NASDAQ:NWBINorthwest Bancshares Stock Price, Forecast & News

Northwest Bancshares' stock was trading at $12.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NWBI stock has decreased by 22.5% and is now trading at $9.42. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northwest Bancshares in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Northwest Bancshares.

Northwest Bancshares is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Northwest Bancshares.

Northwest Bancshares, Inc. (NASDAQ:NWBI) released its quarterly earnings data on Monday, April, 27th. The savings and loans company reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.10. The savings and loans company had revenue of $115.20 million for the quarter, compared to analysts' expectations of $113.77 million. Northwest Bancshares had a return on equity of 6.94% and a net margin of 17.84%. View Northwest Bancshares' earnings history.

Northwest Bancshares announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Thursday, May 7th will be given a dividend of $0.19 per share on Friday, May 15th. This represents a $0.76 annualized dividend and a dividend yield of 8.07%. The ex-dividend date of this dividend is Wednesday, May 6th. View Northwest Bancshares' dividend history.

3 analysts have issued 12-month target prices for Northwest Bancshares' stock. Their forecasts range from $12.50 to $12.50. On average, they anticipate Northwest Bancshares' share price to reach $12.50 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View analysts' price targets for Northwest Bancshares.

News stories about NWBI stock have been trending negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Northwest Bancshares earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news articles about the savings and loans company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Northwest Bancshares.

Some companies that are related to Northwest Bancshares include People's United Financial (PBCT), New York Community Bancorp (NYCB), Lendingtree (TREE), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Simply Good Foods (SMPL), Washington Federal (WAFD), EverBank Financial (EVER), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), OceanFirst Financial (OCFC), Provident Financial Services (PFS) and Oritani Financial (ORIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Northwest Bancshares investors own include AT&T (T), AGNC Investment (AGNC), New Mountain Finance (NMFC), Altria Group (MO), Verizon Communications (VZ), Omega Healthcare Investors (OHI), AbbVie (ABBV), Apple Hospitality REIT (APLE), Cisco Systems (CSCO) and Firstmerit (FMER).

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

Northwest Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.01%). Company insiders that own Northwest Bancshares stock include David M Tullio, John P Meegan, Julia W Mctavish, Mark T Reitzes, Michael G Smelko, Philip M Tredway, Robert M Campana, Shawn O Walker, Sonia M Probst, Thomas J Townsend, Timothy M Hunter, William F Mcknight, William J Wagner and William W Harvey. View institutional ownership trends for Northwest Bancshares.

NWBI stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold Northwest Bancshares company stock in the last year include John P Meegan, Julia W Mctavish, Michael G Smelko, and Sonia M Probst. View insider buying and selling activity for Northwest Bancshares.

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

One share of NWBI stock can currently be purchased for approximately $9.42.

Northwest Bancshares has a market capitalization of $1.20 billion and generates $516.79 million in revenue each year. The savings and loans company earns $110.43 million in net income (profit) each year or $1.05 on an earnings per share basis. Northwest Bancshares employs 2,333 workers across the globe.

The official website for Northwest Bancshares is www.northwest.bank.

Northwest Bancshares' mailing address is 100 LIBERTY STREET, WARREN PA, 16365. The savings and loans company can be reached via phone at 814-726-2140.