Feb. 21, 2020 Price forecast | 2 weeks: -0.88% | 1 month: -1.59% | 3 months: -2.32%


NJR stock forecast

Our latest prediction for New Jersey Resources Corp.'s stock price was made on the Feb. 21, 2020 when the stock price was at 43.17$.

In the short term (2weeks), NJR's stock price should underperform the market by -0.88%. During that period the price should oscillate between -4.08% and +2.93%.

In the medium term (3months), NJR's stock price should underperform the market by -2.32%. During that period the price should oscillate between -13.16% and +7.87%.


About New Jersey Resources Corp.

New Jersey Resources Corp. is a holding company. The firm provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. It operates through the following segments: New Jersey Natural Gas, NJR Clean Energy Ventures, NJR Energy Services, NJR Midstream, and NJR Home Services. The New Jersey Natural Gas segment provides regulated retail natural gas service to residential and commercial customers in central and northern New Jersey. The NJR Clean Energy Ventures segment invests in, owns and operates solar projects. The NJR Energy Services segment manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services in the U.S. and Canada. The NJR Midstream segment serves customers from local distributors and producers to electric generators and wholesale marketers. The NJR Home Services segment provides heating, ventilation and cooling service, sales and installation of appliances services to its customers, as well as solar installation projects, and is the primary contributor to home services. The company was founded in 1981 and is headquartered in Wall, NJ.

At the moment the company generates 2395M USD in revenues.

On its last earning announcement, the company reported a profit of 1.89$ per share.

The book value per share is 16.43$

New Jersey Resources Corp. website


Three months stock forecastFeb. 21, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
2395M 11.50% 167M 7.00% 173M 1.89 1.21 45.00% 90M 16.43 251M -490M -239M