Emerson may extend its 70-year dividend growth streak as earnings rebound.
Why NWN Stock slipped -0.06% Today — RQD Quant Desk Flash
Northwest Natural Holding Company (NWN) carries a Roarable Rating of D (Sell) with 45/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief)
Is NWN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, Northwest Natural Holding Company (NYSE: NWN) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $49.93 (-0.06% 1D, market cap $2.10B). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 5/20, and SEC Balance-Sheet Forensics 8/20. Across 211 tracked Energy issuers, NWN ranks #160 in composite RQD confidence.
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does NWN compare to EE and OGS in the Energy sector?
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Within the Energy sector (Oil/Gas Transmission), NWN carries a Roarable D (45/100 RQD), trailing P/E of 18.6x, gross margin of —, and ROIC of 6.0%. By comparison, EE (Excelerate Energy Inc. (Class A)) holds a C grade (64/100 RQD, P/E 23.8x, ROIC 8.1%, cap $3.98B) and OGS (ONE Gas Inc.) posts a D grade (49/100 RQD, P/E 18.6x, ROIC 6.2%, cap $4.91B). Among the 5-stock peer group, NJR leads on earnings multiple (16.1x) while NJR leads on capital efficiency (16.3% ROIC).
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for NWN?
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Per NWN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001733998), Northwest Natural Holding Company generated $1.29B in revenue (+11.8% YoY), $113.3M in net income, and -$197.8M in free cash flow against $6.17B in total assets and $2.27B in total debt. Key quantitative strengths: Established market leader in Energy with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 5/9
20D Institutional Volume Accumulation (±3.5% realized swing band)
Macro rate sensitivity & RSI-14 (60.8) create a -15 pt regime headwind
⚔️ Adversarial Opposing Case: What Could Spark a NWN Turnaround Squeeze
While NWN currently carries a cautious 45/100 (D) rating due to Macro Regime Fit (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Established market leader in Energy with deep daily trading liquidity.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($48.66) and Max Pain ($52.43) forces dealer call-delta covering toward $58.79.
Forensic Repair Trigger: Halting share dilution (Disciplined Float (+1.08% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Why NWN Stock slipped -0.06% Today — RQD Quant Desk Flash
Northwest Natural Holding Company (NWN) slipped -0.06% to $49.93, trading at 47% of its 52-week range ($44.45 – $55.99). Stretched risk/reward at 19x P/E (6% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 47% of its 52-week range ($44.45 – $55.99) with RSI-14 at 60.8 (BULLISH MOMENTUM).
- ▸Volatility Profile: Historical 20-day realized swing band of ±3.5% around $49.93 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable D (Sell) backed by 52% gross margin and $0 annual free cash flow.
A Pacific Northwest gas utility expanding into Texas squares off against a New Jersey water company staring down a quarter-billion-dollar cleanup bill, and for retirees living on dividends, picking the wrong one could co
Broadcom upgraded, Ultragenyx downgraded: Wall Street's top analyst calls
Truist Securities analyst Richard Sunderland initiates coverage on Northwest Natural Hldg (NYSE:NWN) with a Hold rating and announces Price Target of $54.
Dividend Kings have outperformed SPY YTD, rising 13.5% versus SPY's 12.32%, with a strong October rebound. Check out the October best dividend kings here.
Get a weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, including dividend changes and key ex-dividend dates.
Analysts initiated coverage: Buy ratings for CleanSpark, Constellation Energy and Atrium; Outperform for Kardigan; Neutral for Northwest Natural.
Mizuho analyst Gabriel Moreen initiates coverage on Northwest Natural Hldg (NYSE:NWN) with a Neutral rating and announces Price Target of $51.
Some companies have raised their dividend every single year for seven decades, surviving recessions, pandemics, and oil shocks without missing a beat. Four of these rare businesses are still raising payouts today, and th
Wells Fargo analyst Constantine Lednev maintains Northwest Natural Hldg (NYSE:NWN) with a Equal-Weight and lowers the price target from $50 to $49.
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring NWN)
- ✓Walkthrough of NWN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
NWN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +11.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on NWN today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for NWN. Explore sector supply chains on /butterfly.
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NWN)
1. Head-to-Head Energy Peer Comparison (NWN vs. EE, OGS, SR, NJR)
Industry: Oil/Gas Transmission (13 Tracked Issuers)Across 211 tracked Energy securities in the Roarable RQD universe, Northwest Natural Holding Company (NWN) ranks #160 by composite RQD confidence (45/100, grade D) and #117 by equity capitalization ($2.10B). Within this direct 5-issuer industry benchmark cohort, NJR leads on earnings valuation at 16.1x trailing P/E, while NJR leads on capital efficiency and profitability with 16.3% ROIC and — gross margin. NJR currently holds the highest overall quantitative score in the immediate peer group at 71/100 (B-) compared with NWN at 45/100 (D).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| NWN
ACTIVE
Northwest Natural Holding Company | D | 45/100 | 18.6x | — | 6.0% | -0.06% | $2.10B | Benchmark Subject |
| EE Excelerate Energy Inc. (Class A) | C | 64/100 | 23.8x | — | 8.1% | +0.86% | $3.98B | /ee-vs-nwn → |
| OGS ONE Gas Inc. | D | 49/100 | 18.6x | — | 6.2% | +0.56% | $4.91B | /ogs-vs-nwn → |
| SR Spire Inc. | D- | 43/100 | 18.9x | 58.8% | 5.3% | +1.48% | $5.13B | /sr-vs-nwn → |
| NJR NewJersey Resources Corporation | B- | 71/100 | 16.1x | — | 16.3% | +0.19% | $5.39B | /njr-vs-nwn → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001733998In its most recent audited fiscal period (FY2025, filed 2025-12-31), Northwest Natural Holding Company (NWN) reported GAAP revenue of $1.29B (+11.8% vs. FY2024 revenue of $1.15B , and +7.7% cumulative change since FY2023) , GAAP net income of $113.3M, operating cash flow of $269.1M, and free cash flow of -$197.8M (-1.9% YoY). On the balance sheet, NWN closed FY2025 with $6.17B in total assets against $2.27B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 5/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $1.29B | $113.3M | $269.1M | -$197.8M | $6.17B | $2.27B |
| FY2024 (FY) | 2024-12-31 | $1.15B | $78.9M | $200.3M | -$194.1M | $5.23B | $1.68B |
| FY2023 (FY) | 2023-12-31 | $1.20B | $93.9M | $279.9M | $279.9M | — | — |
3. NWN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs NWN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-02, Northwest Natural Holding Company (NYSE: NWN) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $49.93 (-0.06% 1D, market cap $2.10B). Pillar breakdown: Fundamental Cash Engine 8/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 5/20, and SEC Balance-Sheet Forensics 8/20. Across 211 tracked Energy issuers, NWN ranks #160 in composite RQD confidence.
How does NWN compare to EE and OGS in the Energy sector?
Within the Energy sector (Oil/Gas Transmission), NWN carries a Roarable D (45/100 RQD), trailing P/E of 18.6x, gross margin of —, and ROIC of 6.0%. By comparison, EE (Excelerate Energy Inc. (Class A)) holds a C grade (64/100 RQD, P/E 23.8x, ROIC 8.1%, cap $3.98B) and OGS (ONE Gas Inc.) posts a D grade (49/100 RQD, P/E 18.6x, ROIC 6.2%, cap $4.91B). Among the 5-stock peer group, NJR leads on earnings multiple (16.1x) while NJR leads on capital efficiency (16.3% ROIC).
What are the biggest fundamental strengths and SEC risk factors for NWN?
Per NWN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001733998), Northwest Natural Holding Company generated $1.29B in revenue (+11.8% YoY), $113.3M in net income, and -$197.8M in free cash flow against $6.17B in total assets and $2.27B in total debt. Key quantitative strengths: Established market leader in Energy with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is NWN trading relative to its 50-day, 200-day, and 52-week technical levels?
NWN last traded at $49.93 (-0.06% on volume of 255,236 shares), positioning the stock +2.61% above its 50-day simple moving average ($48.66) and -0.42% below its 200-day simple moving average ($50.14). Across its 52-week range of $44.45 to $55.99, NWN sits at the 47.5% percentile with a 14-day RSI of 60.8 (BULLISH MOMENTUM) and an implied next-earnings move of ±3.5% ($48.18 to $51.68).
NWN Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDWhy is NWN stock moving today?
Why NWN Stock slipped -0.06% Today — RQD Quant Desk Flash. Stretched risk/reward at 19x P/E (6% return on capital) under elevated 10-year interest-rate pressure.
NWN — Northwest Natural Holding Company: What the Facts Mean to a Prospective Investor
Roarable Rating Brief: What This Means to a Prospective Investor
Per the Roarable RQD rating, NWN carries an RQD Score of 45 and a letter grade of D, with the verdict label "Roarable Sell — Underperform / Distribution Warning." Across the five pillars:
- Fundamental Cash Engine: 8 / 20. Per the Roarable RQD rating, this pillar reflects ROIC of 6% and an FCF yield of -9.4%. For a prospective investor, the weak return on invested capital and negative free-cash-flow yield mean the business is not currently generating surplus cash relative to its market value, which limits how much of the dividend and growth can be funded internally.
- Whale 13F Flow: 11 / 20. Per the Roarable RQD rating, this pillar covers institutional accumulation and options positioning. The moderate score suggests institutional flow is neither strongly supportive nor strongly negative.
- Insider Conviction: 8 / 20. Per the Roarable RQD rating, this pillar covers SEC Form 4 and Congressional PTR cluster flow. The below-midpoint score signals limited insider-level conviction in the upside case.
- Macro Regime Fit: 5 / 20. Per the Roarable RQD rating, this pillar reflects a Beta of 1.0 and sector sensitivity. This is the weakest pillar, implying the stock's risk profile is poorly aligned with the prevailing macro regime as scored.
- Forensic Balance Sheet: 13 / 20. Per the Roarable RQD rating, this pillar reflects an Altman Z of 2.5, a Piotroski F of 5/9, and Debt/Equity of 1.54. This is the strongest pillar but still reflects meaningful leverage.
Taken together, the rating points to a valuation that is not supported by cash generation, with the balance sheet as the relative bright spot. The investor implication is that upside depends on improving cash returns rather than on multiple expansion alone.
Snapshot
Business
NWN is a NYSE-listed issuer in the Energy sector, operating in the Oil/Gas Transmission industry, per the Profile. Per the Profile, the company has a market capitalization of $2.1B. The source data does not describe specific products, customers, or revenue-generating activities beyond the sector and industry classification.
Financial Trend
| Period | Revenue | Operating Income | Net Income | EPS | FCF | Cash | Debt |
|---|---|---|---|---|---|---|---|
| FY 2025 | $1289.4M | $280.9M | $113.3M | N/A | $-197.8M | $36.7M | $2272.2M |
| FY 2024 | $1153.0M | $191.1M | $78.9M | N/A | $-194.1M | $38.5M | $1679.4M |
| FY 2023 | $1197.5M | $184.9M | $93.9M | N/A | $279.9M | N/A | N/A |
Per the SEC financials, revenue rose from $1197.5M in FY 2023 to $1289.4M in FY 2025, and net income moved from $93.9M to $113.3M over the same span. Per the market data, operating margin is 21.8%, net margin is 8.8%, and gross margin is reported as 0%. Per the Roarable RQD rating, ROIC is 6%, the Altman Z is 2.5, and the Piotroski F is 5/9. Per the SEC financials, reported debt climbed from $1679.4M in FY 2024 to $2272.2M in FY 2025, and FCF was negative in both of those years, which aligns with the Debt/Equity of 1.54 cited in the RQD rating.
Open Questions
- What drives the negative FCF in FY 2024 and FY 2025 despite positive operating income, and how much of that is capital expenditure versus working capital?
- What explains the gap between the reported FY 2023 FCF of $279.9M and the negative FCF in the following two years?
- What are the FY 2023 cash and debt balances, which are reported as N/A?
- What is the EPS for the reported periods, which the financials list as N/A?
- What is the current gross margin of 0% reflecting, given revenue and operating income are both reported?
NWN Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for Northwest Natural Holding Company (NWN) • Click "Debate This Headline" to argue it in the Roar Pit below
Emerson may extend its 70-year dividend growth streak as earnings rebound.
A Pacific Northwest gas utility expanding into Texas squares off against a New Jersey water company staring down a quarter-billion-dollar cleanup bill, and for retirees living on dividends, picking the wrong one could co
Broadcom upgraded, Ultragenyx downgraded: Wall Street's top analyst calls
Truist Securities analyst Richard Sunderland initiates coverage on Northwest Natural Hldg (NYSE:NWN) with a Hold rating and announces Price Target of $54.
Dividend Kings have outperformed SPY YTD, rising 13.5% versus SPY's 12.32%, with a strong October rebound. Check out the October best dividend kings here.
Get a weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers, including dividend changes and key ex-dividend dates.
Analysts initiated coverage: Buy ratings for CleanSpark, Constellation Energy and Atrium; Outperform for Kardigan; Neutral for Northwest Natural.
Mizuho analyst Gabriel Moreen initiates coverage on Northwest Natural Hldg (NYSE:NWN) with a Neutral rating and announces Price Target of $51.
NWN Bull vs. Bear Conversation Board — What's Your Call at $49.93?
🔥 Official Bull vs. Bear Debate: Is NWN (D • RQD 45/100) a Buy at $49.96?
Welcome to the NWN (Northwest Natural Holding Company) Roar Pit. Current RQD Composite is 45/100 (Roarable Sell — Underperform / Distribution Warning) in Oil/Gas Transmission. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.
Pump the brakes on NWN — check the valuation vs. margin headwinds
Everyone in here is repeating the bull case on NWN, but look at what you are paying: 18.6x trailing P/E with tightening sector spreads. Unless Northwest Natural Holding Company expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.
NWN cash flow & RQD setup is being underpriced by the Street here
Looking at the 5-pillar RQD breakdown on NWN, the market is fixating on short-term headline noise in Oil/Gas Transmission and ignoring the balance sheet and cash flow trajectory. At $49.96 (52-wk range $44.45 - $55.99), any beat on forward guidance forces shorts and underweight funds to chase.