MSEX
Middlesex Water Company
NASDAQ: MSEX · UTILITIES · UTILITIES - REGULATED WATER
$51.83
-1.48% today
Updated 2026-06-03
Market cap
$980.01M
P/E ratio
21.93
P/S ratio
4.92x
EPS (TTM)
$2.40
Dividend yield
2.62%
52W range
$43 – $61
Volume
0.1M
WallStSmart proprietary scores
59
out of 100
Grade: C+
Hold
Investment rating
6.0
Growth
B3.0
Quality
D7.0
Profitability
B+3.3
Valuation
D1/9
Piotroski F-Score
Weak
0.8
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →199 stocks currently score above 75
Price targets
Analyst target
$60.00
+15.76%
12-Month target
$49.37
-4.75%
Intrinsic (DCF)
$41.53
Margin of safety
-24.51%
0 Strong Buy1 Buy1 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 22.10% — above average
Risks
- Piotroski 1/9 — weak financial health
- Altman Z 0.81 — distress zone
- Negative free cash flow $-8.91M
- 24.51% above intrinsic value
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $162.43M | $166.27M | $191.88M | $194.69M | $199.11M |
| Net income | $42.43M | $31.52M | $44.35M | $42.82M | $10.61M |
| EPS | — | — | — | — | $2.40 |
| Free cash flow | $-29.97M | $-37.40M | $-15.89M | $-33.76M | $-8.91M |
| Profit margin | 26.12% | 18.96% | 23.11% | 21.99% | 22.10% |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-01 | ZERHOUNI, MOHAMMED G. | Buy | 5,927 | $52.05 |
| 2026-04-01 | SORENSEN, GREGORY S | Buy | 4,983 | $52.05 |
| 2026-04-01 | SIMPSON, GEORGIA M | Buy | 2,140 | $52.05 |
Peer comparison
Smart narrative
Middlesex Water Company trades at $51.83. representing a P/E of 21.93x trailing earnings. Our Smart Value Score of 59/100 indicates the stock is fair. The company scores 1/9 on the Piotroski F-Score. With an Altman Z-Score of 0.81, it sits in the distress. TTM revenue stands at $199.11M. with profit margins at 22.10%. Our DCF model estimates intrinsic value at $41.53.
Frequently asked questions
What is Middlesex Water Company's stock price?
Middlesex Water Company (MSEX) trades at $51.83, on a P/E of 21.9x and a P/S of 4.9x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Middlesex Water Company overvalued?
Middlesex Water Company carries a Smart Value Score of 59/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $41.53 against the $51.83 price, so on cash flow terms the market is paying a premium for Middlesex Water Company's growth. The Hold rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Middlesex Water Company (MSEX)?
The 12-month analyst consensus target is $60.00, about 15.8% above the current $51.83. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of MSEX by 2030?
Our research-backed model puts the 2030 base case at $65.50, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Middlesex Water Company (MSEX)?
Our DCF model estimates intrinsic value at $41.53, a -24.5% margin of safety versus today's $51.83. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Middlesex Water Company's revenue?
Middlesex Water Company's trailing twelve-month revenue is $199.11M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Middlesex Water Company's Altman Z-Score is 0.81, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorUTILITIES
IndustryUTILITIES - REGULATED WATER
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio4.92x
ROE8.77%
Beta0.78
50D MA$52.29
200D MA$53.02
Shares out0.02B
Float0.02B
Short ratio—
Avg volume0.1M
Performance
1 week+0.00%
1 month+1.31%
3 months+3.51%
YTD+2.99%
1 year—
3 years—
5 years—