National Fuel Gas Company (NYSE:NFG) Declares Quarterly Dividend of $0.54

Key Points

• National Fuel Gas Company declared a quarterly dividend of $0.54, payable on October 15th to stockholders of record as of September 30th, representing a dividend yield of 2.4%.
• The company has a payout ratio of 24.3%, indicating its dividend is well-covered by earnings, with expectations of earnings at $7.79 per share next year.
• NFG shares are currently rated as a "Moderate Buy" by analysts, who have set a consensus price target of $96.67, reflecting varying ratings from "strong buy" to "hold."

National Fuel Gas Company (NYSE:NFG - Get Free Report) announced a quarterly dividend on Thursday, September 11th, RTT News reports. Stockholders of record on Tuesday, September 30th will be paid a dividend of 0.535 per share by the oil and gas producer on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%.

National Fuel Gas has a payout ratio of 24.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect National Fuel Gas to earn $7.79 per share next year, which means the company should continue to be able to cover its $2.06 annual dividend with an expected future payout ratio of 26.4%.

National Fuel Gas Stock Up 0.8%

Shares of NYSE NFG traded up $0.67 during mid-day trading on Thursday, hitting $87.80. 128,386 shares of the stock traded hands, compared to its average volume of 629,621. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.46. National Fuel Gas has a 52 week low of $58.82 and a 52 week high of $89.82. The company has a market cap of $7.93 billion, a price-to-earnings ratio of 33.02, a PEG ratio of 0.51 and a beta of 0.61. The stock has a fifty day moving average price of $86.56 and a 200-day moving average price of $81.88.

National Fuel Gas (NYSE:NFG - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The company had revenue of $531.83 million for the quarter, compared to analyst estimates of $596.12 million. During the same period in the previous year, the company posted $0.99 earnings per share. The firm's revenue was up 27.4% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Research analysts anticipate that National Fuel Gas will post 6.64 EPS for the current year.

Analyst Upgrades and Downgrades

NFG has been the topic of several analyst reports. Zacks Research downgraded National Fuel Gas from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Scotiabank restated an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. Wall Street Zen cut National Fuel Gas from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Finally, Bank of America upgraded National Fuel Gas from an "underperform" rating to a "buy" rating and boosted their price target for the stock from $85.00 to $107.00 in a research note on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $96.67.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.

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