Northland Power Inc. (TSE:NPI - Get Free Report) Director Eckhardt Guenter Ruemmler purchased 810 shares of the firm's stock in a transaction on Friday, March 28th. The stock was acquired at an average cost of C$20.04 per share, with a total value of C$16,228.65.
Eckhardt Guenter Ruemmler also recently made the following trade(s):
- On Monday, December 30th, Eckhardt Guenter Ruemmler acquired 820 shares of Northland Power stock. The shares were bought at an average cost of C$17.99 per share, for a total transaction of C$14,747.70.
Northland Power Stock Performance
NPI stock traded down C$0.10 on Tuesday, hitting C$19.57. The company's stock had a trading volume of 787,398 shares, compared to its average volume of 1,152,221. The firm has a 50 day moving average of C$18.35 and a two-hundred day moving average of C$19.66. The company has a current ratio of 1.17, a quick ratio of 1.23 and a debt-to-equity ratio of 181.28. The stock has a market cap of C$5.13 billion, a price-to-earnings ratio of -35.85, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. Northland Power Inc. has a 1 year low of C$16.14 and a 1 year high of C$24.88.
Northland Power Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, March 31st. This represents a $1.20 annualized dividend and a dividend yield of 6.13%. Northland Power's dividend payout ratio (DPR) is -219.84%.
Wall Street Analyst Weigh In
NPI has been the subject of a number of research analyst reports. Scotiabank lowered their price target on Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. TD Securities increased their price target on Northland Power from C$23.00 to C$24.00 and gave the company a "buy" rating in a research note on Friday, February 28th. CIBC reduced their price objective on Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. Cormark dropped their target price on shares of Northland Power from C$25.00 to C$23.50 in a report on Thursday, January 30th. Finally, National Bankshares reduced their price objective on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Northland Power presently has an average rating of "Moderate Buy" and a consensus target price of C$27.21.
Read Our Latest Report on Northland Power
About Northland Power
(
Get Free Report)
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term.
See Also
Before you consider Northland Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northland Power wasn't on the list.
While Northland Power currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
