NorthWestern Corporation with ticker code (NWE) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 61.94 and 41.9 with the average target price sitting at $54.39. Given that the stocks previous close was at $58.12 this is indicating there is a potential downside of -6.4%. Also worth taking note is the 50 day moving average now sits at $57.75 and the 200 day moving average is $55.76. The total market capitalization for the company now stands at $3,525m. Company Website: https://www.northwesternenergy.com
The potential market cap would be $3,298m based on the market consensus.
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through three segments: Electric Utility Operations; Natural Gas Utility Operations; and Other. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,597 miles of electric transmission and 18,534 miles of electric distribution lines with approximately 121 transmission and distribution substations; and 2,235 miles of natural gas transmission and 5,099 miles of natural gas distribution lines with approximately 135 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,342 miles of electric distribution lines in South Dakota with approximately 121 transmission and distribution substations; and 55 miles of natural gas transmission and 2,545 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 764,200 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.
The company has a dividend yield of 4.4% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 17.87, revenue per share of 26.5 and a 2.41% return on assets.
