RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

New Jersey Resources P/E 2024

New Jersey Resources P/E

14.18

New Jersey Resources Dividend yield

3.8 %

Ticker

NJR

ISIN

US6460251068

WKN

873388

As of May 25, 2024, New Jersey Resources's P/E ratio was 14.18, a -21% change from the 17.95 P/E ratio recorded in the previous year.

The New Jersey Resources P/E history

New Jersey Resources Aktienanalyse

What does New Jersey Resources do?

New Jersey Resources Corp (NJRC) is an energy company based in Wall Township, New Jersey. NJRC was founded in 1922 as South Jersey Industries and initially operated as a gas supply company. The company later expanded its operations and focused on the development of natural gas and renewable energy resources in the USA. NJRC's business model is to provide its customers with a comprehensive range of energy resources and solutions. This includes supplying natural gas, generating renewable energy, implementing energy-saving measures, and developing infrastructure projects. NJRC works to integrate innovative technologies and forward-thinking methods to ensure that customers' energy needs are met in a sustainable and responsible manner. NJRC is divided into three business segments: New Jersey Natural Gas, NJR Clean Energy Ventures, and NJR Energy Services. New Jersey Natural Gas is the largest natural gas supply company in New Jersey and serves over half a million customers. NJR Clean Energy Ventures is responsible for the development and implementation of renewable energy sources such as solar energy, wind power, and biogas. This segment also evaluates energy-saving measures and invests in innovative technologies. NJR Energy Services offers a range of energy products and solutions to its customers, including gas and electricity supply, combined heat and power, building automation and optimization, and specialized energy services. NJRC offers different products to meet its customers' energy needs, including both traditional gas supply and renewable energy sources. NJR Clean Energy Ventures has focused on investing in solar energy in recent years and operates several photovoltaic facilities in New Jersey that produce enough electricity for approximately 40,000 households. In addition, NJRC has invested in multiple wind power projects and operates a waste-to-energy project for biogas production. NJRC is committed to enabling sustainable and environmentally-friendly energy supply. Therefore, the company works closely with the government and other stakeholders to promote responsible energy procurement and usage. NJRC has also developed initiatives to help its customers save energy and minimize environmental impact. Overall, NJRC is a forward-thinking energy company that focuses on the development of renewable energy sources and energy-saving measures. With its comprehensive range of products and solutions, as well as strong partnerships with the government and other stakeholders, the company is able to meet the evolving needs of the energy industry and prepare for a sustainable future. New Jersey Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering New Jersey Resources's P/E Ratio

The Price to Earnings (P/E) Ratio of New Jersey Resources is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing New Jersey Resources's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of New Jersey Resources is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in New Jersey Resources’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about New Jersey Resources Stock

What is the price-to-earnings ratio of New Jersey Resources?

The price-earnings ratio of New Jersey Resources is currently 14.18.

How has the price-earnings ratio of New Jersey Resources changed compared to last year?

The price-to-earnings ratio of New Jersey Resources has increased by -21% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of New Jersey Resources high compared to other companies?

Yes, the price-to-earnings ratio of New Jersey Resources is high compared to other companies.

How does an increase in the price-earnings ratio of New Jersey Resources affect the company?

An increase in the price-earnings ratio of New Jersey Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of New Jersey Resources affect the company?

A decrease in the price-earnings ratio of New Jersey Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of New Jersey Resources?

Some factors that influence the price-earnings ratio of New Jersey Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does New Jersey Resources pay?

Over the past 12 months, New Jersey Resources paid a dividend of 1.62 USD . This corresponds to a dividend yield of about 3.8 %. For the coming 12 months, New Jersey Resources is expected to pay a dividend of 1.69 USD.

What is the dividend yield of New Jersey Resources?

The current dividend yield of New Jersey Resources is 3.8 %.

When does New Jersey Resources pay dividends?

New Jersey Resources pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of New Jersey Resources?

New Jersey Resources paid dividends every year for the past 36 years.

What is the dividend of New Jersey Resources?

For the upcoming 12 months, dividends amounting to 1.69 USD are expected. This corresponds to a dividend yield of 3.96 %.

In which sector is New Jersey Resources located?

New Jersey Resources is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von New Jersey Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of New Jersey Resources from 7/1/2024 amounting to 0.42 USD, you needed to have the stock in your portfolio before the ex-date on 6/12/2024.

When did New Jersey Resources pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of New Jersey Resources in the year 2023?

In the year 2023, New Jersey Resources distributed 1.505 USD as dividends.

In which currency does New Jersey Resources pay out the dividend?

The dividends of New Jersey Resources are distributed in USD.

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Andere Kennzahlen von New Jersey Resources

Our stock analysis for New Jersey Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New Jersey Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.