NorthWestern Energy Group (NYSE:NWE) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Key Points

• NorthWestern Energy Group reported quarterly earnings of $0.40 per share, surpassing analysts' expectations of $0.38, but down from $0.53 EPS in the same quarter last year.
• The company announced a quarterly dividend of $0.66 per share, translating to an annualized dividend of $2.64 and a yield of 4.9%.
• Analysts currently have a consensus rating of "Hold" on NorthWestern Energy Group stock, with an average price target of $60.00.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02, Briefing.com reports. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. The business's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the business earned $0.53 EPS. NorthWestern Energy Group updated its FY 2025 guidance to 3.530-3.650 EPS.

NorthWestern Energy Group Stock Performance

NorthWestern Energy Group stock traded up $1.12 on Monday, reaching $54.65. 108,149 shares of the stock were exchanged, compared to its average volume of 464,489. The stock has a market cap of $3.35 billion, a PE ratio of 14.98, a PEG ratio of 2.40 and a beta of 0.35. 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 twelve month low of $50.43 and a twelve month high of $59.89. The firm has a fifty day moving average price of $52.51 and a two-hundred day moving average price of $54.58.

NorthWestern Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.64 dividend on an annualized basis and a yield of 4.8%. NorthWestern Energy Group's payout ratio is currently 71.93%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC bought a new stake in NorthWestern Energy Group in the first quarter valued at about $5,708,000. United Services Automobile Association bought a new stake in NorthWestern Energy Group during the first quarter worth about $220,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in NorthWestern Energy Group by 13.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,776 shares of the company's stock worth $8,957,000 after buying an additional 18,454 shares during the last quarter. Institutional investors own 96.07% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NWE. Barclays lifted their price objective on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 22nd. BMO Capital Markets assumed coverage on shares of NorthWestern Energy Group in a research note on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price objective for the company. LADENBURG THALM/SH SH reaffirmed a "neutral" rating and issued a $56.00 price objective (down previously from $57.50) on shares of NorthWestern Energy Group in a research note on Monday, June 2nd. Finally, Wells Fargo & Company lifted their price objective on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, NorthWestern Energy Group has a consensus rating of "Hold" and a consensus target price of $60.00.

NorthWestern Energy Group Company Profile

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.