New Jersey Resources (NJR) Expected to Announce Quarterly Earnings on Monday

New Jersey Resources (NYSE:NJR) is expected to announce its Q2 2025 earnings results after the market closes on Monday, May 5th. Analysts expect New Jersey Resources to post earnings of $1.49 per share and revenue of $732.00 million for the quarter. New Jersey Resources has set its FY 2025 guidance at 3.050-3.200 EPS.

New Jersey Resources (NYSE:NJR) last announced its quarterly earnings data on Monday, February 3rd. The utilities provider reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.15. New Jersey Resources had a return on equity of 15.72% and a net margin of 18.25%. During the same period in the previous year, the company posted $0.74 EPS. On average, analysts expect New Jersey Resources to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

New Jersey Resources Stock Down 0.4 %

Shares of NYSE NJR opened at $49.17 on Monday. The business has a 50-day moving average of $48.38 and a 200-day moving average of $47.67. The firm has a market capitalization of $4.93 billion, a price-to-earnings ratio of 14.81 and a beta of 0.58. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 1.29. New Jersey Resources has a 12 month low of $41.58 and a 12 month high of $51.95.

New Jersey Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 10th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date is Tuesday, June 10th. New Jersey Resources’s payout ratio is currently 54.22%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on NJR shares. StockNews.com upgraded New Jersey Resources from a “sell” rating to a “hold” rating in a report on Tuesday, February 4th. Jefferies Financial Group initiated coverage on New Jersey Resources in a research note on Tuesday, April 1st. They set a “hold” rating and a $51.00 price objective for the company. JPMorgan Chase & Co. decreased their target price on shares of New Jersey Resources from $54.00 to $52.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. New Street Research set a $51.00 price target on shares of New Jersey Resources in a research report on Tuesday, April 1st. Finally, Guggenheim boosted their price objective on shares of New Jersey Resources from $53.00 to $54.00 and gave the company a “neutral” rating in a research report on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $51.50.

Insider Activity at New Jersey Resources

In other New Jersey Resources news, CFO Roberto Bel sold 2,346 shares of New Jersey Resources stock in a transaction on Monday, March 24th. The stock was sold at an average price of $48.58, for a total transaction of $113,968.68. Following the completion of the transaction, the chief financial officer now owns 23,822 shares in the company, valued at approximately $1,157,272.76. The trade was a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by corporate insiders.

New Jersey Resources Company Profile

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets.