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 stock has 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) released its quarterly earnings results on Thursday, November, 1st. The utilities provider reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.05) by $0.02. The utilities provider had revenue of $65.40 million for the quarter, compared to the consensus estimate of $83.30 million. Atlantic Power had a negative net margin of 6.61% and a negative return on equity of 120.15%. View Atlantic Power's earnings history.

2 brokerages have issued 1-year target prices for Atlantic Power's shares. Their forecasts range from $2.50 to $2.50. On average, they expect Atlantic Power's share 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.

Media coverage about AT stock has been trending extremely negative on Saturday, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Atlantic Power earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutAtlantic Power.

Atlantic Power saw a increase in short interest during 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 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 number of retail and institutional 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 bought 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]