A major move is in the offing as New Jersey Resources Corporation (NJR) market cap hits 4.89 billion

A new trading day began on Tuesday, with New Jersey Resources Corporation (NYSE: NJR) stock price down -0.73% from the previous day of trading, before settling in for the closing price of $49.10. NJR’s price has ranged from $41.58 to $51.94 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Utilities Sector giant saw their annual sales slid by -4.04% over the last five years. Meanwhile, its annual earnings per share averaged 6.60%. With a float of $99.74 million, this company’s outstanding shares have now reached $100.30 million.

The firm has a total of 1372 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.79%, operating margin of 28.52%, and the pretax margin is 23.39%.

New Jersey Resources Corporation (NJR) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Gas Industry. The insider ownership of New Jersey Resources Corporation is 0.54%, while institutional ownership is 75.60%. The most recent insider transaction that took place on Mar 31 ’25, was worth 58,650. In this transaction SVP and CFO of this company sold 1,173 shares at a rate of $50.00, taking the stock ownership to the 22,649 shares. Before that another transaction happened on Mar 31 ’25, when Company’s Officer proposed sale 1,173 for $50.00, making the entire transaction worth $58,650.

New Jersey Resources Corporation (NJR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 6.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.27% during the next five years compared to 9.06% growth over the previous five years of trading.

New Jersey Resources Corporation (NYSE: NJR) Trading Performance Indicators

Here are New Jersey Resources Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.12, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 3.12 in one year’s time.

Technical Analysis of New Jersey Resources Corporation (NJR)

Analysing the last 5-days average volume posted by the [New Jersey Resources Corporation, NJR], we can find that recorded value of 0.72 million was better than the volume posted last year of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 49.37%. Additionally, its Average True Range was 1.12.

During the past 100 days, New Jersey Resources Corporation’s (NJR) raw stochastic average was set at 65.47%, which indicates a significant increase from 31.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.19% in the past 14 days, which was lower than the 20.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.63, while its 200-day Moving Average is $47.26. Now, the first resistance to watch is $50.15. This is followed by the second major resistance level at $51.56. The third major resistance level sits at $52.35. If the price goes on to break the first support level at $47.95, it is likely to go to the next support level at $47.15. Should the price break the second support level, the third support level stands at $45.74.

New Jersey Resources Corporation (NYSE: NJR) Key Stats

With a market capitalization of 4.89 billion, the company has a total of 100,289K Shares Outstanding. Currently, annual sales are 1,797 M while annual income is 289,780 K. The company’s previous quarter sales were 488,360 K while its latest quarter income was 131,320 K.