New Jersey Resources Corporation

NYQ: NJR
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📈 ZcoreAI Score

Our AI model analyzes New Jersey Resources Corporation's price action across multiple timeframes using regression channels and statistical scoring.

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About New Jersey Resources Corporation

Utilities Utilities - Regulated Gas
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, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts 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 home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.

📊 Fundamental Analysis

New Jersey Resources Corporation demonstrates exceptional profitability, with a profit margin of 15.2%.

The company recently reported 23.9% revenue growth, which is well above average for the Utilities sector.

Return on Equity (ROE) is 13.7%, which exceeds the Utilities sector average, reflecting efficient capital allocation.

At a current price of $56.96, NJR currently trades near the top of its 52-week range (95%) (Range: $43.46 - $57.70).

💰 Valuation Insight

NJR is valued broadly in line with the sector at a PE of 17.63. Analysts expect earnings growth, as indicated by a lower forward PE.

🏥 Financial Health

Profit Margin Excellent
🔴 Debt/Equity Elevated
Revenue Growth Excellent
⚠️ Return on Equity Moderate
Beta (Risk) Low Volatility

Key Financials

Market Cap
$5.74B
Trailing P/E
17.63
Forward P/E
16.61
Beta (5Y)
0.56
52W High
$57.70
52W Low
$43.46
Avg Volume
575K
Day High
Day Low
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