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NYSE:NJR - New Jersey Resources Stock Price, Forecast & News

$42.72
+0.15 (+0.35 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$42.37
Now: $42.72
$43.01
50-Day Range
$40.60
MA: $42.76
$44.33
52-Week Range
$40.32
Now: $42.72
$51.57
Volume1.29 million shs
Average Volume431,191 shs
Market Capitalization$3.85 billion
P/E Ratio21.91
Dividend Yield2.94%
Beta0.31
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 538,700 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. Read More…

Industry, Sector and Symbol

Industry Natural gas distribution
Sub-IndustryGas Utilities
SectorUtilities
CUSIP64602510
Phone732-938-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.59 billion
Cash Flow$2.98 per share
Book Value$17.25 per share

Profitability

Net Income$169.51 million

Miscellaneous

Employees1,108
Market Cap$3.85 billion
Next Earnings Date2/5/2020 (Estimated)
OptionableOptionable

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New Jersey Resources (NYSE:NJR) Frequently Asked Questions

What is New Jersey Resources' stock symbol?

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

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

New Jersey Resources declared a quarterly dividend on Tuesday, November 12th. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.313 per share on Thursday, January 2nd. This represents a $1.25 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Wednesday, December 18th. This is an increase from New Jersey Resources's previous quarterly dividend of $0.29. View New Jersey Resources' Dividend History.

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

New Jersey Resources's stock split on the morning of Wednesday, March 4th 2015. The 2-1 split was announced on Wednesday, January 21st 2015. The newly minted shares were distributed to shareholders after the market closes on Tuesday, March 3rd 2015. An investor that had 100 shares of New Jersey Resources stock prior to the split would have 200 shares after the split.

How were New Jersey Resources' earnings last quarter?

New Jersey Resources Corp (NYSE:NJR) posted its quarterly earnings results on Tuesday, November, 19th. The utilities provider reported $0.29 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.29. The utilities provider had revenue of $479.08 million for the quarter, compared to analyst estimates of $694.50 million. New Jersey Resources had a net margin of 6.54% and a return on equity of 11.31%. The business's quarterly revenue was down 26.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.33) EPS. View New Jersey Resources' Earnings History.

When is New Jersey Resources' next earnings date?

New Jersey Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for New Jersey Resources.

What guidance has New Jersey Resources issued on next quarter's earnings?

New Jersey Resources updated its FY 2020 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $$2.05-2.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $$2.14.

What is the consensus analysts' recommendation for New Jersey Resources?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Jersey Resources in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for New Jersey Resources.

Has New Jersey Resources been receiving favorable news coverage?

News articles about NJR stock have trended extremely negative on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Jersey Resources earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for New Jersey Resources.

Who are some of New Jersey Resources' key competitors?

What other stocks do shareholders of New Jersey Resources own?

Who are New Jersey Resources' key executives?

New Jersey Resources' management team includes the folowing people:
  • Mr. Laurence M. Downes, Chairman & CEO (Age 62)
  • Mr. Stephen D. Westhoven, Pres, COO & Director (Age 51)
  • Mr. Patrick J. Migliaccio, Sr. VP & CFO (Age 45)
  • Ms. Nancy A. Washington, Sr. VP & Gen. Counsel (Age 55)
  • Ms. Amanda E. Mullan, Sr. VP & Chief HR Officer (Age 53)

Who are New Jersey Resources' major shareholders?

New Jersey Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (7.37%), First Trust Advisors LP (1.04%), Massachusetts Financial Services Co. MA (0.63%), Boston Trust Walden Corp (0.61%), Confluence Investment Management LLC (0.53%) and Retirement Systems of Alabama (0.40%). Company insiders that own New Jersey Resources stock include David A Trice, Jane M Kenny, Laurence M Downes, M William Howard Jr, M William Howard, Jr and Patrick J Migliaccio. View Institutional Ownership Trends for New Jersey Resources.

Which major investors are selling New Jersey Resources stock?

NJR stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, State Street Corp, Chicago Equity Partners LLC, Barclays PLC, Stifel Financial Corp, SG Americas Securities LLC, Ingalls & Snyder LLC and Tower Research Capital LLC TRC. Company insiders that have sold New Jersey Resources company stock in the last year include David A Trice, Jane M Kenny, Laurence M Downes, M William Howard Jr and Patrick J Migliaccio. View Insider Buying and Selling for New Jersey Resources.

Which major investors are buying New Jersey Resources stock?

NJR stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Millennium Management LLC, Point72 Asset Management L.P., California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Massachusetts Financial Services Co. MA, Assenagon Asset Management S.A. and Tiedemann Advisors LLC. View Insider Buying and Selling for New Jersey Resources.

How do I buy shares of New Jersey Resources?

Shares of NJR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is New Jersey Resources' stock price today?

One share of NJR stock can currently be purchased for approximately $42.72.

How big of a company is New Jersey Resources?

New Jersey Resources has a market capitalization of $3.85 billion and generates $2.59 billion in revenue each year. The utilities provider earns $169.51 million in net income (profit) each year or $1.95 on an earnings per share basis. New Jersey Resources employs 1,108 workers across the globe.View Additional Information About New Jersey Resources.

What is New Jersey Resources' official website?

The official website for New Jersey Resources is http://www.njresources.com/.

How can I contact New Jersey Resources?

New Jersey Resources' mailing address is 1415 Wyckoff Road, WALL TOWNSHIP NJ, 07719. The utilities provider can be reached via phone at 732-938-1000 or via email at [email protected]


MarketBeat Community Rating for New Jersey Resources (NYSE NJR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  603
MarketBeat's community ratings are surveys of what our community members think about New Jersey Resources and other stocks. Vote "Outperform" if you believe NJR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NJR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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