Middlesex Water (NASDAQ:MSEX) Now Covered by Zacks Research

Posted by Geri Gentry on Nov 6th, 2026

Zacks Research assumed coverage on shares of Middlesex Water (NASDAQ:MSEX – Free Report) in a research report released on Wednesday morning,Zacks reports. The firm issued a hold rating on the utilities provider’s stock.

MSEX has been the topic of a number of other research reports. Huntington started coverage on shares of Middlesex Water in a research report on Sunday, November 1st. They issued a “strong-buy” rating on the stock. Weiss Ratings upgraded shares of Middlesex Water from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, October 12th. Freedom Broker increased their target price on shares of Middlesex Water from $56.00 to $58.00 and gave the stock a “hold” rating in a report on Monday. New Street Research set a $64.00 target price on Middlesex Water in a research note on Thursday, July 9th. Finally, Robert W. Baird set a $66.00 price target on Middlesex Water in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Middlesex Water has a consensus rating of “Moderate Buy” and a consensus price target of $60.75.

Check Out Our Latest Stock Analysis on MSEX

Middlesex Water Stock Up 0.5%

Shares of Middlesex Water stock opened at $59.50 on Wednesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.42 and a current ratio of 0.51. Middlesex Water has a 52-week low of $48.19 and a 52-week high of $60.72. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 21.48 and a beta of 0.71. The company’s 50 day moving average price is $55.50 and its 200-day moving average price is $54.28.

Middlesex Water (NASDAQ:MSEX – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The utilities provider reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.13. The company had revenue of $60.21 million during the quarter, compared to analyst estimates of $59.90 million. Middlesex Water had a net margin of 24.50% and a return on equity of 10.08%. Equities research analysts forecast that Middlesex Water will post 2.82 EPS for the current year.

Middlesex Water Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be issued a dividend of $0.38 per share. This is a boost from Middlesex Water’s previous quarterly dividend of $0.36. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, November 16th. Middlesex Water’s dividend payout ratio is currently 51.99%.

Institutional Trading of Middlesex Water

Large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in Middlesex Water in the second quarter worth about $25,000. Parallel Advisors LLC boosted its position in Middlesex Water by 68.6% during the 1st quarter. Parallel Advisors LLC now owns 521 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 212 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Middlesex Water during the 2nd quarter valued at approximately $27,000. Integrated Wealth Concepts LLC bought a new stake in Middlesex Water during the 2nd quarter valued at approximately $28,000. Finally, Jacobi Capital Management LLC purchased a new position in shares of Middlesex Water during the 3rd quarter worth approximately $32,000. Institutional investors own 79.52% of the company’s stock.

Key Middlesex Water News

Here are the key news stories impacting Middlesex Water this week:

Positive Sentiment: Huntington initiated coverage with a “Strong-Buy” rating and forecasts earnings of $2.82 per share in 2026 and $2.80 in 2027, rising to $2.92 in 2028. Its estimates provide a positive outlook, though they are forecasts rather than new company guidance. Huntington rating information
Neutral Sentiment: The latest reported quarter was stronger than expected: Middlesex Water earned $0.95 per share versus the $0.82 consensus and reported revenue of $60.21 million, slightly above estimates. The article also cites an increased dividend, supporting income appeal, but provides no amount. Valuation, earnings and dividend article
Negative Sentiment: The newest article argues MSEX could be about 45% above fair value even after its earnings and dividend improvements. That valuation concern may limit upside or weigh on the shares, particularly with the stock near its 52-week high.

About Middlesex Water

(Get Free Report)

Middlesex Water Company (NASDAQ:MSEX) is a regulated water and wastewater utility that owns and operates systems serving residential, commercial, industrial and municipal customers. Its services include the production, treatment, distribution and sale of potable water, as well as wastewater collection and treatment.

Founded in 1897, the company primarily serves communities in New Jersey and Delaware through its regulated utility operations. Its New Jersey service area includes portions of Middlesex, Union, Somerset and Mercer counties, while its Delaware operations serve customers through the Tidewater Utilities subsidiary.

Middlesex Water also provides contract operations, maintenance and related services for municipal and other public water and wastewater systems.