Capital Power (CPX) Stock Price, News & Analysis

Company Overview

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. It also manages its related electricity and natural gas portfolios by undertaking trading and marketing activities. In addition, the company engages in the development of projects, which include approximately 213 MW of renewable generation capacity in Alberta and North Carolina, 512 MW of natural gas in Alberta, and approximately 350 MW of natural gas and battery energy storage systems in Ontario. Capital Power Corporation was founded in 1891 and is headquartered in Edmonton, Canada.

Key Stats

• Today's Range: C$62.00 to C$63.46
• 50-Day Range: C$50.07 to C$67.85
• 52-Week Range: C$33.90 to C$68.73
• Volume: 1.09 million shs
• Average Volume: 499,640 shs
• Market Capitalization: C$8.21 billion
• P/E Ratio: 12.50
• Dividend Yield: 4.13%
• Price Target: C$61.22
• Consensus Rating: Hold

Capital Power Stock Analysis - MarketRank™

Capital Power scored higher than 56% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Capital Power has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Capital Power has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Capital Power is 12.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Capital Power is 12.50, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 94.95.

Price to Earnings Growth Ratio

Capital Power has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Capital Power has a P/B Ratio of 2.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

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

Short Interest

There is no current short interest data available for CPX.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Capital Power is a leading dividend payer. It pays a dividend yield of 5.18%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Capital Power is 51.68%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CPX.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.54

News Sentiment

Capital Power has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Capital Power this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for CPX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

5 people have added Capital Power to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Capital Power insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$313,363.00 in company stock.

Percentage Held by Insiders

Only 0.17% of the stock of Capital Power is held by insiders.

Percentage Held by Institutions

Only 19.05% of the stock of Capital Power is held by institutions.

CPX Stock Analysis - Frequently Asked Questions

How have CPX shares performed this year?

Capital Power's stock was trading at C$37.84 on January 1st, 2024. Since then, CPX shares have increased by 66.9% and is now trading at C$63.15.
View the best growth stocks for 2024 here.

How were Capital Power's earnings last quarter?

Capital Power Co. (TSE:CPX) announced its earnings results on Wednesday, July, 26th. The company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.28 by $0.01. The company earned $201 million during the quarter, compared to analysts' expectations of $244.84 million. Capital Power had a trailing twelve-month return on equity of 19.49% and a net margin of 16.77%.

How do I buy shares of Capital Power?

Shares of CPX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Capital Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Capital Power investors own include Xtrackers California Municipal Bond ETF (CA), Enbridge (ENB), Bank of Nova Scotia (BNS), TELUS (T), BCE (BCE), Toronto-Dominion Bank (TD) and BlackRock (BLK).

Company Calendar

• Last Earnings: 7/26/2017
• Ex-Dividend for 10/31 Dividend: 9/30/2024
• Dividend Payable: 10/31/2024
• Today: 12/21/2024
• Ex-Dividend for 1/31 Dividend: 12/31/2024
• Dividend Payable: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Utilities
• Industry: Utilities - Independent Power Producers
• Sub-Industry: N/A
• Current Symbol: TSE:CPX
• CUSIP: N/A
• CIK: N/A
• Web: www.capitalpower.com
• Phone: +1-780-3925100
• Fax: N/A
• Employees: 737
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$61.22
• High Stock Price Target: C$70.00
• Low Stock Price Target: C$45.00
• Potential Upside/Downside: -3.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$5.05
• Trailing P/E Ratio: 12.50
• Forward P/E Ratio: 22.40
• P/E Growth: 0.91
• Net Income: C$613 million
• Net Margins: 16.77%
• Pretax Margin: N/A
• Return on Equity: 19.49%
• Return on Assets: 5.86%

Debt

• Debt-to-Equity Ratio: 133.46
• Current Ratio: 0.88
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: C$3.88 billion
• Price / Sales: 2.11
• Cash Flow: C$2.41 per share
• Price / Cash Flow: 26.22
• Book Value: C$25.20 per share
• Price / Book: 2.51

Miscellaneous

• Outstanding Shares: 129,940,000
• Free Float: N/A
• Market Cap: C$8.21 billion
• Optionable: Not Optionable
• Beta: 0.64