NewJersey Resources (NJR) Projected to Post Earnings on Monday

NewJersey Resources (NYSE:NJR) is anticipated to issue its Q1 2026 results after the market closes on Monday, February 2nd. Analysts expect the company to announce earnings of $0.98 per share and revenue of $546.90 million for the quarter. NewJersey Resources has set its FY 2026 guidance at 3.030-3.180 EPS. Investors may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, February 3, 2026 at 10:00 AM ET.

NewJersey Resources (NYSE:NJR) last posted its earnings results on Wednesday, November 19th. The utilities provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. The company had revenue of $336.08 million for the quarter, compared to analyst estimates of $307.30 million. NewJersey Resources had a return on equity of 13.73% and a net margin of 16.48%.NewJersey Resources’s revenue was down 15.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.89 earnings per share. On average, analysts expect NewJersey Resources to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NewJersey Resources Stock Performance

Shares of NJR opened at $49.45 on Friday. The stock has a market cap of $4.98 billion, a P/E ratio of 14.85 and a beta of 0.60. NewJersey Resources has a 12-month low of $43.46 and a 12-month high of $50.76. The company has a 50-day moving average of $46.91 and a two-hundred day moving average of $46.64. The company has a current ratio of 0.73, a quick ratio of 0.40 and a debt-to-equity ratio of 1.36.

NewJersey Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.475 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.90 annualized dividend and a dividend yield of 3.8%. NewJersey Resources’s dividend payout ratio is 57.06%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. New Street Research set a $54.00 price target on NewJersey Resources in a report on Wednesday, December 17th. Raymond James Financial reiterated an “outperform” rating and issued a $53.00 target price on shares of NewJersey Resources in a research note on Thursday, November 20th. Weiss Ratings restated a “hold (c+)” rating on shares of NewJersey Resources in a research report on Monday, December 29th. Mizuho raised shares of NewJersey Resources from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $51.00 to $54.00 in a report on Wednesday, December 17th. Finally, Wall Street Zen lowered shares of NewJersey Resources from a “hold” rating to a “sell” rating in a research note on Sunday, December 28th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, NewJersey Resources presently has an average rating of “Moderate Buy” and an average price target of $52.86.

Insider Activity at NewJersey Resources

In other news, COO Patrick J. Migliaccio sold 4,017 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $46.46, for a total value of $186,629.82. Following the completion of the sale, the chief operating officer directly owned 38,065 shares of the company’s stock, valued at approximately $1,768,499.90. This represents a 9.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On NewJersey Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in NewJersey Resources during the 3rd quarter valued at $28,000. Parallel Advisors LLC lifted its holdings in shares of NewJersey Resources by 56.9% in the third quarter. Parallel Advisors LLC now owns 1,001 shares of the utilities provider’s stock valued at $48,000 after buying an additional 363 shares during the period. EverSource Wealth Advisors LLC boosted its stake in NewJersey Resources by 259.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the utilities provider’s stock valued at $54,000 after buying an additional 868 shares in the last quarter. Daiwa Securities Group Inc. acquired a new position in NewJersey Resources during the second quarter worth about $54,000. Finally, CIBC Private Wealth Group LLC raised its position in NewJersey Resources by 164.9% in the third quarter. CIBC Private Wealth Group LLC now owns 1,682 shares of the utilities provider’s stock worth $81,000 after acquiring an additional 1,047 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

About NewJersey Resources

New Jersey Resources Corporation is a publicly traded energy services holding company headquartered in Wall Township, New Jersey. The firm’s primary focus is on the safe and reliable distribution of natural gas, along with complementary energy services and renewable energy investments. Its operations center on delivering cost-effective solutions to residential, commercial and industrial customers throughout the state.

The company’s principal subsidiary, New Jersey Natural Gas, owns and operates an extensive pipeline network that spans northern, central and southern New Jersey.