NJR
New Jersey Resources Corporation Utilities - Utilities - Regulated Gas Investor Relations →
New Jersey Resources Corporation (NJR) closed at $52.42 as of 2026-02-02, trading 22.4% above its 200-week moving average of $42.81. The stock moved further from the line this week, up from 15.7% last week. With a 14-week RSI of 75, NJR is in overbought territory.
Over the past 2346 weeks of data, NJR has crossed below its 200-week moving average 4 times. On average, these episodes lasted 36 weeks. Historically, investors who bought NJR at the start of these episodes saw an average one-year return of +13.8%.
With a market cap of $5.3 billion, NJR is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 13.7%. The stock trades at 2.2x book value.
Share count has increased 4.4% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in NJR would have grown to $3301, compared to $2849 for the S&P 500. That represents an annualized return of 11.1% vs 10.6% for the index — confirming NJR as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NJR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NJR Crosses Below the Line?
Across 3 historical episodes, buying NJR when it crossed below its 200-week moving average produced an average return of +23.7% after 12 months (median +24.0%), compared to +5.7% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +27.3% vs +21.0% for the index.
Each line shows $100 invested at the moment NJR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NJR has crossed below its 200-week MA 4 times with an average 1-year return of +13.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1981 | Sep 1982 | 75 | 22.8% | -15.1% | +16413.0% |
| Feb 2020 | Feb 2021 | 51 | 33.1% | +16.0% | +85.6% |
| Jul 2021 | Nov 2021 | 14 | 9.7% | +24.3% | +60.7% |
| Nov 2021 | Nov 2021 | 2 | 2.0% | +29.9% | +60.3% |
| Average | 36 | — | +13.8% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02