KeyCorp Equities Analysts Reduce Earnings Estimates for NWE

NorthWestern Energy Group, Inc. (NYSE:NWE) – Stock analysts at KeyCorp decreased their Q4 2024 earnings estimates for NorthWestern Energy Group in a research report issued to clients and investors on Tuesday, December 3rd. KeyCorp analyst S. Karp now anticipates that the company will post earnings per share of $1.13 for the quarter, down from their previous estimate of $1.24. The consensus estimate for NorthWestern Energy Group’s current full-year earnings is $3.39 per share. KeyCorp also issued estimates for NorthWestern Energy Group’s FY2025 earnings at $3.66 EPS and FY2026 earnings at $3.82 EPS.

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

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

NorthWestern Energy Group Trading Down 0.7 %

NWE opened at $53.43 on Friday. The company has a fifty day moving average price of $55.04 and a two-hundred day moving average price of $53.35. NorthWestern Energy Group has a 1-year low of $46.15 and a 1-year high of $57.49. The company has a market cap of $3.28 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 2.62 and a beta of 0.48. The company has a current ratio of 0.45, a quick ratio of 0.30 and a debt-to-equity ratio of 0.91.

NorthWestern Energy Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.60 annualized dividend and a yield of 4.87%. NorthWestern Energy Group’s dividend payout ratio (DPR) is currently 70.08%.

Institutional Investors Weigh In On NorthWestern Energy Group

A number of institutional investors and hedge funds have recently bought and sold shares of NWE. Cetera Investment Advisers grew its holdings in shares of NorthWestern Energy Group by 49.0% in the first quarter. Cetera Investment Advisers now owns 30,963 shares of the company’s stock valued at $1,577,000 after acquiring an additional 10,185 shares in the last quarter. Cetera Advisors LLC purchased a new stake in shares of NorthWestern Energy Group during the 1st quarter valued at $555,000. GAMMA Investing LLC raised its stake in shares of NorthWestern Energy Group by 142.9% during the 2nd quarter. GAMMA Investing LLC now owns 1,139 shares of the company’s stock worth $57,000 after purchasing an additional 670 shares during the period. CWM LLC boosted its holdings in shares of NorthWestern Energy Group by 140.2% in the 2nd quarter. CWM LLC now owns 992 shares of the company’s stock worth $50,000 after buying an additional 579 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in NorthWestern Energy Group by 26.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,496 shares of the company’s stock valued at $876,000 after buying an additional 3,691 shares during the period. 96.07% of the stock is owned by hedge funds and other institutional investors.

NorthWestern Energy Group Company Profile

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.