At the time of writing, New Jersey Resources Corporation [NJR] stock is trading at $46.23, up 0.70%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NJR shares have gain 1.07% over the last week, with a monthly amount glided 3.59%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
New Jersey Resources Corporation [NYSE: NJR] stock has seen the most recent analyst activity on June 13, 2025, when Raymond James initiated its Outperform rating and assigned the stock a price target of $49. Previously, Jefferies started tracking the stock with Hold rating on April 01, 2025, and set its price target to $51. On December 12, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $54 on the stock. JP Morgan upgraded its rating to a Neutral and increased its price target to $46 on September 21, 2023. JP Morgan downgraded its rating to a Underweight and reduced its price target to $46 on September 09, 2022. Mizuho downgraded its rating to Neutral for this stock on January 05, 2022, but kept the price target unchanged to $42. In a note dated June 25, 2021, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $39.
For the past year, the stock price of New Jersey Resources Corporation fluctuated between $42.33 and $51.94. Currently, Wall Street analysts expect the stock to reach $50.5 within the next 12 months. New Jersey Resources Corporation [NYSE: NJR] shares were valued at $46.23 at the most recent close of the market. An investor can expect a potential return of 9.24% based on the average NJR price forecast.
Analyzing the NJR fundamentals
According to New Jersey Resources Corporation [NYSE:NJR], the company’s sales were 2.04B for trailing twelve months, which represents an 32.56% jump. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.3%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.18 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 45.92 points at the first support level, and at 45.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.50, and for the 2nd resistance point, it is at 46.76.
Ratios To Look Out For
It is important to note that New Jersey Resources Corporation [NYSE:NJR] has a current ratio of 0.93. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 2.28, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 11.21.
Transactions by insiders
Recent insider trading involved Migliaccio Patrick J., Senior VP and COO, NJNG, that happened on Jun 18 ’25 when 1500.0 shares were sold. SVP and CFO, Bel Roberto completed a deal on Mar 31 ’25 to sell 1173.0 shares. Meanwhile, Officer Bel Roberto bought 1173.0 shares on Mar 31 ’25.
