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Middlesex Water NasdaqGS:MSEX Stock Report

Last Price

US$52.50

Market Cap

US$933.9m

7D

2.3%

1Y

-32.4%

Updated

28 Mar, 2024

Data

Company Financials +

Middlesex Water Company

NasdaqGS:MSEX Stock Report

Market Cap: US$933.9m

MSEX Stock Overview

Middlesex Water Company owns and operates regulated water utility and wastewater systems.

MSEX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health2/6
Dividends4/6

Middlesex Water Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Middlesex Water
Historical stock prices
Current Share PriceUS$52.50
52 Week HighUS$84.38
52 Week LowUS$48.59
Beta0.74
1 Month Change3.10%
3 Month Change-19.99%
1 Year Change-32.44%
3 Year Change-33.66%
5 Year Change-4.20%
Change since IPO715.53%

Recent News & Updates

Recent updates

Subdued Growth No Barrier To Middlesex Water Company's (NASDAQ:MSEX) Price

Dec 26
Subdued Growth No Barrier To Middlesex Water Company's (NASDAQ:MSEX) Price

Be Wary Of Middlesex Water (NASDAQ:MSEX) And Its Returns On Capital

Dec 05
Be Wary Of Middlesex Water (NASDAQ:MSEX) And Its Returns On Capital

Middlesex Water (NASDAQ:MSEX) Has Announced That It Will Be Increasing Its Dividend To $0.325

Oct 26
Middlesex Water (NASDAQ:MSEX) Has Announced That It Will Be Increasing Its Dividend To $0.325

Middlesex Water (NASDAQ:MSEX) Takes On Some Risk With Its Use Of Debt

Oct 10
Middlesex Water (NASDAQ:MSEX) Takes On Some Risk With Its Use Of Debt

Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Aug 22
Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On Capital

These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt Extensively

May 27
These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt Extensively

Returns On Capital At Middlesex Water (NASDAQ:MSEX) Have Hit The Brakes

May 10
Returns On Capital At Middlesex Water (NASDAQ:MSEX) Have Hit The Brakes

With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Makes An Interesting Case

Mar 12
With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Makes An Interesting Case

Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?

Jan 26
Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?

Investors Could Be Concerned With Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Dec 19
Investors Could Be Concerned With Middlesex Water's (NASDAQ:MSEX) Returns On Capital

With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Makes An Interesting Case

Dec 03
With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Makes An Interesting Case

Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?

Oct 16
Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?

Middlesex Water unit gets contract to manage Avalon water, sewer utility

Aug 17

Middlesex Water GAAP EPS of $0.50, revenue of $39.68M misses by $1.32M

Jul 29

Capital Allocation Trends At Middlesex Water (NASDAQ:MSEX) Aren't Ideal

Jul 26
Capital Allocation Trends At Middlesex Water (NASDAQ:MSEX) Aren't Ideal

Middlesex Water declares $0.29 dividend

Jul 22

Here's Why Middlesex Water (NASDAQ:MSEX) Has Caught The Eye Of Investors

Jun 28
Here's Why Middlesex Water (NASDAQ:MSEX) Has Caught The Eye Of Investors

Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt Burden

Jun 01
Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt Burden

Don't Buy Middlesex Water Just For The Dividend

May 12

Investors Could Be Concerned With Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Mar 21
Investors Could Be Concerned With Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?

Mar 01
Is Middlesex Water (NASDAQ:MSEX) A Risky Investment?

Middlesex Water Is Still Expensive

Jan 31

Here's What's Concerning About Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Dec 10
Here's What's Concerning About Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Do Middlesex Water's (NASDAQ:MSEX) Earnings Warrant Your Attention?

Oct 26
Do Middlesex Water's (NASDAQ:MSEX) Earnings Warrant Your Attention?

Capital Allocation Trends At Middlesex Water (NASDAQ:MSEX) Aren't Ideal

Jul 29
Capital Allocation Trends At Middlesex Water (NASDAQ:MSEX) Aren't Ideal

With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Is Interesting

Jul 14
With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Is Interesting

Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt Burden

Jun 24
Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt Burden

Here's Why Middlesex Water Company's (NASDAQ:MSEX) CEO May Deserve A Raise

May 19
Here's Why Middlesex Water Company's (NASDAQ:MSEX) CEO May Deserve A Raise

Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On Capital

Apr 13
Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On Capital

With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Is Interesting

Apr 01
With EPS Growth And More, Middlesex Water (NASDAQ:MSEX) Is Interesting

Middlesex Water Company (NASDAQ:MSEX) Insiders Have Been Selling

Mar 20
Middlesex Water Company (NASDAQ:MSEX) Insiders Have Been Selling

Middlesex Water (NASDAQ:MSEX) Has A Somewhat Strained Balance Sheet

Mar 08
Middlesex Water (NASDAQ:MSEX) Has A Somewhat Strained Balance Sheet

Shareholder Returns

MSEXUS Water UtilitiesUS Market
7D2.3%2.0%0.4%
1Y-32.4%-16.1%28.8%

Return vs Industry: MSEX underperformed the US Water Utilities industry which returned -16.1% over the past year.

Return vs Market: MSEX underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is MSEX's price volatile compared to industry and market?
MSEX volatility
MSEX Average Weekly Movement4.7%
Water Utilities Industry Average Movement3.7%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: MSEX's share price has been volatile over the past 3 months.

Volatility Over Time: MSEX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1896355Nadine Lesliehttps://www.middlesexwater.com

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.

Middlesex Water Company Fundamentals Summary

How do Middlesex Water's earnings and revenue compare to its market cap?
MSEX fundamental statistics
Market capUS$933.86m
Earnings (TTM)US$31.40m
Revenue (TTM)US$166.27m

29.8x

P/E Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSEX income statement (TTM)
RevenueUS$166.27m
Cost of RevenueUS$83.11m
Gross ProfitUS$83.16m
Other ExpensesUS$51.76m
EarningsUS$31.40m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.76
Gross Margin50.01%
Net Profit Margin18.89%
Debt/Equity Ratio96.1%

How did MSEX perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

71%

Payout Ratio
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