Inside the research
New Jersey Resources Corporation
NJR Research profile · latest available data
Price overview
$50.61
▼ -0.45 (-0.9%)
| 52w hi | $59.48 |
|---|---|
| 52w lo | $42.51 |
| Vol | 1.47M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.54
| Short | -0.71 |
|---|---|
| Medium | -0.55 |
| Long | -0.16 |
computed 2026-09-27
Key fundamentals
New Jersey Resources Corporation
Utilities · Utilities - Regulated Gas
| Market cap | $5.14B |
|---|---|
| Enterprise value | $8.98B |
| Trailing P/E | 14.02x |
| Forward P/E | 14.68x |
| EV / EBITDA | 11.94x |
| P / S (ttm) | 2.29x |
| Profit margin | 16.4% |
| Return on equity | 14.5% |
| Revenue growth | +16.8% |
| Debt / equity | 146.78 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.30 | |
| Sector | -0.10 | |
| Technical | -0.11 | |
| Earnings | +0.00 | |
| Sentiment | -0.78 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 0.02 |
|---|---|
| Corr SPX | 0.02 |
| Annual vol | 18.2% |
| Annual ret | +4.7% |
| Sharpe | 0.26 |
| Max DD | -15.7% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-03 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-01 | Reg FD Disclosure, Exhibits | read |
| 2026-05-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-02-02 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-23 | Officer / Director Change, Shareholder Vote… | read |
| 2025-11-19 | Earnings Release, Reg FD Disclosure… | read |
| 2025-11-06 | Officer / Director Change, Exhibits | read |
| 2025-09-11 | Officer / Director Change, Exhibits | read |
| 2025-08-21 | Material Agreement, Material Obligation… | read |
| 2025-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-06-13 | Reg FD Disclosure, Exhibits | read |
| 2025-05-05 | Earnings Release, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-22 | D'Antuono Christopher T. | Corporate Controller and | Sell | 1.15K | $65.94K |
| 2026-05-11 | Migliaccio Patrick J. | Senior VP and COO, NJNG | Sell | 3.00K | $167.50K |
| 2026-05-08 | KENNY JANE M | Sell | 8.00K | $448.80K | |
| 2026-03-19 | Reich Richard | SVP and Gen Counsel | Sell | 5.45K | $288.74K |
| 2026-03-16 | Bel Roberto | SVP and CFO | Sell | 2.04K | $112.13K |
| 2026-01-21 | O'Sullivan Michael A | Option exercise | 2.94K | $140.94K | |
| 2026-01-21 | Hardwick M Susan | Option exercise | 2.94K | $140.94K |
Flow & Concentration
| Insider 180d net | -$682.24K |
|---|---|
| Insider buys / sells | 0 / 3 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Dividends
| Yield (TTM) | 1.88% |
|---|---|
| $ / share (TTM) | $0.95 |
| 5y CAGR | +7.4% |
Annual dividend per share
| 2021 | $1.39 |
|---|---|
| 2022 | $1.51 |
| 2023 | $1.62 |
| 2024 | $1.74 |
| 2025 | $1.85 |
| 2026 | $0.47 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.35B | +9.5% | |
| Operating income | $508.87M | +7.2% | |
| Net income | $335.63M | +7.8% | |
| Cash from ops | $478.99M | +3.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $51.00 | $51.11 | $50.25 | $50.61 | 1.47M |
| Sep 24 | $51.93 | $51.93 | $50.91 | $51.06 | 933.10K |
| Sep 23 | $53.02 | $53.28 | $52.00 | $52.22 | 603.10K |
| Sep 22 | $52.91 | $53.33 | $52.33 | $52.72 | 590.40K |
| Sep 21 | $53.92 | $53.92 | $52.88 | $52.92 | 635.90K |
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