NewJersey Resources (NJR) Stock Price, News & Analysis

Company Overview

New Jersey Resources Corporation (NYSE: NJR) is an energy services holding company headquartered in Wall, New Jersey. Through its subsidiaries, the company provides natural gas distribution, transportation, storage, wholesale marketing, and related energy services, with operations focused primarily on New Jersey and the broader Mid-Atlantic region.

NJR’s principal utility subsidiary, New Jersey Natural Gas, delivers natural gas to residential, commercial, and industrial customers across much of New Jersey. The company also operates businesses involved in natural gas storage and transportation, wholesale energy marketing, and renewable energy development, including solar and other clean-energy projects. Its service offerings have included energy efficiency, home services, and solutions designed to support customers’ energy needs.

New Jersey Resources traces its history to the development of New Jersey’s natural gas industry and has expanded from a regulated gas utility into a diversified energy company. Steve Westhoven serves as president and chief executive officer. Through its utility and energy businesses, NJR supports customers and energy markets in New Jersey and surrounding areas.

Key Stats

• Today's Range: $50.64 to $51.48
• 50-Day Range: $50.44 to $59.82
• 52-Week Range: $43.46 to $60.86
• Volume: 1.14 million shs
• Average Volume: 752,455 shs
• Market Capitalization: $5.16 billion
• P/E Ratio: 14.06
• Dividend Yield: 3.93%
• Price Target: $61.50
• Consensus Rating: Buy

NewJersey Resources Stock Analysis - MarketRank™

NewJersey Resources scored higher than 91% of companies evaluated by MarketBeat, and ranked 32nd out of 96 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: 4.0 / 5
• Analyst Rating: Buy

Consensus Rating

NewJersey Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 5 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

NewJersey Resources has a consensus price target of $61.50, representing about 20.9% upside from its current price of $50.88.

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: -4.18%

Earnings Growth

Earnings for NewJersey Resources are expected to decrease by -4.18% in the coming year, from $3.59 to $3.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NewJersey Resources is 14.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of NewJersey Resources is 14.06, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.01.

Price to Earnings Growth Ratio

NewJersey Resources has a PEG Ratio of 3.00. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NewJersey Resources has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.03% 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 7.31.

Change versus previous month

Short interest in NewJersey Resources has recently increased by 12.06%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

NewJersey Resources is a leading dividend payer. It pays a dividend yield of 3.88%, 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 55.25%. 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 58.14% next year. This indicates that NewJersey Resources will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.85

News Sentiment

NewJersey Resources has a news sentiment score of 0.85. 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 0.53 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for NewJersey Resources this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for NJR on MarketBeat in the last 30 days. This is a decrease of 0% 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 -67% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 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 $166,890.00 in company stock.

Percentage Held by Insiders

0.70% 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.

Company Calendar

• Last Earnings: 8/03/2026
• Record date for 10/1 Dividend: 9/24/2026
• Ex-Dividend for 10/1 Dividend: 9/24/2026
• Dividend Payable: 10/01/2026
• Today: 10/05/2026
• Next Earnings (Estimated): 11/18/2026
• Fiscal Year End: 9/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Gas Utilities
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:NJR
• CIK: 356309
• Web: www.njresources.com
• Phone: (732) 938-1000
• Fax: 732-938-3154
• Employees: 1,376
• Year Founded: 1996

Price Target and Rating

• Average Price Target for NewJersey Resources: $61.50
• High Price Target: $68.00
• Low Price Target: $53.00
• Potential Upside/Downside: +20.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.62
• Trailing P/E Ratio: 14.06
• Forward P/E Ratio: 14.17
• P/E Growth: 3
• Net Income: $335.63 million
• Net Margins: 16.42%
• Pretax Margin: 20.87%
• Return on Equity: 14.46%
• Return on Assets: 4.67%

Debt

• Debt-to-Equity Ratio: 1.21
• Current Ratio: 0.66
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: $2.04 billion
• Price / Sales: 2.54
• Cash Flow: $5.09 per share
• Price / Cash Flow: 10.00
• Book Value: $23.81 per share
• Price / Book: 2.14

Miscellaneous

• Outstanding Shares: 101,470,000
• Free Float: 100,758,000
• Market Cap: $5.16 billion
• Optionable: Optionable
• Beta: 0.48