New Jersey Resources Corporation [NJR] stock prices are up 1.25% to $45.19 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NJR shares have gain 0.94% over the last week, with a monthly amount drifted -2.78%, and not 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.
The stock price of New Jersey Resources Corporation [NJR] has been fluctuating between $43.46 and $51.94 over the past year. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. New Jersey Resources Corporation [NYSE: NJR] shares were valued at $45.19 at the most recent close of the market. An investor can expect a potential return of 10.64% based on the average NJR price forecast.
Analyzing the NJR fundamentals
The New Jersey Resources Corporation [NYSE:NJR] reported sales of 2.09B for trailing twelve months, representing a surge of 19.04%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.29%, 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 0.17 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.47.
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 44.81 points at the first support level, and at 44.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.49, and for the 2nd resistance point, it is at 45.79.
Ratios To Look Out For
It’s worth pointing out that New Jersey Resources Corporation [NYSE:NJR]’s Current Ratio is 0.76. On the other hand, the Quick Ratio is 0.48, and the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 2.17, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 11.04.
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.
