New Jersey Resources Corporation (NJR)

Market Cap	4.64B
Revenue (ttm)	1.80B
Net Income (ttm)	289.78M
Shares Out	99.77M
EPS (ttm)	2.92
PE Ratio	15.93
Forward PE	15.11
Dividend	$1.74 (3.74%)
Ex-Dividend Date	Dec 11, 2024

Volume	559,169
Open	45.84
Previous Close	46.03
Day's Range	45.79 - 46.70
52-Week Range	39.44 - 51.95
Beta	0.64
Analysts	Hold
Price Target	51.00 (+9.65%)
Earnings Date	Feb 4, 2025

About NJR

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to residential and commercial customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity...

• Industry: Utilities - Regulated Gas
• Sector: Utilities
• Founded: 1922
• Employees: 1,372
• Stock Exchange: NYSE
• Ticker Symbol: NJR
• Website: https://www.njresources.com

Financial Performance

In 2024, New Jersey Resources's revenue was $1.80 billion, a decrease of -8.48% compared to the previous year's $1.96 billion. Earnings were $289.78 million, an increase of 9.46%.

Analyst Forecast

According to 4 analysts, the average rating for NJR stock is "Hold." The 12-month stock price forecast is $51.0, which is an increase of 9.65% from the latest price.

Price Target

$51.0

(9.65% upside)

Analyst Consensus: Hold