Is New Jersey Resources Corporation overvalued?

New Jersey Resources Corporation (NJR) looks fairly valued — trading about 2% below its fair value.

Fairly valued

Price

$55.54

Fair value

$56.41

Current P/E

15.5

Normal P/E

15.7

Market cap

$5.61B

Dividend yield

3.5%

Return on equity

14.4%

Sector

Utilities

Fair value compares NJR's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.

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