News stories about South Jersey Industries (NYSE:SJI) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. South Jersey Industries earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 48.2082551626122 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- South Jersey Industries Inc (NYSE:SJI): Ex-Dividend Is In 3 Days, Should You Buy? (finance.yahoo.com)
- Head-To-Head Comparison: RGC Resources (RGCO) and South Jersey Industries (SJI) (americanbankingnews.com)
- South Jersey Industries (SJI) Upgraded to “Buy” by Zacks Investment Research (americanbankingnews.com)
- South Jersey Industries Inc (SJI) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
SJI has been the topic of several research reports. TheStreet lowered South Jersey Industries from a “b-” rating to a “c+” rating in a report on Wednesday, January 10th. Zacks Investment Research raised South Jersey Industries from a “sell” rating to a “hold” rating in a report on Friday, November 17th. JPMorgan Chase & Co. lowered their price target on South Jersey Industries from $35.00 to $31.00 and set a “neutral” rating on the stock in a report on Thursday, January 25th. Hilliard Lyons lowered South Jersey Industries from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Finally, Sidoti lowered South Jersey Industries from a “buy” rating to a “neutral” rating and set a $34.00 price target on the stock. in a report on Monday, January 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $33.43.
South Jersey Industries (NYSE:SJI) last released its quarterly earnings results on Thursday, February 22nd. The utilities provider reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.08. South Jersey Industries had a positive return on equity of 7.84% and a negative net margin of 0.28%. The firm had revenue of $345.74 million for the quarter, compared to analyst estimates of $336.19 million. During the same quarter last year, the company posted $0.42 earnings per share. analysts expect that South Jersey Industries will post 1.58 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 3rd. Investors of record on Monday, March 19th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend is Friday, March 16th. South Jersey Industries’s dividend payout ratio is currently -2,800.00%.
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About South Jersey Industries
South Jersey Industries, Inc (SJI) is an energy services holding company. The Company provides a range of energy-related products and services, primarily through its subsidiaries. Its subsidiaries include South Jersey Gas Company (SJG), South Jersey Energy Company (SJE), South Jersey Resources Group, LLC (SJRG), South Jersey Exploration, LLC (SJEX), Marina Energy, LLC (Marina), South Jersey Energy Service Plus, LLC (SJESP) and SJI Midstream, LLC (Midstream).
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