Middlesex Water (NASDAQ:MSEX) Releases Earnings Results, Beats Expectations By $0.13 EPS

Posted by Brian Himes on Aug 1st, 2026

Middlesex Water (NASDAQ:MSEX – Get Free Report) released its earnings results on Thursday. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.13, FiscalAI reports. Middlesex Water had a return on equity of 9.73% and a net margin of 23.26%.The firm had revenue of $56.36 million for the quarter, compared to analysts’ expectations of $54.51 million.

Middlesex Water Stock Performance

Shares of NASDAQ:MSEX traded up $1.49 during trading on Friday, reaching $57.30. The company had a trading volume of 213,214 shares, compared to its average volume of 186,124. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.39 and a quick ratio of 0.32. The stock’s fifty day moving average price is $54.52 and its 200 day moving average price is $53.34. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 22.12 and a beta of 0.78. Middlesex Water has a fifty-two week low of $44.17 and a fifty-two week high of $62.17.

Middlesex Water Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, August 17th. Middlesex Water’s dividend payout ratio is presently 60.00%.

Institutional Investors Weigh In On Middlesex Water

Several hedge funds have recently modified their holdings of the company. Ensign Peak Advisors Inc purchased a new stake in shares of Middlesex Water during the 4th quarter worth about $126,000. Quantessence Capital LLC acquired a new stake in Middlesex Water in the 3rd quarter valued at approximately $221,000. Creative Planning boosted its stake in Middlesex Water by 47.1% during the 2nd quarter. Creative Planning now owns 4,795 shares of the utilities provider’s stock valued at $260,000 after purchasing an additional 1,535 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Middlesex Water during the 3rd quarter worth $265,000. Finally, Cullen Capital Management LLC grew its holdings in shares of Middlesex Water by 7.6% during the fourth quarter. Cullen Capital Management LLC now owns 5,053 shares of the utilities provider’s stock valued at $255,000 after buying an additional 358 shares in the last quarter. 79.52% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MSEX has been the topic of a number of analyst reports. New Street Research set a $64.00 price objective on Middlesex Water in a research report on Thursday, July 9th. Weiss Ratings downgraded shares of Middlesex Water from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, July 20th. Robert W. Baird set a $66.00 price target on Middlesex Water in a research note on Friday. Finally, Wall Street Zen raised shares of Middlesex Water from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $61.67.

Check Out Our Latest Stock Report on MSEX

About Middlesex Water

(Get Free Report)

Middlesex Water Company is a regulated utility specializing in the provision of potable water and wastewater collection services to residential, commercial and industrial customers. The company operates through its wholly owned subsidiaries, supplying treated water and effectively managing sewage collection systems under state and local regulatory frameworks. Its core mission centers on delivering safe, reliable water while complying with stringent environmental and public health standards.

Founded in 1897 and headquartered in Iselin, New Jersey, Middlesex Water has grown from a local water works enterprise into a multi‐state utilities group.