Northwest Natural Gas Company’s stock reached a 52-week high of $49.66, marking a 25.13% increase over the past year. This performance is supported by a stable 4.03% dividend yield maintained for 56 consecutive years, demonstrating strong operational efficiencies that have attracted investors. Despite the stock potentially trading above its Fair Value, recent strategic moves like issuing $200 million in first mortgage bonds and a raised price target from Stifel to $52.00 reflect continued positive momentum and growth prospects for the utility company.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Northwest Natural Gas stock hits 52-week high at 49.66 USD
Northwest Natural Gas Company’s stock reached a 52-week high of $49.66, marking a 25.13% increase over the past year. This performance is supported by a stable 4.03% dividend yield maintained for 56 consecutive years, demonstrating strong operational efficiencies that have attracted investors. Despite the stock potentially trading above its Fair Value, recent strategic moves like issuing $200 million in first mortgage bonds and a raised price target from Stifel to $52.00 reflect continued positive momentum and growth prospects for the utility company.