Shares of Northland Power Inc. (TSE:NPI - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the five research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$27.21.
A number of research firms have recently commented on NPI. CIBC reduced their price objective on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday. Scotiabank cut their price target on shares of Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. TD Securities lifted their price target on shares of Northland Power from C$23.00 to C$24.00 and gave the company a "buy" rating in a report on Friday. National Bankshares cut their price target on Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a report on Tuesday, February 11th. Finally, Raymond James lowered their target price on Northland Power from C$30.00 to C$29.00 in a research note on Friday.
View Our Latest Analysis on Northland Power
Northland Power Stock Performance
Shares of TSE NPI traded down C$0.45 during trading hours on Friday, reaching C$19.42. The stock had a trading volume of 1,094,319 shares, compared to its average volume of 1,183,887. Northland Power has a twelve month low of C$16.14 and a twelve month high of C$24.88. The company has a debt-to-equity ratio of 181.28, a current ratio of 1.17 and a quick ratio of 1.23. The business's fifty day moving average is C$17.88 and its two-hundred day moving average is C$20.06. The company has a market cap of C$5.10 billion, a price-to-earnings ratio of -35.58, a PEG ratio of 0.71 and a beta of 0.47.
Northland Power Announces Dividend
The company also recently announced a monthly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th were given a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.18%. The ex-dividend date was Friday, January 31st. Northland Power's payout ratio is presently -219.84%.
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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