NewJersey Resources (NJR) to Release Quarterly Earnings on Monday

NewJersey Resources (NYSE:NJR) is expected to release its Q1 2026 results after the market closes on Monday, February 2nd. Analysts expect NewJersey Resources to post 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. Investors 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:NJR) last issued its earnings results on Wednesday, November 19th. The utilities provider reported $0.16 EPS for the quarter, topping analysts’ consensus estimates 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 company’s revenue for the quarter was down 15.1% compared to the same quarter last year. 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 Stock Performance

NewJersey Resources stock opened at $47.90 on Monday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.40 and a current ratio of 0.73. The company has a market capitalization of $4.83 billion, a PE ratio of 14.38 and a beta of 0.60. The company has a 50 day moving average price of $46.73 and a 200-day moving average price of $46.54. NewJersey Resources has a fifty-two week low of $43.46 and a fifty-two week high of $50.76.

NewJersey Resources Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on NJR shares. Raymond James Financial reissued an “outperform” rating and set a $53.00 price target on shares of NewJersey Resources in a research report on Thursday, November 20th. New Street Research set a $54.00 price objective on shares of NewJersey Resources in a research note on Wednesday, December 17th. Mizuho upgraded shares of NewJersey Resources from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $51.00 to $54.00 in a report on Wednesday, December 17th. Wall Street Zen lowered shares of NewJersey Resources from a “hold” rating to a “sell” rating in a report on Sunday, December 28th. Finally, Argus raised shares of NewJersey Resources to a “strong-buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $52.86.

Insiders Place Their Bets

In other news, COO Patrick J. Migliaccio sold 4,017 shares of the company’s stock in a transaction 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 transaction, the chief operating officer directly owned 38,065 shares of the company’s stock, valued at approximately $1,768,499.90. This represents a 9.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NJR. Millennium Management LLC raised its holdings in shares of NewJersey Resources by 895.7% in the third quarter. Millennium Management LLC now owns 677,352 shares of the utilities provider’s stock worth $32,614,000 after buying an additional 609,323 shares during the last quarter. Qube Research & Technologies Ltd increased its position in shares of NewJersey Resources by 77.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 730,300 shares of the utilities provider’s stock valued at $32,732,000 after acquiring an additional 317,932 shares during the period. Hotchkis & Wiley Capital Management LLC purchased a new position in NewJersey Resources in the 3rd quarter worth $13,351,000. Two Sigma Investments LP lifted its position in NewJersey Resources by 104.0% during the 3rd quarter. Two Sigma Investments LP now owns 392,264 shares of the utilities provider’s stock worth $18,888,000 after acquiring an additional 200,024 shares during the period. Finally, Cubist Systematic Strategies LLC grew its stake in NewJersey Resources by 127.5% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 347,620 shares of the utilities provider’s stock valued at $15,580,000 after purchasing an additional 194,836 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

About NewJersey Resources

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.