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Upturn AI SWOT - About
NewJersey Resources Corporation (NJR)
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Upturn Advisory Summary
06/30/2025: 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.
Number of Analysts
8 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $53.12
1 Year Target Price $53.12
| 3 | Strong Buy |
| 1 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -11.56% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.48B USD | Price to earnings Ratio 10.84 | 1Y Target Price 53.12 |
Price to earnings Ratio 10.84 | 1Y Target Price 53.12 | ||
Volume (30-day avg) 8 | Beta 0.64 | 52 Weeks Range 40.11 - 50.47 | Updated Date 06/30/2025 |
52 Weeks Range 40.11 - 50.47 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 4.03% | Basic EPS (TTM) 4.12 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 20.03% | Operating Margin (TTM) -7.47% |
Management Effectiveness
Return on Assets (TTM) 5.09% | Return on Equity (TTM) 17.83% |
Valuation
Trailing PE 10.84 | Forward PE 14.22 | Enterprise Value 7813342854 | Price to Sales(TTM) 2.16 |
Enterprise Value 7813342854 | Price to Sales(TTM) 2.16 | ||
Enterprise Value to Revenue 3.77 | Enterprise Value to EBITDA 9.2 | Shares Outstanding 100372000 | Shares Floating 95743898 |
Shares Outstanding 100372000 | Shares Floating 95743898 | ||
Percent Insiders 0.45 | Percent Institutions 78.2 |
Analyst Ratings
Rating 3 | Target Price 53.12 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 4 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
NewJersey Resources Corporation
Company Overview
History and Background
NewJersey Resources Corporation (NJR) was founded in 1952 as New Jersey Natural Gas Company. It has evolved from a single-utility operation to a diversified energy company with operations throughout New Jersey and beyond.
Core Business Areas
- New Jersey Natural Gas: Distribution of natural gas to customers in central and northern New Jersey.
- NJR Energy Services: Wholesale energy marketing and trading.
- NJR Clean Energy Ventures: Investment in and operation of clean energy projects, including solar and wind.
- NJR Storage and Transportation: Provides natural gas storage and transportation services.
Leadership and Structure
The leadership team is headed by the CEO, Steve Westhoven. The organizational structure includes various departments overseeing finance, operations, marketing, and strategy, ensuring efficient management and strategic direction.
Top Products and Market Share
Key Offerings
- Natural Gas Distribution: Delivery of natural gas to over 578,000 residential and business customers. Market share in its service territory is close to 100% but it's difficult to expand past this because it is an area with regulated monopolies. Competitors are other forms of energy such as electricity and oil.
- Wholesale Energy: Energy Services engages in energy marketing and trading activities. Market share varies, operating in a competitive wholesale market where players like BP and Shell Energy North America are significant competitors. Hard to pinpoint exact market share.
- Clean Energy Investments: Investments in solar and wind projects. Operates in a growing but competitive market, with national and international players like NextEra Energy Resources and Invenergy. Market share is based on installed capacity which is hard to pin down given how small NJR is relative to these competitors.
Market Dynamics
Industry Overview
The energy industry is undergoing a significant transformation, driven by increased demand for cleaner energy sources and technological advancements in renewable energy generation and storage. Increased government regulation and focus on ESG investments have also been major catalysts.
Positioning
NJR is positioned as a diversified energy company focused on delivering reliable energy services and investing in clean energy solutions. Its competitive advantage lies in its strong customer base, regulated utility operations, and strategic investments in renewable energy projects.
Total Addressable Market (TAM)
The total addressable market (TAM) for natural gas distribution and clean energy in NJR's service area is estimated to be in the billions of dollars. NJR is well-positioned to capture a significant share of this market through its existing infrastructure and investments in renewable energy.
Upturn SWOT Analysis
Strengths
- Strong regulated utility business
- Diversified revenue streams
- Investments in clean energy projects
- Established customer base
- Strong financial position
Weaknesses
- Dependence on regulatory approvals
- Exposure to commodity price volatility
- Geographic concentration in New Jersey
- Limited brand recognition outside of New Jersey
Opportunities
- Expansion of clean energy portfolio
- Growth in natural gas demand
- Infrastructure modernization projects
- Potential acquisitions in the energy sector
- Governmental incentives for clean energy
Threats
- Increased competition from other energy providers
- Changes in government regulations
- Economic downturn impacting energy demand
- Environmental concerns regarding natural gas usage
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- NI (NI)
- UGI (UGI)
- NWN (NWN)
Competitive Landscape
NJR competes with other energy companies in the region and nationally. Its competitive advantages include its strong customer base, regulated utility operations, and investments in renewable energy projects. Its disadvantages are its smaller size relative to national players.
Major Acquisitions
Leaf River Energy Center
- Year: 2020
- Acquisition Price (USD millions): 367.5
- Strategic Rationale: Expanded NJR's natural gas storage capabilities.
Growth Trajectory and Initiatives
Historical Growth: NJR has experienced steady growth in its regulated utility business and has expanded its clean energy investments over the past years.
Future Projections: Analysts project continued growth in revenue and earnings, driven by infrastructure investments and renewable energy projects.
Recent Initiatives: NJR has recently invested in new solar projects and infrastructure modernization to support future growth.
Summary
NewJersey Resources Corporation is a stable utility company with growing investments in clean energy. Its regulated utility business provides a solid foundation, while its clean energy ventures offer growth potential. Regulatory risks and commodity price volatility are key challenges to monitor. NJR should continue to focus on infrastructure modernization and diversification to enhance its long-term prospects.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q)
- Analyst reports
- Company press releases
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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.
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