New Jersey Resources
NJR
Market cap $4.74B

48.01 USD

+0.74

1.57%

At close Nov 15, 4:00 PM EST

After hours

48.01

+0.00

0.00%

1 day

1.57%

5 days

2.00%

1 month

3.00%

3 months

6.64%

6 months

8.82%

Year to date

6.05%

1 year

12.83%

5 years

15.74%

10 years

67.57%

Utilities Natural Gas Distribution

0

Funds holding %

of 6,704 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 39

28% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 105

8% more capital invested

Capital invested by funds: $3.1B [Q2] → $3.36B (+$259M) [Q3]

5% more funds holding

Funds holding: 333 [Q2] → 350 (+17) [Q3]

1.28% less ownership

Funds ownership: 73.43% [Q2] → 72.16% (-1.28%) [Q3]

See Fund Rankings

Research analyst outlook

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

Low target

$47

2%

downside

Avg. target

$49

2%

upside

High target

$51

6%

upside

2 analyst ratings

0 positive

0%

2 neutral

100%

0 negative

0%

Wells Fargo Sarah Akers 93% 1-year accuracy 13 / 14 met price target	6%upside $51	Equal-Weight Maintained	16 Oct 2024
Mizuho Gabriel Moreen 95% 1-year accuracy 19 / 20 met price target	2%downside $47	Neutral Maintained	20 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about NJR published over the past 30 days

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

New Jersey Resources Board of Directors Declares Quarterly Dividend

WALL, N.J.--(BUSINESS WIRE)--The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $0.45 per share. The dividend will be payable on January 2, 2025, to shareowners of record as of December 11, 2024. NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 29 years. About New Jersey Resources New Jersey Resources (NYSE: NJR) is a Fo.

New Jersey Resources Board of Directors Declares Quarterly Dividend

New Jersey Natural Gas Receives Approval for Its Largest Ever Energy-efficiency Program

WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources (NYSE: NJR), today received approval from the New Jersey Board of Public Utilities (BPU) for the next generation of its SAVEGREEN® program. The expanded solutions underscore NJNG's commitment to advancing energy-efficiency opportunities and pursuing new, cleaner energy technologies to help customers reduce their energy usage and lower their energy bills. This program cycle is scheduled t.

New Jersey Natural Gas Receives Approval for Its Largest Ever Energy-efficiency Program

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

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