News headlines about Northwest Natural Gas (NYSE:NWN) have been trending somewhat positive recently, Alpha One Sentiment reports. The research group, a service of Accern, identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Northwest Natural Gas earned a media sentiment score of 0.18 on Alpha One’s scale. Alpha One also gave media headlines about the utilities provider an impact score of 60 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected AlphaOne’s analysis:
- Zacks: Brokerages Anticipate Northwest Natural Gas Co (NWN) to Post $1.41 EPS (americanbankingnews.com)
- Interested in Northwest Natural Gas Company (NWN)’s upcoming $0.47 dividend? You have 7 days left (simplywall.st)
- NW Natural to Put Renewable Natural Gas on its Pipeline through Partnership with City of Portland (finance.yahoo.com)
- Northwest Natural Gas Co (NWN) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Northwest Natural Gas : Call 811 before digging, it’s a simple, safe and smart process (4-traders.com)
Northwest Natural Gas (NYSE:NWN) traded up 0.50% during trading on Friday, reaching $59.90. 31,922 shares of the company’s stock were exchanged. Northwest Natural Gas has a 12-month low of $49.70 and a 12-month high of $66.17. The company has a market cap of $1.71 billion, a P/E ratio of 28.25 and a beta of 0.31. The stock’s 50-day moving average is $59.13 and its 200-day moving average is $58.68.
Northwest Natural Gas (NYSE:NWN) last issued its earnings results on Monday, February 27th. The utilities provider reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by $0.04. Northwest Natural Gas had a return on equity of 7.87% and a net margin of 8.96%. The company earned $233.50 million during the quarter, compared to analyst estimates of $267.97 million. During the same period last year, the business earned $1.16 earnings per share. The firm’s revenue was up 1.2% compared to the same quarter last year. Analysts predict that Northwest Natural Gas will post $2.16 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, May 15th. Shareholders of record on Friday, April 28th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Wednesday, April 26th. Northwest Natural Gas’s dividend payout ratio (DPR) is presently 85.84%.
NWN has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Northwest Natural Gas from a “hold” rating to a “sell” rating in a report on Wednesday, January 4th. Wells Fargo & Co began coverage on shares of Northwest Natural Gas in a report on Wednesday, February 1st. They set a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Northwest Natural Gas currently has an average rating of “Hold” and a consensus target price of $64.50.
In other Northwest Natural Gas news, insider Lea Anne Doolittle sold 3,200 shares of the firm’s stock in a transaction on Monday, March 13th. The stock was sold at an average price of $58.00, for a total value of $185,600.00. Following the completion of the sale, the insider now directly owns 1,930 shares of the company’s stock, valued at approximately $111,940. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shawn M. Filippi sold 600 shares of the firm’s stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $59.95, for a total value of $35,970.00. Following the completion of the sale, the vice president now directly owns 1,430 shares of the company’s stock, valued at $85,728.50. The disclosure for this sale can be found here. Insiders sold a total of 6,018 shares of company stock valued at $352,977 over the last ninety days. Corporate insiders own 2.07% of the company’s stock.
Northwest Natural Gas Company Profile
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.
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