Market openNon-fractional
Middlesex Water/MSEX
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Middlesex Water
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
Ticker
MSEX
Sector
Utilities
Trading on
NASDAQ
Industry
Water Utilities
Headquarters
Iselin, United States
Employees
355
Website
www.middlesexwater.com
Middlesex Water Metrics
BasicAdvanced
$940M
Market cap
26.01
P/E ratio
$2.03
EPS
0.74
Beta
$1.28
Dividend rate
2.42%
Dividend yield
Price and volume
Market cap
$940M
Beta
0.74
Dividend rate
$1.28
Financial strength
Current ratio
0.949
Quick ratio
0.852
Long term debt to equity
83.733
Total debt to equity
99.189
Dividend payout ratio (TTM)
62.71%
Interest coverage (TTM)
3.29%
Management effectiveness
Return on assets (TTM)
2.38%
Return on equity (TTM)
8.70%
Valuation
Price to earnings (TTM)
26.007
Price to revenue (TTM)
5.558
Price to book
2.18
Price to tangible book (TTM)
2.18
Price to free cash flow (TTM)
-25.536
Dividend yield (TTM)
2.42%
Growth
Revenue change (TTM)
2.58%
Earnings per share change (TTM)
-0.44%
3-year revenue growth
5.81%
3-year earnings per share growth
-1.75%
3-year dividend per share growth
6.43%
What the Analysts think about Middlesex Water
Analyst Ratings
Majority rating from 2 analysts.
Middlesex Water Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$41M
4.92%
Net income
$11M
85.96%
Profit margin
26.17%
77.30%
Middlesex Water Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.55
$0.56
$0.32
$0.59
-
Expected
$0.60
$0.87
$0.52
$0.47
$0.64
Surprise
-8.33%
-35.63%
-38.46%
26.88%
-
Middlesex Water News
AllArticlesVideos
Middlesex Water Company Names New Chief Financial Officer
GlobeNewsWire·4 weeks ago
Middlesex Water Company Unveils $9.7 Million Initiative to Enhance Water Infrastructure in Woodbridge
GlobeNewsWire·4 weeks ago
Middlesex Water Chairman, Dennis Doll, Honored with NJUA Distinguished Service Award
GlobeNewsWire·1 month ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Market openNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Middlesex Water stock?
Middlesex Water (MSEX) has a market cap of $940M as of July 05, 2024.
What is the P/E ratio for Middlesex Water stock?
The price to earnings (P/E) ratio for Middlesex Water (MSEX) stock is 26.01 as of July 05, 2024.
Does Middlesex Water stock pay dividends?
Yes, the Middlesex Water (MSEX) stock pays dividends to shareholders. As of July 05, 2024, the dividend rate is $1.275 and the yield is 2.42%. Middlesex Water has a payout ratio of 62.71% on a trailing twelve-month basis.
When is the next Middlesex Water dividend payment date?
The next Middlesex Water (MSEX) dividend payment date is unconfirmed.
What is the beta indicator for Middlesex Water?
Middlesex Water (MSEX) has a beta rating of 0.74. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.
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