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/NJR
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New Jersey Resources Corp

New Jersey Resources Corp

NJR
$58.60USD↓-1.16%-0.69 today

MARKET CAP

5.9B

P/E (TTM)

16.3x

FWD P/E

16.9x

DAY RANGE

$58 – $61

52W RANGE

$43
$61

AI Summary

Stalk
StalkMedium

Despite an advancing Stage 2 uptrend, the active Blow-Off Top and overbought signals point to short-term exhaustion. Price reversed sharply from multi-month highs and closed below the 9 EMA, pulling into the rising 9/21 EMA zone. Medium-term structure remains bullish above intermediate MAs, but execution should be deferred until support near the EMAs is accepted.

  • ↑Q2 2026 EPS of $2.20 beat estimates by 24%
  • ↑Fiscal 2026 EPS guidance increased to $3.48–$3.63
  • ↓Weak profitability factors signal poor revenue‐to‐profit conversion
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The case for & against

Bull & Bear analysis

Bullish

New Jersey Resources Corporation (NYSE: NJR) is a leading diversified energy services company primarily engaged in the delivery and distribution of natural gas through its regulated utility, New Jersey Natural Gas. With a strong focus on sustainable energy solutions, NJR is expanding its operations into clean energy ventures alongside its traditional energy services, reflecting its commitment to address growing customer needs while promoting affordability and sustainability within the energy sector.

Bull says

  • ↑Q2 2026 EPS of $2.20 beat estimates by 24%
  • ↑Fiscal 2026 EPS guidance increased to $3.48–$3.63
  • ↑3.3% dividend yield with 30 consecutive years of increases
  • ↑Planned $4.8–$5.2B CapEx over five years boosts growth
  • ↑87% winter gas supply hedged to protect margins
  • ↑High earnings yield and low stock volatility support stability

Bear says

  • ↓Weak profitability factors signal poor revenue‐to‐profit conversion
  • ↓Negative growth factors and declining revisions limit expansion
  • ↓Elevated leverage risk if CapEx fails to deliver results
  • ↓Low institutional ownership may cap stock demand
  • ↓Revenue volatility risk from mild winters reducing gas demand
  • ↓Limited liquidity and small size pose trading challenges

Investment themes with NJR

High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM

Earnings Call · Q1 2025 · Mgmt. Guidance

Updated 06-14-2026bullish

Transcript signals

Bull points

  • Fiscal 2025 is off to a strong start. During the first quarter, we continue to execute on our strategic initiatives, driving growth across our business segments.
  • At New Jersey Natural Gas, we achieved a significant milestone with the implementation of new rates following the approval of our base rate case. This was supportive of our ability to recover the $850 million of investments made since our last rate case and results in a rate base of $3.2 billion.
  • We launched the next iteration of Save Green, our $386 million energy efficiency program, which is the largest in New Jersey natural gas history and runs through June of 2027.
Read full transcript analysis ›