Northland Power (NPI) Set to Announce Quarterly Earnings on Thursday

Northland Power (TSE:NPI) is scheduled to announce its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of C$0.34 per share for the quarter.

Northland Power (TSE:NPI) opened at C$21.37 on Thursday. The firm has a market capitalization of $3,730.00, a price-to-earnings ratio of 14.06 and a beta of 0.15. Northland Power has a 1 year low of C$21.35 and a 1 year high of C$25.04.

In other news, insider Dino Gliosca sold 51,600 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of C$24.00, for a total transaction of C$1,238,400.00.

Several equities analysts have weighed in on NPI shares. TD Securities raised their price target on Northland Power from C$27.00 to C$28.00 and gave the stock an “action list buy” rating in a research report on Friday, November 10th. BMO Capital Markets set a C$25.00 price objective on Northland Power and gave the stock a “market perform” rating in a report on Friday, January 19th. Finally, National Bank Financial decreased their price objective on Northland Power from C$26.00 to C$25.00 and set an “outperform” rating on the stock in a report on Wednesday, February 7th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of C$26.42.

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Northland Power Company Profile

Northland Power Inc (Northland) is an independent power producer. The Company develops, finances, builds, owns and operates facilities in Canada and internationally that produce clean and green energy using natural gas, biomass, wind and solar technology. Northland segments include thermal; renewable; managed, which includes management and operations services for Kirkland Lake, Cochrane and Canadian Environmental Energy Corporation (CEEC); offshore wind, including Gemini and Nordsee, and other, which includes investment income and administration of Northland.

Earnings History for Northland Power (TSE:NPI)

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