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 Price Performance
NWN opened at $40.83 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.15. Northwest Natural has a 52-week low of $34.82 and a 52-week high of $44.25. The company has a 50 day moving average of $40.14 and a two-hundred day moving average of $40.37. The company has a market cap of $1.64 billion, a P/E ratio of 19.26 and a beta of 0.62.
Northwest Natural (NYSE:NWN – Get Free Report) last released its quarterly earnings data on Friday, February 28th. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.01). The business had revenue of $370.90 million for the quarter, compared to analysts’ expectations of $395.05 million. Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. Northwest Natural’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 earnings per share. On average, analysts expect that Northwest Natural will post 2.33 earnings per share for the current year.
Northwest Natural Dividend Announcement
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus decreased their target price on shares of Northwest Natural from $45.00 to $44.00 and set a “buy” rating for the company in a research note on Thursday, November 14th.
Insiders Place Their Bets
In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of the stock in a transaction on Friday, December 20th. The shares were sold at an average price of $39.78, for a total transaction of $298,350.00. Following the sale, the chief executive officer now directly owns 144,298 shares of the company’s stock, valued at approximately $5,740,174.44. This represents a 4.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 23,009 shares of company stock valued at $936,978. Company insiders own 0.84% of the company’s stock.
About Northwest Natural
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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