Newjersey Resources Stock Performance

NJR Stock  USD 49.21  0.03  0.06%   
NewJersey Resources has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NewJersey Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding NewJersey Resources is expected to be smaller as well. NewJersey Resources right now secures a risk of 1.26%. Please verify NewJersey Resources downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if NewJersey Resources will be following its current price movements.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in NewJersey Resources are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Even with relatively unfluctuating forward-looking indicators, NewJersey Resources may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more

Actual Historical Performance (%)

One Day Return
0.061
Five Day Return
1.5
Year To Date Return
6.05
Ten Year Return
63.15
All Time Return
2.5 K
Forward Dividend Yield
0.0366
Payout Ratio
0.5068
Last Split Factor
2:1
Forward Dividend Rate
1.8
Dividend Date
2025-04-01
1
Disposition of 4983 shares by Patrick Migliaccio of NewJersey Resources at 46.0 subject to Rule 16b-3
12/23/2024
 
NewJersey Resources dividend paid on 2nd of January 2025
01/02/2025
2
Disposition of 2638 shares by Jane Kenny of NewJersey Resources subject to Rule 16b-3
01/06/2025
3
What To Expect From New Jersey Resources Corp Q1 2025 Earnings
01/31/2025
4
New Jersey Resources Corp Q1 2025 Earnings Call Highlights Strong EPS Growth and ...
02/05/2025
5
How New Jersey Resources Co. Maintains Growth in the Utilities Sector
02/06/2025
6
Stonebridge Financial Group LLC Makes New Investment in New Jersey Resources Co.
02/13/2025
7
Rate Cut Delay Fears Grip Markets Amid Rise in Inflation 4 Safe Bets
02/18/2025
8
Mattern Capital Management LLC Sells 3,400 Shares of New Jersey Resources Co.
02/21/2025
9
Is NewJersey Resources Outperforming Other Utilities Stocks This Year
03/06/2025
10
Acquisition by Amy Cradic of 5156 shares of NewJersey Resources at 46.94 subject to Rule 16b-3
03/07/2025
11
Stocks With Rising Relative Strength New Jersey Resources - Inkl
03/10/2025
12
Contrasting New Jersey Resources Venture Global
03/14/2025
Begin Period Cash Flow1.5 M
  

NewJersey Resources Relative Risk vs. Return Landscape

If you would invest  4,497  in NewJersey Resources on December 18, 2024 and sell it today you would earn a total of  427.00  from holding NewJersey Resources or generate 9.5% return on investment over 90 days. NewJersey Resources is generating 0.1617% of daily returns assuming volatility of 1.2616% on return distribution over 90 days investment horizon. In other words, 11% of stocks are less volatile than NewJersey, and above 97% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon NewJersey Resources is expected to generate 1.48 times more return on investment than the market. However, the company is 1.48 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 per unit of risk.

NewJersey Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for NewJersey Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NewJersey Resources, and traders can use it to determine the average amount a NewJersey Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1282

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Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average NewJersey Resources is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NewJersey Resources by adding it to a well-diversified portfolio.

NewJersey Resources Fundamentals Growth

NewJersey Stock prices reflect investors' perceptions of the future prospects and financial health of NewJersey Resources, and NewJersey Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NewJersey Stock performance.

About NewJersey Resources Performance

Assessing NewJersey Resources' fundamental ratios provides investors with valuable insights into NewJersey Resources' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NewJersey Resources is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 70.95  74.50 
Return On Tangible Assets 0.05  0.05 
Return On Capital Employed 0.09  0.12 
Return On Assets 0.05  0.04 
Return On Equity 0.15  0.14 

Things to note about NewJersey Resources performance evaluation

Checking the ongoing alerts about NewJersey Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NewJersey Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
NewJersey Resources has 3.52 B in debt with debt to equity (D/E) ratio of 1.72, which is OK given its current industry classification. NewJersey Resources has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for NewJersey to invest in growth at high rates of return.
Over 76.0% of NewJersey Resources shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Contrasting New Jersey Resources Venture Global
Evaluating NewJersey Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NewJersey Resources' stock performance include:
  • Analyzing NewJersey Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NewJersey Resources' stock is overvalued or undervalued compared to its peers.
  • Examining NewJersey Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating NewJersey Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NewJersey Resources' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of NewJersey Resources' stock. These opinions can provide insight into NewJersey Resources' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating NewJersey Resources' stock performance is not an exact science, and many factors can impact NewJersey Resources' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for NewJersey Stock Analysis

When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.