Northland Power (TSE:NPI) Rating Increased to Strong-Buy at National Bank Financial

National Bank Financial upgraded shares of Northland Power (TSE:NPI - Free Report) to a strong-buy rating in a research report released on Sunday,Zacks.com reports. National Bank Financial also issued estimates for Northland Power's Q2 2025 earnings at $0.24 EPS, 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 analysts have also commented on the company. Cormark lowered Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. Raymond James decreased their price objective on Northland Power from C$30.00 to C$29.00 in a report on Friday, February 28th. CIBC decreased their price objective on Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. TD Securities increased their price target on Northland Power from C$23.00 to C$24.00 and gave the company a "buy" rating in a research report on Friday, February 28th. Finally, National Bankshares decreased their price target on Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of C$27.08.

Northland Power Trading Up 2.2%

Shares of NPI stock traded up C$0.47 during mid-day trading on Friday, hitting C$21.83. The company's stock had a trading volume of 1,293,627 shares, compared to its average volume of 982,767. The company has a market cap of C$5.73 billion, a PE ratio of -39.99, a P/E/G ratio of 0.71 and a beta of 0.47. 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 company's fifty day simple moving average is C$19.60 and its 200-day simple moving average is C$18.93. Northland Power has a 52 week low of C$16.14 and a 52 week high of C$24.74.

Northland Power Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 5.50%. Northland Power's dividend payout ratio is currently -219.84%.

Northland Power Company Profile

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.