NJR Stock Analysis: Buy, Sell, or Hold?
NJR - New Jersey Resources Corp
$56.06
1.25 (2.28%)
▲
5d:
+2.75%
30d:
-1.96%
90d:
+3.85%
BUY
HIGH Confidence
Analysis Updated: Jun 22, 2026 12:00 AM ET
Earnings: Aug 03, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
✅ BUY SIGNAL: NJR shows strong fundamentals and good volume confirmation. Solid entry point despite slightly low pricing.
✅ BUY SIGNAL: NJR shows strong fundamentals and good volume confirmation. Solid entry point despite slightly low pricing.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$57.44
Based on 1.5% avg growth
INTRINSIC VALUE TODAY
$35.66
Trading above historical range
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 15.5x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NJR is currently trading at $56.06, which is considered slightly low relative to its 30-day fair value range of $54.49 to $57.19. The stock's valuation (Forward PE: 15.9) is in line with its historical norms (15.5). At these levels, the market is pricing in 0.8% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, NJR is in a strong uptrend. The price is approaching resistance at $57.65. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, NJR is in a strong uptrend. The price is approaching resistance at $57.65. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: The stock shows a mixed technical setup (45/100), with neutral trendline and momentum signals. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$54.49 -
$57.19
Company Quality Score
57/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
75.7%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (45/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($60.14)
- NEUTRAL: Market pricing in 0.8% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$54.49 -
$57.19
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$52.96
Resistance Level
$57.65
Current Trend
Strong Uptrend
Technical data as of
Jun 9, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.88
Wall Street Target
$60.14
(+9.7%)
Revenue Growth (YoY)
2.9%
Earnings Growth (YoY)
6.9%
Profit Margin
15.7%
Valuation Premium vs History
+0.8% premium
PE vs Historical
15.9 vs 15.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.8%
(market-implied from PE analysis)
1-Year Target
$55.25
(+1%)
2-Year Target
$55.69
(+2%)
3-Year Target
$56.14
(+2%)
3-Yr Target (if PE normalizes)
(PE: 16→16)
PE COMPRESSION
$54.78
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.8, Growth: -1.1%)
$72.71
(+33%)
Base:
(SPY PE: 15.9, Growth: -1.1%)
$53.02
(-3%)
Bear:
(PE: 13.5, Growth: -1.1%)
$45.07
(-18%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (16x PE), but valuation improves significantly next year (16x PE) as earnings recover.
Trailing PE: 16.35 | Current EPS (TTM): $3.37
Bull Case
$62.08
(+13%)
Analyst growth 2.4%, PE expands to 18.0
Base Case
$56.43
(+3%)
Market implied 2.4%, PE stable at 16.4
Bear Case
$37.47
(-32%)
Severe decline -20.0%, PE contracts to 13.9
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: June 23, 2026 10:29 AM ET
Data refreshes hourly during market hours. Next update: 11:29 AM
Data refreshes hourly during market hours. Next update: 11:29 AM
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Technical Signals Check
Is NJR showing a specific setup today?
Insider Activity (6 Months)
0
Buys
2
Sells
Net
INSIDERS SELLING
Recent Transactions
Richard Reich
SELL
5449 shares
2026-03-19
Roberto Bel
SELL
6105 shares
2026-03-16
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