Brokers Issue Forecasts for Capital Power FY2027 Earnings

Capital Power Co. (TSE:CPX) – Equities researchers at National Bank Financial issued their FY2027 earnings estimates for shares of Capital Power in a research report issued on Monday, January 6th. National Bank Financial analyst P. Kenny expects that the company will earn $3.73 per share 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 reports. Royal Bank of Canada dropped their target price on Capital Power from C$54.00 to C$53.00 and set a “sector perform” rating on the stock in a report on Thursday, October 31st. ATB Capital lifted their price objective on shares of Capital Power from C$57.00 to C$63.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 18th. CIBC upped their target price on shares of Capital Power from C$54.00 to C$68.00 and gave the company a “neutral” rating in a research note on Monday, December 30th. Scotiabank lifted their price target on shares of Capital Power from C$66.00 to C$69.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Finally, Desjardins upped their price objective on shares of Capital Power from C$60.00 to C$64.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Capital Power has an average rating of “Hold” and an average price target of C$62.78.

Capital Power Trading Down 1.4 %

TSE:CPX opened at C$60.13 on Thursday. The business’s 50-day moving average is C$61.05 and its two-hundred day moving average is C$50.39. The firm has a market capitalization of C$7.81 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64. Capital Power has a 12 month low of C$33.90 and a 12 month high of C$68.73. The company has a debt-to-equity ratio of 133.46, a current ratio of 0.88 and a quick ratio of 0.55.

Capital Power Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.652 per share. The ex-dividend date is Tuesday, December 31st. This represents a $2.61 annualized dividend and a yield of 4.34%. Capital Power’s payout ratio is 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.