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The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company’s revenue is derived from the Regulated segment and from residential customers. Middlesex Water Company owns and operates regulated water utility and wastewater systems. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware.
Style is calculated by combining value and growth scores, which are first individually calculated. Provides a general description of the business conducted by this company. The Barchart Technical Opinion rating is a 72% Sell with a Average short term outlook on maintaining the current direction. American Water’s (AWK) New Jersey American Water unit to invest $5.7 million in order to replace old pipelines and increase the resilience of its services.
Middlesex Water Company Announces $11.1 Million Project To Upgrade Water Mains in Carteret and Port Reading
The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30. Middlesex Water Company’s (MSEX) fourth-quarter earnings and revenues miss estimates. Essential Utilities’ (WTRG) fourth-quarter earnings are lower than expected. WTRG continues to make acquisitions and investments to strengthen its water and natural gas operations.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy 2019 indian calendar pdf or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.
Stock Money Flow
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. 1 Wall Street research analysts have issued twelve-month price objectives for Middlesex Water’s stock. Their MSEX share price forecasts range from $85.00 to $85.00. On average, they expect the company’s stock price to reach $85.00 in the next twelve months.
The consensus among Wall Street analysts is that investors should “buy” MSEX shares. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
MSEX Related stocks
Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
Some Investors May Be Worried About Middlesex Water’s (NASDAQ:MSEX) Returns On Capital – Simply Wall St
Some Investors May Be Worried About Middlesex Water’s (NASDAQ:MSEX) Returns On Capital.
Posted: Tue, 22 Aug 2023 07:00:00 GMT [source]
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. MSEX’s https://1investing.in/ beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns.
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To see all exchange delays and terms of use please see Barchart’s disclaimer. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Middlesex Water’s stock is owned by many different retail and institutional investors. Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Middlesex Water declared a quarterly dividend on Friday, July 21st. Investors of record on Friday, August 11th will be paid a dividend of $0.313 per share on Friday, September 1st. This represents a $1.25 annualized dividend and a dividend yield of 1.70%. Utility stocks can be an excellent source of market-topping dividend income; and according to the four analysts we spoke to, these four utilities would be best suited for retirees. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.
Middlesex Water Company Announces Discount on Investment Plan Common Stock Purchases
Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023.
One share of MSEX stock can currently be purchased for approximately $73.73. Middlesex Water’s stock was trading at $78.67 at the beginning of 2023. Since then, MSEX stock has decreased by 6.3% and is now trading at $73.73. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. When it comes to consistent dividend growth this sector is practically unmatched. See which sector and what five companies income-seeking investors need to be monitoring.
NewsMiddlesex Water Co.MSEX
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers.
- Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
- Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
- Middlesex Water Company owns and operates regulated water utility and wastewater systems.
- 1 Wall Street research analysts have issued twelve-month price objectives for Middlesex Water’s stock.
- As an investor, you want to buy stocks with the highest probability of success.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. ISELIN, N.J., April 17, 2023 (GLOBE NEWSWIRE) — Middlesex Water Company (Middlesex) has announced that beginning in May 2023, it will begin an $11.1 million initiative to upgrade drinking water infra…