NJR:NYE-NewJersey Resources Corporation (USD)

COMMON STOCK | Utilities - Regulated Gas |

Last Closing

USD 47.69

Change

-0.33 (-0.69)%

Market Cap

USD 4.65B

Volume

0.40M

Analyst Target

USD 37.40
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Utilities - Regulated Gas

Symbol Name Price(Change) Market Cap
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USD 21.45B
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SR-PA Spire Inc

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OGS One Gas Inc

-0.21 (-0.29%)

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CPK Chesapeake Utilities Corporati..

-1.09 (-0.88%)

USD 2.70B
SPH Suburban Propane Partners LP

-0.16 (-0.90%)

USD 1.15B
NI NiSource Inc

-0.11 (-0.32%)

N/A
SR Spire Inc

-0.12 (-0.18%)

N/A
NWN Northwest Natural Gas Co

-0.43 (-1.06%)

N/A

ETFs Containing NJR

CSB VictoryShares US Small Ca.. 1.57 % 0.35 %

-0.04 (0%)

USD 0.29B
KSCD 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated Gas) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 6.98% 38% F 50% F
Dividend Return 1.88% 15% F 42% F
Total Return 8.86% 38% F 48% F
Trailing 12 Months  
Capital Gain 13.09% 62% D 52% F
Dividend Return 2.99% 23% F 45% F
Total Return 16.08% 54% F 50% F
Trailing 5 Years  
Capital Gain 7.51% 75% C 50% F
Dividend Return 15.49% 67% D+ 57% F
Total Return 22.99% 75% C 48% F
Average Annual (5 Year Horizon)  
Capital Gain 4.93% 87% B+ 56% F
Dividend Return 8.45% 87% B+ 58% F
Total Return 3.52% 73% C 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 19.83% 33% F 52% F
Risk Adjusted Return 42.62% 73% C 61% D-
Market Capitalization 4.65B 75% C 77% C+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.