NewJersey Resources Net Worth
NewJersey Resources Net Worth Breakdown | NJR |
NewJersey Resources Net Worth Analysis
NewJersey Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including NewJersey Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of NewJersey Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform NewJersey Resources' net worth analysis. One common approach is to calculate NewJersey Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares NewJersey Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing NewJersey Resources' net worth. This approach calculates the present value of NewJersey Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of NewJersey Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate NewJersey Resources' net worth. This involves comparing NewJersey Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into NewJersey Resources' net worth relative to its peers.
Enterprise Value |
|
To determine if NewJersey Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NewJersey Resources' net worth research are outlined below:
| NewJersey Resources has 3.29 B in debt with debt to equity (D/E) ratio of 1.72, which is OK given its current industry classification. NewJersey Resources has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for NewJersey to invest in growth at high rates of return. | |
| About 75.0% of NewJersey Resources shares are owned by institutional investors | |
| On 1st of October 2024 NewJersey Resources paid $ 0.45 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: StockNews.com Upgrades New Jersey Resources to Hold |
NewJersey Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NewJersey Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NewJersey Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Know NewJersey Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NewJersey Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NewJersey Resources backward and forwards among themselves. NewJersey Resources' institutional investor refers to the entity that pools money to purchase NewJersey Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-06-30 | 1.1 M | Neuberger Berman Group Llc | 2024-06-30 | 1.1 M | Proshare Advisors Llc | 2024-06-30 | 886.1 K | Duff & Phelps Inv Mgmt Co (il) | 2024-06-30 | 875.6 K | Fmr Inc | 2024-06-30 | 872.1 K | Massachusetts Financial Services Company | 2024-06-30 | 830.6 K | Goldman Sachs Group Inc | 2024-06-30 | 729.7 K | Aqr Capital Management Llc | 2024-06-30 | 618.4 K | Jpmorgan Chase & Co | 2024-06-30 | 522.5 K | Blackrock Inc | 2024-06-30 | 16.6 M | Vanguard Group Inc | 2024-06-30 | 11.8 M |
Follow NewJersey Resources' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.73 B.Market Cap |
|
Project NewJersey Resources' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.08 | 0.12 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.15 | 0.14 |
When accessing NewJersey Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures NewJersey Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NewJersey Resources' profitability and make more informed investment decisions.
Evaluate NewJersey Resources' management efficiency
NewJersey Resources has Return on Asset of 0.0359 % which means that on every $100 spent on assets, it made $0.0359 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1139 %, implying that it generated $0.1139 on every 100 dollars invested. NewJersey Resources' management efficiency ratios could be used to measure how well NewJersey Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/14/2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.05. At this time, NewJersey Resources' Total Assets are relatively stable compared to the past year. As of 11/14/2024, Non Current Assets Total is likely to grow to about 7.3 B, while Total Current Assets are likely to drop slightly above 605.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 18.47 | 19.39 | |
| Tangible Book Value Per Share | 18.39 | 19.31 | |
| Enterprise Value Over EBITDA | 10.95 | 9.85 | |
| Price Book Value Ratio | 1.78 | 1.75 | |
| Enterprise Value Multiple | 10.95 | 9.85 | |
| Price Fair Value | 1.78 | 1.75 | |
| Enterprise Value | 1.6 B | 883.6 M |
Leadership at NewJersey Resources has been instrumental in navigating market challenges and seizing growth opportunities. Our analysis focuses on how these leadership qualities translate into financial performance.
Enterprise Value Revenue 4.6891 | Revenue 1.7 B | Quarterly Revenue Growth 0.23 | Revenue Per Share 17.639 | Return On Equity 0.1139 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NewJersey Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on NewJersey Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NewJersey Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NewJersey Resources Corporate Filings
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ASR | 25th of September 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
| 20th of June 2024 Other Reports | ViewVerify |
NewJersey Resources Earnings per Share Projection vs Actual
NewJersey Resources Corporate Directors
| Jane Kenny | Independent Director | Profile | |
| Adam Prior | Director Relations | Profile | |
| Thomas OConnor | Independent Director | Profile | |
| M Hardwick | Independent Director | Profile |
Additional Tools for NewJersey Stock Analysis
When running NewJersey Resources' price analysis, check to measure NewJersey Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewJersey Resources is operating at the current time. Most of NewJersey Resources' value examination focuses on studying past and present price action to predict the probability of NewJersey Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewJersey Resources' price. Additionally, you may evaluate how the addition of NewJersey Resources to your portfolios can decrease your overall portfolio volatility.