Shares of Northland Power Inc. (TSE:NPI - Get Free Report) have received a consensus rating of "Buy" from the six ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$27.08.
NPI has been the subject of a number of recent research reports. TD Securities boosted their target price on shares of Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a report on Friday, February 28th. Raymond James cut their price objective on shares of Northland Power from C$30.00 to C$29.00 in a research report on Friday, February 28th. Cormark lowered shares of Northland Power from a "moderate buy" rating to a "hold" rating in a research note on Thursday, May 15th. National Bank Financial raised shares of Northland Power to a "strong-buy" rating in a research report on Sunday. Finally, CIBC cut their price target on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th.
View Our Latest Analysis on NPI
Northland Power Stock Down 0.1%
Shares of TSE NPI traded down C$0.03 during mid-day trading on Friday, reaching C$21.13. 988,212 shares of the company were exchanged, compared to its average volume of 977,298. Northland Power has a 1 year low of C$16.14 and a 1 year high of C$24.88. The firm has a 50-day moving average of C$19.41 and a 200 day moving average of C$18.88. The stock has a market cap of C$5.54 billion, a price-to-earnings ratio of -38.71, a P/E/G ratio of 0.71 and a beta of 0.47. The company has a quick ratio of 1.23, a current ratio of 1.17 and a debt-to-equity ratio of 181.28.
Northland Power Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 5.68%. Northland Power's dividend payout ratio (DPR) is currently -219.84%.
Northland Power Company Profile
(
Get Free ReportNorthland 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.
See Also
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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
