Northland Power (NPI) Set to Announce Earnings on Thursday

Northland Power (TSE:NPI) will be releasing its earnings data after the market closes on Thursday, February 21st. Analysts expect Northland Power to post earnings of C$0.33 per share for the quarter.

NPI opened at C$24.34 on Thursday. The firm has a market capitalization of $4.41 billion and a P/E ratio of 16.21. Northland Power has a 12 month low of C$19.91 and a 12 month high of C$25.33. The company has a current ratio of 1.11, a quick ratio of 0.73 and a debt-to-equity ratio of 508.26.

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 15th. Investors of record on Friday, February 15th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, January 30th. This represents a $1.20 annualized dividend and a yield of 4.93%. Northland Power’s dividend payout ratio is currently 72.76%.

Several research firms recently commented on NPI. CIBC cut their price objective on shares of Northland Power from C$27.00 to C$26.00 in a research report on Tuesday, January 15th. National Bank Financial lifted their price target on shares of Northland Power from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Tuesday, February 5th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Northland Power currently has an average rating of “Buy” and an average target price of C$27.00.

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Northland Power Company Profile

Northland Power Inc develops, builds, owns, and operates green power projects primarily in Canada and Europe. It generates electricity from thermal, wind, solar, hydro, and biomass power plants. As of September 24, 2018, the company owned or had a net economic interest in power producing facilities with a total capacity of approximately 2,029 megawatts.

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Earnings History for Northland Power (TSE:NPI)

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