Middlesex Water (MSEX) Projected to Post Earnings on Friday

Posted by Stacy Sanders on Feb 26th, 2025

Middlesex Water (NASDAQ:MSEX – Get Free Report) will likely be posting its quarterly earnings results after the market closes on Friday, February 28th. Analysts expect Middlesex Water to post earnings of $0.36 per share and revenue of $45.00 million for the quarter.

Middlesex Water Stock Performance

MSEX opened at $51.80 on Thursday. The business’s 50-day moving average price is $51.17 and its two-hundred day moving average price is $59.36. Middlesex Water has a 1 year low of $45.42 and a 1 year high of $70.73. The company has a market capitalization of $924.89 million, a price-to-earnings ratio of 22.52, a P/E/G ratio of 1.50 and a beta of 0.85. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.65 and a quick ratio of 0.57.

Middlesex Water Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date is Tuesday, February 18th. Middlesex Water’s dividend payout ratio is currently 59.13%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on MSEX shares. Robert W. Baird lifted their target price on Middlesex Water from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Bank of America started coverage on Middlesex Water in a research report on Wednesday, December 11th. They issued an “underperform” rating and a $56.00 target price on the stock.

View Our Latest Stock Report on MSEX

About Middlesex Water

(Get Free Report)

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in Regulated and Non-Regulated segments. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, as well as provides regulated wastewater systems in New Jersey and Delaware.