NorthWestern Corporation (NWE) Earning Somewhat Positive News Coverage, Analysis Shows

Media coverage about NorthWestern Corporation (NYSE:NWE) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NorthWestern Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 47.2283797283262 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news stories that may have effected Accern’s rankings:

Shares of NorthWestern Corporation (NYSE NWE) opened at $59.78 on Friday. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 11.40 and a beta of 0.35. The company has a quick ratio of 0.34, a current ratio of 0.43 and a debt-to-equity ratio of 1.06.

NorthWestern Corporation (NYSE:NWE) last announced its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.74 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.01). The company had revenue of $309.90 million during the quarter, compared to the consensus estimate of $305.60 million. NorthWestern Corporation had a return on equity of 9.45% and a net margin of 12.44%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.68 EPS. analysts forecast that NorthWestern Corporation will post 3.39 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend is Thursday, December 14th. NorthWestern Corporation’s dividend payout ratio is 63.44%.

A number of equities analysts have commented on NWE shares. Bank of America Corporation started coverage on shares of NorthWestern Corporation in a report on Tuesday, October 24th. They issued an “underperform” rating and a $54.00 target price for the company. KeyCorp reiterated a “hold” rating on shares of NorthWestern Corporation in a report on Friday, October 20th. Credit Suisse Group downgraded shares of NorthWestern Corporation from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $62.00 to $60.00 in a report on Monday, July 24th. Zacks Investment Research upgraded shares of NorthWestern Corporation from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a report on Friday, July 7th. Finally, BidaskClub upgraded shares of NorthWestern Corporation from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Four research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock presently has a consensus rating of “Sell” and an average price target of $58.50.

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In other NorthWestern Corporation news, CEO Robert C. Rowe sold 3,626 shares of NorthWestern Corporation stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $60.43, for a total value of $219,119.18. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.33% of the company’s stock.

NorthWestern Corporation Company Profile

NorthWestern Corporation, doing business as North-Western Energy, provides electricity and natural gas. The Company’s segments are Electric operations, Natural gas operations and All other. As of December 31, 2016, the Company provided electricity and natural gas to approximately 709,600 customers in Montana, South Dakota and Nebraska.

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