New Jersey Resources Corporation (NJR)

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New Jersey Resources Corporation (NJR) is up 20.9% since the beginning of the year. At $55 per share, NJR is trading 6.4% below its 52-week high of $59. Investors who bought $1,000 worth of NJR shares 5 years ago would now be looking at an investment worth $1,602.

New Jersey Resources Corporation (NJR) has returned 20.94% so far this year and 28.55% over the past 12 months. Over the last ten years, NJR has returned 7.56% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 30, 1987, NJR's average daily return is +0.06%, while the average monthly return is +1.07%. At this rate, an investment would double in approximately 5.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Mar 2000 with a return of +16.5%, while the worst month was Feb 2020 at -14.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 7 months.

On a daily basis, NJR closed higher 48% of trading days. The best single day was Mar 19, 2020 with a return of +18.9%, while the worst single day was Mar 18, 2020 at -21.2%.

New Jersey Resources Corporation has an annualized alpha of 8.45%, beta of 0.56, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since December 30, 1987.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (55.30%) than losses (25.02%) - typical of diversified or defensive assets.
• Beta of 0.56 may look defensive, but with R2 of 0.19 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NJR ranks 83 for risk / return — in the top 83% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

New Jersey Resources Corporation provided a 3.47% dividend yield over the last twelve months, with an annual payout of $1.90 per share. The company has been increasing its dividends for 10 consecutive years.

The table displays the monthly dividend distributions for New Jersey Resources Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the New Jersey Resources Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the New Jersey Resources Corporation was 50.72%, occurring on Mar 18, 2020. Recovery took 512 trading sessions.

The current New Jersey Resources Corporation drawdown is 4.99%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of New Jersey Resources Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how New Jersey Resources Corporation is priced in the market compared to other companies in the Utilities - Regulated Gas industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.