MIDDLESEX WATER (MSEX)
Utilities · NASDAQ
Middlesex Water Company owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware, serving approximately 131,000 customers across its Middlesex, Tidewater, Pinelands, and USA…
What MIDDLESEX WATER does
Middlesex Water Company owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware, serving approximately 131,000 customers across its Middlesex, Tidewater, Pinelands, and USA subsidiaries. The company also operates water and wastewater systems under contract for municipal and private clients. Its largest segment, the Middlesex System, serves approximately 61,000 retail customers in central New Jersey and supplies water to multiple municipal entities.
Themes: ["Water utility operations","Wastewater treatment and collection","Regulated utility infrastructure","Municipal water services contracts","Mid-Atlantic water infrastructure"]
Fundamentals
- Price$54.53 as of 2026-07-09 close
- Market cap$1.0B as of 2026-07-10
- 1-year return-1.9% as of 2026-07-09 close
- P/E23.30 as of 2026-07-10
- Net margin+22.1% as of 2026-07-10
- ROE+9.1% as of 2026-07-10
- Debt / equity0.85 as of 2026-07-10
- Revenue growth (YoY)+1.8% as of 2026-07-10
- Revenue CAGR (3y)+8.2% SEC XBRL
- Beta0.74 as of 2026-07-10
Dividend: yield +2.6%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory oversight and rate-setting authority in New Jersey and Delaware could limit revenue growth and profitability","Capital-intensive business requires significant ongoing investment in infrastructure, creating financing and depreciation pressures","Dependence on water supply availability and drought/weather conditions affecting demand and operational costs"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.