NWE - NorthWestern estimates 3-6% EPS growth; dividend payout ratio of 60%-70%

In the Capital One Securities Energy Conference, NorthWestern Energy ([[NWE]] -0.4%) provided in-line guidance for FY20, sees EPS of $3.30-3.45 vs. $3.35 S&P Capital IQ Consensus and $3.35 as per analysts consensus estimates.For FY21, the company issues in-line guidance; EPS of $3.40-3.60 vs. $3.53 S&P Capital IQ Consensus and $3.53 as per analysts consensus estimates.The company targets dividend payout ratio of 60%-70% with dividend expected to be at the higher end of payout range; current forward yield of 4.61%.Liquidity target increased to $200M amid uncertain economic conditions in pandemic.For Q3, gross margin detriment of Covid-19 estimated to be $2-$3M.

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NorthWestern estimates 3-6% EPS growth; dividend payout ratio of 60%-70%