Northland Power Inc. (TSE:NPI - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$18.93 and traded as high as C$19.49. Northland Power shares last traded at C$19.26, with a volume of 661,809 shares.
Analysts Set New Price Targets
Several equities analysts recently issued reports on NPI shares. CIBC dropped their target price on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. National Bankshares dropped their price objective on Northland Power from C$34.00 to C$32.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 11th. TD Securities raised their target price on Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a research note on Friday, February 28th. Scotiabank lowered their target price on Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. Finally, Cormark cut their price target on Northland Power from C$25.00 to C$23.50 in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Northland Power currently has an average rating of "Moderate Buy" and a consensus target price of C$27.21.
View Our Latest Report on NPI
Northland Power Price Performance
The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. The stock's fifty day moving average is C$19.01 and its two-hundred day moving average is C$18.92. The company has a market cap of C$5.18 billion, a price-to-earnings ratio of -36.16, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.
Northland Power Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend was Monday, March 31st. Northland Power's dividend payout ratio is presently -219.84%.
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.
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