NorthWestern (NASDAQ:NWE) issued an update on its FY 2021 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.400-3.600 for the period, compared to the Thomson Reuters consensus estimate of $3.510. The company issued revenue guidance of -.
A number of research analysts have recently commented on the company. Credit Suisse Group reiterated a neutral rating and set a $66.00 price target (up from $60.00) on shares of NorthWestern in a report on Monday, April 19th. KeyCorp raised their price target on shares of NorthWestern from $70.00 to $72.00 and gave the stock an overweight rating in a research report on Tuesday, April 27th. Bank of America raised shares of NorthWestern from an underperform rating to a neutral rating and set a $62.00 price objective for the company in a research report on Monday, March 29th. Zacks Investment Research lowered NorthWestern from a hold rating to a sell rating in a research note on Saturday, February 20th. Finally, Williams Capital reaffirmed a buy rating on shares of NorthWestern in a research report on Friday, April 23rd. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company's stock. The company presently has an average rating of Hold and an average price target of $64.83.
NASDAQ:NWE opened at $67.82 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.57 and a debt-to-equity ratio of 1.07. The firm has a market cap of $3.44 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 4.94 and a beta of 0.35. NorthWestern has a 12 month low of $47.43 and a 12 month high of $70.80. The company's 50-day moving average price is $66.25 and its two-hundred day moving average price is $59.71.
NorthWestern (NASDAQ:NWE) last posted its earnings results on Tuesday, April 20th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.07. NorthWestern had a net margin of 13.32% and a return on equity of 8.05%. On average, research analysts expect that NorthWestern will post 3.36 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Tuesday, June 15th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date of this dividend is Monday, June 14th. NorthWestern's dividend payout ratio is currently 72.51%.
In other news, VP H. Grahame Heather sold 7,979 shares of NorthWestern stock in a transaction on Monday, March 1st. The stock was sold at an average price of $59.53, for a total value of $474,989.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert C. Rowe sold 3,000 shares of the company's stock in a transaction on Monday, March 1st. The shares were sold at an average price of $59.63, for a total value of $178,890.00. The disclosure for this sale can be found here. Insiders have sold 23,101 shares of company stock worth $1,421,996 in the last 90 days. Company insiders own 1.17% of the company's stock.
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers. The company operates through Electric and Natural Gas segments. 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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