New Jersey Resources
About: New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
Employees: 1,372
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
323% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $304K
40% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 116
22% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 45
5% more capital invested
Capital invested by funds: $3.47B [Q4 2024] → $3.64B (+$171M) [Q1 2025]
1% more funds holding
Funds holding: 392 [Q4 2024] → 394 (+2) [Q1 2025]
0.54% less ownership
Funds ownership: 74.47% [Q4 2024] → 73.93% (-0.54%) [Q1 2025]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$49
10%
upside
Avg. target
$51
14%
upside
High target
$53
19%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
Raymond James | 10%upside $49 | Outperform Initiated | 13 Jun 2025 |
JP Morgan Richard Sunderland | 14%upside $51 | Overweight Maintained | 28 May 2025 |
Mizuho Gabriel Moreen | 12%upside $50 | Neutral Maintained | 15 May 2025 |
Wells Fargo Sarah Akers | 19%upside $53 | Equal-Weight Maintained | 7 May 2025 |
Jefferies Julien Dumoulin-Smith | 14%upside $51 | Hold Initiated | 1 Apr 2025 |
Financial journalist opinion
Based on 4 articles about NJR published over the past 30 days
Neutral
Zacks Investment Research
1 week ago
3 Utility Stocks to Add to Your Portfolio as Market Volatility Lingers
As volatility grips the markets, SWX, NJR, and TELNY stand out with strong growth outlooks and rising investor appeal.
Positive
Zacks Investment Research
2 weeks ago
3 Reasons Why Growth Investors Shouldn't Overlook New Jersey Resources (NJR)
New Jersey Resources (NJR) possesses solid growth attributes, which could help it handily outperform the market.
Positive
Seeking Alpha
2 weeks ago
100 Sustainable Dividend Dogs: 18 "Safer", 4 Ideal May Buys
I analyze Barron's top 100 sustainable companies, focusing on dividend-paying stocks using the yield-based 'dogcatcher' strategy for value and income. Six of 83 dividend-paying ESG stocks meet the ideal of annual dividends from $1,000 invested exceeding their share price, signaling potential value opportunities. Analyst targets suggest 20-45% net gains for the top ten ESG 'dogs' by May 2026, with risk and volatility varying by stock and sector.
Positive
Zacks Investment Research
3 weeks ago
Here's Why You Should Add New Jersey Resources Stock to Your Portfolio
NJR makes a strong case for investment, given its growth prospects, better debt management, strong ROE and capability to increase shareholders' value.
Negative
Zacks Investment Research
1 month ago
After Plunging -5.25% in 4 Weeks, Here's Why the Trend Might Reverse for New Jersey Resources (NJR)
The heavy selling pressure might have exhausted for New Jersey Resources (NJR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Positive
Zacks Investment Research
1 month ago
Is New Jersey Resources (NJR) a Solid Growth Stock? 3 Reasons to Think "Yes"
New Jersey Resources (NJR) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Neutral
Seeking Alpha
1 month ago
New Jersey Resources Corporation (NJR) Q2 2025 Earnings Call Transcript
New Jersey Resources Corporation (NYSE:NJR ) Q2 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Adam Prior - Director of Investor Relations Steve Westhoven - President and Chief Executive Officer Roberto Bel - Senior Vice President and Chief Financial Officer Pat Migliaccio - Senior Vice President and Chief Operating Officer, New Jersey Natural Gas Conference Call Participants Richard Sunderland - JPMorgan Jamieson Ward - Jefferies Travis Miller - Morningstar Robert Mosca - Mizuho Securities Operator Hello, everyone. My name is Karina, and I will be your conference operator today.
Positive
Zacks Investment Research
1 month ago
New Jersey Resources (NJR) Tops Q2 Earnings and Revenue Estimates
New Jersey Resources (NJR) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.40 per share a year ago.
Neutral
Business Wire
1 month ago
New Jersey Resources Reports Fiscal 2025 Second-Quarter Results
WALL, N.J.--(BUSINESS WIRE)--New Jersey Resources Corporation (NYSE: NJR) today reported financial and operating results for its fiscal 2025 second quarter ended March 31, 2025. Highlights include: Fiscal 2025 second-quarter consolidated net income of $204.3 million, or $2.04 per share, compared with net income of $120.8 million, or $1.23 per share, in the second quarter of fiscal 2024 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $178.3 million, or $1.78 per share.
Positive
Zacks Investment Research
1 month ago
New Jersey Resources (NJR) Earnings Expected to Grow: Should You Buy?
New Jersey Resources (NJR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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