Northwest Natural Gas (NYSE:NWN) Issues FY 2026 Earnings Guidance

Northwest Natural Gas (NYSE:NWNGet Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 2.950-3.150 for the period, compared to the consensus earnings per share estimate of 2.960. The company issued revenue guidance of -.

Northwest Natural Gas Stock Up 5.6%

Northwest Natural Gas stock opened at $53.11 on Friday. The company’s 50-day moving average price is $47.78 and its two-hundred day moving average price is $45.86. The company has a quick ratio of 0.43, a current ratio of 0.59 and a debt-to-equity ratio of 1.48. The stock has a market cap of $2.20 billion, a P/E ratio of 21.16 and a beta of 0.57. Northwest Natural Gas has a twelve month low of $38.94 and a twelve month high of $53.48.

Northwest Natural Gas (NYSE:NWNGet Free Report) last posted its earnings results on Friday, February 27th. The utilities provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.36 by $0.03. The company had revenue of $394.16 million for the quarter, compared to the consensus estimate of $419.36 million. Northwest Natural Gas had a return on equity of 8.30% and a net margin of 7.94%.The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.41 earnings per share. Northwest Natural Gas has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, analysts expect that Northwest Natural Gas will post 2.33 EPS for the current year.

Northwest Natural Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a dividend of $1.97 per share. This is an increase from Northwest Natural Gas’s previous quarterly dividend of $0.49. This represents a $7.88 dividend on an annualized basis and a dividend yield of 14.8%. The ex-dividend date of this dividend was Friday, January 30th. Northwest Natural Gas’s payout ratio is 78.49%.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Northwest Natural Gas from $50.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Northwest Natural Gas in a report on Thursday, January 22nd. Finally, BTIG Research reaffirmed a “buy” rating and set a $55.00 target price on shares of Northwest Natural Gas in a report on Friday, January 30th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $51.33.

Read Our Latest Report on NWN

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Institutional Investors Weigh In On Northwest Natural Gas

A number of large investors have recently modified their holdings of the business. Larson Financial Group LLC raised its holdings in shares of Northwest Natural Gas by 104.3% during the 3rd quarter. Larson Financial Group LLC now owns 711 shares of the utilities provider’s stock worth $32,000 after buying an additional 363 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Northwest Natural Gas by 77.4% in the second quarter. EverSource Wealth Advisors LLC now owns 807 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 352 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in Northwest Natural Gas during the fourth quarter worth about $70,000. Osaic Holdings Inc. lifted its holdings in shares of Northwest Natural Gas by 29.4% in the second quarter. Osaic Holdings Inc. now owns 2,013 shares of the utilities provider’s stock worth $80,000 after acquiring an additional 457 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Northwest Natural Gas by 523.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,269 shares of the utilities provider’s stock valued at $170,000 after purchasing an additional 3,584 shares in the last quarter. Institutional investors and hedge funds own 75.13% of the company’s stock.

About Northwest Natural Gas

(Get Free Report)

Northwest Natural Gas (NYSE: NWN), commonly known as NW Natural, is a publicly traded energy utility primarily engaged in the distribution of natural gas to residential, commercial and industrial customers. Headquartered in Portland, Oregon, the company operates an extensive pipeline network spanning thousands of miles across Oregon and southwest Washington. Its core business activities include gas procurement, system operation and maintenance, safety inspections and customer service support.

Dating back to the mid-19th century, Northwest Natural traces its origins to the Portland Gas Light Company, which first illuminated Portland streets with manufactured gas in 1859.

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