New Jersey Resources Corporation (NJR)

NYSE: NJR · IEX Real-Time Price · USD
42.91
+0.54 (1.27%)
Mar 28, 2024, 4:00 PM EDT - Market closed

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 Forecasts

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