NorthWestern Corporation (NWE)

NASDAQ: NWE · IEX Real-Time Price · USD
50.89
-0.54 (-1.05%)
Dec 29, 2023, 4:00 PM EST - Market closed
-1.05%
Market Cap 3.12B
Revenue (ttm) 1.49B
Net Income (ttm) 177.73M
Shares Out 61.24M
EPS (ttm) 3.01
PE Ratio 16.91
Forward PE 13.83
Dividend $2.56 (5.03%)
Ex-Dividend Date Dec 14, 2023
Volume 399,229
Open 51.25
Previous Close 51.43
Day's Range 50.71 - 51.36
52-Week Range 45.97 - 61.24
Beta 0.48
Analysts Hold
Price Target 53.50 (+5.13%)
Earnings Date Feb 15, 2024

About NWE

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. The company operates 6,597 miles of electric transmission and 18,534 miles of electric distribution lines with approximately 121 transmission and distribution substations; and 2,235 miles of na... [Read more]

Sector Utilities
Founded 1923
Employees 1,530
Stock Exchange NASDAQ
Ticker Symbol NWE
Full Company Profile

Financial Performance

In 2022, NorthWestern's revenue was $1.48 billion, an increase of 7.69% compared to the previous year's $1.37 billion. Earnings were $183.01 million, a decrease of -2.05%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for NWE stock is "Hold." The 12-month stock price forecast is $53.5, which is an increase of 5.13% from the latest price.

Price Target
$53.5
(5.13% upside)
Analyst Consensus: Hold
Stock Forecasts

News

NorthWestern Reports Third Quarter 2023 Financial Results

Company reports GAAP diluted earnings per share of $0.48 for the quarter;  affirms $510 million capital plan for 2023; initiates earnings guidance for 2023 and 2024 and increases  long-term earnings p...

2 months ago - GlobeNewsWire

NorthWestern to Host Third Quarter 2023 Financial Results Webinar

BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 09, 2023 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that it will host an investor webinar on F...

2 months ago - GlobeNewsWire

‘Close your eyes and buy' these utilities stocks, analyst says

The crisis-like selloff in the utilities sector, resulting from the spike in interest rates, has created historically attractive buying opportunities for a number of stocks, KeyBanc Capital's Sophie K...

Other symbols: AEECMSCNPDTEETRFEWEC
3 months ago - Market Watch

NorthWestern Energy to Effectuate Holding Company Reorganization on October 2, 2023

BUTTE, Mont. and SIOUX FALLS, S.D., Sept. 29, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that it intends to effectuate its previously ann...

3 months ago - GlobeNewsWire

Power Up: 6 Utility Stocks Yielding Up To 8.9%

Utility stocks are the OG dividend payers. They're delightfully dull.

Other symbols: AYCWENNEPSPHUGI
3 months ago - Forbes

NorthWestern Reports Second Quarter 2023 Financial Results

Company reports GAAP diluted earnings per share of $0.32 for the quarter, affirms $510 million capital plan for 2023 and announces a $0.64 per share quarterly dividend payable September 29, 2023 Compa...

5 months ago - GlobeNewsWire

NorthWestern to Host Second Quarter 2023 Financial Results Webinar

BUTTE, Mont. and SIOUX FALLS, S.D., July 06, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that it will host an investor webinar on Wednesda...

6 months ago - GlobeNewsWire

NorthWestern: Steady Dividend With Potential Population Growth

Electric and gas utility stocks are typically used as income-oriented investments with their steady and essential source of monthly revenues from consumers and their high dividend yields. Yet utilitie...

6 months ago - GuruFocus

NorthWestern Energy names Bleau LaFave vice president of asset management and business development

SIOUX FALLS, S.D. and BUTTE, Mont., June 05, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) announces that Director of Long-Term Resources Bleau LaFave will ...

7 months ago - GlobeNewsWire

NorthWestern Energy Announces Election of Sherina Maye Edwards to the Board of Directors

SIOUX FALLS, S.D. and BUTTE, Mont., April 28, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that Sherina Maye Edwards has been elected by th...

8 months ago - GlobeNewsWire

NorthWestern Reports First Quarter 2023 Financial Results

Company reports GAAP diluted earnings per share of $1.05 for the quarter, affirms $510 million capital plan for 2023 and announces a $0.64 per share quarterly dividend payable June 30, 2023 Company re...

8 months ago - GlobeNewsWire

These 3 Utilities Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Dominion Energy (NYSE:D), NorthWestern (NASDAQ:NWE)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: DOGE
9 months ago - Benzinga

NorthWestern Energy will appeal district court order vacating air quality permit for Yellowstone County Generating Station

BUTTE, Mont., April 07, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) appreciates that Montana District Court Judge Michael Moses supported the majority of ...

9 months ago - GlobeNewsWire

NorthWestern to Host First Quarter 2023 Financial Results Webinar and Notice of Virtual Annual Stockholders Meeting

BUTTE, Mont. and SIOUX FALLS, S.D., April 05, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that it will host an investor webinar on Friday,...

9 months ago - GlobeNewsWire

NorthWestern Energy reaches multiparty settlement agreement in Montana Electric and Natural Gas Regulatory Rate Review

SIOUX FALLS, S.D. and BUTTE, Mont., April 03, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) and certain parties reached a settlement agreement in its Montan...

9 months ago - GlobeNewsWire

NorthWestern Reports 2022 Financial Results

Company reports GAAP diluted earnings per share of $3.25 for 2022, announces a  $510 million capital plan for 2023 and a 1.6% increase to the quarterly dividend –  to $0.64 per share – payable March 3...

11 months ago - GlobeNewsWire

NorthWestern Energy enters into strategic agreement to secure reliable, cost effective energy service for Montana

BUTTE, Mont., Jan. 16, 2023 (GLOBE NEWSWIRE) -- NorthWestern Energy and Avista announce an agreement to provide NorthWestern Energy's Montana customers needed on-demand power generation capacity and a...

1 year ago - GlobeNewsWire

NorthWestern to Host Year-End 2022 Financial Results Webinar

BUTTE, Mont. and SIOUX FALLS, S.D., Jan. 11, 2023 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that it will host an investor webinar on Friday, ...

1 year ago - GlobeNewsWire

20 dividend stocks that may be safest if the Federal Reserves causes a recession

Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions.

1 year ago - Market Watch

NorthWestern Reports Third Quarter 2022 Financial Results

Company reports GAAP diluted earnings per share of $0.47 for the quarter, narrows 2022 earnings guidance, remains on track for 2022 capital plan and announces a $0.63 per share quarterly dividend paya...

1 year ago - GlobeNewsWire

NorthWestern to Host Third Quarter 2022 Financial Results Webinar

BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 05, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that it will host an investor webinar on Tuesday,...

1 year ago - GlobeNewsWire

These 7 Utilities Are Worth A Look

Utility stocks—the “OGs of dividend payers”—have sailed through 2022.

Other symbols: ALEAVANWNOGEPNWSR
1 year ago - Forbes

Hunting For Dividend Yield In Utilities? This Small Cap Name Can Light Up Your Portfolio

When looking for stocks that offer dividends, many investors are not expecting large returns in the share price over the near term.

1 year ago - Benzinga

NorthWestern Energy Welcomes New Board Member

BUTTE, Mont. and SIOUX FALLS, S.D., Aug. 01, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that its board of directors recently elected Kent...

1 year ago - GlobeNewsWire

NorthWestern Energy CEO Bob Rowe announces his plan to retire

BUTTE, Mont. and SIOUX FALLS, S.D., July 28, 2022 (GLOBE NEWSWIRE) -- NorthWestern Energy announced today that Bob Rowe will retire as chief executive officer and a member of NorthWestern Energy's boa...

1 year ago - GlobeNewsWire