New Jersey Resources - Stock

New Jersey Resources Market capitalization 2024

New Jersey Resources Market capitalization

4.14 B USD

Ticker

NJR

ISIN

US6460251068

WKN

873388

In 2024, New Jersey Resources's market cap stood at 4.14 B USD, a -8.32% increase from the 4.51 B USD market cap in the previous year.

The New Jersey Resources Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2028e2.4939,60364.63
2027e2.3941,21332.69
2026e2.1745,39305.41
2025e2.0947,04287.45
2024e2.0547,91293.01
20231.9650,13264.7
20222.9132,93274.9
20212.1637,32117.9
20201.9533,22163
20192.5921,13123.9
20182.9221,95233.4
20172.2724,90132.1
20161.8828,08131.7
20152.7323,72181
20143.7416,01142
20133.215,19114.8
20122.2518,1292.9
20113.0115,24101.3
20102.6417,87117.5
20092.5913,4027.2
20083.8212,72109.2
20073.0213,1162.9
20063.2719,31221.9
20053.188,4818.5
20042.5312,6471.6

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.

Market capitalization Details

Exploring New Jersey Resources's Market Capitalization

New Jersey Resources's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of New Jersey Resources's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

New Jersey Resources's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in New Jersey Resources’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about New Jersey Resources Stock

What is the current New Jersey Resources market capitalization?

The current market capitalization of New Jersey Resources is 4.14 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like New Jersey Resources.

How has the market capitalization of New Jersey Resources developed in recent years?

The market capitalization of New Jersey Resources has increased/decreased by -8.32% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of New Jersey Resources?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of New Jersey Resources?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of New Jersey Resources have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 3.82 %. 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 3.82 %.

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 3.98 %.

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.