Northwest Natural Gas (NYSE:NWN) is set to release its earnings data before the market opens on Friday, February 23rd. Analysts expect Northwest Natural Gas to post earnings of $0.98 per share for the quarter.
Shares of Northwest Natural Gas (NYSE NWN) opened at $55.35 on Wednesday. Northwest Natural Gas has a 52 week low of $52.47 and a 52 week high of $69.50. The company has a market cap of $1,615.11, a price-to-earnings ratio of 25.09, a PEG ratio of 5.49 and a beta of 0.33. The company has a quick ratio of 0.69, a current ratio of 0.98 and a debt-to-equity ratio of 0.89.
The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st were paid a $0.4725 dividend. This represents a $1.89 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend was Tuesday, January 30th. Northwest Natural Gas’s dividend payout ratio (DPR) is presently 85.91%.
In related news, Director Mark S. Dodson sold 1,036 shares of the firm’s stock in a transaction dated Thursday, January 11th. The shares were 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 accessible through the SEC website. 1.48% of the stock is owned by company insiders.
Several research firms have recently commented on NWN. TheStreet cut shares of Northwest Natural Gas from a “b” rating to a “c+” rating in a research note on Friday, January 12th. Zacks Investment Research upgraded shares of Northwest Natural Gas from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Sidoti cut shares of Northwest Natural Gas from a “buy” rating to a “neutral” rating and set a $63.00 target price for the company. in a research note on Monday, January 8th. Guggenheim cut shares of Northwest Natural Gas from a “neutral” rating to a “sell” rating in a research note on Tuesday, January 2nd. Finally, Royal Bank of Canada began coverage on shares of Northwest Natural Gas in a research note on Tuesday, December 19th. They issued a “sector perform” rating and a $63.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a strong buy rating to the company’s stock. Northwest Natural Gas presently has a consensus rating of “Hold” and a consensus price target of $67.00.
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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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