Based on the NewJersey Resources Corporation stock forecast from 2 analysts, the average analyst target price for NewJersey Resources Corporation is USD 48.00 over the next 12 months. NewJersey Resources Corporation’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of NewJersey Resources Corporation is Neutral, which is based on 7 positive signals and 8 negative signals. At the last closing, NewJersey Resources Corporation’s stock price was USD 49.85. NewJersey Resources Corporation’s stock price has changed by +5.46% over the past week, +6.95% over the past month and +16.77% over the last year.
No recent analyst target price found for NewJersey Resources Corporation
No recent average analyst rating found for NewJersey Resources Corporation
Company Overview NewJersey Resources Corporation
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 approximately 576,000 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 in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey. Read Less
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...Read More
Frequently Asked Questions About NewJersey Resources Corporation (NJR) Stock
Based on ratings from 2 analysts NewJersey Resources Corporation's stock is Hold . Stock Target Advisor's fundamental analysis is Neutral. The stock has buy, sell and 2 hold ratings.
NJR stock's dividend yield is 3.84%.
Our analysis grades NJR stock's dividend yield at D. This means that NJR stock's dividend yield is above 63% of the stocks in the Utilities - Regulated Gas sector in the NYE exchange.
Based on this NJR may be a average dividend stock for its sector.
Based on targets from 2 analysts, the average taret price for NJR is USD 48.00 over the next 12 months. The maximum analyst target price is USD 49 while the minimum anlayst target price is USD 47.
NJR stock's Price/Earning ratio is 19.67.
Our analysis grades NJR stock's Price / Earning ratio at F. This means that NJR stock's Price/Earning ratio is above 62% of the stocks in the Utilities - Regulated Gas sector in the NYE exchange.
Based on this NJR may be a overvalued for its sector.
The last closing price of NJR's stock was USD 49.85.
The most recent market capitalization for NJR is USD 4.64B.
Based on targets from 2 analysts, the average taret price for NJR is projected at USD 48.00 over the next 12 months.
This means that NJR's stock price may go down by -3.71% over the next 12 months.
We can't find any ETFs which contains NewJersey Resources Corporation's stock.
As per our most recent records NewJersey Resources Corporation has 1,350 Employees.
NewJersey Resources Corporation's registered address is 1415 Wyckoff Road, Wall, NJ, United States, 07719.
You can get more information about it from NewJersey Resources Corporation's website at https://www.njresources.com.
Heading 1
Heading 2
Heading 3
Heading 4
Heading 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Data 1
Data 2
Data 3
Data 4
Data 5
Stock Target Advisor's Analysis
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
What to like
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
High dividend returns
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
What not to like
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Low Dividend Growth
This stock has shown below median dividend growth in the previous 5 years compared to its sector.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Frequently Asked Questions About NewJersey Resources Corporation (NJR) Stock
Based on ratings from 2 analysts NewJersey Resources Corporation's stock is Hold . Stock Target Advisor's fundamental analysis is Neutral. The stock has buy, sell and 2 hold ratings.
NJR stock's dividend yield is 3.84%.
Our analysis grades NJR stock's dividend yield at D. This means that NJR stock's dividend yield is above 63% of the stocks in the Utilities - Regulated Gas sector in the NYE exchange.
Based on this NJR may be a average dividend stock for its sector.
Based on targets from 2 analysts, the average taret price for NJR is USD 48.00 over the next 12 months. The maximum analyst target price is USD 49 while the minimum anlayst target price is USD 47.
NJR stock's Price/Earning ratio is 19.67.
Our analysis grades NJR stock's Price / Earning ratio at F. This means that NJR stock's Price/Earning ratio is above 62% of the stocks in the Utilities - Regulated Gas sector in the NYE exchange.
Based on this NJR may be a overvalued for its sector.
The last closing price of NJR's stock was USD 49.85.
The most recent market capitalization for NJR is USD 4.64B.
Based on targets from 2 analysts, the average taret price for NJR is projected at USD 48.00 over the next 12 months.
This means that NJR's stock price may go down by -3.71% over the next 12 months.
We can't find any ETFs which contains NewJersey Resources Corporation's stock.
As per our most recent records NewJersey Resources Corporation has 1,350 Employees.
NewJersey Resources Corporation's registered address is 1415 Wyckoff Road, Wall, NJ, United States, 07719.
You can get more information about it from NewJersey Resources Corporation's website at https://www.njresources.com.
Add to Watchlists
loading..
Thank you for Sharing your Stock Targets for NJR !
Loading...
Please login to proceed
Sorry - extended search is only available for registered users.
