NWN
Northwest Natural Holding Company Utilities - Utilities - Regulated Gas Investor Relations →
Northwest Natural Holding Company (NWN) closed at $52.86 as of 2026-05-01, trading 34.1% above its 200-week moving average of $39.41. The stock is currently moving closer to the line, down from 34.3% last week. With a 14-week RSI of 73, NWN is in overbought territory.
Trading volume is running at 0.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.00 ratio) is neutral — neither side is clearly dominating.
Over the past 2727 weeks of data, NWN has crossed below its 200-week moving average 29 times. On average, these episodes lasted 19 weeks. Historically, investors who bought NWN at the start of these episodes saw an average one-year return of +10.9%.
With a market cap of $2.2 billion, NWN is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 7.9%. The stock trades at 1.5x book value.
Share count has increased 17.0% over three years, indicating dilution.
Over the past 33.3 years, a hypothetical investment of $100 in NWN would have grown to $1093, compared to $2973 for the S&P 500. NWN has returned 7.4% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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: NWN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NWN Crosses Below the Line?
Across 19 historical episodes, buying NWN when it crossed below its 200-week moving average produced an average return of +9.5% after 12 months (median +13.0%), compared to +16.2% for the S&P 500 over the same periods. 65% of those episodes were profitable after one year. After 24 months, the average return was +14.4% vs +19.1% for the index.
Each line shows $100 invested at the moment NWN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NWN has crossed below its 200-week MA 29 times with an average 1-year return of +10.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Jan 1976 | 101 | 34.5% | -16.4% | +4113.0% |
| Jan 1981 | Mar 1981 | 7 | 9.5% | +1.1% | +3242.9% |
| Mar 1981 | Apr 1983 | 107 | 17.6% | -2.2% | +3207.0% |
| Apr 1983 | May 1983 | 1 | 1.6% | +10.2% | +3038.3% |
| Jul 1983 | Sep 1983 | 6 | 5.5% | +8.2% | +3038.3% |
| Oct 1987 | Nov 1987 | 3 | 4.6% | +11.5% | +1978.0% |
| Nov 1987 | Dec 1987 | 4 | 10.6% | +16.2% | +1978.0% |
| Aug 1988 | Aug 1988 | 1 | 1.5% | +25.3% | +1846.5% |
| Feb 1989 | Apr 1989 | 8 | 6.2% | +25.8% | +1834.3% |
| Aug 1990 | Aug 1990 | 1 | 2.2% | +42.3% | +1659.0% |
| Mar 1999 | May 1999 | 6 | 3.7% | -9.6% | +617.2% |
| Dec 1999 | Jun 2000 | 26 | 19.0% | +25.2% | +581.3% |
| Jun 2000 | Jul 2000 | 5 | 2.0% | +17.4% | +554.4% |
| Sep 2000 | Oct 2000 | 3 | 0.4% | +8.2% | +541.9% |
| Apr 2001 | May 2001 | 1 | 0.9% | +40.9% | +530.9% |
| Mar 2009 | Mar 2009 | 1 | 1.1% | +23.5% | +160.6% |
| Nov 2012 | Nov 2012 | 2 | 0.9% | +5.3% | +111.9% |
| Jun 2013 | Jul 2013 | 3 | 1.6% | +15.3% | +107.8% |
| Aug 2013 | Oct 2013 | 9 | 5.0% | +11.1% | +106.1% |
| Dec 2013 | Dec 2013 | 1 | 1.0% | +17.7% | +103.6% |
| Dec 2013 | Feb 2014 | 6 | 3.2% | +22.9% | +101.7% |
| Mar 2020 | Apr 2020 | 4 | 8.0% | -5.0% | +18.6% |
| May 2020 | May 2020 | 1 | 2.0% | -4.0% | +15.6% |
| Jun 2020 | Feb 2022 | 90 | 26.4% | +0.5% | +19.8% |
| Mar 2022 | May 2022 | 10 | 12.6% | -6.6% | +21.3% |
| Jun 2022 | Nov 2024 | 127 | 21.4% | -14.5% | +22.4% |
| Dec 2024 | Feb 2025 | 9 | 7.4% | +23.1% | +42.7% |
| Jun 2025 | Jun 2025 | 4 | 0.9% | N/A | +39.0% |
| Jul 2025 | Aug 2025 | 1 | 0.2% | N/A | +38.3% |
| Average | 19 | — | +10.9% | — |
Frequently Asked Questions
Is NWN below its 200-week moving average?
No. Northwest Natural Holding Company (NWN) is currently 34.1% above its 200-week moving average of $39.41. It would need to fall to $39.41 to cross below the line.
What is NWN's 200-week moving average price?
Northwest Natural Holding Company's 200-week moving average is $39.41 as of 2026-05-01. 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 NWN drops below its 200-week moving average?
NWN has crossed below its 200-week moving average 29 times in our data. On average, buying at that moment produced a one-year return of +10.9%. These dips have historically been decent entry points. These episodes lasted 19 weeks on average.
Is NWN a good value right now?
Here's what our data says about NWN as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 73 (overbought). Free cash flow is currently negative. Return on equity is 7.9%. Price-to-book is 1.5x. This is not a buy or sell recommendation — always do your own research.
How does NWN compare to the S&P 500?
Over the past 33.3 years, $100 invested in NWN would have grown to $1093, compared to $2973 for the S&P 500. That's 7.4% annualized vs 10.7% for the index. NWN has underperformed the broader market over this period.
Does NWN pay a dividend?
Yes. Northwest Natural Holding Company currently pays a dividend yield of 373.00%.
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 2026-05-01