South Jersey Industries - SJI Stock Forecast, Price & News

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

South Jersey Industries, Inc. (NYSE:SJI) announced its earnings results on Thursday, February, 24th. The utilities provider reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.03. South Jersey Industries had a trailing twelve-month return on equity of 9.30% and a net margin of 5.99%. During the same quarter last year, the firm earned $0.62 EPS.

South Jersey Industries announced a quarterly dividend on Wednesday, November 23rd. Investors of record on Monday, December 19th will be paid a dividend of $0.31 per share on Tuesday, December 27th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend is Friday, December 16th.
Read our dividend analysis for SJI.

ETFs with the largest weight of South Jersey Industries (NYSE:SJI) stock in their portfolio include AltShares Event-Driven ET (EVNT), AltShares Merger Arbitrage ETF (ARB), Vanguard Russell 2000 Value Index Fund (VTWV), WisdomTree U.S. SmallCap Fund (EES) and Schwab Fundamental U.S. Small Company Index ETF (FNDA).Vanguard Utilities Index Fund (VPU).

South Jersey Industries (NYSE:SJI) pays an annual dividend of $1.24 per share and currently has a dividend yield of 3.44%. The dividend payout ratio is 64.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SJI will have a dividend payout ratio of 68.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SJI.

South Jersey Industries shares split on Monday, May 11th 2015. The 2-1 split was announced on Friday, February 27th 2015. The newly created shares were distributed to shareholders after the closing bell on Friday, May 8th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

15 employees have rated South Jersey Industries Chief Executive Officer Mike Renna on Glassdoor.com. Mike Renna has an approval rating of 54% among the company's employees. This puts Mike Renna in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other South Jersey Industries investors own include Exelon (EXC), AT&T (T), Energy Transfer (ET), New Jersey Resources (NJR), Southern (SO), Federal Realty Investment Trust (FRT), Altria Group (MO), Procter & Gamble (PG), Philip Morris International (PM) and Ventas (VTR).

South Jersey Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJI."

South Jersey Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Norges Bank (2.05%), Millennium Management LLC (2.04%), Sand Grove Capital Management LLP (1.90%), Geode Capital Management LLC (1.80%), Segantii Capital Management Ltd (1.39%) and Water Island Capital LLC (1.27%).
View institutional ownership trends.

One share of SJI stock can currently be purchased for approximately $36.09.

South Jersey Industries (NYSE:SJI) has a market capitalization of $4.42 billion and generates $1.99 billion in revenue each year. The utilities provider earns $88.09 million in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 1,173 workers across the globe.

South Jersey Industries' mailing address is 1 SOUTH JERSEY PLAZA, FOLSOM NJ, 08037. The official website for the company is www.sjindustries.com. The utilities provider can be reached via phone at (609) 561-9000, via email at dfidell@sjindustries.com, or via fax at 609-561-8225.