$122 Million Quarterly Profit and 7% to 9% Growth Target: Why NJR Stock Is a $34 Million Portfolio Bet
Bragg Financial Advisors recently acquired 205,627 shares of New Jersey Resources (NJR), increasing its stake to 744,279 shares valued at $34.33 million. This purchase reflects confidence in NJR's strong performance, which includes a $122.5 million net income and a raised full-year earnings guidance, driven by its utility business and energy services. NJR aims for a 7% to 9% earnings growth target, making it an attractive long-term investment due to its diversified segments and consistent capital deployment.
$122 Million Quarterly Profit and 7% to 9% Growth Target: Why NJR Stock Is a $34 Million Portfolio Bet
Bragg Financial Advisors recently purchased 205,627 shares of New Jersey Resources (NJR), a move valued at an estimated $9.50 million, bringing their total stake to 744,279 shares worth approximately $34.33 million. This investment highlights confidence in NJR's performance, as the company reported a strong quarterly net income of $122.5 million and raised its full-year EPS guidance. NJR, a diversified energy services company involved in natural gas distribution and clean energy, is targeting 7% to 9% earnings growth, making it an attractive long-term investment for its steady cash flow and growth prospects.
$122 Million Quarterly Profit and 7% to 9% Growth Target: Why NJR Stock Is a $34 Million Portfolio Bet
Bragg Financial Advisors recently acquired 205,627 shares of New Jersey Resources (NJR), increasing its stake to 744,279 shares valued at $34.33 million, representing 1.12% of its assets under management. This move highlights confidence in NJR's performance, as the company reported a $122.5 million quarterly net income and raised its full-year earnings per share guidance for the sixth consecutive year. NJR, a diversified energy services holding company, aims for a 7% to 9% earnings growth, supported by regulated utility operations and renewable energy investments.
$122 Million Quarterly Profit and 7% to 9% Growth Target: Why NJR Stock Is a $34 Million Portfolio Bet
Bragg Financial Advisors increased its holdings in New Jersey Resources (NJR) by 205,627 shares, representing an estimated $9.50 million investment. This move highlights investor confidence in NJR's financial performance, including a $122.5 million net income and a raised full-year earnings per share guidance. NJR, a diversified energy services company, is targeting a sustained 7% to 9% earnings growth, driven by its regulated utility business and renewable energy investments.
$122 Million Quarterly Profit and 7% to 9% Growth Target: Why NJR Stock Is a $34 Million Portfolio Bet
Bragg Financial Advisors recently acquired 205,627 shares of New Jersey Resources (NJR), a move valued at an estimated $9.50 million, increasing their stake to 744,279 shares worth $34.33 million. This strategic investment highlights NJR's strong performance, including a $122.5 million quarterly net income and consistent earnings growth targeting 7% to 9% annually. NJR operates a diversified model encompassing natural gas distribution, renewable energy projects, and energy management, appealing to long-term investors seeking steady cash flow.
Leuthold Group LLC Decreases Holdings in NewJersey Resources Corporation $NJR
Leuthold Group LLC significantly reduced its stake in NewJersey Resources Corporation by 92.4% in the third quarter, selling over 64,000 shares. This comes as NewJersey Resources reported strong Q1 earnings, beating analyst estimates for both EPS and revenue, and provided optimistic FY2026 guidance. The company also announced an upcoming quarterly dividend, and analysts currently rate the stock as a "Moderate Buy" with a target price of $53.00, despite some recent insider selling.
Is New Jersey Resources (NJR) an Overlooked Boring Stock?
First Pacific Advisors released its Q4 2025 investor letter, highlighting New Jersey Resources Corporation (NYSE: NJR) as an attractive, overlooked "boring" stock. The FPA Queens Road Small Cap Value Fund has held NJR since its inception in 2002, noting its consistent high single-digit EPS growth and 50%+ dividend payout ratio. Despite its strong fundamentals, NJR's forward P/E multiple has declined, presenting an opportunity for investors.
NewJersey Resources (NYSE:NJR) Reaches New 12-Month High - Here's What Happened
NewJersey Resources (NYSE:NJR) reached a new 52-week high after its share price rose to $53.74. The company reported strong Q1 earnings, beating analyst expectations with $1.17 EPS and $604.85 million in revenue, and subsequently set FY2026 guidance. Analysts have upgraded the stock, and the company announced a quarterly dividend.
Alps Advisors Inc. Buys 42,185 Shares of NewJersey Resources Corporation $NJR
Alps Advisors Inc. significantly increased its stake in NewJersey Resources Corporation (NJR) by 142.3% in Q3, purchasing an additional 42,185 shares. The utilities provider recently exceeded quarterly earnings and revenue expectations and declared a quarterly dividend of $0.475, with analysts maintaining a "Moderate Buy" rating and an average price target of $53.00. Institutional investors now own 70.98% of the company's stock.
ProShare Advisors LLC Grows Position in NewJersey Resources Corporation $NJR
ProShare Advisors LLC increased its stake in NewJersey Resources Corporation by 10.3% in the third quarter of 2025, now owning 916,606 shares valued at $44.1 million. Institutional investors collectively hold about 70.98% of the company's stock. NewJersey Resources recently reported strong earnings, beating analyst estimates, and declared a quarterly dividend of $0.475 per share.
Thrivent Financial for Lutherans Purchases 47,635 Shares of NewJersey Resources Corporation $NJR
Thrivent Financial for Lutherans significantly increased its stake in NewJersey Resources Corporation (NYSE:NJR) by 200.1%, acquiring an additional 47,635 shares to hold a total of 71,444 shares valued at $3.44 million. This increased position follows NJR's strong Q4 results, which beat EPS and revenue expectations, and the company's declaration of a $0.475 quarterly dividend. Analysts maintain a "Moderate Buy" rating for NJR, with an average target price of $53.
NewJersey Resources (NYSE:NJR) Stock Rating Upgraded by Wall Street Zen
Wall Street Zen has upgraded NewJersey Resources (NYSE:NJR) from a "sell" to a "hold" rating, leading to a consensus "Moderate Buy" rating among analysts with an average target price of $53.00. The company recently surpassed earnings expectations, reporting $1.17 EPS against a $0.95 estimate and revenue of $604.85 million, marking a 23.8% year-over-year increase. NewJersey Resources also provided strong FY2026 guidance, forecasting an EPS between $3.28 and $3.43.
New Jersey Resources Raises 2026 Earnings Guidance After Q1
New Jersey Resources (NJR) reported its fiscal Q1 2026 results, with consolidated net income and net financial earnings down year-over-year, largely due to the absence of a prior-year asset sale. Despite this, management raised its fiscal 2026 net financial earnings per share guidance, citing strong January performance in Energy Services and reaffirming long-term growth targets. The company's diversified model, emphasizing regulated utilities, storage, transportation, and clean energy, underpins this optimistic outlook, leading to an "Outperform" rating from TipRanks' AI Analyst.
NJR: Gas Mix And Strong Balance Sheet Will Support Steady Future Returns
New Jersey Resources' fair value estimate has been slightly lowered to $54.33 due to more conservative revenue growth assumptions and a lower future P/E multiple. Analysts highlight the company's diversified business mix, strong FFO to debt ratio, and consistent capital expenditure funding without dilution as key strengths. However, some cautious views exist regarding the inherent risks of combining regulated and unregulated earnings streams, and potential limitations on financial flexibility.
New Jersey Resources Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
New Jersey Resources Corporation (NYSE:NJR) recently surpassed analyst forecasts with strong quarterly results, reporting revenues of US$605m and EPS of US$1.21, both notably above expectations. Following these positive results, analysts have updated their predictions, leading to a slightly more optimistic outlook on the company's earnings potential for 2026, though the consensus price target remains unchanged at US$54.33. The company's revenue growth is also projected to accelerate compared to its historical performance, despite still trailing the overall industry growth forecast.
New Jersey Resources (NJR) Margin Compression Challenges Bullish Growth Narratives After Q1 2026 Results
New Jersey Resources (NJR) reported Q1 2026 revenue of US$604.9 million and EPS of US$1.22, showing revenue growth but a decline in EPS and net profit margin compared to Q1 2025. The company's lower net profit margin of 15.2% (down from 18.2% last year) combined with weak coverage of debt by operating cash flow and a divident not well covered by free cash flow, challenges bullish growth expectations despite forecast annual earnings growth of 7.4%. A discounted cash flow (DCF) fair value of US$14.90 significantly undercuts the market price of US$51.81, raising questions about the company's valuation based on cash generation.
New Jersey Resources Corporation (NYSE:NJR) Q1 2026 Earnings Call Transcript
New Jersey Resources Corporation (NJR) reported strong Q1 2026 results, driven by exceptional performance in its energy services segment during a period of extreme cold weather, leading to a raised fiscal 2026 NFEPS guidance to $3.28 to $3.43 per share. The company detailed significant capital investments of $4.8 to $5.2 billion through fiscal 2030, with over 60% allocated to New Jersey Natural Gas for infrastructure, safety, and customer growth. NJR also highlighted growth in its Storage and Transportation business, with Leaf River capacity expansion, and Clean Energy Ventures, aiming for a 50% capacity increase over the next two years.
NewJersey Resources Q1 Earnings Call Highlights
NewJersey Resources (NJR) reported strong Q1 fiscal 2026 earnings, with net financial earnings of $118.2 million, or $1.17 per share, due to exceptional performance by its Energy Services business during a period of extreme cold weather. The company raised its fiscal 2026 NFEPS guidance to $3.28–$3.43 per share, reaffirmed its five-year capital plan of $4.8–$5.2 billion through fiscal 2030, and is expanding its Leaf River working gas capacity. NJR emphasized its hedging strategy, customer affordability programs, and continued growth in its Clean Energy Ventures segment.
NewJersey Resources Q1 Earnings Call Highlights
NewJersey Resources (NJR) reported strong Q1 fiscal 2026 earnings, driven by the outperformance of its Energy Services segment during an extreme cold snap. The company raised its fiscal 2026 NFEPS guidance to $3.28–$3.43 per share and reaffirmed its five-year capital plan, emphasizing utility-anchored growth, accelerated earnings in Storage & Transportation, and continued expansion in Clean Energy Ventures. NJR also highlighted its proactive hedging strategy and commitment to customer affordability.
New Jersey Resources Lifts Outlook on Utility Strength
New Jersey Resources (NJR) has raised its fiscal 2026 net financial earnings per share (NFEPS) guidance by $0.25, driven by strong operational performance and significant contributions from its Energy Services segment during extreme winter weather. The company also announced an expanded five-year capital deployment plan of $4.8–$5.2 billion through fiscal 2030, with over 60% allocated to its regulated New Jersey Natural Gas utility. NJR aims for a 7%-9% annual NFEPS growth and maintains a strong balance sheet without anticipating equity issuance to fund its capital plan.
New Jersey Resources Reports 1Q Results, Raises Full-Year Guidance
New Jersey Resources Corporation (NYSE: NJR) reported a 6.7% decline in consolidated net income to $122.5 million for the first quarter of fiscal 2026, primarily due to the absence of a one-time gain from residential solar asset sales in the prior year. Despite this, consolidated operating revenue rose 23.9% to $604.9 million, driven by strong performance in its Utility and Energy Services segments. The company raised its fiscal 2026 Net Financial Earnings per share guidance to $3.28-$3.43 and reaffirmed its long-term growth target.
New Jersey Resources Reports 1Q Results, Raises Full-Year Guidance
New Jersey Resources (NYSE: NJR) reported its Q1 fiscal 2026 results, showing a consolidated net income decline of 6.7% to $122.5 million, despite a 23.9% increase in operating revenue. This decline was primarily due to a one-time gain from residential solar asset sales in the prior year. The company raised its fiscal 2026 NFE per share guidance to $3.28-$3.43, citing strong January performance and maintaining its long-term growth target of 7% to 9%.
New Jersey Resources NJR Earnings Call Transcript
New Jersey Resources (NJR) reported strong Q1 results, raising its fiscal 2026 net financial earnings per share (NFEPS) guidance by $0.25 to $3.28-$3.43, driven by exceptional performance in its Energy Services segment during a record-setting winter cold event. The company secured a long-term contract for the initial capacity expansion at Leaf River and plans significant capital investments, with no need for block equity issuance. NJR emphasized its commitment to affordability through hedging and energy efficiency programs, while also pursuing organic growth in storage, transportation, and clean energy ventures.
New Jersey Resources Raises 2026 Earnings Guidance After Q1
New Jersey Resources (NJR) reported a decrease in Q1 2026 consolidated net income and earnings per share compared to the previous year, primarily due to the absence of a solar asset sale gain. Despite this, management raised its fiscal 2026 net financial earnings per share guidance by $0.25, citing strong January performance from its Energy Services segment. The company also reaffirmed its long-term NFEPS growth target, demonstrating confidence in its diversified business model.
NewJersey Resources (NYSE:NJR) Issues Earnings Results
NewJersey Resources (NYSE:NJR) announced strong earnings results, surpassing analyst expectations with an EPS of $1.17 and robust revenue growth of 23.8% year-over-year. The company also declared a quarterly dividend of $0.475, indicating an attractive 3.8% yield, and updated its full-year 2026 EPS guidance. Following the announcement, the stock saw a positive reaction, with its shares opening higher and analysts maintaining a "Moderate Buy" consensus rating.
NEW JERSEY RESOURCES ($NJR) Releases Q1 2026 Earnings
New Jersey Resources (NJR) reported strong Q1 2026 earnings, beating analyst estimates for both earnings per share and revenue. The company recorded earnings of $1.17 per share against an estimated $1.07, and revenue of $604.85 million, significantly surpassing the $552.37 million estimate. Insider trading activity, hedge fund movements, government contracts, and analyst ratings are also detailed in the report.
New Jersey Resources Reports Q1 FY2026 Financial Results
New Jersey Resources (NJR) reported a consolidated net income of $122.5 million ($1.22 per share) for Q1 FY2026, a decrease from Q1 FY2025 due to the absence of a one-time gain. Despite the net financial earnings decline, the company raised its FY2026 net financial earnings per share guidance to a range of $3.28 to $3.43, driven by strong performance in Energy Services. NJR also expanded its customer base in New Jersey Natural Gas, reaching approximately 592,000 customers.
New Jersey Resources Reports Fiscal 2026 First-Quarter Results; Increases Net Financial Earnings Guidance for Fiscal 2026
New Jersey Resources (NJR) reported its fiscal 2026 first-quarter results, showing consolidated net financial earnings (NFE) of $118.2 million, or $1.17 per share, a decrease from the prior year primarily due to the absence of a residential solar portfolio asset sale gain. Despite this, the company increased its fiscal 2026 NFEPS guidance to a range of $3.28 to $3.43, up $0.25, driven by strong performance in its Energy Services segment in January 2026. NJR also maintained its long-term NFEPS growth target of 7 to 9 percent.
New Jersey Resources Corporation Q1 2026 earnings preview
This article provides a preview of New Jersey Resources Corporation's (NJR) Q1 2026 earnings. It signals upcoming financial reporting for the company, indicating that investors and analysts will soon receive updates on NJR's performance. The article's main purpose is to set the stage for the release of these earnings.
Wealth Enhancement Advisory Services LLC Acquires 69,736 Shares of NewJersey Resources Corporation $NJR
Wealth Enhancement Advisory Services LLC significantly increased its stake in NewJersey Resources Corporation (NYSE:NJR) by 603.6%, acquiring an additional 69,736 shares, bringing its total ownership to 81,289 shares valued at $3.78 million. This investment firm now holds 0.08% of the company, while institutional investors collectively own about 70.98% of NJR. The company recently declared a quarterly dividend of $0.475 per share, resulting in an annualized dividend of $1.90 and a yield of 3.9%.
(NJR) as a Liquidity Pulse for Institutional Tactics
This article provides an institutional analysis of Newjersey Resources Corporation (NYSE: NJR), highlighting strong near and mid-term sentiment, but notes elevated downside risk in the long term. It presents three AI-generated trading strategies (Position Trading, Momentum Breakout, and Risk Hedging) tailored for different risk profiles, along with multi-timeframe signal analysis. The piece also encourages users to access real-time signals, platform demos, and create an account for personalized stock tracking and alerts.
How Investors May Respond To New Jersey Resources (NJR) ESOP Shelf, Dividend Affirmation and Chair Transition
New Jersey Resources (NJR) recently filed a US$168.75 million shelf registration for its employee stock ownership plan and affirmed its quarterly dividend of US$0.475 per share. The company also underwent a leadership change with a new Board Chair. While the ESOP is largely seen as housekeeping, the dividend's weak cash flow coverage is a key concern for investors, who are also monitoring regulatory outcomes and growth funding.
Earnings Preview: New Jersey Resources (NJR) Q1 Earnings Expected to Decline
New Jersey Resources (NJR) is projected to report a year-over-year decline in earnings for Q1 December 2025, despite an expected increase in revenues. While the Most Accurate Estimate is slightly higher than the Zacks Consensus Estimate, the stock's Zacks Rank of #4 makes a definitive prediction of an earnings beat difficult. Investors should consider the Zacks Earnings ESP and past surprise history to gauge potential stock movement.
How Investors May Respond To New Jersey Resources (NJR) ESOP Shelf, Dividend Affirmation and Chair Transition
New Jersey Resources (NJR) recently filed a US$168.75 million shelf registration for its employee stock ownership plan and affirmed a quarterly dividend of US$0.475 per share, while also undergoing a board chair transition. These actions shape the company's investment narrative, emphasizing a utility-style earnings profile and consistent dividends amid tight free cash flows. Investors are weighing income reliability against funding flexibility, especially given that current payouts are not fully covered by cash flows.
NewJersey Resources (NJR) to Release Quarterly Earnings on Monday
NewJersey Resources (NYSE:NJR) is scheduled to release its Q1 2026 earnings after market close on Monday, February 2nd. Analysts anticipate earnings per share of $0.98 and revenue of $546.9 million, with the company having set FY2026 EPS guidance between $3.030 and $3.180. The company recently declared a quarterly dividend of $0.475 per share, representing an annualized yield of 4.0%.
Earnings Preview: New Jersey Resources (NJR) Q1 Earnings Expected to Decline
New Jersey Resources (NJR) is projected to report a year-over-year earnings decline in Q1 2026, despite expectations of higher revenues. The Zacks Consensus Estimate forecasts earnings of $0.99 per share, down 23.3%, on revenues of $514.43 million, up 5.3%. While the company has a positive Earnings ESP of +1.27%, its Zacks Rank of #4 makes a definitive earnings beat difficult to predict.
NJR: Peer Leading Balance Sheet And Gas Mix Will Support Future Returns
Analysts have increased their price target for New Jersey Resources (NJR) to $53, citing confidence in the company's strong balance sheet, mix of regulated and unregulated assets, and disciplined financial model. While bullish analysts highlight NJR's attractive risk/return profile and peer-leading FFO to debt ratio, bearish views express caution regarding the complexity of its business mix and potential execution risks. The company recently reported share repurchases and provided earnings guidance, maintaining a long-term NFEPS growth target of 7% to 9%.
NewJersey Resources (NYSE:NJR) Upgraded by Argus to "Strong-Buy" Rating
Argus has upgraded NewJersey Resources (NYSE:NJR) to a "Strong-Buy" rating, contributing to the stock's overall "Moderate Buy" consensus. This upgrade follows NJR slightly surpassing its last quarter's EPS estimates despite a revenue decline, and setting a robust FY2026 EPS guidance. Insider transactions include COO Patrick J. Migliaccio selling a portion of his shares, while institutional ownership remains significant at nearly 71%.
Massachusetts Financial Services Co. MA Trims Holdings in NewJersey Resources Corporation $NJR
Massachusetts Financial Services Co. MA reduced its stake in NewJersey Resources Corporation (NYSE:NJR) by 3.4% in Q3, selling 24,196 shares but still holding 677,844 shares valued at approximately $32.64 million. Institutional investors collectively own about 70.98% of NJR stock. The company recently declared a quarterly dividend of $0.475, contributing to an annualized dividend of $1.90 and a yield of 3.9%.
Why Investors Shouldn't Be Surprised By New Jersey Resources Corporation's (NYSE:NJR) Low P/E
New Jersey Resources Corporation (NYSE: NJR) currently trades at a P/E ratio of 14.4x, which is lower than the average U.S. market P/E of 20x. While the company has shown strong historical earnings growth, analysts forecast a weaker earnings growth of 3.9% annually for the next three years, compared to the market's predicted 12% growth. This lower growth expectation is identified as the primary reason for its low P/E ratio, making it understandable why investors might not be surprised by its current valuation.
NewJersey Resources Corporation (NYSE:NJR) Plans Quarterly Dividend of $0.48
NewJersey Resources Corporation (NYSE:NJR) has announced a quarterly dividend of $0.475 per share, payable on April 1st to shareholders of record by March 11th, which implies an annualized yield of about 4.0%. The company has consistently increased its dividend for 29 consecutive years, and the dividend is well-covered by earnings, with an expected future payout ratio of 60.9%. Analysts currently rate NJR as a "Hold" with a consensus target price of $52.86.
New Jersey Resources Announces $50,000 Donation to Ducks Unlimited to Help Protect and Enhance Cattus Island in Ocean County, NJ
New Jersey Resources (NJR) has announced a $50,000 donation from its Coastal Climate Initiative (CCI) to Ducks Unlimited. This funding will support the protection and enhancement of coastal habitats on Cattus Island in Ocean County, New Jersey, focusing on wetlands restoration and resilience. The announcement coincides with NJR's 17th annual Corporate Sustainability Report, detailing its environmental, social, and governance commitments.
New Jersey Resources Declares $0.475 Quarterly Dividend
New Jersey Resources (NJR) has announced a quarterly dividend of $0.475 per share, payable on April 1, 2026, continuing its dividend payment tradition since 1952 with increases for the past 30 years. The company, a Fortune 1000 entity, provides natural gas and clean energy services and is committed to sustainability. Wall Street analysts maintain a positive outlook on NJR, with an average 1-year price target of $53.50, citing attractive valuation and strong fundamentals.
New Jersey Resources Board of Directors Declares Quarterly Dividend
The Board of Directors of New Jersey Resources Corporation (NYSE: NJR) has declared a quarterly dividend of $0.475 per share, payable on April 1, 2026, to shareholders of record as of March 11, 2026. This marks the 30th consecutive year the company has raised its dividend. New Jersey Resources is a Fortune 1000 company providing natural gas and clean energy services through its five primary businesses.
New Jersey Resources Board of Directors Declares Quarterly Dividend
New Jersey Resources Corporation (NYSE: NJR) has declared a quarterly dividend of $0.475 per share, payable on April 1, 2026, to shareholders of record as of March 11, 2026. The company has a consistent history of paying quarterly dividends since 1952 and has increased its dividend every year for the past 30 years. NJR operates through various subsidiaries providing natural gas and clean energy services.
Shareowners Elect Five Directors at the 2026 New Jersey Resources Annual Meeting
During its 2026 Annual Meeting, New Jersey Resources (NJR) shareowners elected five directors to its Board for three-year terms expiring in 2029. Donald L. Correll retired from the Board after 17 years of service, with Thomas C. O’Connor succeeding him as Board Chair. Shareowners also approved executive compensation, a 2026 Stock Award and Incentive Plan, and the appointment of Deloitte & Touche LLP as the independent accounting firm.
New Jersey Resources $50K gift to restore 35 acres of NJ marsh
New Jersey Resources (NJR) announced a $50,000 donation from its Coastal Climate Initiative to Ducks Unlimited, a wetlands conservation leader. This funding will support the restoration of approximately 35 acres of wetlands on Cattus Island in Ocean County, New Jersey. The initiative aims to enhance coastal habitats, mitigate erosion, and protect surrounding communities, aligning with NJR's commitment to improving resilience and environmental stewardship.
Commonwealth Equity Services LLC Cuts Stock Holdings in NewJersey Resources Corporation $NJR
Commonwealth Equity Services LLC reduced its stake in NewJersey Resources Corporation (NYSE:NJR) by 24.1% in Q3, holding 103,806 shares valued at nearly $5 million. Despite the reduction by one firm, other institutional investors increased their holdings. NewJersey Resources reported strong Q3 earnings, exceeding analyst estimates, and announced a quarterly dividend of $0.475 per share, representing a 4.0% yield.
New Jersey Resources (NYSE:NJR) Ticks All The Boxes When It Comes To Earnings Growth
New Jersey Resources (NYSE:NJR) shows positive earnings growth, with EPS increasing by 5.2% annually over the last three years and revenue growing 13% to US$2.0b in the past year. The company also benefits from significant insider ownership, valued at US$26m, aligning insider and shareholder interests. These factors suggest that NJR is a growing business worth monitoring.
New Jersey Resources (NYSE:NJR) Ticks All The Boxes When It Comes To Earnings Growth
New Jersey Resources (NJR) has demonstrated positive earnings growth of 5.2% per year over the last three years, with revenue increasing by 13% to US$2.0 billion in the past year. The company also shows significant insider ownership, valued at US$26 million, which aligns insider interests with shareholder value. These factors suggest NJR is a growing business worth monitoring for investors who value profitability and strong insider holdings.
