National Fuel Gas Company (NYSE:NFG) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• National Fuel Gas Company has received a consensus rating of "Moderate Buy" from five brokerages, with an average one-year price target of $96.67.
• The company recently reported quarterly earnings with an EPS of $1.64, surpassing analyst estimates, while also announcing a quarterly dividend of $0.535 set for payment on October 15th.
• Institutional investors hold 73.96% of National Fuel Gas shares, indicating strong institutional interest in the stock.

Shares of National Fuel Gas Company (NYSE:NFG - Get Free Report) have earned an average recommendation of "Moderate Buy" from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $96.6667.

Several research firms have commented on NFG. Wall Street Zen downgraded shares of National Fuel Gas from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Bank of America upgraded shares of National Fuel Gas from an "underperform" rating to a "buy" rating and lifted their target price for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. Zacks Research lowered shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Finally, Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a report on Wednesday, August 13th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in NFG. Oliver Lagore Vanvalin Investment Group purchased a new stake in National Fuel Gas during the 2nd quarter valued at $30,000. Assetmark Inc. raised its stake in shares of National Fuel Gas by 9,475.0% during the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer's stock valued at $30,000 after acquiring an additional 379 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of National Fuel Gas by 316.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer's stock valued at $32,000 after acquiring an additional 304 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of National Fuel Gas by 355.1% during the second quarter. Golden State Wealth Management LLC now owns 405 shares of the oil and gas producer's stock worth $34,000 after purchasing an additional 316 shares during the period. Finally, Inlight Wealth Management LLC bought a new stake in shares of National Fuel Gas in the first quarter worth about $40,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Trading Up 0.2%

Shares of NFG opened at $88.20 on Friday. National Fuel Gas has a 1-year low of $58.82 and a 1-year high of $89.82. The company has a market capitalization of $7.97 billion, a P/E ratio of 33.16, a P/E/G ratio of 0.52 and a beta of 0.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. The firm's 50 day simple moving average is $86.72 and its 200 day simple moving average is $82.14.

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 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.14. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The business had revenue of $531.83 million during the quarter, compared to analysts' expectations of $596.12 million. During the same quarter in the previous year, the company earned $0.99 EPS. The business's quarterly revenue was up 27.4% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Sell-side analysts forecast that National Fuel Gas will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a $0.535 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.14 annualized dividend and a yield of 2.4%. National Fuel Gas's payout ratio is presently 80.45%.

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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