NYSE:NJR New Jersey Resources (NJR) Stock Price, News & Analysis $47.01 -0.63 (-1.32%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About New Jersey Resources Stock (NYSE:NJR) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get New Jersey Resources alerts:Sign Up Key Stats Today's Range$46.69▼$47.4650-Day Range$44.12▼$48.0252-Week Range$39.44▼$48.68Volume318,949 shsAverage Volume494,235 shsMarket Capitalization$4.65 billionP/E Ratio19.67Dividend Yield3.83%Price Target$49.00Consensus RatingModerate Buy Company OverviewNew Jersey Resources Corporation, an energy services holding company, distributes natural gas. 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 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.Read More… Has Trump Finally Gone Too Far? (Ad)Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.Register For The Webinar To Discover New Jersey Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks66th Percentile Overall ScoreNJR MarketRank™: New Jersey Resources scored higher than 66% of companies evaluated by MarketBeat, and ranked 61st out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingNew Jersey Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageNew Jersey Resources has only been the subject of 3 research reports in the past 90 days.Read more about New Jersey Resources' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth-2.03% Earnings GrowthEarnings for New Jersey Resources are expected to decrease by -2.03% in the coming year, from $2.95 to $2.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Jersey Resources is 19.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.34.Price to Earnings Ratio vs. SectorThe P/E ratio of New Jersey Resources is 19.67, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 101.17.Price to Book Value per Share RatioNew Jersey Resources has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about New Jersey Resources' valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.63% of the outstanding shares of New Jersey Resources have been sold short.Short Interest Ratio / Days to CoverNew Jersey Resources has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Jersey Resources has recently decreased by 6.94%, indicating that investor sentiment is improving significantly. Dividend5.0 / 5Dividend StrengthStrong Dividend LeadershipNew Jersey Resources is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNew Jersey Resources has been increasing its dividend for 29 years.Dividend CoverageThe dividend payout ratio of New Jersey Resources is 71.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, New Jersey Resources will have a dividend payout ratio of 62.28% next year. This indicates that New Jersey Resources will be able to sustain or increase its dividend.Read more about New Jersey Resources' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.63% of the outstanding shares of New Jersey Resources have been sold short.Short Interest Ratio / Days to CoverNew Jersey Resources has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Jersey Resources has recently decreased by 6.94%, indicating that investor sentiment is improving significantly. News and Social Media2.7 / 5News Sentiment0.84 News SentimentNew Jersey Resources has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for New Jersey Resources this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 1 people have added New Jersey Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, New Jersey Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.75% of the stock of New Jersey Resources is held by insiders.Percentage Held by Institutions70.98% of the stock of New Jersey Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about New Jersey Resources' insider trading history. Receive NJR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Jersey Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address NJR Stock News HeadlinesZacks Industry Outlook Highlights Atmos Energy, UGI, MDU Resources and New Jersey ResourcesOctober 17 at 5:16 PM | finance.yahoo.comWells Fargo Keeps Their Hold Rating on New Jersey Resources (NJR)October 17 at 5:16 PM | markets.businessinsider.comRetire off just one stock ticker?ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $15...October 17, 2024 | Behind the Markets (Ad)New Jersey Resources Schedules Fiscal 2024 Fourth Quarter and Year-End Earnings CallOctober 15 at 9:30 AM | finance.yahoo.comNew Jersey high school resource officer assaulted by parent, student: policeOctober 11, 2024 | msn.comNew Jersey Resources: Still A Buy After Its Recent Dividend HikeOctober 11, 2024 | seekingalpha.comNew Jersey should pull the plug on the California Air Resources Board | MulshineSeptember 26, 2024 | nj.comOpinion: New Jersey can be a leader on fair housing – pandemic policies proved itSeptember 24, 2024 | msn.comSee More Headlines NJR Stock Analysis - Frequently Asked Questions How have NJR shares performed this year? New Jersey Resources' stock was trading at $44.58 on January 1st, 2024. Since then, NJR stock has increased by 5.5% and is now trading at $47.01. View the best growth stocks for 2024 here. How were New Jersey Resources' earnings last quarter? New Jersey Resources Co. (NYSE:NJR) announced its quarterly earnings data on Tuesday, August, 6th. The utilities provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.07. The business's quarterly revenue was up 4.4% compared to the same quarter last year. When did New Jersey Resources' stock split? New Jersey Resources shares split on the morning of Wednesday, March 4th 2015. The 2-1 split was announced on Wednesday, January 21st 2015. The newly issued shares were issued to shareholders after the closing bell on Tuesday, March 3rd 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split. Who are New Jersey Resources' major shareholders? Top institutional shareholders of New Jersey Resources include Exchange Traded Concepts LLC (0.23%), SG Americas Securities LLC (0.11%), Cox Capital Mgt LLC (0.07%) and Good Life Advisors LLC (0.03%). Insiders that own company stock include Stephen D Westhoven, Patrick J Migliaccio, Jane M Kenny and James H Degraffenreidt Jr. View institutional ownership trends. How do I buy shares of New Jersey Resources? Shares of NJR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of New Jersey Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that New Jersey Resources investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY). Company Calendar Last Earnings8/06/2024Ex-Dividend for 10/1 Dividend9/23/2024Dividend Payable10/01/2024Today10/17/2024Next Earnings (Confirmed)11/25/2024Fiscal Year End9/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Natural gas distribution Sub-IndustryGas Utilities Current SymbolNYSE:NJR CUSIP64602510 CIK356309 Webwww.njresources.com Phone(732) 938-1000Fax732-938-3154Employees1,350Year FoundedN/APrice Target and Rating Average Stock Price Target$49.00 High Stock Price Target$51.00 Low Stock Price Target$47.00 Potential Upside/Downside+4.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.53 Trailing P/E Ratio19.67 Forward P/E Ratio15.94 P/E GrowthN/ANet Income$264.72 million Net Margins13.61% Pretax Margin16.81% Return on Equity11.06% Return on Assets3.47% Debt Debt-to-Equity Ratio1.30 Current Ratio0.60 Quick Ratio0.41 Sales & Book Value Annual Sales$1.73 billion Price / Sales2.68 Cash Flow$4.40 per share Price / Cash Flow10.69 Book Value$20.41 per share Price / Book2.30Miscellaneous Outstanding Shares98,822,000Free Float98,424,000Market Cap$4.65 billion OptionableOptionable Beta0.59 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? 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