NJR makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value.
New Jersey Resources (NJR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Capital-intensive stocks like PCG, VST, NJR and OTTR are gaining on rate declines and are expected to continue strong performance in 2025, based on operational expertise.
New Jersey Resources Corporation (NYSE:NJR ) Q4 2024 Earnings Call Transcript November 26, 2024 10:00 AM ET Company Participants Adam Prior - Director of IR Steve Westhoven - President and CEO Roberto Bel - SVP and CFO Pat Migliaccio - SVP and COO Conference Call Participants Robert Mosca - Mizuho Securities Chris Ellinghaus - Seibert Williams Shank Travis Miller - Morningstar Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
NJR makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value.
Last month, New Jersey Resources upped its quarterly dividend per share for the 29th consecutive year. The natural gas utility missed analyst expectations for total operating revenue and consolidated net financial loss, but its fundamentals look to be intact. New Jersey Resources' dividend is well-covered, and its balance sheet is responsibly capitalized.
NJR continues to increase shareholders' value as its board of directors approves a 7.1% quarterly dividend hike.
NJR makes a strong case for investment, given its growth prospects, strong ROE and capability to increase shareholders' value.
Nevis Brands (CSE:NEVI, OTCQB:PSCBF) CEO John Kueber joined Proactive to discuss the company's new licensing agreement with Stash House to produce and distribute Major-branded cannabis beverages in New Jersey. Kueber highlighted the importance of New Jersey's market due to its proximity to major population centers like New York City.
New Jersey Resources Corporation (NYSE:NJR ) Q3 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Adam Prior - Head of Investor Relations Steve Westhoven - President and Chief Executive Officer Roberto Bel - Senior Vice President and Chief Financial Officer Pat Migliaccio - Senior Vice President and Chief Operating Officer Conference Call Participants Richard Sunderland - JPMorgan Travis Miller - Morningstar Michael Gaugler - Janney Montgomery Scott Robert Mosca - Mizuho Operator Hello. My name is Ellie, and I will be your operator for today.
New Jersey Resources (NJR) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.10 per share a year ago.
New Jersey Resources (NJR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.