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NorthWestern (NWE) Competitors

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$73.42 +1.98 (+2.77%)
Closing price 06/26/2026 04:00 PM Eastern
Extended Trading
$73.41 -0.01 (-0.01%)
As of 06/26/2026 04:31 PM Eastern
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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?

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

NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Alliant Energy pays an annual dividend of $2.14 per share and has a dividend yield of 2.8%. 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 pays out 67.1% of its earnings in the form of a dividend. NorthWestern has raised its dividend for 21 consecutive years and Alliant Energy has raised its dividend for 22 consecutive years.

NorthWestern currently has a consensus target price of $68.30, suggesting a potential downside of 6.97%. Alliant Energy has a consensus target price of $76.60, suggesting a potential downside of 0.84%. Given Alliant Energy's stronger consensus rating and higher probable upside, analysts clearly believe Alliant Energy 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
Alliant Energy
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69

96.1% of NorthWestern shares are held by institutional investors. Comparatively, 79.9% of Alliant Energy shares are held by institutional investors. 0.9% of NorthWestern shares are held by company insiders. Comparatively, 0.3% of Alliant Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, Alliant Energy had 4 more articles in the media than NorthWestern. MarketBeat recorded 5 mentions for Alliant Energy and 1 mentions for NorthWestern. NorthWestern's average media sentiment score of 0.94 beat Alliant Energy's score of 0.81 indicating that NorthWestern is being referred to more favorably in the media.

Company Overall Sentiment
NorthWestern Positive
Alliant Energy Positive

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
NorthWestern10.21% 7.80% 2.69%
Alliant Energy 18.58%11.37%3.38%

NorthWestern has a beta of 0.34, meaning that its stock price is 66% less volatile than the broader market. Comparatively, Alliant Energy has a beta of 0.56, meaning that its stock price is 44% 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
NorthWestern$1.64B2.75$181.09M$2.7226.99
Alliant Energy$4.42B4.52$810M$3.1924.22

Summary

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

How does NorthWestern compare to Ameren?

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

NorthWestern currently has a consensus price target of $68.30, indicating a potential downside of 6.97%. Ameren has a consensus price target of $119.42, indicating a potential upside of 2.64%. Given Ameren's stronger consensus rating and higher probable upside, analysts clearly believe Ameren 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
Ameren
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69

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
NorthWestern$1.64B2.75$181.09M$2.7226.99
Ameren$8.80B3.66$1.46B$5.5620.93

96.1% of NorthWestern shares are owned by institutional investors. Comparatively, 79.1% of Ameren shares are owned by institutional investors. 0.9% of NorthWestern shares are owned by company insiders. Comparatively, 0.3% of Ameren shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Ameren had 5 more articles in the media than NorthWestern. MarketBeat recorded 6 mentions for Ameren and 1 mentions for NorthWestern. Ameren's average media sentiment score of 0.95 beat NorthWestern's score of 0.94 indicating that Ameren is being referred to more favorably in the news media.

Company Overall Sentiment
NorthWestern Positive
Ameren Positive

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

NorthWestern pays an annual dividend of $2.68 per share and has a dividend yield of 3.7%. Ameren pays an annual dividend of $3.00 per share and has a dividend yield of 2.6%. 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 pays out 54.0% of its earnings in the form of a dividend. NorthWestern has increased its dividend for 21 consecutive years and Ameren has increased its dividend for 12 consecutive years. NorthWestern is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

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
NorthWestern10.21% 7.80% 2.69%
Ameren 17.17%10.94%2.99%

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 investment? We will contrast the two companies based on the strength of their valuation, earnings, risk, profitability, analyst recommendations, institutional ownership, media sentiment and dividends.

Atmos Energy currently has a consensus target price of $182.60, suggesting a potential upside of 4.53%. NorthWestern has a consensus target price of $68.30, suggesting a potential downside of 6.97%. Given Atmos Energy's higher possible upside, equities research analysts clearly 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)
1 Buy rating(s)
0 Strong Buy rating(s)
2.09
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 and Atmos Energy both had 1 articles in the media. Atmos Energy's average media sentiment score of 1.85 beat NorthWestern's score of 0.94 indicating that Atmos Energy is being referred to more favorably in the media.

Company Overall Sentiment
Atmos Energy Very Positive
NorthWestern Positive

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$4.88B5.97$1.20B$8.1421.46
NorthWestern$1.64B2.75$181.09M$2.7226.99

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 pays an annual dividend of $4.00 per share and has a dividend yield of 2.3%. 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.

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, 0.9% of NorthWestern shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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 12 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 superior stock? We will contrast the two businesses based on the strength of their risk, institutional ownership, dividends, profitability, media sentiment, analyst recommendations, earnings and valuation.

Avista presently has a consensus price target of $39.75, indicating a potential downside of 4.58%. NorthWestern has a consensus price target of $68.30, indicating a potential downside of 6.97%. Given Avista's higher probable upside, equities analysts plainly believe Avista is more favorable than NorthWestern.

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

In the previous week, Avista had 2 more articles in the media than NorthWestern. MarketBeat recorded 3 mentions for Avista and 1 mentions for NorthWestern. NorthWestern's average media sentiment score of 0.94 beat Avista's score of -0.01 indicating that NorthWestern is being referred to more favorably in the news media.

Company Overall Sentiment
Avista Neutral
NorthWestern Positive

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$1.92B1.80$193M$2.5116.60
NorthWestern$1.64B2.75$181.09M$2.7226.99

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.

85.2% of Avista shares are held by institutional investors. Comparatively, 96.1% of NorthWestern shares are held by institutional investors. 0.8% of Avista shares are held by insiders. Comparatively, 0.9% of NorthWestern shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Avista has a beta of 0.24, indicating that its share price is 76% less volatile than the broader market. Comparatively, NorthWestern has a beta of 0.34, indicating that its share price is 66% less volatile than the broader market.

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 superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, earnings, valuation, institutional ownership and media sentiment.

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%

NorthWestern presently has a consensus price target of $68.30, indicating a potential downside of 6.97%. Black Hills has a consensus price target of $81.17, indicating a potential upside of 6.76%. Given Black Hills' stronger consensus rating and higher probable upside, analysts clearly 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 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$1.64B2.75$181.09M$2.7226.99
Black Hills$2.29B2.53$291.60M$3.8419.80

96.1% of NorthWestern shares are held by institutional investors. Comparatively, 86.7% of Black Hills shares are held by institutional investors. 0.9% of NorthWestern shares are held by insiders. Comparatively, 0.6% of Black Hills shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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 raised its dividend for 21 consecutive years and Black Hills has raised 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 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 0.72, meaning that its stock price is 28% less volatile than the broader market.

In the previous week, Black Hills had 2 more articles in the media than NorthWestern. MarketBeat recorded 3 mentions for Black Hills and 1 mentions for NorthWestern. NorthWestern's average media sentiment score of 0.94 beat Black Hills' score of 0.30 indicating that NorthWestern is being referred to more favorably in the media.

Company Overall Sentiment
NorthWestern Positive
Black Hills Neutral

Summary

Black Hills beats NorthWestern on 13 of the 19 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$4.39B$29.58B$18.84B$12.22B
Dividend Yield3.74%3.42%3.96%6.13%
P/E Ratio26.9922.8020.5124.18
Price / Sales2.755.1524.98114.29
Price / Cash9.259.4819.3954.37
Price / Book1.563.232.486.36
Net Income$181.09M$1.56B$785.96M$337.99M
7 Day Performance5.07%2.20%0.30%0.10%
1 Month Performance1.48%-0.30%-1.71%-0.11%
1 Year Performance44.39%18.88%14.54%27.61%

NorthWestern Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NWE
NorthWestern
4.0903 of 5 stars
$73.42
+2.8%
$68.30
-7.0%
+43.5%$4.39B$1.64B26.991,667
LNT
Alliant Energy
2.9486 of 5 stars
$73.33
+0.3%
$76.60
+4.5%
+28.1%$18.92B$4.36B22.972,948
AEE
Ameren
3.9784 of 5 stars
$109.62
+0.6%
$117.54
+7.2%
+22.0%$30.29B$8.80B19.698,913
ATO
Atmos Energy
3.8676 of 5 stars
$170.20
+0.1%
$181.90
+6.9%
+14.2%$28.38B$4.88B20.895,487
AVA
Avista
3.345 of 5 stars
$40.89
-3.6%
$39.75
-2.8%
+10.6%$3.38B$1.92B16.271,929

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This page (NASDAQ:NWE) was last updated on 6/27/2026 by MarketBeat.com Staff.
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