Northwest Natural (NYSE:NWN) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Northwest Natural (NYSE:NWN) posted its quarterly earnings results on Friday. The utilities provider reported $1.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.01), RTT News reports. Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. The business had revenue of $370.90 million for the quarter, compared to analyst estimates of $395.05 million. During the same quarter in the prior year, the firm earned $1.21 EPS. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. Northwest Natural updated its FY 2025 guidance to 2.750-2.950 EPS and its FY25 guidance to $2.75-2.95 EPS.

Northwest Natural Price Performance

Shares of NYSE:NWN traded down $0.54 on Friday, hitting $40.60. The stock had a trading volume of 89,734 shares, compared to its average volume of 198,790. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 19.15 and a beta of 0.62. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.53 and a current ratio of 0.72. The firm’s 50 day moving average price is $40.11 and its 200-day moving average price is $40.35. Northwest Natural has a twelve month low of $34.82 and a twelve month high of $44.25.

Northwest Natural Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were issued a dividend of $0.49 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.83%. Northwest Natural’s payout ratio is presently 92.45%.

Analysts Set New Price Targets

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.

Insider Buying and Selling at Northwest Natural

In other Northwest Natural news, CEO David Hugo Anderson sold 7,500 shares of Northwest Natural stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $40.97, for a total value of $307,275.00. Following the completion of the transaction, the chief executive officer now owns 130,242 shares in the company, valued at approximately $5,336,014.74. The trade was a 5.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 23,009 shares of company stock worth $936,978 over the last ninety days. Corporate 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.