← ANALYST RATINGS · TIPRANKS
New Jersey Resources (NJR): analyst forecast and price target
Analyst consensus
Moderate Buy2 Buy1 Hold0 Sell
Ratings of 3 analysts in the last 3 months12-month forecast
Based on 3 price targets given in the last 3 months, the average target is $62.00, the highest $63.00, the lowest $61.00. The average is +18.8% from the last price of $52.19.
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| James Weston★★★★★★★★★★#654 · hits 62% · avg +30.3% | Raymond James | $62.00 → $61.00−1.6% | Buy | +16.9% | Reiterated | 15.10.26on TipRanks 09:35 | −0.9%next day +2.4% | ↗ |
| Eli Jossen★★★★★★★★★★#5017 · hits 36% · avg +7.9% | J.P. Morgan | $64.00 → $63.00−1.6% | Buy | +20.7% | Reiterated | 11.09.26on TipRanks 09:20 | −1.2%next day +0.3% · 5 days +0.4% | ↗ |
| AI xAi Regulated GasxAI Grok-4 | TipRanks - xAI | $66.00 → $61.00−7.6% | Buy | +16.9% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI DeepSeek Regulated GasDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $65.00 → $61.00−6.2% | Buy | +16.9% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI OpenAI Regulated GasOpenAI 5.2 | TipRanks - OpenAI | $63.00 → $59.00−6.3% | Hold | +13.0% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI Anthropic Regulated GasAnthropic Opus-4.6 | TipRanks - Anthropic | $59.00 → $57.00−3.4% | Hold | +9.2% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI Google Regulated GasGemini 3.1Pro | TipRanks - Google | $65.00 → $62.00−4.6% | Buy | +18.8% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| AI PerPlexity Regulated GasPerPlexity SonarPro | TipRanks - PerPlexity | $62.00 → $61.00−1.6% | Buy | +16.9% | Reiterated | 21.08.26on TipRanks Aug 20 22:05 | — | |
| Constantine Lednev★★★★★★★★★★#8071 · hits 60% · avg +1.0% | Wells Fargo | — | Hold | — | Reiterated | 19.08.26on TipRanks Aug 20 06:00 | −1.0%next day +0.4% · 5 days −0.7% | ↗ |
| Christine Dooley★★★★★★★★★★#2411 · hits 72% · avg +16.0% | Argus Research | $58.00 → $63.00+8.6% | Buy | +20.7% | Reiterated | 19.05.26on TipRanks May 25 03:30 | +1.7%next day −2.4% · 5 days −4.7% | |
| Gabe Moreen★★★★★★★★★★#75 · hits 78% · avg +15.7% | Mizuho Securities | $54.00 → $61.00+13.0% | Buy | +16.9% | Reiterated | 21.04.26on TipRanks 08:40 | −0.2%next day −0.9% · 5 days +0.9% | ↗ |
| James Weston★★★★★★★★★★#654 · hits 62% · avg +30.3% | Raymond James | $53.00 | Buy | +1.6% | Reiterated | 20.11.25on TipRanks 15:25 | +5.6%next day +0.6% · 5 days −4.6% | ↗ |
| No ratings for this filter. | ||||||||
Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering New Jersey Resources
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $63.00 at a price of $50.60 (+24.5%); now: $62.00 at $52.19 (+18.8%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 2 | 3 | 2 |
| Hold | 0 | 0 | 0 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 12.11.26 (Q4 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.11 (from $0.04 to $0.15). Last quarter: $0.11.
Sales
Next quarter’s sales estimate — $340M (from $288M to $371M). Last quarter: $350M.
Best top-analyst consensus in the sector · Utilities
About New Jersey Resources
- CEO: Stephen D. Westhoven
- Employees: 1,372
- 1415 Wyckoff Road, Wall, NJ, 07719, US
- www.njresources.com
New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.
Data from the stock’s TipRanks forecast page, read 180 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗