Wall Street brokerages predict that NorthWestern Corp (NYSE:NWE) will report earnings per share (EPS) of $1.06 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for NorthWestern’s earnings. NorthWestern posted earnings per share of $0.98 during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.2%. The company is scheduled to issue its next earnings results on Monday, February 11th.

According to Zacks, analysts expect that NorthWestern will report full year earnings of $3.40 per share for the current year, with EPS estimates ranging from $3.38 to $3.41. For the next year, analysts expect that the company will post earnings of $3.43 per share, with EPS estimates ranging from $3.40 to $3.45. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow NorthWestern.

NorthWestern (NYSE:NWE) last issued its quarterly earnings results on Tuesday, October 23rd. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.14). The company had revenue of $279.87 million during the quarter, compared to the consensus estimate of $312.21 million. NorthWestern had a return on equity of 9.64% and a net margin of 14.53%. The firm’s quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 EPS.

NWE has been the subject of several recent research reports. ValuEngine upgraded shares of NorthWestern from a “hold” rating to a “buy” rating in a research note on Wednesday. Credit Suisse Group boosted their target price on shares of NorthWestern from $55.00 to $56.00 and gave the company an “underperform” rating in a research note on Monday, October 1st. Barclays initiated coverage on shares of NorthWestern in a research note on Tuesday, July 10th. They set an “equal weight” rating and a $60.00 target price for the company. Zacks Investment Research lowered shares of NorthWestern from a “buy” rating to a “hold” rating in a research note on Thursday, September 20th. Finally, Wells Fargo & Co boosted their target price on shares of NorthWestern from $59.00 to $61.00 and gave the company a “market perform” rating in a research note on Monday, September 17th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. NorthWestern currently has an average rating of “Hold” and an average price target of $61.00.

Shares of NYSE:NWE traded down $1.04 during midday trading on Tuesday, reaching $57.96. The company had a trading volume of 396,433 shares, compared to its average volume of 346,347. The company has a current ratio of 0.71, a quick ratio of 0.62 and a debt-to-equity ratio of 1.07. NorthWestern has a one year low of $50.01 and a one year high of $64.47. The firm has a market cap of $2.92 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 7.46 and a beta of 0.08.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be paid a dividend of $0.55 per share. The ex-dividend date is Thursday, December 13th. This represents a $2.20 annualized dividend and a yield of 3.80%. NorthWestern’s payout ratio is 66.67%.

A number of hedge funds have recently added to or reduced their stakes in the business. James Investment Research Inc. acquired a new position in shares of NorthWestern during the third quarter valued at $2,113,000. W.E. Donoghue & Co. LLC boosted its holdings in shares of NorthWestern by 79.1% during the third quarter. W.E. Donoghue & Co. LLC now owns 16,549 shares of the utilities provider’s stock valued at $971,000 after acquiring an additional 7,307 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of NorthWestern by 9.7% during the third quarter. Russell Investments Group Ltd. now owns 183,995 shares of the utilities provider’s stock valued at $10,792,000 after acquiring an additional 16,243 shares during the period. First Trust Advisors LP boosted its holdings in shares of NorthWestern by 367.1% during the third quarter. First Trust Advisors LP now owns 504,689 shares of the utilities provider’s stock valued at $29,605,000 after acquiring an additional 396,646 shares during the period. Finally, Retirement Systems of Alabama lifted its holdings in NorthWestern by 0.5% in the third quarter. Retirement Systems of Alabama now owns 183,326 shares of the utilities provider’s stock worth $10,754,000 after purchasing an additional 961 shares during the period. Hedge funds and other institutional investors own 95.19% of the company’s stock.

About NorthWestern

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.

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Earnings History and Estimates for NorthWestern (NYSE:NWE)

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