KeyCorp Equities Analysts Lift Earnings Estimates for NWE

NorthWestern Energy Group, Inc. (NYSE:NWE) – Stock analysts at KeyCorp raised their FY2027 earnings per share (EPS) estimates for NorthWestern Energy Group in a research report issued to clients and investors on Tuesday, December 3rd. KeyCorp analyst S. Karp now expects that the company will post earnings per share of $4.03 for the year, up from their previous forecast of $4.02. The consensus estimate for NorthWestern Energy Group’s current full-year earnings is $3.39 per share.

A number of other research analysts have also recently weighed in on the company. Mizuho lifted their target price on NorthWestern Energy Group from $52.00 to $56.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. StockNews.com downgraded shares of NorthWestern Energy Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. Bank of America initiated coverage on shares of NorthWestern Energy Group in a research note on Thursday, September 12th. They set a “buy” rating and a $65.00 target price for the company. Wells Fargo & Company increased their price objective on NorthWestern Energy Group from $58.00 to $61.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Finally, JPMorgan Chase & Co. raised their price objective on shares of NorthWestern Energy Group from $56.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $57.00.

NorthWestern Energy Group Stock Down 0.4 %

Shares of NYSE NWE opened at $53.80 on Thursday. The company has a quick ratio of 0.30, a current ratio of 0.45 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $3.30 billion, a price-to-earnings ratio of 14.50, a price-to-earnings-growth ratio of 2.62 and a beta of 0.48. NorthWestern Energy Group has a 52 week low of $46.15 and a 52 week high of $57.49. The firm has a 50-day moving average price of $55.12 and a 200 day moving average price of $53.34.

NorthWestern Energy Group (NYSE:NWE) last released its quarterly earnings data on Monday, October 28th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.05). NorthWestern Energy Group had a return on equity of 7.95% and a net margin of 15.15%. The firm had revenue of $345.20 million for the quarter, compared to analysts’ expectations of $344.06 million. During the same period last year, the firm posted $0.49 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NWE. American Century Companies Inc. boosted its holdings in NorthWestern Energy Group by 0.5% in the second quarter. American Century Companies Inc. now owns 3,968,413 shares of the company’s stock valued at $198,738,000 after acquiring an additional 19,748 shares during the last quarter. State Street Corp increased its position in shares of NorthWestern Energy Group by 1.7% during the third quarter. State Street Corp now owns 2,504,400 shares of the company’s stock worth $143,302,000 after acquiring an additional 42,104 shares in the last quarter. River Road Asset Management LLC raised its stake in shares of NorthWestern Energy Group by 0.7% in the third quarter. River Road Asset Management LLC now owns 2,235,009 shares of the company’s stock worth $127,887,000 after purchasing an additional 14,654 shares during the last quarter. Victory Capital Management Inc. lifted its stake in NorthWestern Energy Group by 0.9% during the 2nd quarter. Victory Capital Management Inc. now owns 2,128,539 shares of the company’s stock valued at $106,597,000 after acquiring an additional 19,369 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of NorthWestern Energy Group by 2.3% during the third quarter. Geode Capital Management LLC now owns 1,536,518 shares of the company’s stock valued at $87,935,000 after purchasing an additional 35,279 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

NorthWestern Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.65 dividend. The ex-dividend date is Friday, December 13th. This represents a $2.60 annualized dividend and a yield of 4.83%. NorthWestern Energy Group’s dividend payout ratio (DPR) is currently 70.08%.

About NorthWestern Energy Group

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.