NJR Stock Summary and Trading Ideas (New Jersey Resources | NYSE:NJR)

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 solar investments primarily in New Jersey and investments in several large midstream natural gas projects.

New Jersey Resources trades on the NYSE stock market under the symbol NJR.

As of April 1, 2025, NJR stock price climbed to $49.11 with 856,017 million shares trading.

NJR has a beta of 0.20, meaning it tends to be less sensitive to market movements. NJR has a correlation of 0.02 to the broad based SPY ETF.

NJR has a market cap of $4.92 billion. This is considered a Mid Cap stock.

Last quarter New Jersey Resources reported $488 million in Revenue and $1.29 earnings per share. This beat revenue expectation by $20 million and exceeded earnings estimates by $.23.

In the last 3 years, NJR traded as high as $55.84 and as low as $38.07.

The top ETF exchange traded funds that NJR belongs to (by Net Assets): IJH, VTI, IWM, VB, DVY.

NJR has outperformed the market in the last year with a price return of +18.6% while the SPY ETF gained +8.6%. NJR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +6.2% and -0.3%, respectively, while the SPY returned -4.0% and -0.8%, respectively.

NJR support price is $48.43 and resistance is $49.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NJR shares will trade within this expected range on the day.