Middlesex Water (MSEX) Earns News Impact Score of 0.19
Media stories about Middlesex Water (NASDAQ:MSEX) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Middlesex Water earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 46.3763641727258 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Meter Pit Program Offers Middlesex Water Customers Convenience and Safety (tapinto.net)
- Middlesex Water Company (MSEX) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Analysts Set $39.00 Price Target for Middlesex Water Company (MSEX) (americanbankingnews.com)
- Middlesex Water Co. : MSEX-US: Dividend Analysis : August 11th, 2017 (record date) : By the numbers : September 12, 2017 (finance.yahoo.com)
- Middlesex Water Co. breached its 50 day moving average in a Bullish Manner : MSEX-US : September 11, 2017 (finance.yahoo.com)
A number of research analysts have recently weighed in on MSEX shares. ValuEngine upgraded shares of Middlesex Water from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Zacks Investment Research upgraded shares of Middlesex Water from a “sell” rating to a “hold” rating in a report on Friday, September 8th. Finally, BidaskClub downgraded shares of Middlesex Water from a “hold” rating to a “sell” rating in a report on Thursday, August 10th.
Shares of Middlesex Water (NASDAQ MSEX) traded up 0.62% on Monday, reaching $39.26. 6,159 shares of the company traded hands. The stock has a market cap of $641.39 million, a price-to-earnings ratio of 29.63 and a beta of 0.41. Middlesex Water has a 52-week low of $32.23 and a 52-week high of $44.48. The stock has a 50 day moving average of $38.42 and a 200 day moving average of $37.72.
Middlesex Water (NASDAQ:MSEX) last announced its earnings results on Tuesday, August 1st. The utilities provider reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.05). Middlesex Water had a return on equity of 9.95% and a net margin of 16.46%. The business had revenue of $33.01 million for the quarter, compared to analyst estimates of $34.00 million. On average, analysts expect that Middlesex Water will post $1.48 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 11th were given a dividend of $0.2113 per share. This represents a $0.85 annualized dividend and a yield of 2.17%. The ex-dividend date was Wednesday, August 9th. Middlesex Water’s dividend payout ratio (DPR) is currently 63.91%.
About Middlesex Water
Middlesex Water Company is a water utility company. The Company owns and operates regulated water utility and wastewater systems in New Jersey, Delaware and Pennsylvania. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware.
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