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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.