Middlesex Water Company
MSEXUtilitiesNASDAQUtilities - Regulated Water · Last scanned Oct 24, 2026
Scan Results
Daily timeframeMiddlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. With a market capitalization of $1.06B, it sits in small-cap territory. It operates in two segments, Regulated and Non-Regulated.
Market Cap
$1.06B
Beta
0.73
P/E (TTM)
21.63
P/E (Fwd)
18.93
EPS (TTM)
$2.59
EPS (Fwd)
$2.96
ROE
9.8%
ROA
3.0%
Cash
$1.8M
Total Debt
$438.7M
Free CF
-$28.3M
52W Change
-7.2%
Annual Financials
Cash vs Debt
Where MSEX stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, MSEX finished 1.39% below its 150-day moving average ($54.01) and 0.49% below its 200-day moving average ($53.52). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is MSEX overbought or oversold?
At the October 20, 2026 close, MSEX's RSI(14) was 50.5, in neutral territory (between 30 and 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The company holds $1.8M in cash, though total debt stands at $438.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$28.3M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 9.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.0% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $162.4M to $194.7M.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Middlesex Water Company's trajectory.