NewJersey Resources Net Income
| NJR Stock | USD 53.95 1.10 2.08% |
As of the 12th of February 2026, NewJersey Resources secures the Mean Deviation of 0.8652, risk adjusted performance of 0.1794, and Downside Deviation of 1.06. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NewJersey Resources, as well as the relationship between them. Please verify NewJersey Resources jensen alpha and downside variance to decide if NewJersey Resources is priced some-what accurately, providing market reflects its recent price of 53.95 per share. Given that NewJersey Resources has jensen alpha of 0.271, we recommend you to check NewJersey Resources's last-minute market performance to make sure the company can sustain itself at a future point.
NewJersey Resources Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 4.3196 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 386 M | 405.3 M | |
| Net Income Applicable To Common Shares | 386 M | 405.3 M | |
| Net Income From Continuing Ops | 386 M | 196.5 M | |
| Net Income Per Share | 3.01 | 3.16 | |
| Net Income Per E B T | 0.70 | 0.59 |
NewJersey | Net Income | Build AI portfolio with NewJersey Stock |
Evaluating NewJersey Resources's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into NewJersey Resources's fundamental strength.
Latest NewJersey Resources' Net Income Growth Pattern
Below is the plot of the Net Income of NewJersey Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in NewJersey Resources financial statement analysis. It represents the amount of money remaining after all of NewJersey Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is NewJersey Resources' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NewJersey Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 335.63 M | 10 Years Trend |
|
Net Income |
| Timeline |
NewJersey Net Income Regression Statistics
| Arithmetic Mean | 202,640,097 | |
| Geometric Mean | 163,288,387 | |
| Coefficient Of Variation | 53.88 | |
| Mean Deviation | 90,734,585 | |
| Median | 169,505,000 | |
| Standard Deviation | 109,176,459 | |
| Sample Variance | 11919.5T | |
| Range | 394.9M | |
| R-Value | 0.90 | |
| Mean Square Error | 2411.4T | |
| R-Squared | 0.81 | |
| Slope | 19,462,160 | |
| Total Sum of Squares | 190712T |
NewJersey Net Income History
Other Fundumenentals of NewJersey Resources
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
NewJersey Resources Net Income component correlations
NewJersey Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for NewJersey Resources is extremely important. It helps to project a fair market value of NewJersey Stock properly, considering its historical fundamentals such as Net Income. Since NewJersey Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NewJersey Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NewJersey Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
Can Gas Utilities industry sustain growth momentum? Does NewJersey have expansion opportunities? Factors like these will boost the valuation of NewJersey Resources. Anticipated expansion of NewJersey directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating NewJersey Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.88) | Dividend Share 1.85 | Earnings Share 3.26 | Revenue Per Share | Quarterly Revenue Growth 0.23 |
Understanding NewJersey Resources requires distinguishing between market price and book value, where the latter reflects NewJersey's accounting equity. The concept of intrinsic value - what NewJersey Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push NewJersey Resources' price substantially above or below its fundamental value.
It's important to distinguish between NewJersey Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NewJersey Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, NewJersey Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
NewJersey Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NewJersey Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NewJersey Resources.
| 11/14/2025 |
| 02/12/2026 |
If you would invest 0.00 in NewJersey Resources on November 14, 2025 and sell it all today you would earn a total of 0.00 from holding NewJersey Resources or generate 0.0% return on investment in NewJersey Resources over 90 days. NewJersey Resources is related to or competes with Northwest Natural, Chesapeake Utilities, One Gas, NiSource, UGI, Southwest Gas, and NorthWestern. New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail an... More
NewJersey Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NewJersey Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NewJersey Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.1339 | |||
| Maximum Drawdown | 7.11 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.74 |
NewJersey Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NewJersey Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NewJersey Resources' standard deviation. In reality, there are many statistical measures that can use NewJersey Resources historical prices to predict the future NewJersey Resources' volatility.| Risk Adjusted Performance | 0.1794 | |||
| Jensen Alpha | 0.271 | |||
| Total Risk Alpha | 0.1122 | |||
| Sortino Ratio | 0.1476 | |||
| Treynor Ratio | (1.12) |
NewJersey Resources February 12, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1794 | |||
| Market Risk Adjusted Performance | (1.11) | |||
| Mean Deviation | 0.8652 | |||
| Semi Deviation | 0.7682 | |||
| Downside Deviation | 1.06 | |||
| Coefficient Of Variation | 449.85 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 | |||
| Information Ratio | 0.1339 | |||
| Jensen Alpha | 0.271 | |||
| Total Risk Alpha | 0.1122 | |||
| Sortino Ratio | 0.1476 | |||
| Treynor Ratio | (1.12) | |||
| Maximum Drawdown | 7.11 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.74 | |||
| Downside Variance | 1.13 | |||
| Semi Variance | 0.5901 | |||
| Expected Short fall | (1.02) | |||
| Skewness | 0.4238 | |||
| Kurtosis | 2.11 |
NewJersey Resources Backtested Returns
NewJersey Resources appears to be very steady, given 3 months investment horizon. NewJersey Resources has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NewJersey Resources, which you can use to evaluate the volatility of the firm. Please exercise NewJersey Resources' Downside Deviation of 1.06, risk adjusted performance of 0.1794, and Mean Deviation of 0.8652 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NewJersey Resources holds a performance score of 15. The company secures a Beta (Market Risk) of -0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NewJersey Resources are expected to decrease at a much lower rate. During the bear market, NewJersey Resources is likely to outperform the market. Please check NewJersey Resources' downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether NewJersey Resources' current price movements will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
NewJersey Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between NewJersey Resources time series from 14th of November 2025 to 29th of December 2025 and 29th of December 2025 to 12th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NewJersey Resources price movement. The serial correlation of -0.12 indicates that less than 12.0% of current NewJersey Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 4.81 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
NewJersey Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, NewJersey Resources reported net income of 335.63 M. This is 58.68% higher than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is 41.22% higher than that of the company.
NewJersey Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NewJersey Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NewJersey Resources could also be used in its relative valuation, which is a method of valuing NewJersey Resources by comparing valuation metrics of similar companies.NewJersey Resources is currently under evaluation in net income category among its peers.
NewJersey Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NewJersey Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NewJersey Resources' managers, analysts, and investors.Environmental | Governance | Social |
NewJersey Resources Institutional Holders
Institutional Holdings refers to the ownership stake in NewJersey Resources that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of NewJersey Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing NewJersey Resources' value.| Shares | Bank Of New York Mellon Corp | 2025-06-30 | 1.1 M | First Trust Advisors L.p. | 2025-06-30 | 1 M | Fmr Inc | 2025-06-30 | 884.5 K | Macquarie Group Ltd | 2025-06-30 | 873.5 K | Proshare Advisors Llc | 2025-06-30 | 831.3 K | Energy Income Partners, Llc | 2025-06-30 | 798.7 K | Qube Research & Technologies | 2025-06-30 | 730.3 K | Massachusetts Financial Services Company | 2025-06-30 | 702 K | Jpmorgan Chase & Co | 2025-06-30 | 670.1 K | Blackrock Inc | 2025-06-30 | 18.1 M | Vanguard Group Inc | 2025-06-30 | 11.1 M |
NewJersey Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.041 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 9.3 B | ||||
| Shares Outstanding | 100.85 M | ||||
| Shares Owned By Insiders | 0.51 % | ||||
| Shares Owned By Institutions | 78.11 % | ||||
| Number Of Shares Shorted | 2.38 M | ||||
| Price To Earning | 17.27 X | ||||
| Price To Book | 2.16 X | ||||
| Price To Sales | 2.48 X | ||||
| Revenue | 2.03 B | ||||
| Gross Profit | 798.74 M | ||||
| EBITDA | 743.88 M | ||||
| Net Income | 335.63 M | ||||
| Cash And Equivalents | 591 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 3.77 B | ||||
| Debt To Equity | 1.72 % | ||||
| Current Ratio | 0.69 X | ||||
| Book Value Per Share | 23.80 X | ||||
| Cash Flow From Operations | 466.35 M | ||||
| Short Ratio | 4.77 X | ||||
| Earnings Per Share | 3.26 X | ||||
| Price To Earnings To Growth | 2.24 X | ||||
| Target Price | 54.33 | ||||
| Number Of Employees | 1.38 K | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 5.33 B | ||||
| Total Asset | 7.58 B | ||||
| Retained Earnings | 1.45 B | ||||
| Working Capital | (210.98 M) | ||||
| Current Asset | 607.26 M | ||||
| Current Liabilities | 571.61 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.08 % | ||||
| Net Asset | 7.58 B | ||||
| Last Dividend Paid | 1.85 |
About NewJersey Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NewJersey Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NewJersey Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NewJersey Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with NewJersey Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NewJersey Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NewJersey Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with NewJersey Stock
Moving against NewJersey Stock
| 0.87 | RVSN | Rail Vision Trending | PairCorr |
| 0.51 | TLN | Talen Energy | PairCorr |
| 0.47 | POM | POMDOCTOR LIMITED | PairCorr |
| 0.38 | STI | Solidion Technology | PairCorr |
| 0.35 | PNGM | Er Therapeutics | PairCorr |
The ability to find closely correlated positions to NewJersey Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NewJersey Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NewJersey Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NewJersey Resources to buy it.
The correlation of NewJersey Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NewJersey Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NewJersey Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NewJersey Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for NewJersey Stock Analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.