Northland Power Inc. (TSE:NPI - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$30.14.
Separately, Raymond James upgraded Northland Power to a "moderate buy" rating in a research report on Friday, November 15th.
Read Our Latest Research Report on NPI
Northland Power Stock Up 0.1 %
NPI stock traded up C$0.01 during midday trading on Friday, hitting C$18.56. 1,231,991 shares of the company's stock were exchanged, compared to its average volume of 1,132,118. The firm has a 50 day moving average price of C$20.78 and a 200-day moving average price of C$22.26. Northland Power has a 12-month low of C$17.95 and a 12-month high of C$25.36. The stock has a market capitalization of C$4.78 billion, a price-to-earnings ratio of 77.33, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The company has a current ratio of 0.86, a quick ratio of 1.23 and a debt-to-equity ratio of 166.53.
Northland Power Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 16th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.20 annualized dividend and a yield of 6.47%. Northland Power's dividend payout ratio (DPR) is presently 500.00%.
About Northland Power
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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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