Middlesex Water Co Sees Decline in Q3 Earnings, Falls Short of Projections
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2025
0mins
Should l Buy MSEX?
Source: NASDAQ.COM
Earnings Report: Middlesex Water Co reported a decline in third-quarter earnings, with a net income of $13.95 million, or $0.77 per share, down from $14.31 million, or $0.80 per share, in the same period last year.
Analyst Expectations: The company's earnings fell short of analysts' expectations, which had projected earnings of $0.85 per share, excluding special items.
Revenue Decline: Revenue for the quarter decreased by 1.8%, totaling $54.09 million compared to $55.10 million in the previous year.
Earnings Summary: Key figures for Middlesex Water Co include earnings of $13.95 million, EPS of $0.77, and revenue of $54.09 million, all reflecting a downturn from the previous year.
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Analyst Views on MSEX
Wall Street analysts forecast MSEX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSEX is 58.00 USD with a low forecast of 53.00 USD and a high forecast of 63.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
0 Hold
1 Sell
Hold
Current: 51.340
Low
53.00
Averages
58.00
High
63.00
Current: 51.340
Low
53.00
Averages
58.00
High
63.00
About MSEX
Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. It also operates water and wastewater systems under contract on behalf of municipal and private clients, primarily in New Jersey and Delaware. It operates through two segments: Regulated and Non-Regulated. The Regulated segment is engaged in the business of collecting, treating and distributing water on a retail and wholesale basis to residential, commercial, industrial and fire protection customers in parts of New Jersey and Delaware and includes Middlesex, Tidewater, Pinelands Water and Southern Shores. The Non-Regulated segment primarily consists of non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware and includes USA, USA-PA, and White Marsh. Across its regulated utility systems, it serves approximately 128,000 customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Yield Information: The forward yield of 2.74% provides relative attractiveness in the current market environment, potentially appealing to investors seeking stable income.
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