Shares of Northland Power Inc. (TSE:NPI - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$16.91 and last traded at C$17.38, with a volume of 1836617 shares traded. The stock had previously closed at C$17.52.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on NPI shares. CIBC dropped their price objective on shares of Northland Power from C$31.00 to C$29.00 in a research report on Wednesday, January 8th. National Bankshares dropped their price objective on shares of Northland Power from C$35.00 to C$34.00 in a research report on Wednesday, January 15th. Scotiabank dropped their price objective on shares of Northland Power from C$28.00 to C$25.00 in a research report on Thursday. Cormark dropped their price objective on shares of Northland Power from C$25.00 to C$23.50 in a research report on Thursday. Finally, Raymond James raised shares of Northland Power to a "moderate buy" rating in a research report on Friday, November 15th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Northland Power currently has a consensus rating of "Moderate Buy" and an average price target of C$28.56.
Read Our Latest Analysis on NPI
Northland Power Stock Performance
The company has a debt-to-equity ratio of 166.53, a quick ratio of 1.23 and a current ratio of 0.86. The stock's fifty day moving average is C$18.72 and its two-hundred day moving average is C$21.00. The firm has a market cap of C$4.30 billion, a price-to-earnings ratio of 69.46, a PEG ratio of 0.71 and a beta of 0.47.
Northland Power Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th will be issued a $0.10 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.20%. Northland Power's dividend payout ratio (DPR) is presently 500.00%.
About Northland Power
(
Get Free Report)
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.
Featured Stories
Before you consider Northland Power, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northland Power wasn't on the list.
While Northland Power currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
