Northwest Natural Gas (NYSE:NWN) Issues FY 2026 Earnings Guidance

Northwest Natural Gas (NYSE:NWN) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.950-3.150 for the period, compared to the consensus earnings per share estimate of 2.960. The company issued revenue guidance of -.

Northwest Natural Gas Trading Up 5.6%

Shares of NWN opened at $53.11 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.43 and a debt-to-equity ratio of 1.48. The stock has a market cap of $2.20 billion, a PE ratio of 19.10 and a beta of 0.57. Northwest Natural Gas has a 1 year low of $38.94 and a 1 year high of $53.48. The stock has a 50 day simple moving average of $47.78 and a 200-day simple moving average of $45.89.

Northwest Natural Gas (NYSE:NWN) last announced its quarterly earnings results on Friday, February 27th. The utilities provider reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.03. Northwest Natural Gas had a return on equity of 8.30% and a net margin of 7.94%.The firm had revenue of $394.16 million for the quarter, compared to analysts’ expectations of $419.36 million. During the same period in the prior year, the business posted $1.41 earnings per share. The business’s revenue was up 6.3% compared to the same quarter last year. Northwest Natural Gas has set its FY 2026 guidance at 2.950-3.150 EPS. On average, sell-side analysts predict that Northwest Natural Gas will post 2.33 EPS for the current fiscal year.

Northwest Natural Gas Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were issued a dividend of $1.97 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a $7.88 annualized dividend and a yield of 14.8%. This is an increase from Northwest Natural Gas’s previous quarterly dividend of $0.49. Northwest Natural Gas’s payout ratio is 78.49%.

Analyst Upgrades and Downgrades

A number of research firms have commented on NWN. Stifel Nicolaus boosted their price target on shares of Northwest Natural Gas from $50.00 to $52.00 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Northwest Natural Gas in a report on Thursday, January 22nd. Finally, BTIG Research reaffirmed a “buy” rating and set a $55.00 price target on shares of Northwest Natural Gas in a report on Friday, January 30th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $51.33.

Trending Headlines about Northwest Natural Gas

Here are the key news stories impacting Northwest Natural Gas this week:

• Positive Sentiment: Q4 EPS beat — NWN reported $1.39 EPS vs. the consensus $1.36, showing continued profitability strength and helping drive the stock higher. Northwest Natural (NWN) Q4 Earnings Surpass Estimates
• Positive Sentiment: FY‑2026 EPS guidance provided at $2.950–$3.150, which sits around street expectations and reduces near‑term uncertainty about earnings growth — a catalyst cited in market writeups for the share move. Northwest Natural Gas (NYSE:NWN) Shares Rise on EPS Guidance Update
• Positive Sentiment: Company statement: NW Natural Holdings said it delivered record 2025 results across its businesses, supporting a constructive near‑term narrative around operational performance. NW Natural Holdings Delivers Record 2025 Results Across All Businesses
• Neutral Sentiment: Earnings call transcripts and management commentary are available for detail on rate cases, capex and margin drivers — useful for evaluating whether guidance is sustainable. Northwest Natural Holding Company (NWN) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Revenue missed expectations — $394.2M reported vs. ~$419M consensus — which could raise questions about volume or commodity pass‑throughs and partially offsets the EPS beat. Northwest Natural Q4 release and materials

Institutional Investors Weigh In On Northwest Natural Gas

A number of institutional investors and hedge funds have recently made changes to their positions in NWN. State Street Corp boosted its holdings in Northwest Natural Gas by 6.7% in the second quarter. State Street Corp now owns 2,083,304 shares of the utilities provider’s stock valued at $82,749,000 after acquiring an additional 131,019 shares during the last quarter. Geode Capital Management LLC lifted its position in Northwest Natural Gas by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 989,578 shares of the utilities provider’s stock valued at $46,261,000 after purchasing an additional 16,297 shares during the period. Invesco Ltd. boosted its stake in shares of Northwest Natural Gas by 0.4% in the 3rd quarter. Invesco Ltd. now owns 860,956 shares of the utilities provider’s stock valued at $38,683,000 after purchasing an additional 3,512 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Northwest Natural Gas by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 724,843 shares of the utilities provider’s stock worth $33,879,000 after buying an additional 2,187 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of Northwest Natural Gas by 74.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 587,016 shares of the utilities provider’s stock worth $27,437,000 after buying an additional 250,025 shares during the last quarter. Institutional investors own 75.13% of the company’s stock.

Northwest Natural Gas Company Profile

Northwest Natural Gas (NYSE: NWN), commonly known as NW Natural, is a publicly traded energy utility primarily engaged in the distribution of natural gas to residential, commercial and industrial customers. Headquartered in Portland, Oregon, the company operates an extensive pipeline network spanning thousands of miles across Oregon and southwest Washington. Its core business activities include gas procurement, system operation and maintenance, safety inspections and customer service support.

Dating back to the mid-19th century, Northwest Natural traces its origins to the Portland Gas Light Company, which first illuminated Portland streets with manufactured gas in 1859.