New Jersey Resources Corporation (NJR)

Market Cap	4.84B
Revenue (ttm)	1.73B
Net Income (ttm)	235.67M
Shares Out	99.17M
EPS (ttm)	2.38
PE Ratio	20.47
Forward PE	15.13
Dividend	$1.80 (3.69%)
Ex-Dividend Date	Sep 23, 2024

Volume	255,840
Open	48.51
Previous Close	48.74
Day's Range	48.26 - 48.85
52-Week Range	39.44 - 48.85
Beta	0.61
Analysts	Hold
Price Target	49.00 (+0.43%)
Earnings Date	Nov 25, 2024

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 approximately 576,000 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 rele...

• Industry: Utilities - Regulated Gas
• Sector: Utilities
• Founded: 1922
• Employees: 1,350
• Stock Exchange: NYSE
• Ticker Symbol: NJR
• Website: https://www.njresources.com

Financial Performance

In 2023, New Jersey Resources's revenue was $1.96 billion, a decrease of -32.45% compared to the previous year's $2.91 billion. Earnings were $264.72 million, a decrease of -3.71%.

Analyst Forecast

According to 3 analysts, the average rating for NJR stock is "Hold." The 12-month stock price forecast is $49.0, which is an increase of 0.43% from the latest price.

Price Target

$49.0

(0.43% upside)

Analyst Consensus: Hold