NJR Stock Overview
An energy services holding company, distributes natural gas. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
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New Jersey Resources Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$46.53 |
| 52 Week High | US$51.95 |
| 52 Week Low | US$39.44 |
| Beta | 0.64 |
| 1 Month Change | -9.79% |
| 3 Month Change | -0.70% |
| 1 Year Change | 4.37% |
| 3 Year Change | 13.85% |
| 5 Year Change | 6.52% |
| Change since IPO | 3,060.53% |
Recent News & Updates
New Jersey Resources Corporation's (NYSE:NJR) Intrinsic Value Is Potentially 30% Above Its Share Price
Dec 25
New Jersey Resources' (NYSE:NJR) Dividend Will Be $0.45
Dec 10New Jersey Resources Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Nov 29Recent updates
New Jersey Resources Corporation's (NYSE:NJR) Intrinsic Value Is Potentially 30% Above Its Share Price
Dec 25New Jersey Resources' (NYSE:NJR) Dividend Will Be $0.45
Dec 10New Jersey Resources Corporation Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Nov 29New Jersey Resources (NYSE:NJR) Will Pay A Dividend Of $0.45
Nov 26New Jersey Resources Corporation's (NYSE:NJR) Popularity With Investors Is Clear
Nov 04New Jersey Resources: Still A Buy After Its Recent Dividend Hike
Oct 11Returns Are Gaining Momentum At New Jersey Resources (NYSE:NJR)
Sep 11Is New Jersey Resources (NYSE:NJR) Using Too Much Debt?
Aug 25Estimating The Intrinsic Value Of New Jersey Resources Corporation (NYSE:NJR)
Jul 29Getting In Cheap On New Jersey Resources Corporation (NYSE:NJR) Is Unlikely
Jul 15New Jersey Resources: This Dividend Champion Looks Like A Buy Right Now
Jul 10Returns On Capital Are Showing Encouraging Signs At New Jersey Resources (NYSE:NJR)
May 28New Jersey Resources Corporation Just Recorded A 7.5% EPS Beat: Here's What Analysts Are Forecasting Next
May 10Estimating The Intrinsic Value Of New Jersey Resources Corporation (NYSE:NJR)
Apr 26Investors Interested In New Jersey Resources Corporation's (NYSE:NJR) Earnings
Apr 11New Jersey Resources (NYSE:NJR) Has No Shortage Of Debt
Mar 26New Jersey Resources Corporation: Fantastic Dividend Payer Likely To Stay That Way
Feb 15Results: New Jersey Resources Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 09Broker Revenue Forecasts For New Jersey Resources Corporation (NYSE:NJR) Are Surging Higher
Jan 25Return Trends At New Jersey Resources (NYSE:NJR) Aren't Appealing
Dec 24New Jersey Resources: Waiting For That Valuation "HOLD"
Nov 03Is New Jersey Resources (NYSE:NJR) A Risky Investment?
Oct 10A Look At The Intrinsic Value Of New Jersey Resources Corporation (NYSE:NJR)
Sep 27New Jersey Resources (NYSE:NJR) Is Increasing Its Dividend To $0.42
Sep 12New Jersey Resources (NYSE:NJR) Is Paying Out A Dividend Of $0.39
Aug 29New Jersey Resources Corporation: Solid Business But Pricey
Aug 23New Jersey Resources: Rate Base Expansion Key To Sustained Dividend
Aug 16New Jersey Resources (NYSE:NJR) Has Affirmed Its Dividend Of $0.39
Aug 13If EPS Growth Is Important To You, New Jersey Resources (NYSE:NJR) Presents An Opportunity
Jul 29We Think New Jersey Resources (NYSE:NJR) Is Taking Some Risk With Its Debt
Jun 27New Jersey Resources Corporation's (NYSE:NJR) Intrinsic Value Is Potentially 25% Below Its Share Price
Jun 14New Jersey Resources (NYSE:NJR) Hasn't Managed To Accelerate Its Returns
May 31New Jersey Resources: Distribution Growth Creating Margin Expansion
May 29Here's Why New Jersey Resources (NYSE:NJR) Has Caught The Eye Of Investors
Apr 12New Jersey Resources (NYSE:NJR) Takes On Some Risk With Its Use Of Debt
Mar 29New Jersey Resources (NYSE:NJR) Is Looking To Continue Growing Its Returns On Capital
Feb 13New Jersey Resources Q1 2023 Earnings Preview
Feb 01New Jersey Resources declares $0.39 dividend
Jan 25Is New Jersey Resources (NYSE:NJR) Using Too Much Debt?
Dec 26Shareholder Returns
| NJR | US Gas Utilities | US Market | |
|---|---|---|---|
| 7D | 0.3% | 0.6% | 0.6% |
| 1Y | 4.4% | 11.6% | 23.7% |
Return vs Industry: NJR underperformed the US Gas Utilities industry which returned 11.6% over the past year.
Return vs Market: NJR underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| NJR volatility | |
|---|---|
| NJR Average Weekly Movement | 2.7% |
| Gas Utilities Industry Average Movement | 3.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NJR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NJR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1922 | 1,372 | Steve Westhoven | www.njresources.com |
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.
New Jersey Resources Corporation Fundamentals Summary
| NJR fundamental statistics | |
|---|---|
| Market cap | US$4.64b |
| Earnings (TTM) | US$289.78m |
| Revenue (TTM) | US$1.80b |
16.0x
P/E Ratio2.6x
P/S RatioIs NJR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NJR income statement (TTM) | |
|---|---|
| Revenue | US$1.80b |
| Cost of Revenue | US$1.10b |
| Gross Profit | US$696.47m |
| Other Expenses | US$406.69m |
| Earnings | US$289.78m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.90 |
| Gross Margin | 38.77% |
| Net Profit Margin | 16.13% |
| Debt/Equity Ratio | 151.6% |
How did NJR perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield58%
Payout RatioDoes NJR pay a reliable dividends?
See NJR dividend history and benchmarks| New Jersey Resources dividend dates | |
|---|---|
| Ex Dividend Date | Dec 11 2024 |
| Dividend Pay Date | Jan 02 2025 |
| Days until Ex dividend | 20 days |
| Days until Dividend pay date | 2 days |
Does NJR pay a reliable dividends?
See NJR dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:01 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
New Jersey Resources Corporation is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Hovis | Argus Research Company |
| Jim Harmon | Barclays |
| Richard Gross | Barclays |