New Jersey Resources Corporation (NJR)
| Market Cap | 4.29B |
| Revenue (ttm) | 2.49B |
| Net Income (ttm) | 94.38M |
| Shares Out | 96.15M |
| EPS (ttm) | 1.54 |
| PE Ratio | 29.00 |
| Forward PE | 19.57 |
| Dividend | $1.42 (3.19%) |
| Ex-Dividend Date | Jun 14, 2022 |
| Volume | 376,577 |
| Open | 44.11 |
| Previous Close | 44.02 |
| Day's Range | 43.89 - 44.78 |
| 52-Week Range | 34.41 - 47.50 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 48.28 (+8.2%) |
| Earnings Date | May 5, 2022 |
About NJR
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 Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity an...
Financial Performance
In 2021, NJR's revenue was $2.16 billion, an increase of 10.39% compared to the previous year's $1.95 billion. Earnings were $117.89 million, a decrease of -27.68%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for NJR stock is "Buy." The 12-month stock price forecast is 48.28, which is an increase of 8.18% from the latest price.
News
New Jersey Resources (NJR) Tops Q2 Earnings and Revenue Estimates
New Jersey Resources (NJR) delivered earnings and revenue surprises of 7.09% and 23.83%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
New Jersey Resources Reports Second-Quarter Fiscal 2022 Results and Increases Net Financial Earnings Guidance for Fis...
WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the second-quarter of fiscal 2022. Highlights include: Consolidated net income of $96.0 million, com...
Analysts Estimate New Jersey Resources (NJR) to Report a Decline in Earnings: What to Look Out for
New Jersey Resources (NJR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Has NewJersey Resources (NJR) Outpaced Other Utilities Stocks This Year?
Here is how New Jersey Resources (NJR) and OGE Energy (OGE) have performed compared to their sector so far this year.
New Jersey Resources Marks Earth Day 2022 With Sustainability Progress
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), parent company of New Jersey Natural Gas (NJNG), today marked Earth Day 2022 by announcing its membership in the Corporate Stewardship Coun...
New Jersey Resources Board of Directors Declares Quarterly Dividend
WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources Corporation (NYSE: NJR) (the “Company” or “NJR”) unanimously declared a quarterly dividend on its common stock of $0.3625 per ...
New Jersey Resources Schedules Fiscal 2022 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 2022...
NJR or ATO: Which Is a Better Utility Gas Distribution Stock?
At present, Atmos Energy (ATO) appears to be a better choice in the natural gas distribution stock when compared with New Jersey Resources (NJR).
5 High-Yielding Mid Cap Stocks to Buy Amid Global Uncertainty
We have narrowed our search to five mid-cap stocks with strong growth potential for 2022. These are: CBT, HII, HP, DTM and NJR.
4 Reasons to Add New Jersey Resources (NJR) to Your Portfolio
New Jersey Resources (NJR) rising earnings estimates, strong investment plans and stable cash flows make a strong case for investments in the gas distribution space.
New Jersey Resources (NJR) Beats Q1 Earnings and Revenue Estimates
New Jersey Resources (NJR) delivered earnings and revenue surprises of 16.95% and 52.26%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
New Jersey Resources Reports First-Quarter Fiscal 2022 Results
WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the first-quarter of fiscal 2022. Highlights include: Consolidated net income of $111.3 million for ...
New Jersey Resources (NJR) Reports Next Week: Wall Street Expects Earnings Growth
New Jersey Resources (NJR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
4 Stocks to Watch in a Prospering Gas Distribution Industry
The near-term prospects of the Zacks Gas Distribution industry look promising. The gradual improvement in production and demand for natural gas will drive the performance of SRE, ATO, NFG and NJR.
New Jersey Resources Highlights Sustainability Agenda at Annual Shareowners Meeting
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Highlights Sustainability Agenda
New Jersey Resources Hosts 69th Annual Meeting; Shareowners Elect Three Directors
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), today hosted its 69th Annual Shareowners Meeting. Due to the ongoing COVID-19 pandemic, the meeting was held virtually. By an overwhelming ...
New Jersey Resources Schedules Fiscal 2022 First-Quarter Earnings Call
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) schedules fiscal 2022 first-quarter earnings call for Thursday, February 3, 2022 at 10 a.m. ET
Reasons to Add New Jersey Resources (NJR) to Your Portfolio
New Jersey Resources (NJR) makes a strong case for investment, given its positive estimates movement and solid investment plan.
New Jersey Resources Announces Executive Promotions and Key Leadership Changes
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) today announced a series of executive and senior leadership promotions that position the company to execute on its growth strategy, sustaina...
3 Under-the-Radar Stocks to Buy in December
These lesser-known companies offer an intriguing blend of income and upside opportunity.
Steep Rise in Natural Gas Prices Prompts New Jersey Natural Gas to Implement a 5% Increase to Cover Wholesale Commodi...
WALL, N.J.--(BUSINESS WIRE)--Due to a significant increase in wholesale natural gas prices, today New Jersey Natural Gas (NJNG) filed a notice with the New Jersey Board of Public Utilities (BPU) for a 5...
New Jersey Resources (NJR) Q4 Earnings Lag Estimates
New Jersey Resources (NJR) delivered earnings and revenue surprises of -12.50% and 39.94%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
New Jersey Resources Reports Fourth-Quarter and Fiscal 2021 Results
WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the fourth-quarter and fiscal 2021. Highlights include: Consolidated net income of $117.9 million fo...
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 (BPU) on the settlement of its base rate case and conclusion of its Safet...
New Jersey Resources Schedules Fiscal 2021 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 2021...