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Earnings
NorthWestern Energy reaffirms FY22 adjusted EPS view $3.20-$3.35 » 10:28
11/14/22
11/14
10:28
11/14/22
10:28
NWE

NorthWestern Energy

$53.30 /

+0.19 (+0.36%)

Consensus is $3.28. On…

Consensus is $3.28. On November 14, 2022, Robert Rowe, CEO; Brian Bird, president and COO Crystal Lail, vice president and CFO; Daniel Rausch, treasurer, and Travis Meyer, director corporate finance and investor relations officer, of NorthWestern Corporation d/b/a NorthWestern Energy will be hosting one-on-one meetings with existing and potential investors as part of the EEI 2022 Financial Conference in Hollywood, Florida.

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NWE NorthWestern Energy
$53.30 /

+0.19 (+0.36%)

NWE NorthWestern Energy
$53.30 /

+0.19 (+0.36%)

11/01/22 JPMorgan
NorthWestern initiated with a Neutral at JPMorgan
10/24/22 Guggenheim
NorthWestern price target lowered to $48 from $58 at Guggenheim
10/20/22 KeyBanc
NorthWestern price target lowered to $59 from $64 at KeyBanc
09/29/22 BofA
NorthWestern double upgraded to Buy at BofA after pullback
NWE NorthWestern Energy
$53.30 /

+0.19 (+0.36%)

  • 17
    Nov
Over a month ago
Initiation
NorthWestern initiated with a Neutral at JPMorgan » 07:02
11/01/22
11/01
07:02
11/01/22
07:02
NWE

NorthWestern Energy

$52.84 /

-0.525 (-0.98%)

JPMorgan analyst Brandon…

JPMorgan analyst Brandon Travis initiated coverage of NorthWestern Energy with a Neutral rating and $55 price target. The analyst expects the company to execute its 3%-6% long-term earnings growth target, but notes the range sits below the peer average, as reflected in the stock's current valuation. He remains on the sidelines until the pace of earnings acceleration becomes clearer.

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NWE NorthWestern Energy
$52.84 /

-0.525 (-0.98%)

NWE NorthWestern Energy
$52.84 /

-0.525 (-0.98%)

10/24/22 Guggenheim
NorthWestern price target lowered to $48 from $58 at Guggenheim
10/20/22 KeyBanc
NorthWestern price target lowered to $59 from $64 at KeyBanc
09/29/22 BofA
NorthWestern double upgraded to Buy at BofA after pullback
09/29/22 BofA
NorthWestern upgraded to Buy from Underperform at BofA
NWE NorthWestern Energy
$52.84 /

-0.525 (-0.98%)

  • 17
    Nov
Earnings
NorthWestern sees FY22 EPS $3.20-$3.35, consensus $3.28  19:10
10/24/22
10/24
19:10
10/24/22
19:10
NWE

NorthWestern Energy

$51.89 /

-0.25 (-0.48%)

 
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NWE NorthWestern Energy
$51.89 /

-0.25 (-0.48%)

NWE NorthWestern Energy
$51.89 /

-0.25 (-0.48%)

10/24/22 Guggenheim
NorthWestern price target lowered to $48 from $58 at Guggenheim
10/20/22 KeyBanc
NorthWestern price target lowered to $59 from $64 at KeyBanc
09/29/22 BofA
NorthWestern double upgraded to Buy at BofA after pullback
09/29/22 BofA
NorthWestern upgraded to Buy from Underperform at BofA
NWE NorthWestern Energy
$51.89 /

-0.25 (-0.48%)

  • 17
    Nov
Earnings
NorthWestern reports Q3 EPS 42c, consensus 59c » 19:07
10/24/22
10/24
19:07
10/24/22
19:07
NWE

NorthWestern Energy

$51.89 /

-0.25 (-0.48%)

Reports Q3 revenue…

Reports Q3 revenue $335.1M, consensus $317.1M. "While customer growth and the economy remain strong in our service territories, we experienced some softening in our commercial customer loads during the quarter. This, in combination with pressure from unrecoverable Montana electric supply costs and higher interest rates, resulted in earnings below our expectations and a slight downward revision to the high end of the range of our full year expectations," said Bob Rowe, CEO. "While we all may have some near-term uncertainty regarding the broader economy, I am excited and optimistic about NorthWestern Energy's bright future. It has been a privilege to work with the dedicated people at NorthWestern for over fourteen years; together, we've got a lot done, from focusing on critical infrastructure to building a diverse supply portfolio, to working with our customers and communities. My close friend and partner, incoming CEO Brian Bird, and our other great leaders will be focused on providing a great customer experience, addressing key capacity needs, deploying technology, and ongoing infrastructure modernization. All of that will depend on the support of our equity owners and debt holders, and providing them appropriate returns and confidence."

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NWE NorthWestern Energy
$51.89 /

-0.25 (-0.48%)

NWE NorthWestern Energy
$51.89 /

-0.25 (-0.48%)

10/24/22 Guggenheim
NorthWestern price target lowered to $48 from $58 at Guggenheim
10/20/22 KeyBanc
NorthWestern price target lowered to $59 from $64 at KeyBanc
09/29/22 BofA
NorthWestern double upgraded to Buy at BofA after pullback
09/29/22 BofA
NorthWestern upgraded to Buy from Underperform at BofA
NWE NorthWestern Energy
$51.89 /

-0.25 (-0.48%)

  • 17
    Nov
Recommendations
NorthWestern price target lowered to $48 from $58 at Guggenheim » 09:20
10/24/22
10/24
09:20
10/24/22
09:20
NWE

NorthWestern Energy

$52.17 /

+0.965 (+1.88%)

Guggenheim analyst…

Guggenheim analyst Shahriar Pourreza lowered the firm's price target on NorthWestern to $48 from $58 and keeps a Neutral rating on the shares. The analyst is refreshing select estimates ahead of Q3 earnings season from the Power and Utilities group to reflect "known and measurable year-over-year items," to adjust for seasonality, and to re-mark to the latest commodity curves. Pourreza is also lowering the baseline utility valuation, largely driven by a steep rise in interest rates and forward yield expectations.

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NWE NorthWestern Energy
$52.17 /

+0.965 (+1.88%)

NWE NorthWestern Energy
$52.17 /

+0.965 (+1.88%)

10/20/22 KeyBanc
NorthWestern price target lowered to $59 from $64 at KeyBanc
09/29/22 BofA
NorthWestern double upgraded to Buy at BofA after pullback
09/29/22 BofA
NorthWestern upgraded to Buy from Underperform at BofA
07/18/22 Barclays
NorthWestern price target lowered to $57 from $62 at Barclays
NWE NorthWestern Energy
$52.17 /

+0.965 (+1.88%)

  • 17
    Nov
Recommendations
NorthWestern price target lowered to $59 from $64 at KeyBanc » 06:23
10/20/22
10/20
06:23
10/20/22
06:23
NWE

NorthWestern Energy

$51.66 /

-0.31 (-0.60%)

KeyBanc analyst Sophie…

KeyBanc analyst Sophie Karp lowered the firm's price target on NorthWestern to $59 from $64 and keeps an Overweight rating on the shares as utilities reversed 2022 outperformance in the last two weeks of Q3. With higher rate expectations settling in, and substantial underperformance in other/cyclical sectors, the analyst believes Utilities will increasingly become a source of funds going forward. Karp is therefore cautious on the space overall, and strictly selective with stock picks.

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NWE NorthWestern Energy
$51.66 /

-0.31 (-0.60%)

NWE NorthWestern Energy
$51.66 /

-0.31 (-0.60%)

09/29/22 BofA
NorthWestern double upgraded to Buy at BofA after pullback
09/29/22 BofA
NorthWestern upgraded to Buy from Underperform at BofA
07/18/22 Barclays
NorthWestern price target lowered to $57 from $62 at Barclays
05/31/22 BofA
NorthWestern downgraded to Underperform from Neutral at BofA
NWE NorthWestern Energy
$51.66 /

-0.31 (-0.60%)

  • 17
    Nov
Upgrade
NorthWestern double upgraded to Buy at BofA after pullback » 06:56
09/29/22
09/29
06:56
09/29/22
06:56
NWE

NorthWestern Energy

$50.70 /

+0.71 (+1.42%)

As previously reported,…

As previously reported, BofA analyst Julien Dumoulin-Smith upgraded NorthWestern to Buy from Underperform with a price target of $56, down from $58, following "significant relative underperformance" in the shares since June 1. He also cites positive fundamental regulatory news, stating that while he still anticipates a contentious Montana rate case, the interim relief was better than expected. The Montana PSC unanimously approved interim rates on Tuesday, effective October 1, that saw NorthWestern granted 79% of its electric interim request versus 30% in a relevant prior proceeding, the analyst noted.

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NWE NorthWestern Energy
$50.70 /

+0.71 (+1.42%)

NWE NorthWestern Energy
$50.70 /

+0.71 (+1.42%)

09/29/22 BofA
NorthWestern upgraded to Buy from Underperform at BofA
07/18/22 Barclays
NorthWestern price target lowered to $57 from $62 at Barclays
05/31/22 BofA
NorthWestern downgraded to Underperform from Neutral at BofA
04/19/22 Barclays
NorthWestern upgraded to Equal Weight from Underweight at Barclays
NWE NorthWestern Energy
$50.70 /

+0.71 (+1.42%)

  • 17
    Nov
Upgrade
NorthWestern upgraded to Buy from Underperform at BofA » 06:06
09/29/22
09/29
06:06
09/29/22
06:06
NWE

NorthWestern Energy

$50.70 /

+0.71 (+1.42%)

BofA analyst Julien…

BofA analyst Julien Dumoulin-Smith upgraded NorthWestern to Buy from Underperform with a $56 price target.

ShowHide Related Items >><<
NWE NorthWestern Energy
$50.70 /

+0.71 (+1.42%)

NWE NorthWestern Energy
$50.70 /

+0.71 (+1.42%)

07/18/22 Barclays
NorthWestern price target lowered to $57 from $62 at Barclays
05/31/22 BofA
NorthWestern downgraded to Underperform from Neutral at BofA
04/19/22 Barclays
NorthWestern upgraded to Equal Weight from Underweight at Barclays
04/06/22 Sidoti
NorthWestern downgraded to Neutral from Buy at Sidoti
NWE NorthWestern Energy
$50.70 /

+0.71 (+1.42%)

  • 17
    Nov
Conference/Events
NorthWestern management to meet virtually with KeyBanc » 04:55
09/26/22
09/26
04:55
09/26/22
04:55
NWE

NorthWestern Energy

$52.69 /

-0.69 (-1.29%)

Virtual Meeting to be…

Virtual Meeting to be held with President & COO Bird and CFO Lail on September 26 hosted by KeyBanc.

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NWE NorthWestern Energy
$52.69 /

-0.69 (-1.29%)

NWE NorthWestern Energy
$52.69 /

-0.69 (-1.29%)

07/18/22 Barclays
NorthWestern price target lowered to $57 from $62 at Barclays
05/31/22 BofA
NorthWestern downgraded to Underperform from Neutral at BofA
04/19/22 Barclays
NorthWestern upgraded to Equal Weight from Underweight at Barclays
04/06/22 Sidoti
NorthWestern downgraded to Neutral from Buy at Sidoti
NWE NorthWestern Energy
$52.69 /

-0.69 (-1.29%)

  • 17
    Nov
Conference/Events
NorthWestern management to meet virtually with KeyBanc » 14:28
09/23/22
09/23
14:28
09/23/22
14:28
NWE

NorthWestern Energy

$52.42 /

-0.96 (-1.80%)

Virtual Meeting to be…

Virtual Meeting to be held with President & COO Bird and CFO Lail on September 26 hosted by KeyBanc.

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NWE NorthWestern Energy
$52.42 /

-0.96 (-1.80%)

NWE NorthWestern Energy
$52.42 /

-0.96 (-1.80%)

07/18/22 Barclays
NorthWestern price target lowered to $57 from $62 at Barclays
05/31/22 BofA
NorthWestern downgraded to Underperform from Neutral at BofA
04/19/22 Barclays
NorthWestern upgraded to Equal Weight from Underweight at Barclays
04/06/22 Sidoti
NorthWestern downgraded to Neutral from Buy at Sidoti
NWE NorthWestern Energy
$52.42 /

-0.96 (-1.80%)

  • 17
    Nov

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