National Bank Financial Predicts Northland Power Q1 Earnings

Northland Power Inc. (TSE:NPI) – Equities researchers at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Northland Power in a research report issued 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.

NPI has been the subject of a number of other reports. Scotiabank lowered their price target on Northland Power from C$28.00 to C$25.00 in a report on Thursday, January 30th. National Bankshares decreased their target price on Northland Power from C$34.00 to C$32.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Raymond James decreased their target price on Northland Power from C$30.00 to C$29.00 in a research note on Friday, February 28th. Cormark decreased their target price on Northland Power from C$25.00 to C$23.50 in a research note on Thursday, January 30th. Finally, CIBC decreased their target price on Northland Power from C$29.00 to C$28.00 in a research note on Friday, February 28th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$27.21.

Northland Power Stock Performance

TSE NPI opened at C$19.30 on Thursday. The stock has a market cap of C$5.06 billion, a PE ratio of -35.36, a P/E/G ratio of 0.71 and a beta of 0.47. The company has a current ratio of 1.17, a quick ratio of 1.23 and a debt-to-equity ratio of 181.28. Northland Power has a twelve month low of C$16.14 and a twelve month high of C$24.88. The stock has a fifty day simple moving average of C$17.94 and a 200-day simple moving average of C$19.97.

Northland Power Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Tuesday, February 18th were given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date was Friday, January 31st. Northland Power’s dividend payout ratio is currently -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.