Northland Power Inc. (TSE:NPI - Free Report) - Investment analysts at Raymond James lowered their Q1 2025 earnings estimates for Northland Power in a research note issued on Tuesday, April 29th. Raymond James analyst T. Genzebu now anticipates that the solar energy provider will post earnings per share of $0.47 for the quarter, down from their prior estimate of $0.52. Raymond James also issued estimates for Northland Power's Q1 2026 earnings at $0.61 EPS and Q2 2026 earnings at $0.39 EPS.
Several other research firms have also issued reports on NPI. National Bankshares reduced their price target on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th. Cormark lowered their price target on Northland Power from C$25.00 to C$23.50 in a report on Thursday, January 30th. CIBC reduced their price objective on Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. TD Securities increased their target price on shares of Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a report on Friday, February 28th. Finally, Scotiabank reduced their price target on shares of Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of C$27.21.
Check Out Our Latest Stock Analysis on NPI
Northland Power Price Performance
Shares of NPI traded up C$0.36 during trading hours on Friday, hitting C$18.77. 191,947 shares of the company were exchanged, compared to its average volume of 1,022,969. Northland Power has a fifty-two week low of C$16.14 and a fifty-two week high of C$24.88. The firm's fifty day moving average is C$19.03 and its 200 day moving average is C$18.99. The company has a quick ratio of 1.23, a current ratio of 1.17 and a debt-to-equity ratio of 181.28. The company has a market cap of C$4.92 billion, a price-to-earnings ratio of -34.39, a P/E/G ratio of 0.71 and a beta of 0.47.
Northland Power Announces Dividend
The company also recently declared a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, March 31st. This represents a $1.20 annualized dividend and a yield of 6.39%. 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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