MSEXP
Middlesex Water Company PFD 7%
Price Chart
Latest Quote
$589.00
+0.00 (+0.00%)
Current Price
| Previous Close | $589.00 |
| Open | $620.00 |
| Day High | $620.00 |
| Day Low | $620.00 |
| Volume | 10 |
Stock Information
| Exchange | PNK |
đ Comprehensive Analysis
Company Data
Financial Ratios
Returns & Margins
Ownership
| Insider & Institutional transactions data not available |
Valuation Ratios
Analyst Data
Technical Indicators
| SMA20 | $589.00 |
| SMA50 | $600.73 |
| SMA200 | $587.82 |
| RSI | nan |
Performance History
| Week | +0.00% |
| Month | +0.00% |
| Quarter | -1.22% |
| 6 Months | +4.88% |
| YTD | +3.96% |
| Year | +5.55% |
| 3 Years | +555.61% |
| 5 Years | +433.64% |
| 10 Years | +339.36% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $589.00 | 0 |
| 2026-06-22 | $589.00 | 0 |
| 2026-06-18 | $589.00 | 0 |
| 2026-06-17 | $589.00 | 0 |
| 2026-06-16 | $589.00 | 0 |
| 2026-06-15 | $589.00 | 0 |
| 2026-06-12 | $589.00 | 0 |
| 2026-06-11 | $589.00 | 0 |
| 2026-06-10 | $589.00 | 0 |
| 2026-06-09 | $589.00 | 0 |
| 2026-06-08 | $589.00 | 0 |
| 2026-06-05 | $589.00 | 0 |
| 2026-06-04 | $589.00 | 0 |
| 2026-06-03 | $589.00 | 0 |
| 2026-06-02 | $589.00 | 0 |
| 2026-06-01 | $589.00 | 0 |
| 2026-05-29 | $589.00 | 0 |
| 2026-05-28 | $589.00 | 0 |
| 2026-05-27 | $589.00 | 0 |
| 2026-05-26 | $589.00 | 0 |
đ° Latest News
Middlesex Water Company (NASDAQ:MSEX) Analysts Are Pretty Bullish On The Stock After Recent Results
Simply Wall St. âĸ 2026-05-04T10:31:28Z
Is Middlesex Water Company (MSEX) A Good Stock To Buy Now?
Insider Monkey âĸ 2026-03-16T01:51:17Z
Middlesex Water Company (MSEX) Announces 2025 Earnings
Insider Monkey âĸ 2026-03-12T07:14:55Z
Assessing Middlesex Water (MSEX) Valuation After Recent Share Price Rebound
Simply Wall St. âĸ 2026-03-04T00:22:36Z
Is Middlesex Water Stock a Buy After a Director Purchased 2,000 Shares?
Motley Fool âĸ 2026-03-02T20:20:22Z
Is Middlesex Water (MSEX) Pricing Look Stretched After Recent Share Price Rebound?
Simply Wall St. âĸ 2026-02-16T18:05:55Z
Middlesex Water (MSEX) Valuation Check After Recent Share Price Momentum
Simply Wall St. âĸ 2026-02-16T17:13:07Z
Middlesex Water Company (NASDAQ:MSEX) is a favorite amongst institutional investors who own 79%
Simply Wall St. âĸ 2026-01-19T18:23:15Z
Middlesex Water Company (NASDAQ:MSEX) Shares Could Be 27% Above Their Intrinsic Value Estimate
Simply Wall St. âĸ 2026-01-05T18:03:34Z
Middlesex Water (NASDAQ:MSEX) investors are sitting on a loss of 36% if they invested three years ago
Simply Wall St. âĸ 2025-12-20T12:14:07Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $88,755,000 | $78,865,000 | $74,650,000 | $67,981,000 |
| Cost Of Revenue | $92,363,000 | $83,113,000 | $79,096,000 | $73,671,000 |
| Total Revenue | $191,877,000 | $166,274,000 | $162,434,000 | $143,141,000 |
| Operating Revenue | $191,877,000 | $166,274,000 | $162,434,000 | $143,141,000 |
| Expenses | ||||
| Interest Expense | $12,769,000 | $10,710,000 | $7,053,000 | $5,461,000 |
| Total Expenses | $138,667,000 | $127,051,000 | $120,333,000 | $109,930,000 |
| Other Income Expense | $10,815,000 | $4,052,000 | $10,621,000 | $3,305,000 |
| Other Non Operating Income Expenses | $10,815,000 | $4,052,000 | $5,389,000 | $3,305,000 |
| Net Non Operating Interest Income Expense | $-12,769,000 | $-10,710,000 | $-7,053,000 | $-5,461,000 |
| Interest Expense Non Operating | $12,769,000 | $10,710,000 | $7,053,000 | $5,461,000 |
| Operating Expense | $46,304,000 | $43,938,000 | $41,237,000 | $36,259,000 |
| Other Operating Expenses | - | - | $-2,314,000 | $-2,653,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $44,351,000 | $31,524,000 | $42,429,000 | $36,543,000 |
| Net Interest Income | $-12,769,000 | $-10,710,000 | $-7,053,000 | $-5,461,000 |
| Normalized Income | $44,351,000 | $31,524,000 | $37,568,186 | $36,543,000 |
| Net Income From Continuing And Discontinued Operation | $44,351,000 | $31,524,000 | $42,429,000 | $36,543,000 |
| Total Operating Income As Reported | $53,210,000 | $39,223,000 | $47,333,000 | $33,211,000 |
| Average Dilution Earnings | $46,000 | $67,000 | $67,000 | $67,000 |
| Net Income Common Stockholders | $44,239,000 | $31,404,000 | $42,309,000 | $36,423,000 |
| Net Income | $44,351,000 | $31,524,000 | $42,429,000 | $36,543,000 |
| Net Income Including Noncontrolling Interests | $44,351,000 | $31,524,000 | $42,429,000 | $36,543,000 |
| Net Income Continuous Operations | $44,351,000 | $31,524,000 | $42,429,000 | $36,543,000 |
| Pretax Income | $51,256,000 | $32,565,000 | $45,669,000 | $31,055,000 |
| Special Income Charges | $0 | $0 | $5,232,000 | $0 |
| Operating Income | $53,210,000 | $39,223,000 | $42,101,000 | $33,211,000 |
| Depreciation Amortization Depletion Income Statement | $24,430,000 | $25,194,000 | $23,029,000 | $21,109,000 |
| Depreciation And Amortization In Income Statement | $24,430,000 | $25,194,000 | $23,029,000 | $21,109,000 |
| Depreciation Income Statement | $24,430,000 | $25,194,000 | $23,029,000 | $21,109,000 |
| Gross Profit | $99,514,000 | $83,161,000 | $83,338,000 | $69,470,000 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $371,186 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $92,063,000 | $72,717,000 | $74,965,000 | $63,315,000 |
| Total Unusual Items | $0 | $0 | $5,232,000 | $0 |
| Total Unusual Items Excluding Goodwill | $0 | $0 | $5,232,000 | $0 |
| Reconciled Depreciation | $28,038,000 | $29,442,000 | $27,475,000 | $26,799,000 |
| EBITDA (Bullshit earnings) | $92,063,000 | $72,717,000 | $80,197,000 | $63,315,000 |
| EBIT | $64,025,000 | $43,275,000 | $52,722,000 | $36,516,000 |
| Diluted NI Availto Com Stockholders | $44,285,000 | $31,471,000 | $42,376,000 | $36,490,000 |
| Preferred Stock Dividends | $112,000 | $120,000 | $120,000 | $120,000 |
| Tax Provision | $6,905,000 | $1,041,000 | $3,240,000 | $-5,488,000 |
| Gain On Sale Of Business | $0 | $0 | $5,232,000 | $0 |
| Other Taxes | $21,874,000 | $18,744,000 | $18,208,000 | $15,150,000 |
| Other Special Charges | - | - | $-2,314,000 | $-2,653,000 |
Fetched: 2026-02-02
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $446,898,000 | $425,075,000 | $402,412,000 | $369,810,000 |
| Total Assets | $1,255,174,000 | $1,236,052,000 | $1,074,450,000 | $1,020,015,000 |
| Total Non Current Assets | $1,212,234,000 | $1,127,531,000 | $1,037,118,000 | $985,657,000 |
| Other Non Current Assets | $15,623,000 | $13,516,000 | $14,032,000 | $15,051,000 |
| Current Assets | $42,973,000 | $108,536,000 | $37,306,000 | $34,355,000 |
| Prepaid Assets | $2,422,000 | $1,833,000 | $2,624,000 | $2,880,000 |
| Inventory | $6,719,000 | $6,972,000 | $6,177,000 | $5,358,000 |
| Receivables | $29,606,000 | $97,341,000 | $24,677,000 | $22,584,000 |
| Accounts Receivable | $18,842,000 | $18,172,000 | $16,018,000 | $15,311,000 |
| Allowance For Doubtful Accounts Receivable | $-2,695,000 | $-2,137,000 | $-2,326,000 | $-2,574,000 |
| Gross Accounts Receivable | $21,537,000 | $20,309,000 | $18,344,000 | $17,885,000 |
| Cash Cash Equivalents And Short Term Investments | $4,226,000 | $2,390,000 | $3,828,000 | $3,533,000 |
| Cash And Cash Equivalents | $4,226,000 | $2,390,000 | $3,828,000 | $3,533,000 |
| Other Receivables | - | $69,872,000 | - | - |
| Debt | ||||
| Net Debt | $379,307,000 | $406,253,000 | $359,414,000 | $322,718,000 |
| Total Debt | $385,965,000 | $411,706,000 | $366,948,000 | $330,618,000 |
| Long Term Debt And Capital Lease Obligation | $355,254,000 | $361,216,000 | $293,986,000 | $310,887,000 |
| Long Term Debt | $352,822,000 | $358,153,000 | $290,280,000 | $306,520,000 |
| Current Debt And Capital Lease Obligation | $30,711,000 | $50,490,000 | $72,962,000 | $19,731,000 |
| Current Debt | $30,711,000 | $50,490,000 | $72,962,000 | $19,731,000 |
| Other Current Borrowings | $7,711,000 | $7,740,000 | $17,462,000 | $6,731,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $808,276,000 | $810,977,000 | $672,038,000 | $650,205,000 |
| Total Non Current Liabilities Net Minority Interest | $725,388,000 | $707,148,000 | $554,179,000 | $593,586,000 |
| Other Non Current Liabilities | $181,713,000 | $122,862,000 | $114,294,000 | $128,949,000 |
| Non Current Deferred Liabilities | $123,864,000 | $110,049,000 | $99,165,000 | $93,029,000 |
| Non Current Deferred Taxes Liabilities | $101,235,000 | $88,736,000 | $77,783,000 | $69,500,000 |
| Current Liabilities | $82,888,000 | $103,829,000 | $117,859,000 | $56,619,000 |
| Other Current Liabilities | $7,759,000 | $4,421,000 | $3,988,000 | $3,826,000 |
| Current Deferred Liabilities | $1,476,000 | $1,390,000 | $1,365,000 | $1,330,000 |
| Current Notes Payable | $23,000,000 | $42,750,000 | $55,500,000 | $13,000,000 |
| Payables And Accrued Expenses | $42,942,000 | $47,528,000 | $39,544,000 | $31,732,000 |
| Interest Payable | $2,916,000 | $3,138,000 | $2,535,000 | $1,986,000 |
| Payables | $40,026,000 | $44,390,000 | $37,009,000 | $29,746,000 |
| Total Tax Payable | $11,976,000 | $10,535,000 | $12,162,000 | $8,621,000 |
| Accounts Payable | $28,050,000 | $27,618,000 | $24,847,000 | $21,125,000 |
| Other Payable | - | $6,237,000 | - | - |
| Equity | ||||
| Common Stock Equity | $445,263,000 | $422,991,000 | $400,328,000 | $367,726,000 |
| Preferred Stock Equity | $1,635,000 | $2,084,000 | $2,084,000 | $2,084,000 |
| Total Equity Gross Minority Interest | $446,898,000 | $425,075,000 | $402,412,000 | $369,810,000 |
| Stockholders Equity | $446,898,000 | $425,075,000 | $402,412,000 | $369,810,000 |
| Retained Earnings | $197,061,000 | $176,227,000 | $167,274,000 | $145,807,000 |
| Other | ||||
| Preferred Shares Number | $16,000 | $20,000 | $20,000 | $20,000 |
| Ordinary Shares Number | $17,887,000 | $17,821,000 | $17,642,000 | $17,522,000 |
| Share Issued | $17,887,000 | $17,821,000 | $17,642,000 | $17,522,000 |
| Tangible Book Value | $445,263,000 | $422,991,000 | $400,328,000 | $367,726,000 |
| Invested Capital | $828,796,000 | $831,634,000 | $763,570,000 | $693,977,000 |
| Working Capital | $-39,915,000 | $4,707,000 | $-80,553,000 | $-22,264,000 |
| Capital Lease Obligations | $2,432,000 | $3,063,000 | $3,706,000 | $4,367,000 |
| Total Capitalization | $799,720,000 | $783,228,000 | $692,692,000 | $676,330,000 |
| Capital Stock | $249,837,000 | $248,848,000 | $235,138,000 | $224,003,000 |
| Common Stock | $248,202,000 | $246,764,000 | $233,054,000 | $221,919,000 |
| Preferred Stock | $1,635,000 | $2,084,000 | $2,084,000 | $2,084,000 |
| Non Current Deferred Revenue | $22,629,000 | $21,313,000 | $21,382,000 | $23,529,000 |
| Long Term Capital Lease Obligation | $2,432,000 | $3,063,000 | $3,706,000 | $4,367,000 |
| Current Deferred Revenue | $1,476,000 | $1,390,000 | $1,365,000 | $1,330,000 |
| Current Accrued Expenses | $2,916,000 | $3,138,000 | $2,535,000 | $1,986,000 |
| Defined Pension Benefit | $36,856,000 | $21,779,000 | $8,689,000 | $0 |
| Net PPE | $1,057,972,000 | $1,001,542,000 | $924,351,000 | $869,868,000 |
| Accumulated Depreciation | $-259,125,000 | $-239,640,000 | $-218,391,000 | $-202,523,000 |
| Gross PPE | $1,317,097,000 | $1,241,182,000 | $1,142,742,000 | $1,072,391,000 |
| Construction In Progress | $34,209,000 | $19,636,000 | $53,570,000 | $24,947,000 |
| Other Properties | $7,300,000 | $7,300,000 | $7,300,000 | $7,300,000 |
| Treasury Shares Number | - | - | $0 | - |
| Employee Benefits | - | - | $0 | $11,290,000 |
Fetched: 2026-02-02
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-15,892,000 | $-37,397,000 | $-29,974,000 | $-46,350,000 |
| Operating Activities | ||||
| Operating Cash Flow | $58,730,000 | $52,782,000 | $61,361,000 | $33,028,000 |
| Cash Flow From Continuing Operating Activities | $58,730,000 | $52,782,000 | $61,361,000 | $33,028,000 |
| Operating Gains Losses | - | - | $-5,232,000 | - |
| Investing Activities | ||||
| Capital Expenditure | $-74,622,000 | $-90,179,000 | $-91,335,000 | $-79,378,000 |
| Investing Cash Flow | $-74,622,000 | $-90,179,000 | $-88,213,000 | $-79,378,000 |
| Cash Flow From Continuing Investing Activities | $-74,622,000 | $-90,179,000 | $-88,213,000 | $-79,378,000 |
| Capital Expenditure Reported | $-74,622,000 | $-90,179,000 | $-91,335,000 | $-79,378,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $974,000 | $12,115,000 | $10,335,000 | $3,837,000 |
| Financing Cash Flow | $17,728,000 | $35,959,000 | $27,147,000 | $39,479,000 |
| Cash Flow From Continuing Financing Activities | $17,728,000 | $35,959,000 | $27,147,000 | $39,479,000 |
| Net Other Financing Charges | $65,371,000 | $806,000 | $3,000 | $10,231,000 |
| Cash Dividends Paid | $-23,517,000 | $-22,561,000 | $-20,930,000 | $-19,493,000 |
| Preferred Stock Dividend Paid | $-109,000 | $-120,000 | $-120,000 | $-120,000 |
| Common Stock Dividend Paid | $-23,408,000 | $-22,441,000 | $-20,810,000 | $-19,373,000 |
| Net Common Stock Issuance | $974,000 | $12,115,000 | $10,335,000 | $3,837,000 |
| Common Stock Issuance | $974,000 | $12,115,000 | $10,335,000 | $3,837,000 |
| Other | ||||
| Repayment Of Debt | $-7,646,000 | $-17,463,000 | $-7,423,000 | $-52,691,000 |
| Issuance Of Debt | $2,296,000 | $75,812,000 | $2,662,000 | $86,595,000 |
| Interest Paid Supplemental Data | $14,485,000 | $12,762,000 | $9,251,000 | $8,546,000 |
| Income Tax Paid Supplemental Data | $3,169,000 | $2,962,000 | $3,230,000 | $3,335,000 |
| End Cash Position | $4,226,000 | $2,390,000 | $3,828,000 | $3,533,000 |
| Beginning Cash Position | $2,390,000 | $3,828,000 | $3,533,000 | $10,404,000 |
| Changes In Cash | $1,836,000 | $-1,438,000 | $295,000 | $-6,871,000 |
| Net Issuance Payments Of Debt | $-25,100,000 | $45,599,000 | $37,739,000 | $44,904,000 |
| Net Short Term Debt Issuance | $-19,750,000 | $-12,750,000 | $42,500,000 | $11,000,000 |
| Net Long Term Debt Issuance | $-5,350,000 | $58,349,000 | $-4,761,000 | $33,904,000 |
| Long Term Debt Payments | $-7,646,000 | $-17,463,000 | $-7,423,000 | $-52,691,000 |
| Long Term Debt Issuance | $2,296,000 | $75,812,000 | $2,662,000 | $86,595,000 |
| Net Business Purchase And Sale | $0 | $0 | $3,122,000 | $0 |
| Sale Of Business | $0 | $0 | $3,122,000 | $0 |
| Change In Working Capital | $-12,540,000 | $-3,041,000 | $1,379,000 | $-19,022,000 |
| Change In Other Working Capital | $-13,860,000 | $-1,992,000 | $-3,777,000 | $-6,846,000 |
| Change In Payables And Accrued Expense | $3,793,000 | $1,747,000 | $7,812,000 | $-10,986,000 |
| Change In Accrued Expense | $-222,000 | $603,000 | $549,000 | $-151,000 |
| Change In Interest Payable | $-222,000 | $603,000 | $549,000 | $-151,000 |
| Change In Payable | $4,015,000 | $1,144,000 | $7,263,000 | $-10,835,000 |
| Change In Account Payable | $2,574,000 | $2,771,000 | $3,722,000 | $-9,318,000 |
| Change In Tax Payable | $1,441,000 | $-1,627,000 | $3,541,000 | $-1,517,000 |
| Change In Income Tax Payable | $1,441,000 | $-1,627,000 | $3,541,000 | $-1,517,000 |
| Change In Prepaid Assets | $-589,000 | $791,000 | $256,000 | $6,000 |
| Change In Inventory | $253,000 | $-795,000 | $-819,000 | $-246,000 |
| Change In Receivables | $-2,137,000 | $-2,792,000 | $-2,093,000 | $-950,000 |
| Changes In Account Receivables | $-670,000 | $-2,154,000 | $-707,000 | $-742,000 |
| Other Non Cash Items | $-1,051,000 | $-1,758,000 | $-986,000 | $-1,641,000 |
| Stock Based Compensation | $1,537,000 | $2,214,000 | $1,630,000 | $1,338,000 |
| Deferred Tax | $-1,605,000 | $-5,599,000 | $-5,334,000 | $-10,989,000 |
| Deferred Income Tax | $-1,605,000 | $-5,599,000 | $-5,334,000 | $-10,989,000 |
| Depreciation Amortization Depletion | $28,038,000 | $29,442,000 | $27,475,000 | $26,799,000 |
| Depreciation And Amortization | $28,038,000 | $29,442,000 | $27,475,000 | $26,799,000 |
| Gain Loss On Sale Of Business | $0 | $0 | $-5,232,000 | $0 |
| Net Income From Continuing Operations | $44,351,000 | $31,524,000 | $42,429,000 | $36,543,000 |
Fetched: 2026-02-02