NYSE:NJR - New Jersey Resources Stock Price, Price Target & More

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$45.60 -0.25 (-0.55 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$45.85
Today's Range$45.17 - $45.95
52-Week Range$35.55 - $47.60
Volume286,700 shs
Average Volume574,051 shs
Market Capitalization$3.97 billion
P/E Ratio26.36
Dividend Yield2.41%
Beta0.29
New Jersey Resources logoNew 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 529,800 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. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects in Montana, Iowa, Kansas, Wyoming, and Pennsylvania. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas distribution
Sub-IndustryGas Utilities
SectorUtilities
SymbolNYSE:NJR
CUSIP64602510
Phone732-938-1480

Debt

Debt-to-Equity Ratio0.68
Current Ratio1.17
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio26.36
Forward P/E Ratio17.40
P/E Growth2.88

Sales & Book Value

Annual Sales$2.27 billion
Price / Sales1.76
Cash Flow$2.6934 per share
Price / Cash16.93
Book Value$14.29 per share
Price / Book3.19

Profitability

EPS (Most Recent Fiscal Year)$1.73
Net Income$132.06 million
Net Margins9.06%
Return on Equity21.16%
Return on Assets7.08%

Miscellaneous

Employees1,052
Outstanding Shares87,730,000
Market Cap$3,969.93

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, July 10th. Stockholders of record on Friday, September 21st will be paid a dividend of $0.2725 per share on Monday, October 1st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Thursday, September 20th. 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 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 closing bell 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) issued its quarterly earnings data on Friday, May, 4th. The utilities provider reported $1.62 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.97 by $0.65. The utilities provider had revenue of $1.02 million for the quarter, compared to the consensus estimate of $749.71 million. New Jersey Resources had a return on equity of 21.16% and a net margin of 9.06%. The firm's revenue was down 99.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.21 earnings per share. 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 Tuesday, August, 7th 2018. View Earnings Estimates for New Jersey Resources.

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

New Jersey Resources issued an update on its FY18 earnings guidance on Friday, May, 4th. The company provided earnings per share (EPS) guidance of $2.55-2.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.60.

What price target have analysts set for NJR?

4 equities research analysts have issued 1-year price targets for New Jersey Resources' stock. Their predictions range from $38.00 to $49.00. On average, they expect New Jersey Resources' share price to reach $43.00 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View Analyst Ratings for New Jersey Resources.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Jersey Resources in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of New Jersey Resources' key competitors?

Who are New Jersey Resources' key executives?

New Jersey Resources' management team includes the folowing people:
  • Mr. Laurence M. Downes, Chairman, Pres & CEO (Age 61)
  • Mr. Patrick J. Migliaccio, Sr. VP & CFO (Age 44)
  • Mr. Stephen D. Westhoven, Exec. VP & COO (Age 50)
  • Ms. Amanda E. Mullan, Sr. VP & Chief HR Officer (Age 52)
  • Ms. Jaqueline K. Shea, VP & Chief Information Officer (Age 54)

Has New Jersey Resources been receiving favorable news coverage?

News coverage about NJR stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New Jersey Resources earned a media sentiment score of 0.02 on Accern's scale. They also assigned news headlines about the utilities provider an impact score of 45.38 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are New Jersey Resources' major shareholders?

New Jersey Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.47%), Retirement Systems of Alabama (0.38%), Hennessy Advisors Inc. (0.36%), James Investment Research Inc. (0.16%), Nisa Investment Advisors LLC (0.09%) and Bank of Montreal Can (0.03%). Company insiders that own New Jersey Resources stock include Amanda Mullan, Jane M Kenny, Lawrence R Codey, M William Howard, Jr and Patrick J Migliaccio. View Institutional Ownership Trends for New Jersey Resources.

Which institutional investors are selling New Jersey Resources stock?

NJR stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Channing Capital Management LLC, Municipal Employees Retirement System of Michigan, Bank of Montreal Can and Creative Planning. Company insiders that have sold New Jersey Resources company stock in the last year include Amanda Mullan, Lawrence R Codey and Patrick J Migliaccio. View Insider Buying and Selling for New Jersey Resources.

Which institutional investors are buying New Jersey Resources stock?

NJR stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, James Investment Research Inc., Cornerstone Wealth Management LLC, Confluence Investment Management LLC, Legacy Advisors LLC and Nisa Investment 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, Scottrade, Fidelity and Charles Schwab.

What is New Jersey Resources' stock price today?

One share of NJR stock can currently be purchased for approximately $45.60.

How big of a company is New Jersey Resources?

New Jersey Resources has a market capitalization of $3.97 billion and generates $2.27 billion in revenue each year. The utilities provider earns $132.06 million in net income (profit) each year or $1.73 on an earnings per share basis. New Jersey Resources employs 1,052 workers across the globe.

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 732-938-1480 or via email at [email protected]


MarketBeat Community Rating for New Jersey Resources (NYSE NJR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  429
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 7/20/2018 by MarketBeat.com Staff

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