New Jersey Resources Corp. (NJR) Scheduled to Post Earnings on Thursday
New Jersey Resources Corp. (NYSE:NJR) is scheduled to be posting its quarterly earnings results on Thursday, February 6th. New Jersey Resources Corp. has set its FY14 guidance at $2.75-2.95 EPS.Parties interested in participating in the company’s conference call can do so using this link.
New Jersey Resources Corp. (NYSE:NJR) last issued its quarterly earnings data on Monday, November 25th. The company reported ($0.01) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.01. The company had revenue of $615.50 million for the quarter, compared to the consensus estimate of $580.21 million. During the same quarter last year, the company posted ($0.27) earnings per share. New Jersey Resources Corp.’s revenue was up 29.1% compared to the same quarter last year. On average, analysts expect New Jersey Resources Corp. to post $2.86 EPS for the current fiscal year and $2.95 EPS for the next fiscal year.
New Jersey Resources Corp. (NYSE:NJR) opened at 44.36 on Wednesday. New Jersey Resources Corp. has a 1-year low of $39.97 and a 1-year high of $47.60. The stock has a 50-day moving average of $45.56 and a 200-day moving average of $44.74. The company has a market cap of $1.864 billion and a P/E ratio of 16.25.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of 0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend is Wednesday, March 12th.
On the ratings front, analysts at Zacks downgraded shares of New Jersey Resources Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 4th. They now have a $50.50 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $49.17.
New Jersey Resources Corporation (NYSE:NJR) is an energy services holding company providing retail and wholesale energy services to customers in states from the Gulf Coast and Mid-Continent regions to the Appalachian and Northeast regions, the West Coast and Canada.
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