New Jersey Resources Corporation (NJR)

NYSE: NJR · Real-Time Price · USD
47.98
-0.83 (-1.70%)
May 8, 2025, 4:00 PM EDT - Market closed
-1.70%
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]

Sector Utilities
Founded 1922
Employees 1,372
Stock Exchange NYSE
Ticker Symbol NJR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$51.4
(7.13% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

2 days ago - Seeking Alpha

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...

3 days ago - Business Wire

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...

15 days ago - Business Wire

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...

16 days ago - Business Wire

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...

17 days ago - Business Wire

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...

4 weeks ago - Business Wire

The Best Utility Stocks to Buy

Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here's how you can find the best ones to buy.

Other symbols: AEECMSDTEFEIDANIPEG
4 weeks ago - Kiplinger

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 ...

5 weeks ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

Other symbols: SPRU
5 months ago - Business Wire

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...

Other symbols: SPRU
5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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 ...

7 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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...

9 months ago - Seeking Alpha

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.

9 months ago - Business Wire