The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

MSEX

Concerning the House

Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The company collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers; and provides regulated wastewater system. It also provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems. Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

United States · www.middlesexwater.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$191.88M+373.5%
Operating income$53.21M+5.1%
Net income$42.82M+11.0%
Cash from ops$58.73M+9.9%
Quotation

$58.87

+0.60 (+1.0%)

52w hi$60.71
52w lo$47.94
Vol134.66K
As ofAug 13
The Verdict

Hold

Our score -0.01

Short+0.17
Medium-0.16
Long-0.07

computed 2026-08-13

By the Numbers

Middlesex Water Company

Utilities · Utilities - Regulated Water

Market cap$1.11B
Enterprise value$1.54B
Trailing P/E22.73x
Forward P/E19.69x
EV / EBITDA15.83x
P / S (ttm)5.38x
Profit margin23.3%
Return on equity9.8%
Revenue growth+14.3%
Earnings growth+31.6%
Debt / equity83.98
Risk Metrics
Beta vs SPX-0.05
Corr SPX-0.02
Annual vol31.4%
Annual ret+2.9%
Sharpe0.09
Max DD-30.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.28
Sector-0.01
Technical+0.13
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$58.29$59.24$58.29$58.87134.66K
Aug 12$58.02$58.97$58.02$58.2784.60K
Aug 11$58.00$58.65$57.70$58.28161.70K
Aug 10$58.00$58.13$56.95$57.74137.60K
Aug 7$57.30$58.52$56.62$58.22187.60K