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

Northwest Natural (NYSE:NWN) posted its earnings results 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. The business had revenue of $370.90 million for the quarter, compared to analysts’ expectations of $395.05 million. Northwest Natural had a return on equity of 5.89% and a net margin of 6.90%. Northwest Natural’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.21 EPS. 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 Stock Performance

NYSE:NWN traded down $0.62 during mid-day trading on Friday, reaching $40.52. 107,440 shares of the stock were exchanged, compared to its average volume of 199,146. The stock has a market capitalization of $1.63 billion, a P/E ratio of 19.10 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 50 day simple moving average of $40.11 and a 200-day simple moving average of $40.35. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.15.

Northwest Natural Announces Dividend

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 dividend yield of 4.84%. Northwest Natural’s dividend payout ratio (DPR) is presently 92.45%.

Insider Buying and Selling at Northwest Natural

In other news, CEO David Hugo Anderson sold 7,500 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were 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 directly owns 137,742 shares of the company’s stock, valued at approximately $5,692,876.86. This represents a 5.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders sold 23,009 shares of company stock worth $936,978. 0.84% of the stock is owned by insiders.

Analyst Ratings Changes

Separately, Stifel Nicolaus reduced their price objective on shares of Northwest Natural from $45.00 to $44.00 and set a “buy” rating for the company 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.