New Jersey Resources Corporation (NJR) Stock Forecast
Data as of May 2, 2026Utilities · Current price $56.23 (-0.14%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| May 15, 2025 | Gabriel Moreen | Mizuho Securities | $50.00 | -11.1% |
| Apr 1, 2025 | Julien Dumoulin-Smith | New Street | $51.00 | -9.3% |
| Sep 20, 2024 | Gabriel Moreen | Mizuho Securities | $47.00 | -16.4% |
Top Analysts Covering NJR
NJR vs Sector & Market
| Metric | NJR | Utilities Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.00 | 2.63 | 2.41 |
| Analyst Count | 2 | 9 | 18 |
| Target Upside | -0.8% | +49.9% | +14.9% |
| P/E Ratio | 17.41 | -3.38 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $2.08B | $2.25B | $2.49B | 3 |
| 2026-12-31 | $575M | $606M | $627M | 1 |
| 2027-03-31 | $778M | $820M | $849M | 1 |
| 2027-06-30 | $334M | $352M | $364M | 1 |
| 2027-09-30 | $769M | $810M | $838M | 1 |
| 2027-12-31 | $588M | $619M | $641M | 1 |
| 2028-03-31 | $795M | $837M | $867M | 1 |
| 2028-06-30 | $342M | $360M | $373M | 1 |
| 2028-09-30 | $781M | $822M | $851M | 1 |
| 2029-09-30 | $2.23B | $2.38B | $2.63B | 1 |
| 2030-09-30 | $2.32B | $2.48B | $2.74B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-09-30 | $3.21 | $3.38 | $3.44 | 4 |
| 2026-12-31 | $1.09 | $1.17 | $1.22 | 1 |
| 2027-03-31 | $1.75 | $1.87 | $1.96 | 1 |
| 2027-06-30 | $0.11 | $0.12 | $0.13 | 1 |
| 2027-09-30 | $0.26 | $0.28 | $0.29 | 1 |
| 2027-12-31 | $1.19 | $1.27 | $1.33 | 1 |
| 2028-03-31 | $1.89 | $2.02 | $2.12 | 1 |
| 2028-06-30 | $0.13 | $0.14 | $0.15 | 1 |
| 2028-09-30 | $0.26 | $0.28 | $0.29 | 1 |
| 2029-09-30 | $3.57 | $3.90 | $4.43 | 1 |
| 2030-09-30 | $3.85 | $4.21 | $4.78 | 1 |
Frequently Asked Questions
What is the analyst consensus for NJR?
The consensus among 2 analysts covering New Jersey Resources Corporation (NJR) is Buy with an average price target of $55.75.
What is the highest price target for NJR?
The highest price target for NJR is $51.00, set by Julien Dumoulin-Smith at New Street on 2025-04-01.
What is the lowest price target for NJR?
The lowest price target for NJR is $47.00, set by Gabriel Moreen at Mizuho Securities on 2024-09-20.
How many analysts cover NJR?
2 analysts have issued ratings for New Jersey Resources Corporation in the past 12 months.
Is NJR a buy or sell right now?
Based on 2 analyst ratings, NJR has a consensus rating of Buy (2.00/5) with a -0.8% upside to the consensus target of $55.75.
What are the earnings estimates for NJR?
Analysts estimate NJR will report EPS of $3.38 for the period ending 2026-09-30, with revenue estimated at $2.25B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.