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After finishing at $44.72 in the prior trading day, New Jersey Resources Corporation (NYSE: NJR) closed at $44.92, up 0.45%. In other words, the price has increased by $0.45 from its previous closing price. On the day, 0.57 million shares were traded. NJR stock price reached its highest trading level at $45.04 during the session, while it also had its lowest trading level at $44.47.
Ratios:
Our goal is to gain a better understanding of NJR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on April 01, 2025, initiated with a Hold rating and assigned the stock a target price of $51.
On December 12, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $52 to $54.
JP Morgan Upgraded its Underweight to Neutral on September 21, 2023, whereas the target price for the stock was revised from $44 to $46.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 31 ’25 when Bel Roberto sold 1,173 shares for $50.00 per share. The transaction valued at 58,650 led to the insider holds 22,649 shares of the business.
Bel Roberto bought 1,173 shares of NJR for $58,650 on Mar 31 ’25. On Mar 24 ’25, another insider, Bel Roberto, who serves as the SVP and CFO of the company, sold 2,346 shares for $48.58 each. As a result, the insider received 113,964 and left with 23,822 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NJR now has a Market Capitalization of 4508709888. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.89, and their Forward P/E ratio for the next fiscal year is 14.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 1.82.
Stock Price History:
The Beta on a monthly basis for NJR is 0.64, which has changed by 0.040055513 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, NJR has reached a high of $51.94, while it has fallen to a 52-week low of $41.68. The 50-Day Moving Average of the stock is -5.58%, while the 200-Day Moving Average is calculated to be -5.08%.
Shares Statistics:
The stock has traded on average 681.67K shares per day over the past 3-months and 558870 shares per day over the last 10 days, according to various share statistics. A total of 100.30M shares are outstanding, with a floating share count of 99.83M. Insiders hold about 0.54% of the company’s shares, while institutions hold 76.22% stake in the company. Shares short for NJR as of 1747267200 were 2665305 with a Short Ratio of 3.91, compared to 1744675200 on 2509067. Therefore, it implies a Short% of Shares Outstanding of 2665305 and a Short% of Float of 3.7800000000000002.
Dividends & Splits
In the trailing 12 months, NJR’s forward annual dividend rate was 1.77, compared to 1.77 this year. Against a Trailing Annual Dividend Yield of 0.039575182The stock’s 5-year Average Dividend Yield is 3.53. The current Payout Ratio is 58.59% for NJR, which recently paid a dividend on 2025-03-11 with an ex-dividend date of 1749513600. Stock splits for the company last occurred on 2015-03-04 when the company split stock in a 2:1 ratio.
