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Home โบ Stocks โบ New Jersey Resources Corporation (NJR) Stock Forecast & Price Prediction United States | NYSE | Utilities | Utilities - Regulated Gas
$46.69
+0.22 (0.47%)Did NJR Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if New Jersey Resources is one of their latest high-conviction picks.
Based on our analysis of 9 Wall Street analysts, NJR has a bullish consensus with a median price target of $53.00 (ranging from $51.00 to $61.00). The overall analyst rating is N/A (N/A/10). Currently trading at $46.69, the median forecast implies a 13.5% upside. This outlook is supported by 7 Buy, 1 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Richard Sunderland at JP Morgan, suggesting a 9.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for NJR.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 17, 2025 | Mizuho | Gabriel Moreen | Outperform | Upgrade | $54.00 |
| Aug 8, 2025 | Raymond James | J.R. Weston | Outperform | Maintains | $50.00 |
| Jun 13, 2025 | Raymond James | J.R. Weston | Outperform | Initiates | $49.00 |
| May 28, 2025 | JP Morgan | Richard Sunderland | Overweight | Maintains | $51.00 |
| May 15, 2025 | Mizuho | Gabriel Moreen | Neutral | Maintains | $50.00 |
| May 7, 2025 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $53.00 |
| Apr 16, 2025 | Mizuho | Neutral | Maintains | $N/A | |
| Apr 1, 2025 | Jefferies | Julien Dumoulin-Smith | Hold | Initiates | $51.00 |
| Feb 5, 2025 | Guggenheim | Shahriar Pourreza | Neutral | Maintains | $54.00 |
| Jan 28, 2025 | JP Morgan | Richard Sunderland | Overweight | Maintains | $52.00 |
| Dec 12, 2024 | JP Morgan | Richard Sunderland | Overweight | Upgrade | $54.00 |
| Nov 27, 2024 | Guggenheim | Shahriar Pourreza | Neutral | Maintains | $49.00 |
| Nov 27, 2024 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $54.00 |
| Oct 16, 2024 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $51.00 |
| Sep 20, 2024 | Mizuho | Gabriel Moreen | Neutral | Maintains | $47.00 |
| Aug 15, 2024 | JP Morgan | Richard Sunderland | Neutral | Maintains | $49.00 |
| Feb 5, 2024 | Mizuho | Gabriel Moreen | Neutral | Maintains | $45.00 |
| Nov 20, 2023 | Mizuho | Gabriel Moreen | Neutral | Maintains | $47.00 |
| Sep 21, 2023 | JP Morgan | Neutral | Upgrade | $46.00 | |
| Aug 4, 2023 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $47.00 |
The following stocks are similar to New Jersey Resources based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
New Jersey Resources Corporation has a market capitalization of $4.70B with a P/E ratio of 14.0x. The company generates $2.04B in trailing twelve-month revenue with a 16.5% profit margin.
Revenue growth is +23.0% quarter-over-quarter, while maintaining an operating margin of -7.5% and return on equity of +14.6%.
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Provides natural gas and clean energy services.
The company operates as an energy services holding company, generating revenue primarily through regulated natural gas distribution to a diverse customer base in New Jersey. Additionally, it earns income from natural gas transportation, storage, energy retail, and solar energy initiatives, effectively leveraging both traditional and clean energy markets.
New Jersey Resources Corporation plays a vital role in regional economic growth by ensuring reliable energy supply and addressing local energy needs. Its strategic involvement in sustainable energy solutions positions it favorably amid the ongoing transition towards cleaner energy alternatives.
Utilities
Utilities - Regulated Gas
1,372
Mr. Stephen D. Westhoven
United States
1987
New Jersey Resources (NYSE: NJR) will release Q1 fiscal 2026 financial results on February 2, 2026, after market close, with a live webcast on February 3 at 10 a.m. ET.
Upcoming financial results can influence stock prices. Investors will assess performance indicators, earnings, and future guidance during the webcast, impacting investment decisions.
As of November 24, 2025, two utility sector stocks are signaling potential caution for momentum-focused investors.
The warning signals for these utilities stocks suggest potential declines in momentum, which could lead to underperformance and increased risk for momentum-focused investors.
New Jersey Resources Corporation (NJR) will hold its Q4 2025 earnings call on November 20, 2025, at 10:00 AM EST, featuring key company executives and analysts.
The Q4 earnings call for New Jersey Resources Corporation offers insights into the company's financial health and future outlook, crucial for assessing investment potential and market confidence.
New Jersey Resources Corporation reported FY 2025 net income of $335.6 million ($3.35/share), up from $289.8 million ($2.94/share) in FY 2024. Consolidated net financial earnings were $329.6 million ($3.29/share).
New Jersey Resources Corporation's increased net income and earnings per share indicate strong financial performance, potentially boosting investor confidence and stock valuation.
New Jersey Resources (NJR) reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.15. This is a decrease from $0.89 per share in the same quarter last year.
NJR's earnings beat expectations, indicating potential operational strength. However, the significant drop from last year's earnings may raise concerns about long-term profitability.
New Jersey Resources offers a 4% yield with stable EPS and dividend growth supported by its regulated gas business, despite challenges in its clean energy segment.
New Jersey Resources' 4% yield and stable core business amidst regulatory challenges highlight its potential for consistent returns, appealing to income-focused investors despite clean energy uncertainties.
Based on our analysis of 9 Wall Street analysts, New Jersey Resources Corporation (NJR) has a median price target of $53.00. The highest price target is $61.00 and the lowest is $51.00.
According to current analyst ratings, NJR has 7 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $46.69. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict NJR stock could reach $53.00 in the next 12 months. This represents a 13.5% increase from the current price of $46.69. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates as an energy services holding company, generating revenue primarily through regulated natural gas distribution to a diverse customer base in New Jersey. Additionally, it earns income from natural gas transportation, storage, energy retail, and solar energy initiatives, effectively leveraging both traditional and clean energy markets.
The highest price target for NJR is $61.00 from at , which represents a 30.6% increase from the current price of $46.69.
The lowest price target for NJR is $51.00 from Richard Sunderland at JP Morgan, which represents a 9.2% increase from the current price of $46.69.
The overall analyst consensus for NJR is bullish. Out of 9 Wall Street analysts, 7 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $53.00.
Stock price projections, including those for New Jersey Resources Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.