News coverage about Northwest Natural Gas (NYSE:NWN) has been trending somewhat positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Northwest Natural Gas earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 48.2957608877949 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research firms recently commented on NWN. Zacks Investment Research raised shares of Northwest Natural Gas from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research report on Saturday, November 18th. Wells Fargo & Co lowered shares of Northwest Natural Gas from a “market perform” rating to an “underperform” rating in a research report on Monday, December 18th. Royal Bank of Canada began coverage on shares of Northwest Natural Gas in a research report on Tuesday, December 19th. They set a “sector perform” rating and a $63.00 price target on the stock. Guggenheim lowered shares of Northwest Natural Gas from a “neutral” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, Sidoti lowered shares of Northwest Natural Gas from a “buy” rating to a “neutral” rating and set a $63.00 price target on the stock. in a research report on Monday, January 8th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $67.00.
Northwest Natural Gas (NYSE NWN) opened at $56.25 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.98 and a debt-to-equity ratio of 0.89. Northwest Natural Gas has a 1-year low of $52.47 and a 1-year high of $69.50. The company has a market cap of $1,615.11, a PE ratio of 25.57, a price-to-earnings-growth ratio of 5.49 and a beta of 0.33.
The company also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st were issued a $0.4725 dividend. This represents a $1.89 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend was Tuesday, January 30th. Northwest Natural Gas’s dividend payout ratio is currently 85.91%.
In other Northwest Natural Gas news, Director Mark S. Dodson sold 1,036 shares of the firm’s stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $56.05, for a total value of $58,067.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.48% of the stock is owned by company insiders.
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Northwest Natural Gas Company Profile
Northwest Natural Gas Company (NW Natural) is engaged in the distribution of natural gas. The Company’s segments include Local Gas Distribution, Gas Storage and other. The Company maintains operations in Oregon, Washington and California and conducts businesses through NW Natural and its subsidiaries.
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