Somewhat Positive Press Coverage Somewhat Unlikely to Affect Northwest Natural Gas (NWN) Share Price

Media stories about Northwest Natural Gas (NYSE:NWN) have been trending somewhat positive on Thursday, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northwest Natural Gas earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 46.5819452109284 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several research firms recently weighed in on NWN. TheStreet cut Northwest Natural Gas from a “b” rating to a “c+” rating in a report on Friday, January 12th. Zacks Investment Research raised Northwest Natural Gas from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Sidoti cut Northwest Natural Gas from a “buy” rating to a “neutral” rating and set a $63.00 price objective for the company. in a report on Monday, January 8th. Guggenheim cut Northwest Natural Gas from a “neutral” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Royal Bank of Canada started coverage on Northwest Natural Gas in a report on Tuesday, December 19th. They issued a “sector perform” rating and a $63.00 price objective for the company. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $67.00.

Shares of Northwest Natural Gas (NYSE:NWN) traded up $0.45 during midday trading on Thursday, reaching $54.85. The company’s stock had a trading volume of 48,046 shares, compared to its average volume of 186,039. The firm has a market cap of $1,551.94, a PE ratio of 25.02, a PEG ratio of 5.28 and a beta of 0.33. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.98 and a quick ratio of 0.69. Northwest Natural Gas has a 52-week low of $52.47 and a 52-week high of $69.50.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be issued a $0.4725 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.89 annualized dividend and a yield of 3.45%. Northwest Natural Gas’s dividend payout ratio is presently 85.91%.

In other Northwest Natural Gas news, Director Mark S. Dodson sold 1,036 shares of Northwest Natural Gas stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $56.05, for a total value of $58,067.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.48% of the stock is owned by insiders.

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About Northwest Natural Gas

Northwest Natural Gas Company (NW Natural) is engaged in the distribution of natural gas. The Company’s segments include Local Gas Distribution, Gas Storage and other. The Company maintains operations in Oregon, Washington and California and conducts businesses through NW Natural and its subsidiaries.

Insider Buying and Selling by Quarter for Northwest Natural Gas (NYSE:NWN)

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