New Jersey Resources Corporation (NJR)
NYSE: NJR · Real-Time Price · USD
46.26
-0.79 (-1.68%)
At close: Sep 8, 2025, 4:00 PM
46.26
0.00 (0.00%)
After-hours: Sep 8, 2025, 7:00 PM EDT

New Jersey Resources Stock Forecast

Stock Price Forecast

The 6 analysts that cover New Jersey Resources stock have a consensus rating of "Hold" and an average price target of $51.5, which forecasts a 11.33% increase in the stock price over the next year. The lowest target is $50 and the highest is $54.

Price Target: $51.5 (+11.33%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$50$51.5$51$54
Change+8.08%+11.33%+10.25%+16.73%
* Price targets were last updated on Aug 8, 2025.

Analyst Ratings

The average analyst rating for New Jersey Resources stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingApr '25May '25Jun '25Jul '25Aug '25Sep '25
Strong Buy000000
Buy112222
Hold444444
Sell000000
Strong Sell000000
Total556666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Raymond James
Raymond James
Buy
Maintains
$49$50
BuyMaintains$49$50+8.08%Aug 8, 2025
Raymond James
Raymond James
Buy
Initiates
$49
BuyInitiates$49+5.92%Jun 13, 2025
JP Morgan
JP Morgan
Buy
Maintains
$56$51
BuyMaintains$56$51+10.25%May 28, 2025
Mizuho
Mizuho
Hold
Maintains
$52$50
HoldMaintains$52$50+8.08%May 15, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$51$53
HoldMaintains$51$53+14.57%May 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.96B
from 1.80B
Increased by 9.27%
Revenue Next Year
2.01B
from 1.96B
Increased by 2.24%
EPS This Year
3.24
from 2.92
Increased by 10.85%
EPS Next Year
3.18
from 3.24
Decreased by -1.67%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingSep 30, 2020Sep 30, 2021Sep 30, 2022Sep 30, 2023Sep 30, 2024Sep 30, 2025Sep 30, 2026
Revenue
1.95B2.16B2.91B1.96B1.80B1.96B2.01B
Revenue Growth
-24.63%10.39%34.75%-32.45%-8.48%9.27%2.24%
EPS
1.711.222.852.712.923.243.18
EPS Growth
23.91%-28.66%133.61%-4.91%7.75%10.85%-1.67%
Forward PE
-----14.2914.54
No. Analysts
-----99
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High2.1B2.2B
Avg2.0B2.0B
Low1.8B1.9B

Revenue Growth

Revenue Growth20252026202720282029
High
17.6%
9.7%
Avg
9.3%
2.2%
Low
0.8%
-4.1%

EPS Forecast

EPS20252026202720282029
High3.613.46
Avg3.243.18
Low2.963.03

EPS Growth

EPS Growth20252026202720282029
High
23.7%
7.0%
Avg
10.8%
-1.7%
Low
1.5%
-6.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.