 12 months, operating cash flow was $69.48 million and capital expenditures -$108.74 million, giving a free cash flow of -$39.27 million.
| Operating Cash Flow | 69.48M |
| Capital Expenditures | -108.74M |
| Depreciation & Amortization | 27.60M |
| Net Borrowing | 24.29M |
| Free Cash Flow | -39.27M |
| FCF Per Share | -$2.05 |
Margins
Gross margin is 54.46%, with operating and profit margins of 32.71% and 24.50%.
| Gross Margin | 54.46% |
| Operating Margin | 32.71% |
| Pretax Margin | 27.49% |
| Profit Margin | 24.50% |
| EBITDA Margin | 47.48% |
| EBIT Margin | 32.71% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.52, which amounts to a dividend yield of 2.62%.
| Dividend Per Share | $1.52 |
| Dividend Yield | 2.62% |
| Dividend Growth (YoY) | 5.80% |
| Years of Dividend Growth | 53 |
| Payout Ratio | 54.72% |
| FCF Payout Ratio | n/a |
| Buyback Yield | -3.87% |
| Shareholder Yield | -1.26% |
| Earnings Yield | 4.78% |
| FCF Yield | -3.53% |
Analyst Forecast
The average price target for MSEX is $61.00, which is 5.02% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.00 |
| Price Target Difference | 5.02% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (3Y) | 9.63% |
| EPS Growth Forecast (3Y) | 11.48% |
Fair 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 | |
| Graham Formula Value | |
| Graham Formula 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 | 5 |