Middlesex Water stock highlights 31.7 percent EPS growth

Published on 10/07/2026 at 06:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Middlesex Water reported USD 56.36 million in Q2 revenue on July 30, 2026. Its USD 61.67 consensus target sits above the October 5 close of USD 53.07.

MSEX, US5966801087, Illustration mit AI erstellt.

Middlesex Water stock (ISIN US5966801087) closed at USD 53.07 on Nasdaq on October 5, 2026, with volume of 271,264 shares. The utility's latest reported quarter delivered diluted EPS of USD 0.79, up from USD 0.60 a year earlier.

Second quarter earnings improved

According to StockTitan, Middlesex Water reported second-quarter 2026 operating revenue of USD 56.4 million, net income of USD 14.8 million and diluted EPS of USD 0.79. Net income increased from USD 10.8 million in the prior-year quarter, while EPS rose 31.7 percent from USD 0.60.

The company's standardized quarterly figures put revenue at USD 56.357 million and net income at USD 14.772 million for the quarter ended June 30, 2026. Operating cash flow reached USD 16.4 million in the same period, giving investors a second measure of earnings quality alongside net income.

Revenue beat the forecast

MarketBeat reported that Q2 EPS of USD 0.79 exceeded the USD 0.66 consensus estimate by USD 0.13. Revenue of USD 56.36 million also surpassed the USD 54.51 million forecast by USD 1.85 million, a 3.4 percent difference.

That comparison matters because the earnings beat came with a reported net margin of 23.26 percent. The company operates regulated water and wastewater systems, so rate increases, customer consumption and infrastructure spending remain central to how investors read the quarterly numbers.

Analyst target remains higher

The published analyst consensus was Moderate Buy, based on one Buy rating and one Hold rating, with an average target of USD 61.67. The target lies 16.2 percent above the October 5 closing price of USD 53.07, while the highest cited individual target was USD 66.00.

For investors, the key tension is visible in the numbers: operating performance exceeded the latest quarterly forecast, while the share price remained below the published target average. Middlesex Water's investor-relations page identifies July 30, 2026, as the date of its second-quarter results and describes the company as a water and wastewater utility serving New Jersey and Delaware.

Middlesex Water stock stays at USD 53.07

Middlesex Water stock closed at USD 53.07 on Nasdaq on October 5, 2026. The October 5 session recorded a high of USD 53.67, a low of USD 52.86 and volume of 271,264 shares.