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NWE $48.64

NWE target price
48.64
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0
NorthWestern Corporation
Type
Public
Traded as NYSE: NWE
S&P 400 Component
Industry utilities
Founded 1923 as Northwestern Public Service Company
Headquarters Sioux Falls, South Dakota, USA
Key people
E. Linn Draper Jr., Chairman;,
Robert C. Rowe, President and CEO
Products utility operations consist of regulated electric and natural gas distribution, transmission and energy supply. In addition, they are pursuing electric transmission and generation opportunities.
Services Conventional Electricity, natural gas
Number of employees
1,354
Website http://www.northwesternenergy.com/

NorthWestern Corporation owns NorthWestern Energy, a utility company that serves South Dakota, Nebraska, and Montana that is based in Sioux Falls. As of December 31, 2007, the company serves approximately 650,000 customers. The company's corporate headquarters are located in Sioux Falls while the headquarters for the South Dakota operations (and which was the headquarters for the old NorthWestern Public Service Company) are in Huron, SD.

The Montana operations (formerly known as the Montana Power Company) were acquired around 2000 after that state passed some legislation allowing the electric utility industry to be 'unbundled'. Out of state investors (led by Pennsylvania Power & Light) then immediately acquired the generation assets of Montana Power, leaving that part of the territory vulnerable to high "spot" prices on the energy market (creating some chronic discontent that led the Montana Public Service Commission to submit the one "no" vote that effectively nullified a potential sale of NorthWestern to Babcock & Brown Infrastructure of Australia). In 2014, NorthWestern purchased the dams that were originally part of Montana Power for $900 Million from the PPL Corporation.

In March, 2003, a class action was filed against Northwestern Corp, claiming that defendants artificially inflated the stock price through material omissions and materially false and misleading statements. A $41 million settlement fund was established in 2005. On April 1, 2003, as a result of the ongoing evaluation and review of certain accounting entries, NorthWestern said it expects to restate prior unaudited quarterly results for the first three quarters of 2002.

In March 2009, NorthWestern Energy was involved with a gas explosion in Bozeman, Montana. The explosion destroyed several businesses and killed one person. By November, the company was sued by numerous owners of the destroyed businesses.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-24 Future report Set alerts
Q2 2022 2022-07-28 0.54 0.54
Q1 2022 2022-04-28 1.09 1.09
Q4 2021 2022-02-11 1.04 1.04
Q3 2021 2021-10-25 0.65 0.65
Q2 2021 2021-07-27 0.72 0.72
Q1 2021 2021-04-21 1.24 1.24
Q4 2020 2021-02-11 1.21 1.21
Q3 2020 2020-10-21 0.00 0.00
Q2 2020 2020-07-28 0.43 0.43

Ratings

2016-03-30 Initiated Coverage Mizuho Neutral
2016-01-25 Reiterated Rating Williams Capital Hold
2015-10-21 Downgrade Ladenburg Thalmann Buy to Neutral $57.00
2015-07-08 Downgrade Bank of America Neutral to Underperform $54.00 to $50.00
2015-07-08 Downgrade Bank of America Corp. Neutral to Underperform $54.00 to $50.00
2015-01-12 Downgrade KeyBanc Buy to Hold $55.50
2015-01-12 Downgrade KeyCorp Buy to Hold $55.50
2014-12-17 Initiated Coverage Credit Suisse Neutral $56.00
2014-12-17 Initiated Coverage Credit Suisse Group AG Neutral $56.00
2014-12-01 Downgrade Robert W. Baird Outperform to Neutral $54.00
2014-11-17 Initiated Coverage Bank of America Neutral $53.00
2014-06-02 Upgrade Evercore ISI Buy $48.00
2014-06-02 Upgrade KeyBanc Hold to Buy $51.50
2014-03-06 Initiated Coverage Sidoti Buy
2013-10-25 Boost Price Target Ladenburg Thalmann Buy $48.00 to $51.00
2013-09-30 Boost Price Target Ladenburg Thalmann Buy $46.00 to $48.00
2013-07-26 Reiterated Williams Capital Group Hold $41 to $43
2013-05-31 Upgrade Robert W. Baird Neutral to Outperform $46 to $47
2013-04-29 Reiterated Williams Capital Group Perform $36 to $41
2011-04-28 Upgrade DA Davidson Neutral to Buy $33 to $36
2010-06-09 Upgrade DA Davidson Neutral to Buy $30 to $29
2009-02-06 Downgrade KeyBanc Capital Mkts Buy to Hold
2016-03-30 Initiated Coverage Mizuho Neutral
2016-01-25 Reiterated Rating Williams Capital Hold
2015-10-21 Downgrade Ladenburg Thalmann Buy to Neutral $57.00
2015-07-08 Downgrade Bank of America Neutral to Underperform $54.00 to $50.00
2015-07-08 Downgrade Bank of America Corp. Neutral to Underperform $54.00 to $50.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Rowe Robert C President & CEO 0.36%  (141659) NWE /
DRAPER E LINN JR 0.33%  (130534) ADS / ANR / NWE /
JOHNSON JULIA L 0.20%  (80027) AWK / FE / MTZ / NWE /
ADIK STEPHEN P 0.18%  (72122) AWK / NWE /
BIRD BRIAN B VP, CFO & Treasurer 0.17%  (67112) NWE /
MASLOWE PHILIP L 0.15%  (58204) DK / NWE /
Bradley Dorothy M. 0.07%  (26551) NWE /
Dykhouse Dana J 0.07%  (25750) NWE /
Heather H. Grahame VP & General Counsel 0.07%  (25620) NWE /
Pohl Curtis T Vice President - Distribution 0.05%  (19317) NWE /
Schroeppel Bobbi L VP Cust. Care & Communications 0.05%  (18779) NWE /
KLIEWER KENDALL VP & Controller 0.05%  (18344) NWE /
Hines John D Vice President - Supply 0.03%  (13243) NWE /
Cashell Michael R Vice President - Transmission 0.03%  (11075) NWE /
Corcoran Patrick R VP Gov. & Regulatory Affairs 0.02%  (9179) NWE /
Clark Anthony Thomas 0.02%  (6635) NWE /
HORSFALL JAN ROBERT 0.01%  (5155) NWE /
Lail Crystal Dawn Vice President and Controller 0.01%  (3333) NWE /
Peoples Denton Louis 0.01%  (3000) NWE /
Ide Britt E 0.01%  (2600) NWE /
Sullivan Linda G 0.01%  (2600) AWK / NWE /