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NEW JERSEY RESOURCES CORP (NJR)

New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.

Sector: Natural Gas Distribution

Industry: Regulated Gas

New Jersey Resources Corporation logo

New Jersey Resources Corporation

NYSE:NJRUtilities
-0.88%$53.16
AH Close$53.16+0.00%vs close
Mkt Cap$5.39B
Float100.73M
O/S101.47M
Inst Own79.4%
SI4.9%
Div Yield3.62%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$5.39B
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership79.42%

based on 101.47M shares outstanding

SectorUtilities
IndustryRegulated Gas
ExchangeNYSE
CountryUSUS
IPO Date-
Shares Outstanding101.47M
Float100.73M
Company Overview

New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions.

The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage.

Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.

Leadership

Amy Cradic

Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy & External Affairs

Patrick J. Migliaccio

Senior Vice President & Chief Operating Officer of New Jersey Natural Gas

Richard Reich

Senior Vice President & General Counsel

Roberto F. Bel

Senior Vice President, Chief Financial Officer & Principal Financial Officer

Employees

1K+

Country

US

Sector

Utilities

Website

njresources.com

Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target (median, last 90d)
$61.00+14.7%
Low $61High $61
Ratings Distribution
BUY
8
HOLD
5
SELL
3
TOTAL16
Insider Trading
InsiderTypeShares
DelGiudice Lori profile photoDelGiudice LoriAutomatic Sell541
Reich Richard profile photoReich RichardAutomatic Sell752
Shea Jacqueline K profile photoShea Jacqueline KAutomatic Sell655
Bel Roberto profile photoBel RobertoAutomatic Sell872
Shea Jacqueline K profile photoShea Jacqueline KAutomatic Sell666
DelGiudice Lori profile photoDelGiudice LoriAutomatic Sell721
Shareholders
79.4%
Institutional
(459)
0.6%
Insiderⓘ
(17)
0.0%
5%+ Owners
(0)
20.0%
Unattributed (incl. retail)ⓘ
Institutional79.4%
Insider0.6%
Unattributed (incl. retail)20.0%
Sources: 13F, Form 4, 13D/13GO/S: 101.5M · as of 31 Jul 2026 · SEC cover page
Insiders & Institutional Holders
52-Week Range
$43.46$60.86
$53.16(56th percentile)
Volume
Average Daily Volume681.03K
497.22K today vs 681.03K avg(-27%)

30d Avg

681.03K

60d Avg

690.17K

90d Avg

679.83K

Earnings
Dividend History
TTM Yield
3.62%
Paid quarterly
Annual (LTM)
$1.93
Latest
$0.5000
Sep 24, 26
5Y Growth
+7.20%
per year
Compliance Status
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