Northwest Natural (NYSE:NWN – Get Free Report) updated its FY25 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $2.75-2.95 for the period, compared to the consensus estimate of $2.88. Northwest Natural also updated its FY 2025 guidance to 2.750-2.950 EPS.
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus lowered their price target on shares of Northwest Natural from $45.00 to $44.00 and set a “buy” rating on the stock in a report on Thursday, November 14th.
View Our Latest Stock Analysis on NWN
Northwest Natural Trading Down 0.8 %
Northwest Natural (NYSE:NWN – Get Free Report) last posted its earnings results on Friday, February 28th. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.01). Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. The firm had revenue of $370.90 million for the quarter, compared to analysts’ expectations of $395.05 million. During the same period in the previous year, the company earned $1.21 earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. As a group, equities analysts forecast that Northwest Natural will post 2.33 EPS for the current fiscal year.
Northwest Natural Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a dividend of $0.49 per share. The ex-dividend date was Friday, January 31st. This represents a $1.96 annualized dividend and a dividend yield of 4.80%. Northwest Natural’s dividend payout ratio (DPR) is presently 92.45%.
Insider Buying and Selling
In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $40.97, for a total value of $307,275.00. Following the completion of the sale, the chief executive officer now owns 130,242 shares in the company, valued at approximately $5,336,014.74. This represents a 5.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 23,009 shares of company stock worth $936,978 in the last 90 days. Insiders own 0.84% of the company’s stock.
About Northwest Natural
Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. The company operates a mist gas storage facility contracted to other utilities, third-party marketers, and electric generators; offers natural gas asset management services; and operates an appliance retail center.
Featured Stories
- Five stocks we like better than Northwest Natural
- Breakout Stocks: What They Are and How to Identify Them
- Realty Income: An Anchor in Volatile Markets
- The Significance of Brokerage Rankings in Stock Selection
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- What to Know About Investing in Penny Stocks
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
Receive News & Ratings for Northwest Natural Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northwest Natural and related companies with MarketBeat.com's FREE daily email newsletter.