NewJersey Resources Corporation (NJR): Price and Financial Metrics

NewJersey Resources Corporation (NJR): $52.28

0.11 (+0.21%)

POWR Rating

Component Grades














  • Momentum is the dimension where NJR ranks best; there it ranks ahead of 88.12% of US stocks.
  • The strongest trend for NJR is in Stability, which has been heading down over the past 177 days.
  • NJR's current lowest rank is in the Quality metric (where it is better than 11.94% of US stocks).

NJR Stock Summary

  • NEW JERSEY RESOURCES CORP's stock had its IPO on December 30, 1987, making it an older stock than 90.76% of US equities in our set.
  • Of note is the ratio of NEW JERSEY RESOURCES CORP's sales and general administrative expense to its total operating expenses; just 0.4% of US stocks have a lower such ratio.
  • For NJR, its debt to operating expenses ratio is greater than that reported by 96.03% of US equities we're observing.
  • If you're looking for stocks that are quantitatively similar to NEW JERSEY RESOURCES CORP, a group of peers worth examining would be SR, CWEN, BKH, LNT, and NWN.
  • NJR's SEC filings can be seen here. And to visit NEW JERSEY RESOURCES CORP's official web site, go to

NJR Valuation Summary

  • In comparison to the median Utilities stock, NJR's price/sales ratio is 27.27% lower, now standing at 1.6.
  • NJR's price/earnings ratio has moved up 2.7 over the prior 243 months.

Below are key valuation metrics over time for NJR.

Stock Date P/S P/B P/E EV/EBIT
NJR 2023-03-23 1.6 2.5 17.3 18.1
NJR 2023-03-22 1.7 2.5 17.4 18.2
NJR 2023-03-21 1.7 2.6 17.9 18.5
NJR 2023-03-20 1.7 2.6 18.2 18.6
NJR 2023-03-17 1.7 2.6 18.1 18.6
NJR 2023-03-16 1.7 2.6 18.1 18.6

NJR Growth Metrics

    Its year over year revenue growth rate is now at 27.24%.
  • Its 4 year price growth rate is now at -16.33%.
  • The 3 year cash and equivalents growth rate now stands at -83.28%.
NJR's revenue has moved up $816,676,000 over the prior 70 months.

The table below shows NJR's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 2,953.704 271.94 279.531
2022-09-30 2,905.979 323.48 274.922
2022-06-30 2,673.021 285.035 219.267
2022-03-31 2,488.279 365.115 94.383
2021-12-31 2,378.15 321.824 148.157
2021-09-30 2,156.613 390.954 117.89

NJR's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • NJR has a Quality Grade of F, ranking ahead of 4.02% of graded US stocks.
  • NJR's asset turnover comes in at 0.371 -- ranking 20th of 105 Utilities stocks.
  • AROC, UGI, and CNP are the stocks whose asset turnover ratios are most correlated with NJR.

The table below shows NJR's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.371 0.234 0.037
2021-03-31 0.361 0.248 0.051
2020-12-31 0.335 0.212 0.038
2020-09-30 0.370 0.190 0.038
2020-06-30 0.408 0.157 0.032
2020-03-31 0.463 0.152 0.037

NJR Price Target

For more insight on analysts targets of NJR, see our NJR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $44.33 Average Broker Recommendation 1.62 (Moderate Buy)

NJR Stock Price Chart Interactive Chart >

Price chart for NJR

NJR Price/Volume Stats

Current price $52.28 52-week high $53.53
Prev. close $52.17 52-week low $38.07
Day low $51.72 Volume 272,700
Day high $52.35 Avg. volume 504,420
50-day MA $50.94 Dividend yield 3.03%
200-day MA $46.70 Market Cap 5.07B

NewJersey Resources Corporation (NJR) Company Bio

New Jersey Resources is an energy services holding company that provides retail and wholesale energy services to customers primarily in the Gulf Coast, Mid-Continent, Appalachian, Northeastern, and Western market areas of the United States, as well as Canada. The company was founded in 1922 and is based in Wall, New Jersey.

NJR Latest News Stream

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Latest NJR News From Around the Web

Below are the latest news stories about NEW JERSEY RESOURCES CORP that investors may wish to consider to help them evaluate NJR as an investment opportunity.

The SAVEGREEN Project® by New Jersey Natural Gas Earns 2023 ENERGY STAR® Partner of the Year Award

WALL, N.J., March 28, 2023--New Jersey Natural Gas (NJNG) is pleased to announce its energy-efficiency program, The SAVEGREEN Project®, has received the 2023 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE).

Yahoo | March 28, 2023

UGI to Benefit From Investments Amid Rising Interest Rate

UGI is expected to benefit from its systematic capital expenditures and clean energy expansion efforts. However, international risks related to costs may have a negative impact on earnings.

Yahoo | March 28, 2023

MDU Resources (MDU) to Gain From Spin-off & Planned Investments

MDU Resources (MDU) is expected to further benefit from the planned separation of its two-platform business model, systematic investments and rising backlog.

Yahoo | March 17, 2023

Zacks Industry Outlook Highlights MDU Resources, NewJersey Resources and Spire

MDU Resources, NewJersey Resources and Spire are part of the Zacks Industry Outlook article.

Yahoo | March 17, 2023

4 Gas Distribution Stocks to Watch Despite Industry Headwinds

The near-term prospects of the Zacks Gas Distribution industry look challenging. Yet, systematic investment to strengthen infrastructure and efficiently supply natural gas to customers should drive the performance of ATO, MDU, NJR and SR.

Yahoo | March 16, 2023

Read More 'NJR' Stories Here

NJR Price Returns

1-mo 2.52%
3-mo 5.35%
6-mo 37.20%
1-year 16.46%
3-year 77.06%
5-year 53.29%
YTD 6.18%
2022 24.93%
2021 19.60%
2020 -16.86%
2019 0.13%
2018 16.57%

NJR Dividends

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Continue Researching NJR

Want to see what other sources are saying about New Jersey Resources Corp's financials and stock price? Try the links below:

New Jersey Resources Corp (NJR) Stock Price | Nasdaq
New Jersey Resources Corp (NJR) Stock Quote, History and News - Yahoo Finance
New Jersey Resources Corp (NJR) Stock Price and Basic Information | MarketWatch

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