New Jersey Resources Corporation

$ 55.11 -0.31 %

New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.

CEO: Stephen D. Westhoven - https://www.njresources.com

Price objectif

$59.67 8.27 %

Recommandation

Buy

DCF

$ -58.64

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NJR vs S&P500

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Quick ratio

0.80

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

16.35

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

3.37

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

13.74 %

reflects reasonable profitability, showing good use of equity.

ROIC

5.51 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

5.34

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

1.42

means it relies more on debt, which can increase financial risk.

Free cash flow per share

-1.60

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

54.44 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
1.44 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.16 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.47 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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