New Jersey Resources Corporation (NJR)
NYSE: NJR · Real-Time Price · USD
54.74
+1.06 (1.97%)
At close: Aug 11, 2026, 4:00 PM EDT
54.80
+0.06 (0.11%)
After-hours: Aug 11, 2026, 7:34 PM EDT
New Jersey Resources Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, New Jersey Resources stock has a consensus rating of "Buy" and an average price target of $60. The average 1-year stock price forecast is 9.61% higher than the current stock price, while the lowest is $53 (-3.18%) and the highest is $64 (+16.92%).
Price Target: $60 (+9.61%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for New Jersey Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Downgrades $63 → $61 | Hold | Downgrades | $63 → $61 | +11.44% | Aug 5, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $61 → $64 | Buy | Maintains | $61 → $64 | +16.92% | Jul 14, 2026 |
| Argus Research | Argus Research | Buy Maintains $58 → $63 | Buy | Maintains | $58 → $63 | +15.09% | May 19, 2026 |
| Mizuho Securities | Mizuho Securities | Buy Maintains $54 → $61 | Buy | Maintains | $54 → $61 | +11.44% | Apr 21, 2026 |
Financial Forecast
Revenue This Year
2.19B
from 2.04B
Increased by 7.61%
Revenue Next Year
2.17B
from 2.19B
Decreased by -0.91%
EPS This Year
3.56
from 3.29
Increased by 8.21%
EPS Next Year
3.44
from 3.56
Decreased by -3.25%
EPS and Forward PE are based on non-GAAP adjusted numbers.