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NorthWestern (NWE) Competitors

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$73.20 +0.49 (+0.67%)
Closing price 07/13/2026 04:00 PM Eastern
Extended Trading
$73.22 +0.02 (+0.02%)
As of 07/13/2026 06:18 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

NWE vs. LNT, AEE, ATO, AVA, and BKH

Should you buy NorthWestern stock or one of its competitors? MarketBeat compares NorthWestern with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with NorthWestern include Alliant Energy (LNT), Ameren (AEE), Atmos Energy (ATO), Avista (AVA), and Black Hills (BKH). These companies are all part of the "utilities" sector.

How does NorthWestern compare to Alliant Energy?

Alliant Energy (NASDAQ:LNT) and NorthWestern (NASDAQ:NWE) are both utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, media sentiment, institutional ownership, risk, earnings, profitability, analyst recommendations and valuation.

Alliant Energy has a net margin of 18.58% compared to NorthWestern's net margin of 10.21%. Alliant Energy's return on equity of 11.37% beat NorthWestern's return on equity.

Company Net Margins Return on Equity Return on Assets
Alliant Energy18.58% 11.37% 3.38%
NorthWestern 10.21%7.80%2.69%

Alliant Energy has a beta of 0.55, indicating that its stock price is 45% less volatile than the broader market. Comparatively, NorthWestern has a beta of 0.34, indicating that its stock price is 66% less volatile than the broader market.

Alliant Energy has higher revenue and earnings than NorthWestern. Alliant Energy is trading at a lower price-to-earnings ratio than NorthWestern, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alliant Energy$4.36B4.54$810M$3.1924.02
NorthWestern$1.61B2.80$181.09M$2.7226.91

Alliant Energy pays an annual dividend of $2.14 per share and has a dividend yield of 2.8%. NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Alliant Energy pays out 67.1% of its earnings in the form of a dividend. NorthWestern pays out 98.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Alliant Energy has increased its dividend for 22 consecutive years and NorthWestern has increased its dividend for 21 consecutive years.

Alliant Energy presently has a consensus price target of $77.18, indicating a potential upside of 0.72%. NorthWestern has a consensus price target of $70.10, indicating a potential downside of 4.23%. Given Alliant Energy's stronger consensus rating and higher possible upside, research analysts plainly believe Alliant Energy is more favorable than NorthWestern.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alliant Energy
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64
NorthWestern
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

79.9% of Alliant Energy shares are owned by institutional investors. Comparatively, 96.1% of NorthWestern shares are owned by institutional investors. 0.3% of Alliant Energy shares are owned by company insiders. Comparatively, 0.6% of NorthWestern shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, Alliant Energy had 5 more articles in the media than NorthWestern. MarketBeat recorded 10 mentions for Alliant Energy and 5 mentions for NorthWestern. Alliant Energy's average media sentiment score of 1.09 beat NorthWestern's score of 0.48 indicating that Alliant Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alliant Energy
6 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
NorthWestern
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Alliant Energy beats NorthWestern on 15 of the 19 factors compared between the two stocks.

How does NorthWestern compare to Ameren?

Ameren (NYSE:AEE) and NorthWestern (NASDAQ:NWE) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, media sentiment, institutional ownership, analyst recommendations, profitability, valuation, earnings and risk.

In the previous week, Ameren had 5 more articles in the media than NorthWestern. MarketBeat recorded 10 mentions for Ameren and 5 mentions for NorthWestern. Ameren's average media sentiment score of 0.75 beat NorthWestern's score of 0.48 indicating that Ameren is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ameren
3 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
NorthWestern
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Ameren currently has a consensus target price of $119.50, suggesting a potential upside of 5.33%. NorthWestern has a consensus target price of $70.10, suggesting a potential downside of 4.23%. Given Ameren's stronger consensus rating and higher possible upside, research analysts plainly believe Ameren is more favorable than NorthWestern.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ameren
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
NorthWestern
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Ameren has a net margin of 17.17% compared to NorthWestern's net margin of 10.21%. Ameren's return on equity of 10.94% beat NorthWestern's return on equity.

Company Net Margins Return on Equity Return on Assets
Ameren17.17% 10.94% 2.99%
NorthWestern 10.21%7.80%2.69%

Ameren has a beta of 0.47, indicating that its stock price is 53% less volatile than the broader market. Comparatively, NorthWestern has a beta of 0.34, indicating that its stock price is 66% less volatile than the broader market.

79.1% of Ameren shares are owned by institutional investors. Comparatively, 96.1% of NorthWestern shares are owned by institutional investors. 0.3% of Ameren shares are owned by insiders. Comparatively, 0.6% of NorthWestern shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Ameren has higher revenue and earnings than NorthWestern. Ameren is trading at a lower price-to-earnings ratio than NorthWestern, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ameren$8.80B3.57$1.46B$5.5620.41
NorthWestern$1.61B2.80$181.09M$2.7226.91

Ameren pays an annual dividend of $3.00 per share and has a dividend yield of 2.6%. NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Ameren pays out 54.0% of its earnings in the form of a dividend. NorthWestern pays out 98.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Ameren has raised its dividend for 12 consecutive years and NorthWestern has raised its dividend for 21 consecutive years. NorthWestern is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Ameren beats NorthWestern on 14 of the 19 factors compared between the two stocks.

How does NorthWestern compare to Atmos Energy?

Atmos Energy (NYSE:ATO) and NorthWestern (NASDAQ:NWE) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, risk, dividends, valuation, institutional ownership, profitability, earnings and analyst recommendations.

Atmos Energy has higher revenue and earnings than NorthWestern. Atmos Energy is trading at a lower price-to-earnings ratio than NorthWestern, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Atmos Energy$4.70B6.37$1.20B$8.1422.05
NorthWestern$1.61B2.80$181.09M$2.7226.91

90.2% of Atmos Energy shares are held by institutional investors. Comparatively, 96.1% of NorthWestern shares are held by institutional investors. 0.4% of Atmos Energy shares are held by insiders. Comparatively, 0.6% of NorthWestern shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Atmos Energy pays an annual dividend of $4.00 per share and has a dividend yield of 2.2%. NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Atmos Energy pays out 49.1% of its earnings in the form of a dividend. NorthWestern pays out 98.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Atmos Energy has increased its dividend for 41 consecutive years and NorthWestern has increased its dividend for 21 consecutive years.

Atmos Energy presently has a consensus price target of $185.36, indicating a potential upside of 3.30%. NorthWestern has a consensus price target of $70.10, indicating a potential downside of 4.23%. Given Atmos Energy's higher probable upside, equities analysts plainly believe Atmos Energy is more favorable than NorthWestern.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atmos Energy
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23
NorthWestern
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Atmos Energy had 4 more articles in the media than NorthWestern. MarketBeat recorded 9 mentions for Atmos Energy and 5 mentions for NorthWestern. Atmos Energy's average media sentiment score of 0.94 beat NorthWestern's score of 0.48 indicating that Atmos Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Atmos Energy
5 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
NorthWestern
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Atmos Energy has a net margin of 27.58% compared to NorthWestern's net margin of 10.21%. Atmos Energy's return on equity of 9.59% beat NorthWestern's return on equity.

Company Net Margins Return on Equity Return on Assets
Atmos Energy27.58% 9.59% 4.64%
NorthWestern 10.21%7.80%2.69%

Atmos Energy has a beta of 0.6, suggesting that its stock price is 40% less volatile than the broader market. Comparatively, NorthWestern has a beta of 0.34, suggesting that its stock price is 66% less volatile than the broader market.

Summary

Atmos Energy beats NorthWestern on 13 of the 18 factors compared between the two stocks.

How does NorthWestern compare to Avista?

Avista (NYSE:AVA) and NorthWestern (NASDAQ:NWE) are both mid-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, media sentiment, analyst recommendations and dividends.

Avista has a net margin of 10.75% compared to NorthWestern's net margin of 10.21%. NorthWestern's return on equity of 7.80% beat Avista's return on equity.

Company Net Margins Return on Equity Return on Assets
Avista10.75% 7.65% 2.50%
NorthWestern 10.21%7.80%2.69%

Avista pays an annual dividend of $1.97 per share and has a dividend yield of 4.7%. NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Avista pays out 78.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NorthWestern pays out 98.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Avista has increased its dividend for 23 consecutive years and NorthWestern has increased its dividend for 21 consecutive years. Avista is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Avista has higher revenue and earnings than NorthWestern. Avista is trading at a lower price-to-earnings ratio than NorthWestern, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Avista$1.96B1.77$193M$2.5116.75
NorthWestern$1.61B2.80$181.09M$2.7226.91

Avista has a beta of 0.25, suggesting that its stock price is 75% less volatile than the broader market. Comparatively, NorthWestern has a beta of 0.34, suggesting that its stock price is 66% less volatile than the broader market.

In the previous week, NorthWestern had 2 more articles in the media than Avista. MarketBeat recorded 5 mentions for NorthWestern and 3 mentions for Avista. Avista's average media sentiment score of 0.53 beat NorthWestern's score of 0.48 indicating that Avista is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Avista
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NorthWestern
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

85.2% of Avista shares are owned by institutional investors. Comparatively, 96.1% of NorthWestern shares are owned by institutional investors. 0.8% of Avista shares are owned by insiders. Comparatively, 0.6% of NorthWestern shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Avista currently has a consensus target price of $40.00, indicating a potential downside of 4.85%. NorthWestern has a consensus target price of $70.10, indicating a potential downside of 4.23%. Given NorthWestern's stronger consensus rating and higher possible upside, analysts clearly believe NorthWestern is more favorable than Avista.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Avista
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14
NorthWestern
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

NorthWestern beats Avista on 11 of the 19 factors compared between the two stocks.

How does NorthWestern compare to Black Hills?

NorthWestern (NASDAQ:NWE) and Black Hills (NYSE:BKH) are both mid-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.

In the previous week, NorthWestern and NorthWestern both had 5 articles in the media. Black Hills' average media sentiment score of 0.62 beat NorthWestern's score of 0.48 indicating that Black Hills is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NorthWestern
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Black Hills
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Black Hills pays an annual dividend of $2.81 per share and has a dividend yield of 3.7%. NorthWestern pays out 98.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Black Hills pays out 73.2% of its earnings in the form of a dividend. NorthWestern has increased its dividend for 21 consecutive years and Black Hills has increased its dividend for 55 consecutive years. Black Hills is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

NorthWestern currently has a consensus target price of $70.10, suggesting a potential downside of 4.23%. Black Hills has a consensus target price of $82.67, suggesting a potential upside of 9.11%. Given Black Hills' stronger consensus rating and higher possible upside, analysts plainly believe Black Hills is more favorable than NorthWestern.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NorthWestern
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.33
Black Hills
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00

Black Hills has a net margin of 12.61% compared to NorthWestern's net margin of 10.21%. NorthWestern's return on equity of 7.80% beat Black Hills' return on equity.

Company Net Margins Return on Equity Return on Assets
NorthWestern10.21% 7.80% 2.69%
Black Hills 12.61%7.77%2.86%

96.1% of NorthWestern shares are owned by institutional investors. Comparatively, 86.7% of Black Hills shares are owned by institutional investors. 0.6% of NorthWestern shares are owned by company insiders. Comparatively, 0.6% of Black Hills shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

NorthWestern has a beta of 0.34, meaning that its stock price is 66% less volatile than the broader market. Comparatively, Black Hills has a beta of 0.71, meaning that its stock price is 29% less volatile than the broader market.

Black Hills has higher revenue and earnings than NorthWestern. Black Hills is trading at a lower price-to-earnings ratio than NorthWestern, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NorthWestern$1.61B2.80$181.09M$2.7226.91
Black Hills$2.31B2.50$291.60M$3.8419.73

Summary

Black Hills beats NorthWestern on 13 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NWE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NWE vs. The Competition

MetricNorthWesternUTIL IndustryUtilities SectorNASDAQ Exchange
Market Cap$4.47B$29.87B$18.88B$12.61B
Dividend Yield3.69%3.51%3.98%8.00%
P/E Ratio26.9121.4719.8524.26
Price / Sales2.805.0035.85117.88
Price / Cash9.429.3619.4049.36
Price / Book1.563.142.446.29
Net Income$181.09M$1.56B$785.96M$330.66M
7 Day Performance3.46%-0.49%0.10%-1.32%
1 Month Performance3.03%0.29%-0.67%-0.64%
1 Year Performance39.35%15.93%12.88%19.08%

NorthWestern Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NWE
NorthWestern
3.5459 of 5 stars
$73.20
+0.7%
$70.10
-4.2%
+39.5%$4.47B$1.61B26.911,667
LNT
Alliant Energy
3.5792 of 5 stars
$76.44
-2.0%
$76.60
+0.2%
+23.4%$19.81B$4.42B24.042,948
AEE
Ameren
4.1093 of 5 stars
$113.08
-1.7%
$119.42
+5.6%
+18.0%$31.35B$8.88B20.378,913
ATO
Atmos Energy
3.7631 of 5 stars
$174.29
-1.5%
$183.90
+5.5%
+16.3%$29.11B$4.70B21.435,487
AVA
Avista
3.2732 of 5 stars
$40.84
-1.4%
$40.00
-2.0%
+10.7%$3.38B$1.96B16.291,929

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This page (NASDAQ:NWE) was last updated on 7/14/2026 by MarketBeat.com Staff.
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