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National Bank Financial Forecasts Capital Power Q4 Earnings

Capital Power logo with Utilities background

Capital Power Co. (TSE:CPX - Free Report) - Stock analysts at National Bank Financial issued their Q4 2024 earnings estimates for shares of Capital Power in a report issued on Tuesday, January 28th. National Bank Financial analyst P. Kenny anticipates that the company will post earnings of $1.02 per share for the quarter. The consensus estimate for Capital Power's current full-year earnings is $2.82 per share.

Capital Power (TSE:CPX - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$1.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.96 by C$0.36. Capital Power had a net margin of 16.77% and a return on equity of 19.49%. During the same quarter in the previous year, the firm posted $2.26 EPS.

CPX has been the topic of a number of other reports. BMO Capital Markets increased their target price on Capital Power from C$56.00 to C$68.00 and gave the stock a "market perform" rating in a report on Wednesday, December 18th. National Bankshares lifted their price objective on shares of Capital Power from C$56.00 to C$65.00 and gave the company an "outperform" rating in a report on Wednesday, December 18th. Desjardins upped their target price on shares of Capital Power from C$66.00 to C$69.00 and gave the stock a "buy" rating in a report on Thursday. Royal Bank of Canada cut their price target on Capital Power from C$54.00 to C$53.00 and set a "sector perform" rating for the company in a research note on Thursday, October 31st. Finally, Atb Cap Markets downgraded Capital Power from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 30th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of C$63.33.

Read Our Latest Stock Analysis on Capital Power

Capital Power Stock Up 3.0 %

CPX stock traded up C$1.56 during trading on Thursday, reaching C$54.11. 893,756 shares of the stock were exchanged, compared to its average volume of 948,872. The company has a current ratio of 0.88, a quick ratio of 0.55 and a debt-to-equity ratio of 133.46. Capital Power has a twelve month low of C$33.90 and a twelve month high of C$68.73. The firm's 50 day moving average is C$61.53 and its 200 day moving average is C$52.34. The firm has a market cap of C$7.03 billion, a P/E ratio of 10.71, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64.

About Capital Power

(Get Free Report)

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.

See Also

Earnings History and Estimates for Capital Power (TSE:CPX)

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