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New Jersey Resources Corporation (NJR)
NYSE:NJR
New Jersey Resources (NJR) Stock Price & Analysis
363 Followers
NJR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$37.81 - $45.81
Previous Close$42.52
Volume405.56K
Average Volume (3M)502.93K
Market Cap
$4.20B
Enterprise Value$7.42B
Total Cash (Recent Filing)$5.04M
Total Debt (Recent Filing)$3.23B
Price to Earnings (P/E)16.9
Beta0.51
Next Earnings
Aug 06, 2024EPS Estimate
-$0.01Last Dividend Ex-Date
Jun 12, 2024Dividend Yield3.86%
Share Statistics
EPS (TTM)2.52
Shares Outstanding98,822,278
10 Day Avg. Volume531,265
30 Day Avg. Volume502,932
Standard Deviation0.06
R-Squared0.25
Alpha-0.00443
Financial Highlights & Ratios
Price to Book (P/B)1.92
Price to Sales (P/S)2.12
Price to Cash Flow (P/CF)3.60
P/FCF Ratio4.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.65
Enterprise Value/Gross Profit12.16
Enterprise Value/Ebitda7.58
Forecast
1Y Price Target
$46.00Price Target Upside7.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
New Jersey Resources News
PremiumCompany Announcements
New Jersey Resources Corporation Hosts Informative Webcast
PremiumCompany Announcements
New Jersey Resources Corporation Hosts Strategic Webcast Presentation
Bulls Say, Bears Say
Bulls Say
Financial TargetsContinued execution and successful realization of financial targets could elevate NJR's profile.
Non-Regulated BusinessesNJR has gotten help from its non-regulated businesses, which have allowed it to reduce impacts to its utility business.
Rate IncreaseNJNG should be able to introduce new rates prior to the winter heating season.
Bears Say
Financial PerformanceCertain rate cases have been decided in the current inflationary backdrop that make it difficult to see upside to 9.6% ROE.
Project PipelineNJR may need to address the magnitude of its project pipeline in New Jersey due to CEV's limited involvement in the latest CSI solicitation progress.
Regulatory ChallengesNJNG's pro forma adjustments to test-year operating income are likely to be disallowed.
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Ownership Overview
1.88% Insiders
20.94% Mutual Funds
34.38% Other Institutional Investors
42.81% 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 $37.80 and its highest was $45.81 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 Aug 06, 2024 which is in 34 days.
How were New Jersey Resources Corporation’s earnings last quarter?
New Jersey Resources Corporation released its earnings results on May 07, 2024. The company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.253 by $0.157.
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 $0.42 which represents an annual dividend yield of 3.86%. 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 -$0.01.
How many shares outstanding does New Jersey Resources Corporation have?
New Jersey Resources Corporation has 98,822,280 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 $1.41 in its last earnings report, beating expectations of $1.253. Following the earnings report the stock price went up 0.226%.
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 1M.
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New Jersey Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$46.00 (7.78% Upside)
$46.00 (7.78% Upside)
Blogger Sentiment
Bullish
NJR Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 41.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $350.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.2%
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
-6.34%
12-Months-Change
Fundamentals
Return on Equity
11.90%
Trailing 12-Months
Asset Growth
5.58%
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
Q2 2024
0:00 / 0:00
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NJR Stock 12 Month Forecast
Average Price Target
$46.00
▲(7.78% Upside)
Technical Analysis
Best Analysts Covering NJR
1 Year
1 Year Success Rate
1/2 ratings generated profit
1 Year Average Return
+9.50%
reiterated a buy rating 26 days ago
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