New Jersey Resources Corp
NJR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$48.00 | Mtghcr | Hrbnyydt |
New Jersey Resources Earnings: Pending Rate Case, Storage Expansion to Watch in 2024
We reaffirm our $46 fair value estimate and narrow moat rating for New Jersey Resources after the firm reported $1.41 per share of adjusted earnings in its second fiscal quarter.