Equites Radar

NJR · NewJersey Resources Corporation

Utilities - Regulated GasUnited StatesAnalyst view: Buy

$59.41

+0.90% last session

End-of-day data · updated 2026-07-25

Bullish5 bullish · 0 bearish technical signals
Consensus: Buy (1.88 from 7 analysts)
To mean target: +1.7%

Market cap

$6B

Enterprise value

$10B

Trailing P/E

17.8

Forward P/E

17.4

Dividend yield

3.0%

Beta

0.52

Avg volume

1M

Employees

1K

2D change

1.08%

5D change

2.54%

10D change

3.70%

30D change

5.91%

60D change

5.29%

MTD change

6.85%

YTD change

32.50%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.88
Covering analysts7
Mean price target$60.43
Low price target$53.00
Upside to mean target+1.7%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)62.0
50-day MA$56.46
200-day MA$51.13
Price vs 50-day MA+5.2%
Price vs 200-day MA+16.2%
MACD histogram0.06
Volume vs 3-month avg0.9×
52w low $42.9252w high $59.41

Analyst sentiment over time — NJR

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-05-12

Latest call per bank · past 12 months

Wells Fargo

Overweight

$63.00

+6.0% vs price
▲ raised from $0.00Initiates · 2026-05-12

Recent rating actions

DateFirmActionRatingPrice target
2026-05-12Wells FargoInitiatesOverweight$0.00 $63.00
2026-04-21MizuhoMaintainsOutperform$54.00 $61.00
2025-12-17MizuhoUpgradeNeutralOutperform$51.00 $54.00
2025-08-08Raymond JamesMaintainsOutperform$49.00 $50.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-23

  • RSI (14): RSI is 62 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 5.2% above the 50-day MA ($56.46).
  • Price vs 200-day MA: Trading 16.2% above the 200-day MA ($51.13).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.06) — short-term momentum is improving.
  • 52-week range: Price is within 5% of the 52-week high ($59.41).

NJR Price Chart

Loading chart for NJR

Fundamentals

Revenue (TTM)$2.0B
EBITDA$1.0B
Free cash flow$0M
Operating cash flow$1.0B
Book value / share$26.26
Net debt / EBITDA5.1
WACC7.0%
Revenue growth3.00%
Earnings growth7.00%

About NewJersey Resources Corporation

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 residential and commercial 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, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.