Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Middlesex Water Co Market Cap
From what 2 stock analysts predict, the share price for Middlesex Water Co (MSEX) might increase by 8.89% in the next year. This is based on a 12-month average estimation for MSEX. Price targets go from $61 to $71. The majority of stock analysts believe MSEX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Middlesex Water Co has a total of 2 Wall St Analyst ratings. There are 1 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Middlesex Water Co will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of MSEX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Ben Kallo Baird | Neutral | $61 | Maintains | Nov 1, 2024 |
| Ben Kallo Baird | Neutral | $58 | Downgrade | Aug 5, 2024 |
| Ben Kallo Baird | Outperform | $58 | Maintains | May 9, 2024 |
| Ben Kallo Baird | Outperform | $59 | Maintains | Mar 1, 2024 |
| Ben Kallo Baird | Outperform | $85 | Maintains | May 2, 2023 |
| Ben Kallo Baird | Outperform | $88 | Maintains | Mar 1, 2023 |
| Michael Gaugler Janney Montgomery Scott | Buy | Upgrade | Jun 24, 2022 | |
Janney Montgomery Scott | Neutral | Downgrade | Apr 14, 2021 | |
Janney Capital | Buy | Upgrade | Mar 2, 2021 | |
Janney Montgomery Scott | Buy | Upgrade | Mar 2, 2021 | |
Baird | Outperform | Initiates | Dec 4, 2019 | |
Janney Capital | Buy | Upgrade | May 8, 2019 | |
Janney Montgomery Scott | Buy | $66 | Upgrade | May 8, 2019 |
Janney Montgomery Scott | Buy | Upgrade | Nov 5, 2018 | |
Janney Capital | Buy | Upgrade | Nov 5, 2018 | |
Janney Montgomery Scott | Neutral | Downgrade | May 9, 2018 | |
Janney Capital | Neutral | Downgrade | May 9, 2018 | |
Janney Montgomery Scott | Neutral | Initiates | Feb 17, 2017 | |
Janney Capital | Neutral | Initiates | Feb 17, 2017 | |
Baird | Neutral | Downgrade | Mar 2, 2016 |
When did it IPO
1990
Staff Count
355
Country
United States
Sector/Industry
Utilities/Utilities - Regulated Water
CEO
Ms. Nadine M. Duchemin-Leslie
Market Cap
$1.08B
In 2023, MSEX generated $166.3M in revenue, which was a increase of 2.36% from the previous year. This can be seen as a signal that MSEX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Middlesex Water Company (Nasdaq:MSEX) appointed Gregory Sorensen as Vice President and COO, effective December 16, 2024, as part of its succession planning and realignment efforts.
Why It Matters - Leadership changes can impact company performance and strategy, influencing investor confidence and stock valuation. Monitoring this transition will be key for assessing future growth potential.
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Middlesex Water Company (Nasdaq: MSEX) provides water and wastewater services in New Jersey and Delaware, with recent announcements made on November 26, 2024.
Why It Matters - Middlesex Water Company's announcement could signal changes in management or strategy, impacting operational efficiency and financial performance, which directly affects stock valuation.
Wed, 06 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Seventeen companies raised dividends by an average of 8.3%, indicating strong growth. These firms have at least five years of consistent dividend increases, outperforming benchmarks.
Why It Matters - Consistent dividend increases signal financial health and stability, attracting income-focused investors and potentially boosting stock prices. Strong performers outperforming benchmarks enhance portfolio resilience.
Thu, 31 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - The company reported diluted earnings per share of $0.80 for the quarter, a 42.9% increase year-over-year, and raised its common dividend by 4.62%.
Why It Matters - Strong earnings growth and a rising dividend signal robust financial health and shareholder value, potentially boosting investor confidence and market position.
Thu, 31 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Middlesex Water (MSEX) reported Q3 earnings of $0.80 per share, surpassing the Zacks Consensus Estimate of $0.67, and up from $0.56 per share from the previous year.
Why It Matters - Middlesex Water's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for future profitability, which can positively influence stock prices.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Middlesex Water Company (NASDAQ: MSEX) declared a quarterly cash dividend of $0.34 per share, a 4.62% increase from the previous $0.325 per share in July 2024.
Why It Matters - Middlesex Water's dividend increase signals financial strength and commitment to returning value to shareholders, potentially attracting income-focused investors.
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