FY2025 EPS Estimates for Northland Power Raised by Analyst

Northland Power Inc. (TSE:NPI) – Investment analysts at Cormark boosted their FY2025 earnings per share estimates for shares of Northland Power in a report released on Monday, October 21st. Cormark analyst N. Boychuk now expects that the solar energy provider will post earnings per share of $1.14 for the year, up from their prior estimate of $0.89.

Separately, National Bankshares boosted their target price on shares of Northland Power from C$34.00 to C$35.00 in a research note on Thursday, July 11th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Northland Power has an average rating of “Moderate Buy” and a consensus target price of C$30.14.

Northland Power Stock Down 0.4 %

NPI opened at C$22.25 on Thursday. The stock has a market capitalization of C$5.73 billion, a price-to-earnings ratio of 92.71, a PEG ratio of 0.71 and a beta of 0.47. The firm has a 50 day moving average price of C$22.06 and a 200-day moving average price of C$22.68. Northland Power has a twelve month low of C$19.36 and a twelve month high of C$25.36. 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 (TSE:NPI) last issued its earnings results on Wednesday, August 14th. The solar energy provider reported C$0.25 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.17 by C$0.08. The business had revenue of C$528.97 million during the quarter, compared to analyst estimates of C$526.10 million. Northland Power had a return on equity of 3.95% and a net margin of 2.98%.

Northland Power Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Thursday, October 31st. Northland Power’s payout ratio is 500.00%.

About Northland Power

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.