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New Jersey Resources Corporation (NJR)
NYSE:NJR
NJR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$40.62 - $51.95
Previous CloseN/A
Volume83.89K
Average Volume (3M)675.45K
Market Cap
$4.92B
Enterprise Value$8.24B
Total Cash (Recent Filing)$156.12M
Total Debt (Recent Filing)$562.42M
Price to Earnings (P/E)14.8
Beta0.31
Next Earnings
May 01, 2025EPS Estimate
1.58Last Dividend Ex-Date
Mar 11, 2025Dividend Yield3.55%
Share Statistics
EPS (TTM)3.32
Shares Outstanding100,289,420
10 Day Avg. Volume807,004
30 Day Avg. Volume675,451
Financial Highlights & Ratios
PEG Ratio0.40
Price to Book (P/B)N/A
Price to Sales (P/S)2.67
Price to Cash Flow (P/CF)-135.70
P/FCF Ratio0.00
Enterprise Value/Market Cap1.68
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit11.84
Enterprise Value/Ebitda11.28
Forecast
1Y Price Target
$53.00Price Target Upside6.94% Upside
Rating ConsensusHold
Number of Analyst Covering5
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New Jersey Resources News
PremiumCompany Announcements
New Jersey Resources Reports Strong First-Quarter Earnings
PremiumCompany Announcements
New Jersey Resources: Strong Fiscal 2025 Start Amid Challenges
PremiumCompany Announcements
New Jersey Resources Reports Strong Q1 2025 Growth
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Bulls Say, Bears Say
Bulls Say
EarningsNJR's core regulated earnings are on track following the NJNG rate case conclusion.
Financial ManagementNJR's sale of its residential lease business simplifies its portfolio and captures a beneficial one-time gain, indicating strong financial management.
Growth PotentialThe reaffirmation of NJR's long-term growth rate target of 7-9% is a positive indicator for future performance.
Bears Say
Energy Services ContributionThere is a lower expected contribution from Energy Services, offsetting elevated NJNG expectations.
Non-Utility Earnings QualityNon-utility earnings growth is considered lower quality and may not significantly improve NJR's valuation.
Project DelaysDelays in NJR's CEV segment projects could hurt sentiment and threaten improved appreciation for NJR’s portfolio model.
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Ownership Overview
0.51% Insiders
20.57% Mutual Funds
5.39% Other Institutional Investors
39.11% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NJR FAQ
What was New Jersey Resources Corporation’s price range in the past 12 months?
New Jersey Resources Corporation lowest stock price was $40.62 and its highest was $51.95 in the past 12 months.
What is New Jersey Resources Corporation’s market cap?
New Jersey Resources Corporation’s market cap is $4.92B.
When is New Jersey Resources Corporation’s upcoming earnings report date?
New Jersey Resources Corporation’s upcoming earnings report date is May 01, 2025 which is in 28 days.
How were New Jersey Resources Corporation’s earnings last quarter?
New Jersey Resources Corporation released its earnings results on Feb 03, 2025. The company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.065 by $0.225.
Is New Jersey Resources Corporation overvalued?
According to Wall Street analysts New Jersey Resources Corporation’s price is currently Undervalued.
Does New Jersey Resources Corporation pay dividends?
New Jersey Resources Corporation pays a Quarterly dividend of $1.766 which represents an annual dividend yield of 3.55%. See more information on New Jersey Resources Corporation dividends here
What is New Jersey Resources Corporation’s EPS estimate?
New Jersey Resources Corporation’s EPS estimate is 1.58.
How many shares outstanding does New Jersey Resources Corporation have?
New Jersey Resources Corporation has 100,289,420 shares outstanding.
What happened to New Jersey Resources Corporation’s price movement after its last earnings report?
New Jersey Resources Corporation reported an EPS of $1.29 in its last earnings report, beating expectations of $1.065. Following the earnings report the stock price went down -3.254%.
Which hedge fund is a major shareholder of New Jersey Resources Corporation?
Currently, no hedge funds are holding shares in NJR
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New Jersey Resources Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$53.00 (6.94% Upside)
$53.00 (6.94% Upside)
Blogger Sentiment
Bullish
NJR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 18.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.5%
Last 30 Days ▲ 10.5%
Last 30 Days ▲ 10.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.58%
12-Months-Change
Fundamentals
Return on Equity
15.15%
Trailing 12-Months
Asset Growth
6.59%
Trailing 12-Months
Company Description
New Jersey Resources Corporation
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.
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NJR Company Deck
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NJR Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The call reflects a generally positive outlook with NJR starting Fiscal 2025 strongly, driven by strategic initiatives and financial growth. While there are some challenges, such as uncertainties in meeting EPS expectations and pending regulatory matters, the company's achievements in sustainability, financial performance, and growth initiatives create an optimistic sentiment.Read More>---
NJR Stock 12 Month Forecast
Average Price Target
$53.00
▲(6.94% Upside)
Technical Analysis
Best Analysts Covering NJR
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+6.81%
reiterated a buy rating 17 days ago
Copying Richard Sunderland's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +6.81% per trade.
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