Northwest Natural (NYSE:NWN) Updates FY25 Earnings Guidance

Northwest Natural (NYSE:NWN - Get Free Report) issued an update on its FY25 earnings guidance on Friday morning. The company provided EPS guidance of $2.75-2.95 for the period, compared to the consensus EPS estimate of $2.88. Northwest Natural also updated its FY 2025 guidance to 2.750-2.950 EPS.

Northwest Natural Stock Up 3.7 %

Shares of NYSE:NWN traded up $1.50 on Monday, hitting $42.38. 344,909 shares of the company's stock were exchanged, compared to its average volume of 208,310. The firm's 50-day moving average is $40.20 and its 200 day moving average is $40.43. The company has a market capitalization of $1.70 billion, a PE 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 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 (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 analyst estimates of $395.05 million. Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. The company's revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.21 earnings per share. Sell-side analysts predict that Northwest Natural will post 2.33 EPS for the current year.

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 was Friday, January 31st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.63%. Northwest Natural's dividend payout ratio (DPR) is presently 96.55%.

Analysts Set New Price Targets

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

Insider Activity at Northwest Natural

In related news, CEO David Hugo Anderson sold 7,500 shares of the company's stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $39.78, for a total value of $298,350.00. Following the completion of the sale, the chief executive officer now directly owns 144,298 shares of the company's stock, valued at $5,740,174.44. This represents a 4.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 23,009 shares of company stock valued at $936,978 in the last three months. 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.