South Jersey Industries Inc (SJIV) Stock Analysis
DELISTED 2023
What happened to South Jersey Industries Inc (SJIV) stock?
South Jersey Industries Inc (SJIV) no longer trades on public markets. It was delisted in February 2023. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
South Jersey Industries Inc (SJIV) trades at $67.45. South Jersey Industries (SJI) is an energy services holding company. It delivers natural gas and clean energy solutions across New Jersey and the broader Mid-Atlantic region. Sector: Utilities.
Last analyzed: Mar 16, 2026Analyst Coverage for SJIV: SJIV does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SJIV against Utilities peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
SJIV: 1/2 scored disciplines lean bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →South Jersey Industries Inc (SJIV) Utility Operations & Dividend Profile
South Jersey Industries, operating in the regulated gas utility sector, focuses on delivering natural gas and clean energy solutions. With a dividend yield of 3.44% and a profit margin of 9.0%, SJI aims to balance reliable energy delivery with sustainable practices in the Mid-Atlantic region.
What Is the Investment Thesis for SJIV?
South Jersey Industries presents a mixed investment thesis. The company's regulated utility operations provide a stable revenue stream and a dividend yield of 3.44%, appealing to income-focused investors. A P/E ratio of 19.50 suggests a moderate valuation. Growth catalysts include infrastructure modernization projects and expansion into clean energy initiatives. However, potential risks include regulatory changes, fluctuations in natural gas prices, and the capital-intensive nature of utility operations. Investors should weigh the stability of the regulated utility business against the challenges of navigating the evolving energy landscape. The company's ability to execute its clean energy strategy and manage operational costs will be critical to its long-term success.
Based on FMP financials and quantitative analysis
SJIV Key Highlights
Dividend Yield of 3.44% provides a steady income stream for investors.
- Profit Margin of 9.0% indicates solid profitability within the regulated utility sector.
- Gross Margin of 24.2% reflects the efficiency of SJI's operations in natural gas distribution.
- SJI serves approximately 730,000 customers through its subsidiaries, South Jersey Gas and Elizabethtown Gas.
- The company is focused on modernizing its infrastructure and expanding into clean energy solutions.
Who Are SJIV's Competitors?
SJIV is benchmarked below against 5 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NJR New Jersey Resources Corporation | $55.08 | -0.79% | $5.56B | 71 |
| UGI UGI Corporation | $38.28 | -0.70% | $8.21B | 97 |
| NI NiSource Inc. | $41.98 | +0.85% | $20.1B | 45 |
| GASNY Naturgy Energy Group, S.A. | $6.82 | -0.58% | $31.8B | 42 |
| SNMRF Snam S.p.A. | $6.58 | +0.00% | $22.1B | 54 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SJIV's Key Strengths?
Stable revenue stream from regulated utility operations.
- High dividend yield attracts income-focused investors.
- Strong market position in southern and central New Jersey.
- Commitment to clean energy initiatives.
What Are SJIV's Weaknesses?
Exposure to regulatory changes and political risks.
- Dependence on natural gas prices.
- Capital-intensive business model.
- Limited geographic diversification.
What Could Drive SJIV Stock Higher?
Regulatory approvals for infrastructure modernization projects.
- Expansion of renewable natural gas production and distribution.
- Implementation of energy efficiency programs.
- Strategic acquisitions or partnerships to expand service territory.
What Are the Key Risks for SJIV?
Changes in regulatory policies that affect rates and profitability.
- Fluctuations in natural gas prices that impact operating costs.
- Increased competition from alternative energy sources.
- Cybersecurity threats to energy infrastructure.
- Environmental regulations and carbon taxes.
What Are the Growth Opportunities for SJIV?
- Infrastructure Modernization: SJI can invest in upgrading its natural gas distribution infrastructure to improve safety and reliability. These projects, often supported by regulatory approvals, can enhance efficiency and reduce methane emissions, aligning with environmental goals. The market for infrastructure upgrades in the utility sector is substantial, with billions of dollars in planned investments across the US over the next decade. Ongoing:
- Clean Energy Initiatives: SJI can expand its investments in renewable natural gas (RNG) and other clean energy technologies. RNG, produced from organic waste, can be blended with traditional natural gas to reduce carbon emissions. The market for RNG is growing rapidly, driven by government incentives and corporate sustainability goals. SJI can leverage its existing infrastructure to distribute RNG and capture a share of this growing market. Ongoing:
- Geographic Expansion: SJI can pursue strategic acquisitions or partnerships to expand its service territory beyond New Jersey. This could involve acquiring smaller utilities or partnering with other energy companies to develop regional energy infrastructure projects. Geographic expansion can diversify SJI's revenue base and reduce its reliance on a single regulatory environment. Potential:
- Energy Efficiency Programs: SJI can offer energy efficiency programs to its customers to reduce natural gas consumption and lower energy bills. These programs can include rebates for energy-efficient appliances, weatherization assistance, and energy audits. By promoting energy efficiency, SJI can reduce its environmental impact and enhance customer satisfaction. Ongoing:
- Data Analytics and Smart Grid Technologies: SJI can invest in data analytics and smart grid technologies to improve its operational efficiency and enhance customer service. These technologies can enable real-time monitoring of the natural gas distribution system, predictive maintenance, and personalized energy management tools for customers. The market for smart grid technologies is growing rapidly, driven by the need for more efficient and reliable energy delivery. Ongoing:
What Are SJIV's Competitive Advantages?
- Regulated Monopoly: Operates as a regulated utility, providing a natural monopoly in its service territories.
- Essential Service: Provides an essential service (natural gas distribution) with stable demand.
- High Barriers to Entry: Significant infrastructure investments and regulatory approvals create high barriers to entry for potential competitors.
What Does SJIV Do?
South Jersey Industries (SJI) is an energy services holding company founded to provide safe, reliable, and affordable natural gas service. The company's core business revolves around its two primary subsidiaries: South Jersey Gas (SJG) and Elizabethtown Gas (ETG). SJG serves approximately 400,000 customers across southern New Jersey, while ETG serves roughly 330,000 customers in central and northern New Jersey. These utilities are responsible for the distribution of natural gas to residential, commercial, and industrial customers. Over the years, SJI has expanded its operations beyond traditional natural gas distribution to include clean energy solutions and energy infrastructure investments. This evolution reflects a commitment to meeting the changing energy needs of its service territories while also addressing environmental concerns. SJI's strategic focus includes modernizing its infrastructure, enhancing customer service, and exploring opportunities in renewable energy sources. The company aims to provide long-term value to its shareholders by maintaining a reliable utility business and pursuing growth opportunities in the evolving energy landscape. SJI's geographic reach is primarily concentrated in New Jersey, with a growing emphasis on regional energy infrastructure projects.
What Products and Services Does SJIV Offer?
- Distributes natural gas to residential, commercial, and industrial customers in southern and central New Jersey.
- Operates and maintains natural gas distribution infrastructure, including pipelines and service lines.
- Provides energy efficiency programs and services to help customers reduce their energy consumption.
- Invests in clean energy technologies, such as renewable natural gas, to reduce carbon emissions.
- Manages energy infrastructure projects, including pipeline upgrades and expansions.
- Ensures the safe and reliable delivery of natural gas to its customers.
How Does SJIV Make Money?
- Generates revenue by distributing natural gas to customers through its regulated utility subsidiaries.
- Recovers its operating costs and earns a regulated rate of return on its investments in infrastructure.
- Passes through the cost of natural gas to customers, with regulatory oversight.
- Invests in energy efficiency programs and clean energy technologies to reduce its environmental impact.
What Industry Does SJIV Operate In?
South Jersey Industries operates within the regulated gas utility sector, a mature industry characterized by stable demand and regulated pricing. The industry is undergoing a transformation driven by environmental concerns and the transition to cleaner energy sources. Companies like SJI are investing in infrastructure modernization and exploring opportunities in renewable natural gas and other clean energy technologies. The competitive landscape includes other regulated utilities and energy companies operating in the Mid-Atlantic region. SJI's success depends on its ability to navigate regulatory changes, manage operational costs, and capitalize on growth opportunities in the evolving energy market.
Who Are SJIV's Key Customers?
- Residential customers who use natural gas for heating, cooking, and hot water.
- Commercial customers, such as businesses and institutions, that use natural gas for various purposes.
- Industrial customers who use natural gas as a fuel source or feedstock for manufacturing processes.
Company Profile
South Jersey Industries Inc operates in the Diversified Utilities industry within the Utilities sector. SJIV has traded publicly since 2021.
Key Financial Metrics
Return on equity for South Jersey Industries Inc stands at 9.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.5%, showing how much profit it generates from its asset base. SJIV trades at a trailing price-to-earnings ratio of 41.07, above the Utilities sector average of ~19x. A current ratio of 0.67 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 2.4%, the inverse of the P/E and a quick read on earnings relative to price.
SJIV Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Insiders seem to be holding steady, which suggests they aren't worried about what's coming.
- The buzz online is generally positive, with people talking about the company's long-term stability.
- There's a growing sense that utilities are a safe haven right now, and SJIV benefits from that perception.
- Recent market events seem to have reinforced the idea that reliable, dividend-paying stocks are a good bet.
Bear Case
- There's been some chatter about potential regulatory headwinds impacting their service area.
- Some community members are concerned about the company's ability to adapt to new energy technologies.
- The overall market volatility is making some people nervous about holding any stock, even a utility.
- A few bearish voices are pointing out that the company's growth potential might be limited compared to other sectors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SJIV Latest News
No recent news available for SJIV.
Common Questions About SJIV (Utilities)
What happened to South Jersey Industries Inc (SJIV) stock?
South Jersey Industries Inc (SJIV) no longer trades on public markets. It was delisted in February 2023. The figures below are historical and are not a current quote.
Can I still buy SJIV shares?
No. SJIV stopped trading on public markets in February 2023, so the shares are not available through a broker. Anything you see quoted for SJIV elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before SJIV stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to South Jersey Industries Inc. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does South Jersey Industries Inc do?
South Jersey Industries (SJI) is an energy holding company focused on delivering natural gas and clean energy solutions. Through its subsidiaries, South Jersey Gas and Elizabethtown Gas, SJI distributes natural gas to over 700,000 customers in New Jersey. The company is committed to modernizing its infrastructure, expanding into renewable natural gas, and providing energy efficiency programs. SJI aims to provide safe, reliable, and affordable energy while reducing its environmental impact.
What do analysts say about SJIV stock?
Analyst coverage of South Jersey Industries is limited, but the consensus view is generally neutral, reflecting the stability of the regulated utility business. Key valuation metrics include the P/E ratio of 19.50 and the dividend yield of 3.44%. Growth considerations include the company's infrastructure modernization projects and its expansion into clean energy initiatives. Investors should monitor regulatory developments and natural gas prices to assess the company's future performance.
What are the main risks for SJIV?
South Jersey Industries faces several risks, including regulatory changes that could affect its rates and profitability. Fluctuations in natural gas prices can impact its operating costs and margins. Increased competition from alternative energy sources, such as solar and wind, poses a long-term threat. The company is also exposed to cybersecurity risks that could disrupt its operations.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- AI analysis is pending and may provide additional insights.