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    M

    Middlesex Water Company (MSEX)

    Official site

    UTILITIES • UTILITIES - REGULATED WATER • NASDAQ

    $53.91
    +0.27 (+0.50%)

    Market Cap: $1.02B

    Last updated: Oct 16, 2026 at 4:56 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    38%(15/39)
    Avg Surprise
    -4.09%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.83
    Range$0.83 - $0.83
    1 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.830.0%
    60d ago$0.830.0%
    30d ago$0.830.0%
    7d ago$0.830.0%
    Current$0.83
    Revenue Consensus
    $60M
    Range$60M - $61M
    2 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.55
    Range$0.55 - $0.55
    1 analysts
    Revenue Consensus
    $52M
    Range$52M - $53M
    2 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.55---
    Sep 26EST
    		-$0.83---
    Jun 26
    Reported Jul 30
    		$0.79$0.70+12.86%Beat+31.7%
    Mar 26
    Reported Apr 30
    		$0.57$0.59-3.39%Miss+7.5%
    Dec 25
    Reported Feb 19
    		$0.46$0.47-1.08%Miss-6.1%
    Sep 25
    Reported Oct 31
    		$0.77$0.85-9.41%Miss-3.8%
    Jun 25
    Reported Jul 31
    		$0.60$0.67-10.45%Miss+1.7%
    Mar 25
    Reported May 1
    		$0.53$0.57-7.02%Miss-10.2%
    Dec 24
    Reported Feb 28
    		$0.49$0.36+36.11%Beat+53.1%
    Sep 24
    Reported Oct 31
    		$0.80$0.68+17.65%Beat+42.9%
    Jun 24
    Reported Jul 31
    		$0.59$0.64-7.81%Miss+7.3%
    Mar 24
    Reported May 8
    		$0.59$0.45+31.11%Beat+78.8%
    Dec 23
    Reported Feb 29
    		$0.32$0.52-38.46%Miss-20.0%
    Sep 23
    Reported Nov 9
    		$0.56$0.87-35.63%Miss-30.0%
    Jun 23
    Reported Jul 28
    		$0.55$0.60-8.33%Miss+10.0%
    Mar 23
    Reported May 1
    		$0.33$0.47-29.79%Miss-17.5%
    Dec 22
    Reported Feb 24
    		$0.40$0.54-25.93%Miss-2.4%
    Sep 22
    Reported Oct 28
    		$0.80$0.88-9.09%Miss+23.1%
    Jun 22
    Reported Jul 29
    		$0.50$0.71-29.58%Miss-19.4%
    Mar 22
    Reported Apr 29
    		$0.40$0.52-23.08%Miss+2.6%
    Dec 21
    Reported Feb 25
    		$0.41$0.52-21.15%Miss-12.8%
    Sep 21
    Reported Oct 29
    		$0.65$0.80-18.75%Miss-9.7%
    Jun 21
    Reported Jul 30
    		$0.62$0.58+6.90%Beat+12.7%
    Mar 21
    Reported May 5
    		$0.39$0.46-15.22%Miss-11.4%
    Dec 20
    Reported Feb 25
    		$0.47$0.43+9.30%Beat+0.0%
    Sep 20
    Reported Oct 30
    		$0.72$0.70+2.86%Beat+9.1%
    Jun 20
    Reported Jul 31
    		$0.55$0.51+7.84%Beat+12.2%
    Mar 20
    Reported May 5
    		$0.44$0.38+15.79%Beat+12.8%
    Dec 19
    Reported Feb 27
    		$0.47$0.41+14.63%Beat+9.3%
    Sep 19
    Reported Nov 1
    		$0.66$0.72-8.33%Miss-10.8%
    Jun 19
    Reported Jul 31
    		$0.49$0.55-10.91%Miss-5.8%
    Mar 19
    Reported May 6
    		$0.39$0.31+25.81%Beat+44.4%
    Dec 18
    Reported Mar 8
    		$0.43$0.42+2.38%Beat+34.4%
    Sep 18
    Reported Nov 2
    		$0.74$0.65+13.85%Beat+60.9%
    Jun 18
    Reported Aug 2
    		$0.52$0.38+36.84%Beat+57.6%
    Mar 18
    Reported May 7
    		$0.27$0.27+0.00%Beat+0.0%
    Dec 17
    Reported Mar 9
    		$0.32$0.33-3.03%Miss+68.4%
    Sep 17
    Reported Nov 2
    		$0.46$0.55-16.36%Miss-
    Jun 17
    Reported Aug 1
    		$0.33$0.38-13.16%Miss-
    Mar 17
    Reported May 4
    		$0.27$0.31-12.90%Miss-
    Dec 16
    Reported Mar 3
    		$0.19$0.29-34.48%Miss-

    Dividends

    Dividend Metrics

    Forward Yield2.67%
    Forward Annual Dividend$1.44
    Payout Ratio45.94%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+5.28%
    5Y CAGR+5.79%
    MSEX dividend history and ex-dividend datesRun MSEX in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio20.81EV/EBITDA14.03x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin23.30%Operating Margin34.40%
    ROE9.77%ROIC6.65%
    Financial Health
    Debt/Equity0.77xInterest Coverage4.51x
    Current Ratio0.50xQuick Ratio0.41x
    Trading Statistics
    Beta0.73Avg Volume146.85K
    52-Week High$60.5552-Week Low$43.01

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$53.43
    SMA 20$53.54
    SMA 50$56.14
    SMA 200$53.57
    EMA 10$53.59
    EMA 20$53.99
    EMA 50$54.99
    EMA 200$54.49

    MACD

    Line: -0.68Signal: -0.90Hist: 0.22

    ADX

    ADX: 31.2+DI: 16.7-DI: 19.0

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down60.0
    PSAR$52.50

    Bollinger Bands

    Upper Band$55.16
    Lower Band$51.92
    %B Position605%(Upper)
    Band Width0.61

    RSI (14-Day)

    Neutral
    45.8

    Momentum Oscillators

    Stoch %K76.1
    Stoch %D70.9
    Williams %R-32.0
    ROC (10d)2.8%
    Momentum1.48
    CCI (20d)68.1
    MFI (14d)56.7

    Volatility Measures

    ATR (14d)$1.07(2.0%)
    StdDev (20d)0.81
    Hist Vol17.9%(Low)

    Volume Flow

    VWAP$54.21
    OBV-3.6M
    AD Line-39.9M
    CMF (20d)-0.084

    Volume Metrics

    Avg Vol (20d)150.2K
    Vol Ratio1.1x
    VWMA (20d)$53.55

    Pivot Points

    R3$55.28
    R2$54.72
    R1$54.18
    Pivot Point$53.61
    S1$53.07
    S2$52.51
    S3$51.97

    Advanced Oscillators

    TSI-21.04
    Ultimate Osc50.1
    KST-62.30

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$56.36M$48.71M$46.98M$54.09M$49.32M$44.30M$47.11M$55.10M$49.15M$40.52M$38.60M$46.72M
    Cost of Revenue$25.40M$23.01M$23.38M$23.74M$23.07M$21.11M$24.71M$25.36M$21.82M$20.46M$60.53M$22.58M
    Gross Profit$30.96M$25.70M$23.60M$30.35M$26.26M$23.19M$22.39M$29.74M$27.32M$20.06M$-21,930,000$24.13M
    Operating Expenses$12.73M$12.60M$12.40M$12.65M$12.35M$11.63M$11.86M$12.24M$12.01M$10.19M$-30,172,000$11.31M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$18.23M$13.10M$11.20M$17.70M$13.91M$11.56M$10.53M$17.50M$15.31M$9.87M$8.24M$12.82M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$4.02M$3.21M$3.76M$4.20M$3.62M$2.71M$3.30M$3.41M$4.04M$3.27M$3.78M$3.52M
    Income Before Tax$16.56M$11.89M$9.43M$15.39M$12.19M$10.64M$9.31M$16.06M$13.93M$11.96M$5.66M$10.74M
    Income Tax Expense$1.79M$1.28M$819,000$1.43M$1.41M$1.16M$503,000$1.74M$3.38M$1.28M$-102,000$746,000
    Net Income$14.77M$10.61M$8.61M$13.96M$10.78M$9.48M$8.80M$14.32M$10.55M$10.68M$5.76M$9.99M
    EBITDA$27.51M$23.29M$21.69M$28.12M$23.35M$21.27M$20.42M$26.69M$25.00M$21.21M$16.78M$21.82M
    EBIT$20.58M$15.10M$13.19M$19.59M$15.81M$13.35M$12.61M$19.47M$17.97M$15.23M$9.44M$14.25M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Middlesex Water sets October 29 results date. Middlesex Water stock has USD 1.0 billion value

    Middlesex Water Company (MSEX) is scheduled to release its third-quarter 2026 financial results on October 29, 2026...

    ad-hoc-news.de•10/16/26•Neutral

    Middlesex Water Q3FY26 Results: Earnings release scheduled for October 29

    Middlesex Water Company is set to release its Q3FY26 financial results on Thursday, October 29, 2026, after market close, via a Form 10-Q filing on its Investors website section. The announcement, made on October 15...

    scanx.trade•10/15/26•Neutral

    Middlesex Water Company to Report Third Quarter 2026 Earnings on October 29

    Middlesex Water Company (NASDAQ: MSEX) announced it will release its third-quarter 2026 earnings on Thursday, October 29, 2026, after the market closes. The company will also host a conference call the following day...

    Moomoo•10/15/26•Neutral

    Middlesex Water Company to Report Third Quarter 2026 Earnings on October 29

    Middlesex Water Company (NASDAQ: MSEX) announced it will release its financial results for the third quarter ended September 30, 2026, after the market closes on Thursday, October 29...

    Yahoo Finance•10/15/26•Neutral

    Bank of America buys stake in Middlesex Water stock

    Bank of America has disclosed a $2.27 million position in Middlesex Water stock as of October 1, 2026. This comes as Middlesex Water reported strong second-quarter results...

    ad-hoc-news.de•10/13/26•Somewhat-Bullish

    MSEX Valuation and Fair Value

    P/E
    20.8x
    Forward P/E
    28.6x
    EV/EBITDA
    14.0x
    PEG
    18.4x
    P/B
    1.9x
    See GNG's fair value

    MSEX Profitability: Margins, ROIC and FCF

    Gross margin
    53.7%
    Operating margin
    34.4%
    Net margin
    23.3%
    ROIC
    6.6%
    ROE
    9.8%
    FCF margin
    -18.1%

    MSEX Competitors

    CompanyTicker
    Suburban Propane Partners LPSPH
    UNITIL CorporationUTL
    Fluence Energy IncFLNC
    Empresa Distribuidora y Comercializadora Norte SA ADREDN
    Hawaiian Electric Industries IncHE
    Entergy Arkansas LLC Deb 2066EAI
    Centuri Holdings, Inc.CTRI
    XPLR Infrastructure LP UnitXIFR

    Sector: Utilities

    MSEX Bull Case vs Bear Case

    Bull case

    • MSEX has a 23.3% net profit margin.
    • MSEX grew quarterly revenue 14.3% year over year.

    Bear case

    • MSEX beat EPS estimates in 37.5% of its last 8 reported quarters.

    MSEX Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    4.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.83
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 1 down

    MSEX Dividend

    Forward yield
    2.7%
    Payout ratio
    45.9%
    3Y DPS growth
    5.3%
    5Y DPS growth
    5.8%
    Pay months
    Mar, Jun, Sep, Dec
    MSEX dividend history

    Frequently Asked Questions About MSEX

    What is MSEX's current dividend yield?

    Middlesex Water Company (MSEX) has a forward dividend yield of 2.67%.

    Does MSEX pay dividends?

    Yes, Middlesex Water Company pays dividends with a forward dividend yield of 2.67%.

    What is MSEX's P/E ratio?

    Middlesex Water Company has a price-to-earnings (P/E) ratio of 20.81.

    What is MSEX's market cap?

    Middlesex Water Company (MSEX) has a market capitalization of $1.02B with a current stock price of $53.91.

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