New Jersey Resources Corp. Company Profile (NYSE:NJR)

About New Jersey Resources Corp.

New Jersey Resources Corp. logoNew Jersey Resources Corporation (NJR) is an energy services holding company that provides retail and wholesale energy services to customers primarily in the Gulf Coast, Mid-Continent, Appalachian, Northeastern, and Western market areas of the United States, as well as Canada. The Company operates within four reportable business segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services and Midstream (formerly Energy Holdings). The Natural Gas Distribution segment consists of regulated energy and off-system, capacity and storage management operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Energy Services segment consists of unregulated wholesale energy operations. Lastly, the Midstream segment consists of investments in the midstream natural gas market, such as natural gas transportation and storage facilities.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Exchange: NYSE
  • Symbol: NJR
  • CUSIP: 64602510
Key Metrics:
  • Previous Close: $34.45
  • 50 Day Moving Average: $34.20
  • 200 Day Moving Average: $35.77
  • 52-Week Range: $28.02 - $38.92
  • Trailing P/E Ratio: 26.85
  • Foreward P/E Ratio: 19.46
  • P/E Growth: 3.36
  • Market Cap: $2.97B
  • Outstanding Shares: 86,150,000
  • Beta: 0.56
Profitability:
  • Net Margins: 5.88%
  • Return on Equity: 11.43%
  • Return on Assets: 3.82%
Debt:
  • Debt-to-Equity Ratio: 0.83%
  • Current Ratio: 1.01%
  • Quick Ratio: 0.72%
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, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $36.83 (6.92% upside)

Analysts' Ratings History for New Jersey Resources Corp. (NYSE:NJR)
Show:
DateFirmActionRatingPrice TargetDetails
9/16/2016ArgusReiterated RatingBuy$42.00View Rating Details
6/1/2016Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
3/31/2016Janney Montgomery ScottDowngradeBuy -> NeutralView Rating Details
3/30/2016BB&T Corp.Initiated CoverageHoldView Rating Details
1/13/2016Ladenburg ThalmannInitiated CoverageNeutral$33.50View Rating Details
2/9/2015Brean CapitalReiterated RatingHoldView Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for New Jersey Resources Corp. (NYSE:NJR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/22/2016        
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: $1.62 EPS
Next Year EPS Consensus Estimate: $1.77 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)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for New Jersey Resources Corp. (NYSE:NJR)
Annual Dividend:$0.96
Dividend Yield:2.79%
Dividend Growth:-1.90% (3 Year Average)
Payout Ratio:76.80% (Based on Trailing 12 Months of Earnings)
59.26% (Based on Current Year Consensus EPS Estimate)
54.24% (Based on Next Year Consensus EPS Estimate)
Track Record:20 Years of Consecutive Dividend Growth

Dividend History for New Jersey Resources Corp. (NYSE:NJR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 1.40%
Institutional Ownership Percentage: 60.28%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
capitalcube.com logoNew Jersey Resources Corp. breached its 50 day moving average in a Bearish Manner : NJR-US : September 26, 2016 (NYSE:NJR)
www.capitalcube.com - September 26 at 11:06 AM
finance.yahoo.com logoNew Jersey Board of Public Utilities Approves New Rates for New Jersey Natural Gas (NYSE:NJR)
finance.yahoo.com - September 23 at 5:57 PM
nasdaq.com logoNew Jersey Resources Breaks Above 200-Day Moving Average - Bullish for NJR (NYSE:NJR)
www.nasdaq.com - September 22 at 6:05 PM
4-traders.com logoNEW JERSEY RESOURCES CORP : ex-dividend day (NYSE:NJR)
www.4-traders.com - September 21 at 6:03 PM
finance.yahoo.com logoNew Jersey Natural Gas Ranks Highest in the East among Large Utilities on the 2016 J.D. Power Gas Residential Customer Satisfaction StudySM (NYSE:NJR)
finance.yahoo.com - September 21 at 10:32 AM
feeds.benzinga.com logoNew Jersey Resources Offering A Favorable Entry Point, Says Argus (NYSE:NJR)
feeds.benzinga.com - September 16 at 3:01 PM
News IconNew Jersey Resources appoints new top leaders (NYSE:NJR)
www.poandpo.com - September 16 at 9:56 AM
forbes.com logoNew Jersey Resources Stock Getting Very Oversold (NYSE:NJR)
www.forbes.com - September 14 at 6:31 PM
4-traders.com logoNew Jersey Resources : Board of Directors Increases Quarterly Dividend 6.3 Percent (NYSE:NJR)
www.4-traders.com - September 14 at 10:42 AM
publicnow.com logoNew Jersey Resources Board of Directors Increases Quarterly Dividend 6.3 Percent (NYSE:NJR)
www.publicnow.com - September 14 at 10:42 AM
finance.yahoo.com logoNew Jersey Resources (NJR) Announces 6.3% Dividend Hike (NYSE:NJR)
finance.yahoo.com - September 14 at 10:42 AM
seekingalpha.com logoNew Jersey Resources declares $0.255 dividend (NYSE:NJR)
seekingalpha.com - September 13 at 2:48 PM
streetinsider.com logoNew Jersey Resources (NJR) Announces Several Exec Changes, Including COO Appointments (NYSE:NJR)
www.streetinsider.com - September 13 at 11:14 AM
reuters.com logoBRIEF-New Jersey Resources announces leadership changes (NYSE:NJR)
www.reuters.com - September 12 at 11:02 AM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of In (NYSE:NJR)
biz.yahoo.com - September 12 at 11:02 AM
publicnow.com logoNEW JERSEY RESOURCES ANNOUNCES LEADERSHIP CHANGES (NYSE:NJR)
www.publicnow.com - September 12 at 11:02 AM
capitalcube.com logoETF’s with exposure to New Jersey Resources Corp. : September 7, 2016 (NYSE:NJR)
www.capitalcube.com - September 7 at 6:34 PM
4-traders.com logoNEW JERSEY RESOURCES CORP : Regulation FD Disclosure (form 8-K) (NYSE:NJR)
www.4-traders.com - September 7 at 9:59 AM
finance.yahoo.com logo2:01 am NJ Resources reaches satisfactory agreement on its base rate case (NYSE:NJR)
finance.yahoo.com - September 7 at 9:59 AM
publicnow.com logoNEW JERSEY NATURAL GAS ANNOUNCES SATISFACTORY AGREEMENT ON BASE RATE (NYSE:NJR)
www.publicnow.com - September 7 at 9:59 AM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 8-K, Regulation FD Disclosure (NYSE:NJR)
biz.yahoo.com - September 6 at 6:36 PM
realistinvestor.com logoNewJersey Resources Corporation (NYSE:NJR) Reports Change of $-94.427 MILLION IN Assets & Liabilities - RealistInvestor.com (NYSE:NJR)
www.realistinvestor.com - August 28 at 10:31 AM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off (NYSE:NJR)
biz.yahoo.com - August 19 at 9:29 AM
feeds.reuters.com logoBRIEF-New Jersey Resources says sold senior notes worth $150 mln (NYSE:NJR)
feeds.reuters.com - August 19 at 6:51 AM
nasdaq.com logoNJR Crosses Below Key Moving Average Level (NYSE:NJR)
www.nasdaq.com - August 17 at 9:33 AM
forbes.com logoNew Jersey Resources (NJR) Shares Enter Oversold Territory (NYSE:NJR)
www.forbes.com - August 11 at 5:01 PM
finance.yahoo.com logoNEW JERSEY RESOURCES CORP Financials (NYSE:NJR)
finance.yahoo.com - August 10 at 6:54 PM
capitalcube.com logoNew Jersey Resources Corp. :NJR-US: Earnings Analysis: Q3, 2016 By the Numbers : August 3, 2016 (NYSE:NJR)
www.capitalcube.com - August 3 at 6:48 PM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 10-Q, Quarterly Report (NYSE:NJR)
biz.yahoo.com - August 3 at 6:48 PM
finance.yahoo.com logoEdited Transcript of NJR earnings conference call or presentation 2-Aug-16 2:00pm GMT (NYSE:NJR)
finance.yahoo.com - August 3 at 9:44 AM
publicnow.com logoAUGUST 11 (8/11) SERVES AS REMINDER FOR NEW JERSEY RESIDENTS TO ALWAYS CALL 811 BEFORE DIGGING (NYSE:NJR)
www.publicnow.com - August 3 at 9:44 AM
seekingalpha.com logoNew Jersey Resources' (NJR) CEO Larry Downes on Q3 2016 Results - Earnings Call Transcript (NYSE:NJR)
seekingalpha.com - August 2 at 6:45 PM
4-traders.com logoNEW JERSEY RESOURCES CORP : Results of Operations and Financial Condition (form 8-K) (NYSE:NJR)
www.4-traders.com - August 2 at 11:17 AM
rttnews.com logoNew Jersey Resources Corp. Q3 Income Climbs 342% (NYSE:NJR)
www.rttnews.com - August 2 at 11:17 AM
twst.com logoNew Jersey Resources Corporation: New Jersey Resources Reports Fiscal 2016 Third-Quarter Results; Reaffirms Fiscal 2016 Earnings Guidance (NYSE:NJR)
www.twst.com - August 2 at 11:17 AM
sg.finance.yahoo.com logoNew Jersey Resources reports 3Q loss (NYSE:NJR)
sg.finance.yahoo.com - August 2 at 11:17 AM
biz.yahoo.com logoNEW JERSEY RESOURCES CORP Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:NJR)
biz.yahoo.com - August 2 at 11:17 AM
publicnow.com logoNew Jersey Resources Reports Fiscal 2016 Third-Quarter Results; Reaffirms Fiscal 2016 Earnings Guidance (NYSE:NJR)
www.publicnow.com - August 2 at 11:17 AM
capitalcube.com logoNew Jersey Resources Corp. breached its 50 day moving average in a Bullish Manner : NJR-US : July 29, 2016 (NYSE:NJR)
www.capitalcube.com - July 29 at 8:18 AM
investornewswire.com logoIs $38 Price Target Attainable For NewJersey Resources Corporation (NYSE:NJR)? - Investor Newswire (NYSE:NJR)
www.investornewswire.com - July 24 at 5:57 PM
News IconEquity Roundup: Stock Performance Focus on New Jersey Resources Corp (NYSE:NJR) - Press Telegraph (NYSE:NJR)
presstelegraph.com - July 23 at 10:23 AM
News IconAttention Grasping Stock With Upward Momentum: New Jersey Resources Corp. (NYSE:NJR) - TGP (NYSE:NJR)
telanaganapress.com - July 22 at 9:25 AM
News IconAre Analysts Bullish New Jersey Resources Corp (NYSE:NJR) After Last Week? - Consumer Eagle (NYSE:NJR)
www.consumereagle.com - July 21 at 6:45 PM
News IconTech company to become largest employer at former Bell Labs site (NYSE:NJR)
www.nj.com - July 21 at 9:21 AM
News IconStock Strength in Focus for New Jersey Resources Corp. (NYSE:NJR) - Press Telegraph (NYSE:NJR)
presstelegraph.com - July 20 at 7:09 PM
investornewswire.com logoNewJersey Resources Corporation (NYSE:NJR) Expected To Post Sales Of $2525.365 - Investor Newswire (NYSE:NJR)
www.investornewswire.com - July 20 at 7:09 PM
news.cmlviz.com logoNew Jersey Resources Corp. Realized Volatility Hits A Collapsing Low - CML News (NYSE:NJR)
news.cmlviz.com - July 20 at 7:09 PM
tradecalls.org logoNew Jersey Resources Corp(NYSE:NJR) Declares Dividend of $0.2400. - Trade Calls (NYSE:NJR)
www.tradecalls.org - July 20 at 7:09 PM
News IconNew Jersey Company Adds Mullinix in Fort Wayne (NYSE:NJR)
www.insideindianabusiness.com - July 20 at 9:23 AM
News IconStock Positive on the Year: New Jersey Resources Corp. (NYSE:NJR) - TGP (NYSE:NJR)
telanaganapress.com - July 19 at 9:34 AM

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New Jersey Resources Corp. (NYSE:NJR) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff