Middlesex Water Co logo

MSEX - Middlesex Water Co Share Price

$62.09 -0.3  -0.5%

Last Trade - 21/09/20

Sector
Utilities
Size
Mid Cap
Market Cap £844.1m
Enterprise Value £1.05bn
Revenue £106.5m
Position in Universe 2309th / 6392
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -3.88%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -13.8%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
117.1 126 132.9 130.8 138.1 134.6 140 145 +2.8%
+10.5 +8.0 +13.4 -2.7 +45.8 +2.6 +5.69 +3.76
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Middlesex Water Company revenues increased 5% to $67M. Net income applicable to common stockholders increased 18% to $17.3M. Revenues reflect Regulated segment increase of 5% to $61.2M, Non-regulated segment increase of 2% to $6.1M. Net income benefited from Regulated segment income increase of 4% to $14.5M. Dividend per share increased from $0.48 to $0.51.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for MSEX
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. The Company's segments include Regulated and Non-Regulated. The Regulated segment is engaged in the business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey, Delaware and Pennsylvania. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The Middlesex System treats, stores and distributes water for residential, commercial, industrial and fire protection purposes.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated December 31, 1897
Public Since October 30, 1989
No. of Shareholders: 1,845
No. of Employees: 352
Sector Utilities
Industry Water Utilities
Index Nasdaq Composite ,
Exchange NASDAQ Global Select Market
Shares in Issue 17,464,795
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MSEX Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for MSEX
Upcoming Events for MSEX
Friday 30th October, 2020 Estimate
Q3 2020 Middlesex Water Co Earnings Release
Thursday 25th February, 2021 Estimate
Q4 2020 Middlesex Water Co Earnings Release
Frequently Asked Questions for Middlesex Water Co
What is the Middlesex Water Co share price?

As of 21/09/20, shares in Middlesex Water Co are trading at $62.09, giving the company a market capitalisation of £844.1m. This share price information is delayed by 15 minutes.

How has the Middlesex Water Co share price performed this year?

Shares in Middlesex Water Co are currently trading at $62.09 and the price has moved by -2.65% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Middlesex Water Co price has moved by -13.23% over the past year.

What are the analyst and broker recommendations for Middlesex Water Co?

Of the analysts with advisory recommendations for Middlesex Water Co, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Middlesex Water Co is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Middlesex Water Co next release its financial results?

Middlesex Water Co is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Middlesex Water Co dividend yield?

The Middlesex Water Co dividend yield is 1.62% based on the trailing twelve month period.

Does Middlesex Water Co pay a dividend?

Last year, Middlesex Water Co paid a total dividend of 1.01, and it currently has a trailing dividend yield of 1.62%. Looking ahead, Middlesex Water Co has not announced an ex-dividend date yet.

When does Middlesex Water Co next pay dividends?

Middlesex Water Co has yet to annouce their ex-dividend date. The historic dividend yield on Middlesex Water Co shares is currently 1.62%.

How do I buy Middlesex Water Co shares?

To buy shares in Middlesex Water Co you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Middlesex Water Co?

Shares in Middlesex Water Co are currently trading at $62.09, giving the company a market capitalisation of £844.1m.

Where are Middlesex Water Co shares listed? Where are Middlesex Water Co shares listed?

Here are the trading details for Middlesex Water Co:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: MSEX
What kind of share is Middlesex Water Co?

Based on an overall assessment of its quality, value and momentum, Middlesex Water Co is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Middlesex Water Co share price forecast 2020?

Shares in Middlesex Water Co are currently priced at $62.09. At that level they are trading at 14.27% discount to the analyst consensus target price of 0.00.

Analysts covering Middlesex Water Co currently have a consensus Earnings Per Share (EPS) forecast of 2.125 for the next financial year.

How can I tell whether the Middlesex Water Co share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Middlesex Water Co. Over the past six months, the relative strength of its shares against the market has been -26.83%. At the current price of $62.09, shares in Middlesex Water Co are trading at -2.25% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Middlesex Water Co PE Ratio?

The Middlesex Water Co PE ratio based on its reported earnings over the past 12 months is 29.52. The shares are currently trading at $62.09.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Middlesex Water Co?

Middlesex Water Co's management team is headed by:

A. Bruce O'Connor - CFO
Walter Reinhard - LED
Dennis Doll - CHM
Bernadette Sohler - VPR
Steven Klein - IND
Amy Mansue - IND
James Cosgrove - IND
Lorrie Ginegaw - VPR
Jay Kooper - VPR
Kim Hanemann - IND
G. Christian Andreasen - VPR
Georgia Simpson - VPR
Robert Fullagar - VOP
Who are the major shareholders of Middlesex Water Co?

Here are the top five shareholders of Middlesex Water Co based on the size of their shareholding:

T. Rowe Price Associates, Inc. Investment Advisor
Percentage owned: 10.32% (1.80m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 6.25% (1.09m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 6.23% (1.09m shares)
Pictet Asset Management Ltd. Investment Advisor/Hedge Fund
Percentage owned: 3.46% (604k shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 3.33% (582k shares)
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