TSE:NPI

Northland Power (NPI) Stock Forecast, Price & News

C$29.12

-0.05 (-0.17%)

(As of 06/8/2023 ET)

Compare

Today's Range: C$28.83
▼
C$29.28
50-Day Range: C$28.63
▼
C$34.60
52-Week Range: C$27.20
▼
C$47.13

Volume: 590,428 shs
Average Volume: 794,090 shs
Market Capitalization: C$7.34 billion

P/E Ratio: 10.59
Dividend Yield: 4.12%
Price Target: C$44.45

Profile Analyst Ratings Chart Competitors Dividend Earnings Insider Trades Headlines Social Media

Northland Power MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 52.6% Upside
C$44.45 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

2.70 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Northland Power has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$44.45, Northland Power has a forecasted upside of 52.6% from its current price of C$29.12.
Amount of Analyst Coverage
Northland Power has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

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

2.5

Dividend Strength

Dividend Leadership
Northland Power is a leading dividend payer. It pays a dividend yield of 4.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Northland Power does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Northland Power is 43.64%. 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 NPI.

2.8

News and Social Media Coverage

News Sentiment
Northland Power has a news sentiment score of 1.00. 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 higher news sentiment than the 0.51 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Northland Power this week, compared to 3 articles on an average week.
Search Interest
11 people have searched for NPI on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Northland Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northland Power insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.13% of the stock of Northland Power is held by insiders.
Percentage Held by Institutions
42.75% of the stock of Northland Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Northland Power is 10.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northland Power is 10.59, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 97.41.
Price to Earnings Growth Ratio
Northland Power has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Northland Power has a P/B Ratio of 1.69. 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

About Northland Power (TSE:NPI) Stock

Northland Power Inc., an independent power producer, develops, builds, owns, and operates clean and green power projects in North America, Europe, Latin America, and Asia. The company produces electricity from renewable resources, such as wind, solar, or hydropower, as well as clean-burning natural gas and biomass for sale under power purchase agreements and other revenue arrangements. It owned or had an economic interest in 3.2 gigawatts of operating generating capacity. The company was founded in 1987 and is headquartered in Toronto, Canada.

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NPI Stock News Headlines

May 31, 2023 | finance.yahoo.com

Northland Power Announces Consideration of Green Corporate Bond Offering

May 29, 2023 | msn.com

3 Undervalued Dividend Stocks for May 2023

June 8, 2023 | Altimetry (Ad)

Surprising "Twist" Hands Biden Landslide Re-election?

This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.

May 29, 2023 | americanbankingnews.com

Northland Power Inc. (TSE:NPI) Declares Monthly Dividend of $0.10

May 27, 2023 | americanbankingnews.com

Northland Power Inc. (TSE:NPI) Receives C$44.95 Consensus PT from Analysts

May 26, 2023 | americanbankingnews.com

Royal Bank of Canada Upgrades Northland Power (TSE:NPI) to Outperform

May 25, 2023 | msn.com

TFSA Investors: 2 Safe Stocks to Supplement Your Income

May 25, 2023 | finance.yahoo.com

Northland Power Announces Sale of its 49 Per Cent Interest in the Nordseecluster Offshore Wind Projects to its Partner, RWE

June 8, 2023 | UNKNOWN (Ad)

Lithium Has Boomed And This American Stock Is Ready..

Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!

May 24, 2023 | msn.com

Northland Power upgraded to Outperform at RBC Capital

May 22, 2023 | fool.ca

Don’t Overlook These TSX Stocks That Are Trading Below Their Fair Value

May 22, 2023 | americanbankingnews.com

Northland Power (TSE:NPI) Price Target Raised to C$46.00

May 20, 2023 | americanbankingnews.com

Northland Power (TSE:NPI) Price Target Cut to C$42.50

May 17, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Announces Financial Close for the Oneida Energy Storage Project & S&P and Fitch BBB (Stable) Ratings Affirmed

May 17, 2023 | finance.yahoo.com

Northland Power Announces Financial Close for the Oneida Energy Storage Project & S&P and Fitch BBB (Stable) Ratings Affirmed

May 17, 2023 | americanbankingnews.com

FY2024 EPS Estimates for Northland Power Inc. (TSE:NPI) Increased by Analyst

May 17, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for Northland Power Inc. (TSE:NPI) Decreased by Analyst

May 16, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Northland Power Inc. Decreased by Analyst (TSE:NPI)

May 16, 2023 | americanbankingnews.com

Research Analysts Issue Forecasts for Northland Power Inc.'s Q2 2023 Earnings (TSE:NPI)

May 15, 2023 | msn.com

Northland Power Stock: Why We Just Bought Some

May 15, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of Northland Power Inc. (TSE:NPI)

May 14, 2023 | americanbankingnews.com

Brokers Offer Predictions for Northland Power Inc.'s Q4 2023 Earnings (TSE:NPI)

May 12, 2023 | theglobeandmail.com

Closing Bell: Northland Power Inc Pref Ser 2 flat on Friday (NPI-PR-B)

May 12, 2023 | msn.com

3 Big Movers After Earnings: Are These TSX Stocks Buys, Holds, or Sells?

May 9, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Reports First Quarter 2023 Results and Releases Its Annual Sustainability Report

May 9, 2023 | finance.yahoo.com

Northland Power Reports First Quarter 2023 Results and Releases Its Annual Sustainability Report

May 9, 2023 | americanbankingnews.com

Northland Power Inc. to Post Q1 2023 Earnings of $0.49 Per Share, Cormark Forecasts (TSE:NPI)

See More Headlines

NPI Price History

30 days | 90 days | 365 days | Advanced Chart

NPI Company Calendar

Ex-Dividend for 6/15 Dividend: 5/30/2023
Today: 6/08/2023
Dividend Payable: 6/15/2023
Ex-Dividend for 7/17 Dividend: 6/29/2023
Dividend Payable: 7/17/2023
Next Earnings (Estimated): 8/10/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Utilities - Independent Power Producers
Sub-Industry: N/A
Sector: Utilities
Current Symbol: TSE:NPI
CUSIP: N/A
CIK: N/A
Web: www.northlandpower.ca
Phone: +1-416-9626262
Fax: N/A
Employees: 1,150
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$44.45
High Stock Price Forecast: C$52.00
Low Stock Price Forecast: C$36.00
Forecasted Upside/Downside: +52.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.75
Trailing P/E Ratio: 10.59
Forward P/E Ratio: 22.13
P/E Growth: 0.71
Net Income: C$658.50 million
Net Margins: 28.14%
Pretax Margin: N/A
Return on Equity: 18.76%
Return on Assets: 4.34%

Debt

Debt-to-Equity Ratio: 150.94
Current Ratio: 1.09
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: C$2.38 billion
Price / Sales: 3.09
Cash Flow: C$5.03 per share
Price / Cash Flow: 5.79
Book Value: C$17.20 per share
Price / Book: 1.69

Miscellaneous

Outstanding Shares: 252,210,000
Free Float: N/A
Market Cap: C$7.34 billion
Optionable: Not Optionable
Beta: 0.39

Key Executives

Mr. Mike Crawley
Pres and Chief Exec. Officer

Ms. Pauline Alimchandani C.F.A. (Age 40)
Chief Financial Officer
Comp: $818.29k

Ms. Wendy Alexandra Franks Ph.D. (Age 48)
Exec. VP of Strategy & Investment Management
Comp: $706.7k

Mr. David Edward Povall
Exec. VP of Devel.

Mr. Adam Beaumont
Sr. Director of Corp. Fin.

Mr. Wassem Khalil
Sr. Director of Investor Relations & Strategy

Mr. Michael D. Shadbolt
VP & Gen. Counsel

Mr. David Timm
Sr. Director of Public Affairs

Susan Sperling
Director of Communications

Ms. Rachel Stephenson
Chief People Officer

Key Competitors

View All Competitors

Insiders

Eckhardt Guenter Ruemmler
Bought 186 shares on 6/30/2022
Total: C$7,075.68 ($38.04/share)

View All Insider Transactions

NPI Stock - Frequently Asked Questions

Should I buy or sell Northland Power stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NPI shares.
View NPI analyst ratings or view top-rated stocks.
What is Northland Power's stock price forecast for 2023?: 7 Wall Street research analysts have issued 1-year price objectives for Northland Power's stock. Their NPI share price forecasts range from C$36.00 to C$52.00. On average, they anticipate the company's stock price to reach C$44.45 in the next twelve months. This suggests a possible upside of 52.6% from the stock's current price.
View analysts price targets for NPI or view top-rated stocks among Wall Street analysts.
How have NPI shares performed in 2023?: Northland Power's stock was trading at C$37.13 at the beginning of the year. Since then, NPI stock has decreased by 21.6% and is now trading at C$29.12.
View the best growth stocks for 2023 here.
When is Northland Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our NPI earnings forecast.
How often does Northland Power pay dividends? What is the dividend yield for Northland Power?: Northland Power announced a monthly dividend on Monday, June 5th. Stockholders of record on Friday, June 30th will be paid a dividend of 0.10 per share on Monday, July 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for NPI.
Is Northland Power a good dividend stock?: Northland Power (TSE:NPI) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 4.05%. NPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NPI.

What other stocks do shareholders of Northland Power own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Northland Power investors own include Enbridge (ENB), Algonquin Power & Utilities (AQN), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Royal Bank of Canada (RY), Manulife Financial (MFC), Parkland (PKI), Toronto-Dominion Bank (TD), Brookfield Infrastructure Partners (BIP.UN) and BCE (BCE).
What is Northland Power's stock symbol?: Northland Power trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NPI."
How do I buy shares of Northland Power?: Shares of NPI 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.
What is Northland Power's stock price today?: One share of NPI stock can currently be purchased for approximately C$29.12.
How much money does Northland Power make?: Northland Power (TSE:NPI) has a market capitalization of C$7.34 billion and generates C$2.38 billion in revenue each year. The solar energy provider earns C$658.50 million in net income (profit) each year or C$2.75 on an earnings per share basis.
How many employees does Northland Power have?: The company employs 1,150 workers across the globe.
How can I contact Northland Power?: Northland Power's mailing address is 30 St Clair Ave W 12th Floor, TORONTO, ON M4V 3A1, Canada. The official website for the company is www.northlandpower.ca. The solar energy provider can be reached via phone at +1-416-9626262.

This page (TSE:NPI) was last updated on 6/9/2023 by MarketBeat.com Staff

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Northland Power (NPI) Stock Forecast, Price & News

Northland Power MarketRank™ Forecast

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 Northland Power (TSE:NPI) Stock

NPI Stock News Headlines

NPI Price History

NPI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

NPI Stock - Frequently Asked Questions

Overall MarketRank^™