Middlesex Water Company (MSEX)
Company Info
| ISIN | US5966801087 |
|---|---|
| CUSIP | 596680108 |
| Sector | Utilities |
| Industry | Utilities - Regulated Water |
| IPO Date | Mar 26, 1990 |
Highlights
| Market Cap | $1.24B |
|---|---|
| EPS (TTM) | $2.33 |
| PE Ratio | 29.87 |
| PEG Ratio | 10.95 |
| Total Revenue (TTM) | $183.37M |
| Gross Profit (TTM) | $71.99M |
| EBITDA (TTM) | $71.27M |
| Year Range | $44.93 - $72.23 |
| Target Price | $66.00 |
| Short % | 5.59% |
| Short Ratio | 7.81 |
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. MO, MSEX vs. AWK, MSEX vs. MSCI, MSEX vs. VOO, MSEX vs. FIW, MSEX vs. NWN, MSEX vs. VUAG.L
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.
Returns By Period
Middlesex Water Company had a return of 8.03% year-to-date (YTD) and 15.50% in the last 12 months. Over the past 10 years, Middlesex Water Company had an annualized return of 14.51%, outperforming the S&P 500 benchmark which had an annualized return of 11.43%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.03% | 25.82% |
| 1 month | 10.25% | 3.20% |
| 6 months | 21.73% | 14.94% |
| 1 year | 15.50% | 35.92% |
| 5 years (annualized) | 4.39% | 14.22% |
| 10 years (annualized) | 14.51% | 11.43% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -14.71% | -8.53% | 3.16% | -3.39% | 6.83% | -3.01% | 27.21% | -4.71% | 3.54% | -6.21% | 8.03% | ||
| 2023 | 6.60% | -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% |
| 2021 | 9.84% | -13.45% | 15.07% | 3.80% | 5.17% | -4.92% | 24.48% | 7.82% | -6.06% | 7.14% | -6.17% | 16.75% | 68.03% |
| 2020 | 2.66% | -8.53% | 1.09% | 0.30% | 13.01% | -1.00% | -4.64% | 0.49% | -3.09% | 3.20% | 7.18% | 5.81% | 15.77% |
| 2019 | 5.34% | 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% |
| 2016 | 9.27% | -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 46, suggesting that the investment has average results relative to other stocks in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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.
Dividends
Dividend History
Middlesex Water Company provided a 1.87% dividend yield over the last twelve months, with an annual payout of $1.30 per share. The company has been increasing its dividends for 33 consecutive years, earning it the status of a dividend aristocrat.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.30 | $1.26 | $1.18 | $1.11 | $1.04 | $0.98 | $0.91 | $0.86 | $0.81 | $0.78 | $0.76 | $0.75 |
Dividend yield | 1.87% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.98 | |
| 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
Payout Ratio
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.
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 39.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.51% | Jan 3, 2022 | 574 | Apr 16, 2024 | — | — | — |
| -41.85% | Jul 29, 2005 | 908 | Mar 9, 2009 | 447 | Dec 14, 2010 | 1355 |
| -33.52% | Aug 30, 1999 | 124 | Feb 24, 2000 | 530 | Apr 10, 2002 | 654 |
| -28.8% | Feb 19, 2020 | 19 | Mar 16, 2020 | 55 | Jun 3, 2020 | 74 |
| -25.53% | Oct 12, 1993 | 296 | Feb 1, 1995 | 232 | Jan 18, 1996 | 528 |
Volatility
Volatility Chart
The current Middlesex Water Company volatility is 10.33%, 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.
Financials
Financial Performance
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
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 29.9. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
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
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