NYSE:ATAtlantic Power Stock Price, Forecast & News

Atlantic Power's stock was trading at $2.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AT shares have increased by 4.5% and is now trading at $2.10. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlantic Power in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Atlantic Power.

Atlantic Power is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Atlantic Power.

Atlantic Power Corp (NYSE:AT) posted its earnings results on Thursday, November, 1st. The utilities provider reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. The utilities provider earned $65.40 million during the quarter, compared to analyst estimates of $83.30 million. Atlantic Power had a negative return on equity of 120.15% and a negative net margin of 6.61%. View Atlantic Power's earnings history.

2 brokers have issued 1 year price objectives for Atlantic Power's stock. Their forecasts range from $2.50 to $2.50. On average, they anticipate Atlantic Power's stock price to reach $2.50 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View analysts' price targets for Atlantic Power.

News headlines about AT stock have been trending somewhat negative on Saturday, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Atlantic Power earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutAtlantic Power.

Atlantic Power saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 817,700 shares, an increase of 62.5% from the April 30th total of 503,300 shares. Based on an average daily trading volume, of 564,500 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.8% of the shares of the company are sold short. View Atlantic Power's Current Options Chain.

Some companies that are related to Atlantic Power include NRG Energy (NRG), AES (AES), Ormat Technologies (ORA), Genie Energy (GNE) and American DG Energy (ADGE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Atlantic Power investors own include Atlantic Power (ATP), Algonquin Power & Utilities (AQN), CEMATRIX (CVX), Advanced Micro Devices (AMD), AT&T (T), VAALCO Energy (EGY), Ford Motor (F), NY MTG TR INC/SH (NYMT), Plug Power (PLUG) and Zynga (ZNGA).

Atlantic Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "AT."

Atlantic Power's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (8.01%), Morgan Stanley (8.01%), JPMorgan Chase & Co. (5.79%), BlackRock Inc. (5.14%), Connor Clark & Lunn Investment Management Ltd. (2.09%) and State Street Corp (2.07%). Company insiders that own Atlantic Power stock include Gilbert Samuel Palter, Irving Russell Gerstein, James J Moore Jr, James Patrick D'angelo, Joseph Cofelice, Kevin Howell and Terrence Ronan. View institutional ownership trends for Atlantic Power.

AT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, First Quadrant L P CA, Russell Investments Group Ltd., JPMorgan Chase & Co., Mackay Shields LLC, Two Sigma Investments LP, and Dupont Capital Management Corp. View insider buying and selling activity for Atlantic Power.

AT stock was purchased by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Invesco Ltd., Los Angeles Capital Management & Equity Research Inc., Bank of New York Mellon Corp, Geode Capital Management LLC, Jane Street Group LLC, Mackenzie Financial Corp, and Citigroup Inc.. Company insiders that have bought Atlantic Power stock in the last two years include Gilbert Samuel Palter, Irving Russell Gerstein, James J Moore Jr, Joseph Cofelice, Kevin Howell, and Terrence Ronan. View insider buying and selling activity for Atlantic Power.

Shares of AT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AT stock can currently be purchased for approximately $2.10.

Atlantic Power has a market capitalization of $224.55 million and generates $281.60 million in revenue each year. The utilities provider earns $-42,600,000.00 in net income (profit) each year or $0.11 on an earnings per share basis.

The official website for Atlantic Power is www.atlanticpower.com.

Atlantic Power's mailing address is 3 ALLIED DRIVE SUITE 155, DEDHAM MA, 02026. The utilities provider can be reached via phone at 617-977-2400 or via email at [email protected]