Shares of Northland Power Inc. (TSE:NPI - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$28.56.
Several research analysts have issued reports on NPI shares. Raymond James upgraded shares of Northland Power to a "moderate buy" rating in a research report on Friday, November 15th. Scotiabank decreased their target price on Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. Cormark reduced their target price on Northland Power from C$25.00 to C$23.50 in a report on Thursday, January 30th. CIBC dropped their price target on Northland Power from C$31.00 to C$29.00 in a research note on Wednesday, January 8th. Finally, National Bankshares reduced their price objective on shares of Northland Power from C$35.00 to C$34.00 in a research note on Wednesday, January 15th.
Check Out Our Latest Analysis on NPI
Northland Power Price Performance
Shares of TSE:NPI traded up C$0.05 during trading hours on Monday, hitting C$16.76. 810,172 shares of the company's stock traded hands, compared to its average volume of 1,173,350. The company's fifty day simple moving average is C$18.33 and its two-hundred day simple moving average is C$20.69. The company has a market cap of C$4.32 billion, a price-to-earnings ratio of 69.83, 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 quick ratio of 1.23 and a current ratio of 0.86. Northland Power has a 52 week low of C$16.14 and a 52 week high of C$24.88.
Northland Power Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.16%. The ex-dividend date of this dividend is Friday, January 31st. Northland Power's payout ratio is presently 500.00%.
Northland Power Company Profile
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Get Free ReportNorthland 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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