Northland Power Inc. (TSE:NPI - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$24.90.
Several analysts recently weighed in on NPI shares. National Bank Financial upped their price objective on Northland Power from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a research report on Friday, May 15th. TD Securities raised Northland Power from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 14th. ATB Cormark Capital Markets increased their target price on shares of Northland Power from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a report on Friday, August 14th. TD upgraded shares of Northland Power from a "hold" rating to a "buy" rating and set a C$25.00 price target on the stock in a research note on Friday, August 14th. Finally, Raymond James Financial lifted their price target on shares of Northland Power from C$25.50 to C$26.00 and gave the company an "outperform" rating in a report on Friday, May 15th.
Check Out Our Latest Stock Report on Northland Power
Northland Power Stock Down 0.5%
Shares of NPI opened at C$20.74 on Tuesday. Northland Power has a one year low of C$15.96 and a one year high of C$25.99. The company has a market cap of C$5.42 billion, a P/E ratio of -37.04, a P/E/G ratio of 0.71 and a beta of 0.88. The company has a debt-to-equity ratio of 164.38, a current ratio of 1.04 and a quick ratio of 1.23. The firm has a 50 day simple moving average of C$21.66 and a two-hundred day simple moving average of C$22.19.
Northland Power (TSE:NPI - Get Free Report) last released its earnings results on Thursday, August 13th. The solar energy provider reported C($0.24) earnings per share for the quarter. Northland Power had a negative return on equity of 3.46% and a negative net margin of 5.48%.The business had revenue of C$2.35 million for the quarter.
Northland Power Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th were given a $0.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 3.5%. Northland Power's dividend payout ratio (DPR) is currently -164.29%.
Northland Power Company Profile
(
Get Free Report)
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Northland Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northland Power wasn't on the list.
While Northland Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
