Middlesex Water (MSEX) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $0.95
- Estimate
- $0.86
- Surprise
- +10.5%
- Revenue (period 2026-09-30)
- $60.2M
- Score at report (before → after)
- 5.8 → 5.9/10
Revenue source: xbrl.
How the report landed
Middlesex Water (MSEX) beat the $0.86 estimate with adjusted EPS of $0.95 — a large 10.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Hold at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MSEX Hold at 5.9/10.
2 of the last 4 quarters beat the estimate; this quarter's +10.5% surprise compares with a +6.6% four-quarter average.
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)
- Target reached (-6.3% upside)
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
- $55.35
- Stop
- $52.91
At 21.4× trailing and 18.7× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — 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
- $1.04B
- P/E (fwd)
- 18.7
- P/E (ttm)
- 21.4
- 52-week range
- $44.17–$59.80
- Off 52-week high
- 7.4%
- RSI (14)
- 63
- Volume vs avg
- 0.86×
- Score today
- 5.9/10