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NJRNJRUtilities · Utilities - Regulated Gas

NJR Stock Forecast: New Jersey Resources Corp. Price Predictions for 2026-2027

Last close, 9 Oct 2026
$51
+0.39% on the day

The 8 Wall Street analysts covering New Jersey Resources Corp. hold a median 12-month price target of $61 — +19.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 66 of 100 as at 10 Oct 2026 — in the upper half.

Market cap
$5.2B
Ticker Nerd rank
66 / 100
Median analyst target
$61
Analysts covering
8
Revenue$349.2M+16.8% y/y
Operating income$31.9M
Net income$9.7M
Free cash flow−$188.7M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−0.7%
1M
−3.3%
YTD
+14.1%
1Y
+15.5%
From 52W high
−13.9%
From 52W low
+20.4%
$43
$59
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NJR stock analysis: one number for the whole business

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.

Where the model ranks itAs at 10 Oct 2026
66 / 100

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
Value
90
Volatility
89
Momentum
75
Revisions
58
Accruals
44
Growth
35
Issuance
31
Size
22

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 quant trader with fourteen years in markets.

Wall Street

NJR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NJR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$40$45$50$55$60$65Jan 26Apr 26Jul 26Oct 26NJRHigh $63Median $61Low $53

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

What Wall Street says8 analysts
5 Buy3 Hold0 Sell
Low $53Median $61High $63

The green dot is the last close — the median target sits +19.1% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
11 Sept 2026JP MorganMaintainsOverweight$64 → $63
5 Aug 2026Wells FargoDowngradeEqual-Weight—
5 Aug 2026Wells FargoDowngradeEqual-Weight$63 → $61
12 May 2026Wells FargoInitiatesOverweight$63
12 May 2026Wells FargoInitiatesOverweight—
21 Apr 2026MizuhoMaintainsOutperform—
17 Dec 2025MizuhoUpgradeOutperform—
8 Aug 2025Raymond JamesMaintainsOutperform—
13 June 2025Raymond JamesInitiatesOutperform—
28 May 2025JP MorganMaintainsOverweight—
15 May 2025MizuhoMaintainsNeutral—
7 May 2025Wells FargoMaintainsEqual-Weight—
16 Apr 2025MizuhoMaintainsNeutral—
1 Apr 2025JefferiesInitiatesHold—
5 Feb 2025GuggenheimMaintainsNeutral—
28 Jan 2025JP MorganMaintainsOverweight—
12 Dec 2024JP MorganUpgradeOverweight—
27 Nov 2024GuggenheimMaintainsNeutral—
27 Nov 2024Wells FargoMaintainsEqual-Weight—
16 Oct 2024Wells FargoMaintainsEqual-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.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NJR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

NJR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Oct 2026, New Jersey Resources Corp. returned +15.5% against +17.3% for the S&P 500, dividends included.

NJR vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130Jan 26Apr 26Jul 26Oct 26NJRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

NJR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.3%
Analysts raising
1
Analysts cutting
1
Fundamentals

New Jersey Resources Corp. (NJR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
14.2×

Cheaper than 47% of US stocks

Price / sales
2.3×

Cheaper than 48% of US stocks

Price / book
2.0×

Cheaper than 44% of US stocks

EV / EBITDA
12.0×

Cheaper than 30% of US stocks

Growth & margins
Revenue growth (YoY)
16.8%

Higher than 65% of US stocks

Earnings growth (YoY)
16.8%

Higher than 55% of US stocks

Gross margin
27.5%

Higher than 30% of US stocks

Operating margin
9.1%

Higher than 63% of US stocks

Net margin
16.4%

Higher than 79% of US stocks

Returns & dividend
Return on equity
14.5%

Higher than 73% of US stocks

Return on assets
4.5%

Higher than 74% of US stocks

Dividend yield
3.9%

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.

Key statistics

New Jersey Resources Corp. (NJR) statistics: revenue, profit & scale

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 $5.2B and an enterprise value of $9.0B.

  • 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.

  • Shares outstanding: 101.4M.

  • Trailing P/E: 14.2×; forward P/E: 14.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 3.89%, paying out 53% of earnings.

  • New Jersey Resources Corp. employs 1,300 people — $1.7M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 9 Oct 2026

Data provided by Twelve Data

Peers

NJR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Gas
CompanyMarket capTKN rank
NJRNew Jersey Resources Corp.$5.2B
66
BIPCBrookfield Infrastructure Corp.$4.9B
44
SRSpire Inc.$4.6B
28
BKHBlack Hills Corp.$5.8B
40
OGSONE Gas, Inc.$4.5B
46
SWXSouthwest Gas Holdings, Inc.$6.1B
55
MDUMDU Resources Group, Inc.$3.8B
26

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 →

News

Latest NJR news & analysis

New Jersey Resources Raises Dividend for the 31st Consecutive Year

Business Wire · 10 Sept 2026positive

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 Sells 3,000 Shares for $167,000

The Motley Fool · 24 Aug 2026neutral

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.

NewJersey Resources Q3 Earnings Call Highlights

MarketBeat · 5 Aug 2026positive

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.

New Jersey Resources Corporation (NJR) Q3 2026 Earnings Call Transcript

Seeking Alpha · 4 Aug 2026neutral

Seeking Alpha published the transcript of New Jersey Resources Corporation's Q3 2026 earnings call.

Why it matters — The earnings call transcript provides NJR watchers with management's detailed discussion of the company's third-quarter financial results and operational performance.

New Jersey Resources (NJR) Q3 Earnings and Revenues Beat Estimates

Zacks Investment Research · 3 Aug 2026positive

New Jersey Resources (NJR) reported quarterly earnings of $0.11 per share, surpassing both the Zacks Consensus Estimate of $0.06 per share and the $0.06 per share earned in the same quarter a year ago.

Why it matters — The earnings beat signals stronger-than-expected quarterly performance, which may influence investor perception of NJR's near-term financial health.

FAQ

Frequently asked questions about NJR stock

What is the NJR stock price forecast for 2026-2027?

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.

Is NJR stock a buy right now?

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. 66 out of 100 across roughly 4,600 US stocks as at 10 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NJR?

As at 10 Oct 2026, New Jersey Resources Corp. ranks 66 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).

Will NJR stock go up?

No one can know that. What the data says: the median 12-month target from 8 analysts implies +19.1% from the last close, and Ticker Nerd's factor model ranks New Jersey Resources Corp. 66 out of 100 as at 10 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NJR stock forecast for 2030?

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.

How has NJR stock performed over the past year?

New Jersey Resources Corp. returned +15.5% over the 12 months to 9 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does New Jersey Resources Corp. do?

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.

What is the latest news on NJR?

The most recent item we track (Business Wire, 10 Sept 2026): "New Jersey Resources Raises Dividend for the 31st Consecutive Year". 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.

Company

About New Jersey Resources Corp.

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