NASDAQ:NWBI

Northwest Bancshares (NWBI) Stock Price, News & Analysis

$10.94
-0.06 (-0.55%)
(As of 04/24/2024 ET)
Today's Range
$10.78
$10.97
50-Day Range
$10.69
$12.04
52-Week Range
$9.80
$13.07
Volume
813,625 shs
Average Volume
816,042 shs
Market Capitalization
$1.39 billion
P/E Ratio
10.62
Dividend Yield
7.31%
Price Target
$11.00

Northwest Bancshares MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
0.5% Upside
$11.00 Price Target
Short Interest
Healthy
3.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of Northwest Bancshares in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.37%
From $0.95 to $1.02 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.91 out of 5 stars

Finance Sector

586th out of 854 stocks

National Commercial Banks Industry

66th out of 85 stocks

NWBI stock logo

About Northwest Bancshares Stock (NASDAQ:NWBI)

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit; commercial business and real estate loans; commercial loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by investment accounts, as well as investment management and trust services. The company operates community banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

NWBI Stock Price History

NWBI Stock News Headlines

Northwest Bancshares, Inc. (NWBI)
The system that called 2023’s top 7 stocks is at it again…
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Piper Sandler Keeps Their Sell Rating on Northwest Bancshares (NWBI)
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Northwest Bancshares: Q1 Earnings Snapshot
Northwest Bancshares (NWBI) to Release Earnings on Monday
Northwest Bancshares Inc
See More Headlines
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Company Calendar

Ex-Dividend for 2/14 Dividend
2/01/2024
Dividend Payable
2/14/2024
Last Earnings
4/22/2024
Today
4/24/2024
Ex-Dividend for 5/15 Dividend
5/01/2024
Dividend Payable
5/15/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:NWBI
CUSIP
66734010
Employees
2,165
Year Founded
1896

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$12.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+0.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$134.96 million
Pretax Margin
24.95%

Debt

Sales & Book Value

Annual Sales
$547.81 million
Cash Flow
$1.30 per share
Book Value
$12.20 per share

Miscellaneous

Free Float
125,842,000
Market Cap
$1.39 billion
Optionable
Optionable
Beta
0.60

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Key Executives

  • Mr. Louis J. TorchioMr. Louis J. Torchio (Age 61)
    President, CEO & Director
    Comp: $1.31M
  • Mr. William W. Harvey Jr. (Age 58)
    Senior EVP, COO & Director
    Comp: $1.12M
  • Mr. Scott J. Watson (Age 57)
    Executive VP & Chief Information Officer
    Comp: $539.33k
  • Mr. John J. Golding (Age 60)
    Senior EVP & Chief Consumer Banking Officer
    Comp: $562.11k
  • Mr. Gregory J. Betchkal (Age 60)
    Executive VP & Chief Risk Officer
    Comp: $807.33k
  • Mr. Douglas M. Schosser CPA (Age 54)
    Chief Financial Officer
  • Mr. Jeffrey J. Maddigan (Age 51)
    Executive VP of Finance & Accounting, Corporate Treasurer and Principal Accounting Officer
  • Mr. C. Forrest Tefft
    Senior Vice President of Corporate Finance
  • Michael W. Cappetta
    Senior VP & Chief Technology Officer
  • Mr. Richard K. Laws
    Executive VP, Chief Legal Counsel & Corporate Secretary

NWBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Northwest Bancshares stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northwest Bancshares in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" NWBI shares.
View NWBI analyst ratings
or view top-rated stocks.

What is Northwest Bancshares' stock price target for 2024?

2 brokers have issued 1-year price objectives for Northwest Bancshares' stock. Their NWBI share price targets range from $10.00 to $12.00. On average, they predict the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for NWBI
or view top-rated stocks among Wall Street analysts.

How have NWBI shares performed in 2024?

Northwest Bancshares' stock was trading at $12.48 at the beginning of the year. Since then, NWBI shares have decreased by 12.3% and is now trading at $10.94.
View the best growth stocks for 2024 here
.

When is Northwest Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our NWBI earnings forecast
.

How were Northwest Bancshares' earnings last quarter?

Northwest Bancshares, Inc. (NASDAQ:NWBI) issued its quarterly earnings data on Monday, April, 22nd. The savings and loans company reported $0.23 earnings per share for the quarter, meeting analysts' consensus estimates of $0.23. The savings and loans company earned $188.20 million during the quarter, compared to the consensus estimate of $132.80 million. Northwest Bancshares had a net margin of 17.84% and a trailing twelve-month return on equity of 8.81%.

How often does Northwest Bancshares pay dividends? What is the dividend yield for Northwest Bancshares?

Northwest Bancshares declared a quarterly dividend on Monday, April 22nd. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.20 per share on Wednesday, May 15th. This represents a $0.80 annualized dividend and a dividend yield of 7.31%. The ex-dividend date of this dividend is Wednesday, May 1st.
Read our dividend analysis for NWBI
.

Is Northwest Bancshares a good dividend stock?

Northwest Bancshares (NASDAQ:NWBI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 7.19%. NWBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 77.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NWBI will have a dividend payout ratio of 78.43% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for NWBI.

What ETFs hold Northwest Bancshares' stock?
What is Ronald J. Seiffert's approval rating as Northwest Bancshares' CEO?

16 employees have rated Northwest Bancshares Chief Executive Officer Ronald J. Seiffert on Glassdoor.com. Ronald J. Seiffert has an approval rating of 50% among the company's employees. This puts Ronald J. Seiffert in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Northwest Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northwest Bancshares investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Verizon Communications (VZ), AbbVie (ABBV), Ares Capital (ARCC), Cisco Systems (CSCO), Energy Transfer (ET) and

Who are Northwest Bancshares' major shareholders?

Northwest Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ST Germain D J Co. Inc. (0.09%), Hennion & Walsh Asset Management Inc. (0.02%), Diversified Trust Co (0.01%), Courier Capital LLC (0.01%) and IVC Wealth Advisors LLC (0.01%). Insiders that own company stock include Carey A Barnum, David M Tullio, David Wayne Heeter, Deborah J Esq Chadsey, Devin T Cygnar, James M Colestro, Jeffrey J Maddigan, John P Meegan, Louis J Torchio, Louis J Torchio, Mark A Paup, Mark T Reitzes, Ronald B Andzelik, Scott J Watson, Sonia M Probst, Thomas K Iv Creal, Timothy B Fannin, Timothy M Hunter, Timothy M Hunter and William W Harvey.
View institutional ownership trends
.

How do I buy shares of Northwest Bancshares?

Shares of NWBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NWBI) was last updated on 4/25/2024 by MarketBeat.com Staff

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