Should I buy or sell Northwest Bancshares stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northwest Bancshares in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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 .

What is Northwest Bancshares' stock price target for 2024?

1 analysts have issued 1 year price objectives for Northwest Bancshares' stock. Their NWBI share price targets range from $10.00 to $13.00. On average, they expect the company's share price to reach $11.50 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View analysts price targets for NWBI or view top-rated stocks among Wall Street analysts .

How have NWBI shares performed in 2024?

Northwest Bancshares' stock was trading at $12.48 at the start of the year. Since then, NWBI shares have decreased by 13.4% and is now trading at $10.81. View the best growth stocks for 2024 here .

When is Northwest Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our NWBI earnings forecast .

How were Northwest Bancshares' earnings last quarter?

Northwest Bancshares, Inc. (NASDAQ:NWBI) announced its quarterly earnings results on Monday, January, 22nd. The savings and loans company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The savings and loans company had revenue of $186.56 million for the quarter, compared to the consensus estimate of $133.06 million. Northwest Bancshares had a net margin of 19.23% and a trailing twelve-month return on equity of 9.21%.

How often does Northwest Bancshares pay dividends? What is the dividend yield for Northwest Bancshares?

Northwest Bancshares declared a quarterly dividend on Monday, January 22nd. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.20 per share on Wednesday, February 14th. This represents a $0.80 annualized dividend and a yield of 7.40%. The ex-dividend date is Thursday, February 1st. Read our dividend analysis for NWBI .

Is Northwest Bancshares a good dividend stock?

Northwest Bancshares (NASDAQ:NWBI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 7.48%. NWBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NWBI will have a dividend payout ratio of 78.43% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NWBI .

What ETFs hold Northwest Bancshares' stock?

ETFs with the largest weight of Northwest Bancshares (NASDAQ:NWBI) stock in their portfolio include Invesco High Yield Equity Dividend Achievers ETF (PEY) , Invesco KBW High Dividend Yield Financial ETF (KBWD) , VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) , SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) , First Trust NASDAQ ABA Community Bank Index Fund (QABA) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) . VictoryShares US Small Cap Volatility Wtd (CSA) .

What is Ronald J. Seiffert's approval rating as Northwest Bancshares' CEO?

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.

What other stocks do shareholders of Northwest Bancshares own?

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

Who are Northwest Bancshares' major shareholders?

Northwest Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include ST Germain D J Co. Inc. (0.09%), Hennion & Walsh Asset Management Inc. (0.02%), Diversified Trust Co (0.01%) and Courier Capital LLC (0.01%). Insiders that own company stock include Carey A Barnum, David M Tullio , David Wayne Heeter , Deborah J Esq Chadsey, Devin T Cygnar, James M Colestro, Jeffrey J Maddigan, John P Meegan , Louis J Torchio, Louis J Torchio , Mark A Paup , Mark T Reitzes , Ronald B Andzelik, Scott J Watson, Sonia M Probst , Thomas K Iv Creal , Timothy B Fannin, Timothy M Hunter, Timothy M Hunter and William W Harvey . View institutional ownership trends .

How do I buy shares of Northwest Bancshares?

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

NASDAQ:NWBI

Northwest Bancshares (NWBI) Stock Price, News & Analysis

→ The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad)

Free NWBI Stock Alerts

$10.78

+0.07 (+0.65%)

(As of 04/18/2024 ET)

Compare

Today's Range: $10.69
▼
$10.86
50-Day Range: $10.69
▼
$12.13
52-Week Range: $9.80
▼
$13.07

Volume: 532,738 shs
Average Volume: 812,095 shs
Market Capitalization: $1.37 billion

P/E Ratio: 10.17
Dividend Yield: 7.42%
Price Target: $11.50

Get Northwest Bancshares alerts:

Northwest Bancshares MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 6.4% Upside
$11.50 Price Target
Short Interest: Healthy
3.30% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$64,500 Bought Last Quarter
Proj. Earnings Growth: 7.37%
From $0.95 to $1.02 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.86 out of 5 stars

Finance Sector

491st out of 831 stocks

National Commercial Banks Industry

60th out of 79 stocks

1.0

Analyst's Opinion

Consensus Rating
Northwest Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Northwest Bancshares has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.30% of the float of Northwest Bancshares has been sold short.
Short Interest Ratio / Days to Cover
Northwest Bancshares has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in Northwest Bancshares has recently decreased by 9.95%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Northwest Bancshares is a leading dividend payer. It pays a dividend yield of 7.48%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Northwest Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Northwest Bancshares is 75.47%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Northwest Bancshares will have a dividend payout ratio of 78.43% in the coming year. This indicates that Northwest Bancshares may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NWBI.

2.4

News and Social Media Coverage

News Sentiment
Northwest Bancshares has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Northwest Bancshares this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for NWBI on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Northwest Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northwest Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.10% of the stock of Northwest Bancshares is held by insiders.
Percentage Held by Institutions
66.32% of the stock of Northwest Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Northwest Bancshares are expected to grow by 7.37% in the coming year, from $0.95 to $1.02 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Northwest Bancshares is 10.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northwest Bancshares is 10.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.98.
Price to Book Value per Share Ratio
Northwest Bancshares has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

About Northwest Bancshares Stock (NASDAQ:NWBI)

Northwest Bancshares, Inc. operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. The company accepts various deposits, including checking, savings, money market deposit, term certificate, and individual retirement accounts. It also offers loan products comprising one-to-four-family residential real estate loans, shorter term consumer loans, and loans collateralized by multi-family residential and commercial real estate; home equity loans and lines of credit; commercial business and real estate loans; commercial loans; and consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by investment accounts, as well as investment management and trust services. The company operates community banking locations in Pennsylvania, Western New York, Eastern Ohio, and Indiana. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio.

NWBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NWBI Stock News Headlines

March 20, 2024 | money.usnews.com

Northwest Bancshares Inc

March 16, 2024 | nasdaq.com

Northwest Bancshares Enters Oversold Territory

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 13, 2024 | finance.yahoo.com

Northwest Bank Appoints Head of Restaurant and Franchise Finance, Diversifies Commercial Portfolio

February 28, 2024 | finanznachrichten.de

Northwest Bancshares, Inc.; Northwest Bank: Northwest Bancshares, Inc. and Northwest Bank Name Douglas M. Schosser Chief Financial Officer

February 27, 2024 | benzinga.com

FB Financial Empowers Investors with Solid Returns and Fueling Shareholder Value

February 27, 2024 | markets.businessinsider.com

Janney Montgomery Reaffirms Their Hold Rating on Northwest Bancshares (NWBI)

February 26, 2024 | prnewswire.com

Northwest Bancshares, Inc. and Northwest Bank Name Douglas M. Schosser Chief Financial Officer

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

February 24, 2024 | msn.com

Northwest Bancshares (NWBI) Price Target Increased by 5.13% to 12.55

February 22, 2024 | benzinga.com

Northwest Bancshares Stock (NASDAQ:NWBI), Analyst Ratings, Price Targets, Predictions

February 16, 2024 | benzinga.com

Surpassing Expectations: Westamerica Bancorp Unleashes Growth Potential and Rewards Investors

February 5, 2024 | markets.businessinsider.com

Surpassing Expectations: Lakeland Financial Unleashes Growth Potential and Rewards Investors

February 2, 2024 | finance.yahoo.com

Northwest Bancshares (NWBI) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

February 1, 2024 | finance.yahoo.com

Northwest Bank Welcomes Jonathan Smith as Head of SBA Lending

February 1, 2024 | finance.yahoo.com

0.1% earnings growth over 5 years has not materialized into gains for Northwest Bancshares (NASDAQ:NWBI) shareholders over that period

January 30, 2024 | finance.yahoo.com

Northwest Bank Appoints Molly Abair as Head of Commercial Credit Management

January 22, 2024 | seekingalpha.com

Northwest Bancshares: Another Income Name To Run A House Position In

January 22, 2024 | finanznachrichten.de

Northwest Bank; Northwest Bancshares, Inc.: Northwest Bancshares, Inc. Announces Fourth Quarter 2023 Earnings and Quarterly Dividend

January 22, 2024 | finance.yahoo.com

Northwest Bancshares (NWBI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

January 17, 2024 | seekingalpha.com

Northwest Bancshares: A Step Back Might Not Be So Bad (Rating Downgrade)

December 14, 2023 | finance.yahoo.com

Strength Seen in Northwest Bancshares (NWBI): Can Its 5.5% Jump Turn into More Strength?

December 12, 2023 | benzinga.com

Fostering Confidence: Live Oak Bancshares Reliable Progress and Investor Expectations

December 7, 2023 | finance.yahoo.com

Recent uptick might appease Northwest Bancshares, Inc. (NASDAQ:NWBI) institutional owners after losing 13% over the past year

November 14, 2023 | markets.businessinsider.com

Navigating Challenges and Investor Rewards: Northwest Bancshares Ensures Steady Distribution amidst Changing Profits

November 9, 2023 | benzinga.com

Northwest Bancshares Recent Insider Activity

November 6, 2023 | finance.yahoo.com

Can Northwest Bancshares (NWBI) Run Higher on Rising Earnings Estimates?

See More Headlines

Receive NWBI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Northwest Bancshares and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 1/22/2024
Ex-Dividend for 2/14 Dividend: 2/01/2024
Dividend Payable: 2/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National commercial banks
Sub-Industry: Thrifts & Mortgage Finance
Current Symbol: NASDAQ:NWBI
CUSIP: 66734010
CIK: 1471265
Web: www.northwest.bank
Phone: (814) 726-2140
Fax: 814-728-7716
Employees: 2,165
Year Founded: 1896

Price Target and Rating

Average Stock Price Target: $11.50
High Stock Price Target: $13.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +6.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.06
Trailing P/E Ratio: 10.18
Forward P/E Ratio: 11.36
P/E Growth: N/A
Net Income: $134.96 million
Net Margins: 19.23%
Pretax Margin: 24.95%
Return on Equity: 9.21%
Return on Assets: 0.98%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 0.96
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $701.74 million
Price / Sales: 1.95
Cash Flow: $1.33 per share
Price / Cash Flow: 8.12
Book Value: $12.20 per share
Price / Book: 0.88

Miscellaneous

Outstanding Shares: 127,110,000
Free Float: 125,715,000
Market Cap: $1.37 billion
Optionable: Optionable
Beta: 0.60

Social Links

10 Best Stocks to Own in 2024

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Louis J. Torchio (Age 61)
President, CEO & Director
Comp: $1.31M
Mr. William W. Harvey Jr. (Age 58)
Senior EVP, COO & Director
Comp: $1.12M
Mr. Scott J. Watson (Age 57)
Executive VP & Chief Information Officer
Comp: $539.33k
Mr. John J. Golding (Age 60)
Senior EVP & Chief Consumer Banking Officer
Comp: $562.11k
Mr. Gregory J. Betchkal (Age 60)
Executive VP & Chief Risk Officer
Comp: $807.33k
Mr. Douglas M. Schosser CPA (Age 54)
Chief Financial Officer
Mr. Jeffrey J. Maddigan (Age 51)
Executive VP of Finance & Accounting, Corporate Treasurer and Principal Accounting Officer
Mr. C. Forrest Tefft
Senior Vice President of Corporate Finance
Michael W. Cappetta
Senior VP & Chief Technology Officer
Mr. Richard K. Laws
Executive VP, Chief Legal Counsel & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NWBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Northwest Bancshares stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northwest Bancshares in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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.
What is Northwest Bancshares' stock price target for 2024?: 1 analysts have issued 1 year price objectives for Northwest Bancshares' stock. Their NWBI share price targets range from $10.00 to $13.00. On average, they expect the company's share price to reach $11.50 in the next year. This suggests a possible upside of 6.4% from the stock's current price.
View analysts price targets for NWBI or view top-rated stocks among Wall Street analysts.
How have NWBI shares performed in 2024?: Northwest Bancshares' stock was trading at $12.48 at the start of the year. Since then, NWBI shares have decreased by 13.4% and is now trading at $10.81.
View the best growth stocks for 2024 here.
When is Northwest Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our NWBI earnings forecast.
How were Northwest Bancshares' earnings last quarter?: Northwest Bancshares, Inc. (NASDAQ:NWBI) announced its quarterly earnings results on Monday, January, 22nd. The savings and loans company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The savings and loans company had revenue of $186.56 million for the quarter, compared to the consensus estimate of $133.06 million. Northwest Bancshares had a net margin of 19.23% and a trailing twelve-month return on equity of 9.21%.
How often does Northwest Bancshares pay dividends? What is the dividend yield for Northwest Bancshares?: Northwest Bancshares declared a quarterly dividend on Monday, January 22nd. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.20 per share on Wednesday, February 14th. This represents a $0.80 annualized dividend and a yield of 7.40%. The ex-dividend date is Thursday, February 1st.
Read our dividend analysis for NWBI.

Is Northwest Bancshares a good dividend stock?: Northwest Bancshares (NASDAQ:NWBI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 7.48%. NWBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NWBI will have a dividend payout ratio of 78.43% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for NWBI.
What ETFs hold Northwest Bancshares' stock?: ETFs with the largest weight of Northwest Bancshares (NASDAQ:NWBI) stock in their portfolio include Invesco High Yield Equity Dividend Achievers ETF (PEY), Invesco KBW High Dividend Yield Financial ETF (KBWD), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF).VictoryShares US Small Cap Volatility Wtd (CSA).
What is Ronald J. Seiffert's approval rating as Northwest Bancshares' CEO?: 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.
What other stocks do shareholders of Northwest Bancshares own?: 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
Who are Northwest Bancshares' major shareholders?: Northwest Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include ST Germain D J Co. Inc. (0.09%), Hennion & Walsh Asset Management Inc. (0.02%), Diversified Trust Co (0.01%) and Courier Capital LLC (0.01%). Insiders that own company stock include Carey A Barnum, David M Tullio, David Wayne Heeter, Deborah J Esq Chadsey, Devin T Cygnar, James M Colestro, Jeffrey J Maddigan, John P Meegan, Louis J Torchio, Louis J Torchio, Mark A Paup, Mark T Reitzes, Ronald B Andzelik, Scott J Watson, Sonia M Probst, Thomas K Iv Creal, Timothy B Fannin, Timothy M Hunter, Timothy M Hunter and William W Harvey.
View institutional ownership trends.
How do I buy shares of Northwest Bancshares?: Shares of NWBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NWBI) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial