Megaphone Bottom
Previous Close | 79.71 |
Open | 80.10 |
Bid | 0.00 x 900 |
Ask | 0.00 x 800 |
Day's Range | 80.04 - 82.86 |
52 Week Range | 66.51 - 96.19 |
Volume | |
Avg. Volume | 148,980 |
Market Cap | 1.459B |
Beta (5Y Monthly) | 0.75 |
PE Ratio (TTM) | 39.11 |
EPS (TTM) | 2.11 |
Earnings Date | Jul 27, 2023 - Jul 31, 2023 |
Forward Dividend & Yield | 1.25 (1.57%) |
Ex-Dividend Date | May 11, 2023 |
1y Target Est | 89.00 |
American Water's (AWK) unit Kentucky American Water to upgrade its two water storage tanks. Over the last few years, AWK's Kentucky unit invested more than $100 million in infrastructure upgrades.
Middlesex Water's (NASDAQ:MSEX) stock is up by a considerable 5.3% over the past month. Given that stock prices are...
American Water Works' (AWK) Pennsylvania arm plans to upgrade and maintain its old storage tanks and construct new storage tanks by investing $17.5 million in 2023.
ISELIN, N.J., May 24, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water and wastewater and related services held its Annual Meeting of Shareholders exclusively online on May 23, 2023 at which shareholders re-elected Joshua Bershad, M.D., James F. Cosgrove, Jr., and Vaughn L. McKoy (all Class III Directors) and each to a three-year term. Shareholders also approved a non-binding advisory resolution approving the compensation of the Company’s named executive office
Efforts to Identify New Chief Executive Underway Dennis W. Doll Middlesex Water President & CEO Announces Retirement Plans ISELIN, N.J., May 16, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) President and Chief Executive Officer, Dennis W. Doll has announced a plan to retire upon turning age 65. Mr. Doll’s retirement is planned for the later of December 31, 2023 or, the date when a successor is duly named and on board. He will remain a member of the Board through the expiration
ISELIN, N.J., May 15, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) (Middlesex or the Company) today filed a petition with the New Jersey Board of Public Utilities (NJBPU) requesting an increase of approximately $33.9 million or 31.23% to its base rates in its Middlesex system. Middlesex is filing for new rates to recover prudently-incurred investments made to ensure proper maintenance, development and improvement of its utility assets to support continued regulatory compliance
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Middlesex Water (MSEX) delivered earnings and revenue surprises of -19.51% and 0.41%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ISELIN, N.J., May 01, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial results. First Quarter 2023 ResultsQuarterly consolidated operating revenues rose $2.0 million to $38.2 million compared to the same period in 2022. Revenues in our Middlesex System increased $2.2 million primarily due to the final phase of the 2021 New Jersey Board of Public Utilities’ approved bas
ISELIN, N.J., April 28, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.3125 per share on its common stock, payable June 1, 2023 to shareholders of record as of May 12, 2023. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912 and has increased its annual dividend rate for 50 consecutive years. The Annual Meeting of Shareholders will be held on May 23, 2023 at 11:00
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Middlesex Water (MSEX) to invest $11.1 million to upgrade its drinking water infrastructure in some regions of New Jersey and serve its customers efficiently.
Company to also Replace Customer Owned Lead Service LinesISELIN, N.J., April 17, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (Middlesex) has announced that beginning in May 2023, it will begin an $11.1 million initiative to upgrade drinking water infrastructure in the Borough of Carteret, New Jersey and portions of the community of Port Reading in Woodbridge, New Jersey. Under this annual initiative known as RENEW, Middlesex intends to replace 26,000 linear feet of water main, as well as se
American Water's (AWK) New Jersey American Water unit to invest $5.7 million in order to replace old pipelines and increase the resilience of its services.
Bruce E. Patrick Tidewater Utilities Names Bruce Patrick Executive Vice President DOVER, Del., April 05, 2023 (GLOBE NEWSWIRE) -- Tidewater Utilities, Inc., (Tidewater) a wholly-owned subsidiary of Middlesex Water Company (NASDAQ:MSEX) has named Bruce E. Patrick, P.E., Executive Vice President. Mr. Patrick will continue to serve as General Manager of day to day operations of Tidewater and its affiliates, Southern Shores Water Company, LLC and White Marsh Environmental Systems Inc. In this new ad
Robert J. Capko Robert J. Capko Named Principal Accounting Officer by Middlesex Water Company ISELIN, N.J., April 03, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has named Robert J. Capko, Principal Accounting Officer, effective April 1, 2023. Mr. Capko will continue to serve as Corporate Controller of Middlesex Water and its subsidiaries including the Pinelands Water and Wastewater Companies, Utility Service Affiliates (Perth Amboy) Inc., and Utility Service Affiliates. He al
With the recent banking sector headwinds spilling over into other segments of the economy, investors may want to seek opportunities with the best water utility stocks to buy. No, utility firms don’t represent exciting investment sectors but that’s also the point. In some ways, their boring nature centers on their generally predictable businesses. As well, utilities command natural monopolies due to the extreme barriers to entry. Fundamentally, the best water utility stocks to buy also carry a di
Key Insights Institutions' substantial holdings in Middlesex Water implies that they have significant influence over...
Middlesex Water Company's (MSEX) fourth-quarter earnings and revenues miss estimates. The company's long-term debt decreases year over year.
Middlesex Water ( NASDAQ:MSEX ) Full Year 2022 Results Key Financial Results Revenue: US$162.4m (up 14% from FY 2021...
Middlesex Water (MSEX) delivered earnings and revenue surprises of -18.37% and 0.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
ISELIN, N.J., Feb. 24, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) today announced financial results for the year ended December 31, 2022. 2022 OPERATING RESULTS Consolidated operating revenues increased to $162.4 million for the year ended December 31, 2022, up $19.3 million from 2021. The increase in operating revenues was primarily due to: $21.6 million increase in the Middlesex System in New Jersey due to a January 1, 2022 base rate increase
ISELIN, N.J., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) today announced a discount on purchases of its Common Stock purchased through the Company’s Investment Plan (the “Plan”) for a limited period of time. Shares will be offered at a 3% discount on all Common Stock purchases made under the Plan whether by optional cash payment or by dividend reinvestment. The discount will be in effect March 1, 2023 and will continue until 200,000 shares are purchased at the discou
ISELIN, N.J., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.3125 per share on its common stock, payable March 1, 2023 to shareholders of record as of February 14, 2023. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through v
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...