View ValuationMiddlesex Water 향후 성장Future 기준 점검 1/6Middlesex Water은 연간 수입과 매출이 각각 12.6%와 8.9% 증가할 것으로 예상되고 EPS는 연간 9.9%만큼 증가할 것으로 예상됩니다.핵심 정보12.6%이익 성장률9.95%EPS 성장률Water Utilities 이익 성장10.2%매출 성장률8.9%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트15 May 2026최근 향후 성장 업데이트Price Target Changed • Apr 19Price target increased by 7.1% to US$60.00Up from US$56.00, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$51.31. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$2.56 for next year compared to US$2.36 last year.Price Target Changed • Apr 11Price target increased by 8.7% to US$66.33Up from US$61.00, the current price target is an average from 3 analysts. New target price is 6.7% above last closing price of US$62.14. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$2.53 for next year compared to US$2.48 last year.Price Target Changed • Jun 02Price target decreased by 19% to US$62.50Down from US$77.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$53.88. Stock is down 35% over the past year. The company posted earnings per share of US$1.77 last year.Price Target Changed • Mar 01Price target decreased by 7.7% to US$72.00Down from US$78.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of US$51.30. Stock is down 32% over the past year. The company posted earnings per share of US$1.77 last year.Price Target Changed • Oct 16Price target decreased by 9.6% to US$80.50Down from US$89.00, the current price target is an average from 2 analysts. New target price is 22% above last closing price of US$65.72. Stock is down 21% over the past year. The company posted earnings per share of US$2.40 last year.Price Target Changed • May 03Price target decreased by 8.2% to US$89.00Down from US$97.00, the current price target is an average from 2 analysts. New target price is 28% above last closing price of US$69.37. Stock is down 20% over the past year. The company posted earnings per share of US$2.40 last year.모든 업데이트 보기Recent updatesReported Earnings • May 01First quarter 2026 earnings: EPS in line with expectations, revenues disappointFirst quarter 2026 results: EPS: US$0.57 (up from US$0.53 in 1Q 2025). Revenue: US$48.7m (up 10.0% from 1Q 2025). Net income: US$10.6m (up 12% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 29Fourth quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 15th May 2026 Payment date: 1st June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 25Middlesex Water Company Declares Quarterly Cash Dividend, Payable on June 1, 2026Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per share on its common stock, payable June 1, 2026 to shareholders of record as of May 15, 2026.Price Target Changed • Apr 19Price target increased by 7.1% to US$60.00Up from US$56.00, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$51.31. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$2.56 for next year compared to US$2.36 last year.공시 • Apr 17Middlesex Water Company to Report Q1, 2026 Results on Apr 30, 2026Middlesex Water Company announced that they will report Q1, 2026 results After-Market on Apr 30, 2026공시 • Apr 07Middlesex Water Company, Annual General Meeting, May 19, 2026Middlesex Water Company, Annual General Meeting, May 19, 2026.공시 • Mar 27Middlesex Water Company Announces Executive ChangesMiddlesex Water Company announced that Mrs. Tatyana Kaplan joined the company as Chief Accounting Officer, effective March 26, 2026. Mrs. Kaplan was most recently the Director of Accounting for Veolia North America regulated utility business where she led the regulatory accounting and reporting across six different jurisdictions. In addition, she played a critical role in the development and execution of the accounting and finance transformation roadmap. Prior to joining Veolia, she was the Associate Manager at Prudential Financial Inc. responsible for external financial reporting. Prior to joining Prudential Financial Inc., she was a Senior Associate at PricewaterhouseCoopers LLP in the power and utilities sector. Mrs. Kaplan is a Certified Public Accountant. She attended Leonard N. Stern School of Business at New York University, where she received a Bachelor of Science in Finance and a Master of Science in Accounting. In addition, Middlesex Water Company announced the departure of Mr. Robert J. Capko from the Principal Accounting Officer position. Mr. Capko will remain an employee of the Company as the Corporate Controller.Reported Earnings • Feb 22Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$2.36 (down from US$2.48 in FY 2024). Revenue: US$194.7m (up 1.5% from FY 2024). Net income: US$42.7m (down 3.4% from FY 2024). Profit margin: 22% (down from 23% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공시 • Feb 14Middlesex Water Company to Report Q4, 2025 Results on Feb 19, 2026Middlesex Water Company announced that they will report Q4, 2025 results After-Market on Feb 19, 2026Upcoming Dividend • Feb 13Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 17 February 2026. Payment date: 02 March 2026. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (2.9%).Declared Dividend • Jan 30Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 17th February 2026 Payment date: 2nd March 2026 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Jan 28Middlesex Water Company Declares Quarterly Cash Dividend, Payable on March 2, 2026Middlesex Water Company announced that its Board of Directors declared a quarterly cash dividend of $0.36 per share on its common stock, payable March 2, 2026 to shareholders of record as of February 17, 2026.분석 기사 • Jan 15These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Jan 09Middlesex Water Company: Others Were More Attractive, But This Is Getting ThereSummary Middlesex Water Company has typically held less appeal than some undervalued peers in the sector - that may be about to change following the recent results. I look at the company as an investment potential for the year of 2026. Learn why I believe that MSEX is now a potentially better investment than other companies in the field, and if there are companies that I view as better-suited. Read the full article on Seeking Alpha공시 • Dec 24Middlesex Water Company Announces the Appointment of Robert Hoglund to Its Board of Directors, Effective January 1, 2026Middlesex Water Company announced the appointment of Robert Hoglund to its Board of Directors, effective January 1, 2026. Over his career, Mr. Hoglund has held several senior financial leadership roles, including more than 18 years as Chief Financial Officer of Consolidated Edison Inc. He previously served as a Managing Director in Citigroup's Mergers & Acquisitions Group, advising Fortune 500 utilities and energy companies on mergers, acquisitions, divestitures, restructurings, and multi-billion-dollar equity and debt financings. Mr. Hoglund remains actively engaged in corporate governance, serving on boards and advising on finance modernization, enterprise risk management, and investor engagement. His current work reflects a continued commitment to strengthening financial resilience and guiding organizations through complex utility, energy transition, and capital markets challenges. His professional background is complemented by service in the nonprofit sector, long-standing involvement in executive development programs, and a personal commitment to supporting the next generation of leaders in the utility and financial industries.분석 기사 • Nov 20Slowing Rates Of Return At Middlesex Water (NASDAQ:MSEX) Leave Little Room For ExcitementWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Upcoming Dividend • Nov 12Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 17 November 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (2.8%).분석 기사 • Nov 03Middlesex Water's (NASDAQ:MSEX) Upcoming Dividend Will Be Larger Than Last Year'sMiddlesex Water Company ( NASDAQ:MSEX ) will increase its dividend on the 1st of December to $0.36, which is 5.9...Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: US$0.77 (down from US$0.80 in 3Q 2024). Revenue: US$54.1m (down 1.8% from 3Q 2024). Net income: US$13.9m (down 2.4% from 3Q 2024). Profit margin: 26% (in line with 3Q 2024). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Declared Dividend • Oct 29Second quarter dividend increased to US$0.36Dividend of US$0.36 is 5.9% higher than last year. Ex-date: 17th November 2025 Payment date: 1st December 2025 Dividend yield will be 2.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.3% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Oct 25Middlesex Water Company Increases Common Dividend, Payable on December 1, 2025Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per share on its common stock, a 5.88% increase from the $0.34 per share dividend last declared in July 2025. This increase raises the annual dividend rate to $1.44 from $1.36 per share of common stock and marks Middlesex Water Company’s (“Middlesex”) 53rd consecutive year of dividend increases. The dividend at the new rate is payable December 1, 2025 to shareholders of record as of November 17, 2025.공시 • Oct 17Middlesex Water Company to Report Q3, 2025 Results on Oct 31, 2025Middlesex Water Company announced that they will report Q3, 2025 results After-Market on Oct 31, 2025분석 기사 • Oct 10Middlesex Water Company's (NASDAQ:MSEX) Popularity With Investors Is Under Threat From OverpricingWith a price-to-earnings (or "P/E") ratio of 23.5x Middlesex Water Company ( NASDAQ:MSEX ) may be sending bearish...Upcoming Dividend • Aug 10Upcoming dividend of US$0.34 per shareEligible shareholders must have bought the stock before 15 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (2.6%).Reported Earnings • Aug 01Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.60 (up from US$0.59 in 2Q 2024). Revenue: US$49.3m (flat on 2Q 2024). Net income: US$10.8m (up 2.3% from 2Q 2024). Profit margin: 22% (in line with 2Q 2024). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 8.4%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 27First quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 15th August 2025 Payment date: 2nd September 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.8% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jul 24Middlesex Water Company Declares Quarterly Cash Dividend on Common Stock, Payable September 2, 2025Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, payable September 2, 2025 to shareholders of record as of August 15, 2025.공시 • Jul 18Middlesex Water Company to Report Q2, 2025 Results on Jul 31, 2025Middlesex Water Company announced that they will report Q2, 2025 results After-Market on Jul 31, 2025분석 기사 • May 14At US$56.25, Is Middlesex Water Company (NASDAQ:MSEX) Worth Looking At Closely?Middlesex Water Company ( NASDAQ:MSEX ), is not the largest company out there, but it saw a decent share price growth...공시 • May 13Middlesex Water Company has filed a Follow-on Equity Offering in the amount of $110 million.Middlesex Water Company has filed a Follow-on Equity Offering in the amount of $110 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market OfferingReported Earnings • May 02First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.53 (down from US$0.60 in 1Q 2024). Revenue: US$44.3m (up 9.3% from 1Q 2024). Net income: US$9.46m (down 11% from 1Q 2024). Profit margin: 21% (down from 26% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Declared Dividend • Apr 30Fourth quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 15th May 2025 Payment date: 2nd June 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 26Middlesex Water Company Declares Quarterly Cash Dividend, Payable June 2, 2025Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, payable June 2, 2025 to shareholders of record as of May 15, 2025.공시 • Apr 22Middlesex Water Company to Report Q1, 2025 Results on May 01, 2025Middlesex Water Company announced that they will report Q1, 2025 results After-Market on May 01, 2025Price Target Changed • Apr 11Price target increased by 8.7% to US$66.33Up from US$61.00, the current price target is an average from 3 analysts. New target price is 6.7% above last closing price of US$62.14. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$2.53 for next year compared to US$2.48 last year.Seeking Alpha • Apr 01Middlesex Water: Overvalued Amid High Interest RatesSummary Middlesex Water faces significant headwinds due to high interest rates, which increase borrowing costs for necessary capital expenditures and infrastructure upgrades. MSEX's high P/E ratio of 25x, despite modest growth, suggests overvaluation and potential for further stock price decline. The company's low dividend yield of 2.1% makes it less attractive compared to peers in the water utility sector. Ongoing risks from PFAS regulations could lead to substantial costs, adding financial strain on MSEX. Read the full article on Seeking Alpha분석 기사 • Mar 30What Middlesex Water Company's (NASDAQ:MSEX) 27% Share Price Gain Is Not Telling YouMiddlesex Water Company ( NASDAQ:MSEX ) shareholders would be excited to see that the share price has had a great...Recent Insider Transactions • Mar 26Chairman recently sold US$244k worth of stockOn the 21st of March, Dennis Doll sold around 4k shares on-market at roughly US$60.05 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Dennis' only on-market trade for the last 12 months.Recent Insider Transactions Derivative • Mar 18Chairman notifies of intention to sell stockDennis Doll intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of March. If the sale is conducted around the recent share price of US$62.27, it would amount to US$253k. Since March 2024, Dennis' direct individual holding has increased from 75.14k shares to 75.85k. Company insiders have collectively bought US$117k more than they sold, via options and on-market transactions, in the last 12 months.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$61.09, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Water Utilities industry in the US. Total loss to shareholders of 36% over the past three years.공시 • Mar 03Middlesex Water Company, Annual General Meeting, May 20, 2025Middlesex Water Company, Annual General Meeting, May 20, 2025.Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: US$2.48 (up from US$1.77 in FY 2023). Revenue: US$191.9m (up 15% from FY 2023). Net income: US$44.2m (up 41% from FY 2023). Profit margin: 23% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Feb 11Now 21% overvaluedOver the last 90 days, the stock has fallen 24% to US$50.57. The fair value is estimated to be US$41.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 6.6% in the next year.공시 • Feb 04Middlesex Water Company to Report Q4, 2024 Results on Feb 28, 2025Middlesex Water Company announced that they will report Q4, 2024 results After-Market on Feb 28, 2025분석 기사 • Feb 04Middlesex Water (NASDAQ:MSEX) Has Announced A Dividend Of $0.34Middlesex Water Company ( NASDAQ:MSEX ) will pay a dividend of $0.34 on the 3rd of March. This takes the annual payment...Declared Dividend • Jan 31Third quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 18th February 2025 Payment date: 3rd March 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.7% over the next year, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jan 16Now 23% overvaluedOver the last 90 days, the stock has fallen 21% to US$51.53. The fair value is estimated to be US$41.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 6.6% in the next year.Seeking Alpha • Dec 19Middlesex Water: This Dividend King Is Not Worth Your TimeSummary Middlesex Water's stock has declined sharply, but despite its 50+ year dividend streak, I rate it a hold due to bearish technical indicators and weak fundamentals. The stock's long-term downtrend and poor seasonality in January and February suggest further declines, making it unattractive for investment right now. Middlesex's revenue growth is limited to rate cases, which may face challenges, and its EPS growth is insufficient to justify the current valuation. At 22X forward earnings and a 2.4% yield, Middlesex remains overvalued relative to peers, with no strong fundamental or technical support for a higher price. Read the full article on Seeking Alpha분석 기사 • Dec 04At US$62.61, Is Middlesex Water Company (NASDAQ:MSEX) Worth Looking At Closely?Middlesex Water Company ( NASDAQ:MSEX ), might not be a large cap stock, but it received a lot of attention from a...공시 • Nov 27Middlesex Water Company Appoints Gregory Sorensen as Vice President and Chief Operating Officer, Effective December 16, 2024Middlesex Water Company announced that Gregory Sorensen has been named as its Vice President and Chief Operating Officer, effective December 16, 2024, as part of ongoing strategic succession planning and organizational realignment efforts. Sorensen was most recently President, West Region, Liberty Utilities where he oversaw operations across the U.S. and Chile and led a team of 800 professionals in delivering water, sewer, and electric service to approximately 200,000 customers in AZ, CA, and TX, and 240,000 customers in Chile. Sorensen had direct oversight for operations, engineering and finance and regulated utility revenue of over $400 million. Reporting directly to the President and Chief Executive Officer, Sorensen will be responsible for the operational performance of the company and oversee multiple divisions with responsibility for Engineering and Operations functions including capital program planning and delivery, water and waste water operations, managing safety and security, environmental compliance, sustainability and growth initiatives.Upcoming Dividend • Nov 11Upcoming dividend of US$0.34 per shareEligible shareholders must have bought the stock before 15 November 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.5%).Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.80 (vs US$0.56 in 3Q 2023)Third quarter 2024 results: EPS: US$0.80 (up from US$0.56 in 3Q 2023). Revenue: US$55.1m (up 18% from 3Q 2023). Net income: US$14.3m (up 44% from 3Q 2023). Profit margin: 26% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.분석 기사 • Oct 29Middlesex Water (NASDAQ:MSEX) Is Increasing Its Dividend To $0.34The board of Middlesex Water Company ( NASDAQ:MSEX ) has announced that the dividend on 2nd of December will be...Declared Dividend • Oct 28Second quarter dividend increased to US$0.34Dividend of US$0.34 is 4.6% higher than last year. Ex-date: 15th November 2024 Payment date: 2nd December 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.공시 • Oct 25Middlesex Water Company Declares Quarterly Cash Dividend, Payable on December 2, 2024Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, a 4.62% increase from the $0.325 per share dividend last declared in July 2024. The dividend at the new rate is payable December 2, 2024 to shareholders of record as of November 15, 2024.공시 • Oct 22Middlesex Water Company to Report Q3, 2024 Results on Oct 31, 2024Middlesex Water Company announced that they will report Q3, 2024 results After-Market on Oct 31, 2024분석 기사 • Oct 08Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Upcoming Dividend • Aug 11Upcoming dividend of US$0.33 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 03 September 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.4%).분석 기사 • Aug 03Middlesex Water Company (NASDAQ:MSEX) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedMiddlesex Water Company ( NASDAQ:MSEX ) shareholders have had their patience rewarded with a 27% share price jump in...Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.59 (vs US$0.56 in 2Q 2023)Second quarter 2024 results: EPS: US$0.59 (up from US$0.56 in 2Q 2023). Revenue: US$49.1m (up 15% from 2Q 2023). Net income: US$10.5m (up 6.5% from 2Q 2023). Profit margin: 21% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Board Change • Aug 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. President, CEO & Director Nadine Duchemin-Leslie was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Jul 29There Are Reasons To Feel Uneasy About Middlesex Water's (NASDAQ:MSEX) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Declared Dividend • Jul 28First quarter dividend of US$0.33 announcedShareholders will receive a dividend of US$0.33. Ex-date: 15th August 2024 Payment date: 3rd September 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.공시 • Jul 25Middlesex Water Company Declares Quarterly Cash Dividend, Payable on September 3, 2024Middlesex Water Company announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable September 3, 2024 to shareholders of record as of August 15, 2024. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912.Recent Insider Transactions • Jun 23Senior VP recently bought US$226k worth of stockOn the 20th of June, A. O'Connor bought around 4k shares on-market at roughly US$51.64 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was A.'s only on-market trade for the last 12 months.공시 • Jun 13+ 1 more updateMiddlesex Water Company Announces CFO ChangesMiddlesex Water Company announced retirement of A. Bruce O’Connor as Chief Financial Officer, effective June 21, 2024 after 34 years of service and the appointment of Mohammed G. (Rally) Zerhouni as Chief Financial Officer, effective June 24, 2024. Zerhouni is an accomplished finance leader with over 20 years of experience in finance primarily in the regulated utility sector. Zerhouni was most recently the Senior Vice President of Finance and Principal Accounting Officer of SJW Group, where he led a team of more than 55 professionals in key accounting and finance areas. Prior to joining SJW Group, he was the Chief Financial Officer for Veolia North America regulated utility business where he led the development and execution of the finance transformation roadmap. Prior to joining Veolia, he led audit engagement teams at PwC, which included engagements with large investor-owned utilities. Zerhouni was also an adjunct faculty at Franklin University teaching accounting courses.Price Target Changed • Jun 02Price target decreased by 19% to US$62.50Down from US$77.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$53.88. Stock is down 35% over the past year. The company posted earnings per share of US$1.77 last year.공시 • Apr 27Middlesex Water Company Declares Quarterly Cash Dividend, Payable June 3, 2024Middlesex Water Company has announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable June 3, 2024 to shareholders of record as of May 15, 2024.공시 • Apr 12Middlesex Water Company, Annual General Meeting, May 21, 2024Middlesex Water Company, Annual General Meeting, May 21, 2024, at 11:00 Eastern Daylight. Agenda: To consider and elect three Class I directors to serve for a period of three years and one Class II director to our Board of Directors (the “Board”) to serve for the ensuing one year and until their successors are elected and qualified; to consider and approve, by non-binding advisory vote, named executive officer compensation, as described in the accompanying Proxy Statement under Executive Compensation; to consider and ratify the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact such other business matters.공시 • Mar 03Middlesex Water Company announced delayed annual 10-K filingOn 03/01/2024, Middlesex Water Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.Price Target Changed • Mar 01Price target decreased by 7.7% to US$72.00Down from US$78.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of US$51.30. Stock is down 32% over the past year. The company posted earnings per share of US$1.77 last year.New Risk • Feb 27New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$112k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (US$112k sold).Upcoming Dividend • Feb 07Upcoming dividend of US$0.33 per share at 2.3% yieldEligible shareholders must have bought the stock before 14 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.6%).Declared Dividend • Feb 01Third quarter dividend of US$0.33 announcedShareholders will receive a dividend of US$0.33. Ex-date: 14th February 2024 Payment date: 1st March 2024 Dividend yield will be 2.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.공시 • Jan 30Middlesex Water Company Declares Quarterly Cash Dividend, Payable on March 1, 2024Middlesex Water Company announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable March 1, 2024 to shareholders of record as of February 15, 2024.공시 • Jan 24+ 1 more updateMiddlesex Water Company Announces CEO ChangesMiddlesex Water Company has named Nadine Leslie as its new CEO effective March 1, 2024. Ms. Leslie joins Middlesex following a comprehensive search for a successor to outgoing President & CEO Dennis W. Doll, who will retire from the Company February 29, 2024. Ms. Leslie is an accomplished leader with domestic and international experience in the Water Industry. She previously served as Chief Executive Officer of SUEZ North America from 2019 to 2022. In this capacity, she was responsible for overseeing one of North America’s leading environmental companies, with revenues over $1.1 billion, providing water and recycling and recovery services to 6.6 million people in the United States and Canada. The scope of her responsibilities included 15 regulated water utilities, 65 municipal contracts through innovative public-private partnerships and the long-term asset management contracts for water storage facilities, serving more than 4,000 municipal and industrial clients. Prior to her appointment as CEO of SUEZ North America, Ms. Leslie served as Executive Vice President - Health & Safety for the Paris-based SUEZ Group. In this capacity, she was responsible for directing and providing Health & Safety oversight to all business units of the Group. She also led the development and implementation of behavior-based safety practices, audited Health and Safety procedure implementation and compliance consistent with corporate and regulatory requirements and monitored the effectiveness of safety control measures used throughout SUEZ business units around the world. Ms. Leslie has more than 25 years of industry experience in operations, management, compliance, client relations and due diligence. Since joining the SUEZ North America team in 2000, she has held leadership positions of increasing responsibility within the company’s regulated, contract and corporate segments. She served as part of the management team at projects located in Georgia and New Jersey in 2003 before being appointed Vice President and General Manager for the regulated utility business in the Toms River, NJ division in 2006. Ms. Leslie also headed the SUEZ corporate internal audit department from 2009 until 2011 and then served as President of SUEZ North America’s Environmental Services from 2011 until 2016. In this capacity, she was responsible for overseeing the operations and management of contract operations throughout the United States and Canada. This included more than 80 projects affiliated with municipal and industrial water and wastewater systems as well as two solid waste treatment facilities. Mr. Doll will remain Chairman of the Middlesex Board of Directors through the expiration of his current term at the Annual Meeting of Shareholders on May 21, 2024. Mr. Doll has also entered into a consulting agreement with the Company to aid in a seamless transfer of leadership. The consulting agreement is effective commensurate with Mr. Doll’s retirement and expires May 21, 2024.Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Vaughn McKoy was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Dec 26Subdued Growth No Barrier To Middlesex Water Company's (NASDAQ:MSEX) PriceWith a price-to-earnings (or "P/E") ratio of 36.7x Middlesex Water Company ( NASDAQ:MSEX ) may be sending very bearish...분석 기사 • Dec 05Be Wary Of Middlesex Water (NASDAQ:MSEX) And Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: US$0.56 (vs US$0.81 in 3Q 2022)Third quarter 2023 results: EPS: US$0.56 (down from US$0.81 in 3Q 2022). Revenue: US$46.7m (down 2.1% from 3Q 2022). Net income: US$9.96m (down 30% from 3Q 2022). Profit margin: 21% (down from 30% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Nov 08Upcoming dividend of US$0.33 per share at 1.9% yieldEligible shareholders must have bought the stock before 15 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.4%).분석 기사 • Oct 26Middlesex Water (NASDAQ:MSEX) Has Announced That It Will Be Increasing Its Dividend To $0.325The board of Middlesex Water Company ( NASDAQ:MSEX ) has announced that the dividend on 1st of December will be...공시 • Oct 21Middlesex Water Company Declares Cash Dividend on Its Common Stock, Payable on December 1, 2023Middlesex Water Company declared a cash dividend of $0.325 per share on its common stock, an increase of 4.0% from the $0.3125 per share dividend last declared in July 2023. This increase raises the annual dividend rate to $1.30 from $1.25 per share of common stock and marks Middlesex’s 51st consecutive year of dividend increases. The dividend at the new rate is payable December 1, 2023 to shareholders of record as of November 16, 2023. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912.Price Target Changed • Oct 16Price target decreased by 9.6% to US$80.50Down from US$89.00, the current price target is an average from 2 analysts. New target price is 22% above last closing price of US$65.72. Stock is down 21% over the past year. The company posted earnings per share of US$2.40 last year.분석 기사 • Oct 10Middlesex Water (NASDAQ:MSEX) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Aug 22Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Upcoming Dividend • Aug 03Upcoming dividend of US$0.31 per share at 1.6% yieldEligible shareholders must have bought the stock before 10 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.1%).Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.50 in 2Q 2022)Second quarter 2023 results: EPS: US$0.56 (up from US$0.50 in 2Q 2022). Revenue: US$42.8m (up 7.9% from 2Q 2022). Net income: US$9.87m (up 12% from 2Q 2022). Profit margin: 23% (in line with 2Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 23Middlesex Water Company Declares Quarterly Cash Dividend, Payable on September 1, 2023Middlesex Water Company announced that on July 20, 2023, the Board of Directors of the company declared a quarterly cash dividend of $0.3125 per share on its common stock, payable on September 1, 2023 to shareholders of record as of August 11, 2023.분석 기사 • May 27These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...공시 • May 17+ 1 more updateDennis W. Doll Plans to Retire as President of Middlesex Water CompanyMiddlesex Water Company's President and Chief Executive Officer, Dennis W. Doll has announced a plan to retire upon turning age 65. Mr. Doll’s retirement is planned for the later of December 31, 2023 or, the date when a successor is duly named and on board. He will remain a member of the Board through the expiration of his current term in May 2024. A search for Mr. Doll’s successor is being led by the Compensation Committee of the Board of Directors in collaboration with Russell Reynolds Associates, a nationally-recognized executive search firm. Mr. Doll joined Middlesex Water Company as Executive Vice President in 2004 and was named President and Chief Executive Officer, and a Director of Middlesex, effective January 1, 2006. In May 2010, he was elected Chairman of the Board. Under his tenure, the Company has made several acquisitions, experienced significant organic customer growth, entered into numerous contract operations and completed hundreds of significant construction projects. Mr. Doll’s background includes nearly 40 years of experience in investor-owned water and wastewater utility management and a record of industry and other service as President of the National Association of Water Companies, Chairman of the Board of The Water Research Foundation, member of the Board and Executive Committee of the American Water Works Association, Chairman of the Board of the New Jersey Utilities Association, Board member and Treasurer of Raritan Bay Medical Center and Board member and Treasurer of Court Appointed Special Advocates of Middlesex County, New Jersey.분석 기사 • May 10Returns On Capital At Middlesex Water (NASDAQ:MSEX) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Upcoming Dividend • May 04Upcoming dividend of US$0.31 per share at 1.7% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.1%).Price Target Changed • May 03Price target decreased by 8.2% to US$89.00Down from US$97.00, the current price target is an average from 2 analysts. New target price is 28% above last closing price of US$69.37. Stock is down 20% over the past year. The company posted earnings per share of US$2.40 last year.Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.33 (vs US$0.69 in 1Q 2022)First quarter 2023 results: EPS: US$0.33 (down from US$0.69 in 1Q 2022). Revenue: US$38.2m (up 5.4% from 1Q 2022). Net income: US$5.84m (down 52% from 1Q 2022). Profit margin: 15% (down from 33% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.이익 및 매출 성장 예측NasdaqGS:MSEX - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202825461N/A98212/31/202723653N/A88212/31/202621446N/A7923/31/202619944-3861N/A12/31/202519543-3463N/A9/30/202519543-3666N/A6/30/202519643-2873N/A3/31/202519643-1366N/A12/31/202419244-1659N/A9/30/202418341-1650N/A6/30/202417537-2741N/A3/31/202416936-3743N/A12/31/202316631-3753N/A9/30/202316633-4157N/A6/30/202316837-3964N/A3/31/202316436-3663N/A12/31/202216242-3061N/A9/30/202215842-2559N/A6/30/202215040-2745N/A3/31/202214742-3638N/A12/31/202114336-4633N/A9/30/202114437-6135N/A6/30/202114439-6047N/A3/31/202114238-5647N/A12/31/202014238-5253N/A9/30/202014038-4950N/A6/30/202013836-5445N/A3/31/202013635-5745N/A12/31/201913534N/A36N/A9/30/201913533N/A36N/A6/30/201913634N/A38N/A3/31/201913834N/A45N/A12/31/201813832N/A46N/A9/30/201813631N/A47N/A6/30/201813426N/A42N/A3/31/201813223N/A42N/A12/31/201713123N/A43N/A9/30/201713121N/A45N/A6/30/201713322N/A50N/A3/31/201713222N/A45N/A12/31/201613323N/A47N/A9/30/201613224N/A53N/A6/30/201612922N/A48N/A3/31/201612821N/A52N/A12/31/201512620N/A51N/A9/30/201512319N/A39N/A6/30/201512119N/A39N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MSEX 의 연간 예상 수익 증가율(12.6%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: MSEX 의 연간 수익(12.6%)이 US 시장(16.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: MSEX 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: MSEX 의 수익(연간 8.9%)이 US 시장(연간 11.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: MSEX 의 수익(연간 8.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MSEX의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 02:40종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Middlesex Water Company는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Davis SunderlandBairdRoss FowlerBofA Global ResearchMichael GauglerBrean Capital Historical (Janney Montgomery)2명의 분석가 더 보기
Price Target Changed • Apr 19Price target increased by 7.1% to US$60.00Up from US$56.00, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$51.31. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$2.56 for next year compared to US$2.36 last year.
Price Target Changed • Apr 11Price target increased by 8.7% to US$66.33Up from US$61.00, the current price target is an average from 3 analysts. New target price is 6.7% above last closing price of US$62.14. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$2.53 for next year compared to US$2.48 last year.
Price Target Changed • Jun 02Price target decreased by 19% to US$62.50Down from US$77.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$53.88. Stock is down 35% over the past year. The company posted earnings per share of US$1.77 last year.
Price Target Changed • Mar 01Price target decreased by 7.7% to US$72.00Down from US$78.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of US$51.30. Stock is down 32% over the past year. The company posted earnings per share of US$1.77 last year.
Price Target Changed • Oct 16Price target decreased by 9.6% to US$80.50Down from US$89.00, the current price target is an average from 2 analysts. New target price is 22% above last closing price of US$65.72. Stock is down 21% over the past year. The company posted earnings per share of US$2.40 last year.
Price Target Changed • May 03Price target decreased by 8.2% to US$89.00Down from US$97.00, the current price target is an average from 2 analysts. New target price is 28% above last closing price of US$69.37. Stock is down 20% over the past year. The company posted earnings per share of US$2.40 last year.
Reported Earnings • May 01First quarter 2026 earnings: EPS in line with expectations, revenues disappointFirst quarter 2026 results: EPS: US$0.57 (up from US$0.53 in 1Q 2025). Revenue: US$48.7m (up 10.0% from 1Q 2025). Net income: US$10.6m (up 12% from 1Q 2025). Profit margin: 22% (in line with 1Q 2025). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 29Fourth quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 15th May 2026 Payment date: 1st June 2026 Dividend yield will be 2.7%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (58% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 25Middlesex Water Company Declares Quarterly Cash Dividend, Payable on June 1, 2026Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per share on its common stock, payable June 1, 2026 to shareholders of record as of May 15, 2026.
Price Target Changed • Apr 19Price target increased by 7.1% to US$60.00Up from US$56.00, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$51.31. Stock is down 18% over the past year. The company is forecast to post earnings per share of US$2.56 for next year compared to US$2.36 last year.
공시 • Apr 17Middlesex Water Company to Report Q1, 2026 Results on Apr 30, 2026Middlesex Water Company announced that they will report Q1, 2026 results After-Market on Apr 30, 2026
공시 • Apr 07Middlesex Water Company, Annual General Meeting, May 19, 2026Middlesex Water Company, Annual General Meeting, May 19, 2026.
공시 • Mar 27Middlesex Water Company Announces Executive ChangesMiddlesex Water Company announced that Mrs. Tatyana Kaplan joined the company as Chief Accounting Officer, effective March 26, 2026. Mrs. Kaplan was most recently the Director of Accounting for Veolia North America regulated utility business where she led the regulatory accounting and reporting across six different jurisdictions. In addition, she played a critical role in the development and execution of the accounting and finance transformation roadmap. Prior to joining Veolia, she was the Associate Manager at Prudential Financial Inc. responsible for external financial reporting. Prior to joining Prudential Financial Inc., she was a Senior Associate at PricewaterhouseCoopers LLP in the power and utilities sector. Mrs. Kaplan is a Certified Public Accountant. She attended Leonard N. Stern School of Business at New York University, where she received a Bachelor of Science in Finance and a Master of Science in Accounting. In addition, Middlesex Water Company announced the departure of Mr. Robert J. Capko from the Principal Accounting Officer position. Mr. Capko will remain an employee of the Company as the Corporate Controller.
Reported Earnings • Feb 22Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: US$2.36 (down from US$2.48 in FY 2024). Revenue: US$194.7m (up 1.5% from FY 2024). Net income: US$42.7m (down 3.4% from FY 2024). Profit margin: 22% (down from 23% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공시 • Feb 14Middlesex Water Company to Report Q4, 2025 Results on Feb 19, 2026Middlesex Water Company announced that they will report Q4, 2025 results After-Market on Feb 19, 2026
Upcoming Dividend • Feb 13Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 17 February 2026. Payment date: 02 March 2026. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (2.9%).
Declared Dividend • Jan 30Third quarter dividend of US$0.36 announcedShareholders will receive a dividend of US$0.36. Ex-date: 17th February 2026 Payment date: 2nd March 2026 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jan 28Middlesex Water Company Declares Quarterly Cash Dividend, Payable on March 2, 2026Middlesex Water Company announced that its Board of Directors declared a quarterly cash dividend of $0.36 per share on its common stock, payable March 2, 2026 to shareholders of record as of February 17, 2026.
분석 기사 • Jan 15These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha • Jan 09Middlesex Water Company: Others Were More Attractive, But This Is Getting ThereSummary Middlesex Water Company has typically held less appeal than some undervalued peers in the sector - that may be about to change following the recent results. I look at the company as an investment potential for the year of 2026. Learn why I believe that MSEX is now a potentially better investment than other companies in the field, and if there are companies that I view as better-suited. Read the full article on Seeking Alpha
공시 • Dec 24Middlesex Water Company Announces the Appointment of Robert Hoglund to Its Board of Directors, Effective January 1, 2026Middlesex Water Company announced the appointment of Robert Hoglund to its Board of Directors, effective January 1, 2026. Over his career, Mr. Hoglund has held several senior financial leadership roles, including more than 18 years as Chief Financial Officer of Consolidated Edison Inc. He previously served as a Managing Director in Citigroup's Mergers & Acquisitions Group, advising Fortune 500 utilities and energy companies on mergers, acquisitions, divestitures, restructurings, and multi-billion-dollar equity and debt financings. Mr. Hoglund remains actively engaged in corporate governance, serving on boards and advising on finance modernization, enterprise risk management, and investor engagement. His current work reflects a continued commitment to strengthening financial resilience and guiding organizations through complex utility, energy transition, and capital markets challenges. His professional background is complemented by service in the nonprofit sector, long-standing involvement in executive development programs, and a personal commitment to supporting the next generation of leaders in the utility and financial industries.
분석 기사 • Nov 20Slowing Rates Of Return At Middlesex Water (NASDAQ:MSEX) Leave Little Room For ExcitementWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Upcoming Dividend • Nov 12Upcoming dividend of US$0.36 per shareEligible shareholders must have bought the stock before 17 November 2025. Payment date: 01 December 2025. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (2.8%).
분석 기사 • Nov 03Middlesex Water's (NASDAQ:MSEX) Upcoming Dividend Will Be Larger Than Last Year'sMiddlesex Water Company ( NASDAQ:MSEX ) will increase its dividend on the 1st of December to $0.36, which is 5.9...
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: US$0.77 (down from US$0.80 in 3Q 2024). Revenue: US$54.1m (down 1.8% from 3Q 2024). Net income: US$13.9m (down 2.4% from 3Q 2024). Profit margin: 26% (in line with 3Q 2024). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Declared Dividend • Oct 29Second quarter dividend increased to US$0.36Dividend of US$0.36 is 5.9% higher than last year. Ex-date: 17th November 2025 Payment date: 1st December 2025 Dividend yield will be 2.4%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.3% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Oct 25Middlesex Water Company Increases Common Dividend, Payable on December 1, 2025Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per share on its common stock, a 5.88% increase from the $0.34 per share dividend last declared in July 2025. This increase raises the annual dividend rate to $1.44 from $1.36 per share of common stock and marks Middlesex Water Company’s (“Middlesex”) 53rd consecutive year of dividend increases. The dividend at the new rate is payable December 1, 2025 to shareholders of record as of November 17, 2025.
공시 • Oct 17Middlesex Water Company to Report Q3, 2025 Results on Oct 31, 2025Middlesex Water Company announced that they will report Q3, 2025 results After-Market on Oct 31, 2025
분석 기사 • Oct 10Middlesex Water Company's (NASDAQ:MSEX) Popularity With Investors Is Under Threat From OverpricingWith a price-to-earnings (or "P/E") ratio of 23.5x Middlesex Water Company ( NASDAQ:MSEX ) may be sending bearish...
Upcoming Dividend • Aug 10Upcoming dividend of US$0.34 per shareEligible shareholders must have bought the stock before 15 August 2025. Payment date: 02 September 2025. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (2.6%).
Reported Earnings • Aug 01Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: US$0.60 (up from US$0.59 in 2Q 2024). Revenue: US$49.3m (flat on 2Q 2024). Net income: US$10.8m (up 2.3% from 2Q 2024). Profit margin: 22% (in line with 2Q 2024). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 8.4%. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 27First quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 15th August 2025 Payment date: 2nd September 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.8% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 24Middlesex Water Company Declares Quarterly Cash Dividend on Common Stock, Payable September 2, 2025Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, payable September 2, 2025 to shareholders of record as of August 15, 2025.
공시 • Jul 18Middlesex Water Company to Report Q2, 2025 Results on Jul 31, 2025Middlesex Water Company announced that they will report Q2, 2025 results After-Market on Jul 31, 2025
분석 기사 • May 14At US$56.25, Is Middlesex Water Company (NASDAQ:MSEX) Worth Looking At Closely?Middlesex Water Company ( NASDAQ:MSEX ), is not the largest company out there, but it saw a decent share price growth...
공시 • May 13Middlesex Water Company has filed a Follow-on Equity Offering in the amount of $110 million.Middlesex Water Company has filed a Follow-on Equity Offering in the amount of $110 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
Reported Earnings • May 02First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: US$0.53 (down from US$0.60 in 1Q 2024). Revenue: US$44.3m (up 9.3% from 1Q 2024). Net income: US$9.46m (down 11% from 1Q 2024). Profit margin: 21% (down from 26% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Declared Dividend • Apr 30Fourth quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 15th May 2025 Payment date: 2nd June 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 26Middlesex Water Company Declares Quarterly Cash Dividend, Payable June 2, 2025Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, payable June 2, 2025 to shareholders of record as of May 15, 2025.
공시 • Apr 22Middlesex Water Company to Report Q1, 2025 Results on May 01, 2025Middlesex Water Company announced that they will report Q1, 2025 results After-Market on May 01, 2025
Price Target Changed • Apr 11Price target increased by 8.7% to US$66.33Up from US$61.00, the current price target is an average from 3 analysts. New target price is 6.7% above last closing price of US$62.14. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$2.53 for next year compared to US$2.48 last year.
Seeking Alpha • Apr 01Middlesex Water: Overvalued Amid High Interest RatesSummary Middlesex Water faces significant headwinds due to high interest rates, which increase borrowing costs for necessary capital expenditures and infrastructure upgrades. MSEX's high P/E ratio of 25x, despite modest growth, suggests overvaluation and potential for further stock price decline. The company's low dividend yield of 2.1% makes it less attractive compared to peers in the water utility sector. Ongoing risks from PFAS regulations could lead to substantial costs, adding financial strain on MSEX. Read the full article on Seeking Alpha
분석 기사 • Mar 30What Middlesex Water Company's (NASDAQ:MSEX) 27% Share Price Gain Is Not Telling YouMiddlesex Water Company ( NASDAQ:MSEX ) shareholders would be excited to see that the share price has had a great...
Recent Insider Transactions • Mar 26Chairman recently sold US$244k worth of stockOn the 21st of March, Dennis Doll sold around 4k shares on-market at roughly US$60.05 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Dennis' only on-market trade for the last 12 months.
Recent Insider Transactions Derivative • Mar 18Chairman notifies of intention to sell stockDennis Doll intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 17th of March. If the sale is conducted around the recent share price of US$62.27, it would amount to US$253k. Since March 2024, Dennis' direct individual holding has increased from 75.14k shares to 75.85k. Company insiders have collectively bought US$117k more than they sold, via options and on-market transactions, in the last 12 months.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$61.09, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Water Utilities industry in the US. Total loss to shareholders of 36% over the past three years.
공시 • Mar 03Middlesex Water Company, Annual General Meeting, May 20, 2025Middlesex Water Company, Annual General Meeting, May 20, 2025.
Reported Earnings • Mar 02Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: US$2.48 (up from US$1.77 in FY 2023). Revenue: US$191.9m (up 15% from FY 2023). Net income: US$44.2m (up 41% from FY 2023). Profit margin: 23% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Feb 11Now 21% overvaluedOver the last 90 days, the stock has fallen 24% to US$50.57. The fair value is estimated to be US$41.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 6.6% in the next year.
공시 • Feb 04Middlesex Water Company to Report Q4, 2024 Results on Feb 28, 2025Middlesex Water Company announced that they will report Q4, 2024 results After-Market on Feb 28, 2025
분석 기사 • Feb 04Middlesex Water (NASDAQ:MSEX) Has Announced A Dividend Of $0.34Middlesex Water Company ( NASDAQ:MSEX ) will pay a dividend of $0.34 on the 3rd of March. This takes the annual payment...
Declared Dividend • Jan 31Third quarter dividend of US$0.34 announcedShareholders will receive a dividend of US$0.34. Ex-date: 18th February 2025 Payment date: 3rd March 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.7% over the next year, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jan 16Now 23% overvaluedOver the last 90 days, the stock has fallen 21% to US$51.53. The fair value is estimated to be US$41.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has declined by 3.4%. Revenue is forecast to grow by 7.3% in a year. Earnings are forecast to grow by 6.6% in the next year.
Seeking Alpha • Dec 19Middlesex Water: This Dividend King Is Not Worth Your TimeSummary Middlesex Water's stock has declined sharply, but despite its 50+ year dividend streak, I rate it a hold due to bearish technical indicators and weak fundamentals. The stock's long-term downtrend and poor seasonality in January and February suggest further declines, making it unattractive for investment right now. Middlesex's revenue growth is limited to rate cases, which may face challenges, and its EPS growth is insufficient to justify the current valuation. At 22X forward earnings and a 2.4% yield, Middlesex remains overvalued relative to peers, with no strong fundamental or technical support for a higher price. Read the full article on Seeking Alpha
분석 기사 • Dec 04At US$62.61, Is Middlesex Water Company (NASDAQ:MSEX) Worth Looking At Closely?Middlesex Water Company ( NASDAQ:MSEX ), might not be a large cap stock, but it received a lot of attention from a...
공시 • Nov 27Middlesex Water Company Appoints Gregory Sorensen as Vice President and Chief Operating Officer, Effective December 16, 2024Middlesex Water Company announced that Gregory Sorensen has been named as its Vice President and Chief Operating Officer, effective December 16, 2024, as part of ongoing strategic succession planning and organizational realignment efforts. Sorensen was most recently President, West Region, Liberty Utilities where he oversaw operations across the U.S. and Chile and led a team of 800 professionals in delivering water, sewer, and electric service to approximately 200,000 customers in AZ, CA, and TX, and 240,000 customers in Chile. Sorensen had direct oversight for operations, engineering and finance and regulated utility revenue of over $400 million. Reporting directly to the President and Chief Executive Officer, Sorensen will be responsible for the operational performance of the company and oversee multiple divisions with responsibility for Engineering and Operations functions including capital program planning and delivery, water and waste water operations, managing safety and security, environmental compliance, sustainability and growth initiatives.
Upcoming Dividend • Nov 11Upcoming dividend of US$0.34 per shareEligible shareholders must have bought the stock before 15 November 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.5%).
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.80 (vs US$0.56 in 3Q 2023)Third quarter 2024 results: EPS: US$0.80 (up from US$0.56 in 3Q 2023). Revenue: US$55.1m (up 18% from 3Q 2023). Net income: US$14.3m (up 44% from 3Q 2023). Profit margin: 26% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
분석 기사 • Oct 29Middlesex Water (NASDAQ:MSEX) Is Increasing Its Dividend To $0.34The board of Middlesex Water Company ( NASDAQ:MSEX ) has announced that the dividend on 2nd of December will be...
Declared Dividend • Oct 28Second quarter dividend increased to US$0.34Dividend of US$0.34 is 4.6% higher than last year. Ex-date: 15th November 2024 Payment date: 2nd December 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (62% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
공시 • Oct 25Middlesex Water Company Declares Quarterly Cash Dividend, Payable on December 2, 2024Middlesex Water Company announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, a 4.62% increase from the $0.325 per share dividend last declared in July 2024. The dividend at the new rate is payable December 2, 2024 to shareholders of record as of November 15, 2024.
공시 • Oct 22Middlesex Water Company to Report Q3, 2024 Results on Oct 31, 2024Middlesex Water Company announced that they will report Q3, 2024 results After-Market on Oct 31, 2024
분석 기사 • Oct 08Here's Why Middlesex Water (NASDAQ:MSEX) Has A Meaningful Debt BurdenDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Upcoming Dividend • Aug 11Upcoming dividend of US$0.33 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 03 September 2024. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.5%). Lower than average of industry peers (2.4%).
분석 기사 • Aug 03Middlesex Water Company (NASDAQ:MSEX) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedMiddlesex Water Company ( NASDAQ:MSEX ) shareholders have had their patience rewarded with a 27% share price jump in...
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.59 (vs US$0.56 in 2Q 2023)Second quarter 2024 results: EPS: US$0.59 (up from US$0.56 in 2Q 2023). Revenue: US$49.1m (up 15% from 2Q 2023). Net income: US$10.5m (up 6.5% from 2Q 2023). Profit margin: 21% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Board Change • Aug 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. President, CEO & Director Nadine Duchemin-Leslie was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Jul 29There Are Reasons To Feel Uneasy About Middlesex Water's (NASDAQ:MSEX) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Declared Dividend • Jul 28First quarter dividend of US$0.33 announcedShareholders will receive a dividend of US$0.33. Ex-date: 15th August 2024 Payment date: 3rd September 2024 Dividend yield will be 2.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
공시 • Jul 25Middlesex Water Company Declares Quarterly Cash Dividend, Payable on September 3, 2024Middlesex Water Company announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable September 3, 2024 to shareholders of record as of August 15, 2024. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912.
Recent Insider Transactions • Jun 23Senior VP recently bought US$226k worth of stockOn the 20th of June, A. O'Connor bought around 4k shares on-market at roughly US$51.64 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was A.'s only on-market trade for the last 12 months.
공시 • Jun 13+ 1 more updateMiddlesex Water Company Announces CFO ChangesMiddlesex Water Company announced retirement of A. Bruce O’Connor as Chief Financial Officer, effective June 21, 2024 after 34 years of service and the appointment of Mohammed G. (Rally) Zerhouni as Chief Financial Officer, effective June 24, 2024. Zerhouni is an accomplished finance leader with over 20 years of experience in finance primarily in the regulated utility sector. Zerhouni was most recently the Senior Vice President of Finance and Principal Accounting Officer of SJW Group, where he led a team of more than 55 professionals in key accounting and finance areas. Prior to joining SJW Group, he was the Chief Financial Officer for Veolia North America regulated utility business where he led the development and execution of the finance transformation roadmap. Prior to joining Veolia, he led audit engagement teams at PwC, which included engagements with large investor-owned utilities. Zerhouni was also an adjunct faculty at Franklin University teaching accounting courses.
Price Target Changed • Jun 02Price target decreased by 19% to US$62.50Down from US$77.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$53.88. Stock is down 35% over the past year. The company posted earnings per share of US$1.77 last year.
공시 • Apr 27Middlesex Water Company Declares Quarterly Cash Dividend, Payable June 3, 2024Middlesex Water Company has announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable June 3, 2024 to shareholders of record as of May 15, 2024.
공시 • Apr 12Middlesex Water Company, Annual General Meeting, May 21, 2024Middlesex Water Company, Annual General Meeting, May 21, 2024, at 11:00 Eastern Daylight. Agenda: To consider and elect three Class I directors to serve for a period of three years and one Class II director to our Board of Directors (the “Board”) to serve for the ensuing one year and until their successors are elected and qualified; to consider and approve, by non-binding advisory vote, named executive officer compensation, as described in the accompanying Proxy Statement under Executive Compensation; to consider and ratify the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact such other business matters.
공시 • Mar 03Middlesex Water Company announced delayed annual 10-K filingOn 03/01/2024, Middlesex Water Company announced that they will be unable to file their next 10-K by the deadline required by the SEC.
Price Target Changed • Mar 01Price target decreased by 7.7% to US$72.00Down from US$78.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of US$51.30. Stock is down 32% over the past year. The company posted earnings per share of US$1.77 last year.
New Risk • Feb 27New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$112k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (US$112k sold).
Upcoming Dividend • Feb 07Upcoming dividend of US$0.33 per share at 2.3% yieldEligible shareholders must have bought the stock before 14 February 2024. Payment date: 01 March 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (2.6%).
Declared Dividend • Feb 01Third quarter dividend of US$0.33 announcedShareholders will receive a dividend of US$0.33. Ex-date: 14th February 2024 Payment date: 1st March 2024 Dividend yield will be 2.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
공시 • Jan 30Middlesex Water Company Declares Quarterly Cash Dividend, Payable on March 1, 2024Middlesex Water Company announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable March 1, 2024 to shareholders of record as of February 15, 2024.
공시 • Jan 24+ 1 more updateMiddlesex Water Company Announces CEO ChangesMiddlesex Water Company has named Nadine Leslie as its new CEO effective March 1, 2024. Ms. Leslie joins Middlesex following a comprehensive search for a successor to outgoing President & CEO Dennis W. Doll, who will retire from the Company February 29, 2024. Ms. Leslie is an accomplished leader with domestic and international experience in the Water Industry. She previously served as Chief Executive Officer of SUEZ North America from 2019 to 2022. In this capacity, she was responsible for overseeing one of North America’s leading environmental companies, with revenues over $1.1 billion, providing water and recycling and recovery services to 6.6 million people in the United States and Canada. The scope of her responsibilities included 15 regulated water utilities, 65 municipal contracts through innovative public-private partnerships and the long-term asset management contracts for water storage facilities, serving more than 4,000 municipal and industrial clients. Prior to her appointment as CEO of SUEZ North America, Ms. Leslie served as Executive Vice President - Health & Safety for the Paris-based SUEZ Group. In this capacity, she was responsible for directing and providing Health & Safety oversight to all business units of the Group. She also led the development and implementation of behavior-based safety practices, audited Health and Safety procedure implementation and compliance consistent with corporate and regulatory requirements and monitored the effectiveness of safety control measures used throughout SUEZ business units around the world. Ms. Leslie has more than 25 years of industry experience in operations, management, compliance, client relations and due diligence. Since joining the SUEZ North America team in 2000, she has held leadership positions of increasing responsibility within the company’s regulated, contract and corporate segments. She served as part of the management team at projects located in Georgia and New Jersey in 2003 before being appointed Vice President and General Manager for the regulated utility business in the Toms River, NJ division in 2006. Ms. Leslie also headed the SUEZ corporate internal audit department from 2009 until 2011 and then served as President of SUEZ North America’s Environmental Services from 2011 until 2016. In this capacity, she was responsible for overseeing the operations and management of contract operations throughout the United States and Canada. This included more than 80 projects affiliated with municipal and industrial water and wastewater systems as well as two solid waste treatment facilities. Mr. Doll will remain Chairman of the Middlesex Board of Directors through the expiration of his current term at the Annual Meeting of Shareholders on May 21, 2024. Mr. Doll has also entered into a consulting agreement with the Company to aid in a seamless transfer of leadership. The consulting agreement is effective commensurate with Mr. Doll’s retirement and expires May 21, 2024.
Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Vaughn McKoy was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Dec 26Subdued Growth No Barrier To Middlesex Water Company's (NASDAQ:MSEX) PriceWith a price-to-earnings (or "P/E") ratio of 36.7x Middlesex Water Company ( NASDAQ:MSEX ) may be sending very bearish...
분석 기사 • Dec 05Be Wary Of Middlesex Water (NASDAQ:MSEX) And Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Reported Earnings • Nov 10Third quarter 2023 earnings released: EPS: US$0.56 (vs US$0.81 in 3Q 2022)Third quarter 2023 results: EPS: US$0.56 (down from US$0.81 in 3Q 2022). Revenue: US$46.7m (down 2.1% from 3Q 2022). Net income: US$9.96m (down 30% from 3Q 2022). Profit margin: 21% (down from 30% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Nov 08Upcoming dividend of US$0.33 per share at 1.9% yieldEligible shareholders must have bought the stock before 15 November 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.4%).
분석 기사 • Oct 26Middlesex Water (NASDAQ:MSEX) Has Announced That It Will Be Increasing Its Dividend To $0.325The board of Middlesex Water Company ( NASDAQ:MSEX ) has announced that the dividend on 1st of December will be...
공시 • Oct 21Middlesex Water Company Declares Cash Dividend on Its Common Stock, Payable on December 1, 2023Middlesex Water Company declared a cash dividend of $0.325 per share on its common stock, an increase of 4.0% from the $0.3125 per share dividend last declared in July 2023. This increase raises the annual dividend rate to $1.30 from $1.25 per share of common stock and marks Middlesex’s 51st consecutive year of dividend increases. The dividend at the new rate is payable December 1, 2023 to shareholders of record as of November 16, 2023. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912.
Price Target Changed • Oct 16Price target decreased by 9.6% to US$80.50Down from US$89.00, the current price target is an average from 2 analysts. New target price is 22% above last closing price of US$65.72. Stock is down 21% over the past year. The company posted earnings per share of US$2.40 last year.
분석 기사 • Oct 10Middlesex Water (NASDAQ:MSEX) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Aug 22Some Investors May Be Worried About Middlesex Water's (NASDAQ:MSEX) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Upcoming Dividend • Aug 03Upcoming dividend of US$0.31 per share at 1.6% yieldEligible shareholders must have bought the stock before 10 August 2023. Payment date: 01 September 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.1%).
Reported Earnings • Jul 30Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.50 in 2Q 2022)Second quarter 2023 results: EPS: US$0.56 (up from US$0.50 in 2Q 2022). Revenue: US$42.8m (up 7.9% from 2Q 2022). Net income: US$9.87m (up 12% from 2Q 2022). Profit margin: 23% (in line with 2Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 23Middlesex Water Company Declares Quarterly Cash Dividend, Payable on September 1, 2023Middlesex Water Company announced that on July 20, 2023, the Board of Directors of the company declared a quarterly cash dividend of $0.3125 per share on its common stock, payable on September 1, 2023 to shareholders of record as of August 11, 2023.
분석 기사 • May 27These 4 Measures Indicate That Middlesex Water (NASDAQ:MSEX) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
공시 • May 17+ 1 more updateDennis W. Doll Plans to Retire as President of Middlesex Water CompanyMiddlesex Water Company's President and Chief Executive Officer, Dennis W. Doll has announced a plan to retire upon turning age 65. Mr. Doll’s retirement is planned for the later of December 31, 2023 or, the date when a successor is duly named and on board. He will remain a member of the Board through the expiration of his current term in May 2024. A search for Mr. Doll’s successor is being led by the Compensation Committee of the Board of Directors in collaboration with Russell Reynolds Associates, a nationally-recognized executive search firm. Mr. Doll joined Middlesex Water Company as Executive Vice President in 2004 and was named President and Chief Executive Officer, and a Director of Middlesex, effective January 1, 2006. In May 2010, he was elected Chairman of the Board. Under his tenure, the Company has made several acquisitions, experienced significant organic customer growth, entered into numerous contract operations and completed hundreds of significant construction projects. Mr. Doll’s background includes nearly 40 years of experience in investor-owned water and wastewater utility management and a record of industry and other service as President of the National Association of Water Companies, Chairman of the Board of The Water Research Foundation, member of the Board and Executive Committee of the American Water Works Association, Chairman of the Board of the New Jersey Utilities Association, Board member and Treasurer of Raritan Bay Medical Center and Board member and Treasurer of Court Appointed Special Advocates of Middlesex County, New Jersey.
분석 기사 • May 10Returns On Capital At Middlesex Water (NASDAQ:MSEX) Have Hit The BrakesIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Upcoming Dividend • May 04Upcoming dividend of US$0.31 per share at 1.7% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 01 June 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (2.1%).
Price Target Changed • May 03Price target decreased by 8.2% to US$89.00Down from US$97.00, the current price target is an average from 2 analysts. New target price is 28% above last closing price of US$69.37. Stock is down 20% over the past year. The company posted earnings per share of US$2.40 last year.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: US$0.33 (vs US$0.69 in 1Q 2022)First quarter 2023 results: EPS: US$0.33 (down from US$0.69 in 1Q 2022). Revenue: US$38.2m (up 5.4% from 1Q 2022). Net income: US$5.84m (down 52% from 1Q 2022). Profit margin: 15% (down from 33% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Water Utilities industry in the US. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.