Middlesex Water downgraded by Robert W. Baird with a new price target

ISELIN, N.J., April 02, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its subsidiary, Tidewater Utilities, Inc. (TUI), completed its acquisition of the water system assets of the Town of Ocean View (TOV) in Sussex County, Delaware for $4.6 million. "We are delighted to welcome Ocean View residents as our newest Tidewater customers," said Bruce E. Patrick, President of TUI. "Maintaining the same water rates for all Ocean View residents during this transition is of the utmost importance to our team. We remain steadfast in our commitment of delivering clean, safe, reliable water service to our customers and remaining good community partners, just as we h

Diluted earnings per share ("EPS") of $2.47 for 2024, compared to 2023 earnings of $1.76Invested $75 million in capital expenditures in 2024 to upgrade, replace and enhance the resiliency of its water and wastewater utility infrastructureUtility infrastructure investment of $387 million planned from 2025 through 2027 ISELIN, N.J., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ:MSEX) today announced financial results for the fourth quarter and year end 2024. Middlesex reported net income of $44.4 million and diluted EPS of $2.47 for 2024, compared to net income of $31.5 million and diluted EPS of $1.76 in 2023. "Our strong 2024 per

ISELIN, N.J., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) today announced the hiring of Brian Hague as its Vice President of Communications and Corporate Affairs, where he will focus on internal and external communications, crisis management, government affairs, and community outreach. Hague comes to MWC with over 20 years of communications experience in both the public and private sectors. He has held numerous senior leadership roles in state and local government, mid-size and national public relations firms. His most recent position was Director of Government Affairs and Communications for the American Dream entertainment and retail destination in northern Ne

Robert W. Baird upgraded Middlesex Water from Neutral to Outperform and set a new price target of $61.00

BofA Securities initiated coverage of Middlesex Water with a rating of Underperform and set a new price target of $56.00

Robert W. Baird downgraded Middlesex Water from Outperform to Neutral and set a new price target of $58.00

4 - MIDDLESEX WATER CO (0000066004) (Issuer)

4 - MIDDLESEX WATER CO (0000066004) (Issuer)

4 - MIDDLESEX WATER CO (0000066004) (Issuer)

4 - MIDDLESEX WATER CO (0000066004) (Issuer)

10-K/A - MIDDLESEX WATER CO (0000066004) (Filer)

8-K - MIDDLESEX WATER CO (0000066004) (Filer)

10-K - MIDDLESEX WATER CO (0000066004) (Filer)

ISELIN, N.J., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) today announced the hiring of Brian Hague as its Vice President of Communications and Corporate Affairs, where he will focus on internal and external communications, crisis management, government affairs, and community outreach. Hague comes to MWC with over 20 years of communications experience in both the public and private sectors. He has held numerous senior leadership roles in state and local government, mid-size and national public relations firms. His most recent position was Director of Government Affairs and Communications for the American Dream entertainment and retail destination in northern Ne

ISELIN, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the "Company" or "Middlesex"), (NASDAQ:MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, today announced that G. Christian Andreasen, Jr., P.E., Vice President, Enterprise Engineering, and President, Pinelands Water and Wastewater Companies will be retiring on January 31, 2025 after a 42-year career with the Company. Andreasen joined Middlesex in 1982 and assumed increasing responsibilities in the areas of planning, engineering, construction and management. Early in his career, Andreasen played a critical role driving projects which helped support the Company's growt

ISELIN, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (the "Company" or "Middlesex"), (NASDAQ:MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, today announced that Bernadette M. Sohler, Vice President of Corporate Affairs, will be retiring on December 31, 2024 after a 30-year career with the Company. Sohler joined Middlesex in 1994 and served in positions of increasing responsibility before being named to the executive leadership team as Vice President in 2007. She oversaw internal and corporate communications strategy including branding of the company's RENEW, DirectALERT and Water for Tomorrow® initiatives, digital me

Diluted earnings per share ("EPS") of $2.47 for 2024, compared to 2023 earnings of $1.76Invested $75 million in capital expenditures in 2024 to upgrade, replace and enhance the resiliency of its water and wastewater utility infrastructureUtility infrastructure investment of $387 million planned from 2025 through 2027 ISELIN, N.J., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ:MSEX) today announced financial results for the fourth quarter and year end 2024. Middlesex reported net income of $44.4 million and diluted EPS of $2.47 for 2024, compared to net income of $31.5 million and diluted EPS of $1.76 in 2023. "Our strong 2024 per

ISELIN, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) announced today that its Board of Directors has declared a quarterly cash dividend of $0.34 per share on its common stock, payable March 3, 2025, to shareholders of record as of February 18, 2025. Middlesex Water Company provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various subsidiary companies. Information about Middlesex Water Company, including information about its Investment Plan, is available on the Investors section of the Company's website and its shareholder portal. About Middlesex Water Company Established in 1897, Middle

Diluted earnings per share of $0.80 for the quarter, an increase of 42.9% in comparison to the prior yearCommon dividend increased by 4.62%. ISELIN, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ:MSEX) a provider of water and wastewater services, today announced third quarter financial results. Third Quarter Operating Results Diluted earnings per share were $0.80 and $0.56 for the three months ended September 30, 2024, and 2023, respectively. Net income for the quarter was $14.3 million, a $4.3 million increase when compared to the same period in 2023. Revenues for the quarter ended September 30, 2024, increased $8.4 milli

SC 13G - MIDDLESEX WATER CO (0000066004) (Subject)

SC 13G - MIDDLESEX WATER CO (0000066004) (Subject)

SC 13G/A - MIDDLESEX WATER CO (0000066004) (Subject)