Newjersey Resources Stock Today

NJR Stock  USD 48.79  0.05  0.10%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 31

 
High
 
Low
Below Average
NewJersey Resources is selling at 48.79 as of the 21st of November 2024; that is 0.10% increase since the beginning of the trading day. The stock's lowest day price was 48.26. NewJersey Resources has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for NewJersey Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
30th of December 1987
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company was incorporated in 1981 and is headquartered in Wall, New Jersey. Newjersey Resources operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. The company has 99.17 M outstanding shares of which 1.6 M shares are now shorted by investors with about 4.5 days to cover. More on NewJersey Resources

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NewJersey Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGeorge Zoffinger
Old NameNew Japan Radio Co. Ltd
Business ConcentrationGas Utilities, Utilities - Regulated Gas, Utilities, NYSE Composite, ARCA Natural Gas, SP Midcap 400, Utilities, Gas Utilities, Utilities—Regulated Gas, Utilities (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.04380.0466
Notably Down
Very volatile
Asset Turnover0.330.35
Notably Down
Slightly volatile
Gross Profit Margin0.210.36
Way Down
Pretty Stable
Net DebtB3.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities633.8 M927.6 M
Way Down
Slightly volatile
Non Current Liabilities Total4.5 B4.3 B
Sufficiently Up
Slightly volatile
Total Assets7.9 B7.5 B
Sufficiently Up
Slightly volatile
Total Current Assets605.4 M611.9 M
Fairly Down
Pretty Stable
Total Cash From Operating Activities578.4 M550.8 M
Sufficiently Up
Slightly volatile
Debt Levels
NewJersey Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NewJersey Resources' financial leverage. It provides some insight into what part of NewJersey Resources' total assets is financed by creditors.
Liquidity
NewJersey Resources has 3.29 B in debt with debt to equity (D/E) ratio of 1.72, which is OK given its current industry classification. NewJersey Resources has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for NewJersey to invest in growth at high rates of return.

Depreciation

184.68 Million
NewJersey Resources (NJR) is traded on New York Stock Exchange in USA. It is located in 1415 Wyckoff Road, Wall, NJ, United States, 07719 and employs 1,350 people. NewJersey Resources is listed under Gas Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.84 B. NewJersey Resources runs under Gas Utilities sector within Utilities industry. The entity has 99.17 M outstanding shares of which 1.6 M shares are now shorted by investors with about 4.5 days to cover. NewJersey Resources has about 1.11 M in cash with 478.99 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check NewJersey Resources Probability Of Bankruptcy
Ownership Allocation
NewJersey Resources maintains a total of 99.17 Million outstanding shares. The majority of NewJersey Resources outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NewJersey Resources to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NewJersey Resources. Please pay attention to any change in the institutional holdings of NewJersey Resources as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NewJersey Ownership Details

NewJersey Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
1.2 M
Northern Trust Corp2024-09-30
1.1 M
Neuberger Berman Group Llc2024-06-30
1.1 M
Duff & Phelps Inv Mgmt Co (il)2024-06-30
875.6 K
Fmr Inc2024-09-30
810.5 K
Massachusetts Financial Services Company2024-09-30
807.9 K
Exoduspoint Capital Management, Lp2024-09-30
752 K
Goldman Sachs Group Inc2024-06-30
729.7 K
Aqr Capital Management Llc2024-06-30
618.4 K
Blackrock Inc2024-06-30
16.6 M
Vanguard Group Inc2024-09-30
11.5 M
View NewJersey Resources Diagnostics

NewJersey Resources Historical Income Statement

At this time, NewJersey Resources' Other Operating Expenses is relatively stable compared to the past year. As of 11/21/2024, Cost Of Revenue is likely to grow to about 2.1 B, while Gross Profit is likely to drop slightly above 379.6 M. View More Fundamentals

NewJersey Stock Against Markets

NewJersey Resources Corporate Directors

Jane KennyIndependent DirectorProfile
Adam PriorDirector RelationsProfile
Thomas OConnorIndependent DirectorProfile
M HardwickIndependent DirectorProfile

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.