Northland Power (TSE:NPI - Free Report) had its price target reduced by Raymond James Financial from C$29.00 to C$28.00 in a report issued on Friday,BayStreet.CA reports. They currently have an outperform rating on the solar energy provider's stock. Raymond James Financial also issued estimates for Northland Power's Q3 2025 earnings at $0.21 EPS, Q4 2026 earnings at $0.59 EPS and FY2026 earnings at $2.00 EPS.
NPI has been the subject of several other research reports. Cormark cut Northland Power from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. CIBC boosted their target price on Northland Power from C$28.00 to C$29.00 in a report on Monday, July 21st. National Bank Financial upgraded Northland Power to a "strong-buy" rating in a report on Sunday, June 8th. Finally, Scotiabank upgraded Northland Power from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from C$25.00 to C$26.00 in a report on Thursday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, Northland Power currently has an average rating of "Buy" and a consensus target price of C$27.08.
Check Out Our Latest Research Report on Northland Power
Northland Power Trading Down 0.9%
NPI traded down C$0.21 during midday trading on Friday, hitting C$22.15. The company's stock had a trading volume of 520,147 shares, compared to its average volume of 916,434. 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 firm has a market cap of C$5.81 billion, a P/E ratio of -40.58, a PEG ratio of 0.71 and a beta of 0.47. The firm has a 50-day moving average price of C$22.34 and a two-hundred day moving average price of C$20.20. Northland Power has a 52-week low of C$16.14 and a 52-week high of C$23.85.
Northland Power Announces Dividend
The business also recently declared a monthly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 15th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, July 31st. This represents a c) annualized dividend and a yield of 5.4%. Northland Power's payout ratio is -219.84%.
Northland Power Company Profile
(
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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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