NASDAQ:MSEX Middlesex Water (MSEX) Stock Price, News & Analysis $62.02 -0.88 (-1.40%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$61.97▼$63.1050-Day Range$52.74▼$66.8652-Week Range$45.42▼$74.86Volume43,790 shsAverage Volume145,488 shsMarket Capitalization$1.11 billionP/E Ratio30.70Dividend Yield2.10%Price Target$58.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Middlesex Water alerts: Email Address Middlesex Water MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside6.5% Downside$58.00 Price TargetShort InterestHealthy4.58% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth6.79%From $2.21 to $2.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.53 out of 5 starsUtilities Sector79th out of 93 stocksWater Supply Industry11th out of 12 stocks 1.0 Analyst's Opinion Consensus RatingMiddlesex Water has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageMiddlesex Water has only been the subject of 2 research reports in the past 90 days.Read more about Middlesex Water's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.58% of the float of Middlesex Water has been sold short.Short Interest Ratio / Days to CoverMiddlesex Water has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Middlesex Water has recently decreased by 10.02%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldMiddlesex Water pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMiddlesex Water has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Middlesex Water is 64.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Middlesex Water will have a dividend payout ratio of 55.08% next year. This indicates that Middlesex Water will be able to sustain or increase its dividend.Read more about Middlesex Water's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MSEX. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Middlesex Water this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for MSEX on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Middlesex Water insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.86% of the stock of Middlesex Water is held by insiders.Percentage Held by Institutions79.52% of the stock of Middlesex Water is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Middlesex Water's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Middlesex Water are expected to grow by 6.79% in the coming year, from $2.21 to $2.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Middlesex Water is 30.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Middlesex Water is 30.70, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.14.Price to Book Value per Share RatioMiddlesex Water has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Middlesex Water's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Middlesex Water Stock (NASDAQ:MSEX)Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in Regulated and Non-Regulated segments. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey.Read More MSEX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MSEX Stock News HeadlinesSeptember 5 at 4:05 PM | globenewswire.comMiddlesex Water General Counsel, Jay L. Kooper, Named a 2024 New Jersey Legal Awards FinalistAugust 30, 2024 | globenewswire.comTidewater Utilities Files for Rate AdjustmentSeptember 7, 2024 | Golden Crest (Ad)Biden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.July 31, 2024 | investorplace.comMSEX Stock Earnings: Middlesex Water Misses EPS, Misses Revenue for Q2 2024July 31, 2024 | gurufocus.comMiddlesex Water Co (MSEX) Q2 2024 Earnings: EPS of $0.59 Misses Estimates, Revenue at $49.1MJuly 31, 2024 | globenewswire.comMiddlesex Water Announces Second Quarter 2024 ResultsJuly 24, 2024 | globenewswire.comMiddlesex Water Company Declares Quarterly Cash DividendJune 22, 2024 | investorplace.com7 Water Stocks to Buy Now: June 2024September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.June 12, 2024 | investorplace.comThe 3 Best Water Stocks to Buy in June 2024June 10, 2024 | globenewswire.comMiddlesex Water Company Names New Chief Financial OfficerJune 6, 2024 | globenewswire.comMiddlesex Water Company Unveils $9.7 Million Initiative to Enhance Water Infrastructure in WoodbridgeMay 30, 2024 | globenewswire.comMiddlesex Water Chairman, Dennis Doll, Honored with NJUA Distinguished Service AwardMay 22, 2024 | globenewswire.comMiddlesex Water Holds Annual Shareholders MeetingMay 9, 2024 | investorplace.comMSEX Stock Earnings: Middlesex Water Beats EPS, Misses Revenue for Q1 2024May 8, 2024 | sfgate.comMiddlesex Water: Q1 Earnings SnapshotMay 8, 2024 | globenewswire.comMiddlesex Water Announces First Quarter 2024 ResultsApril 25, 2024 | globenewswire.comMiddlesex Water Company Declares Quarterly Cash DividendSee More Headlines Receive MSEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Middlesex Water and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/31/2024Ex-Dividend for 9/3 Dividend8/15/2024Dividend Payable9/03/2024Today9/07/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorUtilities Industry Water supply Sub-IndustryWater Utilities Current SymbolNASDAQ:MSEX CUSIP59668010 CIK66004 Webwww.middlesexwater.com Phone(732) 634-1500Fax732-638-7515Employees350Year Founded1897Price Target and Rating Average Stock Price Target$58.00 High Stock Price Target$58.00 Low Stock Price Target$58.00 Potential Upside/Downside-6.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio30.70 Forward P/E Ratio28.06 P/E GrowthN/ANet Income$31.52 million Net Margins21.14% Pretax Margin24.17% Return on Equity8.69% Return on Assets2.96% Debt Debt-to-Equity Ratio0.82 Current Ratio0.90 Quick Ratio0.85 Sales & Book Value Annual Sales$174.99 million Price / Sales6.32 Cash Flow$3.37 per share Price / Cash Flow18.40 Book Value$24.28 per share Price / Book2.55Miscellaneous Outstanding Shares17,829,000Free Float17,497,000Market Cap$1.11 billion OptionableOptionable Beta0.79 Social Links The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. A. Bruce O'Connor CPA (Age 65)Senior VP, Treasurer & CFO Comp: $686.49kMr. Robert K. Fullagar (Age 57)Vice President of Operations Comp: $314.74kMs. Georgia M. Simpson (Age 50)VP of Information Technology & CTO Comp: $325.56kMr. Jay L. Kooper Esq. (Age 51)VP, General Counsel & Secretary Comp: $399.69kMs. Nadine M. Duchemin-Leslie (Age 61)President, CEO & Director Mr. Robert J. Capko (Age 50)Corporate Controller & Principal Accounting Officer Ms. Lorrie Beth Ginegaw (Age 49)Vice President of Human Resources Comp: $252.13kMr. Bruce E. Patrick P.E. (Age 55)President of Tidewater Utilities, Inc. More ExecutivesKey CompetitorsAquaVentureNYSE:WAASCalifornia Water Service GroupNYSE:CWTAmerican States WaterNYSE:AWRSJW GroupNYSE:SJWYork WaterNASDAQ:YORWView All CompetitorsInsiders & InstitutionsDuff & Phelps Investment Management Co.Bought 38,570 shares on 8/16/2024Ownership: 0.216%Creative PlanningSold 819 shares on 8/16/2024Ownership: 0.044%The Manufacturers Life Insurance Company Bought 767 shares on 8/15/2024Ownership: 0.052%Marshall Wace LLPBought 580 shares on 8/14/2024Ownership: 0.138%Squarepoint Ops LLCBought 421 shares on 8/14/2024Ownership: 0.053%View All Insider TransactionsView All Institutional Transactions MSEX Stock Analysis - Frequently Asked Questions How have MSEX shares performed this year? Middlesex Water's stock was trading at $65.62 at the beginning of the year. Since then, MSEX stock has decreased by 5.5% and is now trading at $62.02. View the best growth stocks for 2024 here. How were Middlesex Water's earnings last quarter? Middlesex Water (NASDAQ:MSEX) announced its earnings results on Wednesday, July, 31st. The utilities provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.05. The utilities provider had revenue of $49.15 million for the quarter, compared to analyst estimates of $47 million. Middlesex Water had a net margin of 21.14% and a trailing twelve-month return on equity of 8.69%. What is Dennis W. Doll's approval rating as Middlesex Water's CEO? 5 employees have rated Middlesex Water Chief Executive Officer Dennis W. Doll on Glassdoor.com. Dennis W. Doll has an approval rating of 82% among the company's employees. Who are Middlesex Water's major shareholders? Middlesex Water's top institutional shareholders include Dimensional Fund Advisors LP (2.54%), Renaissance Technologies LLC (1.47%), Bank of New York Mellon Corp (1.23%) and ProShare Advisors LLC (0.72%). Insiders that own company stock include James F Jr Cosgrove, Walter G Reinhard, Bernadette M Sohler, Robert John Capko, Lorrie Beth Ginegaw, G Christian Jr Andreasen, Kim C Hanemann and Dennis W Doll. View institutional ownership trends. How do I buy shares of Middlesex Water? Shares of MSEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Middlesex Water own? Based on aggregate information from My MarketBeat watchlists, some other companies that Middlesex Water investors own include Pfizer (PFE), Realty Income (O), Southern (SO), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED) and Gilead Sciences (GILD). 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