MSEX Middlesex Water Dashboard

Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.

Company profile

Ticker

MSEX

Exchange

NASDAQ

Website

www.middlesexwater.com

CEO

Dennis W. Doll

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Dec 31

Sector

Utilities > Water Supply and Irrigation Systems

Industry (SIC)

Water Supply

American Water Works • Essential Utilities • California Water Service • American States Water • Golden State Water • Artesian Resources • York Water • Global Water Resources • AquaVenture • Consolidated Water ...

SEC CIK

0000066004

Corporate docs

Articles of Incorporation & Bylaws

IRS number

221114430

MSEX stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Mid-Day Market Update: Crude Oil Rises 2%; iRhythm Technologies Shares Plummet

12 Apr 21

Midway through trading Monday, the Dow traded down 0.22% to 33,725.47 while the NASDAQ fell 0.55% to 13,823.65. The S&P also fell, dropping 0.21% to 4,120.15.

Janney Capital Upgrades Middlesex Water to Buy

2 Mar 21

Janney Capital analyst Michael Gaugler upgrades Middlesex Water (NASDAQ:MSEX) from Neutral to Buy.

Middlesex Water Q4 EPS $0.47 Up From $0.46 YoY, Sales $34.63M Up From $32.74M YoY

25 Feb 21

Middlesex Water (NASDAQ:MSEX) reported quarterly earnings of $0.47 per share. This is a 2.17 percent increase over earnings of $0.46 per share from the same period last year. The company reported $34.63 million in sales

Stocks That Hit 52-Week Highs On Tuesday

26 Jan 21

Press releases

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Middlesex Water Company to Invest $10.2 Million in Metuchen Water Infrastructure in 2021

19 Mar 21

ISELIN, N.J., March 19, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that beginning in April 2021, it will be investing $10.2 million to further modernize drinking water infrastructure

Middlesex Water Announces 2020 Fourth Quarter and Year End Results

25 Feb 21

ISELIN, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ:MSEX) today announced financial results for the fourth quarter and year ended December 31, 2020.

Middlesex Water Company Declares Quarterly Cash Dividend

28 Jan 21

ISELIN, N.J., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.2725 per share on its common stock payable on March

Calendar

25 Feb 21

12 Apr 21

31 Dec 21

Financial summary

Financial statements Chart MSEX financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	10.4M	10.4M	10.4M	10.4M	10.4M	10.4M
Cash burn (monthly)	5.93M	3.01M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	20.27M	10.28M	n/a	n/a	n/a	n/a
Cash remaining	-9.86M	119.31K	n/a	n/a	n/a	n/a
Runway (months of cash)	-1.7	0.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

MSEX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Apr 21	Mansue Amy B.	Common Stock (Book)	Grant	Aquire A	No	No	79.02	443	35.01K	443
1 Apr 21	Andreasen Christian G. Jr.	Common Stock (Restricted Stock Book Entry)	Other	Aquire J	No	No	79.02	759	59.98K	2,846
1 Apr 21	Doll Dennis W	Common Stock (Restricted Stock Book Entry)	Other	Aquire J	No	No	79.02	5,062	400K	45,625
1 Apr 21	Sohler Bernadette M	Common Stock (Restricted Stock Book Entry)	Other	Aquire J	No	No	79.02	759	59.98K	6,583
1 Apr 21	A Bruce Oconnor	Common Stock (Restricted Stock Book Entry)	Other	Aquire J	No	No	79.02	2,151	169.97K	16,259

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

MSEX institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

61.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	150	149	+0.7%
Opened positions	12	15	-20.0%
Closed positions	11	14	-21.4%
Increased positions	57	37	+54.1%
Reduced positions	40	56	-28.6%

13F shares	Current	Prev Q	Change
Total value	2.37B	2.99B	-20.8%
Total shares	10.69M	10.34M	+3.3%
Total puts	0	4.6K	EXIT
Total calls	13.1K	31.7K	-58.7%
Total put/call ratio	–	0.1	–

Largest owners	Shares	Value	Change
TROW T. Rowe Price	1.83M	$132.65M	+0.8%
BLK Blackrock	1.36M	$98.35M	+3.5%
Vanguard	1.08M	$78.33M	+3.4%
Pictet Asset Management	593.82K	$43.03M	-1.5%
Dimensional Fund Advisors	550.21K	$39.87M	-2.5%
Renaissance Technologies	435.6K	$31.57M	-6.3%
Eaton Vance Management	417.22K	$30.24M	+12.2%
STT State Street	355.19K	$25.74M	+0.5%
Geode Capital Management	289.12K	$20.95M	+4.0%
NTRS Northern Trust	240K	$17.39M	-3.7%

Largest transactions	Shares	Bought/sold	Change
TSP Capital Management	137.78K	+137.78K	NEW
Montanaro Asset Management	129.5K	+129.5K	NEW
Amundi Pioneer Asset Management	138.96K	-62.94K	-31.2%
BLK Blackrock	1.36M	+46.38K	+3.5%
Eaton Vance Management	417.22K	+45.43K	+12.2%
Martingale Asset Management L P	8.61K	-36.9K	-81.1%
Vanguard	1.08M	+35.07K	+3.4%
JPM JPMorgan Chase & Co.	84.45K	+33.33K	+65.2%
Renaissance Technologies	435.6K	-29.4K	-6.3%
Zimmer Partners	0	-22.5K	EXIT

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: Abraham, abuse, accident, adjudicate, amidst, assigned, attempt, belief, belonging, benchmarked, Bershad, bidding, brand, brought, cancellation, career, ceased, certainty, consulting, Crohn, culture, cybersecurity, DEI, ductile, economy, education, educational, efficiency, efficient, elder, embracing, empowered, enrolled, essential, evidentiary, evolved, exhausted, explore, factor, fear, flu, foregoing, gauge, graduate, handling, harm, hearing, history, Honesty, inclusion, inclusive, InterBank, Joshua, knowledge, LIBOR, Livingston, London, mental, merit, mission, narrow, occupational, opportunity, ourinformation, outcome, outlook, pandemic, perfluoroalkyl, philosophy, placement, poly, proceeding, receivership, recommended, recruitment, remote, remotely, removaland, reopened, reprisal, rooted, situation, solicited, spread, stop, substance, succession, suspended, sustainable, talent, Teamwork, Temple, testimony, timeline, timetable, tuition, unconsolidated, undergraduate, underway, unsafe, vaccination, vendor, withdrawal, workplace, written

Removed: AA, activity, agree, applied, arise, AWM, break, conform, disaggregate, disclose, Dow, entity, exterior, fulfill, generation, headquartered, iii, immaterial, indemnified, indemnify, inside, iv, joint, lack, landfill, NSU, Pike, previously, prime, readily, Reclamation, recognizing, reconciliation, relocate, remitted, reoccur, reviewed, scheduled, serving, sought, standby, subtotal, tertiary, Tinton, unincorporated, Wilshire

From filing 10-K 2020 FY