NJRUtilities · Utilities - Regulated GasThe 8 Wall Street analysts covering New Jersey Resources Corp. hold a median 12-month price target of $61 — +14.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 70 of 100 as at 31 Oct 2026 — in the upper half. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores New Jersey Resources Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Quality (91): The business earns solid, repeatable profits on what it owns.
Issuance (31): The company has been issuing shares or taking on financing, diluting existing holders.
Size (22): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on NJR, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +14.6% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 11 Sept 2026 | JP Morgan | Maintains | Overweight | $64 → $63 |
| 5 Aug 2026 | Wells Fargo | Downgrade | Equal-Weight | — |
| 5 Aug 2026 | Wells Fargo | Downgrade | Equal-Weight | $63 → $61 |
| 12 May 2026 | Wells Fargo | Initiates | Overweight | $63 |
| 12 May 2026 | Wells Fargo | Initiates | Overweight | — |
| 21 Apr 2026 | Mizuho | Maintains | Outperform | — |
| 17 Dec 2025 | Mizuho | Upgrade | Outperform | — |
| 8 Aug 2025 | Raymond James | Maintains | Outperform | — |
| 13 June 2025 | Raymond James | Initiates | Outperform | — |
| 28 May 2025 | JP Morgan | Maintains | Overweight | — |
| 15 May 2025 | Mizuho | Maintains | Neutral | — |
| 7 May 2025 | Wells Fargo | Maintains | Equal-Weight | — |
| 16 Apr 2025 | Mizuho | Maintains | Neutral | — |
| 1 Apr 2025 | Jefferies | Initiates | Hold | — |
| 5 Feb 2025 | Guggenheim | Maintains | Neutral | — |
| 28 Jan 2025 | JP Morgan | Maintains | Overweight | — |
| 12 Dec 2024 | JP Morgan | Upgrade | Overweight | — |
| 27 Nov 2024 | Guggenheim | Maintains | Neutral | — |
| 27 Nov 2024 | Wells Fargo | Maintains | Equal-Weight | — |
| 16 Oct 2024 | Wells Fargo | Maintains | Equal-Weight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
NJR appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, New Jersey Resources Corp. returned +23.3% against +12.4% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 46% of US stocks
Cheaper than 46% of US stocks
Cheaper than 42% of US stocks
Cheaper than 30% of US stocks
Higher than 65% of US stocks
Higher than 56% of US stocks
Higher than 30% of US stocks
Higher than 63% of US stocks
Higher than 79% of US stocks
Higher than 73% of US stocks
Higher than 74% of US stocks
Higher than 90% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
New Jersey Resources Corp. has a market value of $5.4B and an enterprise value of $9.2B.
Revenue in the twelve months to 30 June 2026: $2.2B. The latest quarter grew 16.8% year on year.
Net income over the same four quarters: $366.2M, a 16.4% net margin.
Diluted earnings per share, trailing twelve months: $3.62.
Free cash flow in the twelve months to 30 June 2026: −$156.4M, after $815.4M of capital spending.
New Jersey Resources Corp. spent $188.7M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 14.9×; forward P/E: 15.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 3.73%, paying out 53% of earnings.
New Jersey Resources Corp. employs 1,300 people — $1.7M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own New Jersey Resources Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
New Jersey Resources scheduled its fiscal 2026 fourth-quarter and year-end earnings call for 10 a.m. ET on November 19, 2026.
Why it matters — NJR watchers can note the scheduled time to hear the company’s fiscal 2026 fourth-quarter and year-end results.
Zacks Investment Research says New Jersey Resources has a history of earnings surprises and currently has two key factors it views as supporting a likely beat in the next quarterly report.
Why it matters — NJR watchers may note the article’s favorable assessment of the company’s earnings-beat prospects ahead of its next quarterly report.
New Jersey Resources Corporation's board unanimously approved raising its quarterly dividend to $0.50 per share, up from $0.475, effective with the dividend payable October 1, 2026. This marks the company's 31st consecutive year of dividend increases, with a new annual rate of $2.00 per share.
Why it matters — For NJR shareholders, this marks another consecutive annual dividend increase, extending a payment streak that has continued since the company's inception in 1952, reinforcing the company's income reliability.
New Jersey Resources' COO sold 3,000 shares of the company, generating roughly $167,000 in proceeds. The shares were held directly, and the insider reported no indirect ownership in the filing.
Why it matters — Insider transactions are tracked by NJR watchers as a signal of management sentiment toward the stock, so this reported sale is noteworthy.
New Jersey Resources tightened its fiscal 2026 net financial earnings per share guidance after reporting higher third-quarter earnings. The improvement was attributed to stronger contributions from its Clean Energy Ventures and Storage and Transportation businesses.
Why it matters — A NJR watcher would care because the company confirmed improved performance and narrowed its earnings outlook for the fiscal year.
The 8 Wall Street analysts covering New Jersey Resources Corp. have a median 12-month price target of $61, with estimates ranging from $53 to $63. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 8 analysts covering New Jersey Resources Corp., 5 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks New Jersey Resources Corp. 70 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Oct 2026, New Jersey Resources Corp. ranks 70 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (91 of 100).
No one can know that. What the data says: the median 12-month target from 8 analysts implies +14.6% from the last close, and Ticker Nerd's factor model ranks New Jersey Resources Corp. 70 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering New Jersey Resources Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NJR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $53 to $63 over the next 12 months.
New Jersey Resources Corp. returned +23.3% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
New Jersey Resources Corporation is a diversified energy infrastructure and energy services company headquartered in Wall, New Jersey. New Jersey Resources provides regulated natural gas distribution through its principal utility, serving residential, commercial, and industrial customers in New Jersey.
The most recent item we track (Business Wire, 29 Oct 2026): "New Jersey Resources Schedules Fiscal 2026 Fourth Quarter and Year-End Earnings Call". New Jersey Resources scheduled its fiscal 2026 fourth-quarter and year-end earnings call for 10 a.m. ET on November 19, 2026.
New Jersey Resources Corporation is a diversified energy infrastructure and energy services company headquartered in Wall, New Jersey. New Jersey Resources provides regulated natural gas distribution through its principal utility, serving residential, commercial, and industrial customers in New Jersey. The company also operates in clean energy ventures, energy services, and storage and transportation, giving it a role across both traditional utility operations and broader energy market infrastructure. Its business mix includes natural gas delivery, capacity and storage management, wholesale energy services, and investments in clean energy projects. Through these segments, New Jersey Resources supports essential energy supply, transportation, and service functions for communities and businesses, while maintaining a position in the regulated and unregulated parts of the energy market.
CEO Mr. Stephen D. Westhoven · 1,300 employees · United States · https://www.njresources.com
