NJR Stock Analysis: Buy, Sell, or Hold?
NJR - New Jersey Resources Corp
$55.09
0.61 (1.12%)
▲
5d:
-0.58%
30d:
-3.67%
90d:
+0.05%
HOLD
MODERATE Confidence
Analysis Updated: Jun 12, 2026 12:00 AM ET
Earnings: Aug 03, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: NJR is fairly valued with market pricing in 0.9% annual growth. Fine to hold or accumulate slowly on dips.
📊 HOLD: NJR is fairly valued with market pricing in 0.9% annual growth. Fine to hold or accumulate slowly on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$33.15
Based on -8.7% avg growth
INTRINSIC VALUE TODAY
$20.58
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 $55.09, which is considered slightly low relative to its 30-day fair value range of $54.61 to $57.30. 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 0.9% 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. Immediate support is located at $52.96, while resistance sits at $57.65.
Market Sentiment: NJR has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. 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 strong uptrend. Immediate support is located at $52.96, while resistance sits at $57.65.
Market Sentiment: NJR has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. 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
SLIGHTLY LOW
Historical Trading Range
$54.61 -
$57.30
Company Quality Score
53/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
53.3%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($59.86)
- NEUTRAL: Market pricing in 0.9% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$54.61 -
$57.30
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.)
15.95
Wall Street Target
$59.86
(+8.7%)
Revenue Growth (YoY)
2.9%
Earnings Growth (YoY)
6.9%
Profit Margin
15.7%
Valuation Premium vs History
+0.9% premium
PE vs Historical
16.0 vs 15.5
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+0.9%
(market-implied from PE analysis)
1-Year Target
$55.59
(+1%)
2-Year Target
$56.09
(+2%)
3-Year Target
$56.59
(+3%)
3-Yr Target (if PE normalizes)
(PE: 16→16)
PE COMPRESSION
$55.01
(0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 21.9, Growth: -21.4%)
$75.24
(+37%)
Base:
(SPY PE: 15.9, Growth: -21.4%)
$54.74
(-1%)
Bear:
(PE: 13.6, Growth: -21.4%)
$46.53
(-16%)
📈
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: 16.17 | Current EPS (TTM): $3.37
Bull Case
$61.43
(+12%)
Analyst growth 2.5%, PE expands to 17.8
Base Case
$55.85
(+1%)
Market implied 2.5%, PE stable at 16.2
Bear Case
$37.05
(-33%)
Severe decline -20.0%, PE contracts to 13.7
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: June 15, 2026 8:14 AM ET
Data refreshes hourly during market hours. Next update: 9:14 AM
Data refreshes hourly during market hours. Next update: 9:14 AM
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Technical Signals Check
Is NJR showing a specific setup today?
Insider Activity (6 Months)
0
Buys
3
Sells
Net
INSIDERS SELLING
Recent Transactions
Richard Reich
SELL
5449 shares
2026-03-19
Roberto Bel
SELL
6105 shares
2026-03-16
Patrick J Migliaccio
SELL
4017 shares
2025-12-23
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