Atb Cap Markets Cuts Earnings Estimates for Northland Power

Northland Power Inc. (TSE:NPI - Free Report) - Research analysts at Atb Cap Markets dropped their Q1 2025 earnings per share (EPS) estimates for Northland Power in a report issued on Thursday, February 27th. Atb Cap Markets analyst N. Heywood now anticipates that the solar energy provider will post earnings of $0.52 per share for the quarter, down from their prior forecast of $0.57. Atb Cap Markets also issued estimates for Northland Power's Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.26 EPS, Q1 2026 earnings at $0.69 EPS, Q2 2026 earnings at $0.31 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.60 EPS, FY2026 earnings at $1.88 EPS and FY2027 earnings at $2.02 EPS.

A number of other brokerages also recently commented on NPI. CIBC decreased their target price on Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. TD Securities lifted their target price on Northland Power from C$23.00 to C$24.00 and gave the company a "buy" rating in a research note on Friday, February 28th. Scotiabank decreased their target price on Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. Raymond James decreased their target price on Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. Finally, National Bankshares reduced their price objective on 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. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Northland Power has a consensus rating of "Moderate Buy" and a consensus target price of C$27.21.

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Northland Power Stock Performance

NPI stock traded up C$0.05 during midday trading on Monday, reaching C$19.30. The company had a trading volume of 1,175,214 shares, compared to its average volume of 1,186,805. The company has a quick ratio of 1.23, a current ratio of 1.17 and a debt-to-equity ratio of 181.28. The stock has a 50 day moving average price of C$17.94 and a 200 day moving average price of C$19.97. Northland Power has a fifty-two week low of C$16.14 and a fifty-two week high of C$24.88. The firm has a market capitalization of C$5.06 billion, a PE ratio of -35.36, a P/E/G ratio of 0.71 and a beta of 0.47.

Northland Power Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th were given a dividend of $0.10 per share. The ex-dividend date was Friday, January 31st. This represents a $1.20 annualized dividend and a dividend yield of 6.22%. Northland Power's dividend payout ratio is presently -219.84%.

About Northland Power

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.