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South Jersey Industries, Inc. (SJI)

NYSE - Nasdaq Real Time Price. Currency in USD
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Visitors trend2W10W9M
26.68+1.57 (+6.25%)
At close: 4:00PM EST

26.50 -0.18 (-0.67%)
After hours: 4:34PM EST

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  • t
    thomas
    great jump up on double the average volume, Feels good after getting crushed on all my tech stocks the last few days. Great solid company with good dividend wish I had more....
  • F
    Frank
    Hopefully, some of these investment analysts, such as Morgan Stanley, will upgrade their ratings on this stock given the excellent financial results reported. Additionally, the recent cold weather should prove fruitful for the upcoming quarter.
  • t
    tom
    Finally some good news. Maybe someone woke the dog.
  • M
    Matthew
    Our time will come when this rips above 30 again....I am happy with the 5 % yield along the way.
    Not sure if
    Anyone is even here following the SJI post, owe well...entertaining myself
  • M
    Matthew
    5% yield!
  • A
    Anonymous
    Hope this trend continues
  • A
    Anonymous
    Where is the BOD ? Renna needs to go. Way to go ,diluting shares when share price was already beaten down from bad acquisitions, bad financial decisions. He’s still making his millions every year. Increasing shares so him and his cronies can divvy them up. Basically saying screw the shareholders there getting theirs!
  • Y
    Yahoo Finance Insights
    South Jersey is up 5.58% to 26.51
  • M
    Matthew
    Nice yield, good place to park some $
  • r
    rj
    I remember when this used to be a good investment... those days are long gone
  • A
    Anonymous
    Where are the BOD? How long are they going to stand by and let Renna run this into the ground? Share dilution, lousy earnings bad call after bad call. The BOD have a fiduciary duty to the owners of this company, the shareholders. I’ve been a shareholder for over 35 years and have never seen this company so mismanage . When will something be done before we are in the single digits?
  • A
    Anonymous
    90% institution held.
  • Y
    Yahoo Finance Insights
    South Jersey is down 4.92% to 24.94
  • Y
    Yahoo Finance Insights
    South Jersey is up 5.20% to 22.76
  • S
    SJBoater
    Well here's the deal on the Friday meeting; the proxy for additional shares passed and a form with the SEC will be filed shortly with the actual results. Rena's remarks state that the additional shares will not be dilutive to existing shares, however the additional shares may be used for future opportunities for the company and share holders. Additionally Rena stated that 98% of existing shares have currently been issued. (Note that the new shares are authorized, but not in circulation) OK s let's see what happens with these additional shares.
  • h
    harry
    This is a growth company and selling off on the 10 year bond. I am sticking with it and buying more.
  • D
    Dennie
    IF we see an increase in the divided, it should be announced this week. What are your thoughts?
    Neutral
  • A
    Anonymous
    Hey management ,something needs to be done to right this ship. It’s NOT issuing more share and further diluting shareholders value. Why is there no mention of what the increased shares are for? So management can increase their payout?
  • A
    Anonymous
    This is a great position,owned it for years, all utilities are pulling back. That's when you want to buy. This goes right back up look at the history. Peace
  • C
    Chill
    Shares down 40%, I feel this can play out several ways. 100,000,000 shares most likely at the open of the market or Bank of America or large bank promised shares at say $20. That is 2 billion in cash SJI will have and will need to put to work quickly. SJI will either pay down debt, which is a problem. SJI will acquire NJR, and then an Exelon will come in and acquire all three gas utilities in one swoop. If this is the case, this has been in the works for awhile. Excelon offering $40-$50 a share for over 1 million customers that are in there territory. Next possible reason may be grow a cutting edge renewable business line which is being required by New Jersey Green master plan. Purchase many renewable green energy projects, which is now a much needed part of a fossil fuel company. Either way approx. 2 billion dollars raised will need to be put to work with profitable companies or projects because the dividend needs to be paid on 220 million shares. The new business venture Catamaran, will hopefully be more profitable with hydrogen, biomass,wind,and solar. This will happen for sure, it already is. I hope this works out for all SJI shareholders and may take 5 years to play out. In the mean time I am trying to be positive, almost a 6% yield on shares, if you have the stomach for it and risk, buy up as many shares while cheap, and hopefully in 5 years, shares are worth $40-$50 . Hang in there longs, we have no choice
    Neutral