Northwest Natural Gas (NYSE:NWN) Issues FY 2026 Earnings Guidance

Northwest Natural Gas (NYSE:NWN) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 2.950-3.150 for the period, compared to the consensus EPS estimate of 2.960. The company issued revenue guidance of -.

Northwest Natural Gas Price Performance

Northwest Natural Gas stock traded up $2.84 during mid-day trading on Friday, hitting $53.11. 593,495 shares of the company were exchanged, compared to its average volume of 287,723. The company has a market capitalization of $2.20 billion, a PE ratio of 21.16 and a beta of 0.57. The business has a fifty day moving average of $47.65 and a 200 day moving average of $45.77. Northwest Natural Gas has a 1-year low of $38.94 and a 1-year high of $53.48. The company has a quick ratio of 0.43, a current ratio of 0.59 and a debt-to-equity ratio of 1.48.

Northwest Natural Gas (NYSE:NWN) last issued its earnings results on Friday, February 27th. The utilities provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.36 by $0.03. The company had revenue of $394.16 million for the quarter, compared to the consensus estimate of $419.36 million. Northwest Natural Gas had a net margin of 7.94% and a return on equity of 8.30%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.41 EPS. Northwest Natural Gas has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, sell-side analysts expect that Northwest Natural Gas will post 2.33 earnings per share for the current year.

Northwest Natural Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were paid a $1.97 dividend. This represents a $7.88 dividend on an annualized basis and a dividend yield of 14.8%. This is an increase from Northwest Natural Gas’s previous quarterly dividend of $0.49. The ex-dividend date was Friday, January 30th. Northwest Natural Gas’s dividend payout ratio is presently 78.49%.

Analyst Upgrades and Downgrades

NWN has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Northwest Natural Gas in a research report on Thursday, January 22nd. Stifel Nicolaus increased their price target on shares of Northwest Natural Gas from $50.00 to $52.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Finally, BTIG Research reissued a “buy” rating and issued a $55.00 price target on shares of Northwest Natural Gas in a report on Friday, January 30th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $51.33.

Hedge Funds Weigh In On Northwest Natural Gas

Institutional investors have recently modified their holdings of the stock. Larson Financial Group LLC increased its stake in shares of Northwest Natural Gas by 104.3% in the 3rd quarter. Larson Financial Group LLC now owns 711 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 363 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Northwest Natural Gas by 77.4% during the second quarter. EverSource Wealth Advisors LLC now owns 807 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 352 shares during the period. Kemnay Advisory Services Inc. bought a new stake in Northwest Natural Gas in the fourth quarter valued at approximately $70,000. Osaic Holdings Inc. raised its holdings in Northwest Natural Gas by 29.4% in the second quarter. Osaic Holdings Inc. now owns 2,013 shares of the utilities provider’s stock worth $80,000 after purchasing an additional 457 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in shares of Northwest Natural Gas by 523.2% during the second quarter. Tower Research Capital LLC TRC now owns 4,269 shares of the utilities provider’s stock worth $170,000 after purchasing an additional 3,584 shares in the last quarter. 75.13% of the stock is currently owned by institutional investors and hedge funds.

About Northwest Natural Gas

Northwest Natural Gas (NYSE: NWN), commonly known as NW Natural, is a publicly traded energy utility primarily engaged in the distribution of natural gas to residential, commercial and industrial customers. Headquartered in Portland, Oregon, the company operates an extensive pipeline network spanning thousands of miles across Oregon and southwest Washington. Its core business activities include gas procurement, system operation and maintenance, safety inspections and customer service support.

Dating back to the mid-19th century, Northwest Natural traces its origins to the Portland Gas Light Company, which first illuminated Portland streets with manufactured gas in 1859.