Raymond James Lowers Earnings Estimates for Northland Power

Northland Power Inc. (TSE:NPI) – Raymond James dropped their FY2025 earnings per share estimates for Northland Power in a note issued to investors on Wednesday, May 14th. Raymond James analyst T. Genzebu now anticipates that the solar energy provider will post earnings per share of $1.27 for the year, down from their prior estimate of $1.45. Raymond James also issued estimates for Northland Power’s Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.40 EPS, Q3 2026 earnings at $0.39 EPS and FY2026 earnings at $1.99 EPS.

Several other equities analysts have also issued reports on NPI. Cormark lowered Northland Power from a “moderate buy” rating to a “hold” rating in a research report on Thursday. TD Securities raised 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 report on Friday, February 28th. CIBC dropped their price objective on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. National Bankshares dropped their price objective on shares of Northland Power from C$34.00 to C$32.00 and set an “outperform” rating on the stock in a report on Tuesday, February 11th. Finally, Scotiabank upgraded shares of Northland Power from a “hold” rating to a “strong-buy” rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$27.21.

Northland Power Price Performance

Shares of NPI opened at C$20.69 on Friday. The company has a debt-to-equity ratio of 181.28, a quick ratio of 1.23 and a current ratio of 1.17. The stock has a 50 day simple moving average of C$19.07 and a 200 day simple moving average of C$18.89. Northland Power has a 52-week low of C$16.14 and a 52-week high of C$24.88. The firm has a market capitalization of C$5.43 billion, a PE ratio of -37.90, a P/E/G ratio of 0.71 and a beta of 0.47.

Northland Power Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 5.80%. The ex-dividend date was Monday, March 31st. Northland Power’s payout ratio is -219.84%.

About Northland Power

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.