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.
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Industry, Sector and Symbol
Industry Natural gas distribution
Sub-IndustryGas Utilities
SectorUtilities
Phone732-938-1480
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.92 billion
Profitability
Miscellaneous
Employees1,068
Next Earnings Date11/19/2019 (Estimated)
OptionableOptionable
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 9th. Shareholders of record on Friday, September 20th will be given a dividend of $0.292 per share on Tuesday, October 1st. This represents a $1.17 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, September 19th. View New Jersey Resources' Dividend History.
When did New Jersey Resources' stock split? How did New Jersey Resources' stock split work?
Shares of New Jersey Resources 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 payable 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) posted its quarterly earnings results on Tuesday, August, 6th. The utilities provider reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by $0.32. The utilities provider had revenue of $434.94 million for the quarter, compared to analyst estimates of $592.80 million. New Jersey Resources had a return on equity of 7.93% and a net margin of 4.90%. The company's quarterly revenue was down 20.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.09) EPS. View New Jersey Resources' Earnings History.
When is New Jersey Resources' next earnings date?
What guidance has New Jersey Resources issued on next quarter's earnings?
New Jersey Resources updated its FY19 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of $1.95-2.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.00.
What price target have analysts set for NJR?
2 brokerages have issued 12 month target prices for New Jersey Resources' stock. Their predictions range from $47.00 to $47.00. On average, they anticipate New Jersey Resources' share price to reach $47.00 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for New Jersey Resources.
What is the consensus analysts' recommendation for New Jersey Resources?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Jersey Resources in the last year. There are currently 2 hold ratings 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?
Media stories about NJR stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. New Jersey Resources earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.84%), BlackRock Inc. (13.84%), Vanguard Group Inc. (10.76%), Northern Trust Corp (2.13%), Wells Fargo & Company MN (1.42%) and Bank of New York Mellon Corp (1.36%). Company insiders that own New Jersey Resources stock include Amanda Mullan, David A Trice, Jane M Kenny, Laurence M Downes, Lawrence R Codey, M William Howard Jr, 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 AQR Capital Management LLC, Renaissance Technologies LLC, Robecosam AG, JPMorgan Chase & Co., Hennessy Advisors Inc., BNP Paribas Arbitrage SA, Aperio Group LLC and Bank of New York Mellon Corp. 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, M William Howard, Jr 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 bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., First Trust Advisors LP, Invesco Ltd., BTIM Corp., 361 Capital LLC and Northern Trust Corp. 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 $45.16.
How big of a company is New Jersey Resources?
New Jersey Resources has a market capitalization of $4.06 billion and generates $2.92 billion in revenue each year. The utilities provider earns $233.43 million in net income (profit) each year or $2.74 on an earnings per share basis. New Jersey Resources employs 1,068 workers across the globe.View Additional Information About New Jersey Resources.
What is New Jersey Resources' official website?
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)
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.
