NYSE:NJRGas Utilities
How Analyst Sentiment and Elevated Dividend Yield At New Jersey Resources (NJR) Has Changed Its Investment Story
Earlier this year, New Jersey Resources reported that it was outperforming many utilities peers, supported by a favorable Zacks Rank and an improved earnings outlook, while continuing to distribute natural gas and invest in clean energy and infrastructure projects.
At the same time, the company’s dividend yield, running above the Utility - Gas Distribution industry average and growing steadily over several years, has reinforced investor interest in its income profile.
Next, we’ll examine how...