What is KeyCorp’s Forecast for NWE FY2027 Earnings?

NorthWestern Energy Group, Inc. (NYSE:NWE) – Equities researchers at KeyCorp increased their FY2027 earnings per share (EPS) estimates for shares of NorthWestern Energy Group in a note issued to investors on Tuesday, December 3rd. KeyCorp analyst S. Karp now forecasts that the company will post earnings of $4.03 per share for the year, up from their previous estimate of $4.02. The consensus estimate for NorthWestern Energy Group’s current full-year earnings is $3.39 per share.

Several other equities analysts have also recently commented on NWE. Mizuho raised their price target on shares of NorthWestern Energy Group from $52.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, October 9th. Wells Fargo & Company lifted their target price on NorthWestern Energy Group from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Bank of America assumed coverage on NorthWestern Energy Group in a report on Thursday, September 12th. They set a “buy” rating and a $65.00 price target on the stock. JPMorgan Chase & Co. increased their price target on NorthWestern Energy Group from $56.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Finally, StockNews.com downgraded NorthWestern Energy Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $57.00.

NorthWestern Energy Group Trading Down 0.7 %

Shares of NWE stock opened at $53.43 on Thursday. NorthWestern Energy Group has a fifty-two week low of $46.15 and a fifty-two week high of $57.49. The company has a 50 day moving average price of $55.04 and a 200 day moving average price of $53.35. The stock has a market capitalization of $3.28 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 2.62 and a beta of 0.48. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.30 and a current ratio of 0.45.

NorthWestern Energy Group (NYSE:NWE) last released its earnings results on Monday, October 28th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). The firm had revenue of $345.20 million during the quarter, compared to analyst estimates of $344.06 million. NorthWestern Energy Group had a net margin of 15.15% and a return on equity of 7.95%. During the same period in the prior year, the firm earned $0.49 earnings per share.

NorthWestern Energy Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.65 per share. The ex-dividend date is Friday, December 13th. This represents a $2.60 annualized dividend and a dividend yield of 4.87%. NorthWestern Energy Group’s dividend payout ratio is currently 70.08%.

Hedge Funds Weigh In On NorthWestern Energy Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arizona State Retirement System boosted its stake in NorthWestern Energy Group by 1.9% in the second quarter. Arizona State Retirement System now owns 17,154 shares of the company’s stock valued at $859,000 after acquiring an additional 323 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of NorthWestern Energy Group by 4.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 7,903 shares of the company’s stock valued at $452,000 after purchasing an additional 359 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. boosted its position in shares of NorthWestern Energy Group by 0.6% in the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 62,205 shares of the company’s stock valued at $3,559,000 after purchasing an additional 375 shares during the period. V Square Quantitative Management LLC purchased a new position in NorthWestern Energy Group during the 3rd quarter worth approximately $26,000. Finally, KBC Group NV grew its stake in NorthWestern Energy Group by 38.4% during the 3rd quarter. KBC Group NV now owns 1,676 shares of the company’s stock worth $96,000 after buying an additional 465 shares during the last quarter. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Company Profile

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.