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NJR Stock Forecast: New Jersey Resources Corporation Price Predictions for 2025

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$47.28

-0.70 (-1.46%)

NJR Stock Forecast 2025-2026

$47.28
Current Price
$4.75B
Market Cap
9 Ratings
Buy 4
Hold 5
Sell 0
Wall St Analyst Ratings

Distance to NJR Price Targets

+26.9%
To High Target of $60.00
+12.1%
To Median Target of $53.00
+1.5%
To Low Target of $48.00

NJR Price Momentum

-3.7%
1 Week Change
-1.1%
1 Month Change
+6.7%
1 Year Change
+1.4%
Year-to-Date Change
-9.0%
From 52W High of $51.95
+13.7%
From 52W Low of $41.58
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Latest NJR Stock Price Targets & Analyst Predictions

Based on our analysis of 8 Wall Street analysts, NJR has a neutral consensus with a median price target of $53.00 (ranging from $48.00 to $60.00). The overall analyst rating is Buy (7.6/10). Currently trading at $47.28, the median forecast implies a 12.1% upside. This outlook is supported by 4 Buy, 5 Hold, and 0 Sell ratings.

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

4
Buy
5
Hold
0
Sell

NJR Price Target Range

Low
$48.00
Average
$53.00
High
$60.00
Current: $47.28

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
May 7, 2025 Wells Fargo Sarah Akers Equal-Weight Maintains $53.00
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
Apr 24, 2023 Guggenheim Shahriar Pourreza Neutral Maintains $47.00
Feb 7, 2023 Mizuho Gabriel Moreen Neutral Maintains $51.00
Jan 10, 2023 Wells Fargo Sarah Akers Equal-Weight Maintains $50.00
Jan 9, 2023 JP Morgan Richard Sunderland Underweight Maintains $46.00
Nov 18, 2022 Wells Fargo Sarah Akers Equal-Weight Maintains $45.00
Nov 18, 2022 Mizuho Gabriel Moreen Neutral Maintains $46.00

New Jersey Resources Corporation (NJR) Competitors

The following stocks are similar to NJR 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 $4.75B with a P/E ratio of 11.5x. The company generates $2.07B in trailing twelve-month revenue with a 20.0% profit margin.

Revenue growth is +23.0% quarter-over-quarter, while maintaining an operating margin of -7.5% and return on equity of +17.8%.

Valuation Metrics

Market Cap $4.75B
Enterprise Value $8.27B
P/E Ratio 11.5x
PEG Ratio 16.4x
Price/Sales 2.3x

Growth & Margins

Revenue Growth (YoY) +23.0%
Gross Margin +41.2%
Operating Margin -7.5%
Net Margin +20.0%
EPS Growth +38.8%

Financial Health

Cash/Price Ratio 0.0%
Current Ratio 0.9x
Debt/Equity 1.4x
ROE +17.8%
ROA +5.1%
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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 energy services in natural gas and clean energy.

Business Model

The company operates as a regulated natural gas distributor, serving residential, commercial, and industrial customers in New Jersey. It generates revenue through natural gas distribution, transportation, storage, and energy retail services, while also expanding its portfolio with solar energy initiatives.

Additional Information

New Jersey Resources Corporation plays a vital role in supporting local energy needs and contributing to regional economic growth. Its dual focus on traditional energy markets and clean energy solutions positions it well for future growth as the energy landscape shifts towards sustainability.

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

Featured Analysis
Powered by Zacks Investment Research

New Jersey Resources (NJR) Tops Q2 Earnings and Revenue Estimates

New Jersey Resources (NJR) delivered earnings and revenue surprises of 6.67% and 24.78%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

May 05, 2025 By Zacks Equity Research Tale of the Tape

Latest News

NJR stock latest news image
Quick Summary

New Jersey Resources Corporation (NYSE:NJR) will hold its Q2 2025 Earnings Conference Call on May 6, 2025, at 10:00 AM ET. Key executives will participate in the call.

Why It Matters

The scheduled earnings call for New Jersey Resources Corporation allows investors to gauge financial performance and strategic direction, influencing stock valuation and investment decisions.

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

New Jersey Resources Corporation (NYSE: NJR) reported Q2 fiscal 2025 net income of $204.3 million ($2.04/share), up from $120.8 million ($1.23/share) in Q2 fiscal 2024. NFE was $178.3 million ($1.78/share).

Why It Matters

New Jersey Resources' strong Q2 results show significant income growth, indicating improved profitability and financial health, which could positively impact investor confidence and stock performance.

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

New Jersey Resources (NJR) reported Q4 earnings of $1.76 per share, surpassing the Zacks estimate of $1.65 and up from $1.40 per share year-over-year.

Why It Matters

NJR's earnings beat estimates and show year-over-year growth, indicating strong performance and potential for future profitability, which can boost investor confidence and stock value.

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

New Jersey Resources (NJR) is expected to report earnings that may exceed forecasts, driven by favorable conditions. Investors should prepare for the upcoming report.

Why It Matters

NJR's potential earnings beat suggests strong financial performance, which could lead to a positive stock price reaction and increased investor confidence.

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

New Jersey Natural Gas opened the SAVEGREENยฎ Innovation and Training Annex in Atlantic Highlands, focusing on energy efficiency and workforce development in partnership with Isles, Inc.

Why It Matters

NJNG's new facility highlights its commitment to innovation and workforce development, potentially boosting operational efficiency and attracting investment in sustainable energy initiatives.

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

New Jersey Resources (NJR) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects.

Why It Matters

NJR's upgrade to a Zacks Rank #2 signals increased earnings potential, likely boosting investor confidence and driving stock demand upward.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About NJR Stock

What is New Jersey Resources Corporation's (NJR) stock forecast for 2025?

Based on our analysis of 8 Wall Street analysts, New Jersey Resources Corporation (NJR) has a median price target of $53.00. The highest price target is $60.00 and the lowest is $48.00.

Is NJR stock a good investment in 2025?

According to current analyst ratings, NJR has 4 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $47.28. 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 12.1% increase from the current price of $47.28. 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 a regulated natural gas distributor, serving residential, commercial, and industrial customers in New Jersey. It generates revenue through natural gas distribution, transportation, storage, and energy retail services, while also expanding its portfolio with solar energy initiatives.

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

The highest price target for NJR is $60.00 from at , which represents a 26.9% increase from the current price of $47.28.

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

Price targets from Wall Street analysts for NJR are not currently available. The stock is trading at $47.28.

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

The overall analyst consensus for NJR is neutral. Out of 8 Wall Street analysts, 4 rate it as Buy, 5 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: May 12, 2025 4:25 AM UTC
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