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.
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The chart shows the growth of an initial investment of $10,000 in New Jersey Resources Corp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
New Jersey Resources Corp (NJR) has returned 21.57% so far this year and 19.22% over the past 12 months. Looking at the last ten years, NJR has achieved an annualized return of 4.32%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of New Jersey Resources Corp (NJR) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.50% | 8.87% | 1.29% | 3.44% | ||||||||
| 2025 | 2.50% | 2.59% | 1.70% | -0.18% | -6.17% | -1.71% | 2.84% | 2.45% | 2.29% | -8.03% | 9.27% | -3.70% |
| 2024 | -7.94% | 1.59% | 3.32% | 1.82% | -1.18% | -2.31% | 9.08% | -1.34% | 2.25% | -2.75% | 12.33% | -9.86% |
| 2023 | 0.22% | 3.03% | 5.06% | -2.55% | -6.50% | -2.58% | -5.10% | -5.87% | -4.33% | 0.10% | 3.56% | 5.87% |
| 2022 | -2.31% | 8.24% | 5.09% | -5.91% | 5.83% | -3.45% | 3.87% | -4.09% | -11.87% | 12.98% | 11.00% | -0.26% |
| 2021 | -1.77% | 12.26% | -0.05% | 4.88% | 1.86% | -7.68% | -3.53% | -3.81% | -7.15% | 7.97% | -2.83% | 9.79% |
| 2020 | -7.31% | -14.73% | -4.63% | 4.29% | 6.10% | -7.64% | -4.93% | -3.27% | -10.35% | 8.56% | 11.66% | 6.12% |
| 2019 | 6.59% | 0.50% | 2.81% | 0.52% | -5.14% | 4.54% | -0.08% | -8.15% | -0.96% | -3.80% | -2.45% | 4.99% |
| 2018 | -3.72% | -1.93% | 5.25% | 3.38% | 7.25% | 0.45% | 3.58% | -1.41% | 1.21% | -2.17% | 7.46% | -6.22% |
| 2017 | 5.60% | 4.37% | 1.28% | 1.77% | 3.71% | -5.25% | 5.64% | 3.56% | -3.33% | 5.46% | -0.22% | -9.87% |
| 2016 | -1.79% | -1.62% | 9.61% | -3.65% | -9.50% | -1.94% | 3.57% | 1.47% | 3.95% |
The charts below present risk-adjusted performance metrics for New Jersey Resources Corp (NJR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of NJR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current New Jersey Resources Corp volatility is 1.12%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.58B | 6.98B | 6.54B | 6.26B | 5.72B | 5.57B | 4.37B | 4.14B | 3.93B | 3.73B | 3.34B | 3.16B | 3.00B | 2.77B | 2.65B |
| Equity Attributable To Parent (USD) | 2.39B | 2.20B | 1.99B | 1.82B | 1.63B | 1.84B | 1.55B | 1.42B | 1.24B | 1.17B | 1.11B | 966.17M | 887.38M | 813.87M | 776.26M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.39B | 2.20B | 1.99B | 1.82B | 1.63B | 1.84B | 1.55B | 1.42B | 1.24B | 1.17B | 1.11B | 966.17M | 887.38M | 813.87M | 776.26M |
| Noncurrent Liabilities (USD) | 1.16B | 1.01B | 972.14M | 854.65M | 877.84M | 931.92M | 837.71M | 793.09M | 891.87M | 925.33M | 952.39M | 803.34M | 752.68M | 777.83M | 743.01M |
| Other Current Liabilities (USD) | 576.38M | 718.54M | 654.81M | 947.57M | 826.17M | 392.22M | 316.65M | 615.74M | 706.04M | 464.42M | 336.45M | 687.08M | 791.49M | 586.37M | 637.42M |
| Accounts Payable (USD) | 204.48M | 169.23M | 151.79M | 156.58M | 225.24M | 141.50M | 129.72M | 135.24M | 96.88M | 107.18M | 99.65M | 104.01M | 60.34M | 66.77M | 65.96M |
| Current Liabilities (USD) | 780.86M | 887.77M | 806.60M | 1.10B | 1.05B | 533.72M | 446.38M | 750.98M | 802.92M | 571.61M | 436.10M | 791.09M | 851.83M | 653.14M | 703.38M |
| Liabilities (USD) | 5.19B | 4.78B | 4.55B | 4.44B | 4.09B | 3.73B | 2.82B | 2.72B | 2.69B | 2.56B | 2.23B | 2.19B | 2.12B | 1.96B | 1.87B |
| Other Non-current Assets (USD) | - | - | 6.01B | 5.50B | 5.08B | 4.94B | - | - | - | - | - | - | - | - | - |
| Intangible Assets (USD) | - | - | 77.00K | 2.35M | 5.03M | 10.06M | 14.61M | 23.38M | 41.08M | - | - | - | - | - | - |
| Fixed Assets (USD) | - | - | - | - | - | - | 3.04B | 2.65B | 2.61B | 2.41B | 2.13B | 1.88B | 1.64B | 1.48B | 1.30B |
| Noncurrent Assets (USD) | 7.01B | 6.43B | 6.01B | 5.51B | 5.09B | 4.95B | 820.21M | 722.54M | 739.32M | 712.17M | 666.27M | 591.96M | 615.77M | 637.78M | 621.15M |
| Current Assets (USD) | 569.88M | 554.60M | 532.08M | 756.09M | 634.27M | 622.33M | 511.61M | 770.08M | 579.44M | 607.26M | 544.51M | 682.73M | 745.90M | 647.34M | 732.37M |
| Assets (USD) | 7.58B | 6.98B | 6.54B | 6.26B | 5.72B | 5.57B | 4.37B | 4.14B | 3.93B | 3.73B | 3.34B | 3.16B | 3.00B | 2.77B | 2.65B |
JPMorgan analyst Richard W Sunderland raised the price target for Atmos Energy and maintained a bullish view on Spire and New Jersey Resources. The analyst expects Atmos to raise its EPS guidance, while Spire and NJR are poised for steady performance in 2025 despite potential tariff and IRA impacts.
Primo Water announced a special dividend of 82 cents per share, an 811% increase from its quarterly dividend, in connection with its merger with BlueTriton. The company continues to see organic growth and strategic investments, positioning it well for the future.
Stephen Westhoven, the President & CEO of New Jersey Resources Corp, sold 30,000 shares of the company. This sale is part of a broader trend where there have been 5 insider sells and no insider buys over the last year. The company's stock is currently trading at $45.05, which is significantly overvalued compared to its intrinsic value.
National Fuel Gas (NFG) makes a strong investment case, given its estimate revisions, strong earnings surprise history and systematic capital expenditure.
MDU Resources (MDU) makes a strong case for investment, given its growth prospects, strong ROE and ability to increase shareholders' value.
New Jersey Resources (NJR) makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value.
New Jersey Resources' (NJR) unit, NJNG, files for a rate revision with New Jersey BPU. If approved, it should increase the gas rates of residential customers using 100 therms a month by 71 cents.
New Jersey Resources (NJR) delivered earnings and revenue surprises of 6.06% and 1.75%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Investing in defensive stocks like ResMed Inc. (RMD), Encompass Health Corporation (EHC), New Jersey Resources Corporation (NJR) and Global Water Resources, Inc. (GWRS) would be a wise idea during these times of uncertainty.
Sempra Energy, Atmos Energy, MDU Resources Group and New Jersey Resources have been highlighted in this Industry Outlook article.