New Jersey Resources Corp's fundamentals are relatively stable, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 6 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 56.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows 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
6 / 14
Overall Ranking
112 / 4563
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%.
Undervalued
The company’s latest PE is 13.91, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 79.40M shares, decreasing 3.95% quarter-over-quarter.
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/
FAQs
What is the current price of New Jersey Resources Corp (NJR)?
The current price of New Jersey Resources Corp (NJR) is 46.570.
What is the symbol of New Jersey Resources Corp?
The ticker symbol of New Jersey Resources Corp is NJR.
What is the 52-week high of New Jersey Resources Corp?
The 52-week high of New Jersey Resources Corp is 50.765.
What is the 52-week low of New Jersey Resources Corp?
The 52-week low of New Jersey Resources Corp is 43.460.
What is the market capitalization of New Jersey Resources Corp?
The market capitalization of New Jersey Resources Corp is 4.68B.
What is the net income of New Jersey Resources Corp?
The net income of New Jersey Resources Corp is 335.63M.
Is New Jersey Resources Corp (NJR) currently rated as Buy, Hold, or Sell?
According to analysts, New Jersey Resources Corp (NJR) has an overall rating of Buy, with a price target of 56.000.
What is the Earnings Per Share (EPS TTM) of New Jersey Resources Corp (NJR)?
The Earnings Per Share (EPS TTM) of New Jersey Resources Corp (NJR) is 3.348.