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New Jersey Resources Corporation (NJR)
NYSE:NJR
Holding NJR?
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NJR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$39.44 - $51.95
Previous CloseN/A
Volume83.89K
Average Volume (3M)540.64K
Market Cap
$4.68B
Enterprise Value$8.23B
Total Cash (Recent Filing)$2.23M
Total Debt (Recent Filing)$997.08M
Price to Earnings (P/E)16.1
Beta0.46
Next Earnings
Feb 03, 2025EPS Estimate
1.07Next Dividend Ex-Date
Mar 11, 2025Dividend Yield3.71%
Share Statistics
EPS (TTM)2.92
Shares Outstanding99,769,080
10 Day Avg. Volume555,615
30 Day Avg. Volume540,645
Standard Deviation0.07
R-Squared0.25
Alpha-0.00142
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.60
Price to Cash Flow (P/CF)18.10
P/FCF Ratio18.10
Enterprise Value/Market Cap1.76
Enterprise Value/Revenue4.58
Enterprise Value/Gross Profit4.58
Enterprise Value/Ebitda9.19
Forecast
1Y Price Target
$52.25Price Target Upside9.10% Upside
Rating ConsensusHold
Number of Analyst Covering4
New Jersey Resources News
PremiumCompany Announcements
New Jersey Resources Reports Strong Fiscal 2024 Results
PremiumCompany Announcements
New Jersey Resources Boosts Finances with Solar Sale
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceEarnings at the NJNG segment, which is considered the highest quality in NJR's diversified portfolio, exceeded estimates.
Financial SimplificationNJR's sale of its residential lease business simplifies its portfolio and captures a beneficial one-time gain, indicating strong financial management.
Regulatory ApprovalApproval of NJNG's expanded SAVEGREEN program indicates regulatory support for NJR's investment in state climate goals.
Bears Say
Earnings ContributionThere is a lower expected contribution from Energy Services, offsetting elevated NJNG expectations.
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
0.50% Insiders
20.78% Mutual Funds
0.78% Other Institutional Investors
43.68% 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 $39.44 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 $4.68B.
When is New Jersey Resources Corporation’s upcoming earnings report date?
New Jersey Resources Corporation’s upcoming earnings report date is Feb 03, 2025 which is in 2 days.
How were New Jersey Resources Corporation’s earnings last quarter?
New Jersey Resources Corporation released its earnings results on Nov 25, 2024. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.876 by $0.014.
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 $1.736 which represents an annual dividend yield of 3.71%. 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 1.07.
How many shares outstanding does New Jersey Resources Corporation have?
New Jersey Resources Corporation has 99,769,080 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 $0.89 in its last earnings report, beating expectations of $0.876. Following the earnings report the stock price went down -1.529%.
Which hedge fund is a major shareholder of New Jersey Resources Corporation?
Among the largest hedge funds holding New Jersey Resources Corporation’s share is Graham Capital Management, L.P.. It holds New Jersey Resources Corporation’s shares valued at 0.
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New Jersey Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$52.25 (9.10% Upside)
$52.25 (9.10% Upside)
Blogger Sentiment
Bullish
NJR Sentiment 100%
Sector Average 75%
Sector Average 75%
Hedge Fund Trend
Decreased
By 52.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.3%
Last 30 Days ▲ 5.8%
Last 30 Days ▲ 5.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.80%
12-Months-Change
Fundamentals
Return on Equity
13.83%
Trailing 12-Months
Asset Growth
6.79%
Trailing 12-Months
Company Description
New Jersey Resources Corporation
New Jersey Resources Corp. is a holding company. The firm provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. It operates through the following segments: New Jersey Natural Gas, NJR Clean Energy Ventures, NJR Energy Services, NJR Midstream, and NJR Home Services. The New Jersey Natural Gas segment provides regulated retail natural gas service to residential and commercial customers in central and northern New Jersey. The NJR Clean Energy Ventures segment invests in, owns and operates solar projects. The NJR Energy Services segment manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services in the U.S. and Canada. The NJR Midstream segment serves customers from local distributors and producers to electric generators and wholesale marketers. The NJR Home Services segment provides heating, ventilation and cooling service, sales and installation of appliances services to its customers, as well as solar installation projects, and is the primary contributor to home services. The company was founded in 1981 and is headquartered in Wall, NJ.
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NJR Company Deck
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NJR Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call was largely positive, showcasing strong financial performance, successful regulatory outcomes, and strategic focus on clean energy growth. However, some uncertainties remain around guidance variability and potential dilution effects.Read More>---
NJR Stock 12 Month Forecast
Average Price Target
$52.25
▲(9.10% Upside)
Technical Analysis
Best Analysts Covering NJR
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+6.37%
reiterated a buy rating 5 days ago
Copying Richard Sunderland's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +6.37% per trade.
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