What is Capital Power's stock price target for 2024?

0 equities research analysts have issued 1 year price objectives for Capital Power's shares. Their CPXWF share price targets range from $41.00 to $44.00. On average, they expect the company's share price to reach $42.40 in the next year. This suggests a possible upside of 51.4% from the stock's current price. View analysts price targets for CPXWF or view top-rated stocks among Wall Street analysts .

How have CPXWF shares performed in 2023?

Capital Power's stock was trading at $34.7550 at the beginning of the year. Since then, CPXWF shares have decreased by 19.4% and is now trading at $28.00. View the best growth stocks for 2023 here .

Are investors shorting Capital Power?

Capital Power saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 472,400 shares, a decline of 6.2% from the October 31st total of 503,400 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 40.4 days. View Capital Power's Short Interest .

When is Capital Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our CPXWF earnings forecast .

Is Capital Power a good dividend stock?

Capital Power (OTCMKTS:CPXWF) pays an annual dividend of $1.29 per share and currently has a dividend yield of 5.33%. CPXWF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Capital Power?

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

Capital Power Stock Price, News & Analysis (OTCMKTS:CPXWF)

$28.00

+0.96 (+3.55%)

(As of 12/4/2023 ET)

Compare

Today's Range: $28.00
▼
$28.00
50-Day Range: $25.79
▼
$30.57
52-Week Range: $25.79
▼
$36.81

Volume: 262 shs
Average Volume: 8,493 shs
Market Capitalization: N/A

P/E Ratio: 29.78
Dividend Yield: 4.59%
Price Target: $42.40

Stock Analysis Analyst Forecasts Chart Headlines Insider Trades Short Interest

Capital Power MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 51.4% Upside
$42.40 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.35
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.56 out of 5 stars

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $42.40, Capital Power has a forecasted upside of 51.4% from its current price of $28.00.
Amount of Analyst Coverage
Capital Power has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Capital Power has a short interest ratio ("days to cover") of 40.4, which indicates bearish sentiment.
Change versus previous month
Short interest in Capital Power has recently decreased by 6.16%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Capital Power is a leading dividend payer. It pays a dividend yield of 5.33%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Capital Power does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Capital Power is 136.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CPXWF.

1.9

News and Social Media Coverage

News Sentiment
Capital Power has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Capital Power this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Capital Power insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 29.42% of the stock of Capital Power is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Capital Power is 29.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of Capital Power is 29.78, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 102.63.

See Top Rated MarketRank™ Stocks Here

About Capital Power Stock (OTCMKTS:CPXWF)

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts of power generation capacity at 29 facilities. It also manages its related electricity, natural gas, and emissions portfolios by undertaking trading and marketing activities. Capital Power Corporation was founded in 1891 and is headquartered in Edmonton, Canada.

CPXWF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CPXWF Stock News Headlines

December 1, 2023 | forbes.com

Soft Power: Building Relational Capital Over Position Power

November 29, 2023 | msn.com

Capital Power CEO sees no new Canadian gas-fired plants as regulations bite

December 5, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

November 29, 2023 | finance.yahoo.com

Capital Power announces C$850 million medium term notes offering

November 28, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - CPX.R

November 28, 2023 | finance.yahoo.com

Capital Power announces closing of $400 million subscription receipts offerings

November 21, 2023 | finance.yahoo.com

CORRECTED-Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)

November 20, 2023 | finance.yahoo.com

BlackRock Backs Capital Power in $1.1 Billion US Gas Plant Deal

December 5, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 15, 2023 | msn.com

Activist Investor ValueAct Capital Is Building a Stake in Disney (Report)

November 1, 2023 | msn.com

What to expect from Pinnacle West Capital's Q3 results?

November 1, 2023 | msn.com

Capital Power reports Q3 results

November 1, 2023 | markets.businessinsider.com

Capital Power earnings: here's what Wall Street expects

October 23, 2023 | msn.com

‘Growing pains’? The Capitals’ power play is a work in progress.

October 17, 2023 | msn.com

Crescent Capital BDC (CCAP) Registers a Bigger Fall Than the Market: Important Facts to Note

October 10, 2023 | finance.yahoo.com

Estimating The Fair Value Of Capital Power Corporation (TSE:CPX)

October 5, 2023 | finance.yahoo.com

Capital Power to release third quarter 2023 results and host analyst conference call on November 1

September 4, 2023 | msn.com

The power of human capital

August 24, 2023 | theglobeandmail.com

Closing Bell: Capital Power Corp Pref Ser 5 down on Wednesday (CPX-PR-E)

August 23, 2023 | theglobeandmail.com

Closing Bell: Capital Power Corp Pref Series 11 flat on Tuesday (CPX-PR-K)

August 22, 2023 | markets.businessinsider.com

Pinnacle West Capital To Get Push From 'Increasingly Constructive' Arizona Regulation: Analyst

August 22, 2023 | theglobeandmail.com

Closing Bell: Capital Power Corp Pref Series 11 flat on Monday (CPX-PR-K)

August 12, 2023 | theglobeandmail.com

Closing Bell: Capital Power Corp Pref Ser 5 down on Friday (CPX-PR-E)

August 10, 2023 | theglobeandmail.com

Closing Bell: Capital Power Corp Pref Ser 1 up on Wednesday (CPX-PR-A)

August 9, 2023 | markets.businessinsider.com

RBC Capital Keeps Their Buy Rating on PowerSchool (PWSC)

August 2, 2023 | finance.yahoo.com

Capital Power reports second quarter results and announces a 6% common share dividend increase

August 1, 2023 | finance.yahoo.com

Capital Power announces Board appointment and retirement

See More Headlines

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Company Calendar

Today: 12/05/2023
Next Earnings (Estimated): 2/27/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Utilities - Independent Power Producers
Sub-Industry: N/A
Sector: Utilities
Current Symbol: OTCMKTS:CPXWF
CUSIP: N/A
CIK: N/A
Web: www.capitalpower.com
Phone: (780) 392-5100
Fax: N/A
Employees: 737
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $42.40
High Stock Price Target: $44.00
Low Stock Price Target: $41.00
Potential Upside/Downside: +51.4%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 29.78
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Ms. Sandra Haskins (Age 64)
Senior VP of Finance & CFO
Comp: $672.17k
Mr. Bryan DeNeve (Age 58)
Senior VP & Chief Commercial Officer
Comp: $635.84k
Mr. Avik Dey (Age 45)
President & CEO
Mr. Steve Wollin
Senior Vice President of Operations
Ms. Jacquelyn Marie Pylypiuk (Age 54)
SVP of Technology and Chief People & Culture Officer
Comp: $195.49k
Mr. Randy Mah
Senior Manager of Investor Relations
Ms. Pauline McLean
SVP of External Relations & Chief Legal Officer
Mr. Steve Owens (Age 59)
Senior Vice President of Construction & Engineering
Mr. Jason Comandante
Senior VP & Head of Canada
Ms. May Wong
Senior VP of Strategy, Planning and Sustainability

Key Competitors

View All Competitors

CPXWF Stock Analysis - Frequently Asked Questions

What is Capital Power's stock price target for 2024?: 0 equities research analysts have issued 1 year price objectives for Capital Power's shares. Their CPXWF share price targets range from $41.00 to $44.00. On average, they expect the company's share price to reach $42.40 in the next year. This suggests a possible upside of 51.4% from the stock's current price.
View analysts price targets for CPXWF or view top-rated stocks among Wall Street analysts.
How have CPXWF shares performed in 2023?: Capital Power's stock was trading at $34.7550 at the beginning of the year. Since then, CPXWF shares have decreased by 19.4% and is now trading at $28.00.
View the best growth stocks for 2023 here.
Are investors shorting Capital Power?: Capital Power saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 472,400 shares, a decline of 6.2% from the October 31st total of 503,400 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is presently 40.4 days.
View Capital Power's Short Interest.
When is Capital Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our CPXWF earnings forecast.

Is Capital Power a good dividend stock?: Capital Power (OTCMKTS:CPXWF) pays an annual dividend of $1.29 per share and currently has a dividend yield of 5.33%. CPXWF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Capital Power?: Shares of CPXWF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (OTCMKTS:CPXWF) was last updated on 12/5/2023 by MarketBeat.com Staff

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