NewJersey Resources (NJR) Stock Price, News & Analysis

Company Overview

New Jersey Resources Corporation (NYSE:NJR) is a publicly traded energy services holding company headquartered in Wall Township, New Jersey. Through its principal subsidiary, New Jersey Natural Gas, the company provides safe and reliable natural gas distribution to residential, commercial and industrial customers across more than 100 municipalities in central and northern New Jersey. With roots dating back to the mid-20th century, New Jersey Resources has evolved alongside the state’s shifting energy landscape to deliver essential services to both suburban communities and densely populated urban markets.

Beyond its core regulated utility operations, New Jersey Resources is actively engaged in the development and delivery of clean energy solutions through its NJR Clean Energy division. This arm of the business focuses on renewable natural gas (RNG) procurement and development, solar energy projects, electric vehicle charging infrastructure and energy-efficiency programs. By leveraging its experience in gas distribution, the company seeks to integrate lower-emission fuels and technologies for customers looking to reduce their environmental footprint.

In addition to its domestic activities, the company’s NUI International business unit pursues opportunities in global energy markets, including liquefied natural gas (LNG) trading and the operation of LNG regasification terminals. Complementing these efforts is New Jersey Resources Infrastructure, which provides operations, maintenance and construction services for natural gas and energy facilities. Together, these segments enable the company to offer a comprehensive suite of energy infrastructure and service solutions.

Leadership at New Jersey Resources is spearheaded by President and Chief Executive Officer Kevin J. Boone, who has overseen the company’s strategic growth initiatives since 2016. Under his direction, the company has prioritized investments in infrastructure modernization, sustainable energy ventures and operational excellence. With a focus on long-term reliability and environmental stewardship, New Jersey Resources continues to balance regulated utility service with innovative energy offerings across its diverse geographic footprint.

Key Stats

• Today's Range: $45.13 to $45.45
• 50-Day Range: $44.16 to $49.50
• 52-Week Range: $41.68 to $51.95
• Volume: 264,628 shs
• Average Volume: 549,134 shs
• Market Capitalization: $4.55 billion
• P/E Ratio: 11.01
• Dividend Yield: 3.97%
• Price Target: $51.29
• Consensus Rating: Hold

NewJersey Resources Stock Analysis - MarketRank™

NewJersey Resources scored higher than 81% of companies evaluated by MarketBeat, and ranked 97th out of 294 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: 2.2 / 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 4 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 11.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of NewJersey Resources is 11.01, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 20.45.

Price to Book Value per Share Ratio

NewJersey Resources has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.32% of the float of NewJersey Resources has been sold short.

Short Interest Ratio / Days to Cover

NewJersey Resources has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NewJersey Resources has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

NewJersey Resources is a leading dividend payer. It pays a dividend yield of 3.97%, 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 43.69%. 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 float of NewJersey Resources has been sold short.

Short Interest Ratio / Days to Cover

NewJersey Resources has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NewJersey Resources has recently decreased by 5.71%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

NewJersey Resources has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for NewJersey Resources this week, compared to 6 articles on an average week.

Search Interest

5 people have searched for NJR on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

3 people have added NewJersey Resources to their MarketBeat watchlist in the last 30 days. This is an increase 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 decreased by 2.7% and is now trading at $45.38.

How were NewJersey Resources' earnings last quarter?

NewJersey Resources Corporation (NYSE:NJR) announced its quarterly earnings results on Monday, May, 5th. The utilities provider reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.11. The business's revenue for the quarter was up 38.8% on a year-over-year basis.
Read the conference call transcript.

When did NewJersey Resources' stock split?

NewJersey Resources's stock split before market open on Wednesday, March 4th 2015.The 2-1 split was announced on Wednesday, January 21st 2015. The newly issued 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?

NewJersey Resources' top institutional investors include Confluence Investment Management LLC (0.43%). 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

• Last Earnings: 5/05/2025
• Record date for 7/1 Dividend: 6/10/2025
• Ex-Dividend for 7/1 Dividend: 6/10/2025
• Dividend Payable: 7/01/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 8/05/2025
• 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: N/A

Price Target and Rating

• Average Stock Price Target: $51.29
• High Stock Price Target: $54.00
• Low Stock Price Target: $49.00
• Potential Upside/Downside: +13.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.12
• Trailing P/E Ratio: 11.01
• Forward P/E Ratio: 14.41
• P/E Growth: N/A
• Net Income: $289.77 million
• Net Margins: 20.03%
• Pretax Margin: 25.88%
• Return on Equity: 16.95%
• Return on Assets: 5.48%

Debt

• Debt-to-Equity Ratio: 1.20
• Current Ratio: 0.93
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $2.07 billion
• Price / Sales: 2.20
• Cash Flow: $4.64 per share
• Price / Cash Flow: 9.77
• Book Value: $22.19 per share
• Price / Book: 2.05

Miscellaneous

• Outstanding Shares: 100,372,000
• Free Float: 99,649,000
• Market Cap: $4.55 billion
• Optionable: Optionable
• Beta: 0.61