Northland Power Inc. (TSE:NPI - Free Report) - Equities research analysts at Atb Cap Markets lowered their Q1 2025 EPS estimates for Northland Power in a research note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the solar energy provider will post earnings per share of $0.42 for the quarter, down from their previous forecast of $0.52. Atb Cap Markets also issued estimates for Northland Power's FY2025 earnings at $1.20 EPS.
Several other brokerages also recently issued reports on NPI. Scotiabank cut their price objective on shares of Northland Power from C$28.00 to C$25.00 in a research report on Thursday, January 30th. National Bankshares dropped their price target on shares of Northland Power from C$34.00 to C$32.00 and set an "outperform" rating for the company in a research report on Tuesday, February 11th. Raymond James dropped their price target on shares of Northland Power from C$30.00 to C$29.00 in a research report on Friday, February 28th. Cormark dropped their price target on shares of Northland Power from C$25.00 to C$23.50 in a research report on Thursday, January 30th. Finally, CIBC dropped their price target on shares of Northland Power from C$29.00 to C$28.00 in a research report on Friday, February 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of C$27.21.
Get Our Latest Stock Analysis on Northland Power
Northland Power Stock Performance
NPI stock traded up C$0.13 during mid-day trading on Friday, hitting C$18.99. 467,925 shares of the company were exchanged, compared to its average volume of 1,062,169. The business has a 50 day simple moving average of C$18.98 and a 200-day simple moving average of C$19.15. The company has a current ratio of 1.17, a quick ratio of 1.23 and a debt-to-equity ratio of 181.28. The stock has a market capitalization of C$4.98 billion, a PE ratio of -34.79, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47. Northland Power has a 1-year low of C$16.14 and a 1-year high of C$24.88.
Northland Power Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.10 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.20 dividend on an annualized basis and a yield of 6.32%. Northland Power's dividend payout ratio (DPR) is -219.84%.
About Northland Power
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Northland 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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