New Jersey Resources Corporation
New Jersey Resources Corporation
Your view on NJR
Overview
What the company does, where it operates, and who runs it.
About New Jersey Resources Corporation
- Industry
- Regulated Gas
- Sector
- Utilities
- CEO
- Stephen D. Westhoven
- Headquarters
- 1415 Wyckoff Road, Wall, NJ, US
- Industry
- Regulated Gas
- Sector
- Utilities
- CEO
- Stephen D. Westhoven
- Headquarters
- 1415 Wyckoff Road, Wall, NJ, US
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 approximately 564,000 residential and commercial customers throughout 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 commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York.
The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada.
The Storage and Transportation segment invests in natural gas transportation and storage facilities.
It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities.
The company was incorporated in 1981 and is headquartered in Wall, New Jersey.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for New Jersey Resources Corporation, and the rating behind it. NJR last traded at $53.16, 14.6× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for New Jersey Resources Corporation. Starting points for New Jersey Resources Corporation: P/E 14.6, EPS $3.62, beta 0.51 — an Regulated Gas name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for New Jersey Resources Corporation. New Jersey Resources Corporation paid $1.90 per share over the last year — a 3.6% yield at the current $53.16 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for New Jersey Resources Corporation. Trailing twelve-month EPS for New Jersey Resources Corporation stands at $3.62. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for New Jersey Resources Corporation. New Jersey Resources Corporation has reported as a listed company since 1980. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
New Jersey Resources Corporation valued side by side against its closest peers. New Jersey Resources Corporation is measured against Regulated Gas peers within the Utilities sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold New Jersey Resources Corporation, and how their positions are changing. At a $5.37B market value, institutional positions materially move New Jersey Resources Corporation's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by New Jersey Resources Corporation executives and directors. Shares of New Jersey Resources Corporation have traded between $43.46 and $51.95 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming New Jersey Resources Corporation. New Jersey Resources Corporation is a $5.37B Utilities company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming New Jersey Resources Corporation. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for New Jersey Resources Corporation. Coverage tracks New Jersey Resources Corporation within Regulated Gas (Utilities). Press releases and market coverage, newest first.