TSE:NPINorthland Power Stock Price, Forecast & News

Northland Power's stock was trading at C$28.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NPI stock has increased by 20.8% and is now trading at C$34.33. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last year. There are currently 1 hold rating 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 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.18. The solar energy provider earned $667.70 million during the quarter, compared to analysts' expectations of $647 million. View Northland Power's earnings history.

Northland Power declared a monthly dividend on Monday, June 29th. Shareholders 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 yield of 3.50%. The ex-dividend date of this dividend is Monday, June 29th. View Northland Power's dividend history.

6 analysts have issued 1 year target prices for Northland Power's stock. Their forecasts range from C$33.00 to C$36.00. On average, they expect Northland Power's share price to reach C$34.17 in the next year. This suggests that the stock has a possible downside of 0.5%. View analysts' price targets for Northland Power.

News stories about NPI stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northland Power earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the solar energy provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near 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), AGL Energy (AGL), Uniper (UN01), 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$34.33.

Northland Power has a market capitalization of C$6.92 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.