New Jersey Resources Corp Company Profile (NYSE:NJR)

About New Jersey Resources Corp

New Jersey Resources Corp logoNew Jersey Resources Corporation is an energy services holding company. The Company's business is the distribution of natural gas through a regulated utility, which provides other retail and wholesale energy services to customers and investing in clean energy projects and midstream assets. It operates in four business segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services and Midstream. The Natural Gas Distribution segment consists of regulated natural gas services, off-system sales, capacity and storage management operations. The Energy Services segment consists of unregulated wholesale energy operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Midstream segment consists of investments in the midstream natural gas market, such as natural gas transportation and storage facilities. The Home Services and Other operations consist of heating, cooling and water appliance sales and installations, among others.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Exchange: NYSE
  • Symbol: NJR
  • CUSIP: 64602510
Key Metrics:
  • Previous Close: $39.50
  • 50 Day Moving Average: $37.01
  • 200 Day Moving Average: $34.76
  • 52-Week Range: $30.46 - $39.58
  • Trailing P/E Ratio: 29.48
  • Foreward P/E Ratio: 21.58
  • P/E Growth: 3.85
  • Market Cap: $3.41B
  • Outstanding Shares: 86,313,000
  • Beta: 0.43
Profitability:
  • Net Margins: 5.88%
  • Return on Equity: 10.71%
  • Return on Assets: 3.47%
Debt:
  • Debt-to-Equity Ratio: 0.87%
  • Current Ratio: 0.99%
  • Quick Ratio: 0.71%
Additional Links:
Companies Related to New Jersey Resources Corp:

Analyst Ratings

Consensus Ratings for New Jersey Resources Corp (NYSE:NJR) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $38.00 (3.80% downside)

Analysts' Ratings History for New Jersey Resources Corp (NYSE:NJR)
Show:
DateFirmActionRatingPrice TargetDetails
12/21/2016Seaport Global SecuritiesInitiated CoverageNeutral$36.00View Rating Details
11/3/2016GuggenheimInitiated CoverageBuy$36.00View Rating Details
9/16/2016ArgusReiterated RatingBuy$42.00View Rating Details
6/1/2016Wells Fargo & CoInitiated CoverageMarket PerformView Rating Details
3/31/2016Janney Montgomery ScottDowngradeBuy -> NeutralView Rating Details
3/30/2016BB&T Co.Initiated CoverageHoldView Rating Details
1/13/2016Ladenburg Thalmann Financial ServicesInitiated CoverageNeutral$33.50View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for New Jersey Resources Corp (NYSE:NJR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/8/2017Q117$0.61$0.47$470.13 million$541.03 millionViewListenView Earnings Details
11/22/2016Q416$0.01($0.02)$449.98 million$469.24 millionViewN/AView Earnings Details
8/2/2016Q316$0.14$0.13$425.99 million$393.21 millionViewN/AView Earnings Details
5/4/2016Q216$0.91$0.91$1.08 billion$574.19 millionViewN/AView Earnings Details
2/3/2016Q116$0.56$0.58$858.22 million$444.30 millionViewN/AView Earnings Details
11/24/2015Q415($0.08)($0.06)$611.33 million$438.30 millionViewListenView Earnings Details
7/31/2015Q315$0.05$0.03$678.42 million$458.50 millionViewListenView Earnings Details
5/7/2015Q215$0.95$1.16$1.15 billion$1.01 billionViewN/AView Earnings Details
2/4/2015Q115$1.00$1.26$943.50 million$824.12 millionViewN/AView Earnings Details
11/25/2014Q414($0.53)($0.46)$561.30 million$591.90 millionViewN/AView Earnings Details
7/31/2014Q314($0.10)$0.11$780.00 million$560.63 millionViewListenView Earnings Details
5/7/2014Q214$2.72$3.61$1.01 billion$1.05 billionViewListenView Earnings Details
2/6/2014Q114$0.94$0.95$769.77 million$878.41 millionViewListenView Earnings Details
11/25/2013Q4($0.02)($0.01)$580.21 million$615.50 millionViewListenView Earnings Details
8/7/2013Q3 2013$0.22$0.23$436.21 million$767.50 millionViewN/AView Earnings Details
5/2/2013Q2 2013$1.63$1.64$559.93 million$960.90 millionViewN/AView Earnings Details
2/7/2013Q1 2013$0.99$0.85$563.27 million$736.00 millionViewN/AView Earnings Details
11/29/2012-0.27($0.27)$451.36 millionViewN/AView Earnings Details
8/9/2012$0.12$0.10ViewN/AView Earnings Details
5/3/2012$1.59$1.79ViewN/AView Earnings Details
2/7/2012$0.73$1.09ViewN/AView Earnings Details
11/23/2011$0.05$0.02ViewN/AView Earnings Details
8/3/2011$0.23$0.49ViewN/AView Earnings Details
5/4/2011$1.66$1.62ViewN/AView Earnings Details
2/2/2011$0.91$0.71ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Jersey Resources Corp (NYSE:NJR)
Current Year EPS Consensus Estimate: $1.70 EPS
Next Year EPS Consensus Estimate: $1.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.90$0.90$0.90
Q2 20162$0.15$0.89$0.52
Q3 20161$0.15$0.15$0.15
Q4 20162($0.02)$0.00($0.01)
Q1 20171$0.60$0.60$0.60
Q2 20171$0.99$0.99$0.99
Q3 20171($0.13)($0.13)($0.13)
Q4 20171$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for New Jersey Resources Corp (NYSE:NJR)
Annual Dividend:$1.02
Dividend Yield:2.58%
Dividend Growth:16.90% (3 Year Average)
Payout Ratio:76.69% (Based on Trailing 12 Months of Earnings)
60.00% (Based on Current Year Consensus EPS Estimate)
55.74% (Based on Next Year Consensus EPS Estimate)
Track Record:21 Years of Consecutive Dividend Growth

Dividend History for New Jersey Resources Corp (NYSE:NJR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/24/2017quarterly$0.262.79%3/13/20173/15/20174/3/2017
11/16/2016quarterly$0.263.12%12/13/201612/15/20161/3/2017
7/13/2016quarterly$0.242.56%9/21/20169/23/201610/3/2016
5/11/2016quarterly$0.242.64%6/13/20166/15/20167/1/2016
1/19/2016quarterly$0.242.86%3/11/20163/15/20164/1/2016
11/11/2015quarterly$0.243.22%12/11/201512/15/20151/4/2016
7/14/2015quarterly$0.233.15%9/11/20159/15/201510/1/2015
5/13/2015quarterly$0.232.94%6/11/20156/15/20157/1/2015
1/21/2015quarterly$0.231.36%3/11/20153/13/20154/1/2015
11/12/2014quarterly$0.453.1%12/11/201412/15/20141/2/2015
7/16/2014quarterly$0.423.01%9/11/20149/15/201410/1/2014
5/14/2014quarterly$0.423.29%6/11/20146/13/20147/1/2014
1/21/2014quarterly$0.423.63%3/12/20143/14/20144/1/2014
11/13/2013quarterly$0.423.7%12/11/201312/13/20131/2/2014
7/10/2013quarterly$0.403.74%9/12/20139/16/201310/1/2013
5/15/2013quarterly$0.403.47%6/12/20136/14/20137/1/2013
1/24/2013quarterly$0.403.82%3/13/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for New Jersey Resources Corp (NYSE:NJR)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 60.26%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Patrick J MigliaccioVPSell1,366$36.22$49,476.52View SEC Filing  
12/20/2016M William Howard, Jr.DirectorSell1,000$36.93$36,930.00View SEC Filing  
5/17/2016George R ZoffingerDirectorSell9,743$34.77$338,764.11View SEC Filing  
3/23/2016Mariellen DuganVPSell9,511$35.60$338,591.60View SEC Filing  
3/16/2016Jane M KennyDirectorSell4,500$35.00$157,500.00View SEC Filing  
3/14/2016Patrick J MigliaccioCFOSell1,800$34.45$62,010.00View SEC Filing  
3/8/2016M William Howard JrDirectorSell2,000$35.00$70,000.00View SEC Filing  
12/15/2014Mariellen DuganVPSell4,500$57.92$260,640.00View SEC Filing  
12/11/2014Stephen D WesthovenVPSell5,125$60.00$307,500.00View SEC Filing  
5/20/2014Deborah ZilaiVPSell3,375$52.54$177,322.50View SEC Filing  
3/19/2014Mariellen DuganVPSell4,500$48.87$219,915.00View SEC Filing  
6/10/2013Mariellen DuganVPSell4,500$45.37$204,165.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for New Jersey Resources Corp (NYSE:NJR)
DateHeadline
finance.yahoo.com logoNJR : Summary for NewJersey Resources Corporation - Yahoo Finance (NYSE:NJR)
finance.yahoo.com - February 14 at 1:03 AM
capitalcube.com logoNew Jersey Resources Corp. :NJR-US: Earnings Analysis: Q1, 2017 By the Numbers : February 9, 2017 (NYSE:NJR)
www.capitalcube.com - February 9 at 7:53 PM
News IconNew Jersey Resources Corp (NJR) Releases Earnings Results, Misses Expectations By $-0.14 EPS - Highland Mirror (NYSE:NJR)
www.highlandmirror.com - February 9 at 12:45 AM
finance.yahoo.com logoEdited Transcript of NJR earnings conference call or presentation 8-Feb-17 3:00pm GMT (NYSE:NJR)
finance.yahoo.com - February 9 at 12:45 AM
rttnews.com logoNew Jersey Resources Corp. Q1 Profit Declines 31% (NYSE:NJR)
www.rttnews.com - February 8 at 7:45 PM
us.rd.yahoo.com logoNew Jersey Resources Reports Fiscal 2017 First-Quarter Results and Reaffirms Earnings Guidance (NYSE:NJR)
us.rd.yahoo.com - February 8 at 7:45 PM
biz.yahoo.com logoQ1 2017 New Jersey Resources Corp Earnings Release - Before Market Open (NYSE:NJR)
us.rd.yahoo.com - February 8 at 7:45 PM
sg.finance.yahoo.com logoNew Jersey Resources misses 1Q profit forecasts (NYSE:NJR)
sg.finance.yahoo.com - February 8 at 7:45 PM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure (NYSE:NJR)
biz.yahoo.com - February 8 at 7:45 PM
capitalcube.com logoNew Jersey Resources Corp. : NJR-US: Dividend Analysis : December 15th, 2016 (record date) : By the numbers : February 1, 2017 (NYSE:NJR)
us.rd.yahoo.com - February 1 at 7:56 PM
News IconPennEast pipeline opposed at NJR Annual Meeting (NYSE:NJR)
www.energyglobal.com - January 31 at 7:47 PM
News IconStock in Focus: New Jersey Resources Corporation (NYSE:NJR) - The Tribune (NYSE:NJR)
lakecitytribune.com - January 31 at 5:33 AM
finance.yahoo.com logoShareholders Voice Strong Opposition to PennEast Pipeline Investment at NJR Annual Meeting (NYSE:NJR)
finance.yahoo.com - January 30 at 9:03 AM
News IconNJR Clean Energy Ventures Corporation (NYSE:NJR)
www.scrapmonster.com - January 28 at 6:56 PM
News IconNJR announces Koeppe service award (NYSE:NJR)
www.njbiz.com - January 28 at 6:56 PM
4-traders.com logoNew Jersey Resources :’ Shareowners Re-Elect Kenny, Taylor and Trice to Board of Directors at Annual Shareowners Meeting (NYSE:NJR)
www.4-traders.com - January 26 at 11:22 PM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh (NYSE:NJR)
biz.yahoo.com - January 26 at 11:21 PM
finance.yahoo.com logoNew Jersey Resources Announces Alfred C. Koeppe Service Award (NYSE:NJR)
finance.yahoo.com - January 25 at 9:08 PM
finance.yahoo.com logoNew Jersey Resources’ Shareowners Re-Elect Kenny, Taylor and Trice to Board of Directors at Annual Shareowners Meeting (NYSE:NJR)
finance.yahoo.com - January 25 at 9:08 PM
seekingalpha.com logoNew Jersey Resources Corp declares $0.255 dividend (NYSE:NJR)
seekingalpha.com - January 24 at 7:35 PM
News IconEarnings in Full Force, Analysts Take Aim at New Jersey Resources Corp (NYSE:NJR) - Wall Street Beacon (NYSE:NJR)
wsbeacon.com - January 24 at 7:49 AM
News IconAverage Directional Index in Review for New Jersey Resources Corp. (NJR) - Rives Journal (NYSE:NJR)
rivesjournal.com - January 23 at 9:52 AM
News IconAverage True Range Check on New Jersey Resources Corp. (NJR) - Sherwood Daily (NYSE:NJR)
sherwooddaily.com - January 21 at 6:37 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of NewJersey Resources Corporation (NYSE:NJR) At $25.487 Millions (NYSE:NJR)
www.realistinvestor.com - January 12 at 7:28 PM
finance.yahoo.com logoNew Jersey Resources Schedules First-Quarter Fiscal 2017 Earnings Call (NYSE:NJR)
finance.yahoo.com - January 12 at 7:28 PM
capitalcube.com logoNew Jersey Resources Corp. – Value Analysis (NYSE:NJR) : January 11, 2017 (NYSE:NJR)
www.capitalcube.com - January 11 at 7:26 PM
capitalcube.com logoNew Jersey Resources Corp. breached its 50 day moving average in a Bearish Manner : NJR-US : January 10, 2017 (NYSE:NJR)
www.capitalcube.com - January 10 at 7:41 PM
nasdaq.com logoNew Jersey Resources (NJR) Passes Through 3% Yield Mark (NYSE:NJR)
www.nasdaq.com - January 10 at 12:49 AM
capitalcube.com logoETFs with exposure to New Jersey Resources Corp. : January 4, 2017 (NYSE:NJR)
www.capitalcube.com - January 4 at 7:39 PM
stocksdaily.net logoNewJersey Resources Corporation (NYSE:NJR) Dividend Payment At $0.255 Per Share (NYSE:NJR)
www.stocksdaily.net - January 1 at 7:06 PM
News IconCompany Spotlight on Shares of New Jersey Resources Corporation (NYSE:NJR) - Wall Street Beacon (NYSE:NJR)
wsbeacon.com - December 31 at 11:37 PM
News IconNJR Clean Energy Ventures Commissions 39.3-MW Wind Facility in Pennsylvania (NYSE:NJR)
www.power-eng.com - December 24 at 6:21 PM
4-traders.com logoNew Jersey Resources : NJR sparks Pennsylvania wind (NYSE:NJR)
www.4-traders.com - December 23 at 7:01 PM
News IconNJR Clean Energy Ventures completes 39.9 MW onshore wind farm in Pennsylvania (NYSE:NJR)
www.pennenergy.com - December 22 at 12:41 AM
4-traders.com logoNew Jersey Resources : NJR Clean Energy Ventures Completes 39.9 Megawatt Onshore Wind Farm in Pennsylvania (NYSE:NJR)
www.4-traders.com - December 21 at 11:14 AM
capitalcube.com logoETFs with exposure to New Jersey Resources Corp. : December 19, 2016 (NYSE:NJR)
www.capitalcube.com - December 20 at 12:48 PM
4-traders.com logoNew Jersey Resources : WITH FRIGID TEMPERATURES APPROACHING, NEW JERSEY NATURAL GAS ENCOURAGES CUSTOMERS TO BE PREPARED (NYSE:NJR)
www.4-traders.com - December 16 at 12:46 AM
insidermonkey.com logoNew Jersey Resources Corp (NJR) Hedge Funds Are Snapping Up (NYSE:NJR)
www.insidermonkey.com - December 10 at 6:12 PM
investorplace.com logoEx-Dividend Reminders Include Macy’s Inc and Domino’s Pizza, Inc. (M, DPZ) (NYSE:NJR)
investorplace.com - December 10 at 9:13 AM
News IconNew Jersey Resources Corp (NJR)Hedge Funds Are Snapping Up (NYSE:NJR)
feedproxy.google.com - December 10 at 8:40 AM
News IconComposite Score Check on New Jersey Resources Corporation (NYSE:NJR) - Business Daily Leader (NYSE:NJR)
businessdailyleader.com - December 9 at 3:16 PM
capitalcube.com logoETFs with exposure to New Jersey Resources Corp. : December 8, 2016 (NYSE:NJR)
www.capitalcube.com - December 8 at 7:18 PM
News IconLocal Company offering scholarships for college bound students in NJ (NYSE:NJR)
patch.com - December 8 at 9:37 AM
News IconEDA Chair Koeppe, former PSE&G president, has died (NYSE:NJR)
www.njbiz.com - December 8 at 9:37 AM
prnewswire.com logoGas Utilities Stocks under Scanner -- National Grid, New Jersey Resources, Atmos Energy, and Avangrid (NYSE:NJR)
www.prnewswire.com - December 8 at 9:37 AM
News IconStock Update: Focusing on Shares of New Jersey Resources Corporation (NYSE:NJR) - Marion Business Daily (NYSE:NJR)
marionbusinessdaily.com - December 6 at 11:35 PM
4-traders.com logoNew Jersey Resources : NATURAL GAS TO HOST ENERGY-SAVING LIGHTING FAIR (NYSE:NJR)
www.4-traders.com - November 30 at 11:38 AM
nasdaq.com logoNew Jersey Resources Reaches Analyst Target Price (NYSE:NJR)
www.nasdaq.com - November 30 at 11:38 AM
finance.yahoo.com logoNEW JERSEY RESOURCES CORP Financials (NYSE:NJR)
finance.yahoo.com - November 29 at 2:35 PM
capitalcube.com logoETFs with exposure to New Jersey Resources Corp. : November 28, 2016 (NYSE:NJR)
www.capitalcube.com - November 29 at 2:35 PM

Social

What is New Jersey Resources Corp's stock symbol?

New Jersey Resources Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NJR."

How often does New Jersey Resources Corp pay dividends? What is the dividend yield for New Jersey Resources Corp?

New Jersey Resources Corp announced a quarterly dividend on Tuesday, January 24th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.255 per share on Monday, April 3rd. This represents a $1.02 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date is Monday, March 13th.

When did New Jersey Resources Corp's stock split? How did New Jersey Resources Corp's stock split work?

New Jersey Resources Corp shares 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 market closes on Tuesday, March 3rd 2015. An investor that had 100 shares of New Jersey Resources Corp stock prior to the split would have 200 shares after the split.

Where is New Jersey Resources Corp's stock going? Where will New Jersey Resources Corp's stock price be in 2017?

6 analysts have issued 1 year price targets for New Jersey Resources Corp's stock. Their predictions range from $36.00 to $42.00. On average, they expect New Jersey Resources Corp's stock price to reach $38.00 in the next twelve months.

When will New Jersey Resources Corp announce their earnings?

New Jersey Resources Corp is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Who owns New Jersey Resources Corp stock?

New Jersey Resources Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (7.45%), Dimensional Fund Advisors LP (1.95%), FMR LLC (1.53%), Energy Income Partners LLC (1.24%), Blackstart Capital LP (0.31%) and New York State Teachers Retirement System (0.20%). Company insiders that own New Jersey Resources Corp stock include George R Zoffinger, Jane M Kenny, M William Howard Jr, M William Howard, Jr, Mariellen Dugan and Patrick J Migliaccio.

Who sold New Jersey Resources Corp stock? Who is selling New Jersey Resources Corp stock?

New Jersey Resources Corp's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Guggenheim Capital LLC, Ramsey Quantitative Systems, Metropolitan Life Insurance Co. NY, Franklin Resources Inc., Bessemer Group Inc. and Symons Capital Management Inc.. Company insiders that have sold New Jersey Resources Corp stock in the last year include George R Zoffinger, Jane M Kenny, M William Howard Jr, M William Howard, Jr, Mariellen Dugan and Patrick J Migliaccio.

Who bought New Jersey Resources Corp stock? Who is buying New Jersey Resources Corp stock?

New Jersey Resources Corp's stock was acquired by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Blackstart Capital LP, Renaissance Technologies LLC, FMR LLC, Asset Management One Co. Ltd., Wesbanco Bank Inc., Russell Investments Group Ltd. and Paradigm Asset Management Co. LLC.

How do I buy New Jersey Resources Corp stock?

Shares of New Jersey Resources Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of New Jersey Resources Corp stock cost?

One share of New Jersey Resources Corp stock can currently be purchased for approximately $39.50.

New Jersey Resources Corp (NYSE:NJR) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for New Jersey Resources Corp (NYSE:NJR)

Earnings History Chart

Earnings by Quarter for New Jersey Resources Corp (NYSE:NJR)

Dividend History Chart

Dividend Payments by Quarter for New Jersey Resources Corp (NYSE:NJR)

Last Updated on 2/25/2017 by MarketBeat.com Staff