Northland Power Inc. (TSE:NPI - Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$16.91 and last traded at C$17.38, with a volume of 1836617 shares. The stock had previously closed at C$17.52.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on NPI shares. National Bankshares dropped their price target on Northland Power from C$35.00 to C$34.00 in a research note on Wednesday, January 15th. Raymond James upgraded Northland Power to a "moderate buy" rating in a research report on Friday, November 15th. Finally, CIBC reduced their price target on Northland Power from C$31.00 to C$29.00 in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, Northland Power has a consensus rating of "Moderate Buy" and a consensus target price of C$29.71.
Check Out Our Latest Report on NPI
Northland Power Price Performance
The business has a fifty day simple moving average of C$18.85 and a 200-day simple moving average of C$21.09. The stock has a market capitalization of C$4.41 billion, a P/E ratio of 71.38, a PEG ratio of 0.71 and a beta of 0.47. The company has a debt-to-equity ratio of 166.53, a quick ratio of 1.23 and a current ratio of 0.86.
Northland Power Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 7.01%. The ex-dividend date is Friday, January 31st. Northland Power's payout ratio is 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.
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