Shares of Northland Power Inc. (TSE:NPI - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the five brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$27.21.
Several equities research analysts have commented on the company. TD Securities boosted their price objective on Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a research note on Friday, February 28th. Scotiabank dropped their target price on shares of Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. CIBC decreased their price target on shares of Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. Raymond James dropped their price objective on shares of Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. Finally, National Bankshares lowered their target price on Northland Power from C$34.00 to C$32.00 and set an "outperform" rating on the stock in a report on Tuesday, February 11th.
Get Our Latest Analysis on Northland Power
Northland Power Price Performance
Northland Power stock traded up C$0.51 during trading on Tuesday, reaching C$19.91. The company had a trading volume of 814,362 shares, compared to its average volume of 1,181,792. The firm has a market capitalization of C$5.22 billion, a PE ratio of -36.48, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. The firm's 50-day simple moving average is C$18.25 and its 200 day simple moving average is C$19.69. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. Northland Power 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 announced a monthly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.10 per share. The ex-dividend date was Friday, January 31st. This represents a $1.20 annualized dividend and a yield of 6.03%. Northland Power's dividend payout ratio (DPR) is -219.84%.
Northland Power Company Profile
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Get Free ReportNorthland 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.
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