15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering NewJersey Resources Corporation, 3 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $50.00 to $63.00, so the covering firms are broadly aligned. The average target of $58.00 sits 3% below the current $59.85. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.21 next quarter toward $3.44 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Strong Buy
Strong Buy00%
Buy3100%
Hold00%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to NewJersey Resources Corporation.
As of Jul, 3 of 3 firms rate NJR a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NJR EPS & revenue forecast
EPS · NEXT QUARTER
$0.21
Range $0.19 – $0.29 · 4 analysts · +34% YoY
Next period, 4 analysts expect NewJersey Resources Corporation to earn $0.21 a share (range $0.19 – $0.29), versus $0.16 a year earlier. Full-year consensus is $3.58, growing to $3.44 the year after.
REVENUE · NEXT QUARTER
$369.1M
Range $357.0M – $381.1M · 4 analysts · +10% YoY
Revenue is expected to reach $369.1M (range $357.0M – $381.1M), +9.8% year-over-year. Full-year consensus is $2.2B, rising to $2.2B next year.
Top analysts covering NewJersey Resources Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NJR.
#1
Gabriel Moreen
Mizuho · Rank #76
Buy
$61.00+1.9% to target
Overall win rate
46%
+ Follow
#2
RS
Richard Sunderland
JP Morgan
Buy
$51.00-14.8% to target
Coverage
—
+ Follow
#3
Sarah Akers
Wells Fargo
Hold
$53.00-11.4% to target
Coverage
—
+ Follow
#4
JW
J.R. Weston
Raymond James
Buy
$50.00-16.5% to target
Coverage
—
+ Follow
#5
Shahriar Pourreza
Guggenheim
Hold
$54.00-9.8% to target
Coverage
—
+ Follow
NJR stock forecast FAQ
What is NJR's average 12-month price target?+
The 3 analysts with a live target average $58.00 for NewJersey Resources Corporation over the next 12 months, ranging from a $63.00 high to a $50.00 low.
Is NJR stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 3 analyst ratings, 3 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for NJR?+
The Street-high target is $63.00 (Wells Fargo), and the Street-low is $50.00 (Raymond James). The average of all 3 active targets is $58.00.
How many Wall Street analysts cover NJR?+
3 analysts have an active rating on NewJersey Resources Corporation, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering NJR?+
Among analysts who currently cover NJR, Gabriel Moreen of Mizuho has the strongest overall Quantellect track record (Rank #76). Their current call is Buy with a $61.00 target.
What is NewJersey Resources Corporation's projected EPS for next quarter?+
The consensus estimate is $0.21 per share (range $0.19 – $0.29) across 4 analysts. Full-year EPS is projected at $3.58, rising to $3.44 the following year.
How much revenue is NewJersey Resources Corporation expected to report next quarter?+
Consensus revenue is $369.1M (range $357.0M – $381.1M). Full-year revenue is projected at $2.2B, growing to $2.2B next year.
Have analysts been upgrading or downgrading NJR lately?+
As of Jul, 3 of 3 firms rate NJR a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NJR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
