Analysts Set Expectations for Capital Power Q4 Earnings

Capital Power Co. (TSE:CPX - Free Report) - Stock analysts at National Bank Financial issued their Q4 2024 earnings estimates for Capital Power in a research report issued on Tuesday, January 28th. National Bank Financial analyst P. Kenny forecasts that the company will post earnings per share of $1.02 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 issued its quarterly earnings results on Wednesday, October 30th. The company reported C$1.32 earnings per share for the quarter, topping the consensus estimate of C$0.96 by C$0.36. Capital Power had a return on equity of 19.49% and a net margin of 16.77%. During the same period in the previous year, the business earned $2.26 EPS.

A number of other research analysts have also recently issued reports on the stock. CIBC lifted their price target on shares of Capital Power from C$54.00 to C$68.00 and gave the company a "neutral" rating in a research report on Monday, December 30th. ATB Capital lifted their target price on shares of Capital Power from C$57.00 to C$63.00 and gave the company a "sector perform" rating in a report on Wednesday, December 18th. Atb Cap Markets downgraded Capital Power from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 30th. Desjardins raised their price objective on Capital Power from C$66.00 to C$69.00 and gave the company a "buy" rating in a research report on Thursday. Finally, BMO Capital Markets boosted 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. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of C$63.33.

Capital Power Stock Down 1.7 %

Capital Power stock traded down C$0.91 on Thursday, hitting C$53.22. 1,019,344 shares of the stock traded hands, compared to its average volume of 961,826. Capital Power has a 1 year low of C$33.90 and a 1 year high of C$68.73. The firm has a market cap of C$6.92 billion, a P/E ratio of 10.54, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. The company has a current ratio of 0.88, a quick ratio of 0.55 and a debt-to-equity ratio of 133.46. The business's fifty day simple moving average is C$61.28 and its 200 day simple moving average is C$52.54.

About Capital Power

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.