Should I buy or sell Capital Power stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Capital Power in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPX, but not buy additional shares or sell existing shares. View CPX analyst ratings or view top-rated stocks .

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

10 Wall Street research analysts have issued 1 year price targets for Capital Power's shares. Their CPX share price targets range from C$40.00 to C$57.00. On average, they predict the company's share price to reach C$46.27 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View analysts price targets for CPX or view top-rated stocks among Wall Street analysts .

How have CPX shares performed in 2024?

Capital Power's stock was trading at C$37.84 at the beginning of the year. Since then, CPX stock has decreased by 4.9% and is now trading at C$35.97. View the best growth stocks for 2024 here .

When is Capital Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our CPX earnings forecast .

How were Capital Power's earnings last quarter?

Capital Power Co. (TSE:CPX) posted its quarterly earnings results on Wednesday, February, 28th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The company had revenue of $984 million for the quarter. Capital Power had a net margin of 18.29% and a trailing twelve-month return on equity of 26.11%.

How often does Capital Power pay dividends? What is the dividend yield for Capital Power?

Capital Power declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.615 per share on Tuesday, April 30th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for CPX .

Is Capital Power a good dividend stock?

Capital Power (TSE:CPX) pays an annual dividend of C$2.46 per share and currently has a dividend yield of 6.75%. CPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.73%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CPX .

What other stocks do shareholders of Capital Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Capital Power investors own include Xtrackers California Municipal Bond ETF (CA) , BlackRock (BLK) , Endologix (ELGX) , Athabasca Oil (ATH) , Chipotle Mexican Grill (CMG) , Enbridge (ENB) , NIC (EGOV) , Aegean Marine Petroleum Network (ANW) , Micron Technology (MU) and Precision Drilling (PD) .

How do I buy shares of Capital Power?

Shares of CPX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CPX

Capital Power (CPX) Stock Price, News & Analysis

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Free CPX Stock Alerts

C$35.87

-0.45 (-1.24%)

(As of 03:39 PM ET)

Compare

Today's Range: C$35.69
▼
C$36.44
50-Day Range: C$35.72
▼
C$39.15
52-Week Range: C$35.11
▼
C$46.73

Volume: 243,404 shs
Average Volume: 404,241 shs
Market Capitalization: C$4.53 billion

P/E Ratio: 5.94
Dividend Yield: 6.86%
Price Target: C$46.27

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Capital Power alerts:

Capital Power MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 28.6% Upside
C$46.27 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.38
Based on 4 Articles This Week
Insider Trading: Selling Shares
C$227,323 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
Capital Power has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Capital Power has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CPX.

2.5

Dividend Strength

Dividend Leadership
Capital Power is a leading dividend payer. It pays a dividend yield of 6.75%, 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 40.73%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

2.4

News and Social Media Coverage

News Sentiment
Capital Power has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Capital Power this week, compared to 1 article on an average week.
Search Interest
10 people have searched for CPX on MarketBeat in the last 30 days. This is an increase of 43% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Capital Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Capital Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$227,323.00 in company stock.
Percentage Held by Insiders
Only 0.17% of the stock of Capital Power is held by insiders.
Percentage Held by Institutions
Only 19.59% of the stock of Capital Power is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Capital Power is 5.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Capital Power is 5.96, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 77.39.
Price to Earnings Growth Ratio
Capital Power has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Capital Power has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Capital Power Stock (TSE:CPX)

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 (MW) of power generation capacity at 29 facilities. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company engages in the development of projects, which include approximately 213 MW of renewable generation capacity in Alberta and North Carolina, 512 MW of natural gas in Alberta, and approximately 350 MW of natural gas and battery energy storage systems in Ontario. Capital Power Corporation was founded in 1891 and is headquartered in Edmonton, Canada.

CPX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CPX Stock News Headlines

March 26, 2024 | insidertrades.com

Insider Selling: Capital Power Co. (TSE:CPX) Senior Officer Sells 5,209 Shares of Stock

March 16, 2024 | insidertrades.com

Bryan Deneve Sells 600 Shares of Capital Power Co. (TSE:CPX) Stock

April 16, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 14, 2024 | americanbankingnews.com

Capital Power Co. (TSE:CPX) Receives Consensus Rating of "Hold" from Brokerages

April 11, 2024 | msn.com

TSX Domination: The 6.71% Dividend Stock to Watch

April 10, 2024 | americanbankingnews.com

Capital Power (TSE:CPX) Share Price Crosses Below 200-Day Moving Average of $37.54

March 30, 2024 | seekingalpha.com

CPX.PR.C:CA Analysis

March 27, 2024 | seekingalpha.com

CPX:CA Capital Power Corporation

April 16, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

February 21, 2024 | msn.com

Coal PSUs achieve 95.83% target of capital expenditure for FY24

February 15, 2024 | ca.finance.yahoo.com

Capital Power Corporation (CPX-PK.TO)

January 31, 2024 | finance.yahoo.com

Capital Power to release fourth quarter 2023 results and 2023 Integrated Annual Report on February 28

January 31, 2024 | finance.yahoo.com

Capital Power to release fourth quarter 2023 results and 2023 Integrated Annual Report on February 28

January 15, 2024 | finance.yahoo.com

Capital Power and Ontario Power Generation partner to advance new nuclear in Alberta

January 4, 2024 | uk.investing.com

Capital Power Corporation (CPX)

December 10, 2023 | seekingalpha.com

Capital Power: 6.2% Yielder Reaches Attractive Entry Point

November 21, 2023 | reuters.com

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

November 21, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trade Resumption - CPX

November 20, 2023 | finance.yahoo.com

Canadian Investment Regulatory Organization Trading Halt - CPX

November 20, 2023 | finance.yahoo.com

Capital Power Announces Strategic Acquisition of Two Contracted Combined-Cycle U.S. Gas Generation Facilities and a $400 Million Subscription Receipts Offering

November 20, 2023 | finance.yahoo.com

Capital Power acquires two LNG-fired power plants in U.S. for $1.1 bln

November 1, 2023 | finanznachrichten.de

Capital Power Corporation: Capital Power Announces Third Quarter 2023 Results

October 20, 2023 | investing.com

Capital Power Corp (CPX_pk)

October 11, 2023 | markets.businessinsider.com

Scotiabank Initiates a Hold Rating on Capital Power (CPX)

October 10, 2023 | finance.yahoo.com

Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station

October 7, 2023 | msn.com

My 2 Favourite TSX Utility Stocks for October 2023

October 4, 2023 | theglobeandmail.com

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

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 12/28/2023
Dividend Payable: 1/31/2024
Last Earnings: 2/28/2024
Ex-Dividend for 4/30 Dividend: 3/27/2024
Today: 4/16/2024
Dividend Payable: 4/30/2024
Next Earnings (Confirmed): 5/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Utilities
Industry: Utilities - Independent Power Producers
Sub-Industry: N/A
Current Symbol: TSE:CPX
CUSIP: N/A
CIK: N/A
Web: www.capitalpower.com
Phone: +1-780-3925100
Fax: N/A
Employees: 737
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$46.27
High Stock Price Target: C$57.00
Low Stock Price Target: C$40.00
Potential Upside/Downside: +28.6%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$6.04
Trailing P/E Ratio: 5.96
Forward P/E Ratio: 11.41
P/E Growth: 0.91
Net Income: C$710 million
Net Margins: 18.29%
Pretax Margin: N/A
Return on Equity: 26.11%
Return on Assets: 6.18%

Debt

Debt-to-Equity Ratio: 153.08
Current Ratio: 1.29
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: C$4.07 billion
Price / Sales: 1.12
Cash Flow: C$1.37 per share
Price / Cash Flow: 26.22
Book Value: C$22.31 per share
Price / Book: 1.61

Miscellaneous

Outstanding Shares: 126,330,000
Free Float: N/A
Market Cap: C$4.54 billion
Optionable: Not Optionable
Beta: 0.57

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Key Executives

Mr. Avik Dey (Age 46)
President, CEO & Director
Comp: $1.99M
Ms. Sandra Haskins (Age 65)
Senior VP of Finance & CFO
Comp: $855.83k
Ms. Jacquelyn Marie Pylypiuk (Age 55)
SVP of Technology and Chief People & Culture Officer
Comp: $573.57k
Mr. Bryan DeNeve (Age 59)
Senior VP & Chief Commercial Officer
Comp: $822.35k
Mr. Jason Comandante
Senior VP & Head of Canada
Mr. Steve Wollin
Senior Vice President of Operations
Mr. Randy Mah
Senior Manager of Investor Relations
Ms. Pauline McLean
SVP of External Relations & Chief Legal Officer
Katherine Perron
Media Relations & Communications Manager
Ms. May Wong
Senior VP of Strategy, Planning and Sustainability

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CPX Stock Analysis - Frequently Asked Questions

Should I buy or sell Capital Power stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Capital Power in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CPX, but not buy additional shares or sell existing shares.
View CPX analyst ratings or view top-rated stocks.
What is Capital Power's stock price target for 2024?: 10 Wall Street research analysts have issued 1 year price targets for Capital Power's shares. Their CPX share price targets range from C$40.00 to C$57.00. On average, they predict the company's share price to reach C$46.27 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for CPX or view top-rated stocks among Wall Street analysts.
How have CPX shares performed in 2024?: Capital Power's stock was trading at C$37.84 at the beginning of the year. Since then, CPX stock has decreased by 4.9% and is now trading at C$35.97.
View the best growth stocks for 2024 here.
When is Capital Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CPX earnings forecast.
How were Capital Power's earnings last quarter?: Capital Power Co. (TSE:CPX) posted its quarterly earnings results on Wednesday, February, 28th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.72 by $0.02. The company had revenue of $984 million for the quarter. Capital Power had a net margin of 18.29% and a trailing twelve-month return on equity of 26.11%.

How often does Capital Power pay dividends? What is the dividend yield for Capital Power?: Capital Power declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.615 per share on Tuesday, April 30th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for CPX.
Is Capital Power a good dividend stock?: Capital Power (TSE:CPX) pays an annual dividend of C$2.46 per share and currently has a dividend yield of 6.75%. CPX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.73%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CPX.
What other stocks do shareholders of Capital Power own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Capital Power investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Enbridge (ENB), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Micron Technology (MU) and Precision Drilling (PD).
How do I buy shares of Capital Power?: Shares of CPX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CPX) was last updated on 4/16/2024 by MarketBeat.com Staff

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Capital Power (CPX) Stock Price, News & Analysis

Capital Power MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Capital Power Stock (TSE:CPX)

CPX Stock Price History

CPX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CPX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™