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New Jersey Resources Corporation (NJR)

Stock Price: $32.91 USD -0.59 (-1.75%)
Updated Aug 13, 2020 3:52 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 3.16B
Revenue (ttm) 2.03B
Net Income (ttm) 168.73M
Shares Out 95.93M
EPS (ttm) 1.80
PE Ratio 18.28
Forward PE 13.89
Dividend $1.25
Dividend Yield 3.80%

Stock Quote

Trading Day Aug 13, 2020
Last Price $32.91
Previous Close $33.49
Change ($) -0.59
Change (%) -1.75%
Day's Open 33.21
Day's Range 32.53 - 33.21
Day's Volume 253,221
52-Week Range 21.14 - 46.36

More Stats

Market Cap 3.16B
Enterprise Value 5.46B
Earnings Date (est) Nov 24, 2020
Ex-Dividend Date Jun 15, 2020
Shares Outstanding 95.93M
Float 94.78M
EPS (basic) 1.82
EPS (diluted) 1.80
FCF / Share -3.19
Dividend $1.25
Dividend Yield 3.80%
Earnings Yield 5.47%
FCF Yield n/a
Payout Ratio n/a
Shares Short 2.42M
Short Ratio 4.63
Short % of Float 3.33%
Beta 0.37
PE Ratio 18.28
Forward PE 13.89
P/FCF Ratio n/a
PS Ratio 1.55
PB Ratio 1.64
Revenue 2.03B
Operating Income 168.73M
Net Income 168.73M
Free Cash Flow -305.71M
Net Cash -2.30B
Net Cash / Share -23.99
Gross Margin 14.31%
Operating Margin 8.30%
Profit Margin 8.30%
FCF Margin -15.04%
ROA 2.39%
ROE 10.85%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 2
Overweight 1
Hold 2
Underweight 1
Sell 0

Analyst Consensus: Overweight

Price Target

$37.40*
(13.66% upside)
Low
29.0
Current: $32.91
High
53.0
Target: 37.40
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,5922,9152,2691,8812,7343,7383,1982,2493,0092,639
Revenue Growth-11.08%28.5%20.61%-31.2%-26.86%16.89%42.2%-25.27%14.02%-
Gross Profit291377343320439383312236296323
Operating Income154200171168248201159109143188
Net Income17023313213218114211592.88101117
Shares Outstanding89.2487.6986.3285.8885.1984.2083.3283.0582.7282.73
Earnings Per Share1.892.641.521.522.101.671.371.121.221.41
EPS Growth-28.41%73.68%0%-27.62%25.75%21.9%22.87%-8.61%-13.48%-
Dividend Per Share1.191.111.020.960.901.071.010.960.720.68
Dividend Growth7.11%8.92%6.25%6.67%-15.49%5.45%5.21%33.33%5.88%-
Operating Cash Flow18939824814339135811451.08250139
Capital Expenditures-481-337-286-326-292-258-170-194-166-89.26
Free Cash Flow-29261.34-38.45-18499.15100-55.61-14384.4950.15
Cash & Equivalents2.681.462.2337.554.932.152.974.517.440.94
Total Debt1,5841,4561,4281,238921934947813594608
Net Cash / Debt-1,581-1,455-1,426-1,201-916-932-944-808-586-607
Assets4,3734,1443,9293,7193,2843,1593,0052,7702,6492,563
Liabilities2,8212,7252,6922,5522,1772,1932,1171,9561,8731,838
Book Value1,5521,4191,2371,1671,107966887814776725
Numbers in millions USD, except per-share numbers.

Company Profile

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.