
NJR Stock Forecast & Price Target
NJR Analyst Ratings
Bulls say
New Jersey Resources shows a positive outlook due to projected earnings growth supported by forward-looking EPS projections, which indicates a strong financial trajectory. The company's price-to-earnings (P/E) re-rating stems from its favorable load growth profile, derived from comparisons with industry peers and historical performance, suggesting it is well-positioned within the sector. Furthermore, the regulatory support for natural gas infrastructure in New Jersey provides a stable foundation for NJR's long-term growth, although it acknowledges potential risks from changes in state and federal policy.
Bears say
The analysis highlights significant risks associated with New Jersey Resources's outlook, particularly regarding renewal pricing, which may be adversely affected if regional demand weakens or if new competitive infrastructure is introduced. Additionally, industry fundamentals, including customer demand and product pricing, pose threats to expected revenue and earnings, which could further deteriorate investor confidence. Finally, unforeseen management developments or shifts in financial practices may change perceptions of the company’s valuation, compounding the potential risks facing its stock performance.
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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