New Jersey Resources Corporation (NJR) Stock Price & Analysis
New Jersey Resources Corporation (NJR) closed at USD 53.63 on Thursday, October 22, 2026, up 2.94% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 52.1; the Oct 22, 2026 session ranged USD 52.36–53.75 on volume of 552,924 shares. Market capitalization is $5.44B, with a 52-week range of USD 43.46–60.86 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:11 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NJR.md
Key facts (NJR)
- Last four reported quarters (through Jun 30, 2026): revenue $1.53B, net income $366M (24.0% margin) (SEC filings).
- Valuation: P/E 14.9x (avg 15.2x at the last 3 fiscal year-ends), EV/EBITDA 11.7x, net debt $3.39B.
- Analysts: Buy (mean 2.13 on a 1–5 scale) (8 analysts), mean target USD 59.71 (range 53–63).
- Total return with dividends: 1Y +20.5% vs S&P 500 +14.9%; 5Y +69.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-16, EPS estimate USD 0.13, revenue estimate $330M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NJR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $852M | $1.20B | $1.11B | $1.23B | $1.35B | $1.53B |
| Operating income | $288M | $406M | $407M | $458M | $509M | $553M |
| Net income | $118M | $275M | $265M | $290M | $336M | $366M |
| EPS (diluted) | $1.22 | $2.85 | $2.71 | $2.92 | $3.33 | — |
| Operating margin | 33.8% | 33.9% | 36.6% | 37.2% | 37.7% | 36.1% |
| Net margin | 13.8% | 22.9% | 23.8% | 23.6% | 24.8% | 24.0% |
| Revenue growth | +2.2% | +40.7% | -7.3% | +10.7% | +9.9% | — |
| Cash + short-term investments | $4.7M | $1.1M | $954K | $1.0M | $591K | — |
| Total debt | $2.54B | $2.91B | $3.02B | $3.17B | $3.45B | — |
Fiscal years end Sep. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NJR)
P/E 14.9x · P/S 3.6x · EV/EBITDA 11.7x · EV/Sales 5.8x · P/B 2.1x · Earnings yield 6.73% · Dividend yield (paid, TTM) 3.47% · Net debt $3.39B · EV $8.83B
P/E at fiscal year-ends: Sep 2025 14.5x, Sep 2024 16.2x, Sep 2023 15.0x.
Analysts (NJR)
Consensus Buy (mean 2.13 on a 1–5 scale), 8 analysts; mean target USD 59.71 (low 53, high 63).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-11 | JP Morgan | Target lowered | Overweight | $64 → $63 |
| 2026-08-05 | Wells Fargo | Downgrade | Overweight → Equal-Weight | $63 → $61 |
Total return (dividends reinvested) (NJR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +20.5% | +69.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +20.6% | +11.1% |
| Volatility (annualized) | 18.6% | 20.3% |
| Max drawdown | -15.3% (Jul 2026→Sep 2026) | -24.5% (Apr 2023→Sep 2023) |
NJR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.13 | $0.20 | -33.7% | $330.2M | 4 |
| Next quarter (ends Dec 2026) | $1.23 | $1.22 | +0.8% | $577.3M | 4 |
| Current fiscal year (ends Sep 2026) | $3.55 | $3.58 | -0.9% | $2.17B | 6 |
| Next fiscal year (ends Sep 2027) | $3.41 | $3.44 | -1.1% | $2.17B | 8 |
NJR options: expected move
Options price a move of about ±5.5% (±$2.95) by Nov 20, 2026, which includes earnings on Nov 16, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 40.6% | ±5.5% |
| Feb 19, 2027 | 119 | 21.1% | ±8.8% |
30-day implied volatility 33.7% vs 17.3% realized over the last 30 trading days. Put/call ratio (volume) —. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:11 UTC)
| Price | USD 53.63 |
|---|---|
| Change | ▲ 2.94% (up) |
| Previous Close | USD 52.1 |
| Open | USD 52.5 |
| Day Range | USD 52.36 – 53.75 |
| 52-Week Range | USD 43.46 – 60.86 |
| Volume | 552,924 shares |
| Market Cap | $5.44B |
| Exchange | NYQ |
Technical Analysis (NJR)
Nexqual's technical model rates NJR "NEUTRAL" based on 4 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 10:11 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 61.96 (neutral) |
| vs SMA50 | Above (USD 52.83) |
| MACD | -0.1 (negative) |
Analyst Ratings (NJR)
Wall Street analysts rate NJR "Buy" based on 8 analysts, with a mean price target of USD 59.71 (range USD 53–63), per Nexqual as of October 23, 2026 at 10:11 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 59.71 |
| High Target | USD 63 |
| Low Target | USD 53 |
| Buy / Hold / Sell | 5 / 3 / 0 |
Earnings (NJR)
| Next Earnings Date | 2026-11-16 |
|---|---|
| EPS Estimate | USD 0.13 |
| Revenue Estimate | $330.17M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.11 vs est 0.06 ▲ beat |
| 2026-03-31 | USD 2.2 vs est 1.9 ▲ beat |
| 2025-12-31 | USD 1.17 vs est 1 ▲ beat |
| 2025-09-30 | USD 0.16 vs est 0.19 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financials & Fundamentals (NJR)
| Total Revenue | $2.23B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +16.80% |
| Gross Margin | +39.18% |
| Operating Margin | +9.13% |
| Profit Margin | +16.42% |
| ROE | +14.45% |
| Debt / Equity | 1.47 |
| Current Ratio | 0.66 |
| Total Cash | $33.95M |
| Total Debt | $3.88B |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Financial Health Score (NJR)
Nexqual rates New Jersey Resources Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:11 UTC.
| Growth | Solid — Revenue +13% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 39%, operating 9% (last 12 months) |
| Balance Sheet | Weak — $34M cash and investments vs $3.42B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $659M (TTM) |
| Efficiency | Mixed — ROE 14%, ROA 4.5% |
Ownership (NJR)
| Insider Ownership | +0.48% |
|---|---|
| Institutional Ownership | +81.74% |
| Shares Outstanding | 101.47M |
| Float | 100.86M |
| Short % of Float | +6.68% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Leadership (NJR)
New Jersey Resources Corporation is led by Stephen D. Westhoven, President, CEO & Director, per Nexqual as of October 23, 2026 at 10:11 UTC.
| President, CEO & Director | Stephen D. Westhoven |
|---|---|
| Senior VP, CFO & Principal Financial Officer | Roberto F. Bel |
| Senior VP & COO of New Jersey Natural Gas | Patrick J. Migliaccio |
| Senior VP and COO of Non-Utility Businesses, Strategy & External Affairs | Amy Cradic |
| Director of Investor Relations | Adam Prior |
Major Backers & Investors (NJR)
Notable institutional backers of New Jersey Resources Corporation include Wells Fargo & Company, AQR Capital Management, LLC, Morgan Stanley, according to Nexqual as of October 23, 2026 at 10:11 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Wells Fargo & Company | 2.31% |
| AQR Capital Management, LLC | 1.86% |
| Morgan Stanley | 1.67% |
| Neuberger Berman Group, LLC | 1.59% |
| Fidelity | 1.11% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 17.73% |
| Vanguard Group | 10.73% |
| State Street | 5.34% |
| Dimensional Fund Advisors | 4.25% |
| Geode Capital | 3.05% |
Source: Nexqual, October 23, 2026 at 10:11 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SR | Spire Inc. | USD 85.56 | ▲ 3.7% |
| OGS | ONE Gas, Inc. | USD 78.25 | ▲ 3.57% |
| BKH | Black Hills Corporation | USD 79.31 | ▲ 0.97% |
| BIPC | Brookfield Infrastructure Corpo | USD 37.63 | ▲ 2.53% |
| SWX | Southwest Gas Holdings, Inc. | USD 91.08 | ▲ 3.01% |
| MDU | MDU Resources Group, Inc. | USD 19.37 | ▲ 1.31% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:11 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt