NYSE:SJISouth Jersey Industries Stock Price, Forecast & News

South Jersey Industries' stock was trading at $25.57 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SJI stock has increased by 9.4% and is now trading at $27.97. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South Jersey Industries in the last year. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for South Jersey Industries.

South Jersey Industries is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for South Jersey Industries.

South Jersey Industries Inc (NYSE:SJI) posted its earnings results on Wednesday, May, 6th. The utilities provider reported $1.15 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.12 by $0.03. The utilities provider had revenue of $534.11 million for the quarter, compared to the consensus estimate of $598.28 million. South Jersey Industries had a net margin of 6.05% and a return on equity of 7.31%. The business's quarterly revenue was down 16.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.09 earnings per share. View South Jersey Industries' earnings history.

South Jersey Industries announced a quarterly dividend on Monday, April 27th. Shareholders of record on Wednesday, June 10th will be given a dividend of $0.295 per share on Thursday, July 2nd. This represents a $1.18 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend is Tuesday, June 9th. View South Jersey Industries' dividend history.

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

South Jersey Industries issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of $1.50-1.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.49.

5 brokerages have issued 1-year price objectives for South Jersey Industries' shares. Their forecasts range from $24.00 to $36.00. On average, they anticipate South Jersey Industries' share price to reach $30.00 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for South Jersey Industries.

News headlines about SJI stock have been trending extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. South Jersey Industries earned a news sentiment score of -4.6 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutSouth Jersey Industries.

South Jersey Industries saw a increase in short interest in May. As of May 15th, there was short interest totaling 6,130,000 shares, an increase of 7.9% from the April 30th total of 5,680,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is presently 5.8 days. Approximately 6.7% of the shares of the stock are short sold. View South Jersey Industries' Current Options Chain.

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

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 LP Unit (ET), Altria Group (MO), New Jersey Resources (NJR), Procter & Gamble (PG), Southern (SO), Ford Motor (F), 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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.12%), State Street Corp (9.50%), Diamond Hill Capital Management Inc. (2.30%), Invesco Ltd. (2.19%), Massachusetts Financial Services Co. MA (1.91%) and First Trust Advisors LP (1.82%). Company insiders that own South Jersey Industries stock include Ann T Anthony, Michael J Renna, Sheila Hartnett-Devlin, Sunita Holzer and Walter M Higgins. View institutional ownership trends for South Jersey Industries.

SJI stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Paloma Partners Management Co, BlackRock Inc., Morgan Stanley, Morgan Stanley, Massachusetts Financial Services Co. MA, Accurate Investment Solutions Inc., and Wells Fargo & Company MN. View insider buying and selling activity for South Jersey Industries.

SJI stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Diamond Hill Capital Management Inc., Vident Investment Advisory LLC, First Trust Advisors LP, ClariVest Asset Management LLC, Geode Capital Management LLC, Thrivent Financial for Lutherans, and Moody Aldrich Partners LLC. Company insiders that have bought South Jersey Industries stock in the last two years include Ann T Anthony, Michael J Renna, Sunita Holzer, and Walter M Higgins. View insider buying and selling activity for South Jersey Industries.

Shares of SJI 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 SJI stock can currently be purchased for approximately $27.97.

South Jersey Industries has a market capitalization of $2.59 billion and generates $1.63 billion in revenue each year. The utilities provider earns $76.92 million in net income (profit) each year or $1.12 on an earnings per share basis. South Jersey Industries employs 1,100 workers across the globe.

The official website for South Jersey Industries is www.sjindustries.com.

South Jersey Industries' mailing address is 1 SOUTH JERSEY PLAZA, FOLSOM NJ, 08037. The utilities provider can be reached via phone at 609-561-9000 or via email at [email protected]