NEW JERSEY RESOURCES CORP (NJR) Forecast, Price Target & Analyst Ratings
NYSE:NJR • US6460251068
54.53 USD
+0.06 (+0.11%)
At close: Mar 6, 2026
54.53 USD
0 (0%)
After Hours: 3/6/2026, 8:04:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NEW JERSEY RESOURCES CORP (NJR).
Forecast Snapshot
Consensus Price Target
$56.87
+ 4.28% Upside
Next Earnings Forecast
Release DateMay 4, 2026
PeriodQ2 / 2026
EPS Estimate$1.88
Revenue Estimate849.36M
ChartMill Buy Consensus
82.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$56.87
Upside
+ 4.28%
From current price of $54.53 to mean target of $56.87, Based on 10 analyst forecasts
Low
$51.51
Median
$55.59
High
$66.15
Price Target Revisions
1 Month
-0.45%
3 Months
2.11%
Price Target Summary
10 analysts have analysed NJR and the average price target is 56.87 USD. This implies a price increase of 4.28% is expected in the next year compared to the current price of 54.53.
The average price target has been revised upward by 2.11% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.00%
NJR was analyzed by 10 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about NJR.
In the previous month the buy percentage consensus was at a similar level.
NJR was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-12-17 | Mizuho | Upgrade | Neutral -> Outperform |
| 2025-08-08 | Raymond James | Maintains | Outperform -> Outperform |
| 2025-06-13 | Raymond James | Initiate | Outperform |
| 2025-05-28 | JP Morgan | Maintains | Overweight -> Overweight |
| 2025-05-15 | Mizuho | Maintains | Neutral -> Neutral |
| 2025-05-07 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2025-04-01 | Jefferies | Initiate | Hold |
| 2025-02-05 | Guggenheim | Maintains | Neutral -> Neutral |
| 2025-01-28 | JP Morgan | Maintains | Overweight -> Overweight |
| 2024-12-12 | JP Morgan | Upgrade | Neutral -> Overweight |
| 2024-11-27 | Guggenheim | Maintains | Neutral -> Neutral |
| 2024-11-27 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-10-16 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-09-20 | Mizuho | Maintains | Neutral -> Neutral |
| 2024-08-15 | JP Morgan | Maintains | Neutral -> Neutral |
| 2024-02-05 | Mizuho | Maintains | Neutral -> Neutral |
| 2023-11-20 | Mizuho | Maintains | Neutral -> Neutral |
| 2023-09-21 | JP Morgan | Upgrade | Underweight -> Neutral |
| 2023-08-04 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2023-04-24 | Guggenheim | Maintains | Neutral |
| 2023-02-07 | Mizuho | Maintains | Neutral |
| 2023-01-10 | Wells Fargo | Maintains | Equal-Weight |
| 2023-01-09 | JP Morgan | Maintains | Underweight |
| 2022-11-18 | Mizuho | Maintains | Neutral |
| 2022-11-18 | Wells Fargo | Maintains | Equal-Weight |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 4, 2026
PeriodQ2 / 2026
EPS Estimate$1.88
Revenue Estimate849.36M
Revenue Q2Q-6.97%
EPS Q2Q5.35%
Number of Analysts5
Next Earnings Revisions
Revenue (1 Month)
5.41%
Revenue (3 Months)
5.41%
EPS (1 Month)
11.18%
EPS (3 Months)
7.79%
Next Earnings Summary
NJR is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is 1.88 USD and the consensus revenue estimate is 849.36M USD.
The next earnings revenue estimate has been revised upward by 5.41% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.963B -32.45% | 1.797B -8.48% | 2.036B 13.35% | 2.269B 11.42% | 2.317B 2.12% | 2.28B -1.60% | 2.456B 7.72% | 2.552B 3.91% | |
| EBITDA YoY % growth | 559.9M 4.52% | 624.671M 11.57% | 639.441M 2.36% | 762.08M 19.18% | 808.07M 6.03% | 904.72M 11.96% | 1.01B 11.64% | 1.085B 7.43% | |
| EBIT YoY % growth | 407M 0.12% | 458.104M 12.56% | 450.667M -1.62% | 517.48M 14.83% | 537.6M 3.89% | 600.08M 11.62% | 669.05M 11.49% | 730.38M 9.17% | |
| Operating Margin | 20.73% | 25.50% | 22.13% | 22.81% | 23.20% | 26.32% | 27.24% | 28.62% | |
| EPS YoY % growth | 2.70 7.57% | 2.95 9.26% | 3.29 11.53% | 3.39 3.09% | 3.49 2.79% | 3.78 8.57% | 4.05 7.07% | 4.40 8.49% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | Q1 / 28 | Q2 / 28 | Q3 / 28 | Q4 / 28 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 1.88 5.35% | 0.08 34.67% | 0.29 78.85% | 1.10 -5.70% | 1.79 -4.31% | 0.19 134.59% | 0.32 10.47% | 1.19 7.66% | 1.79 -0.38% | 0.18 -4.09% | 0.53 66.13% |
| Revenue Q2Q % growth | 849.36M -6.97% | 347.89M 16.37% | 822.34M 144.69% | 591.36M -2.23% | 849.61M 0.03% | 383.8M 10.32% | 856.18M 4.12% | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 309.06M -17.04% | 94.94M -31.54% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 257.55M -7.77% | 42.42M 2,739.70% | 84.84M 121.54% | 174.02M -2.89% | 254.42M -1.22% | 36.865M -13.10% | 73.427M -13.45% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
4.84%
EPS Next 5 Year
5.97%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
5.19%
Revenue Next 5 Year
5.43%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
21.30%
EBIT Next 5 Year
16.44%
NEW JERSEY RESOURCES CORP / NJR Forecast FAQ
What is the price target for NJR stock?
10 analysts have analysed NJR and the average price target is 56.87 USD. This implies a price increase of 4.28% is expected in the next year compared to the current price of 54.53.
What is the next earnings date for NJR stock?
NEW JERSEY RESOURCES CORP (NJR) will report earnings on 2026-05-04.
What are the consensus estimates for NEW JERSEY RESOURCES CORP (NJR) next earnings?
The consensus EPS estimate for the next earnings of NEW JERSEY RESOURCES CORP (NJR) is 1.88 USD and the consensus revenue estimate is 849.36M USD.
What is the expected long term growth rate for NEW JERSEY RESOURCES CORP (NJR)?
The expected long term growth rate for NEW JERSEY RESOURCES CORP (NJR) is 5.19%.