NorthWestern Energy Group (NYSE:NWE – Get Free Report) issued an update on its FY 2024 earnings guidance on Sunday morning. The company provided earnings per share (EPS) guidance of 3.420-3.620 for the period, compared to the consensus estimate of 3.500. The company issued revenue guidance of -.
NorthWestern Energy Group Trading Down 4.5 %
Shares of NWE stock opened at $51.49 on Tuesday. The company’s 50-day moving average price is $50.96 and its 200-day moving average price is $49.96. The company has a current ratio of 0.52, a quick ratio of 0.66 and a debt-to-equity ratio of 0.92. The stock has a market cap of $3.16 billion, a price-to-earnings ratio of 15.94 and a beta of 0.45. NorthWestern Energy Group has a twelve month low of $45.97 and a twelve month high of $55.47.
NorthWestern Energy Group (NYSE:NWE – Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.05. The firm had revenue of $319.90 million for the quarter, compared to analyst estimates of $310.40 million. NorthWestern Energy Group had a net margin of 14.21% and a return on equity of 7.65%. NorthWestern Energy Group’s revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.35 EPS. As a group, equities analysts predict that NorthWestern Energy Group will post 3.52 earnings per share for the current year.
NorthWestern Energy Group Dividend Announcement
Analyst Upgrades and Downgrades
Several analysts recently issued reports on NWE shares. StockNews.com upgraded shares of NorthWestern Energy Group from a hold rating to a buy rating in a report on Friday. Mizuho boosted their price target on shares of NorthWestern Energy Group from $51.00 to $52.00 and gave the stock a neutral rating in a research note on Thursday, May 16th. Finally, Wells Fargo & Company boosted their price target on shares of NorthWestern Energy Group from $54.00 to $58.00 and gave the stock an overweight rating in a research note on Thursday, August 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of Hold and a consensus target price of $52.86.
Read Our Latest Analysis on NWE
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.
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