Northland Power Inc. (TSE:NPI - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$27.21.
A number of brokerages have recently commented on NPI. National Bankshares cut their target price on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 11th. Raymond James cut their price objective on Northland Power from C$30.00 to C$29.00 in a research report on Friday, February 28th. CIBC lowered their target price on Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. TD Securities boosted their price target on Northland Power from C$23.00 to C$24.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. Finally, Cormark reduced their target price on shares of Northland Power from C$25.00 to C$23.50 in a research report on Thursday, January 30th.
View Our Latest Report on NPI
Northland Power Trading Down 0.3 %
NPI stock traded down C$0.06 during trading on Friday, reaching C$18.62. 178,823 shares of the stock traded hands, compared to its average volume of 1,068,925. The firm has a market capitalization of C$4.89 billion, a PE ratio of -34.11, a P/E/G ratio of 0.71 and a beta of 0.47. 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 50 day moving average price is C$18.91 and its 200-day moving average price is C$19.23. Northland Power has a 52-week low of C$16.14 and a 52-week high of C$24.88.
Northland Power Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date of this dividend was Monday, March 31st. Northland Power's dividend payout ratio is presently -219.84%.
About Northland Power
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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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