Investors might want to bet on New Jersey Resources (NJR) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Si ...

Domestic-focused, capital-intensive companies in the Zacks Utilities sector continue to perform steadily, as the demand for utility services hardly fluctuates with the vagaries of the economy. Cost management initiatives, new electric, water and natural gas rates and customer growth continue to help the utility sector maintain operational stability.Utility operation is capital intensive, as consistent investment is required to upgrade, maintain and replace older wires and electric poles, replace old pipelin ...

FanDuel Casino teams up with the South Jersey Transportation Authority's Atlantic City Expressway Pleasantville Toll Plaza, Port Authority of New York and New Jersey's PATH Commuter Rail Systemwide and PA SEPTA Broad Street [B] Line to offer one day of free tolls and rides in New Jersey and Pennsylvania.JERSEY CITY, N.J., Dec. 5, 2024 /PRNewswire/ -- Today, FanDuel Group, the premier online gaming company in North America, announced the South Jersey Transportation Authority's Atlantic City Expressway Pleasa ...

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. At this time, I would ...

November 2024 Investor Presentation Fiscal 2024 Financial Results Forward-Looking Statements and Non-GAAP Measures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. NJR cautions readers that the assumptions forming the basis for forward-looking statements include many factors that ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-08359 NEW JERSEY RESOURCES CORPORATION (Exact name of registrant as specified in its charter) New Jersey 22-2376465 (State or other jurisdictio ...

Exhibit 99.1 ew Jersey NEW JERSEY RESOURCES REPORTS FISCAL 2024 FOURTH-QUARTER AND YEAR-END RESULTS WALL, N.J., November 25, 2024 — Today, New Jersey Resources Corporation (NYSE: NJR) reported results for the fiscal 2024 fourth quarter and year-ended September 30, 2024. Financial highlights include: • Fiscal 2024 consolidated net income of $289.8 million, or $2.94 per share, compared with net income of $264.7 million, or $2.73 per share, in fiscal 2023 • Consolidated net financial earnings (NFE), a non-GAAP ...

In the dividend investing community, it's often said that the safest dividend is the one just raised. If somebody digs deep enough, notable exceptions can be found, like W. P. Carey ( WPC Hi, my name is Kody. Aside from my weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is do ...

New Jersey Resources (NJR) announced that its board of directors has approved a 7.1% increase in its quarterly dividend rate. The new dividend rate will be 45 cents per share compared with the previous quarter's 42 cents, payable on Oct. 1, 2024, to stockholders of record as of Sept. 23. This increase resulted in an annualized dividend of $1.80 per share compared with the previous level of $1.68. The company has paid quarterly dividends continuously since its inception in 1952 and has raised the dividend ev ...

New Jersey Resources (NJR) continues to benefit from its investments in infrastructure that help serve its expanding customer base more efficiently. Given its earnings growth opportunities and strong return on equity (ROE), NJR makes for a solid investment option in the utility sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. NJR's Growth Projections The Zacks Consensus Estimate for fiscal 2024 earnings per share (EPS) has moved up 0.3% in ...