
NJR Stock Forecast & Price Target
NJR Analyst Ratings
Bulls say
New Jersey Resources is positioned for positive performance due to anticipated earnings growth supported by forward-looking EPS projections, indicating robust financial health. The company's P/E re-rating reflects its favorable load growth profile, which is consistent with industry peer comparisons and historical averages, suggesting a strong market position. Furthermore, NJNG's long-term outlook is reinforced by expected regulatory support for natural gas infrastructure, despite the inherent risks posed by state and federal policy changes.
Bears say
The outlook for New Jersey Resources's stock is negatively impacted by renewal pricing risks, which may worsen if regional demand diminishes or if new competing pipelines and storage facilities become operational. Additionally, potential shifts in industry fundamentals, including customer demand and product-service pricing, could significantly reduce expected revenues and earnings, further straining the company’s financial performance. Finally, concerns related to competition, market share dynamics, and unforeseen developments in management or accounting practices pose further risks to the company’s valuation and investor confidence.
This aggregate rating is based on analysts' research of New Jersey Resources and is not a guaranteed prediction by Public.com or investment advice.
NJR Analyst Forecast & Price Prediction
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