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 | 2026-07-16 14:59:38 | 56.95 | 2.3 | 4.2 |
| 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 | Dennis W. Doll | — | https://www.middlesexwater.com/ | 954,602,892 | 18,577,000 | 18,624,329 | 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. | 2026-07-16 17:31:04 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 954,602,892 | 48,100,476 | 5.3062 | 18,521,933 | 634,479 | 3.5471 |
| 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 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Gregory S. Sorensen | Chief Operating Officer, Vice President | 2025 | 494,000 | 0 | 0 | 165,098 | 37,416 | 696,514 |
| Mohammed G. Zerhouni | Treasurer, Senior Vice President, Chief Financial Officer | 2025 | 587,600 | 0 | 200,000 | 199,905 | 37,191 | 1,024,696 |
| Nadine Leslie | Chair, Chief Executive Officer, President | 2025 | 754,000 | 0 | 678,000 | 427,525 | 46,499 | 1,906,024 |
| Mohammed G. Zerhouni | Treasurer, Senior Vice President, Chief Financial Officer | 2024 | 271,634 | 81,731 | 105,000 | 0 | 209,829 | 668,194 |
| Nadine Leslie | Chair, Chief Executive Officer, President | 2024 | 574,423 | 390,385 | 250,000 | 0 | 34,768 | 1,249,576 |
| Fiscal Year | Employee Count |
|---|---|
| 2025 | 395 |
| 2024 | 360 |
| 2023 | 355 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 194,694,000 | 191,877,000 | 166,131,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | 194,694,000 | 191,877,000 | 166,274,000 |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | — | — | — |
| Operating Expenses | 140,318,000 | 138,667,000 | 127,051,000 |
| Operating Income | 54,376,000 | 53,210,000 | 39,223,000 |
| Net Income | 42,822,000 | 44,351,000 | 31,524,000 |
| Earnings Per Share Basic | 2.36 | 2.48 | 1.77 |
| Earnings Per Share Diluted | 2.36 | 2.47 | 1.76 |
| Weighted Average Shares Outstanding Basic | 18,096,000 | 17,842,000 | 17,732 |
| Weighted Average Shares Outstanding Diluted | 18,137,000 | 17,946,000 | 17,847 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 2,800,000 | 4,226,000 | 2,390,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 19,213,000 | 18,842,000 | 18,172,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | — | — |
| Other Assets Current | 2,843,000 | 2,422,000 | 1,833,000 |
| Total Assets Current | 41,766,000 | 42,973,000 | 108,536,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | 6,151,000 | 3,863,000 | 62,000 |
| Total Assets Non Current | 1,323,971,000 | 1,212,201,000 | 1,127,516,000 |
| Total Assets | 1,365,737,000 | 1,255,174,000 | 1,236,052,000 |
| Accounts Payable | 31,326,000 | 28,050,000 | 27,618,000 |
| Deferred Revenue | 497,000 | 1,476,000 | 1,390,000 |
| Short Term Debt | 7,850,000 | 359,386,000 | 42,800,000 |
| Other Liabilities Current | 6,569,000 | 7,759,000 | 4,421,000 |
| Total Liabilities Current | 93,795,000 | 82,888,000 | 103,829,000 |
| Long Term Debt | 378,874,000 | 352,822,000 | 364,736,000 |
| Other Liabilities Non Current | 229,000 | 344,000 | 592,000 |
| Total Liabilities Non Current | 777,911,000 | 727,023,000 | 709,232,000 |
| Total Liabilities | 871,706,000 | 809,911,000 | 813,061,000 |
| Common Stock | 279,148,000 | 248,202,000 | 246,764,000 |
| Retained Earnings | 214,883,000 | 197,061,000 | 176,227,000 |
| Accumulated Other Comprehensive Income | — | — | — |
| Total Shareholders Equity | 494,031,000 | 445,263,000 | 422,991,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 32,495,000 | 28,038,000 | 29,442,000 |
| Share Based Compensation Expense | 1,237,000 | 1,537,000 | 2,214,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | 371,000 | 670,000 | 2,154,000 |
| Change In Inventories | 830,000 | -253,000 | 795,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 1,296,000 | 2,574,000 | 2,771,000 |
| Change In Other Liabilities | 6,580,000 | 1,219,000 | 677,000 |
| Cash From Operating Activities | 62,596,000 | 58,730,000 | 52,782,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | — | 74,622,000 | 90,179,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -100,961,000 | -74,622,000 | -90,179,000 |
| Tax Withholding For Share Based Compensation | 371,000 | — | — |
| Payments Of Dividends | 24,924,000 | 23,408,000 | 22,441,000 |
| Issuance Of Common Stock | 30,454,000 | 974,000 | 12,115,000 |
| Repurchase Of Common Stock | — | 1,468,000 | 619,000 |
| Issuance Of Long Term Debt | 33,615,000 | 2,296,000 | 75,812,000 |
| Repayment Of Long Term Debt | 7,317,000 | 7,646,000 | 17,463,000 |
| Other Financing Activities | 2,792,000 | 3,258,000 | 1,566,000 |
| Cash From Financing Activities | 38,614,000 | 17,728,000 | 35,959,000 |
| Change In Cash | 249,000 | 1,836,000 | -1,438,000 |
| Cash At End Of Period | 2,800,000 | 4,226,000 | 2,390,000 |
| Income Taxes Paid | 1,639,000 | 3,169,000 | 2,962,000 |
| Interest Paid | 13,459,000 | 14,485,000 | 12,762,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 2.36 | 2.48 | 1.77 |
| Price To Earnings Ratio | 21.3644 | 21.2218 | 37.0734 |
| Earnings Growth Rate | -4.8387 | 40.113 | -26.25 |
| Price Earnings To Growth Ratio | -4.4153 | 0.529 | -1.4123 |
| Book Value Per Share | 27.3006 | 24.9559 | 23,854.6695 |
| Price To Book Ratio | 1.8468 | 2.1089 | 0.0028 |
| Ebitda | 91,251,000 | 89,581,000 | 77,071,000 |
| Enterprise Value | 1,296,324,320 | 1,647,006,460 | 406,309,573.84 |
| Dividend Yield | 0.0273 | 0.0249 | 19.2863 |
| Dividend Payout Ratio | 0.582 | 0.5278 | 0.7119 |
| Debt To Equity Ratio | 0.7828 | 1.5995 | 0.9635 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | 0.0867 | 0.0996 | 0.0745 |
| One Year Beta | -0.1575 | 0.5772 | 0.7941 |
| Three Year Beta | 0.2398 | 0.6011 | 0.5946 |
| Five Year Beta | 0.4 | 0.7786 | 0.7733 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Bershad Joshua | Director | 2026-04-01 | 865 | A | 1,567 |
| Cosgrove James F. Jr. | Director | 2026-04-01 | 865 | A | 865 |
| Hanemann Kim C | Director | 2026-04-01 | 865 | A | 3,367 |
| HOGLUND ROBERT N | Director | 2026-04-01 | 865 | A | 865 |
| Klein Steven M | Director | 2026-04-01 | 865 | A | 3,333 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Capital Advisors, Ltd. LLC | 2026-06-30 | 5,000 | 89 | 56.1798 |
| Davis Capital Management | 2026-06-30 | 56 | 1 | 56 |
| YOUSIF CAPITAL MANAGEMENT, LLC | 2026-06-30 | 256,146 | 4,561 | 56.1601 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 2026-06-30 | 205,517 | 3,736 | 55.0099 |
| City State Bank | 2026-06-30 | 54,307 | 967 | 56.1603 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| DFA INVESTMENT DIMENSIONS GROUP INC | 2026-04-30 | U.S. MICRO CAP PORTFOLIO - INSTITUTIONAL CLASS | DFSCX | 64,599 | 3,286,797.12 | 0.044 |
| Global X Funds | 2026-04-30 | Global X Russell 2000 ETF | RSSL | 7,929 | 403,427.52 | 0.0283 |
| Dimensional ETF Trust | 2026-04-30 | Dimensional U.S. Equity Market ETF | DFUS | 5,457 | 277,652.16 | 0.0014 |
| Dimensional ETF Trust | 2026-04-30 | Dimensional U.S. Small Cap ETF | DFAS | 61,329 | 3,120,419.52 | 0.0222 |
| Dimensional ETF Trust | 2026-04-30 | Dimensional US Sustainability Core 1 ETF | DFSU | 1,877 | 95,501.76 | 0.0046 |