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

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$46.35 -0.25 (-0.54 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$46.60
Today's Range$46.25 - $46.65
52-Week Range$35.55 - $47.60
Volume346,500 shs
Average Volume548,163 shs
Market Capitalization$4.14 billion
P/E Ratio26.79
Dividend Yield2.32%
Beta0.25
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 Ratio0.84
Current Ratio1.45
Quick Ratio1.16

Price-To-Earnings

Trailing P/E Ratio26.79
Forward P/E Ratio17.49
P/E Growth2.53

Sales & Book Value

Annual Sales$2.27 billion
Price / Sales1.80
Cash Flow$2.6380 per share
Price / Cash17.57
Book Value$14.29 per share
Price / Book3.24

Profitability

EPS (Most Recent Fiscal Year)$1.73
Net Income$132.06 million
Net Margins7.60%
Return on Equity18.68%
Return on Assets6.40%

Miscellaneous

Employees1,052
Outstanding Shares88,280,000
Market Cap$4.14 billion

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 announced 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 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend 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 shares split before market open on Wednesday, March 4th 2015. The 2-1 split was announced on Wednesday, January 21st 2015. The newly minted shares were issued 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 earnings results on Tuesday, August, 7th. The utilities provider reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.11. The utilities provider had revenue of $543.44 million for the quarter, compared to the consensus estimate of $496.70 million. New Jersey Resources had a return on equity of 18.68% and a net margin of 7.60%. During the same quarter last year, the company posted $0.20 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, November, 20th 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 Tuesday, August, 7th. The company provided EPS guidance of 2.60-2.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.62.

What price target have analysts set for NJR?

4 analysts have issued 1 year price objectives for New Jersey Resources' shares. 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 year. This suggests that the stock has a possible downside of 7.2%. View Analyst Price Targets 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." View Analyst Ratings for New Jersey Resources.

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?

Headlines about NJR stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. New Jersey Resources earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the utilities provider an impact score of 46.79 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for New Jersey Resources.

Who are New Jersey Resources' major shareholders?

New Jersey Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.41%), Dimensional Fund Advisors LP (2.04%), Bank of New York Mellon Corp (1.78%), FMR LLC (1.26%), Wells Fargo & Company MN (1.22%) and Schwab Charles Investment Management Inc. (0.75%). 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 major investors are selling New Jersey Resources stock?

NJR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hennessy Advisors Inc., First Trust Advisors LP, Russell Investments Group Ltd., Channing Capital Management LLC, Trexquant Investment LP, Bank of America Corp DE and Massachusetts Financial Services Co. MA. 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 major investors are buying New Jersey Resources stock?

NJR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Retirement Systems of Alabama, Dimensional Fund Advisors LP, FMR LLC, James Investment Research Inc., Martingale Asset Management L P, Hartford Financial Management Inc. and Millennium Management 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 $46.35.

How big of a company is New Jersey Resources?

New Jersey Resources has a market capitalization of $4.14 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:  205 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  456
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 8/21/2018 by MarketBeat.com Staff

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