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NYSE: NJR
New Jersey Resources Corp Stock Forecast, Predictions & Price Target

Analyst price target for NJR

Based on 2 analysts offering 12 month price targets for New Jersey Resources Corp.
Min Forecast
$47.00+2.4%
Avg Forecast
$48.00+4.58%
Max Forecast
$49.00+6.75%

Should I buy or sell NJR stock?

Based on 2 analysts offering ratings for New Jersey Resources Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NJR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-09-20
lockedlocked$00.00+00.00%2024-08-15

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Forecast return on equity

Is NJR forecast to generate an efficient return?
Company
14.02%
Industry
11.21%
Market
52.22%
NJR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NJR forecast to generate an efficient return on assets?
Company
4.43%
Industry
3.81%
NJR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NJR earnings per share forecast

What is NJR's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.89+20.42%
Avg 2 year Forecast
$3.03+26.25%
NJR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NJR revenue forecast

What is NJR's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.8B+6.38%
Avg 2 year Forecast
$1.9B+9.04%
NJR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NJR earnings growth forecast

How is NJR forecast to perform vs Utilities - Regulated Gas companies and vs the US market?
Company
12.36%
Industry
10.14%
Market
20.02%
NJR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NJR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NJR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NJR revenue growth forecast

How is NJR forecast to perform vs Utilities - Regulated Gas companies and vs the US market?
Company
4.42%
Industry
7.89%
Market
8.61%
NJR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NJR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NJR vs Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
NJR$45.90$48.00+4.58%Hold
OGS$73.43$68.75-6.37%Hold
UGI$24.16$27.00+11.75%Hold
SWX$73.83$74.00+0.23%Hold
SR$65.12$66.36+1.90%Hold

New Jersey Resources Stock Forecast FAQ

Is New Jersey Resources Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: NJR) stock is to Hold NJR stock.

Out of 2 analysts, 0 (0%) are recommending NJR as a Strong Buy, 0 (0%) are recommending NJR as a Buy, 2 (100%) are recommending NJR as a Hold, 0 (0%) are recommending NJR as a Sell, and 0 (0%) are recommending NJR as a Strong Sell.

If you're new to stock investing, here's how to buy New Jersey Resources stock.

What is NJR's earnings growth forecast for 2025-2026?

(NYSE: NJR) New Jersey Resources's forecast annual earnings growth rate of 12.36% is forecast to beat the US Utilities - Regulated Gas industry's average forecast earnings growth rate of 10.14%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.02%.

New Jersey Resources's earnings in 2024 is $235,673,000.On average, 2 Wall Street analysts forecast NJR's earnings for 2025 to be $286,594,260, with the lowest NJR earnings forecast at $284,610,909, and the highest NJR earnings forecast at $288,577,611.

In 2026, NJR is forecast to generate $300,477,719 in earnings, with the lowest earnings forecast at $300,477,719 and the highest earnings forecast at $300,477,719.

What is NJR's revenue growth forecast for 2025-2026?

(NYSE: NJR) New Jersey Resources's forecast annual revenue growth rate of 4.42% is not forecast to beat the US Utilities - Regulated Gas industry's average forecast revenue growth rate of 7.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.61%.

New Jersey Resources's revenue in 2024 is $1,732,084,000.On average, 1 Wall Street analysts forecast NJR's revenue for 2025 to be $182,726,153,426, with the lowest NJR revenue forecast at $182,726,153,426, and the highest NJR revenue forecast at $182,726,153,426.

In 2026, NJR is forecast to generate $187,286,869,695 in revenue, with the lowest revenue forecast at $187,286,869,695 and the highest revenue forecast at $187,286,869,695.

What is NJR's forecast return on assets (ROA) for 2025-2026?

(NYSE: NJR) forecast ROA is 4.43%, which is higher than the forecast US Utilities - Regulated Gas industry average of 3.81%.

What is NJR's Price Target?

According to 2 Wall Street analysts that have issued a 1 year NJR price target, the average NJR price target is $48.00, with the highest NJR stock price forecast at $49.00 and the lowest NJR stock price forecast at $47.00.

On average, Wall Street analysts predict that New Jersey Resources's share price could reach $48.00 by Sep 20, 2025. The average New Jersey Resources stock price prediction forecasts a potential upside of 4.58% from the current NJR share price of $45.90.

What is NJR's Earnings Per Share (EPS) forecast for 2025-2026?

(NYSE: NJR) New Jersey Resources's current Earnings Per Share (EPS) is $2.40. On average, analysts forecast that NJR's EPS will be $2.89 for 2025, with the lowest EPS forecast at $2.87, and the highest EPS forecast at $2.91. In 2026, NJR's EPS is forecast to hit $3.03 (min: $3.03, max: $3.03).

What is NJR's forecast return on equity (ROE) for 2025-2026?

(NYSE: NJR) forecast ROE is 14.02%, which is considered weak.
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