NewJersey Resources - NJR Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $51.86
  • Forecasted Upside: 15.34%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$44.96
▼ -0.06 (-0.13%)

This chart shows the closing price for NJR by one month, three months, or twelve months.

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Analyst Price Target for NJR

Analyst Price Target is $51.86
▲ +15.34% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for NewJersey Resources in the last 3 months. The average price target is $51.86, with a high forecast of $54.00 and a low forecast of $50.00. The average price target represents a 15.34% upside from the last price of $44.96.

This chart shows the closing price for NJR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 polled investment analysts is to hold stock in NewJersey Resources. This rating has held steady since June 2025, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/12/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/10/2024
  • 1 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/9/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/9/2025
  • 1 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/7/2025
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/5/2025
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
11/4/2025
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/4/2025

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/28/2025Weiss RatingsReiterated RatingBuy (B-) ➝ Buy (B-)
11/21/2025Weiss RatingsUpgradeHold (C) ➝ Buy (B-)
11/20/2025Raymond James FinancialReiterated RatingOutperform ➝ Outperform$53.00
10/8/2025Weiss RatingsReiterated RatingHold (C) ➝ Hold (C)
9/27/2025Weiss RatingsReiterated RatingHold (C) ➝ Hold (C)
8/8/2025Raymond James FinancialReiterated RatingOutperform ➝ Outperform$49.00 ➝ $50.00
6/13/2025Raymond James FinancialInitiated CoverageOutperform$49.00
5/28/2025JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$56.00 ➝ $51.00
5/15/2025MizuhoLower TargetNeutral ➝ Neutral$52.00 ➝ $50.00
5/7/2025Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$51.00 ➝ $53.00
4/1/2025New Street ResearchSet Target$51.00
4/1/2025Jefferies Financial GroupInitiated CoverageHold$51.00
2/5/2025GuggenheimBoost TargetNeutral ➝ Neutral$53.00 ➝ $54.00
1/28/2025JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$54.00 ➝ $52.00
12/12/2024JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$52.00 ➝ $54.00
11/27/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$51.00 ➝ $54.00
11/27/2024GuggenheimBoost TargetNeutral ➝ Neutral$46.00 ➝ $49.00
10/16/2024Wells Fargo & CompanyBoost TargetEqual Weight ➝ Equal Weight$47.00 ➝ $51.00
9/20/2024MizuhoBoost TargetNeutral ➝ Neutral$45.00 ➝ $47.00
8/15/2024JPMorgan Chase & Co.Boost TargetNeutral ➝ Neutral$48.00 ➝ $49.00
6/10/2024ArgusUpgradeStrong-Buy
2/5/2024MizuhoLower TargetNeutral ➝ Neutral$47.00 ➝ $45.00
11/20/2023MizuhoLower TargetNeutral ➝ Neutral$49.00 ➝ $47.00
10/9/2023GuggenheimLower Target$47.00 ➝ $42.00
9/21/2023JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$44.00 ➝ $46.00
8/4/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$52.00 ➝ $47.00
7/27/2023MizuhoLower Target$51.00 ➝ $49.00
4/24/2023GuggenheimBoost Target$46.00 ➝ $47.00
2/7/2023MizuhoBoost TargetNeutral$46.00 ➝ $51.00
1/10/2023Wells Fargo & CompanyLower TargetEqual Weight$51.00 ➝ $50.00
1/9/2023JPMorgan Chase & Co.Boost TargetUnderweight$40.00 ➝ $46.00
12/14/2022Wells Fargo & CompanyBoost Target$45.00 ➝ $51.00
11/18/2022Wells Fargo & CompanyBoost TargetEqual Weight$41.00 ➝ $45.00
11/18/2022MizuhoBoost TargetNeutral$45.00 ➝ $46.00
10/24/2022GuggenheimLower Target$41.00 ➝ $40.00
10/19/2022Wells Fargo & CompanyLower TargetEqual Weight$47.00 ➝ $41.00
9/9/2022JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$47.00 ➝ $46.00
8/8/2022Wells Fargo & CompanyBoost TargetEqual Weight$45.00 ➝ $47.00
4/29/2022MizuhoBoost Target$42.00 ➝ $45.00
1/5/2022MizuhoDowngradeBuy ➝ Neutral$42.00
6/25/2021Bank of AmericaDowngradeNeutral ➝ Underperform$39.00
5/27/2021MizuhoBoost TargetBuy$44.00 ➝ $45.00
5/4/2021MizuhoBoost TargetBuy$40.00 ➝ $44.00
5/3/2021JPMorgan Chase & Co.Initiated CoverageNeutral$43.00
4/23/2021Williams CapitalReiterated RatingBuy
2/10/2021MizuhoBoost TargetBuy$38.00 ➝ $40.00
1/19/2021Siebert Williams ShankInitiated CoverageBuy$44.00
12/18/2020MizuhoBoost TargetBuy$36.00 ➝ $38.00
12/9/2020MizuhoLower TargetBuy$37.00 ➝ $36.00
(Data available from 12/5/2020 forward)

News Sentiment Rating

1.19 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 30 very positive mentions
  • 23 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/9/2025
  • 38 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/8/2025
  • 7 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/8/2025
  • 17 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/7/2025
  • 31 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/6/2025
  • 19 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/6/2025
  • 8 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/5/2025
  • 38 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
12/5/2025

Current Sentiment

  • 38 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
NewJersey Resources logo
New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 576,000 customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.
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Today's Range

Now: $44.96
Low: $44.81
High: $45.17

50 Day Range

MA: $46.38
Low: $44.07
High: $48.90

52 Week Range

Now: $44.96
Low: $43.46
High: $50.76

Volume

65,453 shs

Average Volume

611,290 shs

Market Capitalization

$4.53 billion

P/E Ratio

13.49

Dividend Yield

4.10%

Beta

0.61

Frequently Asked Questions

What sell-side analysts currently cover shares of NewJersey Resources?

The following Wall Street analysts have issued reports on NewJersey Resources in the last twelve months: Guggenheim, Jefferies Financial Group Inc., JPMorgan Chase & Co., Mizuho, New Street Research, Raymond James Financial, Inc., Wall Street Zen, Weiss Ratings, and Wells Fargo & Company.
View the latest analyst ratings for NJR.

What is the current price target for NewJersey Resources?

0 Wall Street analysts have set twelve-month price targets for NewJersey Resources in the last year. Their average twelve-month price target is $51.86, suggesting a possible upside of 15.3%. Guggenheim has the highest price target set, predicting NJR will reach $54.00 in the next twelve months. Mizuho has the lowest price target set, forecasting a price of $50.00 for NewJersey Resources in the next year.
View the latest price targets for NJR.

What is the current consensus analyst rating for NewJersey Resources?

NewJersey Resources currently has 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NJR, but not buy more shares or sell existing shares.
View the latest ratings for NJR.

What other companies compete with NewJersey Resources?

How do I contact NewJersey Resources' investor relations team?

NewJersey Resources' physical mailing address is 1415 Wyckoff Road, WALL TOWNSHIP NJ, 07719. The utilities provider's listed phone number is (732) 938-1000 and its investor relations email address is [email protected]. The official website for NewJersey Resources is www.njresources.com. Learn More about contacing NewJersey Resources investor relations.