FY2025 EPS Estimates for Northland Power Cut by Analyst

Northland Power Inc. (TSE:NPI) – Equities research analysts at Cormark lowered their FY2025 earnings per share estimates for Northland Power in a report released on Thursday, January 23rd. Cormark analyst N. Boychuk now anticipates that the solar energy provider will earn $0.91 per share for the year, down from their prior estimate of $1.00.

Several other equities analysts also recently commented on NPI. National Bankshares lowered their target price on shares of Northland Power from C$35.00 to C$34.00 in a research report on Wednesday, January 15th. Raymond James raised Northland Power to a “moderate buy” rating in a research note on Friday, November 15th. Finally, CIBC decreased their target price on Northland Power from C$31.00 to C$29.00 in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Northland Power has an average rating of “Moderate Buy” and a consensus price target of C$29.71.

Northland Power Stock Performance

Shares of NPI opened at C$17.91 on Friday. 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 12 month low of C$17.65 and a 12 month high of C$25.36. The company’s fifty day moving average is C$18.97 and its 200-day moving average is C$21.18. The firm has a market cap of C$4.61 billion, a price-to-earnings ratio of 74.63, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.

Northland Power Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th will be paid a $0.10 dividend. The ex-dividend date is Friday, January 31st. This represents a $1.20 annualized dividend and a dividend yield of 6.70%. Northland Power’s payout ratio is 500.00%.

Northland Power Company Profile

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.