Northland Power Inc. (TSE:NPI - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$20.46 and traded as high as C$22.35. Northland Power shares last traded at C$22.25, with a volume of 586,977 shares traded.
Wall Street Analyst Weigh In
A number of research firms have commented on NPI. CIBC lifted their target price on shares of Northland Power from C$28.00 to C$29.00 in a report on Monday, July 21st. Raymond James Financial lowered their target price on shares of Northland Power from C$29.00 to C$28.00 and set an "outperform" rating for the company in a report on Friday, August 15th. Cormark lowered shares of Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. Scotiabank raised shares of Northland Power from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from C$25.00 to C$26.00 in a report on Thursday, May 22nd. Finally, National Bank Financial raised shares of Northland Power to a "strong-buy" rating in a report on Sunday, June 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$27.08.
Check Out Our Latest Report on Northland Power
Northland Power Stock Performance
The stock has a market capitalization of C$5.85 billion, a price-to-earnings ratio of -106.52, a price-to-earnings-growth ratio of 0.71 and a beta of 0.83. The company has a current ratio of 1.17, a quick ratio of 1.23 and a debt-to-equity ratio of 181.28. The stock's 50 day moving average is C$22.46 and its two-hundred day moving average is C$20.60.
Northland Power Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 15th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, July 31st. This represents a c) dividend on an annualized basis and a yield of 5.4%. Northland Power's dividend payout ratio is presently -571.43%.
About Northland Power
(
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.
Featured Stories
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
