Stocktoria
NEW JERSEY RESOURCES CORP NJR
NEW JERSEY RESOURCES CORP (NJR) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 3.10% (safety: moderate). FY2025 revenue was $1.4B at a 24.8% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-12 | Wells Fargo | Overweight (init) |
| 2026-04-21 | Mizuho | Outperform (main) |
| 2025-12-17 | Mizuho | Outperform (up) |
| 2025-08-08 | Raymond James | Outperform (main) |
| 2025-06-13 | Raymond James | Outperform (init) |
| 2025-05-28 | JP Morgan | Overweight (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | -0.028 |
| Retained earnings / assets | 0.192 |
| EBIT / assets | 0.067 |
| Equity / liabilities | 0.461 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NJR | NEW JERSEY RESOURCES CORP | 6/9 | 1.38 | 17.3 | +9.9% |
| NWN | Northwest Natural Holding Co | 4/9 | 0.62 | 18.9 | +11.8% |
| NFE | New Fortress Energy Inc. | — | -5.74 | — | -36.2% |
| NFG | NATIONAL FUEL GAS CO | 8/9 | 1.57 | 14.4 | +17.1% |
| SR | SPIRE INC | 5/9 | 0.06 | 17.6 | -4.5% |
| SLNG | Stabilis Solutions, Inc. | 3/9 | — | — | -6.9% |
| CETY | Clean Energy Technologies, Inc. | 1/9 | -9.46 | — | — |
All Transportation & Utilities companies →
About NEW JERSEY RESOURCES CORP
New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to residential and commercial customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.
FAQ
Is NJR financially healthy?
NEW JERSEY RESOURCES CORP's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does NJR pay a dividend, and is it safe?
Yes. NEW JERSEY RESOURCES CORP pays a dividend yielding about 3.10% with a 53.7% payout ratio, rated “moderate” for safety.
How profitable is NJR?
In FY2025, NEW JERSEY RESOURCES CORP had a net margin of 24.8% and a return on equity of 14.0%.
Is NJR overvalued or undervalued?
NEW JERSEY RESOURCES CORP trades at about 16.6× trailing earnings — near its 10-year norm (10-year range 13.3×–31.6×, median 17.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for NJR?
The average Wall-Street price target for NEW JERSEY RESOURCES CORP is $60.14, about 8.6% above the recent price, from 7 analysts (consensus: buy).
Is NJR a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NEW JERSEY RESOURCES CORP: a Piotroski F-score of 6/9, an Altman Z″ in the grey zone, a P/E of about 17.3×, a dividend yield of 3.10%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.