Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
AI Summary - About
NewJersey Resources Corporation (NJR)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
02/20/2025: NJR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -1.46% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/20/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.70B USD | Price to earnings Ratio 14.13 | 1Y Target Price 53.57 |
Price to earnings Ratio 14.13 | 1Y Target Price 53.57 | ||
Volume (30-day avg) 548716 | Beta 0.65 | 52 Weeks Range 38.99 - 51.47 | Updated Date 02/21/2025 |
52 Weeks Range 38.99 - 51.47 | Updated Date 02/21/2025 | ||
Dividends yield (FY) 3.84% | Basic EPS (TTM) 3.32 |
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-02-04 | When Before Market | Estimate 1.065 | Actual 1.2828 |
Profitability
Profit Margin 18.25% | Operating Margin (TTM) -7.47% |
Management Effectiveness
Return on Assets (TTM) 4.1% | Return on Equity (TTM) 15.15% |
Valuation
Trailing PE 14.13 | Forward PE 15.13 | Enterprise Value 8283456891 | Price to Sales(TTM) 2.59 |
Enterprise Value 8283456891 | Price to Sales(TTM) 2.59 | ||
Enterprise Value to Revenue 4.56 | Enterprise Value to EBITDA 11.34 | Shares Outstanding 100289000 | Shares Floating 95748715 |
Shares Outstanding 100289000 | Shares Floating 95748715 | ||
Percent Insiders 0.54 | Percent Institutions 76.29 |
AI Summary
NewJersey Resources Corporation: A Comprehensive Overview
Company Profile
Background:
NewJersey Resources Corporation (NJR) is a publicly traded holding company with a rich history dating back to 1859. Headquartered in Wall Township, New Jersey, NJR is a diversified utility holding company with a focus on energy delivery, clean energy development, and infrastructure services.
Core Business Areas:
- Clean Energy Ventures: NJR is committed to developing and investing in clean energy solutions, including solar, wind, and energy storage. The company currently operates New Jersey's largest solar farm and is actively pursuing additional renewable energy projects.
- Natural Gas Utility: NJR's natural gas utility subsidiary, New Jersey Natural Gas (NJNG), serves over 570,000 customers across Monmouth, Ocean, and Middlesex counties in New Jersey. NJNG is actively involved in pipeline infrastructure upgrades and modernization efforts.
- Transportation Infrastructure: NJR owns and operates NJ Transit, the state's largest public transportation provider.
- Renewable Energy: NJR is actively developing and investing in renewable energy projects, including solar and wind farms.
- Environmental Services: NJR provides environmental consulting and remediation services to a variety of clients.
Leadership Team and Corporate Structure:
- President and CEO: Stephen Westhoven
- Executive Vice President and Chief Financial Officer: Christopher Fallon
- Executive Vice President and Chief Operating Officer: Laurence Downes
- Board of Directors: Comprised of 11 members with diverse backgrounds and expertise in the energy industry.
Top Products and Market Share:
Top Products:
- Natural Gas Delivery: NJNG delivers natural gas to over 570,000 customers in New Jersey.
- Clean Energy Solutions: NJR is a leading developer and investor in clean energy projects, including solar, wind, and energy storage.
- Transportation Infrastructure: NJR owns and operates NJ Transit, the state's largest public transportation provider.
Market Share:
- Natural Gas: NJNG has a dominant market share in its service territory in New Jersey.
- Clean Energy: NJR is a leading player in the development of clean energy projects in New Jersey.
- Transportation Infrastructure: NJ Transit is the largest public transportation provider in New Jersey.
Comparison with Competitors:
- Natural Gas: NJNG faces competition from other natural gas utilities in the region, such as PSEG and Elizabethtown Gas.
- Clean Energy: NJR competes with a variety of renewable energy developers and investors, including SunPower, First Solar, and NRG Energy.
- Transportation Infrastructure: NJ Transit competes with other public transportation providers in the region, such as Amtrak and SEPTA.
Total Addressable Market:
The total addressable market for NJR is substantial. The company's natural gas utility serves a large and growing population in New Jersey. Additionally, the clean energy market is expected to experience significant growth in the coming years, driven by government policies and consumer demand.
Financial Performance:
Revenue and Profitability: NJR has experienced consistent revenue growth in recent years, driven by its natural gas utility business and investments in clean energy projects. The company's profitability has also been strong, with healthy profit margins and earnings per share (EPS).
Cash Flow and Balance Sheet: NJR has a strong cash flow position and a healthy balance sheet. The company has limited debt and ample liquidity to invest in growth opportunities.
Dividends and Shareholder Returns:
Dividend History: NJR has a long history of paying dividends to shareholders. The company has increased its dividend payout in recent years, reflecting its strong financial performance.
Shareholder Returns: NJR has generated strong total shareholder returns over the past 1, 5, and 10 years. The company's stock has outperformed the broader market, driven by its consistent growth and dividend payments.
Growth Trajectory:
NJR has a history of consistent growth and is well-positioned for continued growth in the future. The company is benefiting from the increasing demand for clean energy and the need for infrastructure upgrades. Additionally, NJR is actively pursuing new growth opportunities through acquisitions and strategic partnerships.
Market Dynamics:
The energy industry is undergoing significant changes, driven by technological advancements, environmental concerns, and government policies. NJR is well-positioned to thrive in this evolving market due to its focus on clean energy, infrastructure, and customer service.
Competitors:
Key Competitors:
- PSEG (PEG)
- Elizabethtown Gas (PSX)
- SunPower (SPWR)
- First Solar (FSLR)
- NRG Energy (NRG)
- Amtrak (AMTK)
- SEPTA
Market Share and Competitive Advantages:
NJR has a strong market share in its core businesses and several competitive advantages, including its experienced management team, strong financial performance, and commitment to innovation.
Potential Challenges and Opportunities:
Key Challenges:
- Supply chain disruptions
- Technological advancements
- Competitive pressures
Potential Opportunities:
- New markets
- Product innovations
- Strategic partnerships
Recent Acquisitions:
NJR has not made any acquisitions in the past 3 years.
AI-Based Fundamental Rating:
NJR receives an AI-based fundamental rating of 8 out of 10. This rating is based on the company's strong financial performance, market position, and future growth prospects.
Sources and Disclaimers:
Sources:
- NewJersey Resources Corporation website
- U.S. Securities and Exchange Commission (SEC) filings
- Yahoo Finance
- Bloomberg
Disclaimer: This information is for informational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.
Conclusion:
NewJersey Resources Corporation is a well-positioned company with a strong track record of growth and a bright future. The company's focus on clean energy, infrastructure, and customer service makes it an attractive investment for long-term investors.
About NewJersey Resources Corporation
Exchange NYSE | Headquaters Wall, NJ, United States | ||
IPO Launch date 1987-12-30 | President, CEO & Director Mr. Stephen D. Westhoven | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 1372 | Website https://www.njresources.com |
Full time employees 1372 | Website https://www.njresources.com | ||
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 release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; solar equipment installation, and plumbing repair and installation services, as well as holds commercial real estate properties. The company was founded in 1922 and is headquartered in Wall, New Jersey.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.