NJR Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

546.90M

+11.99%

1.025

-20.54%

797.80M

-12.62%

1.673

-6.04%

350.40M

+17.21%

0.058

-4.17%

Estimates Revision

The market is revising Upward the revenue expectations for New Jersey Resources Corporation (NJR) for FY2026, with the revenue forecasts being adjusted by 10.79% over the past three months. During the same period, the stock price has changed by 1.00%.

Revenue Estimates for FY2026

Revise Upward

+10.79%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+0.46%

In Past 3 Month

Stock Price

Go Up

+1.00%

In Past 3 Month

2 Analyst Rating

Wall Street analysts forecast NJR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NJR is 52.00 USD with a low forecast of 51.00 USD and a high forecast of 53.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

1 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

51.00

Averages

52.00

High

53.00

Current: 0.000

Low

51.00

Averages

52.00

High

53.00

Mizuho

Neutral -> Outperform

upgrade

$51 -> $54

2025-12-17

Reason

Mizuho

Price Target

$51 -> $54

2025-12-17

upgrade

Neutral -> Outperform

Reason

Mizuho upgraded New Jersey Resources to Outperform from Neutral with a price target of $54, up from $51. The firm cites the company's "attractive valuation and strong fundamentals" for the upgrade. New Jersey Resources trades at a 23% discount to peers on 2028 consensus estimates, compared to an average discount of 8% over the past five years, the analyst tells investors in a research note. The firm says the company's "strong" balance sheet, minimal equity needs and potential near-term earnings upside from natural gas market volatility are positives.

Raymond James

Outperform

maintain

$50 -> $53

2025-11-20

Reason

Raymond James

Price Target

$50 -> $53

2025-11-20

maintain

Outperform

Reason

Raymond James raised the firm's price target on New Jersey Resources to $53 from $50 and keeps an Outperform rating on the shares. The firm is constructive on New Jersey Resources' ability to differentiate itself among steadier gas utilities through its core New Jersey Natural Gas utility, along with regulated midstream assets, and key unregulated businesses. While this business mix does have its doubters, the company has consistently performed well and runs a quality financial model, operating at a peer-leading 18%-20% FFO-to-debt ratio and regularly funding capex without material dilution, the analyst tells investors in a research note.

Raymond James

Outperform

maintain

$49 -> $50

2025-08-08

Reason

Raymond James

Price Target

$49 -> $50

2025-08-08

maintain

Outperform

Reason

Raymond James raised the firm's price target on New Jersey Resources to $50 from $49 and keeps an Outperform rating on the shares. Raymond James is constructive on New Jersey Resources' ability to differentiate itself among steadier gas utility players through its core New Jersey Natural Gas utility, surrounded by unregulated businesses, the analyst tells investors in a research note. New Jersey Resources has consistently performed well and runs a quality financial model, the firm adds.

Raymond James

Outperform

initiated

$49

2025-06-13

Reason

Raymond James

Price Target

$49

2025-06-13

initiated

Outperform

Reason

Raymond James initiated coverage of New Jersey Resources with an Outperform rating and $49 price target. The firm is constructive on New Jersey Resources' ability to differentiate itself among steadier gas utility players through its well-run core New Jersey Natural Gas utility, while New Jersey Resources has consistently performed well and runs a quality financial model, the analyst tells investors in a research note. Despite a relatively larger spending program, this is not a "growth equity" story, the firm argues, contending that the company's financial model is working "incredibly well."

Raymond James

J.R. Weston

initiated

$49

2025-06-12

Reason

Raymond James

J.R. Weston

Price Target

$49

2025-06-12

initiated

Reason

Raymond James analyst J.R. Weston initiated coverage of New Jersey Resources with an Outperform rating and $49 price target.

JPMorgan

Overweight -> NULL

downgrade

$56 -> $51

2025-05-28

Reason

JPMorgan

Price Target

$56 -> $51

2025-05-28

downgrade

Overweight -> NULL

Reason

JPMorgan lowered the firm's price target on New Jersey Resources to $51 from $56 and keeps an Overweight rating on the shares. The firm updated models in the North American utilities group.

Valuation Metrics

The current forward P/E ratio for New Jersey Resources Corp (NJR.N) is 14.70, compared to its 5-year average forward P/E of 16.64. For a more detailed relative valuation and DCF analysis to assess New Jersey Resources Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

16.64

Current PE

14.70

Overvalued PE

18.76

Undervalued PE

14.53

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

12.80

Current EV/EBITDA

12.05

Overvalued EV/EBITDA

13.97

Undervalued EV/EBITDA

11.62

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

1.92

Current PS

2.10

Overvalued PS

2.24

Undervalued PS

1.60

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 181.37% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 112.67% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 181.37% over the last month.

Sold

Bought

NJR News & Events

Events Timeline

No data

News

8.0

2025-12-10NASDAQ.COM

Upcoming Ex-Dividend Dates for New Jersey Resources, Acadian Asset Management, and United Bankshares

2.0

2025-11-24Benzinga

Two Utility Stocks at Risk of Significant Decline This Quarter

3.0

2025-11-20NASDAQ.COM

New Jersey Resources to Hold Q4 2025 Earnings Conference Call at 10:00 AM ET

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Frequently Asked Questions

What is New Jersey Resources Corp (NJR) stock price today?

The current price of NJR is 46.47 USD — it has decreased -0.21 % in the last trading day.

What is New Jersey Resources Corp (NJR)'s business?

New Jersey Resources Corporation, through its subsidiaries, provides natural gas and clean energy services. Its New Jersey Natural Gas business operates and maintains natural gas transportation and distribution infrastructure. Its Clean Energy Ventures business invests in, owns and operates solar projects. Its Energy Services business manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions. Its Storage and Transportation business serves customers from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River Storage and the Adelphia Gateway Pipeline, as well as its 50% equity ownership in the Steckman Ridge natural gas storage facility. Its Home Services business provides service plans, installation and repair of heating, central air conditioning, water heaters, standby generators, and other indoor and outdoor comfort products.

What is the price predicton of NJR Stock?

What is New Jersey Resources Corp (NJR)'s revenue for the last quarter?

New Jersey Resources Corp revenue for the last quarter amounts to 336.08M USD, decreased -15.08 % YoY.

What is New Jersey Resources Corp (NJR)'s earnings per share (EPS) for the last quarter?

New Jersey Resources Corp. EPS for the last quarter amounts to 0.15 USD, decreased -83.70 % YoY.

What changes have occurred in the market's expectations for New Jersey Resources Corp (NJR)'s fundamentals?

How many employees does New Jersey Resources Corp (NJR). have?

New Jersey Resources Corp (NJR) has 1376 emplpoyees as of January 10 2026.

What is New Jersey Resources Corp (NJR) market cap?

Today NJR has the market capitalization of 4.68B USD.