New Jersey Resources (NJR) Competitors

$44.08
+0.39 (+0.89%)
(As of 05/1/2024 ET)

NJR vs. NFG, NWN, SR, AQN, BIPC, ENIC, POR, ELP, IDA, and BKH

Should you be buying New Jersey Resources stock or one of its competitors? The main competitors of New Jersey Resources include National Fuel Gas (NFG), Northwest Natural (NWN), Spire (SR), Algonquin Power & Utilities (AQN), Brookfield Infrastructure (BIPC), Enel Chile (ENIC), Portland General Electric (POR), Companhia Paranaense de Energia - COPEL (ELP), IDACORP (IDA), and Black Hills (BKH). These companies are all part of the "utilities" sector.

New Jersey Resources vs.

New Jersey Resources (NYSE:NJR) and National Fuel Gas (NYSE:NFG) are both mid-cap utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, dividends, risk, institutional ownership, profitability, community ranking, analyst recommendations, valuation and media sentiment.

National Fuel Gas has a net margin of 21.58% compared to New Jersey Resources' net margin of 13.96%. National Fuel Gas' return on equity of 14.81% beat New Jersey Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
New Jersey Resources13.96% 11.13% 3.46%
National Fuel Gas 21.58%14.81%5.38%

National Fuel Gas received 125 more outperform votes than New Jersey Resources when rated by MarketBeat users. Likewise, 65.78% of users gave National Fuel Gas an outperform vote while only 57.22% of users gave New Jersey Resources an outperform vote.

CompanyUnderperformOutperform
New Jersey ResourcesOutperform Votes
321
57.22%
Underperform Votes
240
42.78%
National Fuel GasOutperform Votes
446
65.78%
Underperform Votes
232
34.22%

New Jersey Resources presently has a consensus price target of $45.00, suggesting a potential upside of 2.09%. National Fuel Gas has a consensus price target of $61.25, suggesting a potential upside of 15.70%. Given National Fuel Gas' stronger consensus rating and higher probable upside, analysts clearly believe National Fuel Gas is more favorable than New Jersey Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Jersey Resources
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
National Fuel Gas
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

National Fuel Gas has higher revenue and earnings than New Jersey Resources. National Fuel Gas is trading at a lower price-to-earnings ratio than New Jersey Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Jersey Resources$1.96B2.21$264.72M$2.4418.07
National Fuel Gas$2.17B2.24$476.87M$4.7711.10

71.0% of New Jersey Resources shares are owned by institutional investors. Comparatively, 74.0% of National Fuel Gas shares are owned by institutional investors. 0.8% of New Jersey Resources shares are owned by insiders. Comparatively, 1.6% of National Fuel Gas shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

New Jersey Resources has a beta of 0.64, meaning that its share price is 36% less volatile than the S&P 500. Comparatively, National Fuel Gas has a beta of 0.63, meaning that its share price is 37% less volatile than the S&P 500.

In the previous week, National Fuel Gas had 1 more articles in the media than New Jersey Resources. MarketBeat recorded 10 mentions for National Fuel Gas and 9 mentions for New Jersey Resources. National Fuel Gas' average media sentiment score of 0.60 beat New Jersey Resources' score of 0.44 indicating that National Fuel Gas is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
New Jersey Resources
2 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
National Fuel Gas
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

New Jersey Resources pays an annual dividend of $1.68 per share and has a dividend yield of 3.8%. National Fuel Gas pays an annual dividend of $1.98 per share and has a dividend yield of 3.7%. New Jersey Resources pays out 68.9% of its earnings in the form of a dividend. National Fuel Gas pays out 41.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

National Fuel Gas beats New Jersey Resources on 17 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NJR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NJR vs. The Competition

MetricNew Jersey ResourcesNatural gas distribution IndustryUtilities SectorNYSE Exchange
Market Cap$4.33B$7.48B$11.67B$17.41B
Dividend Yield3.86%3.93%4.26%3.53%
P/E Ratio18.0737.0282.4324.95
Price / Sales2.212.0025.8510.37
Price / Cash10.237.4625.6517.74
Price / Book2.162.201.874.87
Net Income$264.72M$1.17B$583.13M$965.13M
7 Day Performance0.87%-1.10%0.44%-0.62%
1 Month Performance3.33%1.17%-0.38%-4.23%
1 Year Performance-14.69%-2.71%-2.10%94.67%

New Jersey Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NFG
National Fuel Gas
4.8125 of 5 stars
$53.75
+0.3%
$61.25
+14.0%
-4.1%$4.95B$2.17B11.272,240News Coverage
NWN
Northwest Natural
4.2571 of 5 stars
$38.30
+0.8%
$45.20
+18.0%
-18.5%$1.46B$1.20B14.731,380Upcoming Earnings
Ex-Dividend
SR
Spire
2.6831 of 5 stars
$61.17
-0.3%
$62.25
+1.8%
-8.5%$3.36B$2.67B16.493,589Dividend Announcement
Analyst Downgrade
News Coverage
AQN
Algonquin Power & Utilities
4.3023 of 5 stars
$6.16
+1.3%
$7.67
+24.6%
-26.1%$4.24B$2.70B205.173,500Short Interest ↓
Analyst Revision
BIPC
Brookfield Infrastructure
3.2751 of 5 stars
$31.68
+1.2%
$42.00
+32.6%
-26.3%$4.18B$2.50B22.001,700Positive News
ENIC
Enel Chile
2.5752 of 5 stars
$3.02
-0.3%
N/A+5.3%$4.18B$5.23B5.702,158
POR
Portland General Electric
2.4122 of 5 stars
$43.54
+0.6%
$45.13
+3.6%
-12.9%$4.40B$2.92B18.692,842Earnings Report
Analyst Upgrade
ELP
Companhia Paranaense de Energia - COPEL
1.8101 of 5 stars
$7.24
-1.4%
N/A+15.3%$3.96B$4.30B0.005,954Upcoming Earnings
IDA
IDACORP
3.5651 of 5 stars
$94.13
-0.2%
$93.80
-0.4%
-14.0%$4.77B$1.77B18.312,112Short Interest ↑
News Coverage
BKH
Black Hills
2.2484 of 5 stars
$54.37
+0.1%
$55.00
+1.2%
-14.8%$3.71B$2.33B13.872,874Upcoming Earnings

Related Companies and Tools

This page (NYSE:NJR) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners