- Previous Close
49.06 - Open
49.03 - Bid 48.32 x 800
- Ask 50.80 x 900
- Day's Range
48.48 - 49.17 - 52 Week Range
40.62 - 51.95 - Volume
904,287 - Avg. Volume
607,608 - Market Cap (intraday)
4.925B - Beta (5Y Monthly) 0.59
- PE Ratio (TTM)
14.79 - EPS (TTM)
3.32 - Earnings Date May 5, 2025 - May 9, 2025
- Forward Dividend & Yield 1.80 (3.67%)
- Ex-Dividend Date Mar 11, 2025
- 1y Target Est
53.75
New Jersey Resources Corporation, an energy services holding company, distributes natural gas. 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 residential and commercial customers in 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 clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; solar equipment installation, and plumbing repair and installation services, as well as holds commercial real estate properties. The company was founded in 1922 and is headquartered in Wall, New Jersey.
www.njresources.com1,372
Full Time Employees
September 30
Fiscal Year Ends
Sector
Industry
Recent News: NJR
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Performance Overview: NJR
Trailing total returns as of 4/1/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: NJR
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Statistics: NJR
View MoreValuation Measures
Market Cap
4.92B
Enterprise Value
8.50B
Trailing P/E
14.78
Forward P/E
15.82
PEG Ratio (5yr expected)
1.95
Price/Sales (ttm)
2.69
Price/Book (mrq)
2.13
Enterprise Value/Revenue
4.68
Enterprise Value/EBITDA
11.64
Financial Highlights
Profitability and Income Statement
Profit Margin
18.25%
Return on Assets (ttm)
4.10%
Return on Equity (ttm)
15.15%
Revenue (ttm)
1.82B
Net Income Avi to Common (ttm)
331.68M
Diluted EPS (ttm)
3.32
Balance Sheet and Cash Flow
Total Cash (mrq)
--
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
-306.64M
Research Analysis: NJR
View MoreResearch Reports: NJR
View MoreMorningstar | A Weekly Summary of Stock Ideas and Developments in the Companies We Cover
In this edition, US utilities are slowly regaining their luster; Germany's auto industry is slowing down; China is building up home demand; and Elekta, Auckland International Airport, and Yum China.
Income opportunity
New Jersey Resources is an energy infrastructure company that provides retail and wholesale energy services to customers in New Jersey and other states, from the Gulf Coast to New England, as well as in Canada. The company is located in Wall, NJ and has about 1,400 employees.
RatingPrice TargetDespite volatile headlines, price action has tightened up since mid-January.
Despite volatile headlines, price action has tightened up since mid-January. For the S&P 500 (SPX), price is sitting in the top half of a range going back to early November. While certainly not textbook or picture perfect, the index could be tracing out a complex and non-typical bullish cup-with-handle formation. To complete the pattern, a strong break above the all-time closing high of 6,119 is needed -- preferably with some immediate follow-through action. The current trading range is about 355 points wide, so a breakout could open the door for an initial measured move to the 6,300 area and possibly higher. Since mid-January, the price range for the SPX has constricted to about 200 points and some of the short- to intermediate-term moving averages have started to tighten. Price at the top of a range along with slim volatility often is a bullish sign that an index or individual stock is setting up for a breakout move. The SPX also is in a favorable spot based on price channels and volatility bands. On the daily chart, price lies between the middle and upper Bollinger Bands and is in the same spot regarding the 20-day price channels. On the weekly chart, the SPX has been trending between the middle and upper weekly Bollinger Bands and between the middle and upper 20-week price channels on a closing basis since November 2023. The QQQ has seen less strength, trading between the weekly Bollinger Bands and weekly price channels since early September.
New Jersey Resources Earnings: Core Utility Investments Support Growth Plan
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
RatingPrice Target