New Jersey Resources Corp (NJR)

$43.7

+0.26

(+0.6%)▲

Market is closed - opens 7 PM, 25 Apr 2024

Insights on New Jersey Resources Corp

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 264.07M → 467.21M (in $), with an average increase of 24.7% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 3 quarters, 1.53M → 89.41M (in $), with an average increase of 77.2% per quarter

  • Vs SWX

    In the last 1 year, Southwest Gas Holdings Inc has given 32.6% return, outperforming this stock by 49.8%

  • Vs ATO

    In the last 3 years, Atmos Energy Corporation has given 3.6% return, outperforming this stock by 2.2%

Performance

  • $42.79
    $43.72
    $43.70
    downward going graph

    2.09%

    Downside

    Day's Volatility :2.14%

    Upside

    0.05%

    downward going graph
  • $38.18
    $51.24
    $43.70
    downward going graph

    12.63%

    Downside

    52 Weeks Volatility :25.49%

    Upside

    14.72%

    downward going graph

Returns

PeriodNew Jersey Resources CorpSector (Utilities)Index (Russel 2000)
3 Months
4.2%
8.7%
0.0%
6 Months
4.17%
11.8%
0.0%
1 Year
-18.32%
-5.1%
1.3%
3 Years
2.87%
-0.4%
-22.1%

Highlights

Market Capitalization
4.3B
Book Value
$20.4
Dividend Share
1.62
Dividend Yield
3.86%
Earnings Per Share (EPS)
2.43
PE Ratio
17.91
PEG Ratio
2.02
Wall Street Target Price
48.8
Profit Margin
13.96%
Operating Margin TTM
-7.47%
Return On Assets TTM
3.46%
Return On Equity TTM
11.94%
Revenue TTM
1.7B
Revenue Per Share TTM
17.53
Quarterly Revenue Growth YOY
23.0%
Gross Profit TTM
620.9M
EBITDA
528.4M
Diluted Eps TTM
2.43
Quarterly Earnings Growth YOY
-0.88
EPS Estimate Current Year
2.91
EPS Estimate Next Year
2.9
EPS Estimate Current Quarter
0.75
EPS Estimate Next Quarter
1.13

Analyst Recommendation

Buy
    50%Buy
    41%Hold
    8%Sell
Based on 12 Wall street analysts offering stock ratings for New Jersey Resources Corp(by analysts ranked 0 to 5 stars)
Based on 12 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
6
6
6
Hold
5
5
4
Sell
1
1
2

Analyst Forecast

What analysts predicted

Upside of 11.67%

Current $43.70
Target $48.80

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%
Q3 FY22Q/Q Change
Revenue
765.5M
↑ 38.59%
Net Income
54.5M
↑ 560.71%
Net Profit Margin
7.12%
↑ 5.63%
Q4 FY22Q/Q Change
Revenue
723.6M
↓ 5.48%
Net Income
115.9M
↑ 112.61%
Net Profit Margin
16.02%
↑ 8.9%
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%
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%
Q3 FY22Q/Q Change
Total Assets
6.3B
↑ 1.61%
Total Liabilities
4.4B
↑ 1.16%
Q4 FY22Q/Q Change
Total Assets
6.6B
↑ 5.57%
Total Liabilities
4.7B
↑ 5.47%
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%
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%
Q3 FY22Q/Q Change
Operating Cash Flow
87.6M
↓ 192.63%
Investing Cash Flow
-155.7M
↑ 12.71%
Financing Cash Flow
41.5M
↓ 83.08%
Q4 FY22Q/Q Change
Operating Cash Flow
-88.9M
↓ 201.53%
Investing Cash Flow
-145.6M
↓ 6.49%
Financing Cash Flow
235.9M
↑ 468.17%
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
3.23%
4.17%
-18.32%
2.87%
-11.71%
Atmos Energy Corporation
Atmos Energy Corporation
1.35%
8.6%
1.2%
14.9%
17.56%
Ugi Corporation
Ugi Corporation
6.51%
23.1%
-25.85%
-41.71%
-52.52%
Southwest Gas Holdings Inc
Southwest Gas Holdings Inc
3.14%
30.42%
32.6%
5.15%
-9.69%
New Fortress Energy Inc.
New Fortress Energy Inc.
-5.68%
-13.1%
-8.12%
-37.43%
13.05%
Nisource Inc.
Nisource Inc.
2.87%
10.7%
-2.1%
8.8%
1.53%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
New Jersey Resources Corp
New Jersey Resources Corp
17.91
17.91
2.02
2.91
0.12
0.03
0.04
20.4
Atmos Energy Corporation
Atmos Energy Corporation
18.86
18.86
2.74
6.6
0.09
0.03
0.03
74.74
Ugi Corporation
Ugi Corporation
4.64
NA
2.65
2.85
-0.09
0.02
0.06
20.32
Southwest Gas Holdings Inc
Southwest Gas Holdings Inc
34.86
34.86
3.76
3.23
0.05
0.03
0.03
46.25
New Fortress Energy Inc.
New Fortress Energy Inc.
10.62
10.62
1.18
3.53
0.34
0.06
0.01
8.0
Nisource Inc.
Nisource Inc.
18.86
18.86
3.35
1.72
0.07
0.03
0.04
17.4
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
New Jersey Resources Corp
New Jersey Resources Corp
Buy
$4.3B
-11.71%
17.91
13.96%
Atmos Energy Corporation
Atmos Energy Corporation
Buy
$17.8B
17.56%
18.86
23.43%
Ugi Corporation
Ugi Corporation
Buy
$5.4B
-52.52%
4.64
-5.48%
Southwest Gas Holdings Inc
Southwest Gas Holdings Inc
Buy
$5.3B
-9.69%
34.86
2.78%
New Fortress Energy Inc.
New Fortress Energy Inc.
Buy
$5.8B
13.05%
10.62
22.7%
Nisource Inc.
Nisource Inc.
Buy
$12.5B
1.53%
18.86
12.98%

Institutional Holdings

  • BlackRock Inc

    17.51%

  • Vanguard Group Inc

    12.10%

  • State Street Corporation

    5.39%

  • Dimensional Fund Advisors, Inc.

    2.71%

  • Wells Fargo & Co

    2.48%

  • Geode Capital Management, LLC

    2.15%

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

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