New Jersey Resources Co.

New Jersey Resources raises the quarterly dividend from $0.475 to $0.50 per share, effective for shareholders of record on Sept. 24, 2026; payment will be made on Oct. 1, 2026. The new annual dividend rate is $2.00 per share. The company has paid uninterrupted quarterly dividends since 1952 and is increasing the dividend for the 31st consecutive year, which CEO Steve Westhoven says reflects the board’s confidence in the company’s financial strength and long-term growth prospects. » Mere på de.investing.com

New Jersey Resources reported adjusted EPS of $0.11 on revenue of $349.18 million, beating analyst expectations. The company narrowed its full-year guidance to $3.52–$3.62 per share and raised the midpoint, but increased 2026 capital expenditures to $815–$950 million, mainly for New Jersey Natural Gas. Despite the earnings beat, investors reacted muted and the stock fell about 2.7% in after-hours trading. » Mere på de.investing.com

New Jersey Resources will report on August 3 for the quarter ended June 30. Five analysts expect an average EPS of $0.066 per share after a loss of −$0.150 in the year-ago quarter. Three analysts see quarterly revenue averaging $342.1 million, an increase of 5.63% year over year. For the current fiscal year, six analysts forecast an average earnings of $3.60 per share with annual revenue of about $2.21 billion (average of four analysts). » Mere på finanzen.net

New Jersey Resources will release results for the quarter ended June 30, 2026, on August 3. Five analysts forecast earnings per share of an average $0.036 after -$0.150 in the same quarter last year; three analysts see revenue at about $341.7 million (+5.49% versus the prior year). For the current fiscal year analysts on average expect EPS of $3.58 (prior year $3.33) and revenue of about $2.23 billion (prior year $2.03 billion). » Mere på finanzen.net

Shares of New Jersey Resources climbed to an all-time high of $58.88 and trade only about 1% above the 52-week high. The P/E ratio is 17.21; year-to-date the stock is up 28.79%, and it is up 26.23% over the past year. In Q2 the company beat expectations with EPS of $2.20 (expectation $1.77) and revenue of $939.4 million (expectation $840.95 million). Argus raised the price target to $63 and reaffirmed the "Buy" rating; the dividend yield is around 3.3%. Helen Ayotte was also appointed vice president of engineering, construction, and asset management. » Mere på de.investing.com