Northland Power (TSE:NPI - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 13th. Analysts expect Northland Power to post earnings of C$0.13 per share for the quarter.
Northland Power (TSE:NPI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The solar energy provider reported C$0.25 EPS for the quarter, beating the consensus estimate of C$0.17 by C$0.08. The company had revenue of C$528.97 million for the quarter, compared to analyst estimates of C$526.10 million. Northland Power had a net margin of 2.98% and a return on equity of 3.95%.
Northland Power Stock Performance
Shares of TSE NPI traded down C$1.71 during trading on Wednesday, reaching C$19.78. 2,234,076 shares of the company traded hands, compared to its average volume of 1,126,407. Northland Power has a 12-month low of C$19.78 and a 12-month high of C$25.36. The stock has a market cap of C$5.10 billion, a P/E ratio of 89.54, a PEG ratio of 0.71 and a beta of 0.47. The firm's fifty day simple moving average is C$21.80 and its 200 day simple moving average is C$22.61. 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 Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 6.07%. The ex-dividend date of this dividend is Thursday, October 31st. Northland Power's dividend payout ratio is currently 500.00%.
Analyst Upgrades and Downgrades
Separately, National Bankshares lifted their price objective on shares of Northland Power from C$34.00 to C$35.00 in a report on Thursday, July 11th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$30.14.
Read Our Latest Stock Report on Northland Power
About Northland Power
(
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Northland 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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