NorthWestern Corp (NYSE:NWE) – Stock analysts at KeyCorp issued their Q3 2018 earnings per share (EPS) estimates for shares of NorthWestern in a research note issued to investors on Thursday, October 18th. KeyCorp analyst P. Ridzon forecasts that the utilities provider will post earnings per share of $0.68 for the quarter.

NorthWestern (NYSE:NWE) last announced its quarterly earnings data on Thursday, July 19th. The utilities provider reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.43. NorthWestern had a return on equity of 10.28% and a net margin of 14.84%. The firm had revenue of $261.82 million for the quarter, compared to analyst estimates of $286.14 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. NorthWestern’s quarterly revenue was down 7.8% on a year-over-year basis.

A number of other research analysts have also weighed in on NWE. ValuEngine raised NorthWestern from a “sell” rating to a “hold” rating in a report on Monday, July 2nd. Credit Suisse Group upped their price objective on NorthWestern from $54.00 to $55.00 and gave the stock a “$58.28” rating in a report on Thursday, July 19th. Zacks Investment Research lowered NorthWestern from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. Barclays assumed coverage on NorthWestern in a report on Tuesday, July 10th. They set an “equal weight” rating and a $60.00 price objective on the stock. Finally, Wells Fargo & Co upped their target price on NorthWestern from $59.00 to $61.00 and gave the company a “market perform” rating in a report on Monday, September 17th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $59.60.

Shares of NWE stock opened at $60.75 on Monday. NorthWestern has a 1-year low of $50.01 and a 1-year high of $64.47. The firm has a market cap of $3.06 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 7.78 and a beta of 0.08. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.07.

In other NorthWestern news, VP Curtis T. Pohl sold 1,200 shares of the company’s stock in a transaction on Friday, July 27th. The stock was sold at an average price of $58.73, for a total value of $70,476.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the business. Burney Co. acquired a new stake in NorthWestern in the second quarter valued at $427,000. Sei Investments Co. grew its holdings in NorthWestern by 11.4% in the second quarter. Sei Investments Co. now owns 46,965 shares of the utilities provider’s stock valued at $2,689,000 after purchasing an additional 4,806 shares during the last quarter. Millennium Management LLC grew its holdings in NorthWestern by 42.4% in the second quarter. Millennium Management LLC now owns 588,698 shares of the utilities provider’s stock valued at $33,703,000 after purchasing an additional 175,202 shares during the last quarter. Martingale Asset Management L P grew its holdings in NorthWestern by 2.8% in the second quarter. Martingale Asset Management L P now owns 145,146 shares of the utilities provider’s stock valued at $8,310,000 after purchasing an additional 4,006 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new stake in NorthWestern in the second quarter valued at $132,000. 95.31% of the stock is currently owned by institutional investors.

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, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.

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