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Wednesday, September 27, 2023

NorthWestern Corporation (NASDAQ: NWE): Is It A Buying Opportunity Again?

After Hours

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. After-hours trades for NorthWestern Corporation (NWE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $51.96. The NorthWestern Corporation has recorded 337,597 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that NorthWestern Reports Second Quarter 2023 Financial Results.

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Stocks Info

NWE belongs to the Utilities sector of the NASDAQ while operating in the Utilities – Diversified industry. At the end of the last regular session, the stock closed at $51.96 and fluctuated between $52.10 as its day high and $51.31 as its day low. The current market capitalization of NorthWestern Corporation is $3.09B. A total of 1.82 million shares were traded on the day, compared to an average of 360.09K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, NWE has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 44 BUYs and 6 SELLs from insiders. Insiders purchased 95,541 shares during that period but sold 14,902.

In the most recent transaction, Ide Britt E sold 1,200 shares of NWE for 58.65 per share on May 16. After the transaction, the Director now owns 10,125 company shares. In a previous transaction on Mar 06, HORSFALL JAN ROBERT sold 2,800 shares at 57.26 per share. NWE shares that Director owns now total 4,375.

Among the insiders who sold shares, Ide Britt E disposed of 1,500 shares on Feb 23 at a per-share price of $57.67. This resulted in the Director holding 11,201 shares of NWE after the transaction. In another insider transaction, Schroeppel Bobbi L sold 900 shares at $53.31 per share on Nov 14. Company shares held by the VP HR, CC & Comm now total 26,877.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. NorthWestern Corporation pays an annual dividend of $2.56, resulting in a dividend yield of 4.93%, and it has a price to earnings (P/E) ratio of 17.08.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for NWE in the last 3 months, the mean price target is $57.89 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 $61.24 and a low of $48.68.

As of this writing, NWE has an earnings estimate of $0.83 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.01 per share and a lower estimate of $0.56. The company reported an EPS of $1.05 in the last quarter, which was -5.40% lower than expectations of $1.11.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. NWE’s latest balance sheet shows that the firm has $2.82M in Cash & Short Term Investments as of fiscal 2021. There were $2.56B in debt and $379.64M in liabilities at the time. Its Book Value Per Share was $44.93, while its Total Shareholder’s Equity was $2.34B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.57.

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