Northland Power Inc. (TSE:NPI - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$16.34 and last traded at C$16.57, with a volume of 124890 shares traded. The stock had previously closed at C$17.01.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on NPI. Cormark dropped their price target on Northland Power from C$25.00 to C$23.50 in a research report on Thursday, January 30th. Scotiabank dropped their price objective on shares of Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. CIBC cut their target price on shares of Northland Power from C$31.00 to C$29.00 in a research report on Wednesday, January 8th. Raymond James raised shares of Northland Power to a "moderate buy" rating in a research report on Friday, November 15th. Finally, National Bankshares cut their price objective on shares of Northland Power from C$35.00 to C$34.00 in a report on Wednesday, January 15th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of C$28.56.
Read Our Latest Research Report on Northland Power
Northland Power Stock Up 0.3 %
The stock's fifty day moving average is C$18.39 and its two-hundred day moving average is C$20.75. The company has a current ratio of 0.86, a quick ratio of 1.23 and a debt-to-equity ratio of 166.53. The firm has a market cap of C$4.32 billion, a P/E ratio of 69.83, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.
Northland Power Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Tuesday, February 18th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.16%. Northland Power's dividend payout ratio (DPR) is presently 500.00%.
Northland Power Company Profile
(
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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