Middlesex Water Future Growth

Future criteria checks 0/6

Middlesex Water is forecast to grow revenue at 6.9% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Water Utilities earnings growth	6.8%
Revenue growth rate	6.9%
Future return on equity	n/a
Analyst coverage	Low
Last updated	17 Apr 2024

Recent future growth updates

Recent updates

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

Dec 26

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

Dec 05

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

Oct 26

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

Oct 10

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

Aug 22

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

May 27

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

May 10

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

Mar 12

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

Jan 26

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

Dec 19

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

Dec 03

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

Mar 21

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

Mar 01

Middlesex Water Is Still Expensive

Jan 31

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

Dec 10

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

Oct 26

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

Jul 29

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

Jul 14

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

Jun 24

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

May 19

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

Apr 13

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

Apr 01

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

Mar 20

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

Mar 08

Earnings and Revenue Growth Forecasts

NasdaqGS:MSEX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	191	N/A	N/A	N/A	1
12/31/2024	182	N/A	N/A	N/A	1
12/31/2023	166	31	-37	53	N/A
9/30/2023	166	33	-41	57	N/A
6/30/2023	168	37	-39	64	N/A
3/31/2023	164	36	-36	63	N/A
12/31/2022	162	42	-30	61	N/A
9/30/2022	158	42	-25	59	N/A
6/30/2022	150	40	-27	45	N/A
3/31/2022	147	42	-36	38	N/A
12/31/2021	143	36	-46	33	N/A
9/30/2021	144	37	-61	35	N/A
6/30/2021	144	39	-60	47	N/A
3/31/2021	142	38	-56	47	N/A
12/31/2020	142	38	-52	53	N/A
9/30/2020	140	38	-49	50	N/A
6/30/2020	138	36	-54	45	N/A
3/31/2020	136	35	-57	45	N/A
12/31/2019	135	34	-53	36	N/A
9/30/2019	135	33	-47	36	N/A
6/30/2019	136	34	-41	38	N/A
3/31/2019	138	34	-30	45	N/A
12/31/2018	138	32	-26	46	N/A
9/30/2018	136	31	-18	47	N/A
6/30/2018	134	26	-16	42	N/A
3/31/2018	132	23	-9	42	N/A
12/31/2017	131	23	-7	43	N/A
9/30/2017	131	21	N/A	45	N/A
6/30/2017	133	22	N/A	50	N/A
3/31/2017	132	22	N/A	45	N/A
12/31/2016	133	23	N/A	47	N/A
9/30/2016	132	24	N/A	53	N/A
6/30/2016	129	22	N/A	48	N/A
3/31/2016	128	21	N/A	52	N/A
12/31/2015	126	20	N/A	51	N/A
9/30/2015	123	19	N/A	39	N/A
6/30/2015	121	19	N/A	39	N/A
3/31/2015	119	19	N/A	36	N/A
12/31/2014	117	18	N/A	33	N/A
9/30/2014	116	18	N/A	35	N/A
6/30/2014	115	17	N/A	31	N/A
3/31/2014	115	16	N/A	32	N/A
12/31/2013	115	16	N/A	34	N/A
9/30/2013	115	16	N/A	30	N/A
6/30/2013	116	16	N/A	30	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MSEX's forecast earnings growth is above the savings rate (2.4%).

Earnings vs Market: Insufficient data to determine if MSEX's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if MSEX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MSEX's revenue (6.9% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: MSEX's revenue (6.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MSEX's Return on Equity is forecast to be high in 3 years time

Middlesex Water Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 7.7% to US$72.00

Price target decreased by 9.6% to US$80.50

Price target decreased by 8.2% to US$89.00

Price target increased to US$97.50

Price target increased to US$80.33

Price target raised to US$77.33

Recent updates

Middlesex Water Company Declares Quarterly Cash Dividend, Payable June 3, 2024

Middlesex Water Company, Annual General Meeting, May 21, 2024

Middlesex Water Company announced delayed annual 10-K filing

Price target decreased by 7.7% to US$72.00

New minor risk - Insider selling

Upcoming dividend of US$0.33 per share at 2.3% yield

Third quarter dividend of US$0.33 announced

Middlesex Water Company Declares Quarterly Cash Dividend, Payable on March 1, 2024

Middlesex Water Company Announces CEO Changes

Insufficient new directors

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

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

Third quarter 2023 earnings released: EPS: US$0.56 (vs US$0.81 in 3Q 2022)

Upcoming dividend of US$0.33 per share at 1.9% yield

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

Middlesex Water Company Declares Cash Dividend on Its Common Stock, Payable on December 1, 2023

Price target decreased by 9.6% to US$80.50

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

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

Upcoming dividend of US$0.31 per share at 1.6% yield

Second quarter 2023 earnings released: EPS: US$0.56 (vs US$0.50 in 2Q 2022)

Middlesex Water Company Declares Quarterly Cash Dividend, Payable on September 1, 2023

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

Dennis W. Doll Plans to Retire as President of Middlesex Water Company

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

Upcoming dividend of US$0.31 per share at 1.7% yield

Price target decreased by 8.2% to US$89.00

First quarter 2023 earnings released: EPS: US$0.33 (vs US$0.69 in 1Q 2022)

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

Full year 2022 earnings released: EPS: US$2.40 (vs US$2.08 in FY 2021)

Middlesex Water Company Declares Cash Dividend, Payable March 1, 2023

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

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

Insider recently sold US$202k worth of stock

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

Upcoming dividend of US$0.31 per share

Third quarter 2022 earnings released: EPS: US$0.81 (vs US$0.65 in 3Q 2021)

Middlesex Water Company Declares Cash Dividend, Payable on December 1, 2022

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

Middlesex Water Company Enters into Perfluorooctanoic Acid-Related Administrative Consent Order with the New Jersey Department of Environmental Protection

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

Upcoming dividend of US$0.29 per share

Second quarter 2022 earnings released: EPS: US$0.50 (vs US$0.62 in 2Q 2021)

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

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

Middlesex Water Company Declares Cash Dividend, Payable on September 1, 2022

Middlesex Water declares $0.29 dividend

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

Middlesex Water Begins Treating Ground Water for PFAS Compounds

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

Don't Buy Middlesex Water Just For The Dividend

Upcoming dividend of US$0.29 per share

First quarter 2022 earnings released: EPS: US$0.69 (vs US$0.39 in 1Q 2021)

Middlesex Water Company Declares Quarterly Cash Dividend, Payable on June 1, 2022

Middlesex Water Company, Annual General Meeting, May 23, 2022

Insider recently sold US$103k worth of stock

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

Chairman recently sold US$317k worth of stock

Chairman notifies of intention to sell stock

Independent Lead Director recently sold US$50k worth of stock

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

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.29 per share

Middlesex Water Is Still Expensive

Middlesex Water Company Declares Quarterly Cash Dividend, Payable on March 1, 2022

Artesian Wastewater Management, Inc completed the acquisition of Tidewater Environmental Services Inc., from Middlesex Water Company (NasdaqGS:MSEX).

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

Vice President of Human Resources recently sold US$53k worth of stock

Upcoming dividend of US$0.29 per share