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How to buy Middlesex Water Company stock in Canada | $84.15
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Middlesex Water Company (MSEX) is a leading utilities-regulated water business based in the US. It opened the day at USD$83.21 after a previous close of USD$82.83. During the day the price has varied from a low of USD$83.21 to a high of USD$84.34. The latest price was USD$84.15 (25 minute delay). Middlesex Water Company is listed on the NASDAQ and employs 348 staff. All prices are listed in US Dollars.
How to buy shares in Middlesex Water Company
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MSEX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Middlesex Water Company stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Middlesex Water Company?
- Has coronavirus impacted Middlesex Water Company shares?
- Middlesex Water Company shares summary
- Compare share dealing platforms
- Is Middlesex Water Company stock a buy or sell?
- Middlesex Water Company performance over time
- Can I short Middlesex Water Company shares?
- Are Middlesex Water Company shares over-valued?
- Middlesex Water Company's financials
- How volatile are Middlesex Water Company shares?
- Does Middlesex Water Company pay a dividend?
- Have Middlesex Water Company shares ever split?
- Other common questions
How has Coronavirus impacted Middlesex Water Company's stock price?
Since the stock market crash in March caused by coronavirus, Middlesex Water Company's stock price has had significant positive movement.
Its last market close was $108.24, which is 36.94% up on its pre-crash value of $68.26 and 121.85% up on the lowest point reached during the March crash when the stocks fell as low as $48.79.
If you had bought $1,000 worth of Middlesex Water Company stocks at the start of February 2020, those stocks would have been worth $825.94 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,629.01.
Middlesex Water Company stock priceUse our graph to track the performance of MSEX stocks over time.
Middlesex Water Company shares at a glance
|52-week range||$62.73 - $116.40|
|50-day moving average||$106.50|
|200-day moving average||$94.48|
|Wall St. target price||$97.50|
|Dividend yield||$1.074 (1%)|
|Earnings per share (TTM)||$2.21|
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Note: The dollar amounts in the table below are in Canadian dollars.
Middlesex Water Company price performance over time
|1 week (2021-10-18)||-20.67%|
|1 month (2021-09-24)||-19.60%|
|3 months (2021-07-23)||-12.66%|
|6 months (2021-04-23)||-0.26%|
|1 year (2020-10-23)||20.73%|
|2 years (2019-10-24)||28.32%|
|3 years (2018-10-24)||80.89%|
|5 years (2016-10-24)||140.84%|
Is Middlesex Water Company under- or over-valued?
Valuing Middlesex Water Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Middlesex Water Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Middlesex Water Company's P/E ratio
Middlesex Water Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 49x. In other words, Middlesex Water Company shares trade at around 49x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Middlesex Water Company's PEG ratio
Middlesex Water Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.95. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Middlesex Water Company's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Middlesex Water Company's EBITDA
Middlesex Water Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $61.5 million.
The EBITDA is a measure of a Middlesex Water Company's overall financial performance and is widely used to measure a its profitability.
Middlesex Water Company financials
|Revenue TTM||$143.8 million|
|Operating margin TTM||26.5%|
|Gross profit TTM||$70.8 million|
|Return on assets TTM||2.42%|
|Return on equity TTM||11.22%|
|Market capitalisation||$1.9 billion|
TTM: trailing 12 months
Shorting Middlesex Water Company shares
There are currently 650,665 Middlesex Water Company shares held short by investors – that's known as Middlesex Water Company's "short interest". This figure is 5.2% down from 686,364 last month.
There are a few different ways that this level of interest in shorting Middlesex Water Company shares can be evaluated.
Middlesex Water Company's "short interest ratio" (SIR)
Middlesex Water Company's "short interest ratio" (SIR) is the quantity of Middlesex Water Company shares currently shorted divided by the average quantity of Middlesex Water Company shares traded daily (recently around 104273.23717949). Middlesex Water Company's SIR currently stands at 6.24. In other words for every 100,000 Middlesex Water Company shares traded daily on the market, roughly 6240 shares are currently held short.
However Middlesex Water Company's short interest can also be evaluated against the total number of Middlesex Water Company shares, or, against the total number of tradable Middlesex Water Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Middlesex Water Company's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Middlesex Water Company shares in existence, roughly 40 shares are currently held short) or 0.0425% of the tradable shares (for every 100,000 tradable Middlesex Water Company shares, roughly 43 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Middlesex Water Company.
Middlesex Water Company share dividends
Dividend payout ratio: 50.34% of net profits
Recently Middlesex Water Company has paid out, on average, around 50.34% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Middlesex Water Company shareholders could enjoy a 1.07% return on their shares, in the form of dividend payments. In Middlesex Water Company's case, that would currently equate to about $1.074 per share.
Middlesex Water Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Middlesex Water Company's most recent dividend payout was on 1 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 15 November 2021 (the "ex-dividend date").
Have Middlesex Water Company's shares ever split?
Middlesex Water Company's shares were split on a 4:3 basis on 17 November 2003. So if you had owned 3 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Middlesex Water Company shares – just the quantity. However, indirectly, the new 25% lower share price could have impacted the market appetite for Middlesex Water Company shares which in turn could have impacted Middlesex Water Company's share price.
Middlesex Water Company share price volatility
Over the last 12 months, Middlesex Water Company's shares have ranged in value from as little as $62.7315 up to $116.395. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Middlesex Water Company's is 0.3259. This would suggest that Middlesex Water Company's shares are less volatile than average (for this exchange).
Middlesex Water Company overview
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey. .
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Frequently asked questions
Middlesex Water Company in the news
Dividend Champion, Contender, And Challenger Highlights: Week Of October 24
Middlesex Water (MSEX) to Report Q3 Results: Wall Street Expects Earnings Growth
Middlesex Water Company Increases Common Dividend by 6.4%
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