Northland Power Inc. (TSE:NPI - Get Free Report) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.10 per share by the solar energy provider on Tuesday, February 18th. This represents a $1.20 annualized dividend and a yield of 7.12%. The ex-dividend date is Friday, January 31st.
Northland Power Trading Down 1.6 %
NPI traded down C$0.28 during mid-day trading on Wednesday, hitting C$16.85. The stock had a trading volume of 1,172,982 shares, compared to its average volume of 1,135,166. Northland Power has a 1-year low of C$16.79 and a 1-year high of C$25.36. The firm has a market capitalization of C$4.34 billion, a price-to-earnings ratio of 70.21, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The company has a debt-to-equity ratio of 166.53, a current ratio of 0.86 and a quick ratio of 1.23. The stock's fifty day simple moving average is C$18.79 and its 200-day simple moving average is C$21.05.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on NPI shares. National Bankshares cut their price objective on Northland Power from C$35.00 to C$34.00 in a report on Wednesday, January 15th. Raymond James upgraded shares of Northland Power to a "moderate buy" rating in a report on Friday, November 15th. Finally, CIBC dropped their price objective on shares of Northland Power from C$31.00 to C$29.00 in a report on Wednesday, January 8th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$29.71.
Read Our Latest Stock Report on NPI
About Northland Power
(
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Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.
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