NorthWestern Energy Group, Inc. (NYSE:NWE) Receives $60.00 Average PT from Analysts

Key Points

• NorthWestern Energy Group, Inc. has received an average rating of "Moderate Buy" from analysts, with a twelve-month target price of $60.00.
• Institutional investors control 96.07% of the company's stock, with several firms increasing their stakes significantly.
• The company recently declared a quarterly dividend of $0.66 per share, yielding 4.6% annually, with a payout ratio of 71.93%.

NorthWestern Energy Group, Inc. (NYSE:NWE - Get Free Report) has been given an average rating of "Moderate Buy" by the eight research firms that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $60.00.

A number of equities research analysts recently issued reports on NWE shares. BMO Capital Markets started coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 target price for the company. LADENBURG THALM/SH SH restated a "neutral" rating and issued a $56.00 target price (down from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. raised its holdings in NorthWestern Energy Group by 4.1% in the first quarter. Principal Financial Group Inc. now owns 181,192 shares of the company's stock valued at $10,486,000 after buying an additional 7,177 shares during the period. SG Americas Securities LLC purchased a new position in NorthWestern Energy Group in the first quarter valued at approximately $626,000. GAMMA Investing LLC raised its holdings in NorthWestern Energy Group by 27.7% in the first quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock valued at $133,000 after buying an additional 498 shares during the period. EntryPoint Capital LLC purchased a new position in NorthWestern Energy Group in the first quarter valued at approximately $356,000. Finally, KBC Group NV raised its holdings in NorthWestern Energy Group by 30.6% in the first quarter. KBC Group NV now owns 3,266 shares of the company's stock valued at $189,000 after buying an additional 765 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Price Performance

Shares of NYSE:NWE traded down $0.10 during trading on Monday, hitting $57.10. 71,654 shares of the stock were exchanged, compared to its average volume of 469,281. The company has a fifty day moving average price of $54.26 and a two-hundred day moving average price of $55.00. The company has a market cap of $3.51 billion, a PE ratio of 15.66, a P/E/G ratio of 2.40 and a beta of 0.40. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. NorthWestern Energy Group has a 12-month low of $50.43 and a 12-month high of $59.89.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.38 by $0.02. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.NorthWestern Energy Group's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. On average, analysts forecast that NorthWestern Energy Group will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Monday, September 15th. NorthWestern Energy Group's payout ratio is presently 71.93%.

About NorthWestern Energy Group

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.