
NJR Stock Forecast & Price Target
NJR Analyst Ratings
Bulls say
New Jersey Resources is expected to experience earnings growth driven by forward-looking EPS projections, reflecting the positive outlook on its financial performance. The company's price-to-earnings (P/E) re-rating is anticipated due to its favorable load growth profile, as supported by industry peer comparisons and historical averages. Additionally, NJR's valuation is projected to remain stable, influenced by favorable market conditions, weather impacts, and successful load growth and contract execution.
Bears say
New Jersey Resources faces significant renewal pricing risk, particularly if regional demand for natural gas softens or if new competitors, such as pipelines and storage facilities, enter the market. There are broader industry fundamentals that could negatively impact expected revenues and earnings as changing customer demand and pricing dynamics come into play. Additionally, potential issues related to competition and unforeseen developments in management or financial practices may further undermine investor confidence and alter the company's prospective valuation.
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
Start investing in NJR
Order type
Buy in
Order amount
Est. shares
0 shares