National Bank Financial Forecasts Northland Power Q1 Earnings

Northland Power Inc. (TSE:NPI) – National Bank Financial issued their Q1 2025 EPS estimates for shares of Northland Power in a research note issued to investors on Monday, March 3rd. National Bank Financial analyst R. Merer forecasts that the solar energy provider will earn $0.66 per share for the quarter. National Bank Financial also issued estimates for Northland Power’s FY2025 earnings at $1.46 EPS, FY2026 earnings at $1.88 EPS and FY2027 earnings at $1.90 EPS.

Several other equities research analysts have also recently commented on the company. Scotiabank lowered their price target on Northland Power from C$28.00 to C$25.00 in a research note on Thursday, January 30th. National Bankshares decreased 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. CIBC cut their price target on shares of Northland Power from C$29.00 to C$28.00 in a report on Friday, February 28th. Cormark reduced their price objective on shares of Northland Power from C$25.00 to C$23.50 in a research note on Thursday, January 30th. Finally, TD Securities increased their target price on shares of Northland Power from C$23.00 to C$24.00 and gave the stock a “buy” rating in a research report on Friday, February 28th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Northland Power currently has an average rating of “Moderate Buy” and an average price target of C$27.21.

Northland Power Stock Performance

Shares of TSE NPI opened at C$19.25 on Thursday. The company has a debt-to-equity ratio of 181.28, a current ratio of 1.17 and a quick ratio of 1.23. Northland Power has a one year low of C$16.14 and a one year high of C$24.88. The business’s 50-day moving average price is C$17.94 and its two-hundred day moving average price is C$19.97. The company has a market capitalization of C$5.05 billion, a P/E ratio of -35.27, a price-to-earnings-growth ratio of 0.71 and a beta of 0.47.

Northland Power Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Tuesday, February 18th were given a $0.10 dividend. The ex-dividend date was Friday, January 31st. This represents a $1.20 annualized dividend and a dividend yield of 6.23%. Northland Power’s dividend payout ratio is -219.84%.

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.