Middlesex Water Co
General ticker "MSEX" information:
- Sector: Utilities
- Industry: Water Utilities
- Capitalization: $1.1B
Middlesex Water Co follows the US Stock Market performance with the rate: 35.9%.
Estimated limits based on current volatility of 2.6%: low 54.93$, high 57.89$
Factors to consider:
- Company pays dividends: last record date 2024-11-15, amount 0.34$ (Y2.48%)
- Company does not operate outside North America (retrieved using AI)
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [60.70$, 84.51$]
- 2024-12-30 to 2025-12-30 estimated range: [67.18$, 92.17$]
Financial Metrics affecting the MSEX estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.76
- Positive: Inventory ratio change, % of 0.36 <= 1.08
- Positive: Operating profit margin, % of 23.59 > 19.51
- Positive: 6.94 < Industry operating cash flow per share per price (median), % of 7.31
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.49
Short-term MSEX quotes
Long-term MSEX plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $143.14MM | $162.43MM | $166.27MM |
| Operating Expenses | $109.93MM | $115.10MM | $127.05MM |
| Operating Income | $33.21MM | $47.33MM | $39.22MM |
| Non-Operating Income | $-2.16MM | $-1.66MM | $-6.66MM |
| Interest Expense | $8.11MM | $9.37MM | $10.71MM |
| Income(Loss) | $31.05MM | $45.67MM | $32.56MM |
| Taxes | $-5.49MM | $3.24MM | $1.04MM |
| Profit(Loss) | $36.54MM | $42.43MM | $31.52MM |
| Stockholders Equity | $369.81MM | $402.41MM | $425.07MM |
| Inventory | $5.36MM | $6.18MM | $6.97MM |
| Assets | $1,020.01MM | $1,074.45MM | $1,236.05MM |
| Operating Cash Flow | $33.03MM | $61.36MM | $52.78MM |
| Capital expenditure | $79.38MM | $91.33MM | $90.18MM |
| Investing Cash Flow | $-79.38MM | $-88.21MM | $-90.18MM |
| Financing Cash Flow | $39.48MM | $27.15MM | $35.96MM |
| Earnings Per Share* | $2.08 | $2.40 | $1.77 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.