NorthWestern Corp

NorthWestern Corp Stock Forecast & Price Prediction

Live NorthWestern Corp Stock (NWE) Price
$52.80

9

Ratings

  • Buy 3
  • Hold 5
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$52.80

P/E Ratio

14.23

Volume Traded Today

$288,420

Dividend

$0.65

52 Week High/low

57.49/46.15

NorthWestern Corp Market Cap

$3.24B

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NWE Summary

Based on ratings from 9 stock analysts, the NorthWestern Corp stock price is expected to increase by 10.09% in 12 months. This is calculated by using the average 12-month stock price forecast for NorthWestern Corp. The lowest target is $51 and the highest is $68. Please note analyst price targets are not guaranteed and could be missed completely.

NWE Analyst Ratings

About 9 Wall Street analysts have assignedNWE 3 buy ratings, 5 hold ratings, and 1 sell ratings. This means that analysts expect NorthWestern Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NWE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

NWE stock forecast by analyst

These are the latest 20 analyst ratings of NWE.

Analyst/Firm

Rating

Price Target

Change

Date

Jeremy Tonet
JP Morgan

Neutral

$60

Maintains

Oct 21, 2024
Jonathan Reeder
Wells Fargo

Overweight

$61

Maintains

Oct 16, 2024
Anthony Crowdell
Mizuho

Neutral

$56

Maintains

Oct 9, 2024
Ross Fowler
B of A Securities

Buy

$65

Reinstates

Sep 12, 2024
Eric Beaumont
Barclays

Underweight

$53

Maintains

Aug 6, 2024
Jonathan Reeder
Wells Fargo

Overweight

$58

Maintains

Aug 1, 2024
Anthony Crowdell
Mizuho

Neutral

$52

Maintains

May 16, 2024
Jeremy Tonet
JP Morgan

Neutral

$54

Maintains

Mar 21, 2024
Eric Beaumont
Barclays

Underweight

$49

Maintains

Jan 22, 2024
Shahriar Pourreza
Guggenheim

Neutral

$47

Upgrade

Jan 22, 2024
Sophie Karp
Keybanc

Sector Weight


Downgrade

Jan 4, 2024
Paul Fremont
Ladenburg Thalmann

Neutral

$51

Downgrade

Nov 7, 2023
Jonathan Reeder
Wells Fargo

Overweight

$51

Upgrade

Oct 30, 2023
Sophie Karp
Keybanc

Overweight

$59

Maintains

Oct 18, 2023
Brandon Travis
JP Morgan

Neutral

$55

Maintains

Oct 10, 2023
Anthony Crowdell
Mizuho

Neutral

$52

Maintains

Sep 22, 2023
Eric Beaumont
Barclays

Underweight

$48

Initiates

Aug 23, 2023
Paul Fremont
Ladenburg Thalmann

Buy

$53

Maintains

Aug 17, 2023
Paul Fremont
Ladenburg Thalmann

Buy

$59

Upgrade

Jul 27, 2023
Shahriar Pourreza
Guggenheim

Sell

$48

Reiterates

Jul 27, 2023

NWE Company Information

What They Do: Provides electricity and natural gas services.

Business Model: The company generates, purchases, transmits, and distributes electricity and natural gas to residential, commercial, and industrial customers. It earns revenue through service fees and charges associated with electricity and natural gas delivery across its extensive transmission and distribution networks.

Other Information: NorthWestern Energy operates a vast infrastructure, including 6,600 miles of electric transmission and 18,674 miles of distribution lines, serving approximately 775,300 customers across Montana, South Dakota, Nebraska, and Yellowstone National Park. Established in 1923, the company is headquartered in Sioux Falls, South Dakota.
NWE
NorthWestern Corp (NWE)

When did it IPO

2007

Staff Count

1,573

Country

United States

Sector/Industry

Utilities/Utilities - Regulated Electric

CEO

Mr. Brian B. Bird

Market Cap

$3.24B

NorthWestern Corp (NWE) Financial Data

In 2023, NWE generated $1.42B in revenue, which was a decrease of -3.77% from the previous year. This can be seen as a signal that NWE's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.20B

Revenue From 2021

$1.37B

14.49 %
From Previous Year

Revenue From 2022

$1.48B

7.69 %
From Previous Year

Revenue From 2023

$1.42B

-3.77 %
From Previous Year
  • Revenue TTM $1.50B
  • Operating Margin TTM 19.9%
  • Gross profit TTM $781.4M
  • Return on assets TTM 2.7%
  • Return on equity TTM 8.2%
  • Profit Margin 15.1%
  • Book Value Per Share 45.94%
  • Market capitalisation $3.24B
  • Revenue for 2021 $1.37B
  • Revenue for 2022 $1.48B
  • Revenue for 2023 $1.42B
  • EPS this year (TTM) $3.71

NorthWestern Corp (NWE) Latest News

News Image

Sat, 30 Nov 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Investors often seek dividend-yielding stocks during market turbulence, favoring companies with strong free cash flows that offer substantial dividend payouts.

Why It Matters - Dividend-yielding stocks attract investors during market volatility, indicating stability and reliable returns, which can enhance portfolio resilience amid uncertainty.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NorthWestern Energy has elected David L. Goodin as a director, effective Dec. 1, 2024. Goodin has over 40 years of utility industry experience, retiring as president of MDU Resources on Jan. 5, 2024.

Why It Matters - David L. Goodin's election to the board enhances NorthWestern Energy's leadership with valuable industry experience, potentially improving strategic decisions and investor confidence.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - NorthWestern Energy Group, Inc. (NASDAQ:NWE) will host its Q3 2024 earnings conference call on October 30, 2024, at 3:00 PM ET, featuring key executives and analysts.

Why It Matters - NorthWestern Energy's Q3 earnings call provides insights into financial performance and future outlook, crucial for assessing its market position and investment potential.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NorthWestern Energy reported Q3 2024 net income of $46.8 million ($0.76 per share), up from $29.3 million ($0.48 per share) in Q3 2023. Non-GAAP income was $39.7 million ($0.65 per share).

Why It Matters - NorthWestern Energy's significant increase in net income and earnings per share indicates strong financial performance, potentially boosting investor confidence and stock value.

News Image

Mon, 28 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - NorthWestern (NWE) reported quarterly earnings of $0.65 per share, below the Zacks Consensus Estimate of $0.70, but up from $0.49 per share year-over-year.

Why It Matters - NorthWestern's earnings miss signals potential operational issues or market challenges, impacting investor confidence and possibly leading to stock price fluctuations.

News Image

Mon, 07 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NorthWestern Energy (Nasdaq: NWE) will host an investor webinar on October 30, 2024, at 3 PM ET to review Q3 financial results, with a news release on October 28, 2024.

Why It Matters - The upcoming financial results webinar and news release from NorthWestern Energy may influence investor sentiment and stock performance, highlighting potential growth or concerns in the company's financial health.

...

NWE Frequently asked questions

The highest forecasted price for NWE is $68 from Sophie Karp at Keybanc.

The lowest forecasted price for NWE is $51 from Jonathan Reeder from Wells Fargo

The NWE analyst ratings consensus are 3 buy ratings, 5 hold ratings, and 1 sell ratings.