Professional
Added to YB: 2024-04-16
Pitch date: 2024-03-31
NWN [bullish]
Northwest Natural Holding Company
+36.62%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$2.0B
Pitch Price
$34.24
Price Target
N/A
Dividend
4.11%
EV/EBITDA
9.82
P/E
19.39
EV/Sales
3.54
Sector
Gas Utilities
Category
value
Palm Valley Capital Fund New Position: Northwest Natural Holding Company
NWN: Natural gas utility in OR & WA. 2024 EPS -7-15% on high capex & inflation. Filed for rate hike (10.1% ROE), decision due Nov. $2.80 norm. EPS est., trades at 13x & 1.2x TBV, near lows. 68 yr dividend growth streak, 5.3% yield. Attractive with regulatory & rate risk.
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