Middlesex Water Company is part of the utilities sector and is part of the regulated utilities industry. The company CEO is Dennis W. Doll. Middlesex Water Co is a water utility based in the U.S. state of New Jersey. It is engaged the business of collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes.

Previous Intraday Performance:

The MSEX shares had a previous change of -2.03% which opened at 54.00 and closed at 53.17. It moved to an intraday high of 54.60 and a low of 53.14.

SeekingAlpha:  The Most Undervalued And Overvalued Dividend Champions – April 2019

Historical Performance:

Over the last five trading days, MSEX shares returned -2.40% and in the past 30 trading days it returned -6.56%. Over three months, it changed -1.86%. In one year it has changed 35.78% and within that year its 52-week high was 60.48 and its 52-week low was 39.71. MSEX stock is 33.90% above its 52 Week Low.

Our calculations result in a 200 day moving average of 50.17 and a 50 day moving average of 56.59. Right now, MSEX stock is trading 5.97% above its 200 day moving average.

SeekingAlpha:  The Most Undervalued And Overvalued Dividend Champions – April 2019


The company has a market cap of $874.7m with 16.5m shares outstanding and a float of 16.3m shares. Trading volume was 50,422 shares and has experienced an average volume of 57,042 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.


The last annual reported EPS for Middlesex Water Company was 1.95 which ended on 31st of December 2018, which according to the previous close, that is a PE of 27.27. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.31. The trailing twelve month EPS is 1.96, which comes to a trailing twelve month PE of 27.13. Historically, the PE high was 43.70 and the PE low was 18.30. If the stock reached its PE low, that would represent a price of 35.86, which is a decrease of -32.55%.

The dividend per share is currently 0.96, which is a dividend yield of 1.81%. Also, the payout ratio is 48.98%, therefore the dividend is safe according to our calculations.

The next earnings report will be: 04-30-2019

EPS growth is an important number as it indicates the future prospects of Middlesex Water Company; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 5.20% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 82.30% of institutional ownership.

I calculated the beta to be 0.41

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 13.80%, return on assets is 4.61%, profit margin is 25.93%, price-to-sales is 8.35 and price-to-book is 3.59.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 3  : Financial Safety Result
 4  : Past Performance Result
 1  : Valuation Result
 4  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).


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