New Jersey Resources

About New Jersey Resources

New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.

Ticker

$NJR

Sector

Utilities

Primary listing

NYSE

Employees

1,376

Headquarters

Wall, United States

Website

www.njresources.com

NJR Metrics

BasicAdvanced

$5.8bn

17.03

$3.38

0.52

$1.90

3.30%

What the Analysts think about NJR

Analyst ratings (Buy, Hold, Sell) for New Jersey Resources stock.

Bulls say / Bears say

New Jersey Resources beat Q2 2026 consensus, reporting net financial earnings per share of $2.20 versus the $1.77 estimate and revenue of $939.4 million versus $840.95 million, then raised full‐year NFEPS guidance to $3.48–$3.63 for the second time this fiscal year (Investing.com)

The unregulated Energy Services segment doubled its net financial earnings to $72.3 million in Q2 2026 by capitalizing on natural gas price volatility, underscoring the growth potential of its midstream and trading operations (Finsee.ai)

New Jersey Natural Gas hedged approximately 87% of its winter supply at ~$2.27/Dth, delivered record send‐out days, and generated over $93 million in gross customer savings this season, demonstrating strong operational execution and customer value (MarketBeat)

NJR’s recent performance hinged on extreme winter conditions, with its Energy Services segment capitalizing on volatile natural gas trading margins that may not recur in milder seasons (Investing.com)

The company’s aggressive five-year capex plan of $4.8–$5.2 billion—40% above the prior period—outpaces operating cash flow and requires increased debt, keeping its adjusted debt-to-capital ratio near 20% and heightening leverage risk (Simply Wall St)

First-quarter 2026 filings show a current ratio of just 0.73 and a debt-to-equity ratio of 1.58, indicating potential short-term liquidity constraints and comparatively high leverage that could limit financial flexibility in a downturn (GuruFocus)

Data summarised monthly by Lightyear AI. Last updated on 16 Jun 2026.

NJR Financial Performance

Revenues and expenses

Income statement
QuarterlyAnnual	Q3 24	QoQ growth
Revenue	$37bn	-39.75%
Net income	$45bn	107.52%
Profit margin	37.65%	6.78%

NJR Earnings Performance

Company profitability

Earnings per share
QuarterlyAnnual	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Actual	$3.69	$2.85	$2.45	$2.42	-
Expected	$3.55	$2.61	$2.05	$2.31	$3.94
Surprise	3.94%	9.20%	19.51%	4.63%	-

NJR News

AllArticlesVideos

US power companies scramble to secure equipment as surging data center demand strains supplies

Reuters·3 days ago