Reaffirms Long-Term EPS Growth Target of 4%-6%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Should l Buy NWN?
Reaffirmed long-term EPS growth rate target of 4%-6% and potential to increase to 5%-7% with MX3 project. Expects rate base growth of 6%-8% through 2030 driven by planned cap-ex of $2.6B-2.9B from 2026-2030. Announced third Mist Gas Storage Expansion project.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NWN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NWN
Wall Street analysts forecast NWN stock price to fall
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 53.040
Low
52.00
Averages
52.50
High
53.00
Current: 53.040
Low
52.00
Averages
52.50
High
53.00
About NWN
Northwest Natural Holding Company, through its subsidiaries, provides critical energy and delivers water and wastewater services to nearly one million meters across seven states. The Company’s segments include NWN Gas Utility, SiEnergy, and NWN Water. The NWN Gas Utility segment is a regulated utility servicing customers in Oregon and southwest Washington and includes the portion of the Mist underground storage facility used to serve its customers, the North Mist gas storage expansion in Oregon, and NWN Gas Reserves. SiEnergy Gas Utility segment is a regulated natural gas distribution utility and serves residential and commercial customers in the greater metropolitan areas of Houston, Dallas, and Austin, Texas. SiEnergy Gas Utility also serves several transmission customers in Dallas and Austin, Texas. NWN Water Utility is a regulated water and wastewater utility serving residential and commercial customers in Oregon, Washington, Idaho, Texas, and Arizona.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Northwest Natural Holding Company Q4 2025 Earnings Call Highlights
- Record Earnings Per Share: Northwest Natural Holding Company reported an adjusted earnings per share of $2.93 for 2025, a 25.8% increase from $2.33 in 2024, driven by new rates and strong organic customer growth that enhanced profitability.
- Innovative Capital Investment: The company achieved a record capital investment of $467 million in 2025, with $340 million allocated to acquisitions, demonstrating its proactive strategy in expanding operations and enhancing market competitiveness.
- Outstanding Water Segment Performance: The water segment contributed $0.35 per share, accounting for 12% of the company's adjusted earnings per share, exceeding expectations and indicating its significant role in overall performance.
- Future Growth Outlook: The company anticipates earnings per share for 2026 to range between $2.95 and $3.15, maintaining a long-term growth rate of 4% to 6% annually, with potential increases to 5% to 7% if the MX3 project receives approval.
See More
Northwest Natural (NWN) Earnings Call Transcript
See More
Northwest Natural Holding Q4 Earnings Beat Expectations
- Earnings Beat: Northwest Natural Holding reported a Q4 non-GAAP EPS of $1.39, exceeding expectations by $0.03, indicating the company's resilience and stability in profitability.
- Revenue Miss: Despite a 6.3% year-over-year revenue increase to $394.16 million, the figure fell short of expectations by $25.88 million, suggesting potential fluctuations in market demand affecting sales performance.
- Long-Term Guidance: The company initiated 2026 EPS guidance between $2.95 and $3.15, slightly below the consensus of $2.99, reflecting a cautiously optimistic outlook on future profitability.
- Capital Expenditure Plans: Expected capital expenditures of $2.6 to $2.9 billion from 2026 to 2030 are projected to drive a 6-8% growth in the rate base, supporting the company's future expansion and investment strategies.
See More
Northwest Natural Holdings Reports Strong 2025 Financial Results
- Financial Performance Boost: Northwest Natural Holdings reported an EPS of $2.77 and a record adjusted EPS of $2.93 for 2025, significantly up from $2.03 and $2.33 in 2024, reflecting ongoing improvements in profitability that bolster investor confidence.
- Significant Customer Growth: The company added approximately 98,000 gas and water utility connections over the past 12 months, achieving an overall growth rate of 11.1%, primarily driven by the acquisition of SiEnergy, which will further propel future revenues and market share.
- Record Capital Investment: A record investment of $467 million in utility systems was made to enhance reliability and resiliency, which not only improves service quality but also lays a strong foundation for future business expansion.
- Long-term Growth Outlook: The company initiated 2026 EPS guidance of $2.95 to $3.15 and expects a rate base growth of 6-8% through 2030, demonstrating confidence in future development and a clear strategic plan.
See More
Key Earnings Reports Expected Before Friday's Open
- Earnings Release Companies: Major companies expected to report earnings before Friday's open include Arbor Realty Trust (ARR), Energy Fuels (UUUU), AES Corporation (AES), Frontline plc (FRO), and Globalstar (GSAT), all of which hold significant positions in their respective industries.
- Additional Earnings Forecasts: In addition to the major players, other companies slated for earnings release include AMR, AMRX, ANIP, AUGO, BASFY, CRI, DCBO, DK, DKL, EC, EXK, FLGT, GLP, GOGO, ICAGY, INTT, NWN, PSO, SHO, TAC, TCPC, and YPF, showcasing a diverse market landscape.
- Market Reaction Expectations: Investors are expected to closely monitor these earnings reports to assess their potential impact on market dynamics, particularly in light of increasing economic uncertainty, as results could lead to significant stock price fluctuations.
- Earnings Season Calendar: Seeking Alpha offers a comprehensive earnings season calendar, assisting investors in staying informed to make more informed investment decisions.
See More
Northwest Natural Holding to Announce FY Earnings Results
- Earnings Announcement Date: Northwest Natural Holding (NWN) is set to release its FY earnings report on February 27 before market open, with a consensus EPS estimate of $1.36, reflecting a significant year-over-year decline of 41.6%, which may dampen investor confidence.
- Revenue Expectations: The company anticipates revenue of $1.32 billion, representing a 14.8% year-over-year increase, indicating a positive trend in revenue growth, although the substantial drop in EPS could impact overall performance evaluations.
- Historical Performance Review: Over the past two years, NWN has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, suggesting a degree of stability and reliability in the company's financial performance.
- Recent Estimate Changes: In the last three months, EPS estimates have seen one upward revision with no downward adjustments, reflecting analysts' cautiously optimistic outlook on the company's future performance, which may influence investor decisions.
See More
Northwest Natural Holding Company Q4 2025 Earnings Call Highlights
- Record Earnings Per Share: Northwest Natural Holding Company reported an adjusted earnings per share of $2.93 for 2025, a 25.8% increase from $2.33 in 2024, driven by new rates and strong organic customer growth that enhanced profitability.
- Innovative Capital Investment: The company achieved a record capital investment of $467 million in 2025, with $340 million allocated to acquisitions, demonstrating its proactive strategy in expanding operations and enhancing market competitiveness.
- Outstanding Water Segment Performance: The water segment contributed $0.35 per share, accounting for 12% of the company's adjusted earnings per share, exceeding expectations and indicating its significant role in overall performance.
- Future Growth Outlook: The company anticipates earnings per share for 2026 to range between $2.95 and $3.15, maintaining a long-term growth rate of 4% to 6% annually, with potential increases to 5% to 7% if the MX3 project receives approval.
See More
Northwest Natural (NWN) Earnings Call Transcript
See More
Northwest Natural Holding Q4 Earnings Beat Expectations
- Earnings Beat: Northwest Natural Holding reported a Q4 non-GAAP EPS of $1.39, exceeding expectations by $0.03, indicating the company's resilience and stability in profitability.
- Revenue Miss: Despite a 6.3% year-over-year revenue increase to $394.16 million, the figure fell short of expectations by $25.88 million, suggesting potential fluctuations in market demand affecting sales performance.
- Long-Term Guidance: The company initiated 2026 EPS guidance between $2.95 and $3.15, slightly below the consensus of $2.99, reflecting a cautiously optimistic outlook on future profitability.
- Capital Expenditure Plans: Expected capital expenditures of $2.6 to $2.9 billion from 2026 to 2030 are projected to drive a 6-8% growth in the rate base, supporting the company's future expansion and investment strategies.
See More
Northwest Natural Holdings Reports Strong 2025 Financial Results
- Financial Performance Boost: Northwest Natural Holdings reported an EPS of $2.77 and a record adjusted EPS of $2.93 for 2025, significantly up from $2.03 and $2.33 in 2024, reflecting ongoing improvements in profitability that bolster investor confidence.
- Significant Customer Growth: The company added approximately 98,000 gas and water utility connections over the past 12 months, achieving an overall growth rate of 11.1%, primarily driven by the acquisition of SiEnergy, which will further propel future revenues and market share.
- Record Capital Investment: A record investment of $467 million in utility systems was made to enhance reliability and resiliency, which not only improves service quality but also lays a strong foundation for future business expansion.
- Long-term Growth Outlook: The company initiated 2026 EPS guidance of $2.95 to $3.15 and expects a rate base growth of 6-8% through 2030, demonstrating confidence in future development and a clear strategic plan.
See More
Key Earnings Reports Expected Before Friday's Open
- Earnings Release Companies: Major companies expected to report earnings before Friday's open include Arbor Realty Trust (ARR), Energy Fuels (UUUU), AES Corporation (AES), Frontline plc (FRO), and Globalstar (GSAT), all of which hold significant positions in their respective industries.
- Additional Earnings Forecasts: In addition to the major players, other companies slated for earnings release include AMR, AMRX, ANIP, AUGO, BASFY, CRI, DCBO, DK, DKL, EC, EXK, FLGT, GLP, GOGO, ICAGY, INTT, NWN, PSO, SHO, TAC, TCPC, and YPF, showcasing a diverse market landscape.
- Market Reaction Expectations: Investors are expected to closely monitor these earnings reports to assess their potential impact on market dynamics, particularly in light of increasing economic uncertainty, as results could lead to significant stock price fluctuations.
- Earnings Season Calendar: Seeking Alpha offers a comprehensive earnings season calendar, assisting investors in staying informed to make more informed investment decisions.
See More
Northwest Natural Holding to Announce FY Earnings Results
- Earnings Announcement Date: Northwest Natural Holding (NWN) is set to release its FY earnings report on February 27 before market open, with a consensus EPS estimate of $1.36, reflecting a significant year-over-year decline of 41.6%, which may dampen investor confidence.
- Revenue Expectations: The company anticipates revenue of $1.32 billion, representing a 14.8% year-over-year increase, indicating a positive trend in revenue growth, although the substantial drop in EPS could impact overall performance evaluations.
- Historical Performance Review: Over the past two years, NWN has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, suggesting a degree of stability and reliability in the company's financial performance.
- Recent Estimate Changes: In the last three months, EPS estimates have seen one upward revision with no downward adjustments, reflecting analysts' cautiously optimistic outlook on the company's future performance, which may influence investor decisions.
See More
