NJR:NYE-NewJersey Resources Corporation (USD)

COMMON STOCK | Utilities - Regulated Gas |

Last Closing

USD 46.9

Change

+0.45 (+0.97)%

Market Cap

USD 4.66B

Volume

0.54M

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 residential and commercial 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. The Storage and Transportation segment invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; solar equipment installation, and plumbing repair and installation services, as well as holds commercial real estate properties. The company was founded in 1922 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: 2025-02-21 )

Largest Industry Peers for Utilities - Regulated Gas

Symbol Name Price(Change) Market Cap
ATO Atmos Energy Corporation

+2.28 (+1.54%)

USD 23.26B
BIPC Brookfield Infrastructure Cor..

-0.36 (-0.84%)

USD 5.32B
BKH Black Hills Corporation

+0.83 (+1.41%)

USD 4.26B
OGS One Gas Inc

+0.84 (+1.16%)

USD 4.09B
SR-PA Spire Inc

+0.04 (+0.16%)

USD 4.09B
CPK Chesapeake Utilities Corporati..

+0.60 (+0.49%)

USD 2.79B
SPH Suburban Propane Partners LP

-0.19 (-0.86%)

USD 1.36B
NI NiSource Inc

+0.09 (+0.23%)

N/A
SR Spire Inc

+1.13 (+1.53%)

N/A
NWN Northwest Natural Gas Co

+0.46 (+1.12%)

N/A

ETFs Containing NJR

CSB VictoryShares US Small Ca.. 1.43 % 0.35 %

-0.75 (-2.01%)

USD 0.30B
KSCD 0.00 % 0.00 %

N/A

N/A
TPSC Timothy Plan US Small Cap.. 0.00 % 0.00 %

-0.80 (-2.01%)

USD 0.19B

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 0.54% 21% F 37% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.54% 21% F 36% F
Trailing 12 Months  
Capital Gain 13.23% 23% F 70% C-
Dividend Return 3.11% 23% F 48% F
Total Return 16.34% 23% F 70% C-
Trailing 5 Years  
Capital Gain 8.64% 75% C 53% F
Dividend Return 16.45% 83% B 55% F
Total Return 25.09% 67% D+ 51% F
Average Annual (5 Year Horizon)  
Capital Gain 6.45% 69% C- 55% F
Dividend Return 9.92% 77% C+ 58% F
Total Return 3.48% 54% F 69% C-
Risk Return Profile  
Volatility (Standard Deviation) 21.79% 38% F 50% F
Risk Adjusted Return 45.54% 77% C+ 59% D-
Market Capitalization 4.66B 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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

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.

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.

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.