News headlines about NorthWestern (NYSE:NWE) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NorthWestern earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.0287945200204 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
- Patrick R. Corcoran Sells 5,100 Shares of NorthWestern Corp (NWE) Stock (americanbankingnews.com)
- NorthWestern Corp (NWE) Announces Dividend Increase – $0.55 Per Share (americanbankingnews.com)
- Northwestern (NWE) Shares Enter Oversold Territory (nasdaq.com)
- BRIEF-Northwestern Corp Files For Potential Mixed Shelf Offering (reuters.com)
- NorthWestern (NWE) Given “Market Perform” Rating at Wells Fargo & Co (americanbankingnews.com)
A number of equities research analysts have recently weighed in on the company. Credit Suisse Group cut their price target on NorthWestern from $60.00 to $58.00 and set an “underperform” rating on the stock in a report on Friday, November 10th. Bank of America assumed coverage on NorthWestern in a report on Tuesday, October 24th. They set an “underperform” rating and a $54.00 price target on the stock. Wells Fargo & Co set a $55.00 price target on NorthWestern and gave the company a “hold” rating in a report on Wednesday, February 14th. Finally, Zacks Investment Research raised NorthWestern from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Four research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The company currently has an average rating of “Sell” and an average target price of $57.40.
Shares of NorthWestern (NYSE:NWE) opened at $52.27 on Monday. The firm has a market capitalization of $2,540.00, a P/E ratio of 15.65, a PEG ratio of 7.48 and a beta of 0.22. The company has a current ratio of 0.47, a quick ratio of 0.33 and a debt-to-equity ratio of 1.01. NorthWestern has a twelve month low of $50.01 and a twelve month high of $64.47.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date of this dividend is Wednesday, March 14th. This is a boost from NorthWestern’s previous quarterly dividend of $0.53. NorthWestern’s payout ratio is 62.87%.
In related news, CEO Robert C. Rowe sold 3,626 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $64.25, for a total transaction of $232,970.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Patrick R. Corcoran sold 5,100 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $50.97, for a total transaction of $259,947.00. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.
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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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