Northwest Natural (NYSE:NWN – Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. 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 decreased their price objective on shares of Northwest Natural from $45.00 to $44.00 and set a “buy” rating for the company in a report on Thursday, November 14th.
Read Our Latest Report on Northwest Natural
Northwest Natural Stock Down 1.3 %
Northwest Natural (NYSE:NWN – Get Free Report) last announced its quarterly 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). The company had revenue of $370.90 million for the quarter, compared to analysts’ expectations of $395.05 million. Northwest Natural had a net margin of 6.90% and a return on equity of 5.89%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.21 EPS. Equities analysts predict 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. Stockholders of record on Friday, January 31st were issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend was Friday, January 31st. Northwest Natural’s payout ratio is presently 92.45%.
Insider Buying and Selling
In related news, CEO David Hugo Anderson sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were 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 of the company’s stock, valued at approximately $5,692,876.86. This trade represents a 5.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last quarter, insiders have sold 23,009 shares of company stock valued at $936,978. 0.84% of the stock is owned by insiders.
Northwest Natural Company Profile
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
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Analysts Lift Archer Aviation Stock Despite Earnings Miss
- Investing In Preferred Stock vs. Common Stock
- 5 Best Gold ETFs for March to Curb Recession Fears
- What Are Dividends? Buy the Best Dividend Stocks
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
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.