Atlantic Power (AT) Stock Price, News & Analysis

Company Overview

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. As of December 31, 2020, its portfolio consisted of twenty-one operating projects with an aggregate electric generating capacity of approximately 1,723 megawatts on a gross ownership basis and approximately 1,327 MW on a net ownership basis across eleven states in the United States and two provinces in Canada. The company sells its electricity to utilities and other customers. The company was incorporated in 2004 and is headquartered in Dedham, Massachusetts. As of May 14, 2021, Atlantic Power Corporation was taken private.

Key Stats

• Today's Range: $3.02 to $3.03
• 50-Day Range: $2.94 to $3.03
• 52-Week Range: $1.82 to $3.06
• Volume: 919,051 shs
• Average Volume: 1.54 million shs
• Market Capitalization: $271.19 million
• P/E Ratio: N/A
• Dividend Yield: 2.98%
• Price Target: N/A
• Consensus Rating: N/A

Atlantic Power Stock Analysis - MarketRank™

Atlantic Power scored higher than 20% of companies evaluated by MarketBeat, and ranked 84th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Atlantic Power.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 126.32%

Earnings Growth

Earnings for Atlantic Power are expected to grow by 126.32% in the coming year, from $0.19 to $0.43 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Atlantic Power is -10.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atlantic Power is -10.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Atlantic Power pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Atlantic Power does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Atlantic Power is 81.82%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Atlantic Power will have a dividend payout ratio of 20.93% next year. This indicates that Atlantic Power will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -4.12

Short Interest

There is no current short interest data available for AT.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

24 people have searched for AT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Atlantic Power insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.40% of the stock of Atlantic Power is held by insiders.

Percentage Held by Institutions

55.29% of the stock of Atlantic Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AT Stock Analysis - Frequently Asked Questions

How were Atlantic Power's earnings last quarter?

Atlantic Power Co. (NYSE:AT) posted its quarterly earnings data on Sunday, November, 15th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.16. The utilities provider earned $65.20 million during the quarter. Atlantic Power had a negative trailing twelve-month return on equity of 15.60% and a negative net margin of 8.26%.

What other stocks do shareholders of Atlantic Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Atlantic Power investors own include Atlantic Power (ATP), Algonquin Power & Utilities (AQN), Plug Power (PLUG), Meta Platforms (META), Advanced Micro Devices (AMD), Zynga (ZNGA) and CEMATRIX (CVX).

Company Calendar

• Last Earnings: 11/15/2020
• Today: 11/23/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric, Gas & Sanitary Services
• Sub-Industry: Independent Power Producers & Energy Traders
• Current Symbol: NYSE:AT
• CUSIP: 04878Q86
• CIK: 1419242
• Web: www.atlanticpower.com
• Phone: 617-977-2400
• Fax: N/A
• Employees: 261
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.11
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 15.89
• P/E Growth: N/A
• Net Income: $-42,600,000.00
• Net Margins: -8.26%
• Pretax Margin: N/A
• Return on Equity: -15.60%
• Return on Assets: 0.86%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.69
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $281.60 million
• Price / Sales: 0.96
• Cash Flow: $0.81 per share
• Price / Cash Flow: 3.72
• Book Value: ($0.41) per share
• Price / Book: -7.37

Miscellaneous

• Outstanding Shares: 89,798,000
• Free Float: N/A
• Market Cap: $271.19 million
• Optionable: Optionable
• Beta: 0.45