New Jersey Resources Stock Forecast for 2023 - 2025 - 2030
Updated on 04/26/2024
New Jersey Resources Stock Forecast and Price Target
According to experts, who recently provided their 2024 price targets for New Jersey Resources, the average price target is $45.00, with a high estimate of $57.00 and a low estimate of $43.00. That is a potential upside of approximately 3.83% from the last closing price of $43.34 on April, 2024. Even if you are not interested in NJR stock, you should still be aware of its competitors.
3.83% Upside
New Jersey Resources Fair Value Forecast for 2023 - 2025 - 2030
In the last four years, New Jersey Resources's Price has decreased by 100.00%, going from $34.65 to $0.00. Next year, analysts are expecting Fair Value to reach $46.20 – an increase of 100.00%. Over the next nine years, the forecast is for Fair Value to grow by 100.00%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| NEE Stock Forecast | NextEra Energy Inc | Outperform |
9
|
$65.99 | Buy/Sell | $70.61 | 9.87% |
| AEP Stock Forecast | American Electric Power Co Inc | Hold |
9
|
$85.26 | Buy/Sell | $87.32 | 0.87% |
| FE Stock Forecast | FirstEnergy | Outperform |
16
|
$38.13 | Buy/Sell | $40.71 | 7.53% |
| ATO Stock Forecast | Atmos Energy | Hold |
17
|
$116.93 | Buy/Sell | $120.69 | 4.52% |
| NRG Stock Forecast | NRG Energy Inc | Outperform |
14
|
$72.81 | Buy/Sell | $53.64 | -5.23% |
New Jersey Resources Revenue Forecast for 2023 - 2025 - 2030
In the last three years, New Jersey Resources's Revenue has grown from $1.95B to $1.96B – a 0.48% increase. Next year, analysts are expecting Revenue to reach $2.66B – an increase of 35.72%. Over the next eight years, the forecast is for Revenue to grow by 49.04%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| LNT Stock Forecast | Alliant Energy Corp | Outperform |
17
|
$49.59 | Buy/Sell | $53.62 | 6.88% |
| NI Stock Forecast | NiSource Inc | Buy |
15
|
$27.94 | Buy/Sell | $29.42 | 7.37% |
| SWN Stock Forecast | Southwestern Energy | Outperform |
12
|
$7.71 | Buy/Sell | $10.84 | 3.76% |
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New Jersey Resources Dividend per Share Forecast for 2023 - 2025 - 2030
In the last three years, New Jersey Resources's Dividend per Share has grown by 25.20%, rising from $1.27 to $1.59. For next year, analysts predict Dividend per Share of $1.67, which would mean an increase of 5.03%. Over the next nine years, experts predict that New Jersey Resources's Dividend per Share will grow at a rate of 30.75%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| PNW Stock Forecast | Pinnacle West Capital | Outperform |
14
|
$73.69 | Buy/Sell | $77.00 | 1.78% |
| SWX Stock Forecast | Southwest Gas Holdings | Outperform |
17
|
$75.00 | Buy/Sell | $69.60 | -2.67% |
| NFG Stock Forecast | National Fuel Gas | Outperform |
15
|
$53.83 | Buy/Sell | $58.75 | 7.75% |
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| IDA Stock Forecast | IDACORP | Outperform |
18
|
$94.60 | Buy/Sell | $105.86 | 1.48% |
| POR Stock Forecast | Portland General Electric | Outperform |
14
|
$42.80 | Buy/Sell | $48.30 | 7.48% |
| BKH Stock Forecast | Black Hills | Hold |
17
|
$53.86 | Buy/Sell | $58.17 | 3.97% |
New Jersey Resources EBITDA Forecast for 2023 - 2025 - 2030
In the last three years, New Jersey Resources's EBITDA has grown, rising from $341.20M to $562.21M – a growth of 64.77%. In the next year, analysts believe that EBITDA will reach $599.68M – an increase of 6.66%. For the next nine years, the forecast is for EBITDA to grow by 42.41%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| OGS Stock Forecast | ONE Gas | Hold |
17
|
$63.95 | Buy/Sell | $65.50 | -1.49% |
| SR Stock Forecast | Spire Inc | Outperform |
16
|
$61.40 | Buy/Sell | $62.50 | 4.23% |
| ALE Stock Forecast | ALLETE | Hold |
16
|
$59.02 | Buy/Sell | $59.73 | -0.03% |
New Jersey Resources EBIT Forecast for 2023 - 2025 - 2030
New Jersey Resources's EBIT has grown In the last three years, rising from $228.91M to $407.00M – a growth of 77.80%. In the next year, analysts believe that EBIT will reach $432.31M – an increase of 6.22%. For the next eight years, experts predict that New Jersey Resources's EBIT will grow at a rate of 39.97%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| PNM Stock Forecast | PNM Resources | Outperform |
16
|
$36.32 | Buy/Sell | $50.20 | 15.64% |
| NWE Stock Forecast | NorthWestern Energy Group | Hold |
17
|
$49.55 | Buy/Sell | $53.44 | 2.93% |
| AVA Stock Forecast | Avista | Hold |
17
|
$35.55 | Buy/Sell | $35.60 | -0.14% |
New Jersey Resources EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last four years, New Jersey Resources's EPS has decreased by 100.00%, going from $2.07 to $0.00. Next year, analysts are expecting EPS to reach $2.76 – an increase of 100.00%. Over the next nine years, the forecast is for EPS to grow by 100.00%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| ARLP Stock Forecast | Alliance Resource Partners, L.... | Buy |
17
|
$21.15 | Buy/Sell | $26.50 | 22.93% |
| CPK Stock Forecast | Chesapeake Utilities | Outperform |
16
|
$105.13 | Buy/Sell | $121.38 | 19.38% |
| MGEE Stock Forecast | MGE Energy | Sell |
14
|
$77.60 | Buy/Sell | $68.50 | -18.81% |
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