Mizuho has upgraded New Jersey Resources Corp (NJR) to Outperform from Neutral as of December 16, 2025. The stock is currently priced at $47.42.
This upgrade underscores a more optimistic outlook on the company's future prospects. New Jersey Resources Corp operates in the utilities sector, providing regulated natural gas distribution, transmission, and storage services. The firm also engages in several unregulated businesses, including solar project investments through its Clean Energy Ventures division.
As of November 25, 2025, New Jersey Resources Corp reported a market capitalization of $4.9 billion, a P/E ratio of 11.88, and an EPS of 4.09. The company has a notable dividend yield of 393.5%. Upcoming earnings are anticipated on August 3, 2026, with an estimated EPS of $0.16 and revenue of $353.9 million.
Analyst consensus currently indicates 4 Strong Buy, 4 Buy, and 3 Hold ratings, reflecting a general sentiment of Buy among analysts. Recent performance has shown mixed results, with Q4 2025 EPS reported at $0.16, falling short of expectations by 10.4%.
Such decisions reflect a shift in analyst sentiment, which can be influenced by various factors including improved fundamentals or business performance. Analyst ratings serve as one of many inputs for investment considerations, along with company fundamentals and market trends.