Northwest Natural (NYSE:NWN – Get Free Report) issued an update on its FY25 earnings guidance on Friday morning. The company provided earnings per share guidance of $2.75-2.95 for the period, compared to the consensus earnings per share estimate of $2.88. Northwest Natural also updated its FY 2025 guidance to 2.750-2.950 EPS.
Northwest Natural Stock Down 0.8 %
NWN stock opened at $40.83 on Friday. The stock has a market cap of $1.64 billion, a PE ratio of 19.26 and a beta of 0.62. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.15. The firm’s 50-day simple moving average is $40.14 and its 200 day simple moving average is $40.37. Northwest Natural has a fifty-two week low of $34.82 and a fifty-two week high of $44.25.
Northwest Natural (NYSE:NWN – Get Free Report) last released its earnings results on Friday, February 28th. The utilities provider reported $1.41 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.01). The company had revenue of $370.90 million for the quarter, compared to analyst estimates of $395.05 million. Northwest Natural had a net margin of 6.90% and a return on equity of 5.89%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.21 EPS. As a group, sell-side analysts predict that Northwest Natural will post 2.33 EPS for the current year.
Northwest Natural Dividend Announcement
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus lowered their target price on shares of Northwest Natural from $45.00 to $44.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th.
Check Out Our Latest Stock Analysis on NWN
Insider Transactions at Northwest Natural
In other news, CEO David Hugo Anderson sold 7,500 shares of Northwest Natural stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $41.33, for a total value of $309,975.00. Following the transaction, the chief executive officer now owns 137,742 shares of the company’s stock, valued at $5,692,876.86. The trade was a 5.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have sold 23,009 shares of company stock valued at $936,978 in the last quarter. Insiders own 0.84% of the company’s stock.
Northwest Natural Company Profile
Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. The company operates a mist gas storage facility contracted to other utilities, third-party marketers, and electric generators; offers natural gas asset management services; and operates an appliance retail center.
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