New Jersey Resources (NJR) Stock: Buy, Sell, or Hold?
NJR - New Jersey Resources Corp
$51.59
0.44 (0.86%)
▲
5d:
+1.94%
30d:
-3.82%
90d:
-8.3%
HOLD
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 18, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: NJR shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: NJR shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$54.85
Based on 0.3% avg growth
INTRINSIC VALUE TODAY
$34.06
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 15.7x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NJR is currently trading at $51.59, which is considered oversold relative to its 30-day fair value range of $51.65 to $54.03. The stock's valuation (Forward PE: 15.0) is in line with its historical norms (15.7). Remarkably, the market is currently pricing in an annual earnings decline of 1.5% over the next few years. This pessimistic expectation contrasts with the company's recent 6.9% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, NJR is in a downtrend. Immediate support is located at $49.75, while resistance sits at $53.92.
Market Sentiment: NJR scores 72/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $59.86 (+16.0%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, NJR is in a downtrend. Immediate support is located at $49.75, while resistance sits at $53.92.
Market Sentiment: NJR scores 72/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. Wall Street analysts see significant upside, with an average price target of $59.86 (+16.0%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$51.65 -
$54.03
Company Quality Score
56/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
88.1%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Strong technical setup (72/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($59.86)
- CAUTION: Bottoming setup, but lagging the sector by 18% over 20 days — wait for relative strength
Trading Range Analysis
30-Day Trading Range
$51.65 -
$54.03
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$49.75
Resistance Level
$53.92
Current Trend
Downtrend
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
14.96
Wall Street Target
$59.86
(+16.0%)
Revenue Growth (YoY)
16.8%
Earnings Growth (YoY)
6.9%
Profit Margin
16.4%
Valuation Discount vs History
-1.5% cheaper
PE vs Historical
15.0 vs 15.7
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-1.5%
(market-implied from PE analysis)
1-Year Target
$50.82
(-2%)
2-Year Target
$50.05
(-3%)
3-Year Target
$49.30
(-4%)
3-Yr Target (if PE normalizes)
(PE: 15→16)
$51.73
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: -3.4%)
$63.39
(+23%)
Base:
(SPY PE: 15.0, Growth: -3.4%)
$46.50
(-10%)
Bear:
(PE: 12.7, Growth: -3.4%)
$39.52
(-23%)
📈
Valuation based on Current Earnings
Trailing PE: 14.17 | Current EPS (TTM): $3.61
Bull Case
$53.74
(+4%)
Analyst growth -4.5%, PE expands to 15.6
Base Case
$48.85
(-5%)
Market implied -4.5%, PE stable at 14.2
Bear Case
$34.78
(-33%)
Severe decline -20.0%, PE contracts to 12.0
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 15.0 to 15.7
Stabilization Target:
$54.13
(+4.9%)
PE Expansion Potential:
+4.9%
Share & Embed Analysis
Last updated: October 02, 2026 11:43 PM ET
Data refreshes hourly during market hours. Next update: 12:43 AM
Data refreshes hourly during market hours. Next update: 12:43 AM
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Technical Signals Check
Is NJR showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
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