South Jersey Industries - SJI Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South Jersey Industries in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SJI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SJI, but not buy additional shares or sell existing shares.
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5 Wall Street analysts have issued twelve-month price objectives for South Jersey Industries' stock. Their SJI share price forecasts range from $24.00 to $31.00. On average, they predict the company's share price to reach $26.25 in the next twelve months. This suggests that the stock has a possible downside of 23.6%.
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South Jersey Industries' stock was trading at $26.12 at the beginning of the year. Since then, SJI shares have increased by 31.6% and is now trading at $34.38.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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South Jersey Industries, Inc. (NYSE:SJI) issued its earnings results on Thursday, February, 24th. The utilities provider reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.03. South Jersey Industries had a trailing twelve-month return on equity of 9.74% and a net margin of 7.11%. During the same period last year, the business earned $0.62 EPS.

South Jersey Industries announced a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Friday, September 9th will be given a dividend of $0.31 per share on Tuesday, October 4th. This represents a $1.24 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, September 8th.
Read our dividend analysis for SJI.

South Jersey Industries (NYSE:SJI) pays an annual dividend of $1.24 per share and currently has a dividend yield of 3.65%.
Read our dividend analysis for SJI.

South Jersey Industries's stock split before market open on Monday, May 11th 2015. The 2-1 split was announced on Friday, February 27th 2015. The newly minted shares were issued to shareholders after the closing bell on Friday, May 8th 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

15 employees have rated South Jersey Industries Chief Executive Officer Mike Renna on Glassdoor.com. Mike Renna has an approval rating of 54% among the company's employees. This puts Mike Renna in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other South Jersey Industries investors own include AT&T (T), Energy Transfer (ET), New Jersey Resources (NJR), Southern (SO), Federal Realty Investment Trust (FRT), Altria Group (MO), Procter & Gamble (PG), Philip Morris International (PM) and Ventas (VTR).

South Jersey Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "SJI."

South Jersey Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (13.48%), Segantii Capital Management Ltd (1.60%), Goldman Sachs Group Inc. (1.25%), FMR LLC (1.23%), Northern Trust Corp (1.20%) and Millennium Management LLC (0.94%).
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Shares of SJI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SJI stock can currently be purchased for approximately $34.38.

South Jersey Industries (NYSE:SJI) has a market capitalization of $4.21 billion and generates $1.99 billion in revenue each year.

The company employs 1,173 workers across the globe.

South Jersey Industries' mailing address is 1 SOUTH JERSEY PLAZA, FOLSOM NJ, 08037. The official website for the company is www.sjindustries.com. The utilities provider can be reached via phone at (609) 561-9000, via email at dfidell@sjindustries.com, or via fax at 609-561-8225.