NorthWestern Energy Group (NYSE:NWE) Releases Earnings Results
NorthWestern Energy Group (NYSE:NWE) reported quarterly earnings of $0.40 EPS, exceeding estimates of $0.38. The company experienced a 7.1% revenue increase year-over-year, with a net margin of 14.81% and a return on equity of 7.40%. The firm updated its FY 2025 EPS guidance to 3.530-3.650. Additionally, a quarterly dividend of $0.66 per share was announced, yielding 4.9%. Analysts have mixed ratings, with a consensus rating of "Hold" and an average price target of $60.00.
NorthWestern Energy Group (NYSE:NWE - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.02, Briefing.com reports. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. NorthWestern Energy Group's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. NorthWestern Energy Group updated its FY 2025 guidance to 3.530-3.650 EPS.
NorthWestern Energy Group Stock Performance
NorthWestern Energy Group stock traded down $0.17 during midday trading on Friday, reaching $53.53. 459,008 shares of the company traded hands, compared to its average volume of 467,029. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 2.40 and a beta of 0.35. The business has a 50 day moving average of $52.51 and a two-hundred day moving average of $54.57. NorthWestern Energy Group has a 12 month low of $50.43 and a 12 month high of $59.89. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37.
NorthWestern Energy Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.66 per share. The ex-dividend date is Monday, September 15th. This represents a $2.64 dividend on an annualized basis and a yield of 4.9%. NorthWestern Energy Group's dividend payout ratio is 71.93%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in NorthWestern Energy Group by 13.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,776 shares of the company's stock worth $8,957,000 after acquiring an additional 18,454 shares during the period. Millennium Management LLC bought a new position in NorthWestern Energy Group in the first quarter worth approximately $5,708,000. Finally, United Services Automobile Association bought a new position in NorthWestern Energy Group in the first quarter worth approximately $220,000. Institutional investors own 96.07% of the company's stock.
Analyst Upgrades and Downgrades
NWE has been the topic of a number of recent research reports. Wells Fargo & Company upped their price objective on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. LADENBURG THALM/SH SH restated a "neutral" rating and issued a $56.00 price objective (down previously from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. Barclays upped their price objective on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a report on Tuesday, April 22nd. Finally, BMO Capital Markets initiated coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price objective on the stock. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $60.00.
Get Our Latest Research Report on NorthWestern Energy Group
NorthWestern Energy Group Company Profile
(Get Free Report)NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.
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