Northwest Bancshares - NWBI Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northwest Bancshares in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NWBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWBI, but not buy additional shares or sell existing shares.
View NWBI analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year target prices for Northwest Bancshares' shares. Their NWBI share price forecasts range from $11.00 to $12.00. On average, they expect the company's share price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 16.4%.
View analysts price targets for NWBI or view top-rated stocks among Wall Street analysts.

Northwest Bancshares' stock was trading at $14.16 at the start of the year. Since then, NWBI stock has decreased by 2.9% and is now trading at $13.75.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our NWBI earnings forecast.

Northwest Bancshares, Inc. (NASDAQ:NWBI) issued its earnings results on Monday, July, 25th. The savings and loans company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.03. The savings and loans company had revenue of $130.71 million for the quarter, compared to analysts' expectations of $123.21 million. Northwest Bancshares had a trailing twelve-month return on equity of 8.23% and a net margin of 24.27%.

Northwest Bancshares declared a quarterly dividend on Tuesday, July 26th. Investors of record on Thursday, August 4th will be given a dividend of $0.20 per share on Monday, August 15th. This represents a $0.80 annualized dividend and a dividend yield of 5.82%. The ex-dividend date is Wednesday, August 3rd.
Read our dividend analysis for NWBI.

Northwest Bancshares (NASDAQ:NWBI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 5.84%. NWBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 80.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, NWBI will have a dividend payout ratio of 70.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NWBI.

16 employees have rated Northwest Bancshares Chief Executive Officer Ronald J. Seiffert on Glassdoor.com. Ronald J. Seiffert has an approval rating of 50% among the company's employees. This puts Ronald J. Seiffert in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Northwest Bancshares investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Verizon Communications (VZ), AbbVie (ABBV), Ares Capital (ARCC), Cisco Systems (CSCO), Energy Transfer (ET) and

Northwest Bancshares trades on the NASDAQ under the ticker symbol "NWBI."

Northwest Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (6.11%), Victory Capital Management Inc. (2.32%), Northern Trust Corp (1.35%), Goldman Sachs Group Inc. (0.70%), Principal Financial Group Inc. (0.62%) and ProShare Advisors LLC (0.54%). Insiders that own company stock include David M Tullio, David Wayne Heeter, Deborah J Esq Chadsey, John P Meegan, Julia W Mctavish, Louis J Torchio, Louis J Torchio, Mark A Paup, Mark T Reitzes, Mark T Reitzes, Michael G Smelko, Ronald B Andzelik, Shawn O Walker, Sonia M Probst, Thomas K Iv Creal, Timothy B Fannin, Timothy M Hunter, Timothy M Hunter, William F Mcknight and William W Harvey.
View institutional ownership trends.

Shares of NWBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of NWBI stock can currently be purchased for approximately $13.75.

Northwest Bancshares (NASDAQ:NWBI) has a market capitalization of $1.74 billion and generates $561.40 million in revenue each year. The savings and loans company earns $154.32 million in net income (profit) each year or $0.99 on an earnings per share basis.

The company employs 2,413 workers across the globe.

Northwest Bancshares was founded in 1896.

Northwest Bancshares' mailing address is 100 LIBERTY STREET, WARREN PA, 16365. The official website for the company is www.northwest.bank. The savings and loans company can be reached via phone at (814) 726-2140 or via fax at 814-728-7716.