NorthWestern Energy Group (NYSE:NWE) Releases Quarterly Earnings Results, Beats Estimates 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) announced its quarterly earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates 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 company's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the business posted $0.53 earnings per share. NorthWestern Energy Group updated its FY 2025 guidance to 3.530-3.650 EPS.

NorthWestern Energy Group Trading Up 0.9%

NorthWestern Energy Group stock traded up $0.47 during mid-day trading on Wednesday, reaching $55.01. 122,594 shares of the company traded hands, compared to its average volume of 464,248. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The firm's 50 day moving average price is $52.49 and its 200 day moving average price is $54.59. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 2.40 and a beta of 0.35. NorthWestern Energy Group has a 52-week low of $50.43 and a 52-week high of $59.89.

NorthWestern Energy Group Announces Dividend

The business also recently disclosed 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. This represents a $2.64 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Monday, September 15th. NorthWestern Energy Group's payout ratio is presently 71.93%.

Institutional Trading of NorthWestern Energy Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of NorthWestern Energy Group by 13.5% in the 1st 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 acquiring an additional 18,454 shares in the last quarter. Millennium Management LLC bought a new position in shares of NorthWestern Energy Group in the 1st quarter worth about $5,708,000. Finally, United Services Automobile Association bought a new position in shares of NorthWestern Energy Group in the 1st quarter worth about $220,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in 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 price objective for the company. Wells Fargo & Company boosted their price objective on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Barclays upped their price target on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the company an "overweight" rating in a report on Tuesday, April 22nd. Finally, LADENBURG THALM/SH SH reiterated a "neutral" rating and set a $56.00 price target (down from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target 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.