S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94

New Jersey Resources (NJR) Stock Forecast, Price & News

+0.36 (+0.82%)
(As of 05/13/2022 06:40 PM ET)
Today's Range
50-Day Range
52-Week Range
406,700 shs
Average Volume
566,700 shs
Market Capitalization
$4.23 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
Receive NJR News and Ratings via Email

Sign-up to receive the latest news and ratings for New Jersey Resources and its competitors with MarketBeat's FREE daily newsletter.

New Jersey Resources logo

About New Jersey Resources

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 Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers 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 Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.


See More Headlines

Industry, Sector and Symbol

Natural gas distribution
Gas Utilities
Year Founded

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$3.31 per share
Book Value
$18.56 per share


Net Income
$117.89 million
Pretax Margin




Free Float
Market Cap
$4.23 billion

Company Calendar

Ex-Dividend for 4/1 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 7/1 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End


Overall MarketRank

2.10 out of 5 stars

Utilities Sector

60th out of 119 stocks

Natural Gas Distribution Industry

9th out of 12 stocks

Analyst Opinion: 0.8Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

New Jersey Resources (NYSE:NJR) Frequently Asked Questions

Is New Jersey Resources a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Jersey Resources in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" New Jersey Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NJR, but not buy additional shares or sell existing shares.
View analyst ratings for New Jersey Resources
or view top-rated stocks.

Are investors shorting New Jersey Resources?

New Jersey Resources saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,480,000 shares, an increase of 30.5% from the April 15th total of 1,900,000 shares. Based on an average daily trading volume, of 552,900 shares, the days-to-cover ratio is presently 4.5 days. Currently, 2.6% of the shares of the company are sold short.
View New Jersey Resources' Short Interest

When is New Jersey Resources' next earnings date?

New Jersey Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for New Jersey Resources

How were New Jersey Resources' earnings last quarter?

New Jersey Resources Co. (NYSE:NJR) issued its quarterly earnings data on Thursday, May, 5th. The utilities provider reported $1.36 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.09. The utilities provider earned $912.32 million during the quarter, compared to analyst estimates of $877.88 million. New Jersey Resources had a trailing twelve-month return on equity of 11.06% and a net margin of 3.79%. The company's quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.77 EPS.
View New Jersey Resources' earnings history

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 Wednesday, April 20th. Investors of record on Wednesday, June 15th will be given a dividend of $0.363 per share on Friday, July 1st. This represents a $1.45 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date of this dividend is Tuesday, June 14th.
View New Jersey Resources' dividend history

Is New Jersey Resources a good dividend stock?

New Jersey Resources pays an annual dividend of $1.45 per share and currently has a dividend yield of 3.29%. New Jersey Resources has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of New Jersey Resources is 146.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, New Jersey Resources will have a dividend payout ratio of 59.43% next year. This indicates that New Jersey Resources will be able to sustain or increase its dividend.
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 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.

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

New Jersey Resources updated its FY 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of $2.30-$2.40 for the period, compared to the consensus earnings per share estimate of $2.27. The company issued revenue guidance of -.

What price target have analysts set for NJR?

2 brokers have issued 1-year price objectives for New Jersey Resources' stock. Their forecasts range from $39.00 to $45.00. On average, they anticipate New Jersey Resources' share price to reach $42.00 in the next year. This suggests that the stock has a possible downside of 4.6%.
View analysts' price targets for New Jersey Resources
or view top-rated stocks among Wall Street analysts.

Who are New Jersey Resources' key executives?
New Jersey Resources' management team includes the following people:
  • Mr. Stephen D. Westhoven, Pres, CEO & Director (Age 54, Pay $2.18M)
  • Ms. Amanda E. Mullan, Sr. VP & Chief HR Officer (Age 56, Pay $627.05k)
  • Mr. Patrick J. Migliaccio, Sr. VP & COO of New Jersey Natural Gas (Age 48, Pay $849.6k) (LinkedIn Profile)
  • Ms. Amy Cradic, Sr. VP and COO of Non-Utility Bus.es, Strategy & External Affairs (Age 50, Pay $689.55k)
  • Mr. Roberto F. Bel, Sr. VP and CFO (Age 49)
  • Ms. Jacqueline K. Shea, VP & Chief Information Officer (Age 58)
  • Mr. Richard Reich, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Robert Pohlman, VP of Strategy, Communications, Gov. Relations & Policy
  • Mr. David Johnson, VP of Corp. Bus. Devel. (Age 53)
  • Mr. Glenn C. Lockwood, Exec. VP (Age 61)
What is Laurence M. Downes' approval rating as New Jersey Resources' CEO?

10 employees have rated New Jersey Resources CEO Laurence M. Downes on Glassdoor.com. Laurence M. Downes has an approval rating of 100% among New Jersey Resources' employees. This puts Laurence M. Downes in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of New Jersey Resources' key competitors?
What other stocks do shareholders of New Jersey Resources own?
What is New Jersey Resources' stock symbol?

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

Who are New Jersey Resources' major shareholders?

New Jersey Resources' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.09%), Vanguard Group Inc. (11.19%), Dimensional Fund Advisors LP (2.90%), Bank of New York Mellon Corp (1.63%), First Trust Advisors LP (1.51%) and Massachusetts Financial Services Co. MA (1.48%). Company insiders that own New Jersey Resources stock include James H Degraffenreidt Jr, M William Howard Jr, Patrick J Migliaccio and Timothy F Shea.
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 First Trust Advisors LP, Lazard Asset Management LLC, Ontario Teachers Pension Plan Board, CWM LLC, John G Ullman & Associates Inc., JPMorgan Chase & Co., Northern Trust Corp, and Metropolitan Life Insurance Co NY. Company insiders that have sold New Jersey Resources company stock in the last year include M William Howard Jr, Patrick J Migliaccio, and Timothy F Shea.
View insider buying and selling activity for New Jersey Resources
or view top insider-selling stocks.

Which institutional investors are buying New Jersey Resources stock?

NJR stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Ergoteles LLC, Vanguard Group Inc., Ancora Advisors LLC, Dimensional Fund Advisors LP, Aaron Wealth Advisors LLC, APG Asset Management N.V., and Panagora Asset Management Inc..
View insider buying and selling activity for New Jersey Resources
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is New Jersey Resources' stock price today?

One share of NJR stock can currently be purchased for approximately $44.02.

How much money does New Jersey Resources make?

New Jersey Resources has a market capitalization of $4.23 billion and generates $2.16 billion in revenue each year. The utilities provider earns $117.89 million in net income (profit) each year or $0.989990 on an earnings per share basis.

How many employees does New Jersey Resources have?

New Jersey Resources employs 1,251 workers across the globe.

What is New Jersey Resources' official website?

The official website for New Jersey Resources is 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, via email at [email protected], or via fax at 732-938-3154.

This page was last updated on 5/16/2022 by MarketBeat.com Staff


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.