Should I buy or sell Northland Power stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NPI shares. View NPI analyst ratings or view top-rated stocks .

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

11 equities research analysts have issued 1-year price objectives for Northland Power's stock. Their NPI share price targets range from C$27.00 to C$52.00. On average, they expect the company's stock price to reach C$33.96 in the next year. This suggests a possible upside of 50.4% 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 shares have decreased by 39.2% and is now trading at C$22.58. 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, February 22nd 2024. View our NPI earnings forecast .

How were Northland Power's earnings last quarter?

Northland Power Inc. (TSE:NPI) released its earnings results on Thursday, November, 9th. The solar energy provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The solar energy provider had revenue of $513.29 million for the quarter, compared to analyst estimates of $491.40 million. Northland Power had a trailing twelve-month return on equity of 10.85% and a net margin of 17.32%.

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

Northland Power announced a monthly dividend on Monday, November 13th. Stockholders of record on Thursday, November 30th will be paid a dividend of 0.10 per share on Friday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend is Wednesday, November 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 5.54%. NPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable. 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) .

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 .

Northland Power Stock Price, News & Analysis (TSE:NPI)

C$22.58

0.00 (0.00%)

(As of 12/4/2023 ET)

Compare

Today's Range: C$22.37
▼
C$22.80
50-Day Range: C$19.49
▼
C$23.34
52-Week Range: C$19.36
▼
C$40.40

Volume: 878,792 shs
Average Volume: 883,268 shs
Market Capitalization: C$5.74 billion

P/E Ratio: 14.47
Dividend Yield: 5.31%
Price Target: C$33.96

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Northland Power MarketRank™ Stock Analysis

Analyst Rating: Buy
3.09 Rating Score
Upside/Downside: 50.4% Upside
C$33.96 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.45
Based on 3 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.

2.88 out of 5 stars

4.5

Analyst's Opinion

Consensus Rating
Northland Power has received a consensus rating of Buy. The company's average rating score is 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$33.96, Northland Power has a forecasted upside of 50.4% from its current price of C$22.58.
Amount of Analyst Coverage
Northland Power has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Leadership
Northland Power is a leading dividend payer. It pays a dividend yield of 5.54%, 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 76.92%. 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 NPI.

1.9

News and Social Media Coverage

News Sentiment
Northland Power has a news sentiment score of 0.45. 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 3 news articles for Northland Power this week, compared to 2 articles on an average week.
Search Interest
Only 12 people have searched for NPI on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Northland Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 0.10% of the stock of Northland Power is held by insiders.
Percentage Held by Institutions
42.53% 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 14.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northland Power is 14.47, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 102.48.
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 1.33. 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 Stock (TSE:NPI)

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.

NPI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NPI Stock News Headlines

November 29, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Announces Appointment of Ellen Smith to Its Board of Directors

November 29, 2023 | finance.yahoo.com

Northland Power Announces Appointment of Ellen Smith to Its Board of Directors

December 5, 2023 | Wealthpress (Ad)

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November 29, 2023 | msn.com

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November 5, 2023 | morningstar.com

Northland Power Inc NPI

October 10, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Announces Its Third Quarter 2023 Financial Results Release Date and Provides Investor Call and Webcast Details

October 10, 2023 | finance.yahoo.com

Northland Power Announces Its Third Quarter 2023 Financial Results Release Date and Provides Investor Call and Webcast Details

October 3, 2023 | finance.yahoo.com

Favourable Signals For Northland Power: Numerous Insiders Acquired Stock

December 5, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

September 28, 2023 | finance.yahoo.com

Northland Power Announces Financial Close of the 1.0 GW Hai Long Offshore Wind Project in Taiwan Financing and Date for Investor Presentation Conference Call

September 22, 2023 | theglobeandmail.com

Japan’s Mitsui, Canada’s Northland Power to build a one gigawatt offshore wind farm in Taiwan

September 21, 2023 | finance.yahoo.com

Northland Power Announces Signing of Credit Agreement for $5.0 Billion Project Financing at Hai Long Offshore Wind Project

September 20, 2023 | msn.com

Northland Power (TSE:NPI) Secures C$5.2B for Baltic Wind Project

September 19, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Announces Signing of Credit Agreement for $5.2 Billion Project Financing at Baltic Power Offshore Wind Project

September 14, 2023 | msn.com

Start Making Passive Income Immediately With This 4.91% Dividend Stock

August 21, 2023 | theglobeandmail.com

Northland Power: Top 25 Undervalued Toronto Stock Exchange Stocks (NPI)

August 19, 2023 | msn.com

4 Cheap Dividend Stocks to Boost Your Passive Income

August 12, 2023 | msn.com

TSX gains on energy, material stock boost

August 12, 2023 | uk.investing.com

Northland Power Inc Pref B (NPI_pb)

August 11, 2023 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.32%

August 11, 2023 | msn.com

Energy stocks lift TSX as US PPI data sparks concerns of sticky inflation

August 11, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Reports Second Quarter 2023 Results

August 11, 2023 | finance.yahoo.com

Northland Power Reports Second Quarter 2023 Results

August 9, 2023 | msn.com

Investing in Your Future: Top 3 Retirement Stocks for Tax-Savvy Canadians

August 6, 2023 | theglobeandmail.com

Closing Bell: Northland Power Pref Equity Inc flat on Wednesday (NPI-PR-A)

July 29, 2023 | theglobeandmail.com

Closing Bell: Northland Power Pref Equity Inc flat on Friday (NPI-PR-A)

July 27, 2023 | ca.finance.yahoo.com

3 Solar Stocks With Massive Upside Potential

See More Headlines

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Company Calendar

Ex-Dividend for 11/15 Dividend: 10/30/2023
Last Earnings: 11/09/2023
Dividend Payable: 11/15/2023
Ex-Dividend for 12/15 Dividend: 11/29/2023
Today: 12/04/2023
Dividend Payable: 12/15/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Utilities - Renewable
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 Target: C$33.96
High Stock Price Target: C$52.00
Low Stock Price Target: C$27.00
Potential Upside/Downside: +50.4%
Consensus Rating: Buy
Rating Score (0-4): 3.09
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.56
Trailing P/E Ratio: 14.47
Forward P/E Ratio: 17.84
P/E Growth: 0.71
Net Income: C$381.82 million
Net Margins: 17.32%
Pretax Margin: N/A
Return on Equity: 10.85%
Return on Assets: 3.41%

Debt

Debt-to-Equity Ratio: 167.47
Current Ratio: 0.91
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: C$2.25 billion
Price / Sales: 2.55
Cash Flow: C$3.90 per share
Price / Cash Flow: 5.79
Book Value: C$16.97 per share
Price / Book: 1.33

Miscellaneous

Outstanding Shares: 254,170,000
Free Float: N/A
Market Cap: C$5.74 billion
Optionable: Not Optionable
Beta: 0.43

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Key Executives

Mr. Mike Crawley
President and Chief Executive Officer
Ms. Pauline Alimchandani C.F.A. (Age 40)
Chief Financial Officer
Comp: $785.33k
Ms. Rachel Stephenson
Chief People Officer
Mr. David Edward Povall
Executive Vice President of Offshore Wind
Mr. Adam Beaumont
VP of Finance & Head of Capital Markets
Mr. Yonni Fushman
Chief Legal Officer & Executive VP of Sustainability
Mr. Nigel Slater
Managing Director of Development for Europe
Ms. Michelle Chislett
Executive Vice President of Onshore Renewables
Mr. Calvin MacCormack
Executive Vice President of Efficient Natural Gas & Utilities
Mr. Pierre-Emmanuel Frot
Executive Vice President of Project Management Office

Key Competitors

View All Competitors

NPI Stock Analysis - Frequently Asked Questions

Should I buy or sell Northland Power stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last year. There are currently 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NPI shares.
View NPI analyst ratings or view top-rated stocks.
What is Northland Power's stock price target for 2024?: 11 equities research analysts have issued 1-year price objectives for Northland Power's stock. Their NPI share price targets range from C$27.00 to C$52.00. On average, they expect the company's stock price to reach C$33.96 in the next year. This suggests a possible upside of 50.4% 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 shares have decreased by 39.2% and is now trading at C$22.58.
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, February 22nd 2024.
View our NPI earnings forecast.
How were Northland Power's earnings last quarter?: Northland Power Inc. (TSE:NPI) released its earnings results on Thursday, November, 9th. The solar energy provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The solar energy provider had revenue of $513.29 million for the quarter, compared to analyst estimates of $491.40 million. Northland Power had a trailing twelve-month return on equity of 10.85% and a net margin of 17.32%.

How often does Northland Power pay dividends? What is the dividend yield for Northland Power?: Northland Power announced a monthly dividend on Monday, November 13th. Stockholders of record on Thursday, November 30th will be paid a dividend of 0.10 per share on Friday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend is Wednesday, November 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 5.54%. NPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable.
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).
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.

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

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Northland Power Stock Price, News & Analysis (TSE:NPI)

Northland 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 Northland Power Stock (TSE:NPI)

NPI Stock Price History

NPI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

NPI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™