New Jersey Resources Corporation (NJR)

NYSE: NJR · Real-Time Price · USD
47.40
-0.26 (-0.55%)
Aug 14, 2025, 11:27 AM - Market open
-0.55%
Market Cap 4.76B
Revenue (ttm) 2.10B
Net Income (ttm) 411.68M
Shares Out 100.45M
EPS (ttm) 4.10
PE Ratio 11.55
Forward PE 15.17
Dividend $1.80 (3.80%)
Ex-Dividend Date Jun 10, 2025
Volume 63,587
Open 47.64
Previous Close 47.66
Day's Range 47.34 - 47.69
52-Week Range 43.80 - 51.95
Beta 0.65
Analysts Hold
Price Target 51.50 (+8.65%)
Earnings Date Aug 4, 2025

About NJR

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... [Read more]

Sector Utilities
Founded 1922
Employees 1,372
Stock Exchange NYSE
Ticker Symbol NJR
Full Company Profile

Financial Performance

In 2024, New Jersey Resources's revenue was $1.80 billion, a decrease of -8.48% compared to the previous year's $1.96 billion. Earnings were $289.78 million, an increase of 9.46%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for NJR stock is "Hold." The 12-month stock price target is $51.5, which is an increase of 8.65% from the latest price.

Price Target
$51.5
(8.65% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Pullback Gives Investors Opportunity In New Jersey Resources

Despite recent underperformance, I maintain my Buy rating on NJR, seeing its pullback as an opportunity for long-term investors. NJR boasts 29 years of dividend growth, strong earnings beats in FY 202...

1 day ago - Seeking Alpha

New Jersey Resources Corporation (NJR) Q3 2025 Earnings Call Transcript

New Jersey Resources Corporation (NYSE:NJR) Q3 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Executives Adam Prior – Director of Investor Relations Patrick J. Migliaccio – Senior VP & COO ...

8 days ago - Seeking Alpha

New Jersey Resources Reports Fiscal 2025 Third-Quarter Results

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 third quarter and year-to-date period ended June 30, 2025. ...

9 days ago - Business Wire

3 Ideal July Buys And 7 To Watch From 47 'Safer' Dividends In 100 Barron's Sustainable Dogs

Barron's eighth annual (2025) ranking of sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: sh...

Other symbols: AVNTBBYCLXCPBESGISHRL
4 weeks ago - Seeking Alpha

New Jersey Resources Schedules Fiscal 2025 Third Quarter 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 20...

5 weeks ago - Business Wire

New Jersey Resources: Undervalued Growth In A Defensive Utility Sector

New Jersey Resources combines strong core utility growth, clean energy expansion, and disciplined capital allocation, driving robust earnings and sector-leading profitability. Shares trade at a notabl...

2 months ago - Seeking Alpha

100 Sustainable Dividend Dogs: 18 "Safer", 4 Ideal May Buys

I analyze Barron's top 100 sustainable companies, focusing on dividend-paying stocks using the yield-based 'dogcatcher' strategy for value and income. Six of 83 dividend-paying ESG stocks meet the ide...

Other symbols: APDAVNTBBYBKRCPBESGIS
2 months ago - Seeking Alpha

New Jersey Resources Corporation (NJR) Q2 2025 Earnings Call Transcript

New Jersey Resources Corporation (NYSE:NJR) Q2 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Adam Prior - Director of Investor Relations Steve Westhoven - President and C...

3 months ago - Seeking Alpha

New Jersey Resources Reports Fiscal 2025 Second-Quarter Results

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 second quarter ended March 31, 2025. Highlights include: Fi...

3 months ago - Business Wire

New Jersey Natural Gas Expands Workforce Development Programs with Isles, Inc.

WALL, N.J.--(BUSINESS WIRE)--New Jersey Natural Gas (NJNG) today announced the opening of the company's SAVEGREEN® Innovation and Training Annex in Atlantic Highlands, New Jersey, Monmouth County. The...

4 months ago - Business Wire

New Jersey Resources Highlights the Success of the Coastal Climate Initiative in Celebration of Earth Day

WALL, N.J.--(BUSINESS WIRE)--Created to help raise awareness about important environmental issues affecting the world around us, Earth Day has grown into a call to action to promote conservation, adva...

4 months ago - Business Wire

William T. Yardley Elected to the Board of Directors of New Jersey Resources

WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of William T. Yardley to the board, effective July 1, 2025. “Bill Yardley...

4 months ago - Business Wire

New Jersey Resources Schedules Fiscal 2025 Second Quarter 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 20...

4 months ago - Business Wire

The Best Utility Stocks to Buy

Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here's how you can find the best ones to buy.

Other symbols: AEECMSDTEFEIDANIPEG
4 months ago - Kiplinger

New Jersey Resources Appears Well-Positioned For Double-Digit Returns

New Jersey Resources shows consistent earnings growth, rising dividends, and a positive track record with its state utility board when rate increases are necessary. NJR not only looks attractive as a ...

4 months ago - Seeking Alpha

New Jersey Resources Corporation (NJR) Q1 2025 Earnings Call Transcript

New Jersey Resources Corporation (NYSE:NJR) Q1 2025 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Adam Prior – Director-Investor Relations Steve Westhoven – President and...

6 months ago - Seeking Alpha

New Jersey Resources Reports Fiscal 2025 First-Quarter Results

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 first quarter ended December 31, 2024. Regulatory and Opera...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

New Jersey Resources Hosts 72nd Annual Meeting

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), today hosted its 72nd Annual Shareowners Meeting. At the virtual meeting, shareowners elected Gregory E. Aliff, Thomas C. O'Connor and Mi...

7 months ago - Business Wire

New Jersey Resources Announces $50,000 Pledge to Launch Rutgers University's First Vibrant Communities Sustainability & Resiliency Project

WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources (NYSE: NJR), the parent company of New Jersey Natural Gas (NJNG), today announced a new collaborative effort with Rutgers University and its School of...

7 months ago - Business Wire

New Jersey Resources Schedules Fiscal 2025 First Quarter 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 20...

7 months ago - Business Wire

New Jersey Resources Corporation (NJR) Q4 2024 Earnings Call Transcript

New Jersey Resources Corporation (NYSE:NJR) Q4 2024 Earnings Call Transcript November 26, 2024 10:00 AM ET Company Participants Adam Prior - Director of IR Steve Westhoven - President and CEO Roberto...

9 months ago - Seeking Alpha

New Jersey Resources Reports Fiscal 2024 Fourth-Quarter and Year-End Results

WALL, N.J.--(BUSINESS WIRE)--Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the fiscal 2024 fourth quarter and year-ended September 30, 2024. Financial highlights include: Fi...

9 months ago - Business Wire

Spruce Power Announces Acquisition of Residential Solar Portfolio from NJR Clean Energy Ventures, Adding Nearly 9,800 Customers in New Jersey

DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures (“CEV...

Other symbols: SPRU
9 months ago - Business Wire

NJR Clean Energy Ventures Announces Sale of Residential Solar Business

WALL, N.J.--(BUSINESS WIRE)--NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources (NYSE: NJR), today announced the sale of its 91 megawatt (MW) residential solar portfoli...

Other symbols: SPRU
9 months ago - Business Wire