Northland Power Inc. (TSE:NPI - Free Report) - Cormark issued their Q1 2025 earnings per share (EPS) estimates for shares of Northland Power in a research report issued to clients and investors on Monday, April 28th. Cormark analyst N. Boychuk anticipates that the solar energy provider will earn $0.39 per share for the quarter. Cormark also issued estimates for Northland Power's FY2025 earnings at $0.54 EPS.
Several other brokerages have also weighed in on NPI. TD Securities increased their price objective on shares of 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. National Bankshares lowered their price target on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Scotiabank dropped their price target on Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. Raymond James dropped their price target on shares of Northland Power from C$30.00 to C$29.00 in a research report on Friday, February 28th. Finally, CIBC reduced their price objective on Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Northland Power presently has an average rating of "Moderate Buy" and a consensus target price of C$27.21.
Read Our Latest Report on NPI
Northland Power Stock Down 1.0 %
NPI traded down C$0.19 during trading on Tuesday, reaching C$18.28. 795,639 shares of the stock were exchanged, compared to its average volume of 1,043,437. The stock has a market cap of C$4.80 billion, a P/E ratio of -33.49, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The stock's 50 day moving average price is C$19.05 and its two-hundred day moving average price is C$19.00. Northland Power has a twelve month low of C$16.14 and a twelve month high of C$24.88. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17.
Northland Power Dividend Announcement
The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 6.56%. The ex-dividend date of this dividend was Monday, March 31st. Northland Power's payout ratio is currently -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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