About South Jersey Industries (NYSE:SJI)
South Jersey Industries, Inc. (SJI) is an energy services holding company. The Company provides a range of energy-related products and services, primarily through its subsidiaries. Its subsidiaries include South Jersey Gas Company (SJG), South Jersey Energy Company (SJE), South Jersey Resources Group, LLC (SJRG), South Jersey Exploration, LLC (SJEX), Marina Energy, LLC (Marina), South Jersey Energy Service Plus, LLC (SJESP) and SJI Midstream, LLC (Midstream). Its segments include Gas utility operations (SJG), which consist primarily of natural gas distribution; Wholesale energy operations, which include the activities of SJRG and SJEX; SJE, which is involved in both retail gas and retail electric activities; On-Site energy production, which consists of Marina's thermal energy facility; Appliance service operations, which include SJESP, and Corporate and Services segment, which includes the activities of Midstream.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Natural Gas Distribution
- Sub-Industry: Gas Utilities
- Symbol: NYSE:SJI
- CUSIP: 83851810
- Web: www.sjindustries.com
- Market Cap: $2.65694 billion
- Outstanding Shares: 79,337,000
- 50 Day Moving Avg: $34.94
- 200 Day Moving Avg: $35.40
- 52 Week Range: $28.04 - $38.40
Sales & Book Value:
- Trailing P/E Ratio: 31.01
- Foreward P/E Ratio: 22.98
- P/E Growth: 4.69
- Annual Revenue: $1.22 billion
- Price / Sales: 2.17
- Book Value: $16.12 per share
- Price / Book: 2.07
- Annual Dividend: $1.09
- Dividend Yield: 3.3%
- EBITDA: $261.72 million
- Net Margins: 7.02%
- Return on Equity: 7.71%
- Return on Assets: 2.68%
- Debt-to-Equity Ratio: 0.83%
- Current Ratio: 0.49%
- Quick Ratio: 0.41%
- Average Volume: 315,382 shs.
- Beta: 0.75
- Short Ratio: 7.55
Frequently Asked Questions for South Jersey Industries (NYSE:SJI)
What is South Jersey Industries' stock symbol?
South Jersey Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJI."
How often does South Jersey Industries pay dividends? What is the dividend yield for South Jersey Industries?
South Jersey Industries announced a quarterly dividend on Wednesday, August 30th. Stockholders of record on Monday, September 11th will be paid a dividend of $0.273 per share on Tuesday, October 3rd. This represents a $1.09 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Friday, September 8th. View South Jersey Industries' Dividend History.
When did South Jersey Industries' stock split? How did South Jersey Industries' stock split work?
Shares of South Jersey Industries split on Monday, May 11th 2015. The 2-1 split was announced on Friday, February 27th 2015. The newly created shares were issued to shareholders after the market closes 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.
How were South Jersey Industries' earnings last quarter?
South Jersey Industries, Inc. (NYSE:SJI) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.06 EPS for the quarter, hitting analysts' consensus estimates of $0.06. The firm had revenue of $244.37 million for the quarter, compared to analyst estimates of $179.63 million. South Jersey Industries had a return on equity of 7.71% and a net margin of 7.02%. During the same quarter in the previous year, the business posted $0.12 EPS. View South Jersey Industries' Earnings History.
When will South Jersey Industries make its next earnings announcement?
What guidance has South Jersey Industries issued on next quarter's earnings?
South Jersey Industries updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $1.14-1.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.20.
Where is South Jersey Industries' stock going? Where will South Jersey Industries' stock price be in 2017?
7 analysts have issued twelve-month target prices for South Jersey Industries' stock. Their predictions range from $35.00 to $40.00. On average, they anticipate South Jersey Industries' share price to reach $38.00 in the next year. View Analyst Ratings for South Jersey Industries.
What are analysts saying about South Jersey Industries stock?
Here are some recent quotes from research analysts about South Jersey Industries stock:
- 1. According to Zacks Investment Research, "South Jersey Inds Inc. is engaged in the business of operating, through subsidiaries, various business enterprises. The company's most significant subsidiary is South Jersey Gas Company (SJG). SJG is a public utility company engaged in the purchase, transmission and sale of natural gas for residential, commercial and industrial use. SJG also makes off-system sales of natural gas on a wholesale basis to various customers on the interstate pipeline system and transports natural gas. " (9/12/2017)
- 2. Hilliard Lyons analysts commented, "Our timing is influenced by a ~6% month-to-date pullback in March, weakest amongst our coverage, and a desire to get ahead of the Fed decision this afternoon, such to prepare investors to capitalize on any potential near-term volatility/opportunity."He added, "Exiting 2016, we hold increased confidence in SJI's commitment to refining the business mix (emphasis on regulated ops) and plausibility of the '2020 plan.'" (3/15/2017)
Who are some of South Jersey Industries' key competitors?
Who are South Jersey Industries' key executives?
South Jersey Industries' management team includes the folowing people:
- Walter M. Higgins III, Independent Chairman of the Board
- Michael J. Renna, President, Chief Executive Officer, Director
- Stephen H. Clark, Chief Financial Officer, Senior Vice President
- Jeffrey E. DuBois, Chief Operating Officer, Executive Vice President
- Kathleen A. McEndy, Senior Vice President, Chief Administrative Officer
- Kenneth A. Lynch, Senior Vice President, Chief Risk Officer
- Gregory M. Nuzzo, Senior Vice President, President - South Jersey Energy Solutions, Chief Operating Officer - South Jersey Energy Solutions
- David Robbins Jr., Senior Vice President, President of South Jersey Gas Company
- Gina Marie Merritt-Epps, Chief Governance Officer, Corporate Secretary
- Sarah M. Barpoulis, Independent Director
Who owns South Jersey Industries stock?
South Jersey Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Financial Architects Inc (0.01%). Company insiders that own South Jersey Industries stock include Gina Marie Merritt-Epps and Stephen H Clark. View Institutional Ownership Trends for South Jersey Industries.
Who sold South Jersey Industries stock? Who is selling South Jersey Industries stock?
How do I buy South Jersey Industries stock?
Shares of South Jersey Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is South Jersey Industries' stock price today?
MarketBeat Community Rating for South Jersey Industries (NYSE SJI)MarketBeat's community ratings are surveys of what our community members think about South Jersey Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of South Jersey Industries stock can currently be purchased for approximately $33.32.
Consensus Ratings for South Jersey Industries (NYSE:SJI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.43)|
|Consensus Price Target: ||$38.00 (14.05% upside)|Consensus Price Target History for South Jersey Industries (NYSE:SJI)
Analysts' Ratings History for South Jersey Industries (NYSE:SJI)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Williams Capital||Upgrade||Hold -> Buy||$36.00 -> $37.00||N/A|
|10/17/2017||Janney Montgomery Scott||Reiterated Rating||Buy||N/A|
|10/12/2017||J P Morgan Chase & Co||Boost Price Target||Neutral||$32.00 -> $35.00||N/A|
|9/8/2017||Morgan Stanley||Boost Price Target||Equal Weight||$39.00 -> $40.00||Low|
|3/15/2017||Hilliard Lyons||Upgrade||Neutral -> Buy||$40.00||Low|
|1/9/2017||Guggenheim||Downgrade||Buy -> Neutral||N/A|
|11/30/2016||US Capital Advisors||Downgrade||Buy -> Hold||N/A|
Earnings History for South Jersey Industries (NYSE:SJI)Earnings History by Quarter for South Jersey Industries (NYSE SJI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$0.06||$0.06||$179.63 million||$244.37 million||View||Listen|
|5/9/2017||Q1 2017||$0.81||$0.72||$329.50 million||$425.83 million||View||Listen|
|5/5/2016||Q1||$0.80||$0.80||$405.00 million||$333.04 million||View||Listen|
|2/29/2016||Q415||$0.67||$0.62||$288.00 million||$257.84 million||View||Listen|
|11/5/2015||Q315||$0.11||($0.07)||$135.00 million||$141.06 million||View||Listen|
|8/7/2015||Q215||$0.12||$0.03||$140.00 million||$177.71 million||View||Listen|
|5/8/2015||Q115||$0.88||$0.86||$352.50 million||$382.95 million||View||Listen|
|11/7/2014||Q314||$0.04||($0.10)||$143.50 million||$122.43 million||View||Listen|
|5/3/2013||Q1 2013||$1.35||$274.83 million||$255.63 million||View||N/A|
|2/28/2013||Q4 2012||$1.05||$0.98||$212.99 million||View||N/A|
Earnings Estimates for South Jersey Industries (NYSE:SJI)
2017 EPS Consensus Estimate: $1.22
2018 EPS Consensus Estimate: $1.47
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for South Jersey Industries (NYSE:SJI)
|Most Recent Dividend:||10/3/2017|
|Dividend Growth:||5.70% (3 Year Average)|
|Payout Ratio:||101.87% (Trailing 12 Months of Earnings) |
91.60% (Based on This Year's Estimates)
75.17% (Based on Next Year's Estimates)
Dividend History by Quarter for South Jersey Industries (NYSE SJI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for South Jersey Industries (NYSE:SJI)
Insider Ownership Percentage: 0.60%Insider Trades by Quarter for South Jersey Industries (NYSE:SJI)
Institutional Ownership Percentage: 69.48%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/3/2017||Gina Marie Merritt-Epps||Insider||Sell||2,000||$35.55||$71,100.00|| |
|4/1/2016||Gina Marie Merritt-Epps||Insider||Sell||2,000||$28.35||$56,700.00|| |
|3/28/2016||Stephen H Clark||CFO||Sell||2,000||$27.80||$55,600.00|| |
|8/18/2015||Victor Fortkiewicz||Director||Buy||1,000||$25.82||$25,820.00|| |
|3/11/2015||Frank L Sims||Director||Buy||5,000||$52.60||$263,000.00|| |
|9/17/2014||Frank L Sims||Director||Buy||5,000||$54.78||$273,900.00|| |
|8/26/2014||Frank L Sims||Director||Buy||4,436||$57.34||$254,360.24|| |
|8/20/2014||Frank L Sims||Director||Buy||5,564||$57.60||$320,486.40|| |
|6/5/2014||Jeffrey E Dubois||SVP||Sell||1,785||$58.35||$104,154.75|| |
|3/6/2014||Kevin Patrick||VP||Sell||4,877||$54.15||$264,089.55|| |
|8/20/2013||Joseph Petrowski||Director||Buy||1,000||$58.16||$58,160.00|| |
|8/19/2013||Frank L Sims||Director||Buy||2,700||$57.68||$155,736.00|| |
|8/14/2013||Frank L Sims||Director||Buy||4,500||$59.99||$269,955.00|| |
|8/14/2013||Kevin Patrick||VP||Sell||1,200||$60.06||$72,072.00|| |
|5/22/2013||David A Kindlick||VP||Sell||3,500||$61.09||$213,815.00|| |
|5/15/2013||Joseph Petrowski||Director||Buy||1,000||$59.78||$59,780.00|| |
|3/26/2013||Jeffrey E Dubois||SVP||Sell||2,957||$54.90||$162,339.30|| |
|3/25/2013||Joseph Petrowski||Director||Buy||1,000||$54.72||$54,720.00|| |
|3/25/2013||Stephen H Clark||VP||Sell||2,000||$54.71||$109,420.00|| |
|3/13/2013||Edward J Graham||Insider||Sell||7,050||$55.48||$391,134.00|| |
|12/3/2012||Joseph Petrowski||Director||Buy||1,000||$49.90||$49,900.00|| |
|11/19/2012||Sarah Morrison Barpoulis||Director||Buy||1,000||$47.39||$47,390.00|| |
|11/16/2012||Sunita Holzer||Director||Buy||1,064||$46.73||$49,720.72|| |
|11/15/2012||Frank L Sims||Director||Buy||2,000||$46.29||$92,580.00|| |
Headline Trends for South Jersey Industries (NYSE:SJI)
Latest Headlines for South Jersey Industries (NYSE:SJI)
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South Jersey Industries (SJI) Chart for Tuesday, October, 24, 2017