New Jersey Resources Corporation

New Jersey Resources Corporation

NJRยทNYSE

$54.61

+1.4%
UtilitiesRegulated Gas

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. 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 564,000 residential and commercial customers throughout 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 commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

At a Glance

Live Snapshot
Market Cap$5.51B
EPS3.3500
P/E Ratio16.30
Earnings Date08/03/2026
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New Jersey Resources Corporation Street Expectations Map

NJR ยท NYSE

Wall Street analysts project that NJR stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 58.25, with estimates ranging from a low of 54.00 to a high of 63.00.

Lowest Target
54.00
-1.12%
Consensus Target
58.25
6.67%
Highest Target
63.00
15.36%

The consensus 1-year price target stands at 58.25, with estimates ranging from a low of 54.00 to a high of 63.00.

Analyst Consensus Analysis

Upside Potential

+6.7%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

15.5% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

13.75x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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New Jersey Resources Corporation Forward Estimates of Revenue

NJR ยท NYSE
Latest Revenue
2.03B
FY 2025
Avg Estimate
2.16B
FY 2026
Estimate Range
1.95B - 2.38B
Analyst Spread

Forward Growth Analysis

Projected Growth+6.4%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread20%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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New Jersey Resources Corporation Forward Estimates of Net Income

NJR ยท NYSE
Latest Net Income
335.63M
FY 2025
Avg Estimate
340.29M
FY 2026
Estimate Range
313.35M - 367.23M
Analyst Spread

Forward Growth Analysis

Projected Growth+1.4%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread16%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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New Jersey Resources Corporation Forward Estimates of EPS

NJR ยท NYSE
Latest EPS
3.35
FY 2025
Avg Estimate
$3.12
FY 2026
Estimate Range
$3.11 - $3.64
Analyst Spread

Forward Growth Analysis

Projected Growth-6.9%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

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New Jersey Resources Corporation Forward Estimates of EBIT

NJR ยท NYSE
Latest EBIT
555.11M
FY 2025
Avg Estimate
464.79M
FY 2026
Estimate Range
419.94M - 511.67M
Analyst Spread

Forward Growth Analysis

Projected Growth-16.3%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread20%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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New Jersey Resources Corporation Forward Estimates of EBITDA

NJR ยท NYSE
Latest EBITDA
743.88M
FY 2025
Avg Estimate
625.13M
FY 2026
Estimate Range
564.81M - 688.19M
Analyst Spread

Forward Growth Analysis

Projected Growth-16.0%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread20%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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New Jersey Resources Corporation Forward Estimates of SG&A Expense

NJR ยท NYSE
Latest SG&A Expense
0.00
FY 2025
Avg Estimate
0.00
FY 2026
Estimate Range
0.00 - 0.00
Analyst Spread

Forward Growth Analysis

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

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New Jersey Resources Corporation Insider Positioning

NJR ยท NYSE

During the last 12 months, insiders have sold $1.34M worth of NJR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

19.6K

1.08M

Net Activity

-1.1M

-$1.08M

3-6 Months

Bought

0

0.00

Sold

4.0K

186.63K

Net Activity

-187K

-$187K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

1.5K

66.33K

Net Activity

-66K

-$66K

Top Buyers

No buying activity

Top Sellers

1
KJM

Kenny Jane M

Director

8.0K sharesโ€ข1 transactions

$449K

2
MPJ

Migliaccio Patrick J.

Officer: Senior Vp And Coo, Njng

8.5K sharesโ€ข3 transactions

$420K

3
RR

Reich Richard

Officer: Svp And Gen Counsel

5.4K sharesโ€ข1 transactions

$289K

4
BR

Bel Roberto

Officer: Svp And Cfo

2.0K sharesโ€ข1 transactions

$112K

5
DCT

D'Antuono Christopher T.

Officer: Corporate Controller And Pao

1.1K sharesโ€ข1 transactions

$66K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.34M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$1.08M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.