Mizuho Maintains an Outperform Rating on New Jersey Resources Corporation (NJR)

New Jersey Resources Corporation (NYSE:NJR) is one of the 9 Best Hydrogen and Fuel Cell Stocks to Buy Now.

On April 21, 2026, Mizuho analyst Gabriel Moreen increased New Jersey Resources Corporation (NYSE:NJR)’s price objective to $61 from $54. It maintained an “Outperform rating” on the shares. Moreen upgraded 2026 profit expectations to the high end of the company’s guidance and predicted another strong quarter in Energy Services due to spikes in natural gas price volatility.

Separately, New Jersey Resources Corporation (NYSE:NJR) declared a quarterly dividend of $0.475 per share, payable July 1, 2026, to shareholders of record on June 10, based on a corporate statement issued on April 15. The firm stated that it had paid dividends continuously since 1952, with annual increases for the past 30 years.

Mizuho Maintains an Outperform Rating on New Jersey Resources Corporation (NJR)

New Jersey Resources Corporation (NYSE:NJR) also provided a fiscal 2026 NFEPS forecast of “$3.03 to $3.18,” with a long-term growth target of 7% to 9% from a $2.83 fiscal 2025 base.

New Jersey Resources Corporation (NYSE:NJR) is a holding company. It provides regulated natural gas distribution, transmission, and storage services, as well as certain unregulated enterprises. It works in five segments: natural gas distribution, clean energy ventures, energy services, storage and transportation, and home services and other.

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