NJR:NYE-NewJersey Resources Corporation (USD)

EQUITY | Utilities - Regulated Gas | New York Stock Exchange

Last Closing

USD 43.34

Change

+0.04 (+0.09)%

Market Cap

USD 2.95B

Volume

0.49M

Analyst Target

USD 37.40
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

New Jersey Resources Corp is an energy services holding company engaged in the distribution of natural gas through a regulated utility. It provides other retail and wholesale energy services to customers and invests in midstream assets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Utilities - Regulated Gas

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

+0.89 (+0.75%)

USD 18.02B
NI NiSource Inc

+0.29 (+1.01%)

USD 12.19B
SWX Southwest Gas Holdings Inc

+0.53 (+0.70%)

USD 5.34B
UGI UGI Corporation

+0.20 (+0.82%)

USD 5.26B
BIPC Brookfield Infrastructure Cor..

+0.12 (+0.35%)

USD 4.46B
SR-PA Spire Inc

+0.07 (+0.29%)

USD 3.97B
BKH Black Hills Corporation

+0.26 (+0.46%)

USD 3.87B
OGS One Gas Inc

-0.26 (-0.40%)

USD 3.64B
SR Spire Inc

+0.64 (+1.05%)

USD 3.26B
CPK Chesapeake Utilities Corporati..

+1.28 (+1.17%)

USD 2.27B

ETFs Containing NJR

CSB VictoryShares US Small Ca.. 1.48 % 0.35 %

+0.07 (+0%)

USD 0.31B
KSCD 0.00 % 0.00 %

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Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated Gas) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.78% 21% F 31% F
Dividend Return 0.94% 21% F 47% F
Total Return -1.84% 14% F 30% F
Trailing 12 Months  
Capital Gain -16.07% 50% F 14% F
Dividend Return 3.14% 43% F 47% F
Total Return -12.94% 57% F 15% F
Trailing 5 Years  
Capital Gain -12.64% 64% D 33% F
Dividend Return 14.22% 45% F 56% F
Total Return 1.58% 55% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain 2.46% 93% A 50% F
Dividend Return 5.91% 93% A 53% F
Total Return 3.45% 64% D 66% D+
Risk Return Profile  
Volatility (Standard Deviation) 22.16% 29% F 51% F
Risk Adjusted Return 26.67% 86% B+ 50% F
Market Capitalization 2.95B 62% D 74% C

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Regulated Gas) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 26.80 50% 50%
Price/Book Ratio 1.99 17% 43%
Price / Cash Flow Ratio 8.58 31% 43%
Price/Free Cash Flow Ratio 13.50 25% 30%
Management Effectiveness  
Return on Equity 11.94% 86% 64%
Return on Invested Capital 7.21% 86% 53%
Return on Assets 3.46% 79% 60%
Debt to Equity Ratio 139.04% 36% 24%

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 return on assets

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

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.

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.