NewJersey Resources (NJR) to Release Earnings on Monday

Key Points

• Q2 2026 earnings are scheduled after the market close on Monday, May 4 (earnings call May 5 at 10:00 AM ET); analysts expect $1.74 EPS and $840.95 million in revenue, and NJR has set FY2026 guidance at 3.280–3.43 EPS.
• In the prior quarter NJR beat estimates with $1.17 EPS versus $0.95 expected and $604.85 million in revenue (up 23.8% year-over-year); analysts average roughly $3 EPS for the current and next fiscal year.
• The company announced a quarterly dividend of $0.475 per share (annualized $1.90, yield 3.4%; ex-dividend June 10, payable July 1), while insiders including the SVP and CFO recently sold shares, modestly reducing their ownership.

NewJersey Resources (NYSE:NJR - Get Free Report) is projected to announce its Q2 2026 results after the market closes on Monday, May 4th. Analysts expect the company to announce earnings of $1.74 per share and revenue of $840.95 million for the quarter. NewJersey Resources has set its FY 2026 guidance at 3.280-3.43 EPS. Investors may visit the the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, May 5, 2026 at 10:00 AM ET.

NewJersey Resources (NYSE:NJR - Get Free Report) last released its earnings results on Monday, February 2nd. The utilities provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.22. The firm had revenue of $604.85 million for the quarter, compared to the consensus estimate of $546.90 million. NewJersey Resources had a return on equity of 13.06% and a net margin of 15.18%.The company's revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.29 EPS. On average, analysts expect NewJersey Resources to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NewJersey Resources Stock Performance

NYSE NJR opened at $55.81 on Monday. The company has a market cap of $5.63 billion, a P/E ratio of 17.28 and a beta of 0.55. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.58 and a current ratio of 0.83. The business's 50 day moving average price is $54.82 and its 200-day moving average price is $49.85. NewJersey Resources has a fifty-two week low of $43.46 and a fifty-two week high of $57.70.

NewJersey Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.475 per share. The ex-dividend date is Wednesday, June 10th. This represents a $1.90 dividend on an annualized basis and a yield of 3.4%. NewJersey Resources's payout ratio is 58.82%.

Insider Transactions at NewJersey Resources

In other news, SVP Richard Reich sold 5,449 shares of the company's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $52.99, for a total value of $288,742.51. Following the transaction, the senior vice president directly owned 26,975 shares in the company, valued at approximately $1,429,405.25. This represents a 16.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Roberto Bel sold 6,105 shares of the company's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $55.10, for a total transaction of $336,385.50. Following the completion of the transaction, the chief financial officer owned 19,780 shares in the company, valued at approximately $1,089,878. The trade was a 23.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.70% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NJR. Invesco Ltd. grew its stake in NewJersey Resources by 6.6% in the fourth quarter. Invesco Ltd. now owns 519,941 shares of the utilities provider's stock worth $23,980,000 after purchasing an additional 32,116 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in NewJersey Resources by 18.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,483 shares of the utilities provider's stock worth $576,000 after purchasing an additional 1,921 shares in the last quarter. XTX Topco Ltd grew its stake in NewJersey Resources by 18.1% in the fourth quarter. XTX Topco Ltd now owns 6,501 shares of the utilities provider's stock worth $300,000 after purchasing an additional 998 shares in the last quarter. Wellington Management Group LLP grew its stake in NewJersey Resources by 1.1% in the fourth quarter. Wellington Management Group LLP now owns 300,471 shares of the utilities provider's stock worth $13,858,000 after purchasing an additional 3,322 shares in the last quarter. Finally, Susquehanna Portfolio Strategies LLC bought a new position in NewJersey Resources in the fourth quarter worth approximately $1,941,000. 70.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on NJR shares. Mizuho boosted their price objective on shares of NewJersey Resources from $54.00 to $61.00 and gave the company an "outperform" rating in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of NewJersey Resources from a "sell" rating to a "hold" rating in a research report on Saturday, February 7th. Williams Trading set a $55.00 price objective on shares of NewJersey Resources in a research report on Tuesday, February 3rd. Argus raised NewJersey Resources to a "strong-buy" rating in a research note on Thursday, January 22nd. Finally, Raymond James Financial reaffirmed an "outperform" rating on shares of NewJersey Resources in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, NewJersey Resources currently has a consensus rating of "Buy" and an average target price of $54.50.

NewJersey Resources Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.