Mizuho downgraded New Jersey Resources from Buy to Neutral and set a new price target of $42.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/12/2024 | $52.00 → $54.00 | Neutral → Overweight | Analyst |
| 9/21/2023 | $44.00 → $46.00 | Underweight → Neutral | JP Morgan |
| 9/9/2022 | $47.00 → $46.00 | Neutral → Underweight | JP Morgan |
| 1/5/2022 | $42.00 | Buy → Neutral | Mizuho |
| 6/25/2021 | $39.00 | Neutral → Underperform | BofA Securities |
New Jersey Resources (NYSE:NJR) invites investors, customers, members of the financial community and other interested parties to listen to a live webcast of its fiscal 2025 first quarter financial results on Tuesday, February 4, 2025, at 10 a.m. ET. New Jersey Resources will release these results on Monday, February 3, 2025, after the close of the stock market. A few minutes prior to the webcast, visit www.njresources.com and select "Investor Relations." Scroll down and click the webcast link under "Latest Events" on the right side of the page. About New Jersey Resources New Jersey Resources (NYSE:NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliabl
Today, New Jersey Resources Corporation (NYSE:NJR) reported results for the fiscal 2024 fourth quarter and year-ended September 30, 2024. Financial highlights include: Fiscal 2024 consolidated net income of $289.8 million, or $2.94 per share, compared with net income of $264.7 million, or $2.73 per share, in fiscal 2023 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $290.8 million, or $2.95 per share, in fiscal 2024, compared to NFE of $261.8 million, or $2.70 per share, in fiscal 2023 Achieved higher end of fiscal 2024 net financial earnings per share (NFEPS) guidance range of $2.85 to $3.00, which was increased in February 2024 Fiscal 2024 fourth-q
-Deal Grows Spruce's Home Solar Assets and Contracts by ~13% to ~85,000- -Accelerates Operating Efficiencies to Enhance Customer Experience and Shareholder Value- Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company") today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures ("CEV"), a subsidiary of New Jersey Resources Corporation (NYSE:NJR), for $132.5 million. The acquisition closed on November 22, 2024. The acquired assets ("Spruce Power 5 Portfolio" or the "Portfolio") consist of approximately 9,800 solar systems in New Jersey that were installed under a CEV residential solar program between 2010 to 2024. Solar systems under
4 - NEW JERSEY RESOURCES CORP (0000356309) (Issuer)
4 - NEW JERSEY RESOURCES CORP (0000356309) (Issuer)
4 - NEW JERSEY RESOURCES CORP (0000356309) (Issuer)
DEFA14A - NEW JERSEY RESOURCES CORP (0000356309) (Filer)
DEF 14A - NEW JERSEY RESOURCES CORP (0000356309) (Filer)
10-K - NEW JERSEY RESOURCES CORP (0000356309) (Filer)
Analyst upgraded NJ Resources from Neutral to Overweight and set a new price target of $54.00 from $52.00 previously
JP Morgan upgraded NJ Resources from Underweight to Neutral and set a new price target of $46.00 from $44.00 previously
JP Morgan downgraded NJ Resources from Neutral to Underweight and set a new price target of $46.00 from $47.00 previously
Today, New Jersey Resources Corporation (NYSE:NJR) reported results for the fiscal 2024 fourth quarter and year-ended September 30, 2024. Financial highlights include: Fiscal 2024 consolidated net income of $289.8 million, or $2.94 per share, compared with net income of $264.7 million, or $2.73 per share, in fiscal 2023 Consolidated net financial earnings (NFE), a non-GAAP financial measure, of $290.8 million, or $2.95 per share, in fiscal 2024, compared to NFE of $261.8 million, or $2.70 per share, in fiscal 2023 Achieved higher end of fiscal 2024 net financial earnings per share (NFEPS) guidance range of $2.85 to $3.00, which was increased in February 2024 Fiscal 2024 fourth-q
-Deal Grows Spruce's Home Solar Assets and Contracts by ~13% to ~85,000- -Accelerates Operating Efficiencies to Enhance Customer Experience and Shareholder Value- Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company") today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures ("CEV"), a subsidiary of New Jersey Resources Corporation (NYSE:NJR), for $132.5 million. The acquisition closed on November 22, 2024. The acquired assets ("Spruce Power 5 Portfolio" or the "Portfolio") consist of approximately 9,800 solar systems in New Jersey that were installed under a CEV residential solar program between 2010 to 2024. Solar systems under
The board of directors (the "Board") of New Jersey Resources Corporation (NYSE:NJR) unanimously declared a quarterly dividend on its common stock of $0.45 per share. The dividend will be payable on January 2, 2025, to shareowners of record as of December 11, 2024. NJR has paid quarterly dividends continuously since its inception in 1952, and has raised the dividend every year for the last 29 years. About New Jersey Resources New Jersey Resources (NYSE:NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary bus
SC 13G/A - NEW JERSEY RESOURCES CORP (0000356309) (Subject)
SC 13G/A - NEW JERSEY RESOURCES CORP (0000356309) (Subject)
SC 13G/A - NEW JERSEY RESOURCES CORP (0000356309) (Subject)
Shareowners Elect Four Directors New Jersey Resources (NYSE:NJR), today hosted its 71st Annual Shareowners Meeting. At the virtual meeting, shareowners elected Donald L. Correll, James H. DeGraffenreidt Jr., M. Susan Hardwick and Peter C. Harvey to NJR's board of directors each for a three-year term that will expire in 2027. "I appreciate our shareowners' overwhelming support for our directors and confidence in our company," said Steve Westhoven, President and CEO of New Jersey Resources. "With the strong expertise of our board, we remain committed to executing on our growth strategy and delivering long-term value for our shareowners." Also at the meeting, NJR's longest serving indepe
New Jersey Natural Gas, (NJNG), a regulated subsidiary of New Jersey Resources (NYSE:NJR), announced the appointment of Marissa Travaline as Vice President, Customer Service, Marketing and Energy Efficiency effective today. In this role, Ms. Travaline will be responsible for overseeing a diverse team of employees and developing, implementing and executing NJNG's customer experience strategy, customer service and call center operations, residential and commercial growth objectives and energy-efficiency programs. "Marissa brings nearly two decades of strong strategic and operational leadership to New Jersey Natural Gas, skills that will serve our customers and our company well as we lead th
Mr. Eckert to succeed Ginger Richman upon her retirement on December 31, 2023 New Jersey Resources (NYSE:NJR) today announced the appointment of James Eckert as Vice President, Storage and Transportation, NJR Midstream Company (S&T), a wholly-owned subsidiary of NJR, effective August 1, 2023. Mr. Eckert will succeed Vice President Ginger Richman. Ms. Richman will remain with the company to facilitate the leadership transition until her scheduled retirement on December 31, 2023. "With more than three decades of natural gas marketing and operational experience, James is a respected leader and welcome addition to our executive team," said Steve Westhoven, President and CEO of New Jersey Re