NewJersey Resources (NJR) to Release Quarterly Earnings on Monday

NewJersey Resources (NYSE:NJRGet Free Report) is projected to issue its Q1 2026 results after the market closes on Monday, February 2nd. Analysts expect the company to announce earnings of $0.98 per share and revenue of $546.90 million for the quarter. NewJersey Resources has set its FY 2026 guidance at 3.030-3.180 EPS. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Tuesday, February 3, 2026 at 10:00 AM ET.

NewJersey Resources (NYSE:NJRGet Free Report) last released its quarterly earnings data on Wednesday, November 19th. The utilities provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. NewJersey Resources had a net margin of 16.48% and a return on equity of 13.73%. The business had revenue of $336.08 million for the quarter, compared to the consensus estimate of $307.30 million. During the same period in the prior year, the firm earned $0.89 EPS. The business’s revenue for the quarter was down 15.1% on a year-over-year basis. On average, analysts expect NewJersey Resources to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NewJersey Resources Trading Down 0.9%

Shares of NewJersey Resources stock opened at $47.90 on Monday. The stock has a market cap of $4.83 billion, a PE ratio of 14.38 and a beta of 0.60. The firm has a fifty day moving average price of $46.73 and a 200 day moving average price of $46.54. NewJersey Resources has a 1 year low of $43.46 and a 1 year high of $50.76. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.73 and a quick ratio of 0.40.

NewJersey Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be paid a dividend of $0.475 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.0%. NewJersey Resources’s dividend payout ratio (DPR) is presently 57.06%.

Insider Activity at NewJersey Resources

In other news, COO Patrick J. Migliaccio sold 4,017 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $46.46, for a total transaction of $186,629.82. Following the completion of the transaction, the chief operating officer directly owned 38,065 shares of the company’s stock, valued at $1,768,499.90. This represents a 9.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On NewJersey Resources

Several institutional investors and hedge funds have recently added to or reduced their stakes in NJR. Measured Wealth Private Client Group LLC acquired a new position in NewJersey Resources during the third quarter worth $28,000. Parallel Advisors LLC increased its stake in shares of NewJersey Resources by 56.9% during the third quarter. Parallel Advisors LLC now owns 1,001 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 363 shares in the last quarter. Daiwa Securities Group Inc. acquired a new position in shares of NewJersey Resources during the 2nd quarter worth about $54,000. EverSource Wealth Advisors LLC lifted its stake in NewJersey Resources by 259.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the utilities provider’s stock valued at $54,000 after buying an additional 868 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in NewJersey Resources by 164.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,682 shares of the utilities provider’s stock valued at $81,000 after buying an additional 1,047 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

NJR has been the topic of a number of recent research reports. Wall Street Zen downgraded NewJersey Resources from a “hold” rating to a “sell” rating in a research note on Sunday, December 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of NewJersey Resources in a report on Monday, December 29th. Raymond James Financial restated an “outperform” rating and issued a $53.00 price objective on shares of NewJersey Resources in a research report on Thursday, November 20th. Argus raised shares of NewJersey Resources to a “strong-buy” rating in a report on Thursday. Finally, Mizuho upgraded shares of NewJersey Resources from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $51.00 to $54.00 in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $52.86.

Read Our Latest Stock Report on NewJersey Resources

NewJersey Resources Company Profile

(Get Free Report)

New Jersey Resources Corporation is a publicly traded energy services holding company headquartered in Wall Township, New Jersey. The firm’s primary focus is on the safe and reliable distribution of natural gas, along with complementary energy services and renewable energy investments. Its operations center on delivering cost-effective solutions to residential, commercial and industrial customers throughout the state.

The company’s principal subsidiary, New Jersey Natural Gas, owns and operates an extensive pipeline network that spans northern, central and southern New Jersey.

Read More

Earnings History for NewJersey Resources (NYSE:NJR)

Receive News & Ratings for NewJersey Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewJersey Resources and related companies with MarketBeat.com's FREE daily email newsletter.