Middlesex Water Company is a water utility based in the U.S. state of New Jersey that was first incorporated in 1897. The company declared an annual net income of $33.8M, with a revenue of $135.5M for fiscal year 2019.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| MSEX | MIDDLESEX WATER CO | 2025-10-30 18:32:55 | 58.02 | 1.1 | 1.93 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MSEX | 0000066004 | MIDDLESEX WATER CO | US5966801087 | — | 221114430 | Nasdaq | 4941 | Water Supply | 1231 | NJ | 485C ROUTE 1 SOUTH | ISELIN | NJ | 08830 | UNITED STATES | US | 7326341500 | 485C ROUTE 1 SOUTH, ISELIN, NJ, 08830 | 485C ROUTE 1 SOUTH, ISELIN, NJ, 08830 | — | — | 1897 | — | — | http://www.middlesexwater.com/ | 906,502,416 | 18,016,000 | 18,016,640 | Middlesex Water Company is a water utility based in the U.S. state of New Jersey that was first incorporated in 1897. The company declared an annual net income of $33.8M, with a revenue of $135.5M for fiscal year 2019. | 2025-10-30 14:36:53 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 906,502,416 | -489,118,110 | -35.0466 | 17,887,454 | 65,784 | 0.3691 |
| 2023 | 1,395,620,526 | -109,450,689 | -7.2721 | 17,821,670 | 179,523 | 1.0176 |
| 2022 | 1,505,071,215 | 112,074,330 | 8.0456 | 17,642,147 | 106,575 | 0.6078 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| A. Bruce | Chief Financial Officer, Treasurer, Sr. Vice President | 2024 | 331,556 | 90,000 | 0 | — | 34,298 | 812,498 |
| Mohammed G. Zerhouni | Chief Financial Officer, Treasurer, Sr. Vice President | 2024 | 271,634 | 81,731 | 305,000 | — | 209,829 | 868,194 |
| Dennis W. Doll | Chairman | 2024 | 214,200 | 0 | 0 | — | 26,164 | 575,995 |
| Nadine Leslie | Chief Executive Officer, President | 2024 | 574,423 | 390,385 | 678,000 | — | 34,768 | 1,677,576 |
| Jay L. Kooper | Secretary, General Counsel, Vice President | 2024 | 368,591 | 14,284 | 103,000 | — | 30,121 | 515,996 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 360 |
| 2023 | 355 |
| 2022 | 350 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 191,877,000 | 166,131,000 | 2,200,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 138,667,000 | 127,051,000 | 120,333,000 |
| Operating Income | 53,210,000 | 39,223,000 | 47,333,000 |
| Net Income | 44,351,000 | 31,524,000 | 42,429,000 |
| Earnings Per Share Basic | 2.48 | 1.77 | 2.4 |
| Earnings Per Share Diluted | 2.47 | 1.76 | 2.39 |
| Weighted Average Shares Outstanding Basic | 17,842,000 | 17,732 | 17,597 |
| Weighted Average Shares Outstanding Diluted | 17,946,000 | 17,847 | 17,712 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 4,226,000 | 2,390,000 | 3,828,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 18,842,000 | 18,172,000 | 16,018,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 2,422,000 | 1,833,000 | 2,624,000 |
| Total Assets Current | 42,973,000 | 108,536,000 | 37,306,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | 3,863,000 | 62,000 | 19,000 |
| Total Assets Non Current | 1,212,201,000 | 1,127,516,000 | 1,037,144,000 |
| Total Assets | 1,255,174,000 | 1,236,052,000 | 1,074,450,000 |
| Accounts Payable | 28,050,000 | 27,618,000 | 24,847,000 |
| Deferred Revenue | 1,476,000 | 1,390,000 | 1,365,000 |
| Short Term Debt | 359,386,000 | 42,800,000 | 55,500,000 |
| Other Liabilities Current | 7,759,000 | 4,421,000 | 3,988,000 |
| Total Liabilities Current | 82,888,000 | 103,829,000 | 117,859,000 |
| Long Term Debt | 352,822,000 | 364,736,000 | 306,387,000 |
| Other Liabilities Non Current | 344,000 | 592,000 | 919,000 |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | — | — | — |
| Common Stock | 248,202,000 | 246,764,000 | 233,054,000 |
| Retained Earnings | 197,061,000 | 176,227,000 | 167,274,000 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 445,263,000 | 422,991,000 | — |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 28,038,000 | 29,442,000 | 27,475,000 |
| Share Based Compensation Expense | 1,537,000 | 2,214,000 | 1,630,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 670,000 | 2,154,000 | 707,000 |
| Change In Inventories | -253,000 | 795,000 | 819,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 2,574,000 | 2,771,000 | 3,722,000 |
| Change In Other Liabilities | 1,219,000 | 677,000 | -454,000 |
| Cash From Operating Activities | 58,730,000 | 52,782,000 | 61,361,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 74,622,000 | 90,179,000 | 91,335,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -74,622,000 | -90,179,000 | -88,213,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 23,408,000 | 22,441,000 | 20,810,000 |
| Issuance Of Common Stock | 974,000 | 12,115,000 | 10,335,000 |
| Repurchase Of Common Stock | 1,468,000 | 619,000 | — |
| Issuance Of Long Term Debt | 2,296,000 | 75,812,000 | 2,662,000 |
| Repayment Of Long Term Debt | 7,646,000 | 17,463,000 | 7,423,000 |
| Other Financing Activities | 3,258,000 | 1,566,000 | 659,000 |
| Cash From Financing Activities | 17,728,000 | 35,959,000 | 27,147,000 |
| Change In Cash | 1,836,000 | -1,438,000 | 295,000 |
| Cash At End Of Period | 4,226,000 | 2,390,000 | 3,828,000 |
| Income Taxes Paid | 3,169,000 | 2,962,000 | 3,230,000 |
| Interest Paid | 14,485,000 | 12,762,000 | 9,251,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 2.48 | 1.77 | 2.4 |
| Price To Earnings Ratio | 21.2218 | 37.0734 | 32.7792 |
| Earnings Growth Rate | 40.113 | -26.25 | 15.3846 |
| Price Earnings To Growth Ratio | 0.529 | -1.4123 | 2.1306 |
| Book Value Per Share | 65.7037 | 63,851.9626 | 54,361.0274 |
| Price To Book Ratio | 0.801 | 0.001 | 0.0014 |
| Ebitda | 89,581,000 | 77,071,000 | 82,501,000 |
| Enterprise Value | 1,647,006,460 | 406,309,573.84 | 359,443,355.99 |
| Dividend Yield | 0.0249 | 19.2863 | 15.0323 |
| Dividend Payout Ratio | 0.5278 | 0.7119 | 0.4905 |
| Debt To Equity Ratio | 1.5995 | 0.9635 | — |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | 0.0996 | 0.0745 | — |
| One Year Beta | 0.5772 | 0.7941 | 0.5549 |
| Three Year Beta | 0.6011 | 0.5946 | 0.7963 |
| Five Year Beta | 0.7786 | 0.7733 | 0.7517 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| REINHARD WALTER G | Director | 2025-05-28 | 702 | D | 0 |
| Bershad Joshua | Director | 2025-04-01 | 702 | A | 702 |
| Doll Dennis W | Director | 2025-04-01 | 702 | A | 20,077 |
| Cosgrove James F. Jr. | Director | 2025-04-01 | 702 | A | 702 |
| Hanemann Kim C | Director | 2025-04-01 | 702 | A | 2,502 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| NORTHSTAR ASSET MANAGEMENT INC | 2025-09-30 | 2,803,145 | 51,795 | 54.12 |
| Parkside Financial Bank & Trust | 2025-09-30 | 650 | 12 | 54.1667 |
| AMALGAMATED BANK | 2025-09-30 | 285,000 | 5,257 | 54.2134 |
| NBT BANK N A /NY | 2025-09-30 | 44,378 | 820 | 54.1195 |
| Versant Capital Management, Inc | 2025-09-30 | 30,632 | 566 | 54.1201 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| SHELTON FUNDS | 2025-08-31 | K Shares | SMLKX | 674 | 36,085.96 | 0.0698 |
| SHELTON FUNDS | 2025-08-31 | Investor Shares | SMCIX | 674 | 36,085.96 | 0.0698 |
| Global X Funds | 2025-08-31 | Global X Clean Water ETF | AQWA | 1,087 | 58,197.98 | 0.4627 |
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT SMALL CAP FUND - CLASS A | SLPAX | 930 | 49,792.2 | 0.0263 |
| SEI INSTITUTIONAL INVESTMENTS TRUST | 2025-08-31 | SIIT Extended Market Index Fund - Class A | SMXAX | 2,901 | 155,319.54 | 0.0128 |