The Street Is Finally Waking Up To New Jersey Resources Corporation (NYSE: NJR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

New Jersey Resources Corporation is listed on the NYSE as a member of the Utilities sector and is a part of the Utilities – Regulated Gas industry. The current market capitalization of New Jersey Resources Corporation is $4.80B. A total of 1.05 million shares were traded on the day, compared to an average of 627.83K shares.

In the most recent transaction, Bel Roberto sold 1,173 shares of NJR for 50.00 per share on Mar 31 ’25. After the transaction, the SVP and CFO now owns 22,649 company shares. In a previous transaction on Mar 31 ’25, Bel Roberto bought 1,173 shares at 50.00 per share.

Among the insiders who sold shares, Bel Roberto disposed of 2,346 shares on Mar 24 ’25 at a per-share price of $48.58. This resulted in the SVP and CFO holding 23,822 shares of NJR after the transaction. In another insider transaction, Bel Roberto bought 2,346 shares at $48.65 per share on Mar 24 ’25.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. New Jersey Resources Corporation pays an annual dividend of $1.77, resulting in a dividend yield of 3.70%, and it has a price to earnings (P/E) ratio of 14.41. NJR’s most recent ex-dividend date was 3.9% when it declared a $0.45 quarterly dividend that was paid in cash on 3/11/2025. Previously, the company paid the dividend on 12/11/2024 with an ex-dividend date of 3.85%. The NJR stock dividend was $0.45 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NJR has a high of $51.94 and a low of $40.62.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NJR’s latest balance sheet shows that the firm has $4.75M in Cash & Short Term Investments as of fiscal 2021. There were $2.76B in debt and $1.05B in liabilities at the time. Its Book Value Per Share was $23.08, while its Total Shareholder’s Equity was $1.63B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NJR is Buy with a score of 3.86.

Most Popular

Related Posts