Northwest Natural (NYSE:NWN) Issues Quarterly Earnings Results

Northwest Natural (NYSE:NWN - Get Free Report) released its earnings results on Tuesday. The utilities provider reported $2.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.09 by $0.19, Zacks reports. Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. Northwest Natural's quarterly revenue was up 14.0% compared to the same quarter last year. During the same period last year, the company earned $1.69 earnings per share. Northwest Natural updated its FY 2025 guidance to 2.750-2.950 EPS.

Northwest Natural Stock Down 0.6 %

Shares of Northwest Natural stock traded down $0.28 during trading on Tuesday, hitting $43.28. 60,429 shares of the stock traded hands, compared to its average volume of 244,510. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.53 and a current ratio of 0.72. The stock has a market cap of $1.74 billion, a P/E ratio of 20.37 and a beta of 0.56. The company has a fifty day moving average price of $42.08 and a two-hundred day moving average price of $41.17. Northwest Natural has a twelve month low of $34.82 and a twelve month high of $45.51.

Northwest Natural Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a $0.49 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.96 annualized dividend and a yield of 4.53%. Northwest Natural's dividend payout ratio is presently 96.55%.

Insiders Place Their Bets

In other Northwest Natural news, VP David A. Weber sold 2,183 shares of the firm's stock in a transaction on Monday, March 31st. The shares were sold at an average price of $42.46, for a total value of $92,690.18. Following the sale, the vice president now directly owns 255 shares in the company, valued at $10,827.30. This trade represents a 89.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David Hugo Anderson sold 7,500 shares of the company's stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $43.00, for a total transaction of $322,500.00. Following the transaction, the director now directly owns 109,882 shares of the company's stock, valued at $4,724,926. This represents a 6.39 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,192 shares of company stock valued at $1,054,793 over the last ninety days. Corporate insiders own 0.93% of the company's stock.

Northwest Natural Company Profile

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. The company operates a mist gas storage facility contracted to other utilities, third-party marketers, and electric generators; offers natural gas asset management services; and operates an appliance retail center.

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