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

$45.10
+0.02 (+0.04 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$44.68
Now: $45.10
$45.51
50-Day Range
$43.95
MA: $46.26
$50.56
52-Week Range
$43.51
Now: $45.10
$51.83
Volume342,259 shs
Average Volume376,842 shs
Market Capitalization$4.06 billion
P/E Ratio16.46
Dividend Yield2.60%
Beta0.37
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
Phone732-938-1480

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.92 billion
Cash Flow$3.6967 per share
Book Value$16.07 per share

Profitability

Net Income$233.43 million

Miscellaneous

Employees1,068
Market Cap$4.06 billion
Next Earnings Date11/19/2019 (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 announced a quarterly dividend on Tuesday, July 9th. Investors of record on Friday, September 20th will be paid 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 on the morning of 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.

How were New Jersey Resources' earnings last quarter?

New Jersey Resources Corp (NYSE:NJR) announced its earnings results on Tuesday, August, 6th. The utilities provider reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.32. The utilities provider earned $434.94 million during the quarter, compared to analyst estimates of $592.80 million. New Jersey Resources had a net margin of 4.90% and a return on equity of 7.93%. The business's revenue for the quarter was down 20.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.09) 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 19th 2019. View Earnings Estimates for New Jersey Resources.

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 EPS guidance of $1.95-2.05 for the period, compared to the Thomson Reuters consensus estimate of $2.00.

What price target have analysts set for NJR?

2 brokerages have issued 12-month price targets for New Jersey Resources' stock. Their predictions range from $47.00 to $47.00. On average, they expect New Jersey Resources' share price to reach $47.00 in the next twelve months. This suggests a possible upside of 4.2% 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?

News coverage about NJR stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. New Jersey Resources earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company'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 investors 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 major 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 major 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 $45.10.

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?

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 732-938-1480 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:  260 (Vote Outperform)
Underperform Votes:  303 (Vote Underperform)
Total Votes:  563
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 9/15/2019 by MarketBeat.com Staff

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