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New Jersey Resources Corporation (NJR)
NYSE:NJR
Holding NJR?
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NJR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.44 - $51.95
Previous Close$47.55
Volume616.10K
Average Volume (3M)465.77K
Market Cap
$4.74B
Enterprise Value$8.27B
Total Cash (Recent Filing)$1.02M
Total Debt (Recent Filing)$3.52B
Price to Earnings (P/E)16.3
Beta0.44
Next Earnings
Feb 05, 2025EPS Estimate
$1.05Last Dividend Ex-Date
Dec 11, 2024Dividend Yield3.6%
Share Statistics
EPS (TTM)2.92
Shares Outstanding99,769,083
10 Day Avg. Volume500,188
30 Day Avg. Volume465,769
Standard Deviation0.07
R-Squared0.25
Alpha0.00052
Financial Highlights & Ratios
Price to Book (P/B)2.15
Price to Sales (P/S)2.64
Price to Cash Flow (P/CF)18.40
P/FCF Ratio18.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.60
Enterprise Value/Gross Profit4.60
Enterprise Value/Ebitda9.24
Forecast
1Y Price Target
$52.33Price Target Upside9.78% Upside
Rating ConsensusHold
Number of Analyst Covering4
New Jersey Resources News
PremiumCompany Announcements
New Jersey Resources Reports Strong Fiscal 2024 ResultsBulls Say, Bears Say
Bulls Say
EarningsEarnings at the NJNG segment, which is considered the highest quality in NJR's diversified portfolio, exceeded estimates.
Growth ProspectsThere is reason to believe NJR's long-term earnings growth guidance could reach the higher end of its target range.
Strategic FocusNJR's CEV business will focus on commercial customers following the announced sale of the residential solar business, enhancing the company's strategic focus.
Bears Say
EarningsNon-utility earnings growth is considered lower quality and may not significantly improve NJR's valuation.
Financial PerformanceA lower expected contribution from Energy Services offsets elevated NJNG expectations.
Stock RatingThe analyst maintains a Neutral rating due to the belief that NJR's growth prospects are fairly valued, despite raising the price target.
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Ownership Overview
0.49% Insiders
20.83% Mutual Funds
5.32% Other Institutional Investors
38.80% 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?
Currently, no data Available
When is New Jersey Resources Corporation’s upcoming earnings report date?
New Jersey Resources Corporation’s upcoming earnings report date is Feb 05, 2025 which is in 46 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 $0.449 which represents an annual dividend yield of 3.6%. 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 $1.05.
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 N/A.
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New Jersey Resources Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$52.33 (9.78% Upside)
$52.33 (9.78% Upside)
Blogger Sentiment
Bullish
NJR Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 52.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.71%
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
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NJR Stock 12 Month Forecast
Average Price Target
$52.33
▲(9.78% Upside)
Technical Analysis
Best Analysts Covering NJR
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+7.17%
upgraded a buy rating 10 days ago
Copying Richard Sunderland's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +7.17% per trade.
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