What is KeyCorp’s Forecast for NorthWestern Q3 Earnings?

NorthWestern Corporation (NASDAQ:NWE) – KeyCorp issued their Q3 2026 earnings per share (EPS) estimates for shares of NorthWestern in a research note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp forecasts that the company will post earnings per share of $0.79 for the quarter. The consensus estimate for NorthWestern’s current full-year earnings is $3.75 per share. KeyCorp also issued estimates for NorthWestern’s Q4 2026 earnings at $1.24 EPS.

NWE has been the topic of several other research reports. Wells Fargo & Company restated an “underweight” rating and set a $54.00 price objective on shares of NorthWestern in a report on Tuesday, April 21st. Weiss Ratings upgraded shares of NorthWestern from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. raised their target price on shares of NorthWestern from $73.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Barclays lifted their target price on shares of NorthWestern from $62.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, April 20th. Finally, LADENBURG THALM/SH SH upgraded shares of NorthWestern from a “neutral” rating to a “buy” rating and boosted their price target for the company from $56.00 to $75.50 in a report on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $70.10.

NorthWestern Trading Up 0.1%

NASDAQ:NWE opened at $72.29 on Monday. The company has a quick ratio of 0.52, a current ratio of 0.70 and a debt-to-equity ratio of 1.10. NorthWestern has a 1-year low of $51.92 and a 1-year high of $75.18. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 3.82 and a beta of 0.34. The stock has a fifty day simple moving average of $71.12 and a 200 day simple moving average of $69.75.

NorthWestern (NASDAQ:NWE) last issued its earnings results on Wednesday, April 29th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.02. The business had revenue of $516.60 million for the quarter. NorthWestern had a return on equity of 7.80% and a net margin of 10.21%.The business’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.22 earnings per share.

Institutional Investors Weigh In On NorthWestern

Hedge funds have recently bought and sold shares of the business. Balyasny Asset Management L.P. boosted its holdings in shares of NorthWestern by 5,851.3% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,005,886 shares of the company’s stock worth $64,920,000 after purchasing an additional 988,984 shares during the period. Millennium Management LLC grew its position in NorthWestern by 1,214.4% during the fourth quarter. Millennium Management LLC now owns 920,554 shares of the company’s stock valued at $59,413,000 after purchasing an additional 850,517 shares in the last quarter. Adage Capital Partners GP L.L.C. acquired a new position in NorthWestern in the 4th quarter valued at approximately $52,439,000. Norges Bank acquired a new position in NorthWestern in the 4th quarter valued at approximately $50,274,000. Finally, Caxton Associates LLP purchased a new stake in NorthWestern in the 1st quarter worth approximately $43,340,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

NorthWestern Company Profile

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.