SOUTH JERSEY INDUSTRIES (SJI) Forecast, Price Target & Analyst Ratings
NYSE:SJI • US8385181081
36.09 USD
-0.02 (-0.06%)
At close: Jan 31, 2023
36.1 USD
+0.01 (+0.03%)
After Hours: 1/31/2023, 8:04:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SOUTH JERSEY INDUSTRIES (SJI).
Forecast Snapshot
Consensus Price Target
$37.01
+ 2.55% Upside
Next Earnings Forecast
Release DateFeb 22, 2023
PeriodQ4 / 2022
EPS Estimate$0.62
Revenue Estimate658.22M
ChartMill Buy Consensus
49.33%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$37.01
Upside
+ 2.55%
From current price of $36.09 to mean target of $37.01, Based on 15 analyst forecasts
Low
$36.36
Median
$36.72
High
$39.90
Price Target Revisions
1 Month
0.79%
3 Months
6.72%
Price Target Summary
15 Wall Street analysts provided a forecast for the next 12 months for SJI. The average price target is 37.01 USD. This implies a price increase of 2.55% is expected in the next year compared to the current price of 36.09.
The average price target has been revised upward by 6.72% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
49.33%
SJI was analyzed by 15 analysts. The buy percentage consensus is at 49. So analysts seem to be rather neutral about SJI.
In the previous month the buy percentage consensus was at a similar level.
SJI was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-01-09 | Janney Montgomery Scott | Downgrade | Buy -> Neutral |
| 2022-02-25 | Maxim Group | Downgrade | Buy -> Hold |
| 2022-02-17 | B of A Securities | Downgrade | Buy -> Neutral |
| 2022-01-20 | Guggenheim | Downgrade | Buy -> Neutral |
| 2021-11-29 | Wells Fargo | Downgrade | Overweight -> Equal-Weight |
| 2021-10-04 | Wells Fargo | Upgrade | Equal-Weight -> Overweight |
| 2021-09-17 | Morgan Stanley | Maintains | Equal-Weight |
| 2021-07-20 | Morgan Stanley | Maintains | Equal-Weight |
| 2021-05-28 | Morgan Stanley | Upgrade | Underweight -> Equal-Weight |
| 2021-05-11 | JP Morgan | Upgrade | Underweight -> Neutral |
| 2021-04-28 | B of A Securities | Upgrade | Neutral -> Buy |
| 2021-03-22 | B of A Securities | Upgrade | Underperform -> Neutral |
| 2021-03-19 | Morgan Stanley | Maintains | Underweight |
| 2021-03-04 | Wells Fargo | Downgrade | Equal-Weight -> Underweight |
| 2021-02-18 | Morgan Stanley | Maintains | Underweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 22, 2023
PeriodQ4 / 2022
EPS Estimate$0.62
Revenue Estimate658.22M
Revenue Q2Q2.81%
EPS Q2Q7.22%
Number of Analysts8
Next Earnings Revisions
Revenue (1 Month)
-1.17%
Revenue (3 Months)
-1.17%
EPS (1 Month)
0.28%
EPS (3 Months)
0.28%
Next Earnings Summary
SJI is expected to report earnings on 2/22/2023. The consensus EPS estimate for the next earnings is 0.62 USD and the consensus revenue estimate is 658.22M USD.
The next earnings revenue estimate has been revised downward by 1.17% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.629B -0.77% | 1.541B -5.35% | 1.992B 29.23% | 2.389B 19.93% | 2.273B -4.86% | 2.269B -0.18% | 1.907B -15.95% | 2.381B 24.86% | |
| EBITDA YoY % growth | 342.7M 4.61% | 450.2M 31.37% | 560.772M 24.56% | 536.05M -4.41% | 641.22M 19.62% | 674.19M 5.14% | 723.35M 7.29% | 771.59M 6.67% | |
| EBIT YoY % growth | 209.3M 7.50% | 279.6M 33.59% | 349.12M 24.86% | 343.1M -1.72% | 435.43M 26.91% | 464.37M 6.65% | 486.13M 4.69% | 538M 10.67% | |
| Operating Margin | 12.85% | 18.14% | 17.53% | 14.36% | 19.16% | 20.47% | 25.49% | 22.60% | |
| EPS YoY % growth | 1.13 -22.07% | 1.70 50.44% | 1.69 -0.59% | 1.74 2.99% | 1.82 4.84% | 1.94 6.27% | 2.02 4.17% | 2.04 1.00% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 22 | Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.62 7.22% | 1.24 -0.41% | -0.03 -150.50% | -0.13 29.86% | 0.72 15.72% | 1.37 10.34% | -0.16 -540.00% | -0.10 24.00% | 0.83 15.79% |
| Revenue Q2Q % growth | 658.22M 2.81% | 757.9M -8.09% | 433.9M -15.16% | 528.53M -13.14% | 612.77M -6.90% | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 186.5M 23.88% | 264.32M 3.55% | 100.5M 19.89% | 65.246M 8.48% | 184.63M -1.00% | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 128.47M -14.16% | 218.67M 10.11% | 54.035M 627.22% | 17.877M 56.82% | 136.45M 6.21% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
4.69%
EPS Next 5 Year
3.84%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
8.14%
Revenue Next 5 Year
5.82%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
25.98%
EBIT Next 5 Year
18.01%
SOUTH JERSEY INDUSTRIES / SJI Forecast FAQ
What is the price target for SJI stock?
15 analysts have analysed SJI and the average price target is 37.01 USD. This implies a price increase of 2.55% is expected in the next year compared to the current price of 36.09.
When does SOUTH JERSEY INDUSTRIES (SJI) report earnings?
SOUTH JERSEY INDUSTRIES (SJI) will report earnings on 2023-02-22, after the market close.
What are the consensus estimates for SJI stock next earnings?
The consensus EPS estimate for the next earnings of SOUTH JERSEY INDUSTRIES (SJI) is 0.62 USD and the consensus revenue estimate is 658.22M USD.
Can you provide the expected long term growth rate for SOUTH JERSEY INDUSTRIES stock?
The expected long term growth rate for SOUTH JERSEY INDUSTRIES (SJI) is 8.14%.