Northland Power Inc. (TSE:NPI - Free Report) - Investment analysts at Cormark issued their Q3 2024 earnings per share estimates for Northland Power in a research report issued to clients and investors on Monday, October 21st. Cormark analyst N. Boychuk forecasts that the solar energy provider will post earnings per share of $0.05 for the quarter. Cormark also issued estimates for Northland Power's FY2024 earnings at $1.79 EPS.
Separately, National Bankshares lifted their price objective on shares of Northland Power from C$34.00 to C$35.00 in a research note on Thursday, July 11th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$30.14.
View Our Latest Report on NPI
Northland Power Stock Performance
Shares of TSE NPI traded down C$0.10 during trading hours on Wednesday, reaching C$22.25. The stock had a trading volume of 595,279 shares, compared to its average volume of 1,133,094. The firm has a market cap of C$5.73 billion, a price-to-earnings ratio of 92.71, a PEG ratio of 0.71 and a beta of 0.47. Northland Power has a fifty-two week low of C$19.36 and a fifty-two week high of C$25.36. The firm has a 50-day moving average of C$22.08 and a 200-day moving average of C$22.68. The company has a current ratio of 0.86, a quick ratio of 1.23 and a debt-to-equity ratio of 166.53.
Northland Power (TSE:NPI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The solar energy provider reported C$0.25 earnings per share for the quarter, topping the consensus estimate of C$0.17 by C$0.08. The business had revenue of C$528.97 million during the quarter, compared to the consensus estimate of C$526.10 million. Northland Power had a net margin of 2.98% and a return on equity of 3.95%.
Northland Power Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.39%. Northland Power's dividend payout ratio (DPR) is 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.
Recommended 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
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
