New Jersey Resources Corp

NJR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$11.00	Mqpllz	Yctpwkfjf

New Jersey Resources Earnings: Pending Rate Case, Storage Expansion to Watch in 2024

Travis Miller

May 7, 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.

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