NewJersey Resources (NJR) Stock Price, News & Analysis

Company Overview

New Jersey Resources Corporation is a publicly traded energy services holding company headquartered in Wall Township, New Jersey. The firm’s primary focus is on the safe and reliable distribution of natural gas, along with complementary energy services and renewable energy investments. Its operations center on delivering cost-effective solutions to residential, commercial and industrial customers throughout the state.

The company’s principal subsidiary, New Jersey Natural Gas, owns and operates an extensive pipeline network that spans northern, central and southern New Jersey. Through this regulated utility, New Jersey Resources provides core delivery services such as system maintenance, safety monitoring and customer support. The utility’s integrated infrastructure supports both firm delivery obligations and peaking services during periods of high demand.

In addition to gas distribution, New Jersey Resources Energy Services offers wholesale marketing, energy management and liquefied natural gas (LNG) supply capabilities. This non-regulated arm develops customized energy solutions for large end users, trading counterparties and infrastructure partners. The company also pursues renewable energy projects—primarily in solar generation—as part of its strategy to diversify the energy mix and support state clean-energy goals.

Founded in 1952, New Jersey Resources has grown from a single‐state gas utility to a diversified energy platform. Its leadership team and board of directors prioritize safety, operational excellence and community engagement, maintaining a long-standing commitment to economic development and environmental stewardship across New Jersey.

Key Stats

• Today's Range: $47.07 to $47.52
• 50-Day Range: $44.38 to $47.88
• 52-Week Range: $43.80 to $51.94
• Volume: 566,461 shs
• Average Volume: 575,530 shs
• Market Capitalization: $4.74 billion
• P/E Ratio: 11.55
• Dividend Yield: 3.81%
• Price Target: $51.43
• Consensus Rating: Hold

NewJersey Resources Stock Analysis - MarketRank™

NewJersey Resources scored higher than 62% of companies evaluated by MarketBeat, and ranked 67th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

NewJersey Resources has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

NewJersey Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -0.95%

Earnings Growth

Earnings for NewJersey Resources are expected to decrease by -0.95% in the coming year, from $3.15 to $3.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NewJersey Resources is 11.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of NewJersey Resources is 11.55, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 51.09.

Price to Book Value per Share Ratio

NewJersey Resources has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.32% of the outstanding shares of NewJersey Resources have been sold short.

Short Interest Ratio / Days to Cover

NewJersey Resources has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NewJersey Resources has recently increased by 4.48%, indicating that investor sentiment is decreasing.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

NewJersey Resources is a leading dividend payer. It pays a dividend yield of 3.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

NewJersey Resources has been increasing its dividend for 29 years.

Dividend Coverage

The dividend payout ratio of NewJersey Resources is 44.01%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NewJersey Resources will have a dividend payout ratio of 57.69% next year. This indicates that NewJersey Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.32% of the outstanding shares of NewJersey Resources have been sold short.

Short Interest Ratio / Days to Cover

NewJersey Resources has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NewJersey Resources has recently increased by 4.48%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.36

News Sentiment

NewJersey Resources has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for NewJersey Resources this week, compared to 7 articles on an average week.

Search Interest

4 people have searched for NJR on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added NewJersey Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, NewJersey Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $66,330.00 in company stock.

Percentage Held by Insiders

Only 0.72% of the stock of NewJersey Resources is held by insiders.

Percentage Held by Institutions

70.98% of the stock of NewJersey Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NJR Stock Analysis - Frequently Asked Questions

How have NJR shares performed this year?

NewJersey Resources' stock was trading at $46.65 at the beginning of the year. Since then, NJR stock has increased by 1.2% and is now trading at $47.23.

How were NewJersey Resources' earnings last quarter?

NewJersey Resources Corporation (NYSE:NJR) released its earnings results on Monday, August, 4th. The utilities provider reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.12. The business's revenue for the quarter was up 8.5% compared to the same quarter last year.
Read the conference call transcript.

When did NewJersey Resources' stock split?

Shares of NewJersey Resources split before market open on Wednesday, March 4th 2015.The 2-1 split was announced on Wednesday, January 21st 2015. The newly created shares were payable to shareholders after the closing bell on Tuesday, March 3rd 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are NewJersey Resources' major shareholders?

Top institutional shareholders of NewJersey Resources include State Street Corp (5.13%), Geode Capital Management LLC (2.54%), Norges Bank (1.17%) and Bank of New York Mellon Corp (1.14%). Insiders that own company stock include Stephen D Westhoven, Patrick J Migliaccio, Jane M Kenny and Roberto Bel.
View institutional ownership trends.

How do I buy shares of NewJersey Resources?

Shares of NJR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NewJersey Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NewJersey Resources investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Record date for 7/1 Dividend: 6/10/2025
• Ex-Dividend for 7/1 Dividend: 6/10/2025
• Dividend Payable: 7/01/2025
• Last Earnings: 8/04/2025
• Today: 9/02/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: UTIL - GAS DISTR
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:NJR
• CIK: 356309
• Web: www.njresources.com
• Phone: (732) 938-1000
• Fax: 732-938-3154
• Employees: 1,372
• Year Founded: 1996

Price Target and Rating

• Average Price Target for NewJersey Resources: $51.43
• High Price Target: $54.00
• Low Price Target: $50.00
• Potential Upside/Downside: +8.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.09
• Trailing P/E Ratio: 11.55
• Forward P/E Ratio: 14.99
• P/E Growth: N/A
• Net Income: $289.77 million
• Net Margins: 19.64%
• Pretax Margin: 25.30%
• Return on Equity: 17.08%
• Return on Assets: 5.60%

Debt

• Debt-to-Equity Ratio: 1.25
• Current Ratio: 0.76
• Quick Ratio: 0.48

Sales & Book Value

• Annual Sales: $1.80 billion
• Price / Sales: 2.64
• Cash Flow: $4.61 per share
• Price / Cash Flow: 10.25
• Book Value: $24.13 per share
• Price / Book: 1.96

Miscellaneous

• Outstanding Shares: 100,450,000
• Free Float: 99,728,000
• Market Cap: $4.74 billion
• Optionable: Optionable
• Beta: 0.67