NorthWestern (NASDAQ:NWE – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 3.680-3.830 for the period, compared to the consensus EPS estimate of 3.740. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of NorthWestern in a report on Tuesday, May 26th. Wells Fargo & Company reiterated an “underweight” rating and issued a $54.00 price target on shares of NorthWestern in a report on Tuesday, April 21st. LADENBURG THALM/SH SH raised NorthWestern from a “neutral” rating to a “buy” rating and upped their price target for the company from $56.00 to $75.50 in a research report on Wednesday, April 1st. JPMorgan Chase & Co. boosted their target price on shares of NorthWestern from $64.00 to $67.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Finally, Barclays increased their target price on shares of NorthWestern from $62.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $68.30.
Check Out Our Latest Stock Report on NWE
NorthWestern Stock Up 0.9%
NorthWestern (NASDAQ:NWE – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.02. NorthWestern had a return on equity of 7.80% and a net margin of 10.21%.The business had revenue of $516.60 million for the quarter. During the same period last year, the business posted $1.22 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Analysts predict that NorthWestern will post 3.75 EPS for the current year.
NorthWestern Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.68 annualized dividend and a dividend yield of 3.8%. NorthWestern’s payout ratio is 98.53%.
Institutional Trading of NorthWestern
Several hedge funds have recently bought and sold shares of NWE. Allworth Financial LP increased its stake in shares of NorthWestern by 263.3% in the third quarter. Allworth Financial LP now owns 436 shares of the company’s stock valued at $26,000 after purchasing an additional 316 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in NorthWestern by 3,221.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 465 shares of the company’s stock worth $27,000 after acquiring an additional 451 shares during the period. PenderFund Capital Management Ltd. bought a new position in shares of NorthWestern in the third quarter worth $37,000. Daiwa Securities Group Inc. increased its holdings in shares of NorthWestern by 34.3% during the second quarter. Daiwa Securities Group Inc. now owns 845 shares of the company’s stock valued at $43,000 after purchasing an additional 216 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of NorthWestern by 31.1% during the third quarter. Parallel Advisors LLC now owns 1,074 shares of the company’s stock valued at $63,000 after purchasing an additional 255 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors.
About NorthWestern
NorthWestern Corporation (NASDAQ: NWE) is a regulated energy company that delivers electricity and natural gas to residential, commercial and industrial customers. Through its Electric Operations and Gas Operations segments, the company operates an extensive network of distribution lines, substations and pipelines. NorthWestern’s services encompass the delivery of power sourced from regional transmission systems and the procurement, storage and distribution of natural gas to end users.
Electric delivery services include the management of distribution infrastructure, customer metering and system reliability programs.
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