NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and industrial customers. The company operates through Electric and Natural Gas segments. It generates, purchases, 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. The company operates 6,809 miles of electric transmission and 18,068 miles of electric distribution lines; and 2,165 Miles of natural gas transmission and 4,892 miles of natural gas distribution lines in Montana. It also operates 1,308 Miles of electric transmission and 2,314 electric distribution lines in South Dakota; and 55 miles of natural gas transmission and 2,524 miles of natural gas distribution lines in South Dakota and Nebraska. It serves approximately 734,000 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.
IPO Year:
Exchange: NYSE
Website: northwesternenergy.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | $65.00 | Buy | BofA Securities |
1/22/2024 | $47.00 | Sell → Neutral | Guggenheim |
1/4/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
11/7/2023 | $51.00 | Buy → Neutral | Ladenburg Thalmann |
10/30/2023 | $59.00 → $51.00 | Equal Weight → Overweight | Wells Fargo |
8/23/2023 | $48.00 | Underweight | Barclays |
7/27/2023 | $57.00 → $59.00 | Neutral → Buy | Ladenburg Thalmann |
5/17/2023 | $57.50 | Neutral | Ladenburg Thalmann |
1/23/2023 | $48.00 → $46.00 | Neutral → Sell | Guggenheim |
11/1/2022 | $55.00 | Neutral | JP Morgan |
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
10-Q - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
8-K - NorthWestern Energy Group, Inc. (0001993004) (Filer)
BofA Securities resumed coverage of NorthWestern with a rating of Buy and set a new price target of $65.00
Guggenheim upgraded NorthWestern from Sell to Neutral and set a new price target of $47.00
KeyBanc Capital Markets downgraded NorthWestern from Overweight to Sector Weight
Ladenburg Thalmann downgraded NorthWestern from Buy to Neutral and set a new price target of $51.00
Wells Fargo upgraded NorthWestern from Equal Weight to Overweight and set a new price target of $51.00 from $59.00 previously
Barclays initiated coverage of NorthWestern with a rating of Underweight and set a new price target of $48.00
Ladenburg Thalmann upgraded NorthWestern from Neutral to Buy and set a new price target of $59.00 from $57.00 previously
Ladenburg Thalmann initiated coverage of NorthWestern with a rating of Neutral and set a new price target of $57.50
Guggenheim downgraded NorthWestern from Neutral to Sell and set a new price target of $46.00 from $48.00 previously
JP Morgan initiated coverage of NorthWestern with a rating of Neutral and set a new price target of $55.00
NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that its board of directors recently elected David L. Goodin as a director to a term commencing Dec. 1, 2024. Goodin brings extensive utility operations and executive experience to the independent board. Goodin has over 40 years of experience in the utility industry with MDU Resources Group, Inc. (NYSE:MDU). On Jan. 5, 2024, he retired as MDU's president and chief executive officer, and on May 14, 2024, he retired from MDU's board of directors. Before becoming CEO in 2013 and over the course of his career with MDU, he served in various leadership roles in the organization, including president and chief
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer ("CEO"), effective immediately. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
Third quarter 2024 GAAP EPS of $0.76, compared to $0.48 in 2023 Third quarter 2024 adjusted non-GAAP EPS of $0.65, compared to $0.49 in 2023 Announces $0.65 per share quarterly dividend Revises 2024 earnings guidance in light of delayed Montana interim rate decision NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the third quarter 2024. Net income for the period was $46.8 million, or $0.76 per diluted share, as compared with net income of $29.3 million, or $0.48 per diluted share, for the same period in 2023. NorthWestern's third quarter 2024 non-GAAP net income and non-GAAP earnings per share were $39.7 million and $0.65, respe
NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that it will host an investor webinar on Wednesday, October 30, 2024, at 3:00 p.m. Eastern to review its financial results for the quarter ending September 30, 2024. The Company also plans to issue a news release detailing its financial results the evening of Monday, October 28, 2024. To register for the webinar, please visit https://northwesternenergy.com/earnings-registration. Please note that a unique and valid email address is required for each attendee to access the webinar. Registration is recommended at least 10 minutes in advance of the event, and an archived replay will be available following th
BUTTE, Mont. and SIOUX FALLS, S.D., July 30, 2024 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended June 30, 2024. Net income for the period was $31.7 million, or $0.52 per diluted share, as compared with net income of $19.1 million, or $0.32 per diluted share, for the same period in 2023. "We are pleased to report solid earnings growth this quarter, a clear testament to our team's dedication and hard work," said Brian Bird, President and CEO. "We are also happy to announce two strategic transactions that position us for future success. First, we have entered into an agreement to acquire Energ
BUTTE, Mont. and SIOUX FALLS, S.D., July 09, 2024 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that it will host an investor webinar on Wednesday, July 31, 2024, at 3:30 p.m. Eastern to review its financial results for the quarter ending June 30, 2024. The Company also plans to issue a news release detailing its financial results the evening of Tuesday, July 30, 2024. To register for the webinar, please visit https://northwesternenergy.com/earnings-registration. Please note that a unique and valid email address is required for each attendee to access the webinar. Registration is recommended at least 10 minutes in advance of t
BUTTE, Mont. and SIOUX FALLS, S.D., April 25, 2024 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended March 31, 2024. Net income for the period was $65.1 million, or $1.06 per diluted share, as compared with net income of $62.5 million, or $1.05 per diluted share, for the same period in 2023. "Solid regulatory execution provided for quarter-over-earnings growth. New rates in Montana and South Dakota helped offset mild weather and a few one-time headwinds in the first quarter," said Brian Bird, President and CEO. "We are affirming 2024 earnings guidance and remain on track to complete our $5
BUTTE, Mont. and SIOUX FALLS, S.D., April 09, 2024 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that it will host an investor webinar on Friday, April 26, 2024, at 3:00 p.m. Eastern to review its financial results for the quarter ending March 31, 2024. The Company also plans to issue a news release detailing its financial results the evening of Thursday, April 25, 2024. To register for the webinar, please visit https://northwesternenergy.com/earnings-registration. Please note that a unique and valid email address is required for each attendee to access the webinar. Registration is recommended at least 10 minutes in advance
BUTTE, Mont. and SIOUX FALLS, S.D., Feb. 14, 2024 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the year ended December 31, 2023. Net income for the period was $194.1 million, or $3.22 per diluted share, as compared with net income of $183.0 million, or $3.25 per diluted share, for the same period in 2022. This increase of $11.1 million in net income was primarily due to new base rates resulting from the Montana rate review, lower non-recoverable Montana electric supply costs and lower property and other taxes. These favorable impacts were partly offset by lower electric and natural gas retail volumes, higher depre
BUTTE, Mont. and SIOUX FALLS, S.D., Jan. 15, 2024 (GLOBE NEWSWIRE) -- NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that it will host an investor webinar on Thursday, February 15, 2024, at 3:00 p.m. Eastern to review its financial results for the year ending December 31, 2023. The Company also plans to issue a news release detailing its financial results the evening of Wednesday, February 14, 2024. To register for the webinar, please visit https://northwesternenergy.com/earnings-registration or visit the "Financial Results" section of our website at www.northwesternenergy.com. Please go to the site at least 15 minutes in advance of the webinar to r
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer ("CEO"), effective immediately. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
BUTTE, Mont. and SIOUX FALLS, S.D., July 28, 2022 (GLOBE NEWSWIRE) -- NorthWestern Energy announced today that Bob Rowe will retire as chief executive officer and a member of NorthWestern Energy's board of directors at the end of 2022. Yesterday, as part of a planned leadership succession process, the NorthWestern Energy board of directors appointed Brian B. Bird, currently the company's president and chief operating officer, to serve as Rowe's successor. Effective Jan. 1, 2023, Bird will assume the title and responsibilities of president and chief executive officer and become a member of NorthWestern Energy's board of directors. For the remainder of 2022, Rowe will continue to work clo
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
4 - NorthWestern Energy Group, Inc. (0001993004) (Issuer)
SC 13G/A - NorthWestern Energy Group, Inc. (0001993004) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
SC 13G/A - NORTHWESTERN CORP (0000073088) (Subject)
BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 24, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended September 30, 2022. Net income for the period was $27.4 million, or $0.47 per diluted share, as compared with net income of $35.2 million, or $0.68 per diluted share, for the same period in 2021. This decrease was primarily due to lower utility margin, higher interest expense, higher administrative and general costs and higher depreciation and depletion. Earnings per share was additionally impacted by higher outstanding share count in the current period. After adjusting for non-GAAP items, non-GAAP net i
BUTTE, Mont. and SIOUX FALLS, S.D.,, July 27, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended June 30, 2022. Net income for the period was $29.8 million, or $0.54 per diluted share, as compared with net income of $37.2 million, or $0.72 per diluted share, for the same period in 2021. The decrease in net income was primarily due to a less favorable electric Qualifying Facility (QF) liability adjustment as compared to the prior period, higher operating and maintenance costs, higher administrative and general costs, recognition in the prior period of deferred transmission revenues, and higher deprec
BUTTE, Mont. and SIOUX FALLS, S.D., April 28, 2022 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended March 31, 2022. Net income for the period was $59.1 million, or $1.08 per diluted share, as compared with net income of $63.1 million, or $1.24 per diluted share, for the same period in 2021. This $4.0 million decrease was primarily driven by lower Montana and Nebraska residential natural gas volumes, higher operating costs, and higher income tax expense. These unfavorable items were partly offset by higher Montana electric transmission revenue and electric retail volumes. "Earnings for the quarter were
BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 24, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended September 30, 2021. Net income for the period was $35.2 million, or $0.68 per diluted share, as compared with net income of $29.5 million, or $0.58 per diluted share, for the same period in 2020. This increase was primarily driven by higher Montana transmission loads and rates and warmer summer weather, partly offset by higher operating costs, lower supply cost recovery, an unfavorable QF liability adjustment compared with the prior period, and higher income tax expense. "We are pleased to report strong
BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 04, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) today announced that it will host an investor conference call and webinar on Monday, October 25, 2021, at 3:30 p.m. Eastern to review its financial results for the quarter ending September 30, 2021. The Company also plans to issue a news release detailing its second quarter financial results the evening of October 24, 2021. To register for the webinar, please visit https://zoom.us/webinar/register/WN_0IR1GisrRoudVv0lDXcAcw or visit the "Financial Results" section of our website at www.northwesternenergy.com. Please go to the site at least 15 minutes in adva
BUTTE, Mont. and SIOUX FALLS, S.D., July 27, 2021 (GLOBE NEWSWIRE) -- NorthWestern Corporation d/b/a NorthWestern Energy (NASDAQ:NWE) reported financial results for the three months ended June 30, 2021. Net income for the period was $37.2 million, or $0.72 per diluted share, as compared with net income of $21.5 million, or $0.43 per diluted share, for the same period in 2020. This increase was primarily due to improved gross margin from higher Montana transmission loads and rates, a larger benefit from our electric qualifying facility (QF) liability adjustment and warmer spring weather in June. This increase was partly offset by higher operating costs and income tax expense. "In additio
Mizuho analyst Anthony Crowdell maintains NorthWestern Energy Group (NASDAQ:NWE) with a Neutral and raises the price target from $51 to $52.
Affirming 2024 Earnings Guidance, Capital Plan and Long-Term EPS Growth We are affirming 2024 diluted earnings guidance of $3.42 - $3.62 per diluted share and our $500 million capital plan. This guidance is based upon, but not limited to, the following major assumptions: Normal weather in our service territories; An effective income tax rate of approximately 12%-14%; and Diluted average shares outstanding of approximately 61.3 million. We are also affirming our long-term (5 year) diluted earnings per share growth guidance of 4% to 6% from a 2022 base year of $3.18 diluted earnings per share on a non-GAAP basis. We expect rate base growth of 4% to 6%. Our current capital investment pr
NorthWestern (NASDAQ:NWE) reported quarterly earnings of $1.09 per share which missed the analyst consensus estimate of $1.13 by 3.54 percent. This is a 3.81 percent increase over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $475.300 million which beat the analyst consensus estimate of $471.601 million by 0.78 percent. This is a 4.58 percent increase over sales of $454.500 million the same period last year.
JP Morgan analyst Jeremy Tonet maintains NorthWestern Energy Group (NASDAQ:NWE) with a Neutral and raises the price target from $53 to $54.
Although U.S. stocks closed mixed on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Blackstone The Trade: Blackstone Inc. (NYSE:BX) Director Reginald J Brown acquired a total of 2,400 shares an average price
NorthWestern (NASDAQ:NWE) reported quarterly earnings of $1.38 per share which beat the analyst consensus estimate of $1.17 by 17.95 percent. The company reported quarterly sales of $355.97 million which missed the analyst consensus estimate of $458.30 million by 22.33 percent. This is a 16.29 percent decrease over sales of $425.25 million the same period last year.
Companies Reporting Before The Bell • Sony Group (NYSE:SONY) is projected to report quarterly earnings at $1.65 per share on revenue of $24.62 billion. • CAE (NYSE:CAE) is estimated to report quarterly earnings at $0.18 per share on revenue of $819.57 million. • CNH Industrial (NYSE:CNHI) is estimated to report quarterly earnings at $0.42 per share on revenue of $6.66 billion. • Great Lakes Dredge & Dock (NASDAQ:GLDD) is estimated to report quarterly earnings at $0.10 per share on revenue of $183.47 million. • Louisiana-Pacific (NYSE:LPX) is likely to report quarterly earnings at $0.55 per share on revenue of $619.97 million. • Martin Marietta Materials (NYSE:MLM) is projected to repor
NorthWestern (NASDAQ:NWE) is set to give its latest quarterly earnings report on Wednesday, 2024-02-14. Here's what investors need to know before the announcement. Analysts estimate that NorthWestern will report an earnings per share (EPS) of $1.17. NorthWestern bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.10, which was followed by a 2.27% drop in the share p
4 analysts have shared their evaluations of NorthWestern Energy Group (NASDAQ:NWE) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 2 1 0 Last 30D 0 0 1 1 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $49.5, a high estimate of $51.00, and a low estimate of $47.00. This current average represents a 7
Barclays analyst Eric Beaumont maintains NorthWestern Energy Group (NASDAQ:NWE) with a Underweight and raises the price target from $48 to $49.