tiprankstipranks
New Jersey Resources Secures Funding and Revamps Incentives
Company Announcements

New Jersey Resources Secures Funding and Revamps Incentives

Don't Miss our Black Friday Offers:

The latest update is out from New Jersey Resources ( (NJR) ).

New Jersey Resources Corporation has successfully raised $100 million through a private placement of 5.55% Senior Notes, intended for corporate purposes such as acquisitions and debt repayment. Additionally, NJR has introduced its 2025 Officer Annual Incentive Plan, aligning executive bonuses with net financial earnings, leadership, and stakeholder commitment. The company also announced long-term incentive awards linked to shareholder returns and earnings per share, offering a compelling opportunity for investors monitoring NJR’s strategic financial maneuvers.

Find detailed analytics on NJR stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyNew Jersey Resources price target raised to $51 from $47 at Wells Fargo
TheFlyNew Jersey Resources price target raised to $47 from $45 at Mizuho
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App