Middlesex Water Company (MSEX): Price and Financial Metrics

Middlesex Water Company (MSEX): $68.25

0.15 (-0.22%)

POWR Rating

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Industry: Water




#11 of 12

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MSEX Price/Volume Stats

Current price $68.25 52-week high $93.68
Prev. close $68.40 52-week low $61.34
Day low $67.72 Volume 42,800
Day high $68.56 Avg. volume 120,602
50-day MA $65.14 Dividend yield 1.89%
200-day MA $74.48 Market Cap 1.22B

MSEX Stock Price Chart Interactive Chart >


  • MSEX scores best on the Stability dimension, with a Stability rank ahead of 55.21% of US stocks.
  • The strongest trend for MSEX is in Growth, which has been heading down over the past 177 days.
  • MSEX's current lowest rank is in the Value metric (where it is better than 6.23% of US stocks).

MSEX Stock Summary

  • Of note is the ratio of MIDDLESEX WATER CO's sales and general administrative expense to its total operating expenses; only 0.17% of US stocks have a lower such ratio.
  • For MSEX, its debt to operating expenses ratio is greater than that reported by 96.14% of US equities we're observing.
  • MSEX's price/sales ratio is 7.06; that's higher than the P/S ratio of 85.76% of US stocks.
  • If you're looking for stocks that are quantitatively similar to MIDDLESEX WATER CO, a group of peers worth examining would be MTN, OTTR, ARTNA, NWN, and BKH.
  • Visit MSEX's SEC page to see the company's official filings. To visit the company's web site, go to www.middlesexwater.com.

MSEX Valuation Summary

  • MSEX's price/sales ratio is 7; this is 311.76% higher than that of the median Utilities stock.
  • Over the past 243 months, MSEX's price/sales ratio has gone up 3.6.

Below are key valuation metrics over time for MSEX.

Stock Date P/S P/B P/E EV/EBIT
MSEX 2023-11-24 7.0 2.8 35.6 33.9
MSEX 2023-11-22 7.0 2.8 35.5 33.8
MSEX 2023-11-21 6.9 2.7 35.0 33.5
MSEX 2023-11-20 6.8 2.7 34.5 33.1
MSEX 2023-11-17 7.0 2.8 35.6 33.9
MSEX 2023-11-16 7.0 2.8 35.6 33.9

MSEX Growth Metrics

    The 3 year cash and equivalents growth rate now stands at -51.47%.
  • Its 3 year net cashflow from operations growth rate is now at -15.68%.
  • Its 4 year cash and equivalents growth rate is now at 616.51%.
MSEX's revenue has moved up $23,037,000 over the prior 33 months.

The table below shows MSEX's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 157.635 58.631 42.377
2022-06-30 149.777 45.31 39.562
2022-03-31 146.795 37.561 41.617
2021-12-31 143.141 33.028 36.423
2021-09-30 143.743 34.703 37.493
2021-06-30 143.789 47.115 38.754

MSEX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • MSEX has a Quality Grade of D, ranking ahead of 19.68% of graded US stocks.
  • MSEX's asset turnover comes in at 0.143 -- ranking 87th of 105 Utilities stocks.
  • AVA, AQN, and SJW are the stocks whose asset turnover ratios are most correlated with MSEX.

The table below shows MSEX's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.143 0.385 0.033
2021-06-30 0.146 0.392 0.035
2021-03-31 0.147 0.389 0.036
2020-12-31 0.148 0.395 0.037
2020-09-30 0.149 0.392 0.038
2020-06-30 0.149 0.386 0.037

MSEX Price Target

For more insight on analysts targets of MSEX, see our MSEX price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $97.50 Average Broker Recommendation 1.67 (Moderate Buy)

Middlesex Water Company (MSEX) Company Bio

Middlesex Water Company provides regulated and unregulated water and wastewater utility services in New Jersey, Delaware and Pennsylvania through various subsidiary companies. The company was founded in 1897 and is based in Iselin, New Jersey.

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Latest MSEX News From Around the Web

Below are the latest news stories about MIDDLESEX WATER CO that investors may wish to consider to help them evaluate MSEX as an investment opportunity.

Middlesex Water Company Earns Governance, Infrastructure Honors

ISELIN, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), a leading provider of water, wastewater and related services, announced it was selected the Winner by an independent panel of judges, in the category of Best Compliance and Ethics Program at the 16th Annual Corporate Governance Awards. The Company had been named a finalist and was announced the category winner at a gala ceremony on November 8, hosted by Governance Intelligence, formerly Corporate Secretary. M

Yahoo | November 15, 2023

Does The Market Have A Low Tolerance For Middlesex Water Company's (NASDAQ:MSEX) Mixed Fundamentals?

Middlesex Water (NASDAQ:MSEX) has had a rough three months with its share price down 24%. We, however decided to study...

Yahoo | November 12, 2023

Middlesex Water Announces Third Quarter 2023 Financial Results

ISELIN, N.J., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today announced third quarter financial results. Third Quarter ResultsRevenues for the quarter ended September 30, 2023 decreased $1.0 million to $46.7 million, compared to the same period in 2022. Middlesex System revenues decreased $0.2 million due mostly to lower customer demand partially offset by the implementation of the final pha

Yahoo | November 9, 2023

Tidewater Utilities Announces Leadership Change

Bruce E. Patrick Named President of Tidewater Utilities, Inc. Bruce E. Patrick, P.E. Has Been Named President of Tidewater Utilities, a subsidiary of Middlesex Water Company, effective December 1, 2023. DOVER, Del., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (Middlesex) (NASDAQ: MSEX) has named Bruce E. Patrick, P.E., President of Tidewater Utilities, Inc., (Tidewater) a wholly owned subsidiary of Middlesex Water Company. Tidewater, together with its wholly owned subsidiary, South

Yahoo | November 6, 2023

Middlesex Water Company Named a Corporate Governance Award Finalist

ISELIN, N.J., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), a leading provider of water and wastewater services, is proud to announce that it has been named a finalist for the prestigious Corporate Governance Awards, sponsored by Corporate Secretary, a digital and print platform where corporate governance experts share their experience and best practice recommendations. The Company has been recognized in the category of Best Compliance and Ethics Program. The Corporat

Yahoo | November 1, 2023

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MSEX Price Returns

1-mo 8.06%
3-mo -4.82%
6-mo -17.82%
1-year -23.60%
3-year 0.76%
5-year 40.12%
YTD -11.78%
2022 -33.75%
2021 68.03%
2020 15.78%
2019 21.12%
2018 36.54%

MSEX Dividends

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