Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $997.41 million. The enterprise value is $1.43 billion.
| Market Cap | 997.41M |
| Enterprise Value | 1.43B |
Important Dates
The next estimated earnings date is Friday, October 30, 2026, after market close.
| Earnings Date | Oct 30, 2026 |
| Ex-Dividend Date | Aug 17, 2026 |
Share Statistics
MSEX has 18.84 million shares outstanding. The number of shares has increased by 2.96% in one year.
| Current Share Class | 18.84M |
| Shares Outstanding | 18.84M |
| Shares Change (YoY) | +2.96% |
| Shares Change (QoQ) | +0.87% |
| Owned by Insiders (%) | 2.68% |
| Owned by Institutions (%) | 84.02% |
| Float | 18.33M |
Valuation Ratios
The trailing PE ratio is 20.43 and the forward PE ratio is 18.70. MSEX's PEG ratio is 2.54.
| PE Ratio | 20.43 |
| Forward PE | 18.70 |
| PS Ratio | 4.84 |
| Forward PS | 4.39 |
| PB Ratio | 1.92 |
| P/TBV Ratio | 1.91 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 17.02 |
| PEG Ratio | 2.54 |
Enterprise Valuation
| EV / Earnings | 29.97 |
| EV / Sales | 6.96 |
| EV / EBITDA | 14.78 |
| EV / EBIT | 22.11 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.50, with a Debt / Equity ratio of 0.84.
| Current Ratio | 0.50 |
| Quick Ratio | 0.34 |
| Debt / Equity | 0.84 |
| Debt / EBITDA | 4.48 |
| Debt / FCF | n/a |
| Interest Coverage | 4.27 |
Financial Efficiency
Return on equity (ROE) is 9.77% and return on invested capital (ROIC) is 4.42%.
| Return on Equity (ROE) | 9.77% |
| Return on Assets (ROA) | 2.96% |
| Return on Invested Capital (ROIC) | 4.42% |
| Return on Capital Employed (ROCE) | 4.92% |
| Weighted Average Cost of Capital (WACC) | 6.70% |
| Revenue Per Employee | $521,876 |
| Profits Per Employee | $121,192 |
| Employee Count | 395 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 12.01 |
Taxes
In the past 12 months, MSEX has paid $5.32 million in taxes.
| Income Tax | 5.32M |
| Effective Tax Rate | 10.00% |
Stock Price Statistics
The stock price has decreased by -0.62% in the last 52 weeks. The beta is 0.73, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.73 |
| 52-Week Price Change | -0.62% |
| 50-Day Moving Average | 56.97 |
| 200-Day Moving Average | 53.91 |
| Relative Strength Index (RSI) | 31.64 |
| Average Volume (20 Days) | 121,944 |
Short Selling Information
The latest short interest is 862,662, so 4.58% of the outstanding shares have been sold short.
| Short Interest | 862,662 |
| Short Previous Month | 782,818 |
| Short % of Shares Out | 4.58% |
| Short % of Float | 4.71% |
| Short Ratio (days to cover) | 7.19 |
Income Statement
In the last 12 months, MSEX had revenue of $206.14 million and earned $47.87 million in profits. Earnings per share was $2.59.
| Revenue | 206.14M |
| Gross Profit | 110.61M |
| Operating Income | 64.89M |
| Pretax Income | 53.27M |
| Net Income | 47.87M |
| EBITDA | 97.04M |
| EBIT | 64.89M |
| Earnings Per Share (EPS) | $2.59 |
Balance Sheet
The company has $1.80 million in cash and $438.75 million in debt, with a net cash position of -$436.94 million or -$23.19 per share.
| Cash & Cash Equivalents | 1.80M |
| Total Debt | 438.75M |
| Net Cash | -436.94M |
| Net Cash Per Share | -$23.19 |
| Equity (Book Value) | 522.44M |
| Book Value Per Share | 27.65 |
| Working Capital | -52.67M |
Cash Flow
In the last 12 months, operating cash flow was $58.64 million and capital expenditures -$94.73 million, giving a free cash flow of -$36.09 million.
| Operating Cash Flow | 58.64M |
| Capital Expenditures | -94.73M |
| Depreciation & Amortization | 27.68M |
| Net Borrowing | 23.47M |
| Free Cash Flow | -36.09M |
| FCF Per Share | -$1.92 |
Margins
Gross margin is 53.66%, with operating and profit margins of 31.48% and 23.26%.
| Gross Margin | 53.66% |
| Operating Margin | 31.48% |
| Pretax Margin | 25.84% |
| Profit Margin | 23.26% |
| EBITDA Margin | 47.07% |
| EBIT Margin | 31.48% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 2.72%.
| Dividend Per Share | $1.44 |
| Dividend Yield | 2.72% |
| Dividend Growth (YoY) | 5.88% |
| Years of Dividend Growth | 53 |
| Payout Ratio | 55.59% |
| FCF Payout Ratio | n/a |
| Buyback Yield | -2.96% |
| Shareholder Yield | -0.25% |
| Earnings Yield | 4.80% |
| FCF Yield | -3.62% |
Analyst Forecast
The average price target for MSEX is $61.00, which is 15.25% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.00 |
| Price Target Difference | 15.25% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (3Y) | 9.47% |
| EPS Growth Forecast (3Y) | 11.71% |
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 |
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 |