NJR Stock Analysis: Buy, Sell, or Hold?
NJR - New Jersey Resources Corp
$57.15
-0.65 (-1.12%)
▼
5d:
+2.88%
30d:
+2.09%
90d:
+5.38%
HOLD
MODERATE Confidence
Analysis Updated: May 14, 2026 12:00 AM ET
Earnings: May 04, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: NJR is fairly valued with market pricing in 2.7% annual growth. Fine to hold or accumulate slowly on dips.
📊 HOLD: NJR is fairly valued with market pricing in 2.7% 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
$61.48
Based on 2.9% avg growth
INTRINSIC VALUE TODAY
$38.18
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 15.4x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: NJR is currently trading at $57.15, which is considered extended relative to its 30-day fair value range of $55.43 to $56.88. The stock's valuation (Forward PE: 16.7) is in line with its historical norms (15.4). At these levels, the market is pricing in 2.7% 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 $57.91. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: NJR has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. 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. The price is approaching resistance at $57.91. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: NJR has a strong technical setup (75/100), with favorable trendlines, momentum, and price action for short-term traders. 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
EXTENDED
Historical Trading Range
$55.43 -
$56.88
Company Quality Score
67/100
(BUY)
Volume Confirmation
HIGH
Confidence Score
58.1%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (75/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($59.86)
- NEUTRAL: Market pricing in 2.7% annual earnings growth - fairly valued
Trading Range Analysis
30-Day Trading Range
$55.43 -
$56.88
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$54.44
Resistance Level
$57.91
Current Trend
Strong Uptrend
Technical data as of
May 15, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.66
Wall Street Target
$59.86
(+3.6%)
Revenue Growth (YoY)
2.9%
Earnings Growth (YoY)
6.9%
Profit Margin
15.7%
Valuation Premium vs History
+2.7% premium
PE vs Historical
16.7 vs 15.4
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
+2.7%
(market-implied from PE analysis)
1-Year Target
$59.36
(+3%)
2-Year Target
$60.96
(+6%)
3-Year Target
$62.61
(+8%)
3-Yr Target (if PE normalizes)
(PE: 17→15)
PE COMPRESSION
$57.88
(+0%)
Earnings growth offset by PE compression
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.0, Growth: 1.7%)
$76.51
(+32%)
Base:
(SPY PE: 16.7, Growth: 1.7%)
$57.83
(+0%)
Bear:
(PE: 14.2, Growth: 1.7%)
$49.16
(-15%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (17x PE), but valuation improves significantly next year (17x PE) as earnings recover.
Trailing PE: 16.97 | Current EPS (TTM): $3.37
Bull Case
$64.77
(+12%)
Analyst growth 3.0%, PE expands to 18.7
Base Case
$58.88
(+2%)
Market implied 3.0%, PE stable at 17.0
Bear Case
$38.89
(-33%)
Severe decline -20.0%, PE contracts to 14.4
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
Share & Embed Analysis
Last updated: May 15, 2026 1:03 PM ET
Data refreshes hourly during market hours. Next update: 2:03 PM
Data refreshes hourly during market hours. Next update: 2:03 PM
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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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