Northland Power Inc. (TSE:NPI - Free Report) - Equities researchers at Cormark upped their FY2025 EPS estimates for Northland Power in a research note issued on Monday, October 21st. Cormark analyst N. Boychuk now forecasts that the solar energy provider will earn $1.14 per share for the year, up from their previous estimate of $0.89.
Separately, National Bankshares boosted their target price on Northland Power from C$34.00 to C$35.00 in a research report on Thursday, July 11th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$30.14.
Get Our Latest Stock Report on Northland Power
Northland Power Price Performance
The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 166.53. Northland Power has a one year low of C$19.36 and a one year high of C$25.36. The stock has a market capitalization of C$5.63 billion, a PE ratio of 92.71, a P/E/G ratio of 0.71 and a beta of 0.47. The business has a fifty day simple moving average of C$22.06 and a two-hundred day simple moving average of C$22.68.
Northland Power (TSE:NPI - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The solar energy provider reported C$0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.17 by C$0.08. Northland Power had a return on equity of 3.95% and a net margin of 2.98%. The business had revenue of C$528.97 million for the quarter, compared to analysts' expectations of C$526.10 million.
Northland Power Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, October 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of ∞. Northland Power's dividend payout ratio is currently 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.
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
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
