NJR - New Jersey Resources Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
42.37
-0.35 (-0.82%)
At close: 4:00PM EST

42.37 0.00 (0.00%)
After hours: 4:02PM EST

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Previous Close42.72
Open42.91
Bid42.42 x 1000
Ask42.44 x 800
Day's Range42.21 - 42.97
52 Week Range40.32 - 51.57
Volume698,193
Avg. Volume541,375
Market Cap3.843B
Beta (3Y Monthly)0.33
PE Ratio (TTM)22.42
EPS (TTM)1.89
Earnings DateFeb 4, 2020 - Feb 10, 2020
Forward Dividend & Yield1.25 (2.97%)
Ex-Dividend Date2019-12-18
1y Target Est48.00
  • Business Wire

    NJR Announces Pricing of Common Stock Offering

    New Jersey Resources Corporation (NYSE: NJR) announced today it has priced an underwritten public offering of 5,700,000 shares of its common stock at a price per share of $41.25. In conjunction with the offering, NJR has granted the underwriters a 30-day option to purchase up to 845,454 additional shares of common stock either directly from NJR or from affiliates of Wells Fargo Bank, National Association and JPMorgan Chase Bank, National Association (the "forward counterparties"), at NJR’s election. Of the shares of common stock being offered, NJR expects to sell 5,333,334 shares to the underwriters in the offering, and an affiliate of Wells Fargo Bank, National Association expects to borrow and sell to such underwriters 220,000 shares in connection with its forward sale agreement described below and an affiliate of JPMorgan Chase Bank, National Association expects to borrow and sell to such underwriters 146,666 shares in connection with its forward sale agreement described below. Closing of this offering is expected to occur on or about December 9, 2019, subject to customary closing conditions.

  • Business Wire

    NJR Announces Public Offering of Common Stock

    New Jersey Resources Corporation (NYSE: NJR) announced today it has commenced an underwritten public offering of $235 million of shares of its common stock. In conjunction with the offering, NJR intends to grant to the underwriters a 30-day option to purchase up to $35 million of additional shares of common stock either directly from NJR or from affiliates of Wells Fargo Bank, National Association and JPMorgan Chase Bank, National Association (the "forward counterparties"), at NJR’s election. Of the shares of common stock being offered, NJR expects to sell $220 million of shares to the underwriters in the offering, and an affiliate of Wells Fargo Bank, National Association expects to borrow and sell to such underwriters $9 million of shares in connection with its forward sale agreement described below and an affiliate of JPMorgan Chase Bank, National Association expects to borrow and sell to such underwriters $6 million of shares in connection with its forward sale agreement described below.

  • Here's What Analysts Are Forecasting For New Jersey Resources Corporation After Its Latest Annual Results
    Simply Wall St.

    Here's What Analysts Are Forecasting For New Jersey Resources Corporation After Its Latest Annual Results

    It's been a good week for New Jersey Resources Corporation (NYSE:NJR) shareholders, because the company has just...

  • Thomson Reuters StreetEvents

    Edited Transcript of NJR earnings conference call or presentation 19-Nov-19 3:00pm GMT

    Q4 2019 New Jersey Resources Corp Earnings Call

  • New Jersey Resources (NJR) Lags Q4 Earnings and Revenue Estimates
    Zacks

    New Jersey Resources (NJR) Lags Q4 Earnings and Revenue Estimates

    New Jersey Resources (NJR) delivered earnings and revenue surprises of -6.45% and -30.47%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Business Wire

    New Jersey Resources Reports Fourth-Quarter and Fiscal 2019 Results

    Today, New Jersey Resources reported results for fiscal 2019. Highlights for the fiscal year included:

  • What Does New Jersey Resources Corporation's (NYSE:NJR) P/E Ratio Tell You?
    Simply Wall St.

    What Does New Jersey Resources Corporation's (NYSE:NJR) P/E Ratio Tell You?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

  • Business Wire

    New Jersey Board of Public Utilities Approves New Rates for New Jersey Natural Gas

    NJNG requested the increase to recover costs associated with the responsible operation of its business, including operational and maintenance enhancements, infrastructure investments and customer growth. “We are pleased the Board of Public Utilities approved our new base rates,” said Steve Westhoven, President and CEO of New Jersey Natural Gas.

  • Business Wire

    New Jersey Resources Announces Executive Promotions

    The board of directors of New Jersey Resources approved three executive promotions at its meeting this week as the company continues its long-term succession planning. Kraig Sanders and John Wyckoff were promoted to Vice President, New Jersey Natural Gas and Sean Annitto was promoted to Vice President, NJR Energy Services .

  • Business Wire

    New Jersey Resources Board of Directors Declares Quarterly Dividend

    The board of directors of New Jersey Resources unanimously declared a quarterly dividend on its common stock of $.3125 per share. The dividend will be payable on January 2, 2020 to shareowners of record as of December 19, 2019.

  • New Jersey Resources (NJR) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    New Jersey Resources (NJR) Reports Next Week: Wall Street Expects Earnings Growth

    New Jersey Resources (NJR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Reuters

    PennEast companies remain committed to PA-NJ pipe after loss in court

    * The U.S. Circuit Court of Appeals for the Third Circuit on Tuesday denied PennEast's petition for rehearing of an earlier decision in September that rejected the pipeline's use of eminent domain on properties in New Jersey under state ownership or in which the state has an interest. * PennEast obtained approval from the U.S. Federal Energy Regulatory Commission (FERC) to build the pipeline in January 2018 and promptly sued in federal court to use the federal government's eminent domain power to gain access to properties along the route in New Jersey under the U.S. Natural Gas Act.

  • 52-Week Company Lows
    GuruFocus.com

    52-Week Company Lows

    52-week lows for companies, including UGI Corp., Western Midstream Partners, Alliance Data Systems and Six Flags Entertainment Continue reading...

  • Business Wire

    New Jersey Resources Schedules Year-End Fiscal 2019 Earnings Call

    New Jersey Resources invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its year-end fiscal 2019 earnings results on Tuesday, November 19, 2019, at 10 a.m.

  • Is New Jersey Resources Corp (NJR) Going To Burn These Hedge Funds?
    Insider Monkey

    Is New Jersey Resources Corp (NJR) Going To Burn These Hedge Funds?

    Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]

  • The New Jersey Resources (NYSE:NJR) Share Price Is Up 60% And Shareholders Are Holding On
    Simply Wall St.

    The New Jersey Resources (NYSE:NJR) Share Price Is Up 60% And Shareholders Are Holding On

    New Jersey Resources Corporation (NYSE:NJR) shareholders might be concerned after seeing the share price drop 14% in...

  • Reuters

    UPDATE 1-New Jersey denies permit for PennEast natgas pipeline - state governor

    New Jersey Governor Phil Murphy tweeted on Friday that state environmental regulators denied a permit that PennEast Pipeline Co needed to build its proposed $1 billion natural gas pipe from Pennsylvania to New Jersey. The decision followed a ruling by a U.S. appeals court in September that barred PennEast from using federal law to seize properties controlled by New Jersey to build the project. In his tweet, Murphy posted a letter from the New Jersey Department of Environmental Protection denying PennEast's application for a Water Quality Certificate because the company "no longer has the legal authority to perform activities on 49 properties along the proposed pipeline" route after the court ruling.

  • Business Wire

    New Jersey Resources Appoints John Bremner Vice President of NJR Midstream

    New Jersey Resources (NJR) today announced the appointment of John Bremner as Vice President of NJR Midstream. In this role, Mr. Bremner will be responsible for leading the company’s midstream business, including overseeing the midstream team, developing and executing new growth opportunities, creating operational efficiencies and overseeing all strategies related to NJR’s pipeline and storage assets. “We are very pleased to welcome John Bremner to our team,” said Steve Westhoven, President and CEO of New Jersey Resources.

  • PR Newswire

    Chesapeake Utilities Corporation to Exit the Natural Gas Marketing Business; Selling Peninsula Energy Services Company, Inc. Assets

    DOVER, Del. , Oct. 9, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (Chesapeake Utilities) (NYSE: CPK) today announced that it is exiting the natural gas marketing business through the sale of ...

  • Reuters

    UPDATE 1-New Jersey wins legal challenge to PennEast natgas pipeline

    A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline. The U.S. Court of Appeals for the Third Circuit said in its decision that the U.S. Natural Gas Act does not allow companies to condemn state controlled land in federal court because states enjoy sovereign immunity from such actions under the Eleventh Amendment of the U.S. Constitution. PennEast obtained approval from the U.S. Federal Energy Regulatory Commission to build the pipeline from Pennsylvania to New Jersey in January 2018 and promptly sued in federal district court to use the federal government's eminent domain power to gain access to 131 properties along the route in New Jersey under the U.S. Natural Gas Act.

  • Reuters

    U.S. court says PennEast cannot condemn NJ state lands for pipeline

    A U.S. appeals court on Tuesday barred PennEast Pipeline Co from using a federal law to seize properties controlled by the state of New Jersey in order to build a proposed $1 billion natural gas pipeline from Pennsylvania to New Jersey. The U.S. Court of Appeals for the Third Circuit said in its decision that the U.S. Natural Gas Act does not allow companies to condemn state controlled land in federal court because states enjoy sovereign immunity from such actions under the Eleventh Amendment of the U.S. Constitution.