NYSE:SJISouth Jersey Industries Stock Price, Forecast & News

$28.36

+0.22 (+0.78 %)

(As of 06/1/2020 04:00 PM ET)

Add

Compare

Today's Range

$27.53

Now: $28.36▼

$28.53

50-Day Range

$24.50

MA: $26.91▼

$29.63

52-Week Range

$19.62

Now: $28.36▼

$34.48

Volume1.08 million shs

Average Volume1.04 million shs

Market Capitalization$2.62 billion

P/E Ratio25.32

Dividend Yield4.16%

Beta0.79

South Jersey Industries, Inc., through its subsidiaries, provides energy-related products and services. The company engages in the purchase, transmission, and sale of natural gas. It also sells natural gas and pipeline transportation capacity on a wholesale basis to residential, commercial, and industrial customers on the interstate pipeline system, as well as transports natural gas, which is purchased directly from producers or suppliers to their customers. As of December 31, 2018, the company had approximately 146.2 miles of mains in the transmission system and 6,567 miles of mains in the distribution system; and served 391,092 residential, commercial, and industrial customers in southern New Jersey. In addition, it markets natural gas storage, commodity, and transportation assets on a wholesale basis for energy marketers, electric and gas utilities, power plants, and natural gas producers in the mid-Atlantic, Appalachian, and southern regions of the United States. Further, the company develops, owns, and operates energy projects comprising natural gas fueled combined heating, cooling and power, and landfill gas-to-energy production facilities, as well as solar-generation sites. Additionally, it owns oil, gas, and mineral rights in the Marcellus Shale region of Pennsylvania; acquires and markets natural gas and electricity to retail end users, as well as provides total energy management services; and services residential and small commercial HVAC systems, and installs small commercial HVAC systems, as well as provides plumbing services and services appliances. South Jersey Industries, Inc. was founded in 1910 and is headquartered in Folsom, New Jersey.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
South Jersey Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 1 hold rating, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, South Jersey Industries has a potential upside of 5.8% from its current price of $28.36.
Amount of Analyst Coverage
South Jersey Industries has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
South Jersey Industries has received 304 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
South Jersey Industries has received 318 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
South Jersey Industries has received 51.13% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about South Jersey Industries and other stocks. Vote “Outperform” if you believe SJI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SJI will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
South Jersey Industries is a leading dividend payer. It pays a dividend yield of 4.16%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
South Jersey Industries has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of South Jersey Industries is 105.36 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, South Jersey Industries will have a dividend payout ratio of 69.41 % next year. This indicates that South Jersey Industries will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, South Jersey Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $195,336.00 in company stock.
Percentage Held by Insiders
Only 0.67% of the stock of South Jersey Industries is held by insiders.
Percentage Held by Institutions
84.64% of the stock of South Jersey Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for South Jersey Industries are expected to grow by 12.58% in the coming year, from $1.51 to $1.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of South Jersey Industries is 25.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of South Jersey Industries is 25.32, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.72.
Price to Earnings Growth Ratio
South Jersey Industries has a PEG Ratio of 1.84. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
South Jersey Industries has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.63 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Natural gas distribution

Sub-IndustryGas Utilities

SectorUtilities

Current SymbolNYSE:SJI

Previous Symbol

CUSIP83851810

CIK91928

Webwww.sjindustries.com

Phone609-561-9000

Debt

Debt-to-Equity Ratio1.38

Current Ratio0.30

Quick Ratio0.27

Price-To-Earnings

Trailing P/E Ratio25.32

Forward P/E Ratio18.78

P/E Growth1.84

Sales & Book Value

Annual Sales$1.63 billion

Price / Sales1.61

Cash Flow$2.56 per share

Price / Cash Flow11.08

Book Value$15.41 per share

Price / Book1.84

Profitability

EPS (Most Recent Fiscal Year)$1.12

Net Income$76.92 million

Net Margins6.05%

Return on Equity7.31%

Return on Assets1.71%

Miscellaneous

Employees1,100

Outstanding Shares92,462,000

Market Cap$2.62 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

Receive SJI News and Ratings via Email

Sign-up to receive the latest news and ratings for SJI and its competitors with MarketBeat's FREE daily newsletter.

South Jersey Industries (NYSE:SJI) Frequently Asked Questions

How has South Jersey Industries' stock been impacted by COVID-19 (Coronavirus)?

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 10.9% and is now trading at $28.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of South Jersey Industries?

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.

When is South Jersey Industries' next earnings date?

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.

How were South Jersey Industries' earnings last quarter?

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

How often does South Jersey Industries pay dividends? What is the dividend yield for South Jersey Industries?

South Jersey Industries declared a quarterly dividend on Monday, April 27th. Investors of record on Wednesday, June 10th will be paid a dividend of $0.295 per share on Thursday, July 2nd. This represents a $1.18 annualized dividend and a yield of 4.16%. The ex-dividend date is Tuesday, June 9th. View South Jersey Industries' dividend history.

When did South Jersey Industries' stock split? How did South Jersey Industries' stock split work?

South Jersey Industries's stock split before market open 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 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.

What guidance has South Jersey Industries issued on next quarter's earnings?

South Jersey Industries updated 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 earnings per share estimate of $1.49.

What price target have analysts set for SJI?

5 Wall Street analysts have issued 12 month price targets for South Jersey Industries' stock. 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 5.8% from the stock's current price. View analysts' price targets for South Jersey Industries.

Has South Jersey Industries been receiving favorable news coverage?

Headlines about SJI stock have trended very negative on Monday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. South Jersey Industries earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press 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.

Are investors shorting South Jersey Industries?

South Jersey Industries saw a increase in short interest during the month of 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 short-interest ratio is currently 5.8 days. Currently, 6.7% of the shares of the stock are short sold. View South Jersey Industries' Current Options Chain.

Who are some of South Jersey Industries' key competitors?

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.

What other stocks do shareholders of South Jersey Industries own?

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).

Who are South Jersey Industries' key executives?

South Jersey Industries' management team includes the following people:

Mr. Michael J. Renna, Pres, CEO & Director (Age 51)
Ms. Kathleen A. McEndy, Sr. VP & Chief Admin. Officer (Age 65)
Ms. Melissa J. Orsen, Sr. VP & Gen. Counsel (Age 43)
Mr. Stephen H. Clark, Exec. VP (Age 61)
Mr. David Robbins Jr., CPA, Sr. VP (Age 56)

What is South Jersey Industries' stock symbol?

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

Who are South Jersey Industries' major shareholders?

South Jersey Industries' stock is owned by a number of institutional and retail 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.

Which major investors are selling South Jersey Industries stock?

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.

Which major investors are buying South Jersey Industries stock?

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.

How do I buy shares of 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.

What is South Jersey Industries' stock price today?

One share of SJI stock can currently be purchased for approximately $28.36.

How big of a company is South Jersey Industries?

South Jersey Industries has a market capitalization of $2.62 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.

What is South Jersey Industries' official website?

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

How can I contact South Jersey Industries?

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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff