New Jersey Resources
NJR
Market cap $4.65B

47.01 USD

-0.63

1.32%

At close Oct 17, 4:00 PM EDT

After hours

47.01

+0.00

0.00%

1 day

-1.32%

5 days

3.91%

1 month

-2.10%

3 months

1.97%

6 months

13.14%

Year to date

3.84%

1 year

9.15%

5 years

7.94%

Utilities Natural Gas Distribution

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

26% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 104

0% more funds holding

Funds holding: 333 [Q1] → 333 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 38

0% less capital invested

Capital invested by funds: $3.06B [Q1] → $3.06B (-$3.42M) [Q2]

0.14% less ownership

Funds ownership: 72.59% [Q1] → 72.44% (-0.14%) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$47

0%

upside

Avg. target

$49

4%

upside

High target

$51

8%

upside

3 analyst ratings

0 positive

0%

3 neutral

100%

0 negative

0%

Wells Fargo Sarah Akers 62% 1-year accuracy 8 / 13 met price target	8%upside $51	Equal-Weight Maintained	16 Oct 2024
Mizuho Gabriel Moreen 86% 1-year accuracy 12 / 14 met price target	0%downside $47	Neutral Maintained	20 Sept 2024
JP Morgan Richard Sunderland 100% 1-year accuracy 3 / 3 met price target	4%upside $49	Neutral Maintained	15 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about NJR published over the past 30 days

Zacks Investment Research

4 Gas Distribution Stocks to Watch From a Muted Industry

Despite near-term weak prospects of the Gas distribution industry, stocks like ATO, UGI, MDU, and NJR, with their systematic investments to strengthen operations and rising earnings estimates, warrant a look.

4 Gas Distribution Stocks to Watch From a Muted Industry

New Jersey Resources Schedules Fiscal 2024 Fourth Quarter and Year-End Earnings Call

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2024 fourth quarter and year-end financial results on Tuesday, November 26, 2024, at 10 a.m. ET. New Jersey Resources will release these results on Monday, November 25, 2024, after the close of the stock market. A few minutes prior to the webcast, visit www.njresources.com and select “Investor Relati.

New Jersey Resources Schedules Fiscal 2024 Fourth Quarter and Year-End Earnings Call

New Jersey Resources: Still A Buy After Its Recent Dividend Hike

Last month, New Jersey Resources upped its quarterly dividend per share for the 29th consecutive year. The natural gas utility missed analyst expectations for total operating revenue and consolidated net financial loss, but its fundamentals look to be intact. New Jersey Resources' dividend is well-covered, and its balance sheet is responsibly capitalized.

New Jersey Resources: Still A Buy After Its Recent Dividend Hike

4 Upcoming Dividend Increases

My strategy focuses on buying, holding, and adding companies with consistent dividend growth and outperforming benchmarks, ensuring a successful long-term portfolio. I passed on Lam Research due to competition with Applied Materials but added Amphenol for its unique position in high-growth industries like 5G and EVs. The list merges data from "U.S. Dividend Champions" and NASDAQ, featuring companies with at least five years of consistent dividend growth.

4 Upcoming Dividend Increases

Zacks Investment Research

New Jersey Resources Rewards Shareholders With 7.1% Dividend Hike

NJR continues to increase shareholders' value as its board of directors approves a 7.1% quarterly dividend hike.

New Jersey Resources Rewards Shareholders With 7.1% Dividend Hike

New Jersey Resources Board of Directors Increases Dividend by 7.1% to $0.45 Per Share

WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved a 7.1 percent increase in the quarterly dividend rate to $0.45 per share from $0.42 per share. The new quarterly rate will be effective with the dividend payable October 1, 2024 to shareowners of record on September 23, 2024. The new annual dividend rate will be $1.80 per share. NJR has paid quarterly dividends continuously since its inception in 1952, and has r.

New Jersey Resources Board of Directors Increases Dividend by 7.1% to $0.45 Per Share

Zacks Investment Research

Reasons to Add New Jersey Resources Stock to Your Portfolio Now

NJR makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value.

Reasons to Add New Jersey Resources Stock to Your Portfolio Now

Zacks Investment Research

Take the Zacks Approach to Beat the Markets: New Jersey Resources, Axon, Coca-Cola in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Take the Zacks Approach to Beat the Markets: New Jersey Resources, Axon, Coca-Cola in Focus

New Jersey Resources Corporation (NJR) Q3 2024 Earnings Call Transcript

New Jersey Resources Corporation (NYSE:NJR ) Q3 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Adam Prior - Head of Investor Relations Steve Westhoven - President and Chief Executive Officer Roberto Bel - Senior Vice President and Chief Financial Officer Pat Migliaccio - Senior Vice President and Chief Operating Officer Conference Call Participants Richard Sunderland - JPMorgan Travis Miller - Morningstar Michael Gaugler - Janney Montgomery Scott Robert Mosca - Mizuho Operator Hello. My name is Ellie, and I will be your operator for today.

New Jersey Resources Corporation (NJR) Q3 2024 Earnings Call Transcript

Zacks Investment Research

New Jersey Resources (NJR) Reports Q3 Loss, Lags Revenue Estimates

New Jersey Resources (NJR) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.10 per share a year ago.

New Jersey Resources (NJR) Reports Q3 Loss, Lags Revenue Estimates

See News Rankings

Charts implemented using Lightweight Charts™