15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering NewJersey Resources Corporation, 1 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $61.00 to $61.00, so the covering firms are broadly aligned. The average target of $61.00 sits 13% above the current $54.01. The rating mix has stayed broadly stable, with Buy-side ratings easing from 3 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.23 next quarter toward $3.46 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy150%
Hold150%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to NewJersey Resources Corporation.
As of Sep, 1 of 2 firms rate NJR a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NJR EPS & revenue forecast
EPS · NEXT QUARTER
$1.23
Range $1.14 – $1.41 · 4 analysts · +5% YoY
Next period, 4 analysts expect NewJersey Resources Corporation to earn $1.23 a share (range $1.14 – $1.41), versus $1.17 a year earlier. Full-year consensus is $3.56, growing to $3.46 the year after.
REVENUE · NEXT QUARTER
$577.3M
Range $577.3M – $577.3M · 4 analysts · -5% YoY
Revenue is expected to reach $577.3M (range $577.3M – $577.3M), -4.6% 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 #103
Buy
$61.00+12.9% to target
Overall win rate
46%
+ Follow
#2
Julien Dumoulin-Smith
Jefferies · Rank #151
Hold
$51.00-5.6% to target
Overall win rate
44%
+ Follow
#3
RS
Richard Sunderland
JP Morgan
Buy
$51.00-5.6% to target
Coverage
—
+ Follow
#4
Sarah Akers
Wells Fargo
Hold
$53.00-1.9% to target
Coverage
—
+ Follow
#5
CL
Constantine Lednev
Wells Fargo
Hold
$61.00+12.9% to target
Coverage
—
+ Follow
NJR stock forecast FAQ
What is NJR's average 12-month price target?+
The 2 analysts with a live target average $61.00 for NewJersey Resources Corporation over the next 12 months, ranging from a $61.00 high to a $61.00 low.
Is NJR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 2 analyst ratings, 1 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover NJR?+
2 analysts have an active rating on NewJersey Resources Corporation, and 2 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 #103). 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 $1.23 per share (range $1.14 – $1.41) across 4 analysts. Full-year EPS is projected at $3.56, rising to $3.46 the following year.
How much revenue is NewJersey Resources Corporation expected to report next quarter?+
Consensus revenue is $577.3M (range $577.3M – $577.3M). Full-year revenue is projected at $2.2B, growing to $2.2B next year.
Have analysts been upgrading or downgrading NJR lately?+
As of Sep, 1 of 2 firms rate NJR a Buy (1 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.
