Northland Power Inc. (TSE:NPI - Free Report) - Equities research analysts at Cormark issued their Q1 2025 earnings estimates for Northland Power in a research note issued on Monday, April 28th. Cormark analyst N. Boychuk forecasts 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 analysts also recently issued reports on the company. Raymond James reduced their price target on Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. CIBC decreased their price target on shares of Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. National Bankshares dropped their price objective on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. Scotiabank decreased their target price on shares of Northland Power from C$28.00 to C$25.00 in a research report on Thursday, January 30th. Finally, TD Securities raised 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. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$27.21.
Check Out Our Latest Research Report on NPI
Northland Power Stock Performance
NPI stock traded down C$0.19 during mid-day trading on Tuesday, hitting C$18.28. 795,639 shares of the company were exchanged, compared to its average volume of 1,043,437. Northland Power has a 1-year low of C$16.14 and a 1-year high of C$24.88. The stock has a market capitalization of C$4.80 billion, a PE ratio of -33.49, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The business has a 50 day simple moving average of C$19.05 and a 200-day simple moving average of C$19.01. The company has a current ratio of 1.17, a quick ratio of 1.23 and a debt-to-equity ratio of 181.28.
Northland Power Announces Dividend
The company also recently declared a monthly dividend, which was paid on Tuesday, April 15th. Investors 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 6.56%. Northland Power's dividend payout ratio is -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.
Recommended Stories
Before you consider Northland Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northland Power wasn't on the list.
While Northland Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
