New Jersey Resources Corporation (NJR)

41.83 -0.79  -1.85%  May 30, 5:20PM Go Pro
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New Jersey Resources Corporation Beneish M-Score: -2.602

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NJR Beneish M-Score Rankings

Overall 49th percentile 1898 of 3770
Sector 35th percentile 68 of 105 in Utilities
Industry 38th percentile 16 of 26 in Gas Utilities

NJR Beneish M-Score Range, Past 5 Years

Minimum -3.534 Sep 2009
Maximum -1.986 Sep 2008
Average -2.507

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

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NJR News

$NJR filed latest Quarterly Report http://stks.co/3g4O
about 26 days ago by MarketBrief
Benzinga's Top Upgrades
Apr 20, 7:12AM Benzinga
$NJR amended latest Annual Report http://stks.co/3J2e
about 49 days ago by MarketBrief
Listen to $NJR Q1 2012 earnings call (EPS 1.09 vs est 0.74) - live at 09:00 AM, ondemand after - http://stks.co/2HQf
about 113 days ago by earningscast
New Jersey Resources Hosts 60th Annual Meeting
Jan 25, 2:22PM Business Wire
$NJR $WEC NJ and Wisconsin utility investors didn't get the memo on the European crisis. http://stks.co/1j5e
about 152 days ago by tradewithpete
$NJR New 52 Week High - Crossed daily highs resistance.
about 161 days ago by TradeIdeasQuant
Stocks trading ex-dividend in one week: http://stks.co/1P19 / Raised payouts from $MRK $ALB $HOT $MCC $MCY $NEU $NJR $NMFC $WHG and more
about 176 days ago by DynamicDividend
$NJR filed latest Annual Report http://stks.co/1G2R
about 189 days ago by MarketBrief
New Jersey Resources raises dividend for 16th consecutive year: http://stks.co/1A0s / $NJR
about 196 days ago by DynamicDividend
$NJR New Jersey Resources Board of Directors Increases Dividend 5.6% to $0.38
about 196 days ago by Benzinga
New 52 Week High List Growing Rapidly $TNH, $ACC, $DLTR, $WCN, $NJR, $MNRO, $AZO, $CL, $MKTX, $AN, $HANS, $CF http://stks.co/1nh
about 275 days ago by trending123
Correction- $NJR NJ Resources beats by $0.26, beats on revs
about 301 days ago by trending123
don't get bamboozled by the talking heads here, Utils, Bonds still strong means more weakness in $SPY, buy $TLT $NJR $PEG
about 349 days ago by mapleleafnj
Low Volatility Dividend Growth Stocks http://stk.ly/fWw6GV $APD $CB $CVX $HRL $JNJ $MCD $MKC $NJR $PEP $PG $SXL $UGI $WEC $WMT $XOM
about 503 days ago by scottsinvestments
$NJR RT @BenzingaMedia: New Jersey Resources Posts Higher Net Financial Earnings for the 19th Consecutive Year http://is.gd/hDDRA
about 554 days ago by Kvetsh
$NJR Reports Q4 $0.04 v $0.02e, R$631.5M v $556Me
about 554 days ago by transenergy
Trade Alerts(Nov 1)-Near Support http://stk.ly/aQQypo Mid-Stream/Tankers $ATO $CPLP $DHT $GEL $GLP $KMR $NGLS $NJR $PNY $SFL $SGU $SUG $XTXI
about 575 days ago by transenergy
$NJR http://chart.ly/3j6thdl Like it as a potential long on a break of 39.05
about 611 days ago by themeatbaron
@jimcramer solar can be economic, profitable and financing can help with economics - check out $NJR and its solar program in NJ
about 651 days ago by scottgreenstein
$NJR $SJI $ NWN $ATO $PNY Five best bets in Natural Gas http://stk.ly/czL6Yf
about 722 days ago by Contrahour
$$ Ok back to trading. Shorting $NJR right here at 36.26 with tight stop at 36.37
about 1192 days ago by TradeIdeas1
@GregorMacdonald who do you like in NG space:? Any among $NWN, $PNY, $NJR, $SRE, $SWX, $SUG, $WMB, $GAS, and $ENSI?
about 1324 days ago by greenskeptic
Natural Gas stocks w/52-week highs: $NJR, $NWN, $PNY. I'm high on gas.
about 1350 days ago by greenskeptic

Recent Quotes

Symbol Price Chg Chg % Market Cap
NJR 41.83 -0.79 -1.85% 1.768B
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