New Jersey Resources Corp (NJR)

$49.85

+1.06

(+2.17%)▲

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $48.92
    $49.97
    $49.85
    downward going graph

    1.87%

    Downside

    Day's Volatility :2.1%

    Upside

    0.24%

    downward going graph
  • $39.44
    $49.98
    $49.85
    downward going graph

    20.88%

    Downside

    52 Weeks Volatility :21.09%

    Upside

    0.26%

    downward going graph

Returns

PeriodNew Jersey Resources CorpSector (Utilities)Index (Russel 2000)
3 Months
9.2%
8.9%
0.0%
6 Months
13.97%
13.7%
0.0%
1 Year
16.77%
31.0%
0.0%
3 Years
27.79%
20.9%
-24.1%

Highlights

Market Capitalization
4.8B
Book Value
$20.40
Dividend Share
1.68
Dividend Yield
3.69%
Earnings Per Share (EPS)
2.38
PE Ratio
20.5
PEG Ratio
2.47
Wall Street Target Price
50.714
Profit Margin
13.61%
Operating Margin TTM
-7.47%
Return On Assets TTM
3.59%
Return On Equity TTM
11.39%
Revenue TTM
1.7B
Revenue Per Share TTM
17.64
Quarterly Revenue Growth YOY
23.0%
Gross Profit TTM
620.9M
EBITDA
537.5M
Diluted Eps TTM
2.38
Quarterly Earnings Growth YOY
-0.88
EPS Estimate Current Year
2.94
EPS Estimate Next Year
2.88
EPS Estimate Current Quarter
-0.02
EPS Estimate Next Quarter
0.82

Analyst Recommendation

Buy
    54%Buy
    45%Hold
    0
    0%Sell
Based on 11 Wall street analysts offering stock ratings for New Jersey Resources Corp(by analysts ranked 0 to 5 stars)
Based on 11 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
6
6
6
Hold
5
5
5
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 1.73%

Current $49.85
Target $50.71

Company Financials

FY18Y/Y Change
Revenue
2.9B
↑ 28.5%
Net Income
233.4M
↑ 76.76%
Net Profit Margin
8.01%
↑ 2.19%
FY19Y/Y Change
Revenue
2.6B
↓ 11.08%
Net Income
169.5M
↓ 27.39%
Net Profit Margin
6.54%
↓ 1.47%
FY20Y/Y Change
Revenue
2.0B
↓ 24.63%
Net Income
163.0M
↓ 3.83%
Net Profit Margin
8.34%
↑ 1.8%
FY21Y/Y Change
Revenue
2.2B
↑ 10.39%
Net Income
201.1M
↑ 23.37%
Net Profit Margin
9.32%
↑ 0.98%
FY22Y/Y Change
Revenue
2.9B
↑ 34.75%
Net Income
274.9M
↑ 36.71%
Net Profit Margin
9.46%
↑ 0.14%
FY23Y/Y Change
Revenue
2.0B
↓ 32.45%
Net Income
264.7M
↓ 3.71%
Net Profit Margin
13.49%
↑ 4.03%
Q1 FY23Q/Q Change
Revenue
644.0M
↓ 10.99%
Net Income
110.2M
↓ 4.89%
Net Profit Margin
17.12%
↑ 1.1%
Q2 FY23Q/Q Change
Revenue
264.1M
↓ 59.0%
Net Income
1.5M
↓ 98.61%
Net Profit Margin
0.58%
↓ 16.54%
Q3 FY23Q/Q Change
Revenue
331.3M
↑ 25.47%
Net Income
37.0M
↑ 2316.71%
Net Profit Margin
11.17%
↑ 10.59%
Q4 FY23Q/Q Change
Revenue
467.2M
↑ 41.01%
Net Income
89.4M
↑ 141.49%
Net Profit Margin
19.14%
↑ 7.97%
Q1 FY24Q/Q Change
Revenue
661.6M
↑ 41.6%
Net Income
120.8M
↑ 35.12%
Net Profit Margin
18.26%
↓ 0.88%
Q2 FY24Q/Q Change
Revenue
275.6M
↓ 58.34%
Net Income
-11.6M
↓ 109.58%
Net Profit Margin
-4.2%
↓ 22.46%
FY18Y/Y Change
Total Assets
4.1B
↑ 5.48%
Total Liabilities
2.7B
↑ 1.22%
FY19Y/Y Change
Total Assets
4.4B
↑ 5.53%
Total Liabilities
2.8B
↑ 3.54%
FY20Y/Y Change
Total Assets
5.3B
↑ 21.58%
Total Liabilities
3.7B
↑ 30.17%
FY21Y/Y Change
Total Assets
5.7B
↑ 7.63%
Total Liabilities
4.1B
↑ 11.4%
FY22Y/Y Change
Total Assets
6.3B
↑ 9.42%
Total Liabilities
4.4B
↑ 8.62%
FY23Y/Y Change
Total Assets
6.5B
↑ 4.41%
Total Liabilities
4.5B
↑ 2.31%
Q1 FY23Q/Q Change
Total Assets
6.3B
↓ 4.75%
Total Liabilities
4.3B
↓ 8.36%
Q2 FY23Q/Q Change
Total Assets
6.3B
↑ 0.26%
Total Liabilities
4.3B
↑ 0.51%
Q3 FY23Q/Q Change
Total Assets
6.5B
↑ 3.56%
Total Liabilities
4.5B
↑ 5.31%
Q4 FY23Q/Q Change
Total Assets
6.7B
↑ 3.24%
Total Liabilities
4.7B
↑ 2.99%
Q1 FY24Q/Q Change
Total Assets
6.6B
↓ 1.51%
Total Liabilities
4.5B
↓ 4.58%
Q2 FY24Q/Q Change
Total Assets
6.8B
↑ 2.06%
Total Liabilities
4.6B
↑ 3.87%
FY18Y/Y Change
Operating Cash Flow
398.3M
↑ 60.57%
Investing Cash Flow
-373.1M
↓ 4.5%
Financing Cash Flow
-26.0M
↓ 124.19%
FY19Y/Y Change
Operating Cash Flow
189.4M
↓ 52.46%
Investing Cash Flow
-287.4M
↓ 22.98%
Financing Cash Flow
95.6M
↓ 468.34%
FY20Y/Y Change
Operating Cash Flow
213.5M
↑ 12.74%
Investing Cash Flow
-994.0M
↑ 245.9%
Financing Cash Flow
895.9M
↑ 837.12%
FY21Y/Y Change
Operating Cash Flow
391.0M
↑ 83.13%
Investing Cash Flow
-622.1M
↓ 37.41%
Financing Cash Flow
117.8M
↓ 86.85%
FY22Y/Y Change
Operating Cash Flow
323.5M
↓ 17.26%
Investing Cash Flow
-590.6M
↓ 5.06%
Financing Cash Flow
262.5M
↑ 122.9%
FY23Y/Y Change
Operating Cash Flow
479.0M
↑ 48.07%
Investing Cash Flow
-538.6M
↓ 8.8%
Financing Cash Flow
59.7M
↓ 77.26%
Q1 FY23Q/Q Change
Operating Cash Flow
432.1M
↓ 585.76%
Investing Cash Flow
-116.2M
↓ 20.19%
Financing Cash Flow
-291.2M
↓ 223.43%
Q2 FY23Q/Q Change
Operating Cash Flow
44.8M
↓ 89.64%
Investing Cash Flow
-116.4M
↑ 0.23%
Financing Cash Flow
45.1M
↓ 115.5%
Q3 FY23Q/Q Change
Operating Cash Flow
91.1M
↑ 103.44%
Investing Cash Flow
-160.4M
↑ 37.79%
Financing Cash Flow
69.8M
↑ 54.78%

Technicals Summary

Sell

Neutral

Buy

New Jersey Resources Corp is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
New Jersey Resources Corp
New Jersey Resources Corp
6.52%
13.97%
16.77%
27.79%
16.53%
Atmos Energy Corporation
Atmos Energy Corporation
5.88%
28.22%
32.91%
57.14%
40.01%
Ugi Corporation
Ugi Corporation
-0.68%
0.65%
12.33%
-44.55%
-43.68%
Southwest Gas Holdings Inc
Southwest Gas Holdings Inc
4.62%
-0.04%
29.16%
11.64%
2.07%
Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation
0.78%
23.63%
39.38%
14.63%
103.8%
Nisource Inc.
Nisource Inc.
8.86%
31.1%
44.52%
48.61%
43.59%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
New Jersey Resources Corp
New Jersey Resources Corp
20.5
20.5
2.47
2.94
0.11
0.04
0.04
20.4
Atmos Energy Corporation
Atmos Energy Corporation
21.49
21.49
3.5
6.8
0.09
0.04
0.02
78.49
Ugi Corporation
Ugi Corporation
7.76
7.76
2.65
2.94
0.15
0.05
0.06
21.8
Southwest Gas Holdings Inc
Southwest Gas Holdings Inc
30.5
30.5
3.76
3.04
0.05
0.02
0.03
48.17
Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation
4.1
NA
NA
0.0
-0.01
0.06
0.04
-5.34
Nisource Inc.
Nisource Inc.
22.74
22.74
2.11
1.73
0.09
0.03
0.03
17.88
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
New Jersey Resources Corp
New Jersey Resources Corp
Buy
$4.8B
16.53%
20.5
13.61%
Atmos Energy Corporation
Atmos Energy Corporation
Hold
$22.9B
40.01%
21.49
25.09%
Ugi Corporation
Ugi Corporation
Buy
$5.2B
-43.68%
7.76
9.13%
Southwest Gas Holdings Inc
Southwest Gas Holdings Inc
Buy
$5.5B
2.07%
30.5
3.44%
Brookfield Infrastructure Corporation
Brookfield Infrastructure Corporation
Buy
$5.7B
103.8%
4.1
-18.82%
Nisource Inc.
Nisource Inc.
Buy
$17.4B
43.59%
22.74
14.63%

Insights on New Jersey Resources Corp

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 661.56M → 275.63M (in $), with an average decrease of 58.3% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 120.81M → -11.57M (in $), with an average decrease of 109.6% per quarter

  • Vs NI

    In the last 1 year, Nisource Inc. has given 44.5% return, outperforming this stock by 27.7%

  • Vs ATO

    In the last 3 years, Atmos Energy Corporation has given 48.6% return, outperforming this stock by 20.8%

Institutional Holdings

  • BlackRock Inc

    16.73%

  • Vanguard Group Inc

    11.64%

  • State Street Corp

    5.09%

  • Dimensional Fund Advisors, Inc.

    3.12%

  • Wells Fargo & Co

    2.61%

  • Geode Capital Management, LLC

    2.35%

Corporate Announcements

  • New Jersey Resources Corp Dividends March,2024

    In the quarter ending March,2024. New Jersey Resources Corp has declared dividend of $0.42

    Read More

Company Information

new jersey resources, a fortune 1000 company, provides reliable energy and natural gas services including transportation, distribution and asset management in states from the gulf coast to the new england regions, including the mid-continent region, the west coast and canada, while investing in and maintaining an extensive infrastructure to support future growth. with over $2.5 billion in annual revenues, njr safely and reliably operates and maintains 6,700 miles of natural gas transportation and distribution infrastructure to serve nearly half a million customers; develops and manages a diverse portfolio of more than 777,000 dth/d of transportation capacity and 52 bcf of storage capacity; and provides appliance installation, repair and contract service to approximately 150,000 homes and businesses. additionally, njr holds investments in midstream assets through equity partnerships including steckman ridge and iroquois. through conserve to preserve®, njr is helping customers save energ

Organization
New Jersey Resources Corp
Employees
1350
CEO
Mr. Stephen D. Westhoven
Industry
Utilities

FAQs