Brokerages expect NorthWestern Corp (NYSE:NWE) to report earnings per share (EPS) of $0.83 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for NorthWestern’s earnings, with estimates ranging from $0.63 to $1.03. NorthWestern posted earnings per share of $0.87 during the same quarter last year, which suggests a negative year over year growth rate of 4.6%. The business is scheduled to announce its next quarterly earnings report on Thursday, July 18th.

On average, analysts expect that NorthWestern will report full year earnings of $3.59 per share for the current year, with EPS estimates ranging from $3.45 to $3.83. For the next year, analysts forecast that the company will report earnings of $3.64 per share, with EPS estimates ranging from $3.55 to $3.77. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover NorthWestern.

NorthWestern (NYSE:NWE) last posted its quarterly earnings results on Tuesday, April 23rd. The utilities provider reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.05. NorthWestern had a net margin of 17.11% and a return on equity of 9.80%. The firm had revenue of $384.22 million during the quarter.

NWE has been the subject of several recent research reports. Bank of America reissued an “underperform” rating and set a $55.00 target price on shares of NorthWestern in a research report on Thursday, March 14th. Barclays downgraded shares of NorthWestern from an “equal weight” rating to an “underweight” rating and boosted their target price for the stock from $62.00 to $65.00 in a research report on Wednesday, March 20th. Williams Capital reissued a “sell” rating on shares of NorthWestern in a research report on Monday, March 18th. Finally, Zacks Investment Research raised shares of NorthWestern from a “hold” rating to a “strong-buy” rating and set a $80.00 target price for the company in a research report on Wednesday, April 17th. Four equities research analysts have rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. NorthWestern presently has an average rating of “Hold” and a consensus price target of $64.00.

NYSE:NWE opened at $72.47 on Tuesday. 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 stock has a market cap of $3.63 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 6.61 and a beta of 0.30. NorthWestern has a one year low of $52.93 and a one year high of $74.47.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.575 per share. This represents a $2.30 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Thursday, June 13th. NorthWestern’s payout ratio is presently 67.85%.

In related news, CEO Robert C. Rowe sold 1,500 shares of the business’s 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.17% of the stock is currently owned by insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its stake in NorthWestern by 41.3% in the fourth quarter. Parallel Advisors LLC now owns 571 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 167 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in NorthWestern by 4.0% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,630 shares of the utilities provider’s stock valued at $275,000 after acquiring an additional 180 shares during the last quarter. First Mercantile Trust Co. boosted its stake in NorthWestern by 6.7% in the fourth quarter. First Mercantile Trust Co. now owns 3,030 shares of the utilities provider’s stock valued at $180,000 after acquiring an additional 190 shares during the last quarter. Berman Capital Advisors LLC boosted its stake in NorthWestern by 62.8% in the first quarter. Berman Capital Advisors LLC now owns 529 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 204 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in NorthWestern by 1.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 16,776 shares of the utilities provider’s stock valued at $1,181,000 after acquiring an additional 211 shares during the last quarter. Institutional investors and hedge funds own 95.96% of the company’s stock.

NorthWestern Company Profile

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.

Recommended Story: What is the cash asset ratio?

Get a free copy of the Zacks research report on NorthWestern (NWE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for NorthWestern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NorthWestern and related companies with MarketBeat.com's FREE daily email newsletter.