New Jersey Resources Corporation (NJR)
NYSE: NJR · Real-Time Price · USD
45.17
-0.06 (-0.13%)
Nov 4, 2024, 4:00 PM EST - Market closed
New Jersey Resources Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for NJR stock have an average target of 49, with a low estimate of 47 and a high estimate of 51. The average target predicts an increase of 8.48% from the current stock price of 45.17.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NJR stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 4 | 4 | 4 | 2 | 2 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 2 | 2 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Wells Fargo | Wells Fargo | Hold Maintains $47 → $51 | Hold | Maintains | $47 → $51 | +12.91% | Oct 16, 2024 |
Mizuho | Mizuho | Hold Maintains $45 → $47 | Hold | Maintains | $45 → $47 | +4.05% | Sep 20, 2024 |
JP Morgan | JP Morgan | Hold Maintains $48 → $49 | Hold | Maintains | $48 → $49 | +8.48% | Aug 15, 2024 |
Mizuho | Mizuho | Hold Maintains $47 → $45 | Hold | Maintains | $47 → $45 | -0.38% | Feb 5, 2024 |
Mizuho | Mizuho | Hold Maintains $49 → $47 | Hold | Maintains | $49 → $47 | +4.05% | Nov 20, 2023 |
Financial Forecast
Revenue This Year
2.05B
from 1.96B
Increased by 4.59%
Revenue Next Year
2.09B
from 2.05B
Increased by 1.85%
EPS This Year
2.96
from 2.71
Increased by 9.29%
EPS Next Year
2.92
from 2.96
Decreased by -1.53%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.3B | 2.3B | 2.5B | ||
Avg | 2.1B | 2.1B | 2.2B | ||
Low | 1.8B | 1.8B | 1.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 15.8% | 13.7% | 17.2% | ||
Avg | 4.6% | 1.9% | 3.8% | ||
Low | -9.7% | -12.0% | -11.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.10 | 3.12 | 3.29 | ||
Avg | 2.96 | 2.92 | 3.12 | ||
Low | 2.82 | 2.78 | 2.98 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 14.3% | 5.3% | 12.7% | ||
Avg | 9.3% | -1.5% | 7.0% | ||
Low | 4.1% | -6.0% | 2.2% |
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.