49.85
price up icon2.17%   1.06
after-market After Hours: 49.85
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New Jersey Resources Corporation Stock (NJR) Forecast

The New Jersey Resources Corporation (NJR) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $36.92, representing a -25.94% decrease from the current price of $49.85. The highest analyst price target is $38.96, and the lowest is $34.87.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month NJR Price Target
Average 28.25 (-43.33% Downside)
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Is New Jersey Resources Corporation (NJR) A Buy Now?

Oscillators
Name Value Action
RSI(14) 72.35 Sell
STOCH(9,6) 90.33 Sell
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.7027 Buy
ADX(14) 21.16 Neutral
William %R -2.499 Sell
CCI(14) 155.62 Buy
Buy: 2 Sell: 4 Neutral: 1
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
48.10
Buy
48.21
Buy
MA20
47.05
Buy
47.54
Buy
MA50
46.85
Buy
46.82
Buy
MA100
46.11
Buy
46.06
Buy
MA200
44.41
Buy
45.09
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, NJR could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 4 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on NJR, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 72.35 indicates that NJR is overbought. This suggests that NJR price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 90.33 indicates that NJR is oversold. This means that NJR price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that NJR is oversold. This suggests that NJR price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 21.16 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 155.62 indicates that NJR is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term NJR price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about New Jersey Resources Corporation financial reports and earnings history, New Jersey Resources Corporation (NJR) stock could reach $39.17 by 2030, $40.75 by 2040 and $20.26 by 2050. See the projected annual prices until 2050 of the New Jersey Resources Corporation stock below:

  • New Jersey Resources Corporation (NJR) is expected to reach an average price of $32.81 in 2035, with a high prediction of $33.57 and a low estimate of $30.37. This indicates an $-34.19% rise from the last recorded price of $49.85.
  • New Jersey Resources Corporation (NJR) stock is projected to chart a bullish course in 2040, with an average price target of $36.56, representing an $-26.66% surge from its current level. The forecast ranges from a conservative $35.56 to a sky-high $40.75.
  • Our analysts predict New Jersey Resources Corporation (NJR) to jump -62.71% by 2045, soaring from $18.18 to an average price of $18.59, potentially reaching $25.26. While $18.18 is the low estimate, the potential upside is significant.
  • New Jersey Resources Corporation (NJR) stock is expected to climb by 2050, reaching an average of $17.64, a $-64.62% jump from its current level. However, a wide range of estimates exists, with high and low targets of $20.26 and $16.34, respectively, highlighting the market's uncertainty.

New Jersey Resources Corporation Stock (NJR) Year by Year Forecast

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2024

Our forecast for NJR stock price in 2024 now indicates an average price target of $40.35 with a high forecast of $45.83 and a low forecast of $34.87. The average prediction reflects an decrease of -19.05% from the last recorded price of $49.85.
Month Average Low High Change from today's price
December, 2024 $37.30 $34.87 $38.96 -25.17%

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2025

New Jersey Resources Corporation Stock (NJR) is expected to reach an average price of $28.25 in 2025, with a high prediction of $40.32 and a low estimate of $16.18. This indicates an -43.33% fall from the last recorded price of $49.85.
Month Average Low High Change from today's price
January, 2025 $38.72 $36.77 $40.32 -22.32%
February, 2025 $35.82 $35.44 $39.17 -28.15%
March, 2025 $29.55 $29.49 $38.35 -40.72%
April, 2025 $27.84 $16.18 $33.54 -44.16%
May, 2025 $25.96 $23.60 $30.78 -47.91%
June, 2025 $24.68 $23.24 $31.17 -50.49%
July, 2025 $26.27 $24.51 $32.52 -47.30%
August, 2025 $25.67 $24.40 $27.81 -48.50%
September, 2025 $27.01 $24.92 $27.58 -45.82%
October, 2025 $24.44 $24.15 $28.39 -50.97%
November, 2025 $21.68 $20.53 $24.68 -56.51%
December, 2025 $23.85 $21.09 $25.66 -52.16%

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2026

The predicted value for New Jersey Resources Corporation (NJR) in 2026 is set at an average of $31.41. Estimates vary from a peak of $39.15 to a trough of $23.67, indicating an -36.99% surge from the present price of $49.85.
Month Average Low High Change from today's price
January, 2026 $31.19 $23.67 $33.00 -37.44%
February, 2026 $29.33 $27.08 $30.88 -41.17%
March, 2026 $32.42 $27.17 $33.00 -34.96%
April, 2026 $34.30 $29.03 $34.74 -31.18%
May, 2026 $36.32 $33.43 $37.28 -27.14%
June, 2026 $35.53 $33.96 $36.54 -28.72%
July, 2026 $37.90 $35.31 $38.67 -23.97%
August, 2026 $38.89 $36.88 $38.96 -21.99%
September, 2026 $34.93 $33.58 $39.15 -29.93%
October, 2026 $33.83 $32.23 $35.47 -32.14%
November, 2026 $32.11 $31.45 $33.93 -35.59%
December, 2026 $29.60 $29.19 $33.14 -40.63%

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for New Jersey Resources Corporation (NJR) is $35.98, with a high forecast of $42.35 and a low forecast of $29.62. This indicates an -27.82% decrease from the last price of $49.85.
Month Average Low High Change from today's price
January, 2027 $32.73 $29.62 $33.78 -34.35%
February, 2027 $33.01 $31.99 $34.36 -33.77%
March, 2027 $35.15 $31.57 $35.58 -29.48%
April, 2027 $34.02 $32.99 $36.14 -31.75%
May, 2027 $34.81 $32.61 $35.40 -30.17%
June, 2027 $40.08 $34.19 $40.13 -19.60%
July, 2027 $40.70 $37.46 $41.55 -18.36%
August, 2027 $40.70 $39.94 $42.35 -18.36%
September, 2027 $41.14 $37.20 $41.45 -17.48%
October, 2027 $36.20 $35.86 $42.02 -27.39%
November, 2027 $38.58 $35.87 $40.38 -22.62%
December, 2027 $41.39 $37.05 $41.63 -16.98%

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2028

In 2028, New Jersey Resources Corporation (NJR) is projected to reach an average price of $41.89, with a high projection of $50.81 and a low estimate of $32.98. This indicates an -15.96% fall from the last price of $49.85.
Month Average Low High Change from today's price
January, 2028 $39.39 $38.78 $42.32 -20.97%
February, 2028 $33.60 $33.50 $41.00 -32.59%
March, 2028 $39.55 $32.98 $40.23 -20.66%
April, 2028 $44.56 $37.66 $45.03 -10.61%
May, 2028 $44.57 $42.54 $46.35 -10.59%
June, 2028 $44.48 $43.47 $46.53 -10.77%
July, 2028 $46.28 $43.25 $48.48 -7.17%
August, 2028 $44.59 $44.24 $47.18 -10.55%
September, 2028 $49.76 $44.27 $50.20 -0.19%
October, 2028 $45.86 $44.65 $50.81 -8.01%
November, 2028 $45.35 $42.94 $46.13 -9.04%
December, 2028 $42.19 $40.85 $45.71 -15.36%

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2029

The 2029 price forecast for New Jersey Resources Corporation Stock (NJR) is $38.29 on average, with a high prediction of $42.63 and a low estimate of $33.95. This represents an -23.20% decrease from the previous price of $49.85.
Month Average Low High Change from today's price
January, 2029 $39.70 $39.36 $42.63 -20.35%
February, 2029 $37.45 $37.14 $40.10 -24.87%
March, 2029 $38.56 $36.08 $38.80 -22.65%
April, 2029 $37.08 $33.95 $38.53 -25.62%
May, 2029 $36.07 $35.34 $38.87 -27.64%
June, 2029 $38.05 $35.63 $38.34 -23.67%
July, 2029 $39.64 $37.90 $40.92 -20.49%
August, 2029 $35.90 $35.78 $40.89 -27.99%
September, 2029 $36.50 $34.51 $37.71 -26.79%
October, 2029 $37.14 $35.59 $38.63 -25.51%
November, 2029 $38.45 $35.71 $38.48 -22.86%
December, 2029 $38.56 $37.51 $39.74 -22.65%

New Jersey Resources Corporation Stock (NJR) Price Forecast for 2030

New Jersey Resources Corporation Stock (NJR) is expected to reach an average price of $25.49 in 2030, with a high forecast of $40.21 and a low forecast of $10.77. This signifies an -48.87% decrease from the last price of $49.85.
Month Average Low High Change from today's price
January, 2030 $39.00 $35.33 $39.17 -21.76%
February, 2030 $38.82 $37.96 $40.21 -22.13%
March, 2030 $39.09 $38.00 $39.65 -21.58%
April, 2030 $34.86 $32.95 $39.50 -30.07%
May, 2030 $34.44 $32.75 $35.41 -30.91%
June, 2030 $33.31 $31.78 $34.87 -33.17%
July, 2030 $31.97 $29.42 $33.68 -35.86%
August, 2030 $34.71 $30.58 $34.89 -30.37%
September, 2030 $31.87 $31.21 $34.52 -36.07%
October, 2030 $32.60 $29.73 $33.75 -34.61%
November, 2030 $20.80 $17.74 $32.94 -58.27%
December, 2030 $19.64 $10.77 $23.71 -60.61%
utilities_regulated_gas SR
$70.66
price up icon 3.32%
utilities_regulated_gas OGS
$76.88
price up icon 1.10%
utilities_regulated_gas BKH
$63.29
price up icon 1.38%
utilities_regulated_gas UGI
$24.78
price up icon 1.93%
utilities_regulated_gas CPK
$130.39
price up icon 1.06%
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