NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers.
FAIL · Does not pass the screen
82.73 USD
Price as of 6 Nov 2026Daily close, not a live quote
Screened 2026-11-06 · the tape above runs as of 20:08 UTC · 7 Nov · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
Price82.73 USD at the 6 Nov 2026 close
Our value readOvervalued vs our fair value, as of 6 Nov 2026
Positioning no disclosures inside 60 days, left as found
Options put/call open interest 0.02, read 2026-11-03
Ethical does not pass the values gate
Price82.73 USD
Fair value69.01
Ethical score70.0/100
Value readOvervaluedas of 6 Nov 2026
Our investment reviews on this name
2026-10-11Read Markup68.53+20.7% to today ✓Markdown gives way to Markup
2026-10-02Read Markdown68.53+20.7% to today Accumulation gives way to Markdown with volume flow in agreement
2026-09-08Read Accumulation70.88+16.7% to today ✓Distribution gives way to Accumulation
2026-08-07Read Distribution68.74+20.4% to today Accumulation gives way to Distribution
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
NorthWestern Energy Group, Inc. holds its Accumulation at $82.73. Consolidating, no directional conviction, held for 17 days.
As held on the ledger · 2026-11-06
Phase
Accumulation
Quantitative state
Consolidating, no directional conviction, held for 17 days
Price at the screen
$82.73
Valuation
29.71 trailing · 20.66 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.31
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
40.64%
Below 33%
Interest-bearing debt is 40.6% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
1.45%
Below 49%
Money owed to the company is 1.4% of assets, under the 49% limit.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
NorthWestern Energy Group,'s business is in a permissible area, but its interest-bearing debt is about 41% of the company, well over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-11-07. It updates when the underlying figures move, and past reads are kept below.
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What the Numbers Say It Is Worth
The Fair Value Range
Our analysis reads Overvalued vs our fair value, as of 6 Nov 2026: it trades above our $69.01 fair value estimate, 14.60% revenue growth.
Fair value range in USD, drawn from the 2026-11-06 screen. The gold marker is the market price at the same screen. The price runs 19.9% above the base estimate.
Where our models see it going: fair-value estimate $69.01, with a range of $63.00 to $79.36, dated to the 2026-11-06 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Steady Power Bills Hide a Price Too Rich
Every month the lights stay on and the heating works because regulated utilities like this one deliver the basics without drama. NorthWestern Energy sits in that world, posting 7% revenue growth and a 10% profit margin while earning just 6% on equity. The shares trade at 18.2 times forward earnings, above our fair value, so the market already prices in the modest growth on offer.
We pass because nothing here suggests the returns will improve enough to justify the current price. Analysts rate it a hold with a median target only modestly higher, the moat is unknown, and the thin return on equity leaves little room for error in a capital-heavy business. Ethical screens clear, yet that alone does not create an opportunity.
Interest-rate moves and regulatory resets remain the real swing factors for any utility. A higher cost of capital could compress multiples quickly while earnings stay capped by the rate base. Analysis, not advice.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
NWE trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-11-04Markup$79.95+0.2%Entry 17
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 0.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-03Markup$79.81+0.0%Entry 16
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-02Markup$79.81+0.0%Entry 15
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-01Markup$79.81+2.9%Entry 14
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 2.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-31Markup$77.59+0.0%Entry 13
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-30Markup$77.59+0.0%Entry 12
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-29Markup$77.59+2.9%Entry 11
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 2.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-28Markup$75.39+0.0%Entry 10
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 12% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-25Markup$75.39+1.2%Entry 9
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 1.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71.
2026-10-18Markup$74.49+8.7%Entry 8
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 8.7% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 10% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 39%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (6 analysts) rates it hold, with a mean price target of $71.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
