Northland Power Inc. (TSE:NPI - Free Report) - Analysts at Atb Cap Markets lowered their Q1 2025 earnings estimates for shares of Northland Power in a research report issued to clients and investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the solar energy provider will earn $0.42 per share for the quarter, down from their previous forecast of $0.52. Atb Cap Markets also issued estimates for Northland Power's FY2025 earnings at $1.20 EPS.
Several other research firms also recently weighed in on NPI. Raymond James reduced their price target on shares of Northland Power from C$30.00 to C$29.00 in a research report on Friday, February 28th. Cormark dropped their price target on Northland Power from C$25.00 to C$23.50 in a research report on Thursday, January 30th. TD Securities boosted their target price on Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a report on Friday, February 28th. CIBC cut their price target on Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. Finally, Scotiabank lowered their price objective on Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$27.21.
View Our Latest Report on Northland Power
Northland Power Price Performance
TSE NPI traded down C$0.03 on Friday, hitting C$18.73. The company had a trading volume of 215,698 shares, compared to its average volume of 1,043,582. The company has a debt-to-equity ratio of 181.28, a current ratio of 1.17 and a quick ratio of 1.23. The company has a market capitalization of C$4.91 billion, a PE ratio of -34.31, a PEG ratio of 0.71 and a beta of 0.47. Northland Power has a 12-month low of C$16.14 and a 12-month high of C$24.88. The company's fifty day moving average price is C$19.03 and its 200-day moving average price is C$19.10.
Northland Power Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date of this dividend was Monday, March 31st. Northland Power's payout ratio is -219.84%.
About Northland Power
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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.
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