Northland Power Inc. (TSE:NPI - Get Free Report) announced a monthly dividend on Thursday, October 10th, Zacks reports. Investors of record on Thursday, October 31st will be paid a dividend of 0.10 per share by the solar energy provider on Friday, November 15th. This represents a $1.20 dividend on an annualized basis and a yield of 5.63%. The ex-dividend date is Thursday, October 31st.
Northland Power Stock Down 0.8 %
Shares of NPI stock traded down C$0.18 during mid-day trading on Friday, hitting C$21.33. 830,867 shares of the stock traded hands, compared to its average volume of 1,137,530. Northland Power has a 52-week low of C$19.36 and a 52-week high of C$25.36. The stock has a market cap of C$5.50 billion, a P/E ratio of 88.88, a P/E/G ratio of 0.71 and a beta of 0.47. The company has a debt-to-equity ratio of 166.53, a current ratio of 0.86 and a quick ratio of 1.23. The stock's fifty day moving average is C$22.20 and its two-hundred day moving average is C$22.68.
Northland Power (TSE:NPI - Get Free Report) last announced its earnings results on Wednesday, August 14th. The solar energy provider reported C$0.25 earnings per share for the quarter, beating the consensus estimate of C$0.17 by C$0.08. Northland Power had a net margin of 2.98% and a return on equity of 3.95%. The company had revenue of C$528.97 million during the quarter, compared to the consensus estimate of C$526.10 million.
Analyst Ratings Changes
Separately, National Bankshares increased their price target on Northland Power from C$34.00 to C$35.00 in a research note on Thursday, July 11th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$30.38.
Get Our Latest Stock Analysis on NPI
Northland Power Company Profile
(
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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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