NWE
NorthWestern Energy Group, Inc. Utilities - Utilities - Regulated Electric Investor Relations →
NorthWestern Energy Group, Inc. (NWE) closed at $63.80 as of 2026-03-20, trading 26.0% above its 200-week moving average of $50.63. The stock is currently moving closer to the line, down from 34.0% last week. The 14-week RSI sits at 44, indicating neutral momentum.
Trading volume is running at 1.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.80 ratio) is neutral — neither side is clearly dominating.
Over the past 903 weeks of data, NWE has crossed below its 200-week moving average 22 times. On average, these episodes lasted 8 weeks. Historically, investors who bought NWE at the start of these episodes saw an average one-year return of +14.0%.
With a market cap of $3.9 billion, NWE is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 6.3%. The stock trades at 1.4x book value.
Share count has increased 2.8% over three years, indicating dilution.
Over the past 17.3 years, a hypothetical investment of $100 in NWE would have grown to $561, compared to $991 for the S&P 500. NWE has returned 10.5% annualized vs 14.1% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NWE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NWE Crosses Below the Line?
Across 22 historical episodes, buying NWE when it crossed below its 200-week moving average produced an average return of +10.5% after 12 months (median +8.0%), compared to +19.8% for the S&P 500 over the same periods. 64% of those episodes were profitable after one year. After 24 months, the average return was +13.2% vs +37.0% for the index.
Each line shows $100 invested at the moment NWE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NWE has crossed below its 200-week MA 22 times with an average 1-year return of +14.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 2008 | Jan 2009 | 7 | 15.2% | +35.4% | +548.8% |
| Feb 2009 | Jun 2009 | 18 | 19.1% | +26.0% | +505.8% |
| Feb 2018 | Feb 2018 | 1 | 0.1% | +29.7% | +73.9% |
| Feb 2018 | Mar 2018 | 4 | 2.5% | +40.6% | +77.5% |
| Jun 2018 | Jun 2018 | 1 | 1.0% | +45.9% | +72.4% |
| Mar 2020 | Apr 2020 | 3 | 17.3% | +37.7% | +73.5% |
| Apr 2020 | May 2020 | 5 | 7.3% | +25.5% | +47.4% |
| Jun 2020 | Nov 2020 | 22 | 16.5% | +22.4% | +50.6% |
| Nov 2020 | Feb 2021 | 11 | 5.3% | +1.2% | +42.9% |
| Oct 2021 | Jan 2022 | 15 | 5.4% | -7.7% | +37.5% |
| Feb 2022 | Feb 2022 | 1 | 0.5% | +2.5% | +34.9% |
| Mar 2022 | Mar 2022 | 1 | 1.6% | +2.9% | +35.6% |
| Apr 2022 | May 2022 | 1 | 2.3% | +8.2% | +35.7% |
| Jun 2022 | Jun 2022 | 1 | 6.4% | +12.6% | +40.9% |
| Jul 2022 | Nov 2022 | 20 | 13.9% | +3.8% | +33.8% |
| Dec 2022 | Dec 2022 | 1 | 1.0% | -6.2% | +32.6% |
| Jan 2023 | Jan 2023 | 1 | 1.7% | -10.7% | +33.6% |
| Feb 2023 | Feb 2023 | 1 | 0.1% | -12.3% | +31.6% |
| Mar 2023 | Mar 2023 | 3 | 1.2% | -7.1% | +33.2% |
| Jul 2023 | May 2024 | 40 | 12.9% | +4.5% | +34.0% |
| May 2024 | Jul 2024 | 7 | 4.1% | +13.2% | +37.3% |
| Dec 2024 | Dec 2024 | 1 | 1.0% | +39.9% | +34.2% |
| Average | 8 | — | +14.0% | — |
Frequently Asked Questions
Is NWE below its 200-week moving average?
No. NorthWestern Energy Group, Inc. (NWE) is currently 26.0% above its 200-week moving average of $50.63. It would need to fall to $50.63 to cross below the line.
What is NWE's 200-week moving average price?
NorthWestern Energy Group, Inc.'s 200-week moving average is $50.63 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NWE drops below its 200-week moving average?
NWE has crossed below its 200-week moving average 22 times in our data. On average, buying at that moment produced a one-year return of +14.0%. These dips have historically been decent entry points. These episodes lasted 8 weeks on average.
Is NWE a good value right now?
Here's what our data says about NWE as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 44. Free cash flow is currently negative. Return on equity is 6.3%. Price-to-book is 1.4x. This is not a buy or sell recommendation — always do your own research.
How does NWE compare to the S&P 500?
Over the past 17.3 years, $100 invested in NWE would have grown to $561, compared to $991 for the S&P 500. That's 10.5% annualized vs 14.1% for the index. NWE has underperformed the broader market over this period.
Does NWE pay a dividend?
Yes. NorthWestern Energy Group, Inc. currently pays a dividend yield of 415.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20