New Jersey Resources stock in March (2026) | Analysis, price target & growth

New Jersey Resources

NYSE:NJR

$ 54,67

+ $0,55 (1,02%)

54,67 $

+$0,55 (1,02%)

End-of-day quote: 03/26/2026

New Jersey Resources Stock Value

Analysts currently rate NYSE:NJR as Outperform.

Outperform

New Jersey Resources Company Info

EPS Growth 5Y

9,71%

Market Cap

$5,51 B

Long-Term Debt

$3,24 B

Short Interest

4,77%

Quarterly earnings

05/02/2026 (E)

Dividend

$1,92

Dividend Yield

3,51%

Founded

1922

Industry

Utilities

Country

United States

ISIN Number

US6460251068

Website

http://www.njresources.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$54,50

-0.31%

Last Update: 03/26/2026

Analysts: 6

Highest Price Target $63,00

Average Price Target $54,50

Lowest Price Target $51,00

In the last five quarters, New Jersey Resources’s Price Target has risen from $42,88 to $47,44 - a 10,63% increase. Six analysts predict that New Jersey Resources’s share price will fall in the coming year, reaching $54,50. This would represent a decrease of -0,31%.

Top growth stocks in the utilities sector (5Y.)

What does New Jersey Resources do?

New Jersey Resources Corporation engages in the regulated and unregulated sectors of the natural gas and clean energy markets. The company, the company provides a range of services and products in the energy sector. The company’s operations include natural gas distribution, investments in clean energy projects, wholesale and retail energy operations, and storage and transportation services. Through these segments, the company aims to deliver sustainable energy solutions while prioritizing shareh...

Business Segments

The company organizes its businesses based on various factors, encompassing products and the regulatory framework that shapes its operations. As a result, the company manages its business through distinct reporting segments that segment its various operations clearly. The primary segments include Natural Gas Distribution, Clean Energy Ventures, Energy Services, Storage and Transportation, and Home Services and Other operations.

Natural Gas Distribution is a major segment where the company engages in regulated energy services, covering supply to residential, commercial, and industrial customers. The scope includes off-system sales, capacity management, and storage to ensure reliable energy supply, adapting to seasonal variations in demand.

Clean Energy Ventures concentrates on investments in clean energy projects, indicating a commitment to innovation and sustainability. This segment aims to capitalize on opportunities within the renewable energy sector, including investing in solar and wind projects, thereby contributing to the transition towards cleaner energy consumption.

Energy Services represents the company's unregulated wholesale and retail operations, where it capitalizes on market opportunities outside the regulated framework. This segment includes offering a suite of services that cater to commercial and industrial clients, addressing diverse energy needs while maximizing efficiency and performance.

Storage and Transportation includes the strategic investments made by the company in natural gas transportation and storage infrastructure. This segment ensures the company can effectively manage the supply chain of natural gas, enhancing reliability and efficiency in energy distribution.

Home Services and Other operations encompass a range of services related to heating, cooling, and appliance installations. The company seeks to meet consumer needs beyond energy provision, offering home solutions that complement its core services, thus enhancing customer loyalty and revenue diversification.

Through these business segments, the company facilitates a comprehensive approach to energy services, preparing for an evolving market landscape focused on sustainability, resilience, and customer-centric solutions.

Business Strategy

The company strives to enhance its market position through a multi-faceted business strategy that emphasizes growth, sustainability, and customer satisfaction. Central to the strategy is the commitment to transitioning towards cleaner energy alternatives and investments in renewable energy projects. As energy demands shift towards more sustainable practices, the company prioritizes its clean energy ventures to stay ahead of industry trends.

Additionally, the company focuses on optimizing its operational efficiencies across all segments, ensuring a balance between regulatory compliance and cost management. The implementation of advanced technologies and modernization of infrastructure is pivotal, enabling the company to offer reliable services while maintaining flexibility amid market changes.

Products and Services

The company offers an extensive array of products and services across its various business segments, each tailored to meet the evolving needs of its diverse customer base. In the Natural Gas Distribution segment, the company supplies natural gas to residential, commercial, and industrial users, ensuring consistent and reliable energy delivery. It also engages in capacity management and storage services to enhance operational reliability.

Within Clean Energy Ventures, the company invests in renewable energy projects, which include solar and wind energy initiatives. Through these investments, the company not only meets growing energy demands but also supports the global initiative towards reducing carbon footprints and promoting sustainability.

In the Energy Services segment, the company offers tailored energy solutions that address the specific needs of commercial and industrial customers. This includes risk management services, energy efficiency assessments, and procurement strategies designed to help clients navigate the energy landscape while optimizing costs.

The Storage and Transportation segment emphasizes the company's capabilities in managing the logistics of natural gas transmission and storage. The company’s investments in pipelines and storage facilities ensure the efficient movement of gas to meet market demand promptly.

Home Services and Other operations feature a variety of offerings, including the sale and installation of heating, cooling, and water appliances. This segment aims to provide comprehensive solutions that enhance the comfort and efficiency of residential environments, further solidifying customer relationships.

Geographical Markets

The company primarily serves the northeastern region of the United States, particularly focusing on The company and surrounding states. This geographic concentration allows the company to leverage its operational efficiencies while closely engaging with local customers. The company continues to explore opportunities in adjacent markets, particularly where clean energy projects can be integrated with existing operations.

Seasonality

The company's operations are subject to seasonality, predominantly influenced by the demand for natural gas among residential heating users during the winter months. Seasonal fluctuations impact the consumption patterns of natural gas, resulting in variations in revenue streams across the fiscal year. The company proactively prepares for these seasonal changes through strategic inventory and capacity management to ensure continuity of supply and service delivery.

Customers

The company caters to a diverse range of customers, including residential, commercial, industrial, and renewable energy sectors. Major customer categories include heating and cooling service users, industrial manufacturers, and commercial businesses requiring wholesale energy solutions. The company serves hundreds of thousands of clients, maintaining a focus on delivering exceptional service and value to every segment.

This broad customer base underscores the company’s versatility and adaptability within the energy marketplace, enabling it to respond effectively to both regional and national energy needs.

Sales and Marketing

The company employs multiple modes of sales and marketing strategies that leverage both traditional and digital platforms. Direct sales to customers in the residential and business sectors are complemented by marketing campaigns focused on community engagement and education about energy conservation and clean energy solutions. Partnerships with local governments and participation in public initiatives further establish the company's presence in various communities.

The company utilizes data analytics to refine marketing strategies, ensuring targeted outreach and engagement with potential customers while enhancing overall customer experience and satisfaction.

History

New Jersey Resources Corporation was incorporated in 1981.

New Jersey Resources Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Energy Supply:** 60% **Renewable Energies:** 25% **Energy Services:** 15% **Top 3 Markets:** 1. **New Jersey:** 50% 2. **Pennsylvania:** 20% 3. **New York:** 15% New Jersey Resources Corporation (NJR) generates the majority of its revenues from energy supply, particularly through t...

At which locations are the company’s products manufactured?

**Production Sites:** New Jersey, USA New Jersey Resources Corporation (NJR) is primarily engaged in the energy supply sector, particularly in the distribution and transportation of natural gas. The company operates mainly in New Jersey, USA, where it offers its services and operates its infrastruc...

What strategy does New Jersey Resources pursue for future growth?

**Revenue Growth:** Estimated at 5-7% annually (based on historical data until 2023) **Investments in Renewable Energy:** Increase by 20% by 2025 (estimate) New Jersey Resources Corporation (NJR) pursues a strategy that strongly focuses on diversifying and expanding its renewable energy projects....

Which raw materials are imported and from which countries?

**Main Commodities:** Natural Gas **Countries of Origin:** USA, Canada New Jersey Resources Corporation (NYSE:NJR) is mainly active in the natural gas supply sector. The primary commodity that the company imports is natural gas. The main sources of natural gas are the USA itself, especially from t...

How strong is the company’s competitive advantage?

**Market share:** Estimated at 5-7% in the regional market (2025) **Customer loyalty:** Over 90% (2024) **Diversification:** 30% of revenue from renewable energies (2025) New Jersey Resources Corporation (NJR) possesses a significant competitive advantage, especially due to its strong market posi...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 70% (estimate based on historical data from 2023) **Insider Buys/Sells:** No significant changes in the last year (estimate based on historical trends) The institutional investor share at New Jersey Resources Corporation traditionally stands at aroun...

What percentage market share does New Jersey Resources have?

**Market share of New Jersey Resources Corporation (NJR):** Estimated 3-5% in the US utility sector (2025) **Top competitors and their market share:** 1. **Exelon Corporation:** Approx. 10-12% 2. **Duke Energy Corporation:** Approx. 8-10% 3. **NextEra Energy, Inc.:** Approx. 7-9% 4. **Southern Com...

Is New Jersey Resources stock currently a good investment?

**Revenue Growth:** 8% (2024) **Profit Growth:** 6% (2024) **Dividend Yield:** 3.2% (2024) New Jersey Resources Corporation (NJR) recorded a revenue growth of 8% in 2024, attributed to stable demand in its core markets and successful business expansions. Profit growth was at 6%, indicating efficien...

Does New Jersey Resources pay a dividend – and how reliable is the payout?

**Dividend Yield:** 3.2% (estimated for 2025) **Dividend History:** Continuous payout for over 20 years New Jersey Resources Corporation (NYSE:NJR) regularly pays out a dividend. The dividend yield is currently around 3.2%, which is competitive compared to other companies in the utilities secto...

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New Jersey Resources Stock Value

New Jersey Resources Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does New Jersey Resources do?

New Jersey Resources Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

New Jersey Resources Stock Value

New Jersey Resources Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does New Jersey Resources do?

New Jersey Resources Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.