South Jersey Industries Equity 2024

South Jersey Industries Aktienanalyse

What does South Jersey Industries do?

South Jersey Industries Inc (SJI) is an energy company headquartered in Folsom, New Jersey. The company's roots date back to 1910 when its predecessor company, South Jersey Gas Company, was founded to deliver gas to customers in southern New Jersey. Today, SJI operates several business segments, including South Jersey Gas, SJI Utilities, Marina Energy, SJI Energy Services, and SJI Midstream. South Jersey Gas is the largest business segment of SJI, supplying gas to nearly 400,000 customers across nearly 3,000 square kilometers in seven counties in southern New Jersey. SJI Utilities operates water supply and wastewater disposal systems in several rural communities in New Jersey. The company is also involved in the telecommunications industry, offering broadband services through its subsidiary, South Jersey Connect. Marina Energy is a power plant operator that markets electricity in various markets across the United States. The company operates multiple sites that utilize natural gas, solar, and other fuels to generate electricity. SJI Energy Services provides customers with energy efficiency and sustainability solutions, as well as facility operation services. The SJI Midstream business segment is a pipeline operator that provides services to gas utilities and industrial customers in New Jersey, Pennsylvania, and Delaware. Over the years, SJI has also completed a number of acquisitions and partnerships. In 2017, the company acquired Marina Energy and Marina Thermal Plant Acquisitions, LLC. SJI Midstream expanded its pipeline network through the acquisition of Elizabethtown Gas. In 2018, SJI formed a partnership with Ørsted, a major offshore wind energy developer, to expand wind energy infrastructure in the region. SJI is committed to driving the energy transition and transitioning to renewable energy. The company has committed to achieving a 50% reduction in its CO2 emissions by 2030 by focusing on renewable energy and improving efficiency. The company has also shifted its power mix by increasing its reliance on solar and wind energy and meeting its own electricity needs through renewable sources. Overall, SJI has a long history as an energy provider and has evolved into a larger diversified energy company in recent years. With business segments in gas, water, electricity, and telecommunications and a focus on renewable energy, SJI has promising future prospects. South Jersey Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing South Jersey Industries's Equity

South Jersey Industries's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding South Jersey Industries's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating South Jersey Industries's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

South Jersey Industries's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in South Jersey Industries’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about South Jersey Industries stock

What is the equity of South Jersey Industries this year?

South Jersey Industries has equity of 1.99 B USD this year.

What was the equity of South Jersey Industries compared to the previous year?

The equity of South Jersey Industries has increased/decreased by 0% decreased compared to the previous year.

What impact does a high equity have on investors of South Jersey Industries?

A high equity is advantageous for investors of South Jersey Industries as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of South Jersey Industries?

A low equity can be a risk for investors of South Jersey Industries, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of South Jersey Industries affect the company?

An increase in equity of South Jersey Industries can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of South Jersey Industries affect the company?

A reduction in equity of South Jersey Industries can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of South Jersey Industries?

Some factors that can affect the equity of South Jersey Industries include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of South Jersey Industries so important for investors?

The equity of South Jersey Industries is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can South Jersey Industries take to change the equity?

To change equity, South Jersey Industries can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does South Jersey Industries pay?

Over the past 12 months, South Jersey Industries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, South Jersey Industries is expected to pay a dividend of 2.47 USD.

What is the dividend yield of South Jersey Industries?

The current dividend yield of South Jersey Industries is .

When does South Jersey Industries pay dividends?

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

How secure is the dividend of South Jersey Industries?

South Jersey Industries paid dividends every year for the past 25 years.

What is the dividend of South Jersey Industries?

For the upcoming 12 months, dividends amounting to 2.47 USD are expected. This corresponds to a dividend yield of 6.84 %.

In which sector is South Jersey Industries located?

South Jersey Industries is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von South Jersey Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of South Jersey Industries from 12/27/2022 amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on 12/16/2022.

When did South Jersey Industries pay the last dividend?

The last dividend was paid out on 12/27/2022.

What was the dividend of South Jersey Industries in the year 2023?

In the year 2023, South Jersey Industries distributed 1.24 USD as dividends.

In which currency does South Jersey Industries pay out the dividend?

The dividends of South Jersey Industries are distributed in USD.