Northwest Bancshares - NWBI Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northwest Bancshares in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NWBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWBI, but not buy additional shares or sell existing shares.
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3 Wall Street research analysts have issued 12-month price objectives for Northwest Bancshares' stock. Their NWBI share price forecasts range from $11.00 to $15.00. On average, they expect the company's stock price to reach $12.67 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
View analysts price targets for NWBI or view top-rated stocks among Wall Street analysts.

Northwest Bancshares' stock was trading at $13.98 at the start of the year. Since then, NWBI shares have decreased by 12.0% and is now trading at $12.30.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our NWBI earnings forecast.

Northwest Bancshares, Inc. (NASDAQ:NWBI) issued its quarterly earnings results on Monday, January, 23rd. The savings and loans company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.01. The savings and loans company had revenue of $155.71 million for the quarter, compared to analysts' expectations of $142.80 million. Northwest Bancshares had a trailing twelve-month return on equity of 9.16% and a net margin of 23.88%.

Northwest Bancshares announced a quarterly dividend on Monday, January 23rd. Shareholders of record on Thursday, February 2nd will be given a dividend of $0.20 per share on Tuesday, February 14th. This represents a $0.80 annualized dividend and a dividend yield of 6.50%. The ex-dividend date is Wednesday, February 1st.
Read our dividend analysis for NWBI.

ETFs with the largest weight of Northwest Bancshares (NASDAQ:NWBI) stock in their portfolio include Invesco High Yield Equity Dividend Achievers ETF (PEY), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco KBW High Dividend Yield Financial ETF (KBWD), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), ProShares Russell 2000 Dividend Growers ETF (SMDV), SPDR S&P Global Dividend ETF (WDIV) and First Trust DJ Global Select Dividend Index Fund (FGD).

Northwest Bancshares (NASDAQ:NWBI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.48%. NWBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NWBI will have a dividend payout ratio of 69.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NWBI.

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.

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 New Mountain Finance (NMFC).

Northwest Bancshares trades on the NASDAQ under the ticker symbol "NWBI."

Northwest Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.07%), Charles Schwab Investment Management Inc. (2.61%), Victory Capital Management Inc. (2.21%), Victory Capital Management Inc. (2.21%), Victory Capital Management Inc. (2.08%) and Geode Capital Management LLC (1.86%). Insiders that own company stock include David M Tullio, David Wayne Heeter, Deborah J Esq Chadsey, James M Colestro, John P Meegan, Julia W Mctavish, Louis J Torchio, Louis J Torchio, Mark A Paup, Mark T Reitzes, Mark T Reitzes, Ronald B Andzelik, Shawn O Walker, Sonia M Probst, Thomas K Iv Creal, Timothy B Fannin, Timothy M Hunter, Timothy M Hunter, William F Mcknight and William W Harvey.
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Shares of NWBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NWBI stock can currently be purchased for approximately $12.30.

Northwest Bancshares (NASDAQ:NWBI) has a market capitalization of $1.56 billion and generates $559.65 million in revenue each year. The savings and loans company earns $133.67 million in net income (profit) each year or $1.04 on an earnings per share basis.

The company employs 2,228 workers across the globe.

Northwest Bancshares' mailing address is 100 LIBERTY STREET, WARREN PA, 16365. The official website for the company is www.northwest.bank. The savings and loans company can be reached via phone at (814) 726-2140 or via fax at 814-728-7716.