Argus raises New Jersey Resources stock price target on guidance
Argus raised its price target for New Jersey Resources (NYSE:NJR) to $63 from $58, maintaining a Buy rating due to the utility's increased 2026 guidance and strong fiscal second-quarter earnings. The stock offers a 3.3% dividend yield, and the company is shifting towards clean energy. Despite InvestingPro's fair value analysis suggesting it's overvalued, Argus sees potential for moderate share price appreciation.
ProShare Advisors LLC Decreases Position in NewJersey Resources Corporation $NJR
ProShare Advisors LLC reduced its stake in NewJersey Resources Corporation (NYSE:NJR) by 4.9% in the fourth quarter, although institutional ownership remains high at 70.98%. Several analysts have issued positive ratings for NJR, with a consensus "Buy" and an average price target of $56.17, following the company's strong Q4 earnings beat and dividend announcement. Despite positive analyst sentiment and earnings, insiders have recently sold shares, though corporate insiders still own 0.70% of the company.
Is NewJersey Resources (NJR) Stock Outpacing Its Utilities Peers This Year?
New Jersey Resources (NJR) stock has significantly outperformed its Utilities sector peers and its specific industry group year-to-date, gaining 24.9% compared to the sector's 4.8%. The company holds a Zacks Rank #2 (Buy), supported by a 4% increase in its full-year earnings consensus estimate over the last 90 days. Sabesp (SBS) is another Utilities stock showing strong performance, up 22.6% year-to-date.
(NJR) and the Role of Price-Sensitive Allocations
This article provides an in-depth stock analysis for Newjersey Resources Corporation (NYSE: NJR), highlighting near-term strong sentiment transitioning to mid-term neutrality and long-term positive bias. It details exceptional risk-reward setups and outlines three distinct AI-generated institutional trading strategies (Position, Momentum Breakout, and Risk Hedging) with specific entry, target, and stop-loss levels. The analysis also includes a multi-timeframe signal breakdown for support and resistance levels.
NewJersey Resources Corporation (NJR) Hit a 52 Week High, Can the Run Continue?
NewJersey Resources Corporation (NJR) recently reached a 52-week high, raising questions about the sustainability of its stock performance. Investors are evaluating whether the company's current trajectory can continue or if a correction is imminent. The article discusses this recent peak and its implications for future stock movement.
World Investment Advisors Takes Position in NewJersey Resources Corporation $NJR
World Investment Advisors recently initiated a position in NewJersey Resources Corporation (NYSE:NJR), acquiring 41,715 shares valued at approximately $1.92 million. Despite significant insider selling totaling $1.24 million over 90 days, the company reported strong Q4 results with EPS of $2.20 and revenue of $939.4 million, exceeding expectations. NJR also declared a quarterly dividend of $0.475 per share, and analysts generally rate the stock as a "Buy" with an average target price of $56.17.
NewJersey Resources Corporation (NJR) Hit a 52 Week High, Can the Run Continue?
New Jersey Resources Corporation (NJR) recently hit a 52-week high of $57.91, outperforming both the Zacks Utilities sector and the Utility - Gas Distribution industry. The company has a strong record of positive earnings surprises and a favorable Zacks Rank of #2 (Buy), suggesting potential for continued growth. Investors are encouraged to consider the stock's valuation metrics and style scores, which indicate a balanced profile but not a top-tier value play.
NewJersey Resources Corporation Stock 12‑Month Price Target Cut to $61, Implies 6% Upside
NewJersey Resources Corporation (NJR) has seen its average 12-month price target reduced from $61.33 to $61 by 5 analysts, with a consensus range of $60 to $63 per share. This updated target suggests a 6% potential upside from the May 14 closing price. The stock maintains a "Buy" consensus rating from 7 analysts.
NewJersey Resources stock hits all-time high at 57.91 USD By Investing.com
NewJersey Resources (NJR) stock reached an all-time high of $57.85, matching its 52-week high, driven by strong market performance and investor confidence. The energy services company has shown a 1-year total return of 30.75% and has raised its dividend for 30 consecutive years. Despite being considered overvalued by InvestingPro, the company recently reported strong fiscal Q2 2026 financial results with EPS and revenue exceeding forecasts, and its subsidiary New Jersey Natural Gas appointed Helen Ayotte as VP of Engineering, Construction, and Asset Management.
NewJersey Resources stock hits all-time high at 57.91 USD
NewJersey Resources (NJR) stock has reached an all-time high of $57.85, a 30.75% increase over the past year, reflecting strong investor confidence. The company also reported robust Q2 2026 financial results, with EPS of $2.20 and revenue of $939.4 million, both exceeding expectations. Additionally, New Jersey Natural Gas, a subsidiary, appointed Helen Ayotte as VP of Engineering, Construction, and Asset Management.
New Jersey resources COO Migliaccio sells $167,505 in shares.
Patrick J. Migliaccio, COO of New Jersey Natural Gas, a subsidiary of New Jersey Resources Corp. (NYSE:NJR), sold 3,000 shares for $167,505 on May 11, 2026. This sale occurred while NJR stock was near its 52-week high, with an InvestingPro analysis suggesting the stock is overvalued. Despite the sale, Migliaccio retains over 35,000 shares, and the company recently reported strong Q2 2026 financial results, surpassing earnings and revenue expectations.
NJR (NYSE: NJR) executive sells 3,000 shares, retains 35k+ stake
Patrick J. Migliaccio, Senior VP and COO of NJNG, an executive at New Jersey Resources Corp (NJR), sold 3,000 shares of common stock on May 11, 2026, at an average price of $55.835 per share. Following this open-market transaction, Migliaccio directly holds 35,202.131 shares, maintaining a substantial stake in the company. The Filing Impact is noted as Moderate with a Negative Sentiment.
Wells Fargo initiates coverage of New Jersey Resources (NJR) with overweight recommendation
Wells Fargo has initiated coverage of New Jersey Resources (NJR) with an overweight recommendation. This indicates a positive outlook from the firm regarding the company's stock performance.
J.P. Morgan Private Bank (NJR) files Form 144 to sell 3,000 shares
J.P. Morgan Private Bank has filed a Form 144 to report a proposed sale of 3,000 shares of Common Stock in New Jersey Resources Corporation (NJR), with an aggregate amount of $167,321.54, dated May 11, 2026. The filing also detailed compensation-related stock grants from October 2024 and October 2025. This notice indicates a potential future market sale of shares for NJR.
Trade Alert: Independent Director Of New Jersey Resources Jane Kenny Has Sold Stock
New Jersey Resources (NJR) independent director Jane Kenny recently sold 3,000 shares of the company's stock at an average price of $43.90 per share, totaling $131,700. This transaction was reported on May 13, 2026, and follows other insider sales over the past year. Despite these sales, the company's stock has seen a 12% increase over the last twelve months, potentially indicating insider confidence in the stock's future performance.
Independent Director Jane Kenny Sold A Bunch Of Shares In New Jersey Resources
Independent Director Jane Kenny of New Jersey Resources Corporation recently sold US$449k worth of stock at US$56.10 per share, reducing her holding by 27%. This is the largest insider sale for the company in the past year, which generally suggests a negative outlook if insiders are selling below the current price. There have been no insider purchases in the last year, and despite insiders owning 0.6% of the company, the selling activity raises questions about the stock's future performance.
Earnings call transcript: New Jersey Resources Q2 2026 profits surge amid winter demand
New Jersey Resources (NJR) announced strong Q2 2026 financial results, with EPS significantly beating expectations at $2.20 and revenue surpassing forecasts. The company's performance was driven by high winter demand for natural gas and robust contributions from its Energy Services and New Jersey Natural Gas segments, leading to a second upward revision of its fiscal 2026 NFEPS guidance. Despite the positive earnings, NJR's stock experienced a slight after-hours decline, attributed to cautious investor sentiment and potential overvaluation concerns relative to its fair value.
Earnings call transcript: New Jersey Resources Q2 2026 profits surge amid winter demand
New Jersey Resources (NJR) reported strong financial results for Q2 2026, with EPS of $2.20 and revenue of $939.4 million, both significantly exceeding analyst expectations. The company attributes its success to a demanding winter with sustained freezing temperatures, driving record natural gas demand and strong performance across its Energy Services and New Jersey Natural Gas segments. NJR has raised its fiscal 2026 NFEPS guidance for the second time, reflecting continued outperformance, though its stock saw a minor post-earnings decline.
New Jersey Natural Gas Names Helen Ayotte Vice President of Engineering, Construction and Asset Management
New Jersey Natural Gas (NJNG) has appointed Helen Ayotte as Vice President of Engineering, Construction and Asset Management, succeeding John Wyckoff who is retiring. Ayotte will oversee critical engineering, construction, and asset management functions to ensure safe and reliable natural gas distribution. Her appointment is part of NJNG's strategy to continue prudent infrastructure investments and maintain operational excellence.
New Jersey Resources (NYSE: NJR) director sells 8,000 shares
Jane M. Kenny, a director at New Jersey Resources Corp (NYSE: NJR), sold 8,000 shares of common stock in an open-market transaction at $56.10 per share. Following this sale, her direct ownership in the company stands at 21,998 shares. The transaction, valued at approximately $448,800, was reported on a Form 4 regulatory filing.
New Jersey Resources director Jane Kenny sells $448,800 in stock
New Jersey Resources director Jane Kenny sold 8,000 shares of the company's common stock for $448,800 on May 8, 2026, with the stock trading near its 52-week high. Following this transaction, Ms. Kenny directly holds 21,998 shares. This sale comes after the company reported strong financial results for Q2 fiscal 2026, exceeding EPS and revenue expectations.
New Jersey Resources (NYSE:NJR) Stock Forecast & Analyst Predictions
New Jersey Resources (NJR) is forecast to see continued earnings and revenue growth, driven by strong performance in its Energy Services segment and a strategic pivot towards clean energy ventures, especially solar. The company has raised its fiscal year 2026 earnings guidance multiple times and maintains a long-term net financial earnings per share growth target of 7% to 9%. Analysts have largely bullish sentiments, increasing price targets, despite some concerns regarding the company's capital expenditures requiring increased debt, though its dividend remains covered by earnings.
New Jersey Resources (NJR) Reports Fiscal Q2 EPS Beat
New Jersey Resources (NJR) reported strong fiscal Q2 results, with adjusted EPS of $2.20 and revenue of $939.4M, both exceeding analyst estimates. The company raised its FY26 EPS guidance for the second time, attributing the success to effective hedging strategies at New Jersey Natural Gas and strong performance from its Energy Services segment. Mizuho analyst Gabriel Moreen increased the price target for NJR to $61, maintaining an Outperform rating.
[144] NEW JERSEY RESOURCES CORP SEC Filing
This article details a Form 144 SEC filing by New Jersey Resources Corp (NJR), indicating a proposed sale of securities under Rule 144. The filing was submitted on May 8, 2026, and includes information about the issuer, the securities to be sold (common stock acquired through stock compensation), and the broker involved. It provides a neutral impact and sentiment rating by Rhea-AI.
New Jersey Resources Corporation 2026 Q2 - Results - Earnings Call Presentation (NYSE:NJR) 2026-05-07
New Jersey Resources Corporation (NYSE:NJR) released its Q2 2026 earnings call presentation. The company reported an EPS of $2.20, beating estimates by $0.30, and revenue of $939.40M, surpassing expectations by $89.45M, representing a 2.89% year-over-year increase. The provided slide deck accompanied the earnings call for investors.
NJR lifts fiscal 2026 NFEPS guidance to $3.48-$3.62 driven by energy services
NJR (New Jersey Resources) has increased its fiscal 2026 Net Financial Earnings Per Share (NFEPS) guidance to a range of $3.48-$3.62. This upward revision is primarily attributed to strong performance and expectations from its energy services segment. The company's improved outlook reflects confidence in its operational strategies and market conditions impacting its energy businesses.
Strong Q2 Portends Continued Success For New Jersey Resources (NJR)
New Jersey Resources (NJR) is pursuing a clean energy pivot, committing over 60% of its CapEx through FY2030 to solar-focused ventures. The company reported strong Q2 results, exceeding EPS and revenue expectations, and subsequently increased its full-year EPS guidance. Despite high capital expenditures leading to increased debt, NJR maintains a reasonable valuation and growth potential, making it a buy recommendation, with debt ratios requiring careful monitoring.
New Jersey Resources Corporation (NYSE:NJR) Q2 2026 Earnings Call Transcript
New Jersey Resources (NJR) reported strong Q2 2026 results, driven by exceptional performance during a demanding winter period and outperformance in Energy Services. The company reaffirmed its long-term growth targets, supported by regulated utility investments, clear earnings visibility in Storage and Transportation, and a scaling Clean Energy Ventures portfolio. NJR also raised its fiscal 2026 NFEPS guidance for the second time and highlighted its strong balance sheet without needing additional equity.
NewJersey Resources Corporation $NJR Shares Sold by Vanguard Group Inc.
Vanguard Group Inc. reduced its stake in NewJersey Resources Corporation (NYSE:NJR) by 1.0% in the fourth quarter, selling 106,939 shares. Despite this, Vanguard still holds over 10% of the company's stock. Other institutional investors like MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., NewEdge Advisors LLC, UBS AM, Jane Street Group LLC, and Invesco Ltd. either increased their holdings or acquired new positions in NJR.
New Jersey Resources Q2 2026 slides: earnings beat drives guidance raise
New Jersey Resources (NYSE:NJR) reported strong Q2 fiscal 2026 results, beating analyst expectations with net financial earnings per share of $2.20 and revenue of $939.4 million. This performance led the company to raise its full-year NFEPS guidance for the second time to a range of $3.48-$3.63. The growth was primarily driven by the Energy Services segment, strong operational performance during winter, and strategic expansion in its utility, clean energy, and storage & transportation businesses.
New Jersey Resources Soars on Earnings Call Surge
New Jersey Resources Corporation (NJR) reported a dramatic surge in Q2 FY2026 net financial earnings, reaching $221.5 million, or $2.20 per share, an increase of over 1100% year-over-year. This strong performance led management to raise its fiscal 2026 net financial earnings per share guidance for the second time this year. The company highlighted robust growth in its Energy Services segment, strong utility operations, and expanding clean energy and infrastructure platforms, despite acknowledging regulatory and execution risks, particularly with its large multi-year capital program.
NewJersey Resources (NYSE:NJR) Reaches New 1-Year High on Strong Earnings
NewJersey Resources (NYSE:NJR) reached a new 52-week high after reporting stronger-than-expected quarterly earnings and revenue, and setting positive FY2026 guidance. The company also announced a quarterly dividend. Analysts maintain a "Buy" rating with several upgrades, despite recent insider share sales.
NJR: Raised fiscal 2026 earnings guidance after strong winter results and Energy Services outperformance
NewJersey Resources Corporation (NJR) reported a sharp increase in second-quarter net financial earnings, driven by strong performance in its Energy Services segment and robust winter demand. Consequently, NJR has once again raised its fiscal 2026 Net Financial Earnings Per Share (NFEPS) guidance, citing strong capital deployment and continuous growth in its utility and clean energy sectors. This positive outlook is based on their Q2 2026 audio transcript.
New Jersey Resources | 8-K: NEW JERSEY RESOURCES REPORTS -QUARTER RESULTS FISCAL 2026 SECOND
This article is an 8-K filing from New Jersey Resources, reporting its second-quarter results for fiscal year 2026. The 8-K form is used to announce major events that shareholders should know about.
Should Stronger Earnings and Vanguard’s 5% Stake Require Action From New Jersey Resources (NJR) Investors?
New Jersey Resources recently reported improved second-quarter and six-month financial results, with increased sales, net income, and earnings per share. Concurrently, Vanguard entities accumulated over a 5% stake in the company, signaling sustained institutional interest. While these positive developments support New Jersey Resources' current investment thesis, the company's reliance on natural gas and potential policy shifts indicate ongoing risks that investors should consider.
Press Release: New Jersey Resources Reports Fiscal 2026 Second-Quarter Results
This press release details New Jersey Resources' (NJR) financial results for the second quarter of fiscal 2026. The report includes key earnings figures, operational highlights from its various segments such as natural gas distribution, energy services, and clean energy ventures, and an updated financial outlook for the fiscal year. Investors will find information on net financial earnings and capital expenditures.
NewJersey Resources (NYSE:NJR) Releases Earnings Results, Beats Estimates By $0.31 EPS
NewJersey Resources (NYSE:NJR) recently announced its quarterly earnings, reporting $2.20 EPS against an estimated $1.89, alongside $939.4 million in revenue, surpassing analyst expectations. The company also raised its FY2026 EPS guidance to $3.48-$3.63 and declared a quarterly dividend of $0.475 per share. Analysts generally rate the stock as a "Buy" with a consensus price target of $54.50, despite recent insider share sales.
Earnings Flash (NJR) New Jersey Resources Corporation Posts Q2 Adjusted EPS $2.20 per Share, vs. FactSet Est of $1.90
New Jersey Resources Corporation (NJR) reported Q2 adjusted EPS of $2.20 per share, surpassing FactSet's estimate of $1.90. This financial update indicates a stronger-than-expected quarterly performance for the natural gas utility company.
New Jersey Resources earnings on deck as Energy Services eyed
New Jersey Resources Corporation is set to report its fiscal second-quarter results, with analysts anticipating increased earnings per share and revenue driven by the winter heating season. Investors will closely watch the performance of the Energy Services segment and updates on the company's full-year guidance and Storage & Transportation growth initiatives. The company had previously raised its guidance after a strong first quarter, and Monday's results will indicate if this optimism is justified.
Mizuho Maintains an Outperform Rating on New Jersey Resources Corporation (NJR)
Mizuho analyst Gabriel Moreen maintained an "Outperform" rating on New Jersey Resources Corporation (NJR) and raised its price target to $61 from $54, citing strong profit expectations for 2026 and anticipated growth in Energy Services. The company also announced a quarterly dividend of $0.475 per share, continuing its 30-year trend of annual dividend increases, and reaffirmed its fiscal 2026 NFEPS forecast.
Mizuho Maintains an Outperform Rating on New Jersey Resources Corporation (NJR)
Mizuho analyst Gabriel Moreen reaffirmed an "Outperform" rating on New Jersey Resources Corporation (NYSE:NJR), raising the price target to $61 from $54 due to increased profit expectations and anticipated strong performance in Energy Services. The company also declared a quarterly dividend of $0.475 per share, payable July 1, 2026, marking continuous dividend payments since 1952 with 30 years of annual increases. New Jersey Resources projected a fiscal 2026 NFEPS forecast of $3.03 to $3.18, with a long-term growth target of 7% to 9%.
New Dividend and Earnings Momentum Might Change The Case For Investing In New Jersey Resources (NJR)
New Jersey Resources (NJR) recently declared a quarterly dividend of US$0.475 per share, payable on July 1, 2026. This decision, along with analysts' positive earnings expectations and an Earnings ESP, is drawing investor attention ahead of its May 4, 2026 earnings release. The company has also raised its FY2026 NFEPS guidance to US$3.28 to US$3.43, alongside a reiterated long-term growth target of 7% to 9%.
New Jersey Resources (NJR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
New Jersey Resources (NJR) is anticipated to surpass its earnings estimates for the quarter ending March 2026, despite projected year-over-year declines in both earnings and revenue. This expectation is driven by a positive Zacks Earnings ESP of +15.72% and a Zacks Rank #2, suggesting a high probability of an earnings beat. Investors will be watching the upcoming earnings report on May 4th to see how actual results compare to these optimistic forecasts.
New Jersey Resources Q3 2025 Earnings Preview
This article provides a preview of New Jersey Resources' Q3 2025 earnings. It discusses expectations for the company's financial performance in the upcoming quarter.
NewJersey Resources (NJR) to Release Earnings on Monday
NewJersey Resources (NJR) is scheduled to release its Q2 2026 earnings after market close on Monday, May 4th, with analysts forecasting $1.74 EPS and $840.95 million in revenue. The company previously exceeded estimates in Q1, reporting $1.17 EPS against a $0.95 expectation. NJR also announced a quarterly dividend of $0.475 per share, and recent insider transactions indicate some share sales by executives.
New Jersey Resources Q3 2025 Earnings Preview
This article provides a preview of New Jersey Resources' (NJR) upcoming Q3 2025 earnings report. Analysts expect the company to post earnings per share (EPS) of $0.01. Key financial data and analyst ratings will be closely watched when the results are released.
9 Best Hydrogen and Fuel Cell Stocks to Buy Now
The article discusses New Jersey Resources Corporation (NYSE: NJR) as one of the hydrogen and fuel cell stocks to consider. Mizuho analyst Gabriel Moreen raised NJR's price target to $61, maintaining an "Outperform" rating, and the company also declared a quarterly dividend. While acknowledging NJR's potential, the article suggests that certain AI stocks may offer higher returns and lower downside risk.
Understanding the Setup: (NJR) and Scalable Risk
Newjersey Resources Corporation (NJR) is showing neutral near and mid-term readings, despite a long-term positive bias, with its resistance currently being tested. The AI models have identified an exceptional 22.1:1 risk-reward short setup, targeting a 6.3% downside against a 0.3% risk. Institutional trading strategies are provided, including position trading, momentum breakout, and risk hedging, to manage different risk profiles.
J.P. Morgan Maintains New Jersey Resources(NJR.US) With Buy Rating, Raises Target Price to $61
J.P. Morgan has reiterated its Buy rating for New Jersey Resources (NJR.US) and increased the target price to $61. This indicates a positive outlook from the investment bank regarding the company's stock performance.
New Jersey Resources Balances Marsh Restoration Donation With Dividend And Valuation Context
New Jersey Resources (NYSE:NJR) has donated $35,000 for marsh restoration and climate resilience, demonstrating its commitment to environmental stewardship. This initiative comes as the company maintains a quarterly dividend of $0.475 per share, balancing cash returns to shareholders with environmental investments. Investors should consider the company's P/E ratio, forecast earnings growth, and debt coverage when evaluating its long-term financial stability and sustainability efforts.
