TSE:NPINorthland Power Stock Price, Forecast & News

Northland Power's stock was trading at C$28.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NPI shares have increased by 21.0% and is now trading at C$34.37. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Northland Power.

Northland Power is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Northland Power.

Northland Power Inc. (TSE:NPI) posted its quarterly earnings results on Wednesday, May, 13th. The solar energy provider reported $0.70 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.18. The solar energy provider had revenue of $667.70 million for the quarter, compared to analyst estimates of $647 million. View Northland Power's earnings history.

Northland Power declared a monthly dividend on Monday, June 29th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.10 per share on Wednesday, July 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend is Monday, June 29th. View Northland Power's dividend history.

7 analysts have issued 12 month price targets for Northland Power's stock. Their forecasts range from C$33.00 to C$39.00. On average, they expect Northland Power's stock price to reach C$34.83 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price. View analysts' price targets for Northland Power.

Media headlines about NPI stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Northland Power earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news headlines about the solar energy provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Northland Power.

Some companies that are related to Northland Power include Brookfield Renewable Partners (BEP.UN), Meridian Energy (MEZ), Uniper (UN01), AGL Energy (AGL), Algonquin Power & Utilities (AQN), Mercury NZ (MCY), Contact Energy (CEN), TransAlta Renewables (RNW), Innergex Renewable Energy (INE), Infratil (IFT), Boralex (BLX), TransAlta (TA), Encavis (CAP), Contourglobal (GLO) and Drax Group (DRX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Northland Power investors own include Algonquin Power & Utilities (AQN), Enbridge (ENB), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Parkland Fuel (PKI), Toronto-Dominion Bank (TD), BCE (BCE), Pembina Pipeline (PPL), Inter Pipeline (IPL) and Brookfield Infrastructure Partners (BIP.UN).

Northland Power trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NPI."

Shares of NPI and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of NPI stock can currently be purchased for approximately C$34.37.

Northland Power has a market capitalization of C$6.93 billion and generates C$1.83 billion in revenue each year. Northland Power employs 363 workers across the globe.

The official website for Northland Power is www.northlandpower.ca.

Northland Power's mailing address is 30 St Clair Ave W 12th Floor, TORONTO, ON M4V 3A1, Canada. The solar energy provider can be reached via phone at +1-416-9626262.