National Bank Financial Analysts Cut Earnings Estimates for Northland Power Inc. (TSE:NPI)


Northland Electrical power Inc. (TSE:NPIGet Rating) – Equities scientists at Nationwide Lender Fiscal reduced their Q2 2022 earnings estimates for Northland Electricity in a investigate report issued to consumers and buyers on Wednesday, Might 11th. Countrywide Lender Money analyst R. Merer now expects that the solar electricity supplier will article earnings per share of $.07 for the quarter, down from their previous estimate of $.13. National Lender Financial also issued estimates for Northland Power’s Q3 2022 earnings at $.07 EPS and Q4 2022 earnings at $.29 EPS.

A amount of other analysts have also not long ago weighed in on NPI. Credit history Suisse Team elevated their selling price target on Northland Power from C$50.00 to C$51.00 and gave the enterprise an “outperform” rating in a investigate observe on Wednesday, April 20th. Tudor Pickering & Holt set a C$43.00 focus on value on Northland Power and gave the inventory a “buy” ranking in a study take note on Thursday, February 10th. CIBC upped their price tag concentrate on on Northland Power from C$43.00 to C$44.00 and gave the corporation an “outperform” ranking in a report on Thursday, April 21st. CSFB lifted their price tag goal on shares of Northland Ability from C$50.00 to C$51.00 in a report on Wednesday, April 20th. Lastly, Scotiabank upped their focus on cost on shares of Northland Power from C$42.25 to C$46.25 in a report on Friday, April 8th. One particular analyst has rated the stock with a keep score and eleven have issued a obtain ranking to the stock. In accordance to knowledge from MarketBeat, the corporation presently has an normal rating of “Buy” and a consensus target rate of C$46.63.

Northland Energy stock opened at C$37.71 on Friday. The enterprise has a present ratio of 1.01, a quick ratio of .76 and a debt-to-equity ratio of 276.77. The firm has a fifty day straightforward going ordinary of C$40.57 and a 200-day straightforward moving ordinary of C$38.68. The inventory has a market place cap of C$8.56 billion and a P/E ratio of 46.16. Northland Electrical power has a 12-month very low of C$34.95 and a 12-thirty day period large of C$44.11.

Northland Power (TSE:NPIGet Score) past issued its quarterly earnings results on Thursday, February 24th. The solar power supplier claimed C$.27 earnings for every share (EPS) for the quarter, lacking analysts’ consensus estimates of C$.31 by C($.04). The enterprise experienced profits of C$640.09 million for the quarter, in contrast to the consensus estimate of C$557.00 million.

The business enterprise also a short while ago introduced a regular dividend, which was compensated on Monday, April 18th. Stockholders of report on Monday, April 18th ended up issued a $.10 dividend. This represents a $1.20 dividend on an annualized foundation and a dividend produce of 3.18{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. The ex-dividend date was Wednesday, March 30th. Northland Power’s payout ratio is at the moment 110.16{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

Northland Power Firm Profile (Get Score)

Northland Power Inc, an independent electrical power producer, develops, builds, owns, and operates clean up and green electricity jobs in North America, Europe, Latin The usa, and Asia. The enterprise makes energy from renewable assets, these kinds of as wind, solar, or hydropower, as perfectly as clean up-burning purely natural gas and biomass for sale less than power order agreements and other profits arrangements.

See Also

Earnings History and Estimates for Northland Power (TSE:NPI)



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