NJR Stock Overview
An energy services holding company, distributes natural gas. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
US$50.71
FV
3.8% undervalued intrinsic discount10.09%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
Updated narrative
New Jersey Resources Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$48.79 |
| 52 Week High | US$48.85 |
| 52 Week Low | US$39.44 |
| Beta | 0.61 |
| 11 Month Change | 4.68% |
| 3 Month Change | 6.88% |
| 1 Year Change | 14.29% |
| 33 Year Change | 24.46% |
| 5 Year Change | 13.44% |
| Change since IPO | 3,214.04% |
Recent News & Updates
New Jersey Resources Corporation's (NYSE:NJR) Popularity With Investors Is Clear
Nov 04
New Jersey Resources: Still A Buy After Its Recent Dividend Hike
Oct 11Recent updates
New 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 26New Jersey Resources: A Compounder, But An Expensive One At This Time
Dec 13Does New Jersey Resources (NYSE:NJR) Deserve A Spot On Your Watchlist?
Dec 09News Flash: Analysts Just Made A Sizeable Upgrade To Their New Jersey Resources Corporation (NYSE:NJR) Forecasts
Nov 23Calculating The Intrinsic Value Of New Jersey Resources Corporation (NYSE:NJR)
Nov 17New Jersey Resources Q4 2022 Earnings Preview
Nov 16Shareholder Returns
| NJR | US Gas Utilities | US Market | |
|---|---|---|---|
| 7D | 2.2% | 1.4% | -1.0% |
| 1Y | 14.3% | 22.0% | 30.3% |
Return vs Industry: NJR underperformed the US Gas Utilities industry which returned 24.3% over the past year.
Return vs Market: NJR underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| NJR volatility | |
|---|---|
| NJR Average Weekly Movement | 2.1% |
| Gas Utilities Industry Average Movement | 2.9% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 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 (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 1,350 | 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 approximately 576,000 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$4.83b |
| Earnings (TTM) | US$235.67m |
| Revenue (TTM) | US$1.73b |
20.5x
P/E Ratio2.8x
P/S RatioIs NJR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NJR income statement (TTM) | |
|---|---|
| Revenue | US$1.73b |
| Cost of Revenue | US$1.12b |
| Gross Profit | US$607.63m |
| Other Expenses | US$371.96m |
| Earnings | US$235.67m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 25, 2024
| Earnings per share (EPS) | 2.38 |
| Gross Margin | 35.08% |
| Net Profit Margin | 13.61% |
| Debt/Equity Ratio | 150.3% |
How did NJR perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield70%
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 | 42 days |
Does NJR pay a reliable dividends?
See NJR dividend history and benchmarks