New Jersey Resources Corp. (NYSE:NJR) declared a quarterly dividend on Wednesday, November 13th, Analyst Ratings Net reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.42 per share on Thursday, January 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 3.69%.
On the ratings front, analysts at Barclays raised their price target on shares of New Jersey Resources Corp. from $42.00 to $44.00 in a research note to investors on Thursday, August 22nd. They now have an “underweight” rating on the stock.
New Jersey Resources Corp. (NYSE:NJR) opened at 45.89 on Thursday. New Jersey Resources Corp. has a 1-year low of $38.51 and a 1-year high of $47.60. The stock has a 50-day moving average of $44.75 and a 200-day moving average of $44.41. The company has a market cap of $1.899 billion and a P/E ratio of 15.12.
New Jersey Resources Corporation (NYSE:NJR) is an energy services holding company providing retail and wholesale energy services to customers in states from the Gulf Coast and Mid-Continent regions to the Appalachian and Northeast regions, the West Coast and Canada.
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