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New Jersey Resources Corp

NJR
View Detailed Chart
52.420USD
-0.350-0.66%
Close 02/06, 16:00ETQuotes delayed by 15 min
5.28BMarket Cap
16.13P/E TTM

New Jersey Resources Corp

52.420
-0.350-0.66%
Intraday
1m
30m
1h
D
W
M
D

Today

-0.66%

5 Days

+5.94%

1 Month

+14.43%

6 Months

+12.68%

Year to Date

+13.66%

1 Year

+11.65%

View Detailed Chart

Key Insights

New Jersey Resources Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 4 out of 14 in the Natural Gas Utilities industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 55.75.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

New Jersey Resources Corp's Score

Industry at a Glance

Industry Ranking
4 / 14
Overall Ranking
82 / 4521
Industry
Natural Gas Utilities

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Positive

New Jersey Resources Corp Highlights

StrengthsRisks
New Jersey Resources Corporation, through its subsidiaries, provides natural gas and clean energy services. Its New Jersey Natural Gas business operates and maintains natural gas transportation and distribution infrastructure. Its Clean Energy Ventures business invests in, owns and operates solar projects. Its Energy Services business manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions. Its Storage and Transportation business serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Storage and the Adelphia Gateway Pipeline, as well as its 50% equity ownership in the Steckman Ridge natural gas storage facility. Its Home Services business provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.04B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 54.53%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 54.53%.
Fairly Valued
The company’s latest PE is 16.13, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 79.14M shares, decreasing 4.57% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 382.90K shares of this stock.

Analyst Rating

Based on 6 analysts
Buy
Current Rating
55.750
Target Price
+5.65%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

New Jersey Resources Corp News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

New Jersey Resources Corp Info

New Jersey Resources Corporation, through its subsidiaries, provides natural gas and clean energy services. Its New Jersey Natural Gas business operates and maintains natural gas transportation and distribution infrastructure. Its Clean Energy Ventures business invests in, owns and operates solar projects. Its Energy Services business manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions. Its Storage and Transportation business serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Storage and the Adelphia Gateway Pipeline, as well as its 50% equity ownership in the Steckman Ridge natural gas storage facility. Its Home Services business provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products.
Ticker SymbolNJR
CompanyNew Jersey Resources Corp
CEOWesthoven (Stephen D)
Websitehttps://www.njresources.com/
KeyAI