New Jersey Resources (NJR)
NYSEUtilitiesRegulated GasSnapshot 2026-11-04
$55.06+2.65%
Close 2026-11-04 · 1-day change
NYSEUtilitiesRegulated GasSnapshot 2026-11-04
QuarterlyIQ Insights · NJR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is still in the top half of its industry but slipped notably this past month — worth watching.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 11.7% |
| Our one-year growth estimate | diamond | 22.5% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 10.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 2 industry peers
NJR — credit agreement
Dated 2026-10-28
The foregoing summary of the NJR Third Amendment is qualified in its entirety by reference to the text of the NJR Third Amendment filed herewith. NJR and its affiliates regularly engage PNC Bank, National Association, PNC Capital Markets LLC and certain of the other lenders party to the NJR Second A&R Credit Agreement, as amended by the NJR Third Amendment, or their respective affiliates, to provide other banking services. All of these engagements are negotiated at arm’s length. Third Amendme…
Why it matters: More customers helped lift NJNG earnings. Growth above its June count would support this source of utility earnings.
Supportive ifA later report shows NJNG serving more than 595,000 customers.
Worry ifA later report shows NJNG serving 595,000 or fewer customers.
Why it matters: Energy Services made $84.5 million in the first nine months, up from $39.4 million. Its gains came from gas price swings, so results may change with market conditions.
Worry ifThe next report shows Energy Services year-to-date NFE above $84.5 million. It also shows positive NFE for the new quarter.
Less concerning ifThe next report shows year-to-date NFE of $84.5 million or less for Energy Services. It may also show a new-quarter loss greater than $4.0 million.
Why it matters: Approval can let NJNG recover costs for system upgrades. A lower award may leave less of those costs in customer rates.
Watch forA final NJBPU order or settlement grants most of the requested $157.6 million base rate increase.
Also watch forThe NJBPU rejects the request or grants far less than $157.6 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$86 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $177 loss on $10,000 · 1.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,607 loss on $10,000 · 16.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.