Date | Price Target | Rating | Analyst |
---|---|---|---|
8/5/2024 | $58.00 | Outperform → Neutral | Robert W. Baird |
6/24/2022 | Neutral → Buy | Janney |
Robert W. Baird downgraded Middlesex Water from Outperform to Neutral and set a new price target of $58.00
Janney upgraded Middlesex Water from Neutral to Buy
Boenning & Scattergood downgraded Middlesex Water from Outperform to Neutral
Second Quarter 2024 Net Income was $10.5 million, as compared to $9.9 million in 2023, an increase of 6.5%.Second Quarter 2024 Revenues were $49.1 million, as compared to $42.8 million in 2023, an increase of 14.8%.Dividend of $0.325 per share of common stock payable in September 2024 ISELIN, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ:MSEX) a provider of water and wastewater services, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Results Diluted earnings per share were $0.59 for the three months ended June 30, 2024, compared to $0.55 for the same period in 2023. Net income for
ISELIN, N.J., July 24, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable September 3, 2024 to shareholders of record as of August 15, 2024. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various subsidiary companies. Information about Middlesex Water, including information about its Investment Plan, is available on the Investors section of the Company's website and its shareholder po
HIGHLIGHTS First Quarter 2024 Net Income was $10.7 million, as compared to $5.9 million in 2023, an increase of 82.1%First Quarter 2024 Diluted Earnings Per Share were $0.59, as compared to $0.33 in 2023, an increase of 78.8%First Quarter 2024 Revenues were $40.5 million, as compared to $38.2 million in 2023, an increase of 6.2%2024 Capital Investment Plan Delivery on scheduleDividend of $0.325 per share of common stock payable in June ISELIN, N.J., May 08, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ:MSEX) a provider of water and wastewater services, today reported first quarter financial results. First Quarter 2024 Results Dilute
8-K - MIDDLESEX WATER CO (0000066004) (Filer)
10-Q - MIDDLESEX WATER CO (0000066004) (Filer)
8-K - MIDDLESEX WATER CO (0000066004) (Filer)
Middlesex Water Company (Middlesex) is launching a $9.7 million project to upgrade Woodbridge, New Jersey's drinking water infrastructure. Starting in June 2024, the Company's RENEW initiative will revamp 18,550 linear feet of water mains, including service lines, valves, and hydrants. Integrated with RENEW, Middlesex's "Knocking Out Lead" program aims to eliminate lead or galvanized steel service lines. This aligns with New Jersey's legislation to replace all such lines by 2031. There is no direct cost to customers who meet the criteria for lead and galvanized water line replacement. Those identified lead service lines will be scheduled for future replacement.
Baird analyst Ben Kallo maintains Middlesex Water (NASDAQ:MSEX) with a Outperform and raises the price target from $56 to $58.
4 - MIDDLESEX WATER CO (0000066004) (Issuer)
4 - MIDDLESEX WATER CO (0000066004) (Issuer)
4 - MIDDLESEX WATER CO (0000066004) (Issuer)
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ISELIN, N.J. , Jan. 23, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has named Nadine Leslie as its new President & CEO effective March 1, 2024. Ms. Leslie joins Middlesex following a comprehensive search for a successor to outgoing President & CEO Dennis W. Doll, who will retire from the Company February 29, 2024. Ms. Leslie will also be appointed to the Board of Directors effective March 1, 2024. Ms. Leslie is an accomplished leader with domestic and international experience in the Water Industry. She previously served as Chief Executive Officer of SUEZ North America from 2019 to 2022. In this capacity, she was responsible for overseeing one of North America's leadin
ISELIN, N.J., April 03, 2023 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has named Robert J. Capko, Principal Accounting Officer, effective April 1, 2023. Mr. Capko will continue to serve as Corporate Controller of Middlesex Water and its subsidiaries including the Pinelands Water and Wastewater Companies, Utility Service Affiliates (Perth Amboy) Inc., and Utility Service Affiliates. He also serves as Treasurer of Tidewater Utilities, Inc. and its subsidiary, White Marsh Environmental Systems, Inc. In this new additional role, Mr. Capko will assume more defined responsibilities in the areas of external financial reporting and capital financing. Mr. Capko joined Middlesex W
ISELIN, N.J., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the "Company" or "Middlesex Water") has announced that its President and Chief Executive Officer, Nadine Leslie, and Senior Vice President, Chief Financial Officer and Treasurer, Mohammed G. (Rally) Zerhouni, will be participating in the 4th Annual Virtual Water Utilities Conference hosted by Janney Montgomery Scott on Thursday, September 19, 2024 at 1:00 p.m. (ET). Ms. Leslie and Mr. Zerhouni will be providing a Company update. The Conference is a virtual event to be moderated by Michael Gaugler, Janney Senior Analyst and Managing Director, Utility & Infrastructure. The live presentation as well as a replay of the w
GREENWICH, Conn., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, a leader in value-oriented and research-driven investment management, is excited to announce its second annual PFAS Symposium, scheduled for Thursday, September 26, 2024, at The Harvard Club in New York City. This event will bring together leading experts, policymakers, and industry executives to explore the critical issues surrounding PFAS (Per- and Polyfluoroalkyl Substances), their uses, replacements, and remediation efforts in water treatment. The symposium will feature company presentations, fireside chats, panel discussions, and one-on-one meetings. It aims to facilitate a comprehensive dialogue on the enviro
ISELIN, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce that its Vice President, General Counsel and Secretary, Jay L. Kooper, has been named a finalist in the 2024 New Jersey Legal Awards, sponsored by the New Jersey Law Journal. Kooper was named a finalist in the In-House Impact awards category. Finalists were selected for 18 different legal categories by an independent panel of judges. The winners in each category will be announced on October 29, 2024 at Park Chateau Estate in East Brunswick, New Jersey For more information, please visit the New Jersey Legal Awards s
SC 13G/A - MIDDLESEX WATER CO (0000066004) (Subject)
SC 13G/A - MIDDLESEX WATER CO (0000066004) (Subject)
SC 13G - MIDDLESEX WATER CO (0000066004) (Subject)