New Jersey Resources Corporation

NYSE:NJR Stock Report

Market Cap: US$5.5b

New Jersey Resources Future Growth

Future criteria checks 1/6

New Jersey Resources is forecast to grow earnings and revenue by 6.9% and 3.2% per annum respectively. EPS is expected to grow by 6.6% per annum. Return on equity is forecast to be 13.6% in 3 years.

Key information

6.9%

Earnings growth rate

6.63%

EPS growth rate

Gas Utilities earnings growth9.5%
Revenue growth rate3.2%
Future return on equity13.56%
Analyst coverage

Low

Last updated12 Feb 2026

Recent future growth updates

Recent updates

New Jersey Resources: Consistency At The Core, Optional Growth At The Edges

Feb 08

New Jersey Resources (NYSE:NJR) Ticks All The Boxes When It Comes To Earnings Growth

Jan 12
New Jersey Resources (NYSE:NJR) Ticks All The Boxes When It Comes To Earnings Growth

We Like These Underlying Return On Capital Trends At New Jersey Resources (NYSE:NJR)

Nov 03
We Like These Underlying Return On Capital Trends At New Jersey Resources (NYSE:NJR)

Is New Jersey Resources Corporation (NYSE:NJR) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 10
Is New Jersey Resources Corporation (NYSE:NJR) Expensive For A Reason? A Look At Its Intrinsic Value

Impressive Earnings May Not Tell The Whole Story For New Jersey Resources (NYSE:NJR)

Aug 13
Impressive Earnings May Not Tell The Whole Story For New Jersey Resources (NYSE:NJR)

New Jersey Resources (NYSE:NJR) Is Doing The Right Things To Multiply Its Share Price

Jul 10
New Jersey Resources (NYSE:NJR) Is Doing The Right Things To Multiply Its Share Price

Here's Why We Think New Jersey Resources (NYSE:NJR) Might Deserve Your Attention Today

Jun 24
Here's Why We Think New Jersey Resources (NYSE:NJR) Might Deserve Your Attention Today

New Jersey Resources Corporation's (NYSE:NJR) Prospects Need A Boost To Lift Shares

Apr 30
New Jersey Resources Corporation's (NYSE:NJR) Prospects Need A Boost To Lift Shares

Is New Jersey Resources (NYSE:NJR) A Risky Investment?

Apr 01
Is New Jersey Resources (NYSE:NJR) A Risky Investment?

New Jersey Resources (NYSE:NJR) Might Have The Makings Of A Multi-Bagger

Mar 19
New Jersey Resources (NYSE:NJR) Might Have The Makings Of A Multi-Bagger

With EPS Growth And More, New Jersey Resources (NYSE:NJR) Makes An Interesting Case

Mar 05
With EPS Growth And More, New Jersey Resources (NYSE:NJR) Makes An Interesting Case

New Jersey Resources: Still A Buy After Its Recent Dividend Hike

Oct 11
User avatar

NJR's Tactical Shift To Clean Energy And Efficiency Aims For Robust Growth And Stability

Anticipated resolution of rate case by end of 2024 may stabilize the regulatory environment and improve financial stability, enhancing investor confidence.

New Jersey Resources: This Dividend Champion Looks Like A Buy Right Now

Jul 10

New Jersey Resources Corporation: Fantastic Dividend Payer Likely To Stay That Way

Feb 15

Earnings and Revenue Growth Forecasts

NYSE:NJR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/20282,330379436854
9/30/20272,294346-2116005
9/30/20262,220326-2885165
12/31/20252,153327-186502N/A
9/30/20252,036336-194466N/A
6/30/20252,096412-118450N/A
3/31/20252,073415-66503N/A
12/31/20241,818332-186372N/A
9/30/20241,797290-96427N/A
6/30/20241,732236-61454N/A
3/31/20241,7212491474N/A
12/31/20231,707238147614N/A
9/30/20231,963265-21479N/A
6/30/20232,397282-22476N/A
3/31/20232,685294-185336N/A
12/31/20222,954280-271272N/A
9/30/20222,906275-236323N/A
6/30/20222,673219-311285N/A
3/31/20222,48894-272365N/A
12/31/20212,378148-313322N/A
9/30/20212,157118-183391N/A
6/30/20212,024152-125372N/A
3/31/20211,956244-70391N/A
12/31/20201,793168-136288N/A
9/30/20201,954163-235213N/A
6/30/20202,033148-306211N/A
3/31/20202,169159-314201N/A
12/31/20192,395159-263256N/A
9/30/20192,592124N/A194N/A
6/30/20192,760135N/A172N/A
3/31/20192,869129N/A258N/A
12/31/20183,022196N/A317N/A
9/30/20182,915233N/A398N/A
6/30/20182,804213N/A418N/A
3/31/20182,718246N/A389N/A
12/31/20172,433221N/A271N/A
9/30/20172,269132N/A248N/A
6/30/20172,201194N/A269N/A
3/31/20172,137158N/A196N/A
12/31/20161,978116N/A133N/A
9/30/20161,881132N/A143N/A
6/30/20161,850110N/A105N/A
3/31/20161,915120N/A182N/A
12/31/20152,354108N/A314N/A
9/30/20152,734181N/A391N/A
6/30/20152,888152N/A363N/A
3/31/20153,117146N/A300N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NJR's forecast earnings growth (6.9% per year) is above the savings rate (3.4%).

Earnings vs Market: NJR's earnings (6.9% per year) are forecast to grow slower than the US market (15.6% per year).

High Growth Earnings: NJR's earnings are forecast to grow, but not significantly.

Revenue vs Market: NJR's revenue (3.2% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: NJR's revenue (3.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NJR's Return on Equity is forecast to be low in 3 years time (13.6%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/15 02:20
End of Day Share Price 2026/02/13 00:00
Earnings2025/12/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

New Jersey Resources Corporation is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Jim HarmonBarclays
Richard GrossBarclays