NewJersey Resources (NJR) Projected to Release Quarterly Earnings on Monday

NewJersey Resources (NYSE:NJR) is expected to announce its Q3 2026 results after the market closes on Monday, August 3rd. Analysts expect NewJersey Resources to post earnings of $0.06 per share and revenue of $342.1330 million for the quarter. NewJersey Resources has set its FY 2026 guidance at 3.480-3.630 EPS. Interested persons can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 10:00 AM ET.

NewJersey Resources (NYSE:NJR) last posted its earnings results on Monday, May 4th. The utilities provider reported $2.20 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.31. The company had revenue of $939.40 million for the quarter, compared to analyst estimates of $849.95 million. NewJersey Resources had a net margin of 15.67% and a return on equity of 14.58%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the business posted $1.78 earnings per share. On average, analysts expect NewJersey Resources to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NewJersey Resources Trading Down 0.2%

Shares of NYSE NJR opened at $59.96 on Monday. NewJersey Resources has a twelve month low of $43.46 and a twelve month high of $60.69. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 17.79 and a beta of 0.50. The company has a quick ratio of 0.80, a current ratio of 0.94 and a debt-to-equity ratio of 1.24. The company’s fifty day moving average is $56.65 and its 200-day moving average is $54.47.

Insider Buying and Selling

In other NewJersey Resources news, COO Patrick J. Migliaccio sold 3,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $55.84, for a total transaction of $167,520.00. Following the completion of the transaction, the chief operating officer owned 35,202 shares in the company, valued at approximately $1,965,679.68. This represents a 7.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jane M. Kenny sold 8,000 shares of NewJersey Resources stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $56.10, for a total value of $448,800.00. Following the completion of the sale, the director directly owned 21,998 shares in the company, valued at $1,234,087.80. This represents a 26.67% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 12,150 shares of company stock valued at $682,261. Company insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On NewJersey Resources

Several institutional investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new position in shares of NewJersey Resources during the 3rd quarter worth approximately $28,000. Smartleaf Asset Management LLC lifted its position in shares of NewJersey Resources by 118.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 933 shares of the utilities provider’s stock worth $43,000 after purchasing an additional 505 shares in the last quarter. Parallel Advisors LLC boosted its holdings in NewJersey Resources by 56.9% during the third quarter. Parallel Advisors LLC now owns 1,001 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 363 shares during the last quarter. Daiwa Securities Group Inc. acquired a new position in NewJersey Resources during the second quarter worth $54,000. Finally, EverSource Wealth Advisors LLC grew its position in NewJersey Resources by 259.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,203 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 868 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

NJR has been the topic of several recent analyst reports. Mizuho lifted their target price on NewJersey Resources from $54.00 to $61.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Weiss Ratings upgraded NewJersey Resources from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 27th. Wells Fargo & Company initiated coverage on NewJersey Resources in a research report on Tuesday, May 12th. They set an “overweight” rating and a $63.00 price target on the stock. Finally, Argus set a $63.00 price objective on NewJersey Resources in a report on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $58.17.

About NewJersey Resources

New Jersey Resources Corporation is a publicly traded energy services holding company headquartered in Wall Township, New Jersey. The firm’s primary focus is on the safe and reliable distribution of natural gas, along with complementary energy services and renewable energy investments. Its operations center on delivering cost-effective solutions to residential, commercial and industrial customers throughout the state.

The company’s principal subsidiary, New Jersey Natural Gas, owns and operates an extensive pipeline network that spans northern, central and southern New Jersey.