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

New Jersey Resources (NYSE:NJR) is projected 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 for the quarter, topping the consensus estimate 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 quarter last year, the firm 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 Price Performance

NYSE:NJR opened at $49.50 on Friday. New Jersey Resources has a 12 month low of $41.58 and a 12 month high of $51.95. The company’s 50-day moving average price is $48.59 and its two-hundred day moving average price is $47.76. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 1.29. The firm has a market cap of $4.96 billion, a PE ratio of 14.91 and a beta of 0.58.

New Jersey Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.45 per share. The ex-dividend date is Tuesday, June 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.64%. New Jersey Resources’s payout ratio is 54.22%.

Analyst Upgrades and Downgrades

NJR has been the topic of a number of analyst reports. Jefferies Financial Group assumed coverage on shares of New Jersey Resources in a research report on Tuesday, April 1st. They issued a “hold” rating and a $51.00 price target on the stock. StockNews.com upgraded shares of New Jersey Resources from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th. New Street Research set a $51.00 target price on shares of New Jersey Resources in a report on Tuesday, April 1st. Guggenheim upped their target price on shares of New Jersey Resources from $53.00 to $54.00 and gave the company a “neutral” rating in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. cut their price target on New Jersey Resources from $54.00 to $52.00 and set an “overweight” rating for the company in a report on Tuesday, January 28th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $51.50.

Insider Activity

In other news, CFO Roberto Bel sold 1,173 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $50.00, for a total transaction of $58,650.00. Following the completion of the sale, the chief financial officer now owns 22,649 shares of the company’s stock, valued at approximately $1,132,450. This represents a 4.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.72% of the company’s stock.

About New Jersey Resources

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.