Atb Cap Markets Forecasts Weaker Earnings for Capital Power

Capital Power Co. (TSE:CPX - Free Report) - Atb Cap Markets decreased their Q1 2025 earnings per share (EPS) estimates for Capital Power in a report released on Tuesday, November 26th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.84 per share for the quarter, down from their previous forecast of $0.85. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for Capital Power's current full-year earnings is $2.82 per share. Atb Cap Markets also issued estimates for Capital Power's Q2 2025 earnings at $1.00 EPS, Q4 2025 earnings at $0.84 EPS and FY2025 earnings at $4.01 EPS.

Several other research analysts have also recently issued reports on the stock. Desjardins increased their price target on shares of Capital Power from C$56.00 to C$60.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. CIBC upped their price target on shares of Capital Power from C$52.00 to C$54.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. ATB Capital raised their price objective on shares of Capital Power from C$55.00 to C$57.00 in a research note on Wednesday. BMO Capital Markets increased their target price on shares of Capital Power from C$47.00 to C$56.00 and gave the company a "market perform" rating in a report on Thursday, October 31st. Finally, Scotiabank raised shares of Capital Power from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from C$46.00 to C$60.00 in a research note on Thursday, October 31st. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Capital Power presently has a consensus rating of "Hold" and an average price target of C$55.33.

Capital Power Stock Performance

Capital Power stock traded down C$0.55 during trading hours on Thursday, reaching C$62.04. 176,682 shares of the stock were exchanged, compared to its average volume of 466,973. The stock has a market cap of C$8.06 billion, a P/E ratio of 12.39, a P/E/G ratio of 0.91 and a beta of 0.64. The firm's 50 day moving average is C$53.52 and its 200 day moving average is C$45.46. The company has a debt-to-equity ratio of 133.46, a quick ratio of 0.55 and a current ratio of 0.88. Capital Power has a 52-week low of C$33.90 and a 52-week high of C$64.39.

Capital Power Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a $0.652 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $2.61 annualized dividend and a dividend yield of 4.20%. Capital Power's dividend payout ratio is presently 51.68%.

Insider Activity at Capital Power

In other news, Senior Officer Bryan Deneve sold 6,100 shares of the firm's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$50.55, for a total value of C$308,355.00. Over the last three months, insiders sold 6,300 shares of company stock worth $317,981. 0.17% of the stock is owned by company insiders.

Capital Power Company Profile

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.