News
NJR
43.73
+0.99%
0.43
Estimating The Intrinsic Value Of New Jersey Resources Corporation (NYSE:NJR)
New Jersey Resources Corporation (NYSE:NJR) is a gas utilities company. Its estimated fair value is US$51.80 based on Dividend Discount Model. Current share price of US$43.30 suggests New Jersey Resources is potentially trading close to its fair value. The company is expected to be valued at a 16% discount to its current value. We use the Discounted Cash Flow model to estimate the value of the company. The discounted value is calculated by taking the expected future cash flows and discounting them to the present.
Simply Wall St · 3h ago
Why You Should Bet on 5 Top-Ranked Stocks With Rising P/E
NASDAQ · 2d ago
New Jersey Resources Celebrates Earth Day With Pledge to Support Coastal Resilience and Healthy Ecosystems Through Monmouth University’s Urban Coast Institute
New Jersey Resources announced a $75,000 donation to Monmouth University’s Urban Coast Institute to support the Clam Cove Living Shoreline Pilot Project. The project will support the stabilization and restoration of coastal wetlands in the Barnegat Bay watershed. New Jersey Resources is the parent company of New Jersey Natural Gas.
Barchart · 4d ago
Weekly Report: what happened at NJR last week (0415-0419)?
Weekly Report · 4d ago
New Jersey Resources to Switch 70 Medium-Duty Trucks to Renewable Diesel -- OPIS
New Jersey Resources will use renewable diesel from Neste to fuel 70 medium-duty trucks and associated equipment. The company says it will be the first natural gas utility on the East Coast to use the fuel. The vehicles will use about 57,000 gal/year of renewable diesel to reduce greenhouse gas emissions.
Dow Jones · 04/19 14:37
New Jersey Natural Gas to Reduce Fleet Emissions with Neste MY Renewable Diesel
New Jersey Natural Gas is the first natural gas utility on the East Coast to use renewable diesel. 70 medium-duty trucks in NJNG’s fleet now run on Neste MY Renewable Diesel. The fuel can reduce up to 75% of GHG emissions over the fuel's life cycle.
Barchart · 04/19 08:02
New Jersey Resources declares $0.42 dividend
Seeking Alpha · 04/18 16:31
Press Release: New Jersey Resources Board of Directors Declares Quarterly Dividend
New Jersey Resources Board of Directors Declares Quarterly Dividend of $0.42 per share. The dividend will be payable on July 1, 2024, to shareowners of record as of June 12, 2024. New Jersey Resources provides safe and reliable natural gas and clean energy services. The company has paid quarterly dividends continuously since its inception in 1952.
Dow Jones · 04/18 16:30
New Jersey Resources Board of Directors Declares Quarterly Dividend
New Jersey Resources Corporation declared a quarterly dividend on its common stock of $0.42 per share. The dividend will be payable on July 1, 2024, to shareowners of record as of June 12, 2024. The company has paid quarterly dividends continuously since its inception in 1952. New Jersey Resources provides safe and reliable natural gas and clean energy services.
Barchart · 04/18 11:30
Reasons to Add Eversource Energy (ES) to Your Portfolio
NASDAQ · 04/17 15:20
5 Dividend Aristocrats Where Analysts See Capital Gains
NASDAQ · 04/17 13:55
Here's Why You Should Add ONE Gas (OGS) to Your Portfolio Now
NASDAQ · 04/17 11:47
Weekly Report: what happened at NJR last week (0408-0412)?
Weekly Report · 04/15 09:28
Investors Interested In New Jersey Resources Corporation's (NYSE:NJR) Earnings
New Jersey Resources Corporation has a price-to-earnings ratio of 17.2x. The median P/E in the United States is similar at 17x. New Jersey Resources' earnings growth has been slower than the market's in recent years. The company has a moderate growth rate and is expected to grow in line with the market. The last year has seen the company's earnings grow by 16%.
Simply Wall St · 04/11 10:51
Reasons to Add New Jersey Resources (NJR) to Your Portfolio
NASDAQ · 04/10 13:15
Press Release: New Jersey Resources Schedules Fiscal 2024 Second Quarter Earnings Call
New Jersey Resources Schedules Fiscal 2024 Second Quarter Earnings Call on May 7, 2024, at 10 a.m. ET. The company will present an overview of NJR's financial and operational performance for the second quarter of fiscal 2024. New Jersey Resources provides safe and reliable natural gas and clean energy services.
Dow Jones · 04/10 11:02
Weekly Report: what happened at NJR last week (0401-0405)?
Weekly Report · 04/08 09:29
Bullish Two Hundred Day Moving Average Cross - NJR
NASDAQ · 04/02 20:10
Weekly Report: what happened at NJR last week (0325-0329)?
Weekly Report · 04/01 09:29
New Jersey Resources (NYSE:NJR) Has No Shortage Of Debt
New Jersey Resources Corporation (NYSE:NJR) does carry debt. The company had US$3.20b in debt in December 2023. New Jersey Resources saw its EBIT drop by 12% over the last 12 months. Its balance sheet shows it has a high debt to EBITDA ratio of 6.0. However, the company has a good track record of converting its debt to free cash flow. We've spotted 2 warning signs for investors to look out for in New Jersey.
Simply Wall St · 03/26 13:20
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About NJR
New Jersey Resources Corporation is a diversified energy services holding company. Its business is to distribution of natural gas through a regulated utility, investing in and operating clean energy projects and natural gas storage and transportation assets, and providing other retail and wholesale energy services to customers. Its segments include Natural Gas Distribution, Energy Services, Clean Energy Ventures and Storage and Transportation. The Natural Gas Distribution segment consists of regulated natural gas services, off-system sales, capacity, and storage management operations. The Energy Services segment consists of unregulated wholesale and retail energy operations, as well as energy management services. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Storage and Transportation segment consists of investments in the natural gas storage and transportation markets such as natural gas storage and transportation facilities.