National Fuel Gas Company (NYSE:NFG) Receives $106.00 Consensus PT from Brokerages

National Fuel Gas Company (NYSE:NFGGet Free Report) has earned an average rating of “Moderate Buy” from the five analysts that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $106.00.

NFG has been the subject of several analyst reports. KeyCorp initiated coverage on shares of National Fuel Gas in a report on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 price target for the company. Zacks Research raised shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Finally, Scotiabank set a $101.00 price target on shares of National Fuel Gas in a report on Wednesday, January 21st.

Read Our Latest Stock Analysis on NFG

National Fuel Gas Stock Down 0.5%

Shares of NYSE:NFG opened at $81.67 on Friday. The firm has a fifty day moving average price of $91.44 and a two-hundred day moving average price of $85.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.62 and a quick ratio of 0.55. National Fuel Gas has a one year low of $77.22 and a one year high of $97.06. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 1.16 and a beta of 0.41.

National Fuel Gas (NYSE:NFGGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The oil and gas producer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.85 by ($0.14). National Fuel Gas had a net margin of 27.48% and a return on equity of 20.62%. The firm had revenue of $858.37 million during the quarter, compared to the consensus estimate of $856.57 million. During the same period in the previous year, the business earned $2.39 earnings per share. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.450-7.750 EPS. Analysts anticipate that National Fuel Gas will post 7.72 EPS for the current fiscal year.

National Fuel Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, March 31st. National Fuel Gas’s payout ratio is currently 28.96%.

Institutional Trading of National Fuel Gas

Hedge funds have recently made changes to their positions in the stock. SJS Investment Consulting Inc. lifted its holdings in shares of National Fuel Gas by 458.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 279 shares of the oil and gas producer’s stock worth $26,000 after acquiring an additional 229 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of National Fuel Gas during the 3rd quarter worth $29,000. Richardson Financial Services Inc. lifted its holdings in shares of National Fuel Gas by 88.5% during the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 169 shares during the last quarter. Fairscale Capital LLC bought a new stake in shares of National Fuel Gas during the 4th quarter worth $29,000. Finally, HM Payson & Co. bought a new stake in shares of National Fuel Gas during the 4th quarter worth $29,000. 73.96% of the stock is owned by institutional investors.

About National Fuel Gas

(Get Free Report)

National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.

In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques.

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Analyst Recommendations for National Fuel Gas (NYSE:NFG)

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