Q1 EPS Estimates for Northland Power Lowered by Analyst

Northland Power Inc. (TSE:NPI) – Investment analysts at Atb Cap Markets cut their Q1 2025 earnings per share (EPS) estimates for Northland Power in a report issued on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the solar energy provider will post earnings per share of $0.42 for the quarter, down from their prior forecast of $0.52. Atb Cap Markets also issued estimates for Northland Power’s FY2025 earnings at $1.20 EPS.

NPI has been the topic of several other research reports. Scotiabank decreased their price target on Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. Cormark reduced their target price on shares of Northland Power from C$25.00 to C$23.50 in a research note on Thursday, January 30th. National Bankshares dropped their target price on shares of Northland Power from C$34.00 to C$32.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Raymond James reduced their price target on shares of Northland Power from C$30.00 to C$29.00 in a research report on Friday, February 28th. Finally, TD Securities upped their price objective on shares of Northland Power from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$27.21.

Northland Power Trading Up 1.3 %

Shares of NPI stock opened at C$18.86 on Friday. The firm has a fifty day moving average of C$18.98 and a 200-day moving average of C$19.20. The stock has a market cap of C$4.95 billion, a price-to-earnings ratio of -34.55, a P/E/G ratio of 0.71 and a beta of 0.47. Northland Power has a 52-week low of C$16.14 and a 52-week high of C$24.88. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17.

Northland Power Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date was Monday, March 31st. Northland Power’s dividend payout ratio is currently -219.84%.

Northland Power Company Profile

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company’s largest segment over the long term.