Stocktoria
MIDDLESEX WATER CO MSEX
MIDDLESEX WATER CO (MSEX) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 2.41% (safety: moderate). FY2025 revenue was $194.7M at a 22.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | -0.038 |
| Retained earnings / assets | 0.157 |
| EBIT / assets | 0.04 |
| Equity / liabilities | 0.567 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| MSEX | MIDDLESEX WATER CO | 4/9 | 1.13 | 24.1 | +1.5% |
| CWCO | Consolidated Water Co. Ltd. | 5/9 | 13.28 | 25.7 | -1.4% |
| ARTNA | ARTESIAN RESOURCES CORP | 5/9 | 0.93 | 15.2 | +4.6% |
| YORW | YORK WATER CO | 3/9 | 1.24 | 24.1 | +3.4% |
| GWRS | Global Water Resources, Inc. | 4/9 | 0.26 | 70.6 | +5.8% |
| PCYO | PURE CYCLE CORP | 5/9 | 8.14 | 20.6 | -9.3% |
| CDZI | CADIZ INC | 2/9 | -16.89 | — | — |
All Transportation & Utilities companies →
About MIDDLESEX WATER CO
Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The company collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers; and provides regulated wastewater system. It also provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems. Middlesex Water Company was incorporated in 1896 and is headquartered in Iselin, New Jersey.
FAQ
Is MSEX financially healthy?
MIDDLESEX WATER CO's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does MSEX pay a dividend, and is it safe?
Yes. MIDDLESEX WATER CO pays a dividend yielding about 2.41% with a 58.2% payout ratio, rated “moderate” for safety.
How profitable is MSEX?
In FY2025, MIDDLESEX WATER CO had a net margin of 22.0% and a return on equity of 8.7%.
Is MSEX overvalued or undervalued?
MIDDLESEX WATER CO trades at about 24.7× trailing earnings — below its 10-year norm (10-year range 20.5×–48.9×, median 31.8×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for MSEX?
The average Wall-Street price target for MIDDLESEX WATER CO is $60.00, about 3.0% above the recent price, from 2 analysts.
Is MSEX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on MIDDLESEX WATER CO: a Piotroski F-score of 4/9, an Altman Z″ in the grey zone, a P/E of about 24.1×, a dividend yield of 2.41%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.