NorthWestern Corp. Declares Quarterly Dividend of $0.38 (NWE)
NorthWestern Corp. (NYSE:NWE) declared a quarterly dividend on Thursday, October 24th, Stock Ratings News reports. Investors of record on Friday, December 13th will be given a dividend of $0.38 per share on Tuesday, December 31st. This represents a $1.52 dividend on an annualized basis and a yield of 3.27%.
Several analysts have recently commented on the stock. Analysts at Ladenburg Thalmann raised their price target on shares of NorthWestern Corp. from $46.00 to $48.00 in a research note to investors on Monday, September 30th. They now have a “buy” rating on the stock. Analysts at Williams Capital raised their price target on shares of NorthWestern Corp. from $41.00 to $43.00 in a research note to investors on Friday, July 26th. They now have a “hold” rating on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $46.00.
Shares of NorthWestern Corp. (NYSE:NWE) opened at 46.55 on Thursday. NorthWestern Corp. has a one year low of $32.98 and a one year high of $44.33. The stock’s 50-day moving average is $41.31 and its 200-day moving average is $40.92. The company has a market cap of $1.790 billion and a price-to-earnings ratio of 16.36.
NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to approximately 668,300 customers in Montana, South Dakota and Nebraska.
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