
NJR Stock Forecast & Price Target
NJR Analyst Ratings
Bulls say
New Jersey Resources is expected to experience earnings growth as evidenced by forward-looking EPS projections, which indicate a favorable financial trajectory. The company’s price-to-earnings re-rating is anticipated due to its strong load growth profile, positioned well against industry peers and historical averages. Additionally, stable valuation metrics influenced by market conditions and load growth execution contribute to a positive outlook for the company’s regulated and nonregulated operations.
Bears say
The analysis indicates that New Jersey Resources faces significant renewal pricing risk, particularly if regional demand diminishes or if competitive pressures from new pipelines and storage emerge. Furthermore, industry fundamentals, including customer demand and pricing for products and services, may shift unfavorably, posing threats to anticipated revenues and earnings. Lastly, potential unforeseen developments regarding management practices, financial conditions, or accounting policies could negatively impact the company’s expected 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
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