NorthWestern (NWE) Scheduled to Post Earnings on Tuesday

NorthWestern (NYSE:NWE) is scheduled to release its earnings data after the market closes on Tuesday, July 23rd. Analysts expect NorthWestern to post earnings of $0.83 per share for the quarter.

NorthWestern (NYSE:NWE) last announced its earnings results on Tuesday, April 23rd. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.18 by $0.05. The business had revenue of $384.22 million for the quarter. NorthWestern had a net margin of 17.11% and a return on equity of 9.80%. On average, analysts expect NorthWestern to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

NWE opened at $71.59 on Monday. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 21.12, a PEG ratio of 6.58 and a beta of 0.28. NorthWestern has a twelve month low of $56.23 and a twelve month high of $74.47. The stock’s 50-day simple moving average is $72.66. The company has a quick ratio of 0.69, a current ratio of 0.83 and a debt-to-equity ratio of 1.06.

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.575 per share. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $2.30 dividend on an annualized basis and a yield of 3.21%. NorthWestern’s payout ratio is presently 67.85%.

In other NorthWestern news, CEO Robert C. Rowe sold 1,500 shares of NorthWestern stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $72.57, for a total transaction of $108,855.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.17% of the stock is owned by insiders.

A number of research firms recently weighed in on NWE. Zacks Investment Research upgraded shares of Hope Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, April 17th. Barclays restated a “top pick” rating and set a GBX 3,250 ($42.47) price target on shares of in a research report on Wednesday, June 19th. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. NorthWestern presently has an average rating of “Hold” and an average price target of $64.50.

About NorthWestern

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers. The company operates through Electric Operations and Natural Gas Operations segments. It generates, transmits, and distributes electricity; and produces, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.

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Earnings History for NorthWestern (NYSE:NWE)

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