Analysts Set Expectations for Capital Power FY2028 Earnings

Capital Power Co. (TSE:CPX) – Equities research analysts at National Bank Financial issued their FY2028 earnings per share (EPS) estimates for Capital Power in a report issued on Monday, January 6th. National Bank Financial analyst P. Kenny forecasts that the company will post earnings per share of $3.81 for the year. The consensus estimate for Capital Power’s current full-year earnings is $2.82 per share.

CPX has been the topic of several other research reports. TD Securities upped their target price on shares of Capital Power from C$61.00 to C$70.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. National Bankshares increased their target price on Capital Power from C$56.00 to C$65.00 and gave the company an “outperform” rating in a research note on Wednesday, December 18th. Royal Bank of Canada reduced their target price on Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating for the company in a report on Thursday, October 31st. Scotiabank upped their price target on Capital Power from C$66.00 to C$69.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Finally, Atb Cap Markets downgraded Capital Power from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Capital Power currently has a consensus rating of “Hold” and an average price target of C$62.78.

Capital Power Stock Performance

Shares of CPX stock opened at C$60.97 on Wednesday. The company has a market capitalization of C$7.92 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. The company has a debt-to-equity ratio of 133.46, a quick ratio of 0.55 and a current ratio of 0.88. Capital Power has a one year low of C$33.90 and a one year high of C$68.73. The company’s 50-day moving average is C$60.84 and its 200 day moving average is C$50.25.

Capital Power Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st will be paid a $0.652 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $2.61 dividend on an annualized basis and a dividend yield of 4.28%. Capital Power’s dividend payout ratio (DPR) is presently 51.68%.

Capital Power Company Profile

Capital Power Corporation develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States. It generates electricity from various energy sources, including wind, solar, waste heat, natural gas, and coal. The company owns an approximately 7,500 megawatts (MW) of power generation capacity at 29 facilities.