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NJR Stock Forecast: New Jersey Resources Corporation Price Predictions for 2026

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$46.69

+0.22 (0.47%)

NJR Stock Forecast 2026-2027

$46.69
Current Price
$4.70B
Market Cap
8 Ratings
Buy 7
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to NJR Price Targets

+30.6%
To High Target of $61.00
+13.5%
To Median Target of $53.00
+9.2%
To Low Target of $51.00

NJR Price Momentum

+1.9%
1 Week Change
+1.9%
1 Month Change
+2.3%
1 Year Change
+1.2%
Year-to-Date Change
-8.0%
From 52W High of $50.77
+7.4%
From 52W Low of $43.46
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Latest NJR Stock Price Targets & Analyst Predictions

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.

NJR Analyst Ratings

7
Buy
1
Hold
0
Sell

NJR Price Target Range

Low
$51.00
Average
$53.00
High
$61.00
Current: $46.69

Latest NJR Stock Forecasts by Analyst

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

New Jersey Resources Corporation (NJR) Competitors

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 (NJR) Financial Data

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%.

Valuation Metrics

Market Cap $4.70B
Enterprise Value $8.47B
P/E Ratio 14.0x
PEG Ratio -0.2x
Price/Sales 2.3x

Growth & Margins

Revenue Growth (YoY) +23.0%
Gross Margin +27.4%
Operating Margin -7.5%
Net Margin +16.5%
EPS Growth -15.1%

Financial Health

Cash/Price Ratio N/A
Current Ratio 0.7x
Debt/Equity 1.6x
ROE +14.6%
ROA +3.9%
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New Jersey Resources Corporation logo

New Jersey Resources Corporation (NJR) Business Model

About New Jersey Resources Corporation

What They Do

Provides natural gas and clean energy services.

Business Model

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.

Additional Information

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.

Company Information

Sector

Utilities

Industry

Utilities - Regulated Gas

Employees

1,372

CEO

Mr. Stephen D. Westhoven

Country

United States

IPO Year

1987

New Jersey Resources Corporation (NJR) Latest News & Analysis

Latest News

NJR stock latest news image
Quick Summary

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.

Why It Matters

Upcoming financial results can influence stock prices. Investors will assess performance indicators, earnings, and future guidance during the webcast, impacting investment decisions.

Source: Business Wire
Market Sentiment: Neutral
NJR stock latest news image
Quick Summary

As of November 24, 2025, two utility sector stocks are signaling potential caution for momentum-focused investors.

Why It Matters

The warning signals for these utilities stocks suggest potential declines in momentum, which could lead to underperformance and increased risk for momentum-focused investors.

Source: Benzinga
Market Sentiment: Negative
NJR stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Seeking Alpha
Market Sentiment: Neutral
NJR stock latest news image
Quick Summary

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).

Why It Matters

New Jersey Resources Corporation's increased net income and earnings per share indicate strong financial performance, potentially boosting investor confidence and stock valuation.

Source: Business Wire
Market Sentiment: Neutral
NJR stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Zacks Investment Research
Market Sentiment: Positive
NJR stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About NJR Stock

What is New Jersey Resources Corporation's (NJR) stock forecast for 2026?

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.

Is NJR stock a good investment in 2026?

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.

What is the long-term price prediction for NJR stock?

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.

What is New Jersey Resources Corporation's business model?

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.

What is the highest forecasted price for NJR New Jersey Resources Corporation?

The highest price target for NJR is $61.00 from at , which represents a 30.6% increase from the current price of $46.69.

What is the lowest forecasted price for NJR New Jersey Resources Corporation?

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.

What is the overall NJR consensus from analysts for New Jersey Resources Corporation?

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.

How accurate are NJR stock price projections?

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.

Important Disclaimer

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.

Last updated: January 13, 2026 4:03 AM UTC
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