Natural Gas Distribution · SIC 4924

NEW JERSEY RESOURCES CORP

NJR

Watch

Latest revenue

as of

Latest net income

as of

Net margin

as of

Price · 5Y

+10.0% / yr 3.7 pts / yr vs S&P 500 60.9% total
Compare:

Live market

delayed ≤15 min
$57.27
0.16%
Market cap
$5.78B
Enterprise value
$5.78B
P/E (trailing)
17.2×
Forward P/E
P/B
Dividend yield
3.3%
52-wk high
$58.57
52-wk low
$43.46
Beta
Shares out
100.9M

5-year trend

What this company does

AI

ITEM 1. BUSINESS ORGANIZATIONAL STRUCTURE New Jersey Resources Corporation is a New Jersey corporation and a diversified energy services holding company whose principal business is the distribution of natural gas through a regulated utility, investing in and operating clean energy projects and natural gas storage and transportation assets, and providing other retail and wholesale energy services to customers. We are an exempt holding company under Section 1263 of the Energy Policy Act of 2005. Our primary subsidiaries include the following: New Jersey Natural Gas Company provides regulated natural gas utility service to residential and commercial customers throughout Burlington, Middlesex,…

AI summary unavailable — showing raw filing excerpt

Generated from NJR's filing dated 2025-11-20

Key risks

AI

ITEM 1A. RISK FACTORS When considering any investment in our securities, investors should consider the following risk factors, as well as the information contained under the caption “Information Concerning Forward-Looking Statements,” in analyzing our present and future business performance. While this list is not exhaustive, management also places no priority or likelihood based on their descriptions or order of presentation. Listed below, not necessarily in order of importance or probability of occurrence, are the most significant risk factors applicable to us. Unless indicated otherwise or the content requires otherwise, references below to “we,” “us,” and “our” should be read to refer…

AI summary unavailable — showing raw filing excerpt

Generated from NJR's filing dated 2025-11-20

Profitability

Return on equity

14.0%

6.6%

Return on assets

4.4%

6.7%

Leverage

Debt / equity

2.17×

0.2%

Long-term debt / equity

1.36×

3.9%

Debt / assets

68.4%

0.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$218.9M+7.2%

Q4 2025

2025-12-31

$122.5M-6.7%

Q3 2025

2025-09-30

$15.1M-83.5%

Q2 2025

2025-06-30

$-15.1M-30.0%

Q1 2025

2025-03-31

$204.3M+69.1%

Q4 2024

2024-12-31

$131.3M+46.9%

Q3 2024

2024-09-30

$91.1M

Q2 2024

2024-06-30

$-11.6M-855.5%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Natural Gas Distribution · SIC 4924

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Insider activity

Insider buying

$0

Insider selling

$1.5M

Net activity

−$1.5M

Distinct insiders

4

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-11

Patrick J. Migliaccio

Senior VP and COO, NJNG

Sale3,000$55.84$167.5K
2026-05-08

Jane M Kenny

Director

Sale8,000$56.10$448.8K
2026-03-19

Richard Reich

SVP and Gen Counsel

Sale5,449$52.99$288.7K
2026-03-16

Roberto Bel

SVP and CFO

Sale2,035$55.10$112.1K
2026-03-16

Roberto Bel

SVP and CFO

Sale2,035$55.10$112.1K
2026-03-16

Roberto Bel

SVP and CFO

Sale2,035$55.10$112.1K
2025-12-23

Patrick J. Migliaccio

Senior VP and COO, NJNG

Sale4,017$46.46$186.6K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns NJR

Institutional value

$2.64B

Total shares held

48.8M

Distinct holders

289

-36 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.17.4M$954.6M-453.0K (-2.5%)Trimmed
2VANGUARD PORTFOLIO MANAGEMENT LLC5.9M$322.5MNew
3VANGUARD CAPITAL MANAGEMENT LLC4.5M$247.3MNew
4DIMENSIONAL FUND ADVISORS LP4.1M$227.4M+207.2K (+5.3%)Added
5WELLS FARGO & COMPANY/MN2.5M$135.6M-215.7K (-8.0%)Trimmed
6Bank of New York Mellon Corp1.1M$58.4M-17.8K (-1.6%)Trimmed
7FIRST TRUST ADVISORS LP925.2K$50.8M-141.1K (-13.2%)Trimmed
8ROYAL LONDON ASSET MANAGEMENT LTD840.2K$46.6M+26.3K (+3.2%)Added
9ProShare Advisors LLC672.9K$37.0M-198.8K (-22.8%)Trimmed
10VANGUARD FIDUCIARY TRUST CO654.6K$35.9MNew
11JPMORGAN CHASE & CO641.3K$35.6M+39.3K (+6.5%)Added
12Invesco Ltd.508.5K$27.9M-11.4K (-2.2%)Trimmed
13UBS Group AG462.1K$25.4M+334.1K (+260.9%)Added
14CONFLUENCE INVESTMENT MANAGEMENT LLC417.0K$22.9MNew
15RHUMBLINE ADVISERS336.1K$18.5M+7.1K (+2.2%)Added
16Nuveen, LLC316.8K$17.4M-17.2K (-5.2%)Trimmed
17UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC303.0K$16.6M+47.9K (+18.8%)Added
18Legal & General Group Plc291.9K$16.0M+127.3K (+77.4%)Added
19California Public Employees Retirement System275.6K$15.1M-15.1K (-5.2%)Trimmed
20EXCHANGE TRADED CONCEPTS, LLC259.6K$14.3MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once NJR's latest filing finishes processing.