Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $954.87 million. The enterprise value is $1.38 billion.
Important Dates
The last earnings date was Thursday, April 30, 2026, after market close.
| Earnings Date | Apr 30, 2026 |
| Ex-Dividend Date | May 15, 2026 |
Share Statistics
MSEX has 18.62 million shares outstanding. The number of shares has increased by 1.91% in one year.
| Current Share Class | 18.62M |
| Shares Outstanding | 18.62M |
| Shares Change (YoY) | +1.91% |
| Shares Change (QoQ) | +0.76% |
| Owned by Insiders (%) | 2.75% |
| Owned by Institutions (%) | 81.10% |
| Float | 18.06M |
Valuation Ratios
The trailing PE ratio is 21.37 and the forward PE ratio is 19.11. MSEX's PEG ratio is 2.36.
| PE Ratio | 21.37 |
| Forward PE | 19.11 |
| PS Ratio | 4.80 |
| Forward PS | 4.38 |
| PB Ratio | 1.90 |
| P/TBV Ratio | 1.91 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 15.77 |
| PEG Ratio | 2.36 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 31.47 |
| EV / Sales | 6.94 |
| EV / EBITDA | 14.79 |
| EV / EBIT | 22.79 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.39, with a Debt / Equity ratio of 0.85.
| Current Ratio | 0.39 |
| Quick Ratio | 0.26 |
| Debt / Equity | 0.85 |
| Debt / EBITDA | 4.55 |
| Debt / FCF | n/a |
| Interest Coverage | 4.09 |
Financial Efficiency
Return on equity (ROE) is 9.22% and return on invested capital (ROIC) is 4.26%.
| Return on Equity (ROE) | 9.22% |
| Return on Assets (ROA) | 2.84% |
| Return on Invested Capital (ROIC) | 4.26% |
| Return on Capital Employed (ROCE) | 4.78% |
| Weighted Average Cost of Capital (WACC) | 6.84% |
| Revenue Per Employee | $504,068 |
| Profits Per Employee | $111,078 |
| Employee Count | 395 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 12.32 |
Taxes
In the past 12 months, MSEX has paid $4.94 million in taxes.
| Income Tax | 4.94M |
| Effective Tax Rate | 10.11% |
Stock Price Statistics
The stock price has decreased by -15.06% in the last 52 weeks. The beta is 0.77, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.77 |
| 52-Week Price Change | -15.06% |
| 50-Day Moving Average | 52.73 |
| 200-Day Moving Average | 53.15 |
| Relative Strength Index (RSI) | 44.27 |
| Average Volume (20 Days) | 199,219 |
Short Selling Information
The latest short interest is 771,309, so 4.14% of the outstanding shares have been sold short.
| Short Interest | 771,309 |
| Short Previous Month | 689,829 |
| Short % of Shares Out | 4.14% |
| Short % of Float | 4.27% |
| Short Ratio (days to cover) | 4.36 |
Income Statement
In the last 12 months, MSEX had revenue of $199.11 million and earned $43.88 million in profits. Earnings per share was $2.40.
| Revenue | 199.11M |
| Gross Profit | 105.91M |
| Operating Income | 60.58M |
| Pretax Income | 48.89M |
| Net Income | 43.88M |
| EBITDA | 93.35M |
| EBIT | 60.58M |
| Earnings Per Share (EPS) | $2.40 |
Full Income StatementBalance Sheet
The company has $2.04 million in cash and $428.00 million in debt, with a net cash position of -$425.96 million or -$22.87 per share.
| Cash & Cash Equivalents | 2.04M |
| Total Debt | 428.00M |
| Net Cash | -425.96M |
| Net Cash Per Share | -$22.87 |
| Equity (Book Value) | 502.39M |
| Book Value Per Share | 26.97 |
| Working Capital | -72.83M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $60.55 million and capital expenditures -$98.08 million, giving a free cash flow of -$37.54 million.
| Operating Cash Flow | 60.55M |
| Capital Expenditures | -98.08M |
| Depreciation & Amortization | 27.62M |
| Net Borrowing | 33.45M |
| Free Cash Flow | -37.54M |
| FCF Per Share | -$2.02 |
Full Cash Flow StatementMargins
Gross margin is 53.19%, with operating and profit margins of 30.43% and 22.07%.
| Gross Margin | 53.19% |
| Operating Margin | 30.43% |
| Pretax Margin | 24.56% |
| Profit Margin | 22.07% |
| EBITDA Margin | 46.88% |
| EBIT Margin | 30.43% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 2.81%.
| Dividend Per Share | $1.44 |
| Dividend Yield | 2.81% |
| Dividend Growth (YoY) | 5.58% |
| Years of Dividend Growth | 53 |
| Payout Ratio | 59.18% |
| Buyback Yield | -1.91% |
| Shareholder Yield | 0.92% |
| Earnings Yield | 4.59% |
| FCF Yield | -3.93% |
Dividend DetailsAnalyst Forecast
The average price target for MSEX is $61.33, which is 19.62% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.33 |
| Price Target Difference | 19.62% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 |
