Northwest Natural (NYSE:NWN – Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.750-2.950 for the period, compared to the consensus estimate of 2.880. The company issued revenue guidance of -. Northwest Natural also updated its FY25 guidance to $2.75-2.95 EPS.
Wall Street Analysts Forecast Growth
Separately, Stifel Nicolaus lowered their price target on Northwest Natural from $45.00 to $44.00 and set a “buy” rating for the company in a report on Thursday, November 14th.
Check Out Our Latest Report on Northwest Natural
Northwest Natural Price Performance
Northwest Natural (NYSE:NWN – Get Free Report) last issued its earnings results on Friday, February 28th. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $395.05 million. During the same period in the previous year, the company earned $1.21 EPS. Northwest Natural’s revenue for the quarter was up 4.3% on a year-over-year basis. Analysts anticipate that Northwest Natural will post 2.33 earnings per share for the current fiscal year.
Northwest Natural Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were paid a $0.49 dividend. 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 payout ratio is 92.45%.
Insider Activity
In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $41.33, for a total value of $309,975.00. Following the transaction, the chief executive officer now owns 137,742 shares in the company, valued at approximately $5,692,876.86. This represents a 5.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders sold 23,009 shares of company stock valued at $936,978. Company 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 Articles
- Five stocks we like better than Northwest Natural
- What Makes a Stock a Good Dividend Stock?
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- MarketBeat Week in Review – 02/24 – 02/28
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.