Capital Power Co. (TSE:CPX - Free Report) - Atb Cap Markets boosted their FY2024 EPS estimates for shares of Capital Power in a report issued on Wednesday, October 30th. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $4.54 for the year, up from their previous forecast of $4.16. Atb Cap Markets currently has a "Hold" rating on the stock. The consensus estimate for Capital Power's current full-year earnings is $2.82 per share. Atb Cap Markets also issued estimates for Capital Power's Q4 2024 earnings at $1.14 EPS, Q3 2025 earnings at $1.34 EPS and FY2025 earnings at $4.10 EPS.
CPX has been the topic of a number of other research reports. Royal Bank of Canada reduced their price target on Capital Power from C$54.00 to C$53.00 and set a "sector perform" rating on the stock in a research note on Thursday. ATB Capital increased their target price on Capital Power from C$52.00 to C$55.00 and gave the stock a "sector perform" rating in a research report on Thursday. Desjardins lifted their price target on Capital Power from C$56.00 to C$60.00 and gave the company a "buy" rating in a report on Thursday. National Bankshares increased their price objective on shares of Capital Power from C$47.00 to C$56.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, TD Securities boosted their target price on shares of Capital Power from C$48.00 to C$57.00 and gave the company a "buy" rating in a report on Tuesday, October 29th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of C$55.11.
Get Our Latest Research Report on Capital Power
Capital Power Trading Up 0.7 %
Shares of CPX traded up C$0.36 on Monday, hitting C$55.66. 400,535 shares of the stock traded hands, compared to its average volume of 468,968. Capital Power has a 1 year low of C$33.90 and a 1 year high of C$56.82. The stock's 50 day moving average is C$48.54 and its two-hundred day moving average is C$42.57. The firm has a market capitalization of C$7.23 billion, a P/E ratio of 11.01, a P/E/G ratio of 0.91 and a beta of 0.64. The company has a quick ratio of 0.55, a current ratio of 0.88 and a debt-to-equity ratio of 133.46.
Capital Power Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be given a $0.652 dividend. This represents a $2.61 annualized dividend and a dividend yield of 4.69%. The ex-dividend date is Tuesday, December 31st. Capital Power's payout ratio is currently 51.68%.
Insider Activity
In other Capital Power news, Senior Officer Bryan Deneve sold 6,100 shares of the business's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$50.55, for a total transaction of C$308,355.00. In the last 90 days, insiders have sold 6,400 shares of company stock valued at $322,274. Company insiders own 0.17% of the company's stock.
About Capital Power
(
Get Free Report)
Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.
Featured Articles
Before you consider Capital 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 Capital Power wasn't on the list.
While Capital Power currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for December 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.