NorthWestern Energy
About: NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric utility operations, which include the generation, purchase, transmission, and distribution of electricity, and Natural Gas utility operations, which include the production, purchase, transmission, storage, and distribution of natural gas. The company uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of revenue from Electric utility operations segment.
Employees: 1,573
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,085% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $114K
27% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 37
12% more capital invested
Capital invested by funds: $2.97B [Q2] → $3.32B (+$357M) [Q3]
3% more funds holding
Funds holding: 294 [Q2] → 304 (+10) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 110
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
1.81% less ownership
Funds ownership: 96.66% [Q2] → 94.85% (-1.81%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$56
5%
upside
Avg. target
$58
10%
upside
High target
$61
15%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Barclays Eric Beaumont 65% 1-year accuracy 15 / 23 met price target | 5%upside $56 | Overweight Upgraded | 19 Dec 2024 |
JP Morgan Jeremy Tonet 62% 1-year accuracy 18 / 29 met price target | 13%upside $60 | Neutral Maintained | 21 Oct 2024 |
Wells Fargo Jonathan Reeder 36% 1-year accuracy 4 / 11 met price target | 15%upside $61 | Overweight Maintained | 16 Oct 2024 |
Mizuho Anthony Crowdell 63% 1-year accuracy 17 / 27 met price target | 5%upside $56 | Neutral Maintained | 9 Oct 2024 |
Financial journalist opinion
Based on 6 articles about NWE published over the past 30 days
Neutral
Business Wire
6 days ago
NorthWestern Energy to Supply Power for Butte, Montana Data Center Atlas Power Group
BUTTE, Mont.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) announces plans to provide electric supply service to Altas Power Group at its Butte, Montana data center. Atlas Power Group is a NorthWestern Energy transmission service customer today. The new energy supply load is expected to be 75 megawatts beginning in 2026, with forecasted growth of up to another 75 megawatts in the subsequent three to five years. “NorthWestern Energy's strategic energy.
Positive
Seeking Alpha
1 week ago
December's 5 Dividend Growth Stocks With 4.51%+ Yields
Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, starting with initial parameters, including dividend safety, growth, and consistency. Of course, further due diligence is essential; these initial screenings are just that “initial” and highlight potential names worth considering further but require further due diligence.
Negative
Seeking Alpha
1 week ago
NorthWestern Energy: Financially Strong Utility Appears Fairly Valued At Best
NorthWestern Energy Group, Inc. serves sparsely populated areas but enjoys stable revenues and high dividend yield, appealing to income-focused investors. The company's customer base is growing, particularly in Montana, which supports incremental revenue growth going forward. Montana has a lower unemployment rate than the US average, but the Philadelphia Fed casts doubt on the official figures. This could suggest weakness among NWE's customers.
Neutral
Business Wire
1 week ago
NorthWestern Energy Announces Agreement With Data Center Developer in Montana
SIOUX FALLS, S.D. & BUTTE, Mont.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is pleased to announce it signed a letter of intent to provide energy services for a developer planning new data centers in Montana. The centers will be served as part of NorthWestern Energy's regulated business, which is expected to lower the cost per customer to operate NorthWestern's Montana generation resources. The energy service load is expected to be a minimum 50 meg.
Neutral
Business Wire
2 weeks ago
NorthWestern Energy to Participate in Regional Transmission Projects
BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) is joining new high voltage transmission projects to expand Montana's grid, meet the state's increasing energy demand, enhance energy security and create opportunities to serve regional energy needs that will benefit all of our customers. NorthWestern Energy joins North Plains Connector east-west transmission line NorthWestern Energy has signed a nonbinding memorandum of un.
Positive
Benzinga
3 weeks ago
Wall Street's Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Business Wire
1 month ago
NorthWestern Energy Welcomes New Board Member
BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that its board of directors recently elected David L. Goodin as a director to a term commencing Dec. 1, 2024. Goodin brings extensive utility operations and executive experience to the independent board. Goodin has over 40 years of experience in the utility industry with MDU Resources Group, Inc. (NYSE: MDU). On Jan. 5, 2024, he retired as MDU's president an.
Neutral
Seeking Alpha
1 month ago
NorthWestern Energy Group, Inc. (NWE) Q3 2024 Earnings Call Transcript
NorthWestern Energy Group, Inc. (NASDAQ:NWE ) Q3 2024 Earnings Conference Call October 30, 2024 3:00 PM ET Company Participants Travis Meyer - Director of Corporate Development and Investor Relations Officer Brian Bird - President and Chief Executive Officer Crystal Lail - Chief Financial Officer Conference Call Participants Shahriar Pourreza - Guggenheim Chris Ellinghaus - Siebert Williams Anthony Crowdell - Mizuho Travis Meyer Good afternoon, and thank you for joining NorthWestern Energy Group's Financial Results Webcast for the quarter ended September 30, 2024. My name is Travis Meyer.
Negative
Zacks Investment Research
1 month ago
NorthWestern (NWE) Misses Q3 Earnings Estimates
NorthWestern (NWE) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.49 per share a year ago.
Neutral
Business Wire
1 month ago
NorthWestern Reports Third Quarter 2024 Financial Results
BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the third quarter 2024. Net income for the period was $46.8 million, or $0.76 per diluted share, as compared with net income of $29.3 million, or $0.48 per diluted share, for the same period in 2023. NorthWestern's third quarter 2024 non-GAAP net income and non-GAAP earnings per share were $39.7 million and $0.65, respectively, compared to $30.
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