How to buy New Jersey Resources Corporation stock

New Jersey Resources Corporation is an utilities-regulated gas business based in the US. New Jersey Resources Corporation shares (NJR) are listed on the NYSE and all prices are listed in US Dollars. New Jersey Resources Corporation employs 1,200 staff and has a trailing 12-month revenue of around 0.00.

New Jersey Resources Corporation share price

Use our graph to track the performance of NJR stocks over time.

New Jersey Resources Corporation shares at a glance

• Key figures

Information last updated 2021-04-23.

52-week range	$25.42 - $43.24
50-day moving average	$40.88
200-day moving average	$36.00
Wall St. target price	$42.33
PE ratio	20.439
Dividend yield	$1.29 (3.01%)
Earnings per share (TTM)	$2.07

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Is it a good time to buy New Jersey Resources Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of New Jersey Resources Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is New Jersey Resources Corporation under- or over-valued?

Valuing New Jersey Resources Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Jersey Resources Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New Jersey Resources Corporation's P/E ratio

New Jersey Resources Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, New Jersey Resources Corporation shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

New Jersey Resources Corporation's PEG ratio

New Jersey Resources Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.4909. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into New Jersey Resources Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

New Jersey Resources Corporation's EBITDA

New Jersey Resources Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $351.4 million.

The EBITDA is a measure of a New Jersey Resources Corporation's overall financial performance and is widely used to measure a its profitability.

New Jersey Resources Corporation financials

Revenue TTM	$1.8 billion
Operating margin TTM	12.45%
Gross profit TTM	$379.3 million
Return on assets TTM	2.66%
Return on equity TTM	11.3%
Profit margin	11.11%
Book value	$17.66
Market capitalisation	$4.1 billion

TTM: trailing 12 months

Shorting New Jersey Resources Corporation shares

There are currently 2.3 million New Jersey Resources Corporation shares held short by investors – that's known as New Jersey Resources Corporation's "short interest". This figure is 20.5% down from 2.8 million last month.

There are a few different ways that this level of interest in shorting New Jersey Resources Corporation shares can be evaluated.

New Jersey Resources Corporation's "short interest ratio" (SIR)

New Jersey Resources Corporation's "short interest ratio" (SIR) is the quantity of New Jersey Resources Corporation shares currently shorted divided by the average quantity of New Jersey Resources Corporation shares traded daily (recently around 632649.44134078). New Jersey Resources Corporation's SIR currently stands at 3.58. In other words for every 100,000 New Jersey Resources Corporation shares traded daily on the market, roughly 3580 shares are currently held short.

However New Jersey Resources Corporation's short interest can also be evaluated against the total number of New Jersey Resources Corporation shares, or, against the total number of tradable New Jersey Resources Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New Jersey Resources Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 New Jersey Resources Corporation shares in existence, roughly 20 shares are currently held short) or 0.0316% of the tradable shares (for every 100,000 tradable New Jersey Resources Corporation shares, roughly 32 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against New Jersey Resources Corporation.

Find out more about how you can short New Jersey Resources Corporation stock.

New Jersey Resources Corporation share dividends

Dividend payout ratio: 62.68% of net profits

Recently New Jersey Resources Corporation has paid out, on average, around 62.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Jersey Resources Corporation shareholders could enjoy a 3.14% return on their shares, in the form of dividend payments. In New Jersey Resources Corporation's case, that would currently equate to about $1.29 per share.

New Jersey Resources Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

New Jersey Resources Corporation's most recent dividend payout was on 31 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 June 2021 (the "ex-dividend date").

Have New Jersey Resources Corporation's shares ever split?

New Jersey Resources Corporation's shares were split on a 2:1 basis on 3 March 2015. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your New Jersey Resources Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for New Jersey Resources Corporation shares which in turn could have impacted New Jersey Resources Corporation's share price.

New Jersey Resources Corporation share price volatility

Over the last 12 months, New Jersey Resources Corporation's shares have ranged in value from as little as $25.4193 up to $43.24. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while New Jersey Resources Corporation's is 0.5295. This would suggest that New Jersey Resources Corporation's shares are less volatile than average (for this exchange).

New Jersey Resources Corporation overview

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects located in New Jersey, Connecticut, and Rhode Island. The Energy Services segment provides unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities.

Frequently asked questions

What percentage of New Jersey Resources Corporation is owned by insiders or institutions?
Currently 0.867% of New Jersey Resources Corporation shares are held by insiders and 76.608% by institutions. How many people work for New Jersey Resources Corporation?
Latest data suggests 1,200 work at New Jersey Resources Corporation. When does the fiscal year end for New Jersey Resources Corporation?
New Jersey Resources Corporation's fiscal year ends in September. Where is New Jersey Resources Corporation based?
New Jersey Resources Corporation's address is: 1415 Wyckoff Road, Monmouth County, NJ, United States, 07719 What is New Jersey Resources Corporation's ISIN number?
New Jersey Resources Corporation's international securities identification number is: US6460251068 What is New Jersey Resources Corporation's CUSIP number?
New Jersey Resources Corporation's Committee on Uniform Securities Identification Procedures number is: 646025106