Brokers Issue Forecasts for Northland Power Q2 Earnings

Northland Power Inc. (TSE:NPI - Free Report) - Analysts at National Bank Financial issued their Q2 2025 earnings estimates for Northland Power in a research note issued to investors on Sunday, June 8th. National Bank Financial analyst B. Sidhu forecasts that the solar energy provider will earn $0.24 per share for the quarter. National Bank Financial has a "Strong-Buy" rating on the stock. National Bank Financial also issued estimates for Northland Power's Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.25 EPS and FY2026 earnings at $1.88 EPS.

A number of other equities research analysts also recently issued reports on the company. TD Securities increased their price target on Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. Cormark lowered Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. CIBC decreased their price target on Northland Power from C$29.00 to C$28.00 in a research report on Friday, February 28th. Scotiabank raised shares of Northland Power from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from C$25.00 to C$26.00 in a research report on Thursday, May 22nd. Finally, Raymond James reduced their price objective on shares of Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$27.08.

Northland Power Stock Performance

Shares of TSE NPI traded up C$0.23 during trading hours on Wednesday, reaching C$21.36. 534,505 shares of the stock were exchanged, compared to its average volume of 980,016. The stock's fifty day simple moving average is C$19.52 and its 200 day simple moving average is C$18.91. The firm has a market capitalization of C$5.60 billion, a price-to-earnings ratio of -39.13, a P/E/G ratio of 0.71 and a beta of 0.47. Northland Power has a 52 week low of C$16.14 and a 52 week high of C$24.74. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17.

Northland Power Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 5.62%. The ex-dividend date of this dividend was Monday, March 31st. Northland Power's dividend payout ratio (DPR) is presently -219.84%.

About Northland Power

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.