Northwest Natural (NYSE:NWN) Announces Quarterly Earnings Results

Northwest Natural (NYSE:NWN - Get Free Report) posted its quarterly earnings data on Friday. The utilities provider reported $1.41 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $370.90 million during the quarter, compared to the consensus estimate of $395.05 million. During the same quarter last year, the company posted $1.21 earnings per share. The firm's revenue for the quarter 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

NWN traded up $1.50 during midday trading on Monday, hitting $42.38. The stock had a trading volume of 266,770 shares, compared to its average volume of 205,169. The company has a market cap of $1.70 billion, a P/E ratio of 19.99 and a beta of 0.62. Northwest Natural has a 1 year low of $34.82 and a 1 year high of $44.25. The business has a fifty day moving average of $40.14 and a 200 day moving average of $40.40. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.53 and a current ratio of 0.72.

Northwest Natural Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were given a $0.49 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $1.96 dividend on an annualized basis and a yield of 4.63%. Northwest Natural's payout ratio is 96.55%.

Insider Transactions at Northwest Natural

In other news, CEO David Hugo Anderson sold 7,500 shares of the business's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $41.33, for a total value of $309,975.00. Following the completion of the sale, the chief executive officer now owns 137,742 shares of the company's stock, valued at approximately $5,692,876.86. The trade was a 5.16 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders sold 23,009 shares of company stock worth $936,978. 0.84% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus lowered their price objective on shares of Northwest Natural from $45.00 to $44.00 and set a "buy" rating on the stock in a research report on Thursday, November 14th.

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.