Northwest Natural (NYSE:NWN) Issues FY25 Earnings Guidance

Northwest Natural (NYSE:NWN) 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.

Analyst Ratings Changes

Separately, Stifel Nicolaus lowered their price target on Northwest Natural from $45.00 to $44.00 and set a “buy” rating for the company in a report on Thursday, November 14th.

Northwest Natural Stock Down 1.3 %

Shares of Northwest Natural stock traded down $0.52 during trading on Friday, hitting $40.62. 102,758 shares of the stock traded hands, compared to its average volume of 199,077. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 1.15. The stock’s fifty day simple moving average is $40.11 and its 200 day simple moving average is $40.35. The firm has a market cap of $1.63 billion, a P/E ratio of 19.16 and a beta of 0.62. Northwest Natural has a 52-week low of $34.82 and a 52-week high of $44.25.

Northwest Natural (NYSE:NWN) last posted its earnings results on Friday, February 28th. The utilities provider reported $1.41 EPS for the quarter, missing analysts’ consensus estimates of $1.42 by ($0.01). Northwest Natural had a net margin of 6.90% and a return on equity of 5.89%. The business had revenue of $370.90 million for the quarter, compared to analysts’ expectations of $395.05 million. During the same period last year, the business posted $1.21 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. On average, equities analysts predict that Northwest Natural will post 2.33 earnings per share for the current fiscal year.

Northwest Natural Announces Dividend

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

Insider Activity

In related news, CEO David Hugo Anderson sold 7,500 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $39.78, for a total transaction of $298,350.00. Following the sale, the chief executive officer now owns 144,298 shares of the company’s stock, valued at $5,740,174.44. This trade 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 through this link. In the last three months, insiders have sold 23,009 shares of company stock worth $936,978. 0.84% of the stock is currently owned by company insiders.

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.