NYSE:NJRNew Jersey Resources Stock Price, Forecast & News

New Jersey Resources' stock was trading at $33.18 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NJR stock has decreased by 6.5% and is now trading at $31.03. View which stocks have been most impacted by Coronavirus.

3 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for New Jersey Resources.

New Jersey Resources is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for New Jersey Resources.

New Jersey Resources Corp (NYSE:NJR) posted its earnings results on Friday, May, 8th. The utilities provider reported $1.12 EPS for the quarter, missing the Zacks' consensus estimate of $1.43 by $0.31. The utilities provider earned $639.60 million during the quarter, compared to analyst estimates of $881.60 million. New Jersey Resources had a return on equity of 9.11% and a net margin of 8.65%. The firm's revenue for the quarter was down 26.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.27 earnings per share. View New Jersey Resources' earnings history.

New Jersey Resources announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.313 per share on Wednesday, July 1st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend is Monday, June 15th. View New Jersey Resources' dividend history.

New Jersey Resources's stock split on the morning of Wednesday, March 4th 2015. The 2-1 split was announced on Wednesday, January 21st 2015. The newly created 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.

New Jersey Resources updated its FY20 earnings guidance on Friday, May, 8th. The company provided earnings per share guidance of $2.05 to $2.15 for the period, compared to the Thomson Reuters consensus estimate of $2.10.

3 analysts have issued 1-year price targets for New Jersey Resources' shares. Their forecasts range from $38.00 to $38.00. On average, they anticipate New Jersey Resources' share price to reach $38.00 in the next year. This suggests a possible upside of 22.5% from the stock's current price. View analysts' price targets for New Jersey Resources.

News articles about NJR stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Jersey Resources earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about New Jersey Resources.

Some companies that are related to New Jersey Resources include Atmos Energy (ATO), ONEOK (OKE), UGI (UGI), Southwest Gas (SWX), National Fuel Gas (NFG), South Jersey Industries (SJI), Northwest Natural (NWN) and Chesapeake Utilities (CPK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other New Jersey Resources investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Ford Motor (F), AT&T (T), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), SunCoke Energy Partners (SXCP) and Centurylink (CTL).

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

New Jersey Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.56%), Cox Capital Mgt LLC (0.02%), Legacy Advisors LLC (0.02%) and Ellevest Inc. (0.00%). Company insiders that own New Jersey Resources stock include David A Trice, Donald L Correll, Jane M Kenny, Laurence M Downes, M William Howard Jr, M William Howard, Jr and Patrick J Migliaccio. View institutional ownership trends for New Jersey Resources.

NJR stock was sold by a variety of institutional investors in the last quarter, including Legacy Advisors LLC. Company insiders that have sold New Jersey Resources company stock in the last year include Donald L Correll, Laurence M Downes, and Patrick J Migliaccio. View insider buying and selling activity for New Jersey Resources.

NJR stock was purchased by a variety of institutional investors in the last quarter, including Cox Capital Mgt LLC, Confluence Investment Management LLC, and Ellevest Inc.. View insider buying and selling activity for 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.

One share of NJR stock can currently be purchased for approximately $31.03.

New Jersey Resources has a market capitalization of $2.97 billion and generates $2.59 billion in revenue each year. The utilities provider earns $169.51 million in net income (profit) each year or $1.95 on an earnings per share basis. New Jersey Resources employs 1,108 workers across the globe.

The official website for New Jersey Resources is www.njresources.com.

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 or via email at [email protected]