New Jersey Resources Corporation (NJR)
Market Cap | 4.82B |
Revenue (ttm) | 2.07B |
Net Income (ttm) | 415.16M |
Shares Out | 100.37M |
EPS (ttm) | 4.14 |
PE Ratio | 11.59 |
Forward PE | 16.35 |
Dividend | $1.80 (3.75%) |
Ex-Dividend Date | Jun 10, 2025 |
Volume | 524,633 |
Open | 48.80 |
Previous Close | 48.81 |
Day's Range | 47.95 - 48.80 |
52-Week Range | 41.58 - 51.95 |
Beta | 0.68 |
Analysts | Hold |
Price Target | 51.40 (+7.13%) |
Earnings Date | May 5, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for NJR stock is "Hold." The 12-month stock price forecast is $51.4, which is an increase of 7.13% from the latest price.
News

New Jersey Resources Corporation (NJR) Q2 2025 Earnings Call Transcript
New Jersey Resources Corporation (NYSE:NJR) Q2 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Adam Prior - Director of Investor Relations Steve Westhoven - President and C...

New Jersey Resources Reports Fiscal 2025 Second-Quarter Results
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 second quarter ended March 31, 2025. Highlights include: Fi...

New Jersey Natural Gas Expands Workforce Development Programs with Isles, Inc.
WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG) today announced the opening of the company's SAVEGREEN® Innovation and Training Annex in Atlantic Highlands, New Jersey, Monmouth County. The...

New Jersey Resources Highlights the Success of the Coastal Climate Initiative in Celebration of Earth Day
WALL, N.J.--(BUSINESS WIRE)--Created to help raise awareness about important environmental issues affecting the world around us, Earth Day has grown into a call to action to promote conservation, adva...

William T. Yardley Elected to the Board of Directors of New Jersey Resources
WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of William T. Yardley to the board, effective July 1, 2025. “Bill Yardley...

New Jersey Resources Schedules Fiscal 2025 Second Quarter Earnings Call
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 20...

New Jersey Resources Appears Well-Positioned For Double-Digit Returns
New Jersey Resources shows consistent earnings growth, rising dividends, and a positive track record with its state utility board when rate increases are necessary. NJR not only looks attractive as a ...

New Jersey Resources Corporation (NJR) Q1 2025 Earnings Call Transcript
New Jersey Resources Corporation (NYSE:NJR) Q1 2025 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Adam Prior – Director-Investor Relations Steve Westhoven – President and...

New Jersey Resources Reports Fiscal 2025 First-Quarter Results
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 first quarter ended December 31, 2024. Regulatory and Opera...

New Jersey Resources Board of Directors Declares Quarterly Dividend
WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $0.45 per share. The ...

New Jersey Resources Hosts 72nd Annual Meeting
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), today hosted its 72nd Annual Shareowners Meeting. At the virtual meeting, shareowners elected Gregory E. Aliff, Thomas C. O'Connor and Mi...

New Jersey Resources Announces $50,000 Pledge to Launch Rutgers University's First Vibrant Communities Sustainability & Resiliency Project
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), today announced a new collaborative effort with Rutgers University and its School of...

New Jersey Resources Schedules Fiscal 2025 First Quarter Earnings Call
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 20...

New Jersey Resources Corporation (NJR) Q4 2024 Earnings Call Transcript
New Jersey Resources Corporation (NYSE:NJR) Q4 2024 Earnings Call Transcript November 26, 2024 10:00 AM ET Company Participants Adam Prior - Director of IR Steve Westhoven - President and CEO Roberto...

New Jersey Resources Reports Fiscal 2024 Fourth-Quarter and Year-End Results
WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the fiscal 2024 fourth quarter and year-ended September 30, 2024. Financial highlights include: Fi...

Spruce Power Announces Acquisition of Residential Solar Portfolio from NJR Clean Energy Ventures, Adding Nearly 9,800 Customers in New Jersey
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures (“CEV...

NJR Clean Energy Ventures Announces Sale of Residential Solar Business
WALL, N.J.--(BUSINESS WIRE)--NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources (NYSE: NJR), today announced the sale of its 91 megawatt (MW) residential solar portfoli...

New Jersey Board of Public Utilities Approves New Rates for New Jersey Natural Gas
WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG) today received approval from the New Jersey Board of Public Utilities on the settlement of its base rate case resulting in a $157 million inc...

New Jersey Natural Gas Receives Approval for Its Largest Ever Energy-efficiency Program
WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), today received approval from the New Jersey Board of Public Utilities (BPU) fo...

New Jersey Resources Schedules Fiscal 2024 Fourth Quarter and Year-End Earnings Call
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 20...

New Jersey Resources: Still A Buy After Its Recent Dividend Hike
Last month, New Jersey Resources upped its quarterly dividend per share for the 29th consecutive year. The natural gas utility missed analyst expectations for total operating revenue and consolidated ...

New Jersey Resources Board of Directors Increases Dividend by 7.1% to $0.45 Per Share
WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved a 7.1 percent increase in the quarterly dividend rate to $0.45 pe...

New Jersey Resources Corporation (NJR) Q3 2024 Earnings Call Transcript
New Jersey Resources Corporation (NYSE:NJR) Q3 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Adam Prior - Head of Investor Relations Steve Westhoven - President and Chi...

25 Snack Food Suppliers Queue Up for ReposiTrak's Rapidly Expanding Food Traceability Network
SALT LAKE CITY--(BUSINESS WIRE)--As regulatory deadlines approach, 25 snack food suppliers align with ReposiTrak for its state-of-the-art, hardware-free traceability solutions.