NatWest Group plc (NWG) Stock Price & Analysis
NatWest Group plc (NWG) closed at USD 16.99 on Thursday, October 22, 2026, down 2.30% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 17.39; the Oct 22, 2026 session ranged USD 16.87–17.25 on volume of 3,708,884 shares. Market capitalization is $67.27B, with a 52-week range of USD 13.76–19.42 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NWG.md
Key facts (NWG)
- 1 of 80 tracked superinvestors hold NWG (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.50 on a 1–5 scale) (4 analysts), mean target USD 21.91 (range 20.1–23.6).
- Total return with dividends: 1Y +24.1% vs S&P 500 +14.9%; 5Y +258.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-30, EPS estimate USD 0.51, revenue estimate $4.65B.
Superinvestors (SEC 13F-HR, Q2 2026) (NWG)
1 of 80 tracked investors hold NWG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 0.67% | $61.5M | Added +16.7% |
Analysts (NWG)
Consensus Buy (mean 1.50 on a 1–5 scale), 4 analysts; mean target USD 21.91 (low 20.1, high 23.6).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Barclays | Upgrade | Equal-Weight → Overweight |
Total return (dividends reinvested) (NWG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +24.1% | +258.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +24.2% | +29.0% |
| Volatility (annualized) | 31.4% | 33.0% |
| Max drawdown | -24.0% (Feb 2026→Mar 2026) | -39.3% (Jan 2023→Oct 2023) |
NWG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.51 | $0.52 | -0.3% | $4.65B | 1 |
| Next quarter (ends Dec 2026) | $0.47 | $0.51 | -7.4% | $4.68B | 1 |
| Current fiscal year (ends Dec 2026) | $1.92 | $1.89 | +1.5% | $18.12B | 1 |
| Next fiscal year (ends Dec 2027) | $2.16 | $2.10 | +2.7% | $19.63B | 1 |
NWG options: expected move
Options price a move of about ±8.8% (±$1.50) by Nov 20, 2026, which includes earnings on Oct 30, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 37.5% | ±8.8% |
| Dec 18, 2026 | 56 | 44.2% | ±14.3% |
| Feb 19, 2027 | 119 | 31.5% | ±14.7% |
| May 21, 2027 | 210 | 35.4% | ±22.2% |
30-day implied volatility 35.1% vs 27.7% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 16.99 |
|---|---|
| Change | ▼ 2.30% (down) |
| Previous Close | USD 17.39 |
| Open | USD 17.1 |
| Day Range | USD 16.87 – 17.25 |
| 52-Week Range | USD 13.76 – 19.42 |
| Volume | 3,708,884 shares |
| Market Cap | $67.27B |
| Exchange | NYQ |
Technical Analysis (NWG)
Nexqual's technical model rates NWG "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 36.95 (neutral) |
| vs SMA50 | Below (USD 18.21) |
| MACD | -0.3 (negative) |
Analyst Ratings (NWG)
Wall Street analysts rate NWG "Buy" based on 4 analysts, with a mean price target of USD 21.91 (range USD 20.1–23.6), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 21.91 |
| High Target | USD 23.6 |
| Low Target | USD 20.1 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (NWG)
| Next Earnings Date | 2026-10-30 |
|---|---|
| Revenue Estimate | $4.65B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.54 vs est 0.47 ▲ beat |
| 2026-03-31 | USD 0.49 vs est 0.45 ▲ beat |
| 2025-12-31 | USD 0.47 vs est 0.39 ▲ beat |
| 2025-09-30 | USD 0.53 vs est 0.53 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (NWG)
| Total Revenue | $16.81B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +14.50% |
| Gross Margin | +0.00% |
| Operating Margin | +53.05% |
| Profit Margin | +37.73% |
| ROE | +14.78% |
| Total Cash | $227.99B |
| Total Debt | $137.07B |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (NWG)
Nexqual rates NatWest Group plc's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Solid — Revenue +13% YoY (annual) |
|---|---|
| Profitability | Strong — Net margin 35% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: Commercial Banks, NEC) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: Commercial Banks, NEC) |
| Efficiency | Mixed — ROE 15%, ROA 0.9% |
Ownership (NWG)
| Insider Ownership | +0.00% |
|---|---|
| Institutional Ownership | +5.01% |
| Shares Outstanding | 3.96B |
| Float | 3.96B |
| Short % of Float | +0.06% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (NWG)
NatWest Group plc is led by John-Paul Thwaite, Group CEO & Executive Director, per Nexqual as of October 23, 2026 at 09:23 UTC.
| Group CEO & Executive Director | John-Paul Thwaite |
|---|---|
| Group CFO & Executive Director | Katie Murray CA |
| Director of Investor Relations | Claire Kane C.F.A. |
| Group Chief Marketing Officer | Margaret Jobling |
| Group Director of Strategy, Economics & Corporate Development | Peter John Norton |
Major Backers & Investors (NWG)
Notable institutional backers of NatWest Group plc include FMR, LLC, Capital International Investors, BNP Paribas Financial Markets, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 0.46% |
| Capital International Investors | 0.32% |
| BNP Paribas Financial Markets | 0.32% |
| Natixis Advisors, LLC | 0.32% |
| Jones Financial Companies, L.L.L.P. | 0.32% |
| Morgan Stanley | 0.26% |
| Bank of America Corporation | 0.2% |
| Goldman Sachs | 0.18% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| State Street | 0.25% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NU | Nu Holdings Ltd. | USD 14.73 | ▼ 2.13% |
| TFC | Truist Financial Corporation | USD 48.42 | ▲ 1.45% |
| DB | Deutsche Bank AG | USD 31.48 | ▼ 2.39% |
| LYG | Lloyds Banking Group Plc | USD 5.38 | ▼ 2% |
| PNC | PNC Financial Services Group, I | USD 225.53 | ▲ 1.18% |
| USB | U.S. Bancorp | USD 60.02 | ▲ 1.64% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
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