Northwest Natural (NWN) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northwest Natural in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NWN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWN, but not buy additional shares or sell existing shares.
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3 Wall Street analysts have issued 1-year price targets for Northwest Natural's shares. Their NWN share price forecasts range from $40.00 to $59.00. On average, they predict the company's stock price to reach $49.75 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price.
View analysts price targets for NWN or view top-rated stocks among Wall Street analysts.

Northwest Natural's stock was trading at $47.59 on January 1st, 2023. Since then, NWN shares have decreased by 8.6% and is now trading at $43.48.
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Northwest Natural saw a decrease in short interest in May. As of May 15th, there was short interest totaling 394,000 shares, a decrease of 37.5% from the April 30th total of 630,100 shares. Based on an average daily volume of 161,600 shares, the days-to-cover ratio is presently 2.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our NWN earnings forecast.

Northwest Natural Holding (NYSE:NWN) released its quarterly earnings data on Thursday, May, 4th. The utilities provider reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.08. The utilities provider had revenue of $462.40 million for the quarter, compared to analyst estimates of $365.46 million. Northwest Natural had a net margin of 8.85% and a trailing twelve-month return on equity of 8.69%. The business's quarterly revenue was up 32.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.80 EPS.

Northwest Natural announced a quarterly dividend on Thursday, April 13th. Investors of record on Friday, April 28th will be given a dividend of $0.485 per share on Monday, May 15th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend is Thursday, April 27th.
Read our dividend analysis for NWN.

ETFs with the largest weight of Northwest Natural (NYSE:NWN) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco High Yield Equity Dividend Achievers ETF (PEY), ProShares Russell US Dividend Growers ETF (TMDV), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), ETC 6 Meridian Small Cap Equity ETF (SIXS) and ProShares Russell 2000 Dividend Growers ETF (SMDV).

Northwest Natural (NYSE:NWN) pays an annual dividend of $1.94 per share and currently has a dividend yield of 4.42%. NWN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 66 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NWN will have a dividend payout ratio of 67.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NWN.

Northwest Natural updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $2.55-$2.75 for the period, compared to the consensus estimate of $2.66. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Northwest Natural investors own include Cisco Systems (CSCO), General Electric (GE), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Consolidated Edison (ED), Ford Motor (F), Verizon Communications (VZ), AbbVie (ABBV) and Southern (SO).

Northwest Natural trades on the New York Stock Exchange (NYSE) under the ticker symbol "NWN."

Northwest Natural's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.98%), State Street Corp (3.80%), Dimensional Fund Advisors LP (2.12%), Geode Capital Management LLC (1.86%), Bank of New York Mellon Corp (1.49%) and Charles Schwab Investment Management Inc. (1.12%). Insiders that own company stock include C Scott Gibson, David A Weber, David Hugo Anderson, James R Downing, Justin Palfreyman, Kimberly A Heiting, Malia H Wasson, Mardilyn Saathoff and Shawn M Filippi.
View institutional ownership trends.

Shares of NWN 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 NWN stock can currently be purchased for approximately $43.48.

Northwest Natural (NYSE:NWN) has a market capitalization of $1.56 billion and generates $1.04 billion in revenue each year. The utilities provider earns $86.30 million in net income (profit) each year or $2.86 on an earnings per share basis.

The company employs 1,258 workers across the globe.

Northwest Natural's mailing address is 250 S.W. TAYLOR STREET, PORTLAND OR, 97204. The official website for the company is www.nwnatural.com. The utilities provider can be reached via phone at (503) 226-4211, via email at n1s@nwnatural.com, or via fax at 503-273-4822.