National Fuel Gas (NFG) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Fuel Gas in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NFG shares.
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2 Wall Street analysts have issued 1 year price objectives for National Fuel Gas' shares. Their NFG share price forecasts range from $54.00 to $68.00. On average, they predict the company's stock price to reach $61.25 in the next year. This suggests a possible upside of 16.8% from the stock's current price.
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National Fuel Gas' stock was trading at $63.30 at the start of the year. Since then, NFG stock has decreased by 17.2% and is now trading at $52.42.
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National Fuel Gas saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 2,390,000 shares, a decrease of 21.9% from the July 31st total of 3,060,000 shares. Based on an average daily volume of 612,700 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.7% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our NFG earnings forecast.

National Fuel Gas (NYSE:NFG) issued its quarterly earnings results on Wednesday, August, 2nd. The oil and gas producer reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.11. The oil and gas producer earned $428.70 million during the quarter, compared to analysts' expectations of $480.10 million. National Fuel Gas had a net margin of 25.06% and a trailing twelve-month return on equity of 19.71%.

National Fuel Gas announced a quarterly dividend on Thursday, September 14th. Investors of record on Friday, September 29th will be given a dividend of $0.495 per share on Friday, October 13th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for NFG.

ETFs with the largest weight of National Fuel Gas (NYSE:NFG) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust EIP Carbon Impact ETF (ECLN), First Trust North American Energy Infrastructure Fund (EMLP), FT Energy Income Partners Strategy ETF (EIPX), Invesco Energy Exploration & Production ETF (PXE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) and Tortoise North American Pipeline Fund (TPYP).

National Fuel Gas (NYSE:NFG) pays an annual dividend of $1.98 per share and currently has a dividend yield of 3.76%. The company has been increasing its dividend for 53 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFG will have a dividend payout ratio of 33.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NFG.

National Fuel Gas updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $5.15-$5.25 for the period, compared to the consensus estimate of $5.11. The company issued revenue guidance of -.

9 employees have rated National Fuel Gas Chief Executive Officer Ronald J. Tanski on Glassdoor.com. Ronald J. Tanski has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other National Fuel Gas investors own include AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), Bank of America (BAC), Enterprise Products Partners (EPD), Pfizer (PFE), Exxon Mobil (XOM), Dominion Energy (D), Walt Disney (DIS) and Duke Energy (DUK).

National Fuel Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "NFG."

National Fuel Gas' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.33%), State Street Corp (8.69%), JPMorgan Chase & Co. (3.52%), Gabelli Funds LLC (2.66%), LSV Asset Management (1.98%) and Geode Capital Management LLC (1.60%). Insiders that own company stock include David P Bauer, Donna L Decarolis, Justin I Loweth, Ronald C Kraemer and Ronald J Tanski.
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Shares of NFG 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 NFG stock can currently be purchased for approximately $52.42.

National Fuel Gas (NYSE:NFG) has a market capitalization of $4.81 billion and generates $2.24 billion in revenue each year. The oil and gas producer earns $566.02 million in net income (profit) each year or $6.08 on an earnings per share basis.

The company employs 2,132 workers across the globe.

National Fuel Gas' mailing address is 6363 Main Street, Williamsville NY, 14221. The official website for the company is www.nationalfuelgas.com. The oil and gas producer can be reached via phone at (716) 857-7000, via email at websterk@natfuel.com, or via fax at 281-210-5101.