MSEX Stock Forecast, Price Targets, Chart, Dividends & Analysis
Middlesex Water Company
MSEX 
NGS
Sector: Utilities
Industry: Utilities - Regulated Water
60.46
USD
-0.41
(-0.67%)
Previous close: 60.87 Open: 60.26 Bid: 56.5 Ask: 64.0
52 week range
45.42 70.73
Mkt Cap: 1,089 M Avg Vol (90 Days): 160,898
Last updated: Thursday 10th April 2025
Metrics
Valuation
Returns
7 Day Return | -5.34% | |
1 Month Return | -6.88% | |
3 Month Return | 23.72% | |
1 Year Return | 22.88% | |
3 Year Return | -37.26% | |
5 Year Return | 4.55% | |
YTD Return | 14.88% |
Risk
Dividends
Analyst Estimates
Financial Health
Technicals
RSI (14 Day) | 48.98 |
14 Day SMA ($) | 62.40 |
14 Day EMA ($) | 62.09 |
Money Flow Index | 25.75 |
Average True Range | 2.36 |
50 Day SMA ($) | 56.91 |
200 Day SMA ($) | 59.75 |
ADX | 47.89 |
MACD | -1.97 |
Growth
Profitability
Peers
| Stock | Dividend | Market Cap (B) | PE | Price ($) |
|---|
Financials
MSEX Income Statement
Annual
| Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AccruedPreferredStockDividends | 144000.0 | 144000.0 | 144000.0 | 144000.0 | 132000.0 | 120000.0 | 120000.0 | 120000.0 | 120000.0 | 112000.0 |
| Basic EPS from continuing operations | 1.23 | 1.39 | 1.39 | 1.97 | 2.02 | 2.19 | 2.08 | 2.4 | 1.77 | 2.48 |
| Basic EPS total | 1.23 | 1.39 | 1.39 | 1.97 | 2.02 | 2.19 | 2.08 | 2.4 | 1.77 | 2.48 |
| Basic weighted shares outstanding | 16 M | 16 M | 16 M | 16 M | 17 M | 17459.0 | 17 M | 17597.0 | 17732.0 | 18 M |
| Cost of sales | 71 M | 74 M | 79 M | 83 M | 92 M | |||||
| Depreciation | 14 M | 15 M | 17 M | 18 M | 21 M | 23 M | 25 M | 24 M | ||
| Depreciation unreconciled | 14 M | 15 M | 17 M | 18 M | 21 M | 23 M | 25 M | 24 M | ||
| Diluted EPS total | 1.22 | 1.38 | 1.38 | 1.96 | 2.01 | 2.18 | 2.07 | 2.39 | 1.76 | 2.47 |
| Diluted normalized net income/share | 1.22 | 1.38 | 1.38 | 1.96 | 2.01 | 2.18 | 2.07 | 2.39 | 1.76 | 2.47 |
| Diluted weighted shares outstanding | 16 M | 16 M | 16 M | 17 M | 17 M | 17574.0 | 18 M | 17712.0 | 17847.0 | 18 M |
| Dividends paid per share | 0.78 | 0.81 | 0.86 | 0.91 | 0.98 | 1.04 | 1.25 | 1.3 | 1.32 | |
| Earnings from equity interest | 5 M | |||||||||
| EarningsFromEquityInterestNetOfTax | 5 M | |||||||||
| GeneralAndAdministrativeExpense | 1000000.0 | 1 M | 900000.0 | 500000.0 | 1000000.0 | 2 M | ||||
| Gross operating profit | 126 M | 133 M | 131 M | 138 M | 135 M | 71 M | 69 M | 83 M | 83 M | 100 M |
| Income before tax | 31 M | 34 M | 34 M | 33 M | 31 M | 34 M | 31 M | 46 M | 33 M | 51 M |
| Income taxes | 11 M | 12 M | 11 M | 924000.0 | -3 M | -4 M | -5 M | 3 M | 1 M | 7 M |
| InterestExpenseNonOperating | 6 M | 5 M | 6 M | 7 M | 7 M | 3 M | 5 M | 7 M | 11 M | |
| MiscOtherSpecialCharges | 208000.0 | 662000.0 | 915000.0 | 2 M | -654000.0 | 363000.0 | 3 M | 5 M | 4 M | 11 M |
| Net income from total operations | 32 M | 35 M | 22 M | 31 M | 34 M | 38 M | 37 M | 42 M | 32 M | 44 M |
| NetIncomeCommonStockholders | 32 M | 35 M | 22 M | 31 M | 34 M | 38 M | 36 M | 42 M | 31 M | 44 M |
| NetIncomeContinuousOperations | 32 M | 35 M | 22 M | 31 M | 34 M | 38 M | 37 M | 42 M | 32 M | 44 M |
| NetNonOperatingInterestIncomeExpense | -6 M | -5 M | -6 M | -7 M | -7 M | -7 M | -8 M | 7 M | 11 M | |
| NonRecurringOperationExpense | 2 M | 4 M | 6 M | 8 M | 6 M | |||||
| Normalized income | 51 M | |||||||||
| Operating income | 48 M | 51 M | 38 M | 37 M | 36 M | 37 M | 33 M | 47 M | 39 M | 53 M |
| Operating income before depreciation (EBITDA) | 49 M | 53 M | 54 M | 56 M | 55 M | 59 M | 63 M | 80 M | 62 M | 79 M |
| OperatingExpense | -90 M | -92 M | -93 M | -101 M | 99 M | 104 M | 110 M | 41 M | 127 M | 139 M |
| OperationAndMaintenance | 83 M | 92 M | ||||||||
| Other income net | -208000.0 | -662000.0 | -915000.0 | -2 M | 654000.0 | -363000.0 | -3 M | 11 M | -4 M | -11 M |
| OtherCostofRevenue | 12 M | 13 M | -6 M | -7 M | 7 M | 7 M | 7 M | 7 M | 9 M | 8 M |
| OtherGandA | 1000000.0 | 1 M | 900000.0 | 500000.0 | 1000000.0 | 2 M | ||||
| OtherOperatingExpenses | 65 M | 68 M | 65 M | 72 M | -68 M | -71 M | -74 M | 21 M | 75 M | 85 M |
| OtherTaxes | 13 M | 14 M | 14 M | 14 M | 14 M | 15 M | 15 M | 18 M | 19 M | 22 M |
| OtherunderPreferredStockDividend | 144000.0 | 144000.0 | 144000.0 | 144000.0 | 132000.0 | 120000.0 | 120000.0 | 120000.0 | 120000.0 | 112000.0 |
| PreferredStockDividends | 144000.0 | 144000.0 | 144000.0 | 144000.0 | 132000.0 | 120000.0 | 120000.0 | 120000.0 | 120000.0 | 112000.0 |
| Special income/charges | 2 M | 4 M | 6 M | 8 M | 6 M | |||||
| Total Income available for interest expense (EBIT) | 36 M | 40 M | 39 M | 40 M | 38 M | 38 M | 37 M | 53 M | 33 M | 51 M |
| Total common shares outstanding | 16 M | 16 M | 16 M | 16 M | 17 M | 17 M | 18 M | 18 M | ||
| Total net income | 32 M | 35 M | 22 M | 31 M | 34 M | 38 M | 37 M | 42 M | 32 M | 44 M |
| Total ordinary shares | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M |
| Total revenues | 126 M | 133 M | 131 M | 138 M | 134 M | 141 M | 143 M | 162 M | 166 M | 192 M |
| TotalExpenses | -90 M | -92 M | -93 M | -101 M | 99 M | 104 M | 110 M | 120 M | 210 M | 231 M |
| TotalRevenue | 126 M | 133 M | 131 M | 138 M | 135 M | 142 M | 143 M | 162 M | 166 M | 192 M |
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