New Jersey Resources Corporation (NJR)

Market Cap	4.15B
Revenue (ttm)	1.71B
Net Income (ttm)	238.21M
Shares Out	98.30M
EPS (ttm)	2.44
PE Ratio	17.29
Forward PE	13.98
Dividend	$1.68 (3.98%)
Ex-Dividend Date	Mar 12, 2024

Volume	317,452
Open	41.64
Previous Close	41.55
Day's Range	41.51 - 42.41
52-Week Range	38.92 - 53.90
Beta	0.65
Analysts	Hold
Price Target	46.33 (+9.81%)
Earnings Date	May 7, 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

Financial Performance

In 2023, NJR'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 $46.33, which is an increase of 9.81% from the latest price.

Price Target

$46.33

(9.81% upside)

Analyst Consensus: Hold