NewJersey Resources Corporation (NJR): Price and Financial Metrics

NewJersey Resources Corporation (NJR): $41.15

0.65 (+1.60%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#12 of 63

in industry

NJR Price/Volume Stats

Current price $41.15 52-week high $55.84
Prev. close $40.50 52-week low $38.92
Day low $40.34 Volume 720,500
Day high $41.18 Avg. volume 559,719
50-day MA $43.14 Dividend yield 4.26%
200-day MA $44.52 Market Cap 4.02B

NJR Stock Price Chart Interactive Chart >

NJR POWR Grades

  • NJR scores best on the Momentum dimension, with a Momentum rank ahead of 58.2% of US stocks.
  • The strongest trend for NJR is in Value, which has been heading down over the past 26 weeks.
  • NJR ranks lowest in Value; there it ranks in the 8th percentile.

NJR Stock Summary

  • NJR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 110,570.2 -- higher than 100% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of NEW JERSEY RESOURCES CORP's sales and general administrative expense to its total operating expenses; only 0.17% of US stocks have a lower such ratio.
  • For NJR, its debt to operating expenses ratio is greater than that reported by 95.93% of US equities we're observing.
  • Stocks with similar financial metrics, market capitalization, and price volatility to NEW JERSEY RESOURCES CORP are DNB, TREX, ORA, SRCL, and SCM.
  • NJR's SEC filings can be seen here. And to visit NEW JERSEY RESOURCES CORP's official web site, go to www.njresources.com.

NJR Valuation Summary

  • NJR's EV/EBIT ratio is 17.5; this is 10.03% lower than that of the median Utilities stock.
  • NJR's price/earnings ratio has moved up 0.3 over the prior 243 months.

Below are key valuation metrics over time for NJR.

Stock Date P/S P/B P/E EV/EBIT
NJR 2023-12-27 2.2 2.2 16.5 17.5
NJR 2023-12-26 2.2 2.2 16.6 17.5
NJR 2023-12-22 2.2 2.2 16.6 17.6
NJR 2023-12-21 2.2 2.2 16.4 17.5
NJR 2023-12-20 2.2 2.2 16.2 17.4
NJR 2023-12-19 2.2 2.2 16.4 17.5

NJR Growth Metrics

    Its year over year revenue growth rate is now at 27.24%.
  • Its 4 year price growth rate is now at -16.33%.
  • The 3 year cash and equivalents growth rate now stands at -83.28%.
NJR's revenue has moved up $816,676,000 over the prior 70 months.

The table below shows NJR's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 2,953.704 271.94 279.531
2022-09-30 2,905.979 323.48 274.922
2022-06-30 2,673.021 285.035 219.267
2022-03-31 2,488.279 365.115 94.383
2021-12-31 2,378.15 321.824 148.157
2021-09-30 2,156.613 390.954 117.89

NJR's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • NJR has a Quality Grade of F, ranking ahead of 4.02% of graded US stocks.
  • NJR's asset turnover comes in at 0.371 -- ranking 20th of 105 Utilities stocks.
  • AROC, UGI, and CNP are the stocks whose asset turnover ratios are most correlated with NJR.

The table below shows NJR's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.371 0.234 0.037
2021-03-31 0.361 0.248 0.051
2020-12-31 0.335 0.212 0.038
2020-09-30 0.370 0.190 0.038
2020-06-30 0.408 0.157 0.032
2020-03-31 0.463 0.152 0.037

NJR Price Target

For more insight on analysts targets of NJR, see our NJR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $44.33 Average Broker Recommendation 1.62 (Moderate Buy)

NewJersey Resources Corporation (NJR) Company Bio


New Jersey Resources is an energy services holding company that provides retail and wholesale energy services to customers primarily in the Gulf Coast, Mid-Continent, Appalachian, Northeastern, and Western market areas of the United States, as well as Canada. The company was founded in 1922 and is based in Wall, New Jersey.


NJR Latest News Stream


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Latest NJR News From Around the Web

Below are the latest news stories about NEW JERSEY RESOURCES CORP that investors may wish to consider to help them evaluate NJR as an investment opportunity.

Senior VP and COO of NJNG, Patrick Migliaccio, Sells 3,579 Shares

New Jersey Resources Corp (NYSE:NJR), a company engaged in the distribution of natural gas through a regulated utility, providing other retail and wholesale energy services, recently witnessed a transaction from a key insider.

Yahoo | December 23, 2023

Reasons to Add New Jersey Resources (NJR) to Your Portfolio

New Jersey Resources (NJR) makes a strong case for investment, given its capability to increase shareholders' value, growth projections and strong ROE.

Yahoo | December 11, 2023

New Jersey Resources Corp's Dividend Analysis

New Jersey Resources Corp (NYSE:NJR) recently announced a dividend of $0.42 per share, payable on 2024-01-02, with the ex-dividend date set for 2023-12-12. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into New Jersey Resources Corp's dividend performance and assess its sustainability.

Yahoo | December 11, 2023

Is New Jersey Resources Corporation's (NYSE:NJR) ROE Of 13% Impressive?

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

Yahoo | December 6, 2023

New Jersey Resources Named One of America’s Most Responsible Companies by Newsweek

WALL, N.J., December 06, 2023--New Jersey Resources (NYSE: NJR) was named one of America’s Most Responsible Companies by Newsweek, and one of only 156 companies to earn this distinction for five consecutive years for its excellence and accomplishments in corporate social responsibility. NJR is among the top 600 of the nation’s largest public corporations across 14 industries recognized for their work and accomplishments on sustainability issues, performance and reputation.

Yahoo | December 6, 2023

Read More 'NJR' Stories Here

NJR Price Returns

1-mo -6.39%
3-mo 1.26%
6-mo -4.37%
1-year -17.50%
3-year 25.69%
5-year 6.20%
YTD -7.69%
2023 -6.94%
2022 24.93%
2021 19.60%
2020 -16.86%
2019 0.13%

NJR Dividends

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Continue Researching NJR

Want to see what other sources are saying about New Jersey Resources Corp's financials and stock price? Try the links below:

New Jersey Resources Corp (NJR) Stock Price | Nasdaq
New Jersey Resources Corp (NJR) Stock Quote, History and News - Yahoo Finance
New Jersey Resources Corp (NJR) Stock Price and Basic Information | MarketWatch

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