Northwest Natural Gas Announces Q3 EPS of 73 Cents, Below Consensus Estimate of 83 Cents
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2025
0mins
Should l Buy NWN?
Q3 Revenue Performance: NW Natural Holdings reported Q3 revenue of $164.73 million, falling short of the consensus estimate of $174.98 million.
Positive EPS Outlook: CEO Justin Palfreyman indicated that EPS results are expected to exceed the midpoint of their guidance range due to strong execution of their 2025 plan.
Strategic Investments: The company is benefiting from strategic investments in Texas gas utilities and growth in water and wastewater utilities.
Commitment to Customers: NW Natural has maintained customer gas bills at levels similar to 20 years ago and has a history of over 70 consecutive years of dividend increases, reflecting their commitment to value for customers and shareholders.
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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: 54.040
Low
52.00
Averages
52.50
High
53.00
Current: 54.040
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 Holdings to Release Q1 2026 Earnings and Host Analyst Call
- Earnings Release Announcement: Northwest Natural Holdings has announced that it will issue its Q1 2026 earnings report on May 6, 2026, at 8 a.m. Pacific Time, followed by an analyst conference call to review the results, aiming to enhance investor understanding and confidence in the company's performance.
- Conference Call Participation: Investors can listen to the webcast on the company's corporate website or dial 1-833-461-5787 within the United States and enter access code 913916145 to join the call, ensuring broad investor participation and information transparency.
- Replay Availability: The conference call replay will be accessible on the company's website for one year post-event, allowing investors who could not attend live to obtain financial information, reflecting the company's commitment to investor relations.
- Company Background: With over 167 years of operation, Northwest Natural Holdings owns Northwest Natural Gas Company, SiEnergy, and NW Natural Water Company, serving nearly one million customers, showcasing its long-standing commitment to safety, environmental stewardship, and customer satisfaction, thereby reinforcing its leadership position in the industry.
See More
Northwest Natural Holding Declares Quarterly Dividend
- Quarterly Dividend Announcement: Northwest Natural Holding (NWN) declares a quarterly dividend of $0.4925 per share, consistent with previous payouts, demonstrating the company's ongoing ability to maintain stable cash flows, which is likely to attract income-seeking investors.
- Dividend Yield: The forward yield of 3.53% reflects the company's competitiveness in the current market environment, potentially enhancing investor interest in its stock, especially amid rising interest rates.
- Consistent Dividend Payments: The company has now announced the same dividend for three consecutive quarters, indicating a strong financial position that allows for stable shareholder returns, which is particularly important in uncertain economic conditions.
- Future Growth Targets: Northwest Natural aims for 4%-6% EPS growth and unveils a $300 million MX3 storage expansion project, targeting accelerated growth in its Texas and water segments, showcasing the company's confidence in future development.
See More
Northwest Natural Holding Company Declares Quarterly Dividend
- Quarterly Dividend Declaration: The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 49.25 cents per share, to be paid on May 15, 2026, demonstrating the company's ongoing commitment to shareholder returns.
- Annual Dividend Rate: The company's indicated annual dividend rate stands at $1.97 per share, reflecting its stable profitability and cash flow, which enhances investor confidence.
- Company Background: Headquartered in Portland, Oregon, Northwest Natural Holding Company has over 167 years of operational history and owns multiple businesses, including Northwest Natural Gas Company and SiEnergy, serving nearly one million customers, showcasing its comprehensive strength in the energy and water sectors.
- Leading Customer Satisfaction: The company consistently leads in J.D. Power customer satisfaction surveys, indicating its long-term commitment to safety, environmental stewardship, and community support, which helps enhance brand image and customer loyalty.
See More
Northwest Natural and Marzetti: Steady Dividend Kings
- Acquisition-Driven Growth: Northwest Natural has expanded its customer base in Texas by acquiring SiEnergy for $427 million last year, now serving over 90,000 customers, thereby enhancing its market position in the Northwest region.
- Dividend Growth Record: With a 70-year streak of dividend increases, Northwest Natural's 3.69% yield continues to attract income-oriented investors, demonstrating strong cash flow support despite competition from larger multi-state utilities.
- Debt-Free Advantage: Marzetti operates without debt, providing a competitive edge in the current high-interest-rate environment, with a dividend yield of approximately 2.9% and a 5% increase in 2025, reflecting its financial health.
- Brand Expansion Strategy: Marzetti reported $1.01 billion in revenue for Q2 FY2026, a 3.6% year-over-year increase, and invested $400 million to acquire Japanese barbecue sauce brand Bachan's, further enhancing its market share and brand influence.
See More
Northwest Natural Holding Diversifies Revenue Streams for Growth
- Revenue Diversification: Northwest Natural Holding has expanded its customer base in Texas by acquiring SiEnergy Natural Gas, now serving over 90,000 customers, which enhances its competitive position in the energy market.
- Dividend Growth: The company has raised its dividend for 70 consecutive years, and despite competition from larger multi-state utilities, its 3.69% dividend yield continues to attract investors, reflecting its stable cash flow.
- Financial Performance: In 2025, the earnings per share (EPS) reached $2.77, a 36.4% increase year-over-year, with projections for 2026 EPS between $2.95 and $3.15, indicating sustained growth potential through acquisitions.
- Market Response: Northwest Natural's stock hit a 52-week high of $53.66 on March 30, and despite a 13% price increase this year, it is still considered an ideal choice for income-oriented investors, showcasing its resilience in a high-interest-rate environment.
See More
Two Under-the-Radar Dividend Kings Worth Buying
- Acquisition-Driven Growth: Northwest Natural has expanded its market presence by spending $427 million to acquire SiEnergy Natural Gas, adding over 90,000 customers in Dallas, Houston, and Austin, thereby enhancing its competitive position in the Northwest region.
- Stable Dividend Growth: With a 70-year streak of dividend increases, Northwest Natural offers a relatively high dividend yield of 3.69%, providing investors with a reliable cash flow despite competition from larger multi-state utilities.
- Strong Financial Performance: Marzetti reported $1.01 billion in revenue for Q2 of fiscal 2026, reflecting a 3.6% year-over-year increase, with earnings per share of $3.86, up 13.5% from the previous year, indicating successful brand expansion efforts.
- Debt-Free Advantage: Marzetti operates without debt, which is advantageous in the current high-interest-rate environment, and boasts a dividend yield of 2.9%, having raised its dividend by 5% in 2025, showcasing its financial stability and market competitiveness.
See More
Northwest Natural Holdings to Release Q1 2026 Earnings and Host Analyst Call
- Earnings Release Announcement: Northwest Natural Holdings has announced that it will issue its Q1 2026 earnings report on May 6, 2026, at 8 a.m. Pacific Time, followed by an analyst conference call to review the results, aiming to enhance investor understanding and confidence in the company's performance.
- Conference Call Participation: Investors can listen to the webcast on the company's corporate website or dial 1-833-461-5787 within the United States and enter access code 913916145 to join the call, ensuring broad investor participation and information transparency.
- Replay Availability: The conference call replay will be accessible on the company's website for one year post-event, allowing investors who could not attend live to obtain financial information, reflecting the company's commitment to investor relations.
- Company Background: With over 167 years of operation, Northwest Natural Holdings owns Northwest Natural Gas Company, SiEnergy, and NW Natural Water Company, serving nearly one million customers, showcasing its long-standing commitment to safety, environmental stewardship, and customer satisfaction, thereby reinforcing its leadership position in the industry.
See More
Northwest Natural Holding Declares Quarterly Dividend
- Quarterly Dividend Announcement: Northwest Natural Holding (NWN) declares a quarterly dividend of $0.4925 per share, consistent with previous payouts, demonstrating the company's ongoing ability to maintain stable cash flows, which is likely to attract income-seeking investors.
- Dividend Yield: The forward yield of 3.53% reflects the company's competitiveness in the current market environment, potentially enhancing investor interest in its stock, especially amid rising interest rates.
- Consistent Dividend Payments: The company has now announced the same dividend for three consecutive quarters, indicating a strong financial position that allows for stable shareholder returns, which is particularly important in uncertain economic conditions.
- Future Growth Targets: Northwest Natural aims for 4%-6% EPS growth and unveils a $300 million MX3 storage expansion project, targeting accelerated growth in its Texas and water segments, showcasing the company's confidence in future development.
See More
Northwest Natural Holding Company Declares Quarterly Dividend
- Quarterly Dividend Declaration: The Board of Directors of Northwest Natural Holding Company has declared a quarterly dividend of 49.25 cents per share, to be paid on May 15, 2026, demonstrating the company's ongoing commitment to shareholder returns.
- Annual Dividend Rate: The company's indicated annual dividend rate stands at $1.97 per share, reflecting its stable profitability and cash flow, which enhances investor confidence.
- Company Background: Headquartered in Portland, Oregon, Northwest Natural Holding Company has over 167 years of operational history and owns multiple businesses, including Northwest Natural Gas Company and SiEnergy, serving nearly one million customers, showcasing its comprehensive strength in the energy and water sectors.
- Leading Customer Satisfaction: The company consistently leads in J.D. Power customer satisfaction surveys, indicating its long-term commitment to safety, environmental stewardship, and community support, which helps enhance brand image and customer loyalty.
See More
Northwest Natural and Marzetti: Steady Dividend Kings
- Acquisition-Driven Growth: Northwest Natural has expanded its customer base in Texas by acquiring SiEnergy for $427 million last year, now serving over 90,000 customers, thereby enhancing its market position in the Northwest region.
- Dividend Growth Record: With a 70-year streak of dividend increases, Northwest Natural's 3.69% yield continues to attract income-oriented investors, demonstrating strong cash flow support despite competition from larger multi-state utilities.
- Debt-Free Advantage: Marzetti operates without debt, providing a competitive edge in the current high-interest-rate environment, with a dividend yield of approximately 2.9% and a 5% increase in 2025, reflecting its financial health.
- Brand Expansion Strategy: Marzetti reported $1.01 billion in revenue for Q2 FY2026, a 3.6% year-over-year increase, and invested $400 million to acquire Japanese barbecue sauce brand Bachan's, further enhancing its market share and brand influence.
See More
Northwest Natural Holding Diversifies Revenue Streams for Growth
- Revenue Diversification: Northwest Natural Holding has expanded its customer base in Texas by acquiring SiEnergy Natural Gas, now serving over 90,000 customers, which enhances its competitive position in the energy market.
- Dividend Growth: The company has raised its dividend for 70 consecutive years, and despite competition from larger multi-state utilities, its 3.69% dividend yield continues to attract investors, reflecting its stable cash flow.
- Financial Performance: In 2025, the earnings per share (EPS) reached $2.77, a 36.4% increase year-over-year, with projections for 2026 EPS between $2.95 and $3.15, indicating sustained growth potential through acquisitions.
- Market Response: Northwest Natural's stock hit a 52-week high of $53.66 on March 30, and despite a 13% price increase this year, it is still considered an ideal choice for income-oriented investors, showcasing its resilience in a high-interest-rate environment.
See More
Two Under-the-Radar Dividend Kings Worth Buying
- Acquisition-Driven Growth: Northwest Natural has expanded its market presence by spending $427 million to acquire SiEnergy Natural Gas, adding over 90,000 customers in Dallas, Houston, and Austin, thereby enhancing its competitive position in the Northwest region.
- Stable Dividend Growth: With a 70-year streak of dividend increases, Northwest Natural offers a relatively high dividend yield of 3.69%, providing investors with a reliable cash flow despite competition from larger multi-state utilities.
- Strong Financial Performance: Marzetti reported $1.01 billion in revenue for Q2 of fiscal 2026, reflecting a 3.6% year-over-year increase, with earnings per share of $3.86, up 13.5% from the previous year, indicating successful brand expansion efforts.
- Debt-Free Advantage: Marzetti operates without debt, which is advantageous in the current high-interest-rate environment, and boasts a dividend yield of 2.9%, having raised its dividend by 5% in 2025, showcasing its financial stability and market competitiveness.
See More
