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NWN

NWN

Utilities · Utilities - Regulated Gas

$49.88+0.48%
Mkt Cap: $2.10BDY: 3.97%

Performance

NWN (NWN) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

NWN (NWN) operates in the Utilities - Regulated Gas space within the Utilities sector. With a market cap of $2.1B, it qualifies as a small-cap company. Revenue has been contracting year-over-year, a headwind that investors will watch closely in upcoming earnings.

Bull Case3
  • Forward P/E (15.5×) is lower than trailing P/E (17.1×) — analysts expect earnings to improve
  • Dividend yield of 3.97% provides consistent income on top of price appreciation
  • Low beta of 0.43 — less volatile than the market, suitable for conservative portfolios
Bear Case3
  • Revenue declined 1% YoY — warning sign for business momentum
  • High debt-to-equity of 170.12× increases financial risk, especially with elevated interest rates
  • Current ratio below 1 (0.80×) — short-term liabilities exceed current assets

Verdict

Hold

Mixed signals — strengths and risks roughly balance. Wait for a clearer catalyst.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

3.97%

5Y Avg Annual

$1.7560

Last Payment

$0.4930

Ex-Date

04/30/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest04/30/2026
05/15/2026$0.49303.95%
01/30/2026
02/14/2026$0.49303.95%
10/31/2025
11/15/2025$0.49303.95%
07/31/2025
08/15/2025$0.49003.93%
04/30/2025
05/15/2025$0.49003.93%
01/31/2025
02/15/2025$0.49003.93%
10/31/2024
11/15/2024$0.49003.93%
07/31/2024
08/15/2024$0.48803.91%

Magic Number

Shares needed to self-fund your next purchase

$49.88

Price

÷

$0.4930

Last div. (quarterly)

=

102

shares

Own 102 NWN shares ($5,087.76) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$5,087.76

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Aug 5, 2026

50

days

EPS (TTM)

$2.92

P/E (TTM)

17.1

Fwd P/E

15.5

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$2.10B
P/E Ratio17.08
Forward P/E15.46
P/B Ratio
PEG Ratio2.51
EPS (TTM)$2.92

Trading

Open
Day High
Day Low
52W High$55.99
52W Low$39.29
Volume
Avg Volume (3M)269,169
Beta0.43

Dividends

Dividend Yield3.97%
Annual Rate$1.97
Ex-Div Date2026-04-30
Payout Ratio67.29%

Profitability

Profit Margin9.56%
Operating Margin33.21%
ROE8.10%
ROA2.81%
Revenue Growth-0.80%
Earnings Growth6.90%

Balance Sheet

Total Revenue$1.29B
Total Debt$2.68B
Debt / Equity170.12
Current Ratio0.80
Free Cash Flow$-284,913,248

Fair Value Estimates

Current price: $49.88

Graham Number

√(22.5 × EPS × Book Value)

$49.62

-0.5% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$32.39

-35.1% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

6/10

60% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

8.1%

Return on equity — measures how efficiently capital is used

Positive profit margin

9.6%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

-0.8%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+6.9%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

170.12×

Low financial leverage reduces risk of distress

Current ratio above 1

0.80×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$13M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

3.97%

Stock must distribute income to shareholders

Related Assets

Utilities

About NWN

Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. It operates through three segments: NWN Gas Utility, SiEnergy, and NWN Water. The company operates mist gas storage facility contracted to utilities, third-party marketers, and electric generators; offers natural gas asset management services; interstate storage; and operates an appliance retail center. It also engages in the gas storage, water and wastewater, non-regulated renewable natural gas, and other investment businesses. In addition, the company offers natural gas services in Oregon and southwest Washington; water and wastewater connections; and operation, maintenance, and management services to water and wastewater system owners. Northwest Natural Holding Company was founded in 1859 and is headquartered in Portland, Oregon.

Sector

Utilities

Industry

Utilities - Regulated Gas

Location

Portland, United States

Employees

1,619