New Jersey Resources Corporation (NJR)
Stock Price:
$33.31 USD
0.28 (0.85%)
Updated December 1, 9:32 AM EST - Market open
Key Info
| Market Cap |
3.20B |
| Revenue (ttm) |
1.95B |
| Net Income (ttm) |
193.92M |
| Shares Out |
95.93M |
| EPS (ttm) |
1.80 |
| PE Ratio |
18.51 |
| Forward PE |
16.16 |
| Dividend |
$1.33 |
| Dividend Yield |
3.99% |
Stock Quote
| Trading Day |
December 1 |
| Last Price |
$33.31 |
| Previous Close |
$33.03 |
| Change ($) |
0.28 |
| Change (%) |
0.85% |
| Day's Open |
35.35 |
| Day's Range |
33.31 - 33.54 |
| Day's Volume |
986,496 |
| 52-Week Range |
24.07 - 44.04 |
More Stats
| Market Cap |
3.20B |
| Enterprise Value |
5.59B |
| Earnings Date (est) |
n/a |
| Ex-Dividend Date |
Sep 21, 2020 |
| Shares Outstanding |
95.93M |
| Float |
n/a |
| EPS (basic) |
2.05 |
| EPS (diluted) |
1.80 |
| FCF / Share |
-2.48 |
| Dividend |
$1.33 |
| Dividend Yield |
3.99% |
| Earnings Yield |
5.40% |
| FCF Yield |
n/a |
| Payout Ratio |
62.00% |
| Shares Short |
2.36M |
| Short Ratio |
3.66 |
| Short % of Float |
n/a |
| Beta |
0.35 |
| PE Ratio |
18.51 |
| Forward PE |
16.16 |
| P/FCF Ratio |
n/a |
| PS Ratio |
1.64 |
| PB Ratio |
1.95 |
| Revenue |
1.95B |
| Operating Income |
216.38M |
| Net Income |
193.92M |
| Free Cash Flow |
-234.63M |
| Net Cash |
-2.40B |
| Net Cash / Share |
-24.98 |
| Gross Margin |
14.31% |
| Operating Margin |
11.08% |
| Profit Margin |
9.90% |
| FCF Margin |
-12.01% |
| ROA |
2.14% |
| ROE |
9.89% |
| ROIC |
3.80% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (7)
| Buy |
3 |
| Overweight |
0 |
| Hold |
3 |
| Underweight |
1 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$28.67*
(-13.93% downside)
Low
28.0
Current: $33.31
High
29.0
Target: 28.67
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|
| Revenue | 1,954 | 2,592 | 2,915 | 2,269 | 1,881 | 2,734 | 3,738 | 3,198 | 2,249 | 3,009 |
| Revenue Growth | -24.63% | -11.08% | 28.5% | 20.61% | -31.2% | -26.86% | 16.89% | 42.2% | -25.27% | - |
| Gross Profit | 371 | 280 | 325 | 343 | 320 | 439 | 383 | 312 | 236 | 296 |
| Operating Income | 216 | 154 | 200 | 171 | 168 | 248 | 201 | 159 | 109 | 143 |
| Net Income | 194 | 170 | 233 | 132 | 132 | 181 | 142 | 115 | 92.88 | 101 |
| Shares Outstanding | 94.80 | 89.24 | 87.69 | 86.32 | 85.88 | 85.19 | 84.20 | 83.32 | 83.05 | 82.72 |
| Earnings Per Share | 2.04 | 1.89 | 2.64 | 1.52 | 1.52 | 2.10 | 1.67 | 1.37 | 1.12 | 1.22 |
| EPS Growth | 7.94% | -28.41% | 73.68% | 0% | -27.62% | 25.75% | 21.9% | 22.87% | -8.61% | - |
| Dividend Per Share | 1.27 | 1.19 | 1.11 | 1.02 | 0.96 | 0.90 | 1.07 | 1.01 | 0.96 | 0.72 |
| Dividend Growth | 6.72% | 7.11% | 8.92% | 6.25% | 6.67% | -15.49% | 5.45% | 5.21% | 33.33% | - |
| Operating Cash Flow | 213 | 194 | 398 | 248 | 143 | 391 | 358 | 114 | 51.08 | 250 |
| Capital Expenditures | -448 | -486 | -337 | -286 | -326 | -292 | -258 | -170 | -194 | -166 |
| Free Cash Flow | -235 | -292 | 61.34 | -38.45 | -184 | 99.15 | 100 | -55.61 | -143 | 84.49 |
| Cash & Equivalents | 117 | 2.68 | 1.46 | 2.23 | 37.55 | 4.93 | 2.15 | 2.97 | 4.51 | 7.44 |
| Total Debt | 2,514 | 1,584 | 1,456 | 1,428 | 1,238 | 921 | 934 | 947 | 813 | 594 |
| Net Cash / Debt | -2,397 | -1,581 | -1,455 | -1,426 | -1,201 | -916 | -932 | -944 | -808 | -586 |
| Assets | 5,570 | 4,373 | 4,144 | 3,929 | 3,719 | 3,284 | 3,159 | 3,005 | 2,770 | 2,649 |
| Liabilities | 3,725 | 2,821 | 2,725 | 2,692 | 2,552 | 2,177 | 2,193 | 2,117 | 1,956 | 1,873 |
| Book Value | 1,845 | 1,552 | 1,419 | 1,237 | 1,167 | 1,107 | 966 | 887 | 814 | 776 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
New Jersey Resources Corporation |
| Country |
United States |
| Employees |
1,100 |
| CEO |
Stephen D. Westhoven |
Stock Information
| Ticker Symbol |
NJR |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Utilities |
| Industry |
Utilities—Regulated Gas |
| Unique Identifier |
NYSE: NJR |
Description
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 547,600 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in commercial and residential solar projects located in New Jersey; and onshore wind projects. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Midstream segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was founded in 1922 and is based in Wall, New Jersey.