New Jersey Resources Corporation

New Jersey Resources Corporationverified

NJR

Price:

$51.04

Market Cap:

$5.06B

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 approximately 564,000 residential and commercial customers throughout 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, ow...[Read more]

Industry

Regulated Gas

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

NJR

The Enterprise Value as of November 2024 (TTM) for New Jersey Resources Corporation (NJR) is 8.43B

According to New Jersey Resources Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 8.43B. This represents a change of 12.53% compared to the average of 7.49B of the last 4 quarters.

New Jersey Resources Corporation (NJR) Historical Enterprise Value (quarterly & annually)

How has NJR Enterprise Value performed in the past?

The mean historical Enterprise Value of New Jersey Resources Corporation over the last ten years is 5.18B. The current 8.43B Enterprise Value has changed 16.17% with respect to the historical average. Over the past ten years (40 quarters), NJR's Enterprise Value was at its highest in in the March 2023 quarter at 8.25B. The Enterprise Value was at its lowest in in the September 2014 quarter at 3.06B.

Quarterly (TTM)
Annual

Average

5.18B

Median

5.25B

Minimum

3.06B

Maximum

7.23B

New Jersey Resources Corporation (NJR) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of New Jersey Resources Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 25.63%

Maximum Annual Enterprise Value = 7.23B

Minimum Annual Increase = -11.73%

Minimum Annual Enterprise Value = 3.06B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20237.23B5.62%
20226.85B12.17%
20216.10B23.09%
20204.96B-11.73%
20195.62B3.30%
20185.44B7.36%
20175.06B25.63%
20164.03B16.03%
20153.47B13.60%
20143.06B10.03%

New Jersey Resources Corporation (NJR) Average Enterprise Value

How has NJR Enterprise Value performed in the past?

The current Enterprise Value of New Jersey Resources Corporation (NJR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

6.73B

5-year avg

6.15B

10-year avg

5.18B

New Jersey Resources Corporation (NJR) Enterprise Value vs. Peers

How is NJR’s Enterprise Value compared to its peers?

New Jersey Resources Corporation’s Enterprise Value is less than Atmos Energy Corporation (31.14B), less than UGI Corporation (12.86B), greater than Chesapeake Utilities Corporation (3.04B), greater than Spire Inc. (5.17B), less than UGI Corporation (12.86B), greater than ONE Gas, Inc. (7.76B), greater than RGC Resources, Inc. (358.84M), less than NiSource Inc. (31.06B), less than NiSource Inc. (31.06B),

CompanyEnterprise ValueMarket cap
31.14B$23.32B
12.86B$6.12B
3.04B$3.01B
5.17B$4.19B
12.86B$4.87B
7.76B$4.41B
358.84M$217.05M
31.06B$10.81B
31.06B$17.60B

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