NJ

New Jersey Resources CorpNYSE NJR Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

4.762

Middle

Exchange

XNYS - New York Stock Exchange, Inc

NJR Stock Analysis

NJ

Avoid

Based on Eyestock quantitative analysis, NJR`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

40/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-4.6 %

Overvalued

Market cap $B

4.762

Dividend yield

4.79 %

Shares outstanding

96.888 B

New Jersey Resources Corp. is a holding company. The company is headquartered in Belmar, New Jersey and currently employs 1,288 full-time employees. The firm's business is the 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.

View Section: Eyestock Rating