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Wednesday, February 1, 2023

NorthWestern Corporation (NWE) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for NorthWestern Corporation (NWE) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $1.05, or 1.88%, to $56.81. The NorthWestern Corporation has recorded 10,249 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that NorthWestern Energy enters into strategic agreement to secure reliable, cost effective energy service for Montana.

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Stocks Info

NorthWestern Corporation is listed on the NASDAQ in the Utilities sector while operating in the Utilities – Diversified industry. At the end of the last regular session, the stock closed at $55.76 and fluctuated between $56.38 as its day high and $55.02 as its day low. The current market capitalization of NorthWestern Corporation is $3.25B. A total of 0.55 million shares were traded on the day, compared to an average of 363.46K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, NWE has seen 10 BUY and 3 SELL insider trades, representing the acquisition of 41,265 and the disposition of 9,402 shares. Over the last 12 months, there were 32 BUYs and 9 SELLs from insiders. Insiders purchased 90,474 shares during that period but sold 27,532.

In the most recent transaction, Schroeppel Bobbi L sold 900 shares of NWE for 53.31 per share on Nov 14. After the transaction, the VP HR, CC & Comm now owns 26,877 company shares. In a previous transaction on Nov 03, BIRD BRIAN B sold 6,800 shares at 52.51 per share. NWE shares that President and COO owns now total 108,462.

Among the insiders who sold shares, Cashell Michael R disposed of 1,702 shares on Oct 28 at a per-share price of $53.19. This resulted in the Vice President – Transmission holding 15,812 shares of NWE after the transaction. In another insider transaction, Rowe Robert C sold 4,000 shares at $54.01 per share on Sep 15. Company shares held by the CEO now total 193,116.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. NorthWestern Corporation pays an annual dividend of $2.52, resulting in a dividend yield of 4.52%, and it has a price to earnings (P/E) ratio of 18.22. NWE’s most recent ex-dividend date was 12/14/2022 when it declared a $0.63 quarterly dividend that was paid in cash on 12/30/2022. Previously, the company paid the dividend on 9/30/2022 with an ex-dividend date of 9/14/2022. The NWE stock dividend was $0.63 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for NWE in the last 3 months, the mean price target is $58.00 with high estimates of $68.00 and low estimates of $48.00. In terms of 52-week highs and lows, NWE has a high of $63.06 and a low of $48.68.

As of this writing, NWE has an earnings estimate of $1.11 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.23 per share and a lower estimate of $0.97. The company reported an EPS of $0.54 in the last quarter, which was 1.90% higher than expectations of $0.53.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NWE is Overweight with a score of 3.75. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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