Huntington Forecasts Middlesex Water FY2026 Earnings

Middlesex Water Company (NASDAQ:MSEX) – Analysts at Huntington issued their FY2026 earnings per share (EPS) estimates for Middlesex Water in a report issued on Sunday, November 1st. Huntington analyst M. Gaugler expects that the utilities provider will post earnings per share of $2.82 for the year. Huntington has a “Strong-Buy” rating on the stock. Huntington also issued estimates for Middlesex Water’s Q4 2026 earnings at $0.51 EPS, Q1 2027 earnings at $0.60 EPS, Q2 2027 earnings at $0.77 EPS, Q3 2027 earnings at $0.89 EPS, Q4 2027 earnings at $0.54 EPS, FY2027 earnings at $2.80 EPS, Q1 2028 earnings at $0.62 EPS, Q2 2028 earnings at $0.83 EPS, Q3 2028 earnings at $0.88 EPS and FY2028 earnings at $2.92 EPS.

Other equities analysts have also recently issued research reports about the stock. New Street Research set a $64.00 price target on shares of Middlesex Water in a research report on Thursday, July 9th. Robert W. Baird set a $66.00 price objective on Middlesex Water in a research report on Friday, July 31st. Weiss Ratings upgraded Middlesex Water from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, October 12th. Finally, Freedom Broker lifted their target price on Middlesex Water from $56.00 to $58.00 and gave the company a “hold” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.75.

Middlesex Water Trading Up 2.7%

Shares of MSEX stock opened at $59.19 on Thursday. Middlesex Water has a fifty-two week low of $48.19 and a fifty-two week high of $59.80. The company has a 50 day moving average price of $55.48 and a 200 day moving average price of $54.26. The stock has a market capitalization of $1.13 billion, a P/E ratio of 21.37 and a beta of 0.71. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.42 and a current ratio of 0.51.

Middlesex Water (NASDAQ:MSEX) last posted its earnings results on Thursday, October 29th. The utilities provider reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.13. The firm had revenue of $60.21 million during the quarter, compared to the consensus estimate of $59.90 million. Middlesex Water had a net margin of 24.50% and a return on equity of 10.08%.

Hedge Funds Weigh In On Middlesex Water

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Middlesex Water during the 2nd quarter worth about $176,031,000. Legal & General Group Plc acquired a new position in shares of Middlesex Water during the 2nd quarter worth about $24,570,000. Bank of New York Mellon Corp acquired a new position in shares of Middlesex Water during the 2nd quarter worth about $10,054,000. Jupiter Topco LLC purchased a new position in shares of Middlesex Water in the 2nd quarter valued at about $7,264,000. Finally, Nuance Investments LLC purchased a new position in shares of Middlesex Water in the 2nd quarter valued at about $4,820,000. Hedge funds and other institutional investors own 79.52% of the company’s stock.

Insider Activity

In related news, VP Lorrie Ginegaw sold 615 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $57.61, for a total transaction of $35,430.15. Following the completion of the transaction, the vice president owned 3,978 shares in the company, valued at approximately $229,172.58. The trade was a 13.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.92% of the company’s stock.

Middlesex Water Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be given a dividend of $0.38 per share. This is an increase from Middlesex Water’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.52 annualized dividend and a dividend yield of 2.6%. Middlesex Water’s dividend payout ratio is presently 54.87%.

More Middlesex Water News

Here are the key news stories impacting Middlesex Water this week:

• Positive Sentiment: Huntington initiated coverage with a Strong-Buy rating. The firm forecasts EPS of $2.82 for FY2026, $2.80 for FY2027 and $2.92 for FY2028, suggesting modest projected earnings growth into 2028. Huntington recommendations
• Positive Sentiment: Freedom Broker reportedly increased its price target for MSEX, another potentially supportive analyst signal; the article provided does not specify the new target or the size of the increase. Middlesex Water price target increase
• Neutral Sentiment: Huntington’s quarter-by-quarter EPS estimates are repeated across multiple reports and do not, by themselves, indicate that the firm raised its forecasts. The provided articles contain no new earnings results or operational news.

About Middlesex Water

Middlesex Water Company (NASDAQ:MSEX) is a regulated water and wastewater utility that owns and operates systems serving residential, commercial, industrial and municipal customers. Its services include the production, treatment, distribution and sale of potable water, as well as wastewater collection and treatment.

Founded in 1897, the company primarily serves communities in New Jersey and Delaware through its regulated utility operations. Its New Jersey service area includes portions of Middlesex, Union, Somerset and Mercer counties, while its Delaware operations serve customers through the Tidewater Utilities subsidiary.

Middlesex Water also provides contract operations, maintenance and related services for municipal and other public water and wastewater systems.