Northland Power Q1 EPS Estimate Reduced by Atb Cap Markets

Northland Power Inc. (TSE:NPI) – Atb Cap Markets decreased their Q1 2025 earnings estimates for shares of Northland Power in a research report issued to clients and investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now expects that the solar energy provider will earn $0.42 per share 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.

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

Northland Power Price Performance

NPI opened at C$18.62 on Friday. The company has a market capitalization of C$4.89 billion, a P/E ratio of -34.11, a PEG ratio of 0.71 and a beta of 0.47. The company has a 50-day moving average of C$18.94 and a 200-day moving average of C$19.23. 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 has a 1-year low of C$16.14 and a 1-year high of C$24.88.

Northland Power Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 6.44%. The ex-dividend date was Monday, March 31st. Northland Power’s dividend payout ratio is presently -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.