New Jersey Resources Corporation (NJR)

In the past six months, NJR's stock had a 52-week high of $53.65 and a low of $43.46. As of February 5, 2026, the all-time high closing price was $52.77. During the fiscal 2026 first-quarter earnings call, NJR raised its fiscal 2026 net financial earnings per share (NFEPS) guidance by $0.25 to a range of $3.28–$3.43, due to the strong performance of its Energy Services business. First-quarter net financial earnings were $118.2 million, or $1.17 per share, a decrease compared to the prior year. NJR also reaffirmed a five-year capital plan of $4.8–$5.2 billion through fiscal 2030 and filed with FERC to expand Leaf River working gas capacity by over 70%.

Demand for New Jersey Resources' natural gas products and services exhibits seasonality, driven by heating needs. The utility proactively purchases natural gas well in advance of the heating season. The company's Energy Services segment has shown strong performance during periods of extreme cold weather, benefiting from natural gas price volatility and increased demand for heating.

New Jersey Resources Corp. (NJR) is a diversified energy services holding company focused on natural gas distribution, clean energy services, and renewable energy investments. The company operates through five primary businesses: New Jersey Natural Gas (NJNG) which operates and maintains natural gas transportation and distribution infrastructure; NJR Clean Energy Ventures (NJRCEV) which invests in, owns, and operates solar projects; NJR Energy Services (NJRES) which manages a diversified portfolio of natural gas transportation and storage assets; Storage & Transportation which serves customers through its ownership of assets like Leaf River Energy Center and the Adelphia Gateway Pipeline; and NJR Home Services (NJRHS) which provides home comfort service plans, as well as installation and repair of heating, central air conditioning, water heaters, and standby generators.

New Jersey Natural Gas serves approximately 592,000 customers across several counties in New Jersey. NJR Energy Services extends its reach across North America, managing natural gas transportation and storage assets. The Storage & Transportation segment's assets contribute to a broader geographic presence beyond New Jersey.

New Jersey Resources has maintained a positive brand reputation, being named one of America's Most Responsible Companies by Newsweek for the fifth consecutive year. New Jersey Natural Gas was recognized as one of the most trusted utilities in the nation by the 2024 Cogent Syndicated Utility Trusted Brand & Customer Engagement™: Residential report from Escalent for the ninth time in ten years. No significant negative events impacting NJR's brand reputation in the past year were found.

New Jersey Resources is primarily owned by institutional investors, who hold 75.07% of the stock, while insiders own 2.01%, and retail investors hold 22.92%. Major institutional owners include BlackRock Inc., Vanguard Group Inc., and State Street Corp. Insider transactions in the last 12 months show net buying.