$47.56
0.73% today
NYSE, Aug 25, 06:45 pm CET
ISIN
US6460251068
Symbol
NJR

New Jersey Resources Corporation Target price 2025 - Analyst rating & recommendation

New Jersey Resources Corporation Classifications & Recommendation:

Buy
67%
Hold
33%

New Jersey Resources Corporation Price Target

Target Price $53.04
Price $47.91
Potential
Number of Estimates 8
8 Analysts have issued a price target New Jersey Resources Corporation 2026 . The average New Jersey Resources Corporation target price is $53.04. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 12 analysts: 8 Analysts recommend New Jersey Resources Corporation to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the New Jersey Resources Corporation stock has an average upside potential 2026 of . Most analysts recommend the New Jersey Resources Corporation stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2029

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Quarter Annually
Sep '24 2025
Estimates
Revenue Billion $ 1.80 1.96
8.48% 9.27%
EBITDA Margin 34.77% 35.16%
21.91% 1.12%
Net Margin 16.13% 16.55%
19.62% 2.60%

5 Analysts have issued a sales forecast New Jersey Resources Corporation 2025 . The average New Jersey Resources Corporation sales estimate is

$2.0b
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. This is
6.35% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$2.1b 0.76%
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, the lowest is
$1.8b 13.60%
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.

This results in the following potential growth metrics:

Revenue Estimates

2024 $1.8b 8.48%
2025
$2.0b 9.27%
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2026
$2.0b 2.24%
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2027
$2.1b 3.99%
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2028
$2.1b 2.40%
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2029
$2.2b 3.23%
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4 Analysts have issued an New Jersey Resources Corporation EBITDA forecast 2025. The average New Jersey Resources Corporation EBITDA estimate is

$690m
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. This is
7.24% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$765m 2.87%
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, the lowest is
$631m 15.18%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 $625m 11.57%
2025
$690m 10.49%
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2026
$726m 5.12%
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2027
$800m 10.28%
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2028
$944m 18.02%
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2029
$1.0b 7.06%
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EBITDA Margin

2024 34.77% 21.91%
2025
35.16% 1.12%
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2026
36.15% 2.82%
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2027
38.34% 6.06%
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2028
44.19% 15.26%
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2029
45.83% 3.71%
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9 New Jersey Resources Corporation Analysts have issued a net profit forecast 2025. The average New Jersey Resources Corporation net profit estimate is

$325m
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. This is
21.08% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$363m 11.93%
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, the lowest is
$297m 27.76%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 $290m 9.47%
2025
$325m 12.12%
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2026
$319m 1.67%
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2027
$356m 11.38%
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2028
$388m 8.98%
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2029
$414m 6.67%
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Net Margin

2024 16.13% 19.62%
2025
16.55% 2.60%
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2026
15.92% 3.81%
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2027
17.05% 7.10%
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2028
18.15% 6.45%
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2029
18.75% 3.31%
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Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

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Quarter Annually
Sep '24 2025
Estimates
Earnings Per Share $ 2.92 3.24
7.75% 10.96%
P/E 14.80
EV/Sales 4.17

9 Analysts have issued a New Jersey Resources Corporation forecast for earnings per share. The average New Jersey Resources Corporation EPS is

$3.24
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. This is
20.78% lower
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than earnings per share in the financial year 2024. The highest EPS forecast is
$3.61 11.74%
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, the lowest is
$2.96 27.63%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 $2.92 7.75%
2025
$3.24 10.96%
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2026
$3.18 1.85%
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2027
$3.54 11.32%
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2028
$3.86 9.04%
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2029
$4.12 6.74%
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P/E ratio

Current 11.71 38.29%
2025
14.80 26.35%
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2026
15.05 1.69%
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2027
13.52 10.17%
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2028
12.40 8.28%
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2029
11.63 6.21%
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Based on analysts' sales estimates for 2025, the New Jersey Resources Corporation stock is valued at an EV/Sales of

and an P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.91 12.33%
2025
4.17 6.77%
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2026
4.08 2.19%
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2027
3.93 3.83%
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2028
3.83 2.34%
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2029
3.71 3.13%
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P/S ratio

Current 2.30 11.61%
2025
2.45 6.78%
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2026
2.40 2.19%
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2027
2.31 3.83%
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2028
2.25 2.34%
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2029
2.18 3.13%
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Current New Jersey Resources Corporation Upgrades & Downgrades

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Analyst Rating Action Date
Raymond James
Locked
Locked
Locked Aug 08 2025
Raymond James
Locked
Locked
Locked Jun 13 2025
JP Morgan
Locked
Locked
Locked May 28 2025
Mizuho
Locked
Locked
Locked May 15 2025
Wells Fargo
Locked
Locked
Locked May 07 2025
Jefferies
Locked
Locked
Locked Apr 01 2025
Guggenheim
Locked
Locked
Locked Feb 05 2025
Analyst Rating Date
Locked
Raymond James:
Locked
Locked
Aug 08 2025
Locked
Raymond James:
Locked
Locked
Jun 13 2025
Locked
JP Morgan:
Locked
Locked
May 28 2025
Locked
Mizuho:
Locked
Locked
May 15 2025
Locked
Wells Fargo:
Locked
Locked
May 07 2025
Locked
Jefferies:
Locked
Locked
Apr 01 2025
Locked
Guggenheim:
Locked
Locked
Feb 05 2025

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