Northwest Natural Holdings

NWN

Market cap $2.2B

Northwest Natural Holding Company (NWN) Q4 2025 Earnings Call Transcript

Northwest Natural (NWN) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.41 per share a year ago.

PORTLAND, Ore.--(BUSINESS WIRE)--NW Natural Holdings Delivers Record 2025 Results Across All Businesses.

Dividend Kings remain broadly overvalued, with only a handful approaching fair price despite elevated yields. Three Dividend Kings—Canadian Utilities, Fortis, and Hormel—currently meet the dogcatcher 'ideal' but face dividend safety concerns due to negative free cash flow margins. Analyst projections estimate 14.16% to 27.77% net gains for top-yielding Dividend Kings by February 2027, with ABBV and NWN ranking in the top 20 across yield, target, and returns.

My top 10 Dividend Kings list prioritizes reliability, dividend safety, and attractive valuation for long-term, generational income. Selection criteria include payout ratios under 70%, strong dividend safety/growth grades, and favorable Quant, SA, and Wall Street ratings. ABM Industries leads with a low 31% payout ratio, 2.5% yield, B- safety/growth, and an A- valuation grade despite a Hold Quant rating.

Dividend Kings underperformed SPY in 2025, averaging 4.91% total return versus SPY's 17.72%, though 14 Kings outperformed the index. 2026 began strongly for Dividend Kings, up 4.66% through January 23rd, outpacing SPY's 1.07% gain. Nineteen Dividend Kings appear both potentially undervalued and offer long-term annualized expected returns of at least 10%.

PORTLAND, Ore.--(BUSINESS WIRE)--Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) announced today it will issue its fourth quarter and full year 2025 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern Time) on Friday, Feb. 27, 2026. To hear the conference by webcast, log on to NW Natural Holdings' corporate website at ir.nwnaturalholdings.com. To hear the conference call by phone, please dial 1-833-470.

PORTLAND, Ore.--(BUSINESS WIRE)--The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 49.25 cents per share on the Company's common stock. The dividend will be paid on Feb.13, 2026 to shareholders of record on Jan. 30, 2026. The Company's indicated annual dividend rate is $1.97 per share. About NW Natural Holdings Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) is headquartered in Portland, Oregon and has been doing bus.

Northwest Natural Holding Company offers a conservative, stable utility profile with a 69-year dividend streak and a sub-$2B market cap. NWN's dividend growth is minimal, with a 0.53% CAGR since 2000, reflecting a highly cautious capital allocation approach. The company recently announced a 37% increase in capex for 2025-2030, but its regulated model mitigates risk from higher spending.

Dividend Kings underperformed SPY in 2025, up 4.47% vs. SPY's 17.7%, but select Kings outperformed the index. Twenty-two Dividend Kings are identified as both potentially undervalued and offering long-term expected annualized returns of at least 10%. Dividend growth for the Kings remains subdued at 5.81% for 2025, trailing the 2024 rate of 6.32%.