New Jersey Resources (NJR) Stock: Buy, Sell, or Hold?
NJR - New Jersey Resources Corp
$53.63
1.53 (2.94%)
▲
5d:
+4.08%
30d:
+2.7%
90d:
-10.69%
WAIT
LOW Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Nov 18, 2026
25d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: NJR shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: NJR shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$54.11
Based on 0.2% avg growth
INTRINSIC VALUE TODAY
$33.60
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 15.6x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NJR is currently trading at $53.63, which is considered extended relative to its 30-day fair value range of $50.91 to $52.86. The stock's valuation (Forward PE: 15.6) is in line with its historical norms (15.6). Remarkably, the market is currently pricing in an annual earnings decline of 0.1% 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 strong downtrend. The price is approaching resistance at $53.75. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: NJR scores 60/100 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 $59.71 (+11.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, NJR is in a strong downtrend. The price is approaching resistance at $53.75. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: NJR scores 60/100 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 $59.71 (+11.3%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$50.91 -
$52.86
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
59.5%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BULLISH: Trading below Wall St target ($59.71)
- WARNING: Composite score 53/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$50.91 -
$52.86
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$50.60
Resistance Level
$53.75
Current Trend
Strong Downtrend
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.59
Wall Street Target
$59.71
(+11.3%)
Revenue Growth (YoY)
16.8%
Earnings Growth (YoY)
6.9%
Profit Margin
16.4%
Valuation Discount vs History
-0.1% cheaper
PE vs Historical
15.6 vs 15.6
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-0.1%
(market-implied from PE analysis)
1-Year Target
$53.58
(0%)
2-Year Target
$53.52
(0%)
3-Year Target
$53.47
(0%)
3-Yr Target (if PE normalizes)
(PE: 16→16)
$53.51
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: -3.6%)
$61.18
(+14%)
Base:
(SPY PE: 15.6, Growth: -3.6%)
$48.02
(-11%)
Bear:
(PE: 13.3, Growth: -3.6%)
$40.82
(-24%)
📈
Valuation based on Current Earnings
Trailing PE: 14.43 | Current EPS (TTM): $3.61
Bull Case
$54.62
(+2%)
Analyst growth -4.7%, PE expands to 15.9
Base Case
$49.65
(-7%)
Market implied -4.7%, PE stable at 14.4
Bear Case
$35.43
(-34%)
Severe decline -20.0%, PE contracts to 12.3
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 15.6 to 15.6
Stabilization Target:
$53.67
(+0.1%)
PE Expansion Potential:
+0.1%
Share & Embed Analysis
Last updated: October 23, 2026 12:35 AM ET
Data refreshes hourly during market hours. Next update: 1:35 AM
Data refreshes hourly during market hours. Next update: 1:35 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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