NorthWestern (NYSE:NWE) issued its earnings results on Wednesday. The utilities provider reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.01, MarketWatch Earnings reports. NorthWestern had a net margin of 12.74% and a return on equity of 7.89%. NorthWestern updated its Q4 2020
After-Hours guidance to 1.23-1.38 EPS and its FY 2020
After-Hours guidance to 3.30-3.45 EPS.
Shares of NWE stock opened at $56.32 on Friday. NorthWestern has a 12 month low of $45.06 and a 12 month high of $80.52. The stock has a market cap of $2.85 billion, a P/E ratio of 18.59, a P/E/G ratio of 4.41 and a beta of 0.26. The company has a current ratio of 0.61, a quick ratio of 0.47 and a debt-to-equity ratio of 1.06. The company has a 50 day simple moving average of $50.59 and a two-hundred day simple moving average of $55.08.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, December 14th. This represents a $2.40 dividend on an annualized basis and a yield of 4.26%. NorthWestern’s dividend payout ratio is currently 70.18%.
In other NorthWestern news, CEO Robert C. Rowe sold 2,700 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $55.28, for a total transaction of $149,256.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.17% of the stock is currently owned by corporate insiders.
NorthWestern Company Profile
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, 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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