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

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

Northwest Natural Gas Trading Up 5.6%

NYSE:NWN traded up $2.84 on Friday, reaching $53.11. The company’s stock had a trading volume of 593,495 shares, compared to its average volume of 287,723. Northwest Natural Gas has a 1-year low of $38.94 and a 1-year high of $53.48. The business’s 50-day moving average price is $47.65 and its two-hundred day moving average price is $45.77. The firm has a market cap of $2.20 billion, a PE ratio of 21.16 and a beta of 0.57. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.43 and a current ratio of 0.59.

Northwest Natural Gas (NYSE:NWN) last released its quarterly earnings data on Friday, February 27th. The utilities provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.03. Northwest Natural Gas had a return on equity of 8.30% and a net margin of 7.94%.The business had revenue of $394.16 million for the quarter, compared to analysts’ expectations of $419.36 million. During the same quarter in the previous year, the business posted $1.41 EPS. Northwest Natural Gas’s revenue for the quarter was up 6.3% on a year-over-year basis. Northwest Natural Gas has set its FY 2026 guidance at 2.950-3.150 EPS. Equities research analysts anticipate that Northwest Natural Gas will post 2.33 earnings per share for the current fiscal year.

Northwest Natural Gas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were given a dividend of $1.97 per share. This is a positive change from Northwest Natural Gas’s previous quarterly dividend of $0.49. This represents a $7.88 annualized dividend and a dividend yield of 14.8%. The ex-dividend date of this dividend was Friday, January 30th. Northwest Natural Gas’s payout ratio is currently 78.49%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on NWN shares. BTIG Research reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Northwest Natural Gas in a research report on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of Northwest Natural Gas in a report on Thursday, January 22nd. Finally, Stifel Nicolaus upped their price objective on Northwest Natural Gas from $50.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $51.33.

Institutional Investors Weigh In On Northwest Natural Gas

Several hedge funds have recently added to or reduced their stakes in NWN. Larson Financial Group LLC increased its position in Northwest Natural Gas by 104.3% during the third quarter. Larson Financial Group LLC now owns 711 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 363 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Northwest Natural Gas by 77.4% in the 2nd 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. acquired a new position in shares of Northwest Natural Gas during the 4th quarter worth approximately $70,000. Osaic Holdings Inc. increased its holdings in shares of Northwest Natural Gas by 29.4% during 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 raised its position in shares of Northwest Natural Gas by 523.2% in the second quarter. Tower Research Capital LLC TRC now owns 4,269 shares of the utilities provider’s stock valued at $170,000 after buying an additional 3,584 shares in the last quarter. Institutional investors and hedge funds own 75.13% of the company’s stock.

Northwest Natural Gas Company Profile

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.