Mizuho Highlights Strong Fundamentals and Attractive Valuation for New Jersey Resources (NJR)

1 week ago 4

Sheryar Siddiq

Fri, January 2, 2026 astatine 9:50 AM CST 2 min read

New Jersey Resources Corporation (NYSE:NJR) ranks among the best hydrogen and substance compartment stocks to bargain for 2026. On December 17, Mizuho upgraded New Jersey Resources Corporation (NYSE:NJR) from Neutral to Outperform, lifting its terms people to $54 from $51. The standing summation is based connected charismatic valuation and coagulated fundamentals, with Mizuho stating that NJR trades astatine a 23% discount compared to its section organisation adjacent radical based connected 2028 statement expectations.

Mizuho claims New Jersey Resources Corporation (NYSE:NJR) is mostly protected from regulatory issues that impact different in-state powerfulness companies, which are nether scrutiny for affordability. The steadfast noted affirmative maturation outlooks for NJR’s S&T and CEV divisions successful its fiscal fourth-quarter 2025 results, with the CEV part apt benefiting from in-state procreation requirements.

New Jersey Resources Corporation (NYSE:NJR) announced mixed fiscal results for the fiscal 4th fourth of 2025. The institution posted net per stock of $0.16, which was little than the expected $0.19, resulting successful a 15.79% antagonistic surprise. Despite this, New Jersey Resources Corporation (NYSE:NJR) exceeded projected revenues, posting $336.08 cardinal alternatively of the expected $307.19 million.

A diversified vigor holding company, New Jersey Resources Corporation (NYSE:NJR) provides regulated earthy state distribution, transmission, and retention services alongside unregulated cleanable vigor operations.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.


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