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NJR logo NJR
Upturn stock ratingUpturn stock rating
NJR logo

NewJersey Resources Corporation (NJR)

Upturn stock ratingUpturn stock rating
$45.13
Last Close (24-hour delay)
Profit since last BUY-1.91%
upturn advisory
WEAK BUY
BUY since 60 days
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

10/13/2025: NJR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

8 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $53.43

1 Year Target Price $53.43

Analysts Price Target For last 52 week
$53.43 Target price
52w Low $43.07
Current$45.13
52w High $49.96

Analysis of Past Performance

Type Stock
Historic Profit -13.28%
Avg. Invested days 46
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/13/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.59B USD
Price to earnings Ratio 11.01
1Y Target Price 53.43
Price to earnings Ratio 11.01
1Y Target Price 53.43
Volume (30-day avg) 8
Beta 0.66
52 Weeks Range 43.07 - 49.96
Updated Date 10/13/2025
52 Weeks Range 43.07 - 49.96
Updated Date 10/13/2025
Dividends yield (FY) 3.94%
Basic EPS (TTM) 4.1

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 19.64%
Operating Margin (TTM) -7.47%

Management Effectiveness

Return on Assets (TTM) 4.97%
Return on Equity (TTM) 18.03%

Valuation

Trailing PE 11.01
Forward PE 14.99
Enterprise Value 8280840000
Price to Sales(TTM) 2.19
Enterprise Value 8280840000
Price to Sales(TTM) 2.19
Enterprise Value to Revenue 3.95
Enterprise Value to EBITDA 9.74
Shares Outstanding 100400000
Shares Floating 95788218
Shares Outstanding 100400000
Shares Floating 95788218
Percent Insiders 0.46
Percent Institutions 78.21

ai summary icon Upturn AI SWOT

NewJersey Resources Corporation

stock logo

Company Overview

overview logo History and Background

NewJersey Resources Corporation (NJR) was founded in 1952. It started as a natural gas distribution company and has evolved into a diversified energy company with operations in natural gas, clean energy ventures, and energy services.

business area logo Core Business Areas

  • NJR Gas: Regulated natural gas distribution serving over half a million customers in central and northern New Jersey.
  • NJR Clean Energy Ventures: Invests in and operates solar and wind energy projects.
  • NJR Energy Services: Provides wholesale energy solutions, including natural gas and electricity supply, risk management, and energy consulting services.
  • NJR Storage & Transportation: Operates natural gas storage facilities.

leadership logo Leadership and Structure

The leadership team is headed by the CEO. The organizational structure is typical of a publicly traded company, with various departments and divisions reporting to the CEO and executive team.

Top Products and Market Share

overview logo Key Offerings

  • Natural Gas Distribution: Delivery of natural gas to residential and commercial customers in New Jersey. Market share is significant within its service territory, but overall market share compared to national gas distributors is smaller. Competitors within the region include South Jersey Gas and Elizabethtown Gas.
  • Clean Energy Ventures: Owns and operates solar and wind projects. Market share is growing but is still relatively small compared to major renewable energy developers. Competitors include NextEra Energy Resources and Invenergy.

Market Dynamics

industry overview logo Industry Overview

The energy industry is undergoing a transition towards cleaner energy sources, with increasing focus on renewable energy and energy efficiency. Natural gas remains an important fuel source for power generation and heating.

Positioning

NJR is positioned as a diversified energy company, balancing its regulated natural gas distribution business with investments in clean energy. Its competitive advantage lies in its established infrastructure and customer base in New Jersey.

Total Addressable Market (TAM)

The TAM for natural gas distribution and renewable energy is substantial, encompassing residential, commercial, and industrial customers. NJR is positioned to capture a share of this market through its existing operations and expansion into clean energy.

Upturn SWOT Analysis

Strengths

  • Established regulated natural gas distribution business
  • Diversification into clean energy ventures
  • Strong customer base in New Jersey
  • Experienced management team

Weaknesses

  • Dependence on regulatory approvals
  • Exposure to commodity price fluctuations
  • Limited geographic diversification compared to larger peers

Opportunities

  • Expansion of renewable energy portfolio
  • Growth in demand for natural gas
  • Investments in energy efficiency programs
  • Acquisitions of other energy companies

Threats

  • Increasing competition from other energy sources
  • Changes in environmental regulations
  • Economic downturns
  • Interest rate hikes

Competitors and Market Share

competitor logo Key Competitors

  • UGI Corporation (UGI)
  • Chesapeake Utilities Corporation (CPK)
  • South Jersey Industries (SJI)

Competitive Landscape

NJR competes with other energy companies in its service territory and in the clean energy market. Its competitive advantages include its established infrastructure and customer base, and diversification into clean energy.

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by customer growth in its natural gas distribution business and expansion of its clean energy ventures.

Future Projections: Analyst estimates project moderate growth in earnings per share driven by regulated rate increases and clean energy investments.

Recent Initiatives: Recent strategic initiatives include investments in renewable energy projects and infrastructure upgrades to its natural gas distribution system.

Summary

NewJersey Resources Corporation presents as a stable, diversified energy company, balancing a reliable natural gas distribution business with growing investments in renewable energy. Its regulated utility provides a consistent revenue stream, while clean energy ventures offer long-term growth potential. Risks include regulatory dependence and commodity price volatility. Expansion opportunities in renewable energy can continue to drive growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Analyst Reports
  • Company Website
  • Investor Presentations

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 1372

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.