Northwest Natural Holding Co (STU:NN3) Shares Outstanding (Basic Average): 42 Mil (As of Mar. 2026)


STU:NN3 Northwest Natural Holding Co STU:NN3
70 GF Score
Price €43.68
GF Value €37.03
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Northwest Natural Holding Co Shares Outstanding (Basic Average)?

Northwest Natural Holding Co STU:NN3 +2.49% 70 Shares Outstanding (Basic Average) is 42 Mil as of Mar. 2026. GuruFocus rates STU:NN3 with a GF Score™ of 70/100 and a GF Value™ of €37.03 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Northwest Natural Holding Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 42 Mil.


Northwest Natural Holding Co  (STU:NN3) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Northwest Natural Holding Co Shares Outstanding (Basic Average) Related Terms


Northwest Natural Holding Co Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Northwest Natural Holding Co's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northwest Natural Holding Co Shares Outstanding (Basic Average) Chart

Northwest Natural Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.70 33.93 36.21 38.81 40.86

Northwest Natural Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.24 40.48 41.18 41.54 41.71
STU:NN3
70GF Score
Northwest Natural Holding Co STU:NN3
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Northwest Natural Holding Co Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 42 Mil mean?
Northwest Natural Holding Co (STU:NN3) has a Shares Outstanding (Basic Average) of 42 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Northwest Natural Holding Co and its competitors.
Is Northwest Natural Holding Co's Shares Outstanding (Basic Average) too high?
Northwest Natural Holding Co's current Shares Outstanding (Basic Average) is 42 Mil. Overall, Northwest Natural Holding Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northwest Natural Holding Co's Shares Outstanding (Basic Average) compare to SPH and CPK?
Northwest Natural Holding Co's Shares Outstanding (Basic Average) of 42 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Utilities - Regulated company?
A good Shares Outstanding (Basic Average) depends on the Utilities - Regulated industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Northwest Natural Holding Co and its competitors. Northwest Natural Holding Co's current Shares Outstanding (Basic Average) is 42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northwest Natural Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Northwest Natural Holding Co (STU:NN3) is currently considered Modestly Overvalued. The stock's GF Value™ is €37.03, compared to a current price of €43.68 — trading 18% above its estimated fair value. The current Shares Outstanding (Basic Average) is 42 Mil. Northwest Natural Holding Co's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Northwest Natural Holding Co (STU:NN3), the current Shares Outstanding (Basic Average) is 42 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northwest Natural Holding Co (STU:NN3) Overvalued in 2026?

Based on GuruFocus' analysis, Northwest Natural Holding Co stock appears to be overvalued. The current stock price of €43.68 is trading 18% above its estimated GF Value™ of €37.03. GuruFocus considers Northwest Natural Holding Co to be Modestly Overvalued.

Key valuation signals for STU:NN3:

  • Shares Outstanding (Basic Average): 42 Mil
  • GF Value™: €37.03 vs. price of €43.68 (18% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the STU:NN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northwest Natural Holding Co Business Description

Other Exchanges NWN:USANN3:Germany
Address 250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through which operates in Oregon and southwest Washington. The company operates in three reportable business segments, which are NWN Gas Utility, SiEnergy, and NWN Water. The company generates maximum revenue from NWN Gas Utility segment. It also generates revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
70GF Score

Get the complete analysis for STU:NN3

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€43.68
Price
€37.03
GF Value