NewJersey Resources Corporation (NJR) Stock Analysis
Breakout setup
Utilities · Utilities - Regulated Gas
Sell if holding. Analyst target reached at $57.62 — A.R:R is negative (-1.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (1.0% away).
New Jersey Resources Corporation is a diversified energy holding company whose primary subsidiary NJNG provides regulated natural gas utility service to approximately 1.7 million people across six New Jersey counties, regulated by the New Jersey BPU. Additional segments include... Read more
Sell if holding. Analyst target reached at $57.62 — A.R:R is negative (-1.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (1.0% away). Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Score 5.4/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 76d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent Developments — NewJersey Resources Corporation
Latest news
- Will New Jersey Resources (NJR) beat estimates again in its next earnings report? - MSN — MSN positive
- Mizuho Maintains an Outperform Rating on New Jersey Resources Corporation (NJR) - Insider Monkey — Insider Monkey positive
- Mizuho Maintains an Outperform Rating on New Jersey Resources Corporation (NJR) - Yahoo Finance — Yahoo Finance positive
- New Jersey Resources (NJR) could be a great choice - MSN — MSN positive
- Mizuho Issues Positive Forecast for NewJersey Resources (NYSE:NJR) Stock Price - MarketBeat — MarketBeat positive
Generated 2026-05-20T20:21:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $57.62 — A.R:R is negative (-1.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (1.0% away). Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Prior stop was $55.40. Score 5.4/10, moderate confidence.
Take-profit target: $57.06 (-1.0% upside). Prior stop was $55.40. Stop-loss: $55.40.
Analyst target reached - limited upside remaining; Near 52-week high (1.0% away); V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0).
NewJersey Resources Corporation trades at a P/E of 17.1 (forward 16.6). TrendMatrix value score: 5.8/10. Verdict: Sell.
10 analysts cover NJR with a consensus score of 4.1/5. Average price target: $60.
What does NewJersey Resources Corporation do?New Jersey Resources Corporation is a diversified energy holding company whose primary subsidiary NJNG provides...
New Jersey Resources Corporation is a diversified energy holding company whose primary subsidiary NJNG provides regulated natural gas utility service to approximately 1.7 million people across six New Jersey counties, regulated by the New Jersey BPU. Additional segments include Clean Energy Ventures (479 MW solar capacity), Energy Services (wholesale gas), Storage and Transportation (Leaf River, Adelphia, Steckman Ridge), and Home Services. In fiscal 2025, no single customer represented more than 10% of consolidated operating revenues.