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Middlesex Water Company (MSEX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US5966801087

CUSIP

596680108

Sector

Utilities

IPO Date

Mar 26, 1990

Highlights

Market Cap

$1.05B

EPS (TTM)

$2.30

PE Ratio

25.63

PEG Ratio

10.95

Total Revenue (TTM)

$183.37M

Gross Profit (TTM)

$78.30M

EBITDA (TTM)

$85.03M

Year Range

$44.69 - $70.37

Target Price

$62.67

Short %

5.76%

Short Ratio

8.37

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MSEX vs. GWRS MSEX vs. SPY MSEX vs. MSCI MSEX vs. MO MSEX vs. AWK MSEX vs. VOO MSEX vs. FIW MSEX vs. NWN MSEX vs. VUAG.L MSEX vs. AWR
Popular comparisons:
MSEX vs. GWRS MSEX vs. SPY MSEX vs. MSCI MSEX vs. MO MSEX vs. AWK MSEX vs. VOO MSEX vs. FIW MSEX vs. NWN MSEX vs. VUAG.L MSEX vs. AWR

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Middlesex Water Company, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
4.24%
9.23%
MSEX (Middlesex Water Company)
Benchmark (^GSPC)

Returns By Period

Middlesex Water Company had a return of -16.40% year-to-date (YTD) and -18.82% in the last 12 months. Over the past 10 years, Middlesex Water Company had an annualized return of 10.89%, which was very close to the S&P 500 benchmark's annualized return of 11.11%.


MSEX

YTD

-16.40%

1M

-19.31%

6M

1.39%

1Y

-18.82%

5Y*

-1.61%

10Y*

10.89%

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Monthly Returns

The table below presents the monthly returns of MSEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-14.71%-8.53%3.16%-3.39%6.83%-3.01%27.21%-4.71%3.54%-6.21%7.49%-16.40%
20236.60%-8.44%2.12%-6.58%11.95%-0.86%-0.30%-6.05%-11.97%-4.11%1.08%2.69%-15.19%
2022-15.84%-0.93%5.18%-15.42%-4.09%3.12%8.47%-6.37%-13.03%15.89%4.81%-15.82%-33.75%
20219.84%-13.45%15.07%3.80%5.17%-4.92%24.48%7.82%-6.06%7.14%-6.17%16.75%68.03%
20202.66%-8.53%1.09%0.30%13.01%-1.00%-4.64%0.49%-3.09%3.20%7.18%5.81%15.77%
20195.34%5.20%-4.89%3.57%2.41%0.15%5.70%-2.15%6.42%3.53%-6.21%1.21%21.12%
2018-5.64%-5.33%3.56%13.51%7.25%-5.11%5.03%3.92%5.72%-7.06%15.76%2.91%36.54%
2017-11.95%0.17%-1.86%3.17%-6.78%12.12%-0.91%-2.68%3.40%10.72%6.62%-13.46%-4.92%
20169.27%-2.70%10.10%18.57%1.54%17.40%-4.77%-18.80%5.60%2.44%13.54%5.40%65.63%
2015-5.16%7.27%-2.15%0.04%-3.29%3.34%0.80%0.94%4.75%8.10%0.24%3.55%19.03%
2014-4.97%2.53%7.97%-6.83%1.62%3.47%-4.06%1.98%-4.53%15.05%-1.43%4.63%14.22%
2013-1.28%1.73%0.31%0.46%-0.89%3.48%6.12%-4.47%6.84%-3.09%6.98%-4.73%11.06%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MSEX is 22, meaning it’s performing worse than 78% of other stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MSEX is 2222
Overall Rank
The Sharpe Ratio Rank of MSEX is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of MSEX is 1818
Sortino Ratio Rank
The Omega Ratio Rank of MSEX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of MSEX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of MSEX is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Middlesex Water Company (MSEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MSEX, currently valued at -0.59, compared to the broader market-4.00-2.000.002.00-0.592.07
The chart of Sortino ratio for MSEX, currently valued at -0.68, compared to the broader market-4.00-2.000.002.004.00-0.682.76
The chart of Omega ratio for MSEX, currently valued at 0.92, compared to the broader market0.501.001.502.000.921.39
The chart of Calmar ratio for MSEX, currently valued at -0.31, compared to the broader market0.002.004.006.00-0.313.05
The chart of Martin ratio for MSEX, currently valued at -1.15, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.1513.27
MSEX
^GSPC

The current Middlesex Water Company Sharpe ratio is -0.59. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Middlesex Water Company with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.59
2.07
MSEX (Middlesex Water Company)
Benchmark (^GSPC)

Dividends

Dividend History

Middlesex Water Company provided a 2.45% dividend yield over the last twelve months, with an annual payout of $1.32 per share. The company has been increasing its dividends for 33 consecutive years, earning it the status of a dividend aristocrat.


1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.32$1.26$1.18$1.11$1.04$0.98$0.91$0.86$0.81$0.78$0.76$0.75

Dividend yield

2.45%1.92%1.50%0.92%1.44%1.54%1.71%2.15%1.88%2.92%3.31%3.59%

Monthly Dividends

The table displays the monthly dividend distributions for Middlesex Water Company. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.34$0.00$1.32
2023$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.31$0.00$0.00$0.33$0.00$1.26
2022$0.00$0.29$0.00$0.00$0.29$0.00$0.00$0.29$0.00$0.00$0.31$0.00$1.18
2021$0.00$0.27$0.00$0.00$0.27$0.00$0.00$0.27$0.00$0.00$0.29$0.00$1.11
2020$0.00$0.26$0.00$0.00$0.26$0.00$0.00$0.26$0.00$0.00$0.27$0.00$1.04
2019$0.00$0.24$0.00$0.00$0.24$0.00$0.00$0.24$0.00$0.00$0.26$0.00$0.98
2018$0.00$0.22$0.00$0.00$0.22$0.00$0.00$0.22$0.00$0.00$0.24$0.00$0.91
2017$0.00$0.21$0.00$0.00$0.21$0.00$0.00$0.21$0.00$0.00$0.22$0.00$0.86
2016$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.20$0.00$0.00$0.21$0.00$0.81
2015$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.20$0.00$0.78
2014$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.76
2013$0.19$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.00$0.19$0.00$0.75

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%2.5%
Middlesex Water Company has a dividend yield of 2.45%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%800.0%57.2%
Middlesex Water Company has a payout ratio of 57.17%, which is quite average when compared to the overall market. This suggests that Middlesex Water Company strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-53.03%
-1.91%
MSEX (Middlesex Water Company)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Middlesex Water Company. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Middlesex Water Company was 60.51%, occurring on Apr 16, 2024. The portfolio has not yet recovered.

The current Middlesex Water Company drawdown is 53.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.51%Jan 3, 2022574Apr 16, 2024
-41.85%Jul 29, 2005908Mar 9, 2009447Dec 14, 20101355
-33.52%Aug 30, 1999124Feb 24, 2000530Apr 10, 2002654
-28.8%Feb 19, 202019Mar 16, 202055Jun 3, 202074
-25.53%Oct 12, 1993290Jan 24, 1995238Jan 18, 1996528

Volatility

Volatility Chart

The current Middlesex Water Company volatility is 7.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.68%
3.82%
MSEX (Middlesex Water Company)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Middlesex Water Company over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Middlesex Water Company compared to its peers in the Utilities - Regulated Water industry.


PE Ratio
10.020.030.040.050.060.025.6
The chart displays the price to earnings (P/E) ratio for MSEX in comparison to other companies of the Utilities - Regulated Water industry. Currently, MSEX has a PE value of 25.6. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.08.010.011.0
The chart displays the price to earnings to growth (PEG) ratio for MSEX in comparison to other companies of the Utilities - Regulated Water industry. Currently, MSEX has a PEG value of 11.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Middlesex Water Company.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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