New Jersey Resources Corporation (NJR)
Total Valuation
NJR has a market cap or net worth of $4.17 billion. The enterprise value is $7.54 billion.
Market Cap | 4.17B |
Enterprise Value | 7.54B |
Important Dates
The next estimated earnings date is Thursday, May 2, 2024, before market open.
Earnings Date | May 2, 2024 |
Ex-Dividend Date | Mar 12, 2024 |
Share Statistics
NJR has 98.30 million shares outstanding. The number of shares has increased by 1.52% in one year.
Shares Outstanding | 98.30M |
Shares Change (YoY) | +1.52% |
Shares Change (QoQ) | +0.68% |
Owned by Insiders (%) | 0.48% |
Owned by Institutions (%) | 72.89% |
Float | 95.75M |
Valuation Ratios
The trailing PE ratio is 17.55 and the forward PE ratio is 14.19. NJR's PEG ratio is 2.05.
PE Ratio | 17.55 |
Forward PE | 14.19 |
PS Ratio | 2.44 |
Forward PS | n/a |
PB Ratio | 2.02 |
P/FCF Ratio | 28.35 |
PEG Ratio | 2.05 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.40, with an EV/FCF ratio of 51.34.
EV / Earnings | 31.67 |
EV / Sales | 4.42 |
EV / EBITDA | 13.40 |
EV / EBIT | 18.74 |
EV / FCF | 51.34 |
Financial Position
The company has a current ratio of 0.70, with a Debt / Equity ratio of 1.64.
Current Ratio | 0.70 |
Quick Ratio | 0.27 |
Debt / Equity | 1.64 |
Debt / EBITDA | 6.00 |
Debt / FCF | 23.01 |
Interest Coverage | 3.22 |
Financial Efficiency
Return on equity (ROE) is 11.80% and return on invested capital (ROIC) is 5.83%.
Return on Equity (ROE) | 11.80% |
Return on Assets (ROA) | 3.70% |
Return on Capital (ROIC) | 5.83% |
Revenue Per Employee | $1.26M |
Profits Per Employee | $176,455 |
Employee Count | 1,350 |
Asset Turnover | 0.26 |
Inventory Turnover | 4.51 |
Taxes
In the past 12 months, NJR has paid $39.23 million in taxes.
Income Tax | 39.23M |
Effective Tax Rate | 14.14% |
Stock Price Statistics
The stock price has decreased by -17.92% in the last 52 weeks. The beta is 0.65, so NJR's price volatility has been lower than the market average.
Beta (1Y) | 0.65 |
52-Week Price Change | -17.92% |
50-Day Moving Average | 41.77 |
200-Day Moving Average | 43.15 |
Relative Strength Index (RSI) | 57.86 |
Average Volume (30 Days) | 537,911 |
Short Selling Information
The latest short interest is 2.63 million, so 2.68% of the outstanding shares have been sold short.
Short Interest | 2.63M |
Short Previous Month | 2.12M |
Short % of Shares Out | 2.68% |
Short % of Float | 2.75% |
Short Ratio (days to cover) | 4.96 |
Income Statement
In the last 12 months, NJR had revenue of $1.71 billion and earned $238.21 million in profits. Earnings per share was $2.44.
Revenue | 1.71B |
Gross Profit | 578.06M |
Operating Income | 370.03M |
Pretax Income | 277.45M |
Net Income | 238.21M |
EBITDA | 563.12M |
EBIT | 402.44M |
Earnings Per Share (EPS) | $2.44 |
Balance Sheet
The company has $2.74 million in cash and $3.38 billion in debt, giving a net cash position of -$3.38 billion or -$34.36 per share.
Cash & Cash Equivalents | 2.74M |
Total Debt | 3.38B |
Net Cash | -3.38B |
Net Cash Per Share | -$34.36 |
Equity / Book Value | 2.07B |
Book Value Per Share | 21.02 |
Working Capital | -285.07M |
Cash Flow
In the last 12 months, operating cash flow was $614.36 million and capital expenditures -$467.42 million, giving a free cash flow of $146.94 million.
Operating Cash Flow | 614.36M |
Capital Expenditures | -467.42M |
Free Cash Flow | 146.94M |
FCF Per Share | $1.50 |
Margins
Gross margin is 33.87%, with operating and profit margins of 21.68% and 13.96%.
Gross Margin | 33.87% |
Operating Margin | 21.68% |
Pretax Margin | 16.26% |
Profit Margin | 13.96% |
EBITDA Margin | 33.00% |
EBIT Margin | 23.58% |
FCF Margin | 8.61% |
Dividends & Yields
This stock pays an annual dividend of $1.68, which amounts to a dividend yield of 3.92%.
Dividend Per Share | $1.68 |
Dividend Yield | 3.92% |
Dividend Growth (YoY) | 7.67% |
Years of Dividend Growth | 10 |
Payout Ratio | 68.85% |
Buyback Yield | -1.52% |
Shareholder Yield | 2.40% |
Earnings Yield | 5.72% |
FCF Yield | 3.53% |
Analyst Forecast
The average price target for NJR is $46.33, which is 7.97% higher than the current price. The consensus rating is "Hold".
Price Target | $46.33 |
Price Target Difference | 7.97% |
Analyst Consensus | Hold |
Analyst Count | 3 |
Revenue Growth Forecast (5Y) | 13.73% |
EPS Growth Forecast (5Y) | 5.99% |
Stock Splits
The last stock split was on March 4, 2015. It was a forward split with a ratio of 2:1.
Last Split Date | Mar 4, 2015 |
Split Type | Forward |
Split Ratio | 2:1 |
Scores
NJR has an Altman Z-Score of 1.19 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.19 |
Piotroski F-Score | 5 |