Middlesex Water (MSEX) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.79
- Estimate
- $0.70
- Surprise
- +12.9%
- Revenue (period 2026-06-30)
- $56.4M
- Score at report (before → after)
- 5.0 → 5.7/10
Revenue source: mixed.
How the report landed
Middlesex Water (MSEX) beat the $0.70 estimate with diluted EPS of $0.79 — a large 12.9% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.0/10) to Hold at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MSEX Sell at 5.6/10.
1 of the last 4 quarters beat the estimate; this quarter's +12.9% surprise compares with a +0.1% four-quarter average. Next scheduled report: 2026-10-30.
What supports the rating
- Sector modifier (Utilities): +1.0
- Strong growth profile
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.4)
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $56.31
- Price target
- $58.60
- Stop
- $54.14
- Upside to target
- +4.1%
At 21.8× trailing and 18.7× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.
MSEX at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Regulated Water
- Market cap
- $1.05B
- P/E (fwd)
- 18.7
- P/E (ttm)
- 21.8
- 52-week range
- $44.17–$62.18
- Off 52-week high
- 9.4%
- RSI (14)
- 31
- Volume vs avg
- 1.05×
- Score today
- 5.6/10