Should I buy or sell Northland Power stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NPI shares. View NPI analyst ratings or view top-rated stocks .

What is Northland Power's stock price target for 2024?

10 brokers have issued twelve-month price targets for Northland Power's stock. Their NPI share price targets range from C$27.00 to C$39.00. On average, they predict the company's stock price to reach C$32.21 in the next year. This suggests a possible upside of 53.4% from the stock's current price. View analysts price targets for NPI or view top-rated stocks among Wall Street analysts .

How have NPI shares performed in 2024?

Northland Power's stock was trading at C$24.07 on January 1st, 2024. Since then, NPI shares have decreased by 12.8% and is now trading at C$20.99. View the best growth stocks for 2024 here .

When is Northland Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our NPI earnings forecast .

How were Northland Power's earnings last quarter?

Northland Power Inc. (TSE:NPI) announced its earnings results on Wednesday, February, 21st. The solar energy provider reported ($0.49) earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.92. The solar energy provider earned $626.22 million during the quarter, compared to the consensus estimate of $614.15 million. Northland Power had a negative trailing twelve-month return on equity of 2.09% and a negative net margin of 7.85%.

How often does Northland Power pay dividends? What is the dividend yield for Northland Power?

Northland Power declared a monthly dividend on Thursday, April 11th. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.10 per share on Wednesday, May 15th. This represents a $1.20 annualized dividend and a dividend yield of 5.72%. The ex-dividend date is Monday, April 29th. Read our dividend analysis for NPI .

Is Northland Power a good dividend stock?

Northland Power (TSE:NPI) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 5.37%. NPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for NPI .

What other stocks do shareholders of Northland Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Northland Power investors own include Enbridge (ENB) , Algonquin Power & Utilities (AQN) , Bank of Nova Scotia (BNS) , Pembina Pipeline (PPL) , Royal Bank of Canada (RY) , Manulife Financial (MFC) , Parkland (PKI) , Toronto-Dominion Bank (TD) , Brookfield Infrastructure Partners (BIP.UN) and BCE (BCE) .

How do I buy shares of Northland Power?

Shares of NPI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:NPI

Northland Power (NPI) Stock Price, News & Analysis

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C$20.99

-0.05 (-0.24%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$20.71
▼
C$21.22
50-Day Range: C$20.99
▼
C$24.06
52-Week Range: C$19.36
▼
C$34.14

Volume: 1.14 million shs
Average Volume: 1.00 million shs
Market Capitalization: C$5.37 billion

P/E Ratio: N/A
Dividend Yield: 5.72%
Price Target: C$32.21

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Northland Power MarketRank™ Stock Analysis

Analyst Rating: Buy
3.10 Rating Score
Upside/Downside: 53.4% Upside
C$32.21 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.67
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
C$16,243 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

3.6

Analyst's Opinion

Consensus Rating
Northland Power has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 9 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Northland Power has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for NPI.

1.7

Dividend Strength

Dividend Leadership
Northland Power is a leading dividend payer. It pays a dividend yield of 5.37%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Northland Power does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NPI.

3.2

News and Social Media Coverage

News Sentiment
Northland Power has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Northland Power this week, compared to 2 articles on an average week.
Search Interest
16 people have searched for NPI on MarketBeat in the last 30 days. This is an increase of 220% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Northland Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Northland Power insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$16,243.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.10% of the stock of Northland Power is held by insiders.
Percentage Held by Institutions
47.81% of the stock of Northland Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Northland Power is -29.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Northland Power is -29.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Northland Power has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Northland Power has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Northland Power Stock (TSE:NPI)

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. It owned or had an economic interest 3.4 gigawatts of operating generating capacity. The company was founded in 1987 and is headquartered in Toronto, Canada.

NPI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NPI Stock News Headlines

April 15, 2024 | finance.yahoo.com

Northland Power Inc.'s (TSE:NPI) largest shareholders are individual investors with 51% ownership, institutions own 49%

April 13, 2024 | americanbankingnews.com

Northland Power Inc. (TSE:NPI) Receives Average Rating of "Buy" from Analysts

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 12, 2024 | msn.com

Should You Buy Northland Power Stock for its 5.4% Dividend Yield?

April 3, 2024 | msn.com

This 5.37% Dividend Stock Pays Cash Every Month

March 27, 2024 | msn.com

1 Magnificent TSX Dividend Stock Down 37% to Buy and Hold Forever

March 25, 2024 | ca.finance.yahoo.com

Stocks in play: Northland Power Inc.

March 25, 2024 | msn.com

Northland Power CEO Mike Crawley to step down later this year

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 16, 2024 | seekingalpha.com

Altus Power: Valuable Partnerships And Competitive Advantage To Outperform

March 16, 2024 | msn.com

How to Earn at Least $1,560 in Passive Income in 2024 With Less Than $40K in Savings

March 13, 2024 | fool.ca

Why Northland Power Is a Top Energy Stock That’s Not Getting the Love it Deserves

March 13, 2024 | seekingalpha.com

Northland Power Preferred Shares: As Good As It Gets

March 4, 2024 | finanznachrichten.de

Northland Power Inc.: Northland Announces Sale of La Lucha Solar Facility

March 4, 2024 | finance.yahoo.com

Northland Announces Sale of La Lucha Solar Facility

February 23, 2024 | finance.yahoo.com

Northland Power Full Year 2023 Earnings: EPS Misses Expectations

February 22, 2024 | barrons.com

Northland Power Inc.

February 22, 2024 | ca.finance.yahoo.com

Should You Buy Northland Power for its 5% Dividend Yield?

January 25, 2024 | msn.com

Buy This Top Renewable Energy Stock to Grow Your Wealth

January 16, 2024 | msn.com

3 Energy Stocks Already Worth Your While

January 15, 2024 | finance.yahoo.com

Northland Power Announces Leadership Changes

December 28, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power and Gentari Renewables Announce Closing of Hai Long Partnership

December 28, 2023 | finance.yahoo.com

Northland Power and Gentari Renewables Announce Closing of Hai Long Partnership

December 13, 2023 | finance.yahoo.com

Toronto Stock Exchange, Northland Power Inc., The View From The C-Suite

November 29, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Announces Appointment of Ellen Smith to Its Board of Directors

November 29, 2023 | finance.yahoo.com

Northland Power Announces Appointment of Ellen Smith to Its Board of Directors

November 29, 2023 | msn.com

Passive Income: How to Make $1,000 Per Month Tax-Free

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/18/2024
Ex-Dividend for 5/15 Dividend: 4/29/2024
Dividend Payable: 5/15/2024
Next Earnings (Confirmed): 5/15/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Utilities
Industry: Utilities - Renewable
Sub-Industry: N/A
Current Symbol: TSE:NPI
CUSIP: N/A
CIK: N/A
Web: www.northlandpower.ca
Phone: +1-416-9626262
Fax: N/A
Employees: 1,150
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$32.21
High Stock Price Target: C$39.00
Low Stock Price Target: C$27.00
Potential Upside/Downside: +53.4%
Consensus Rating: Buy
Rating Score (0-4): 3.10
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.72)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 17.80
P/E Growth: 0.71
Net Income: C$-181,300,000.00
Net Margins: -7.85%
Pretax Margin: N/A
Return on Equity: -2.09%
Return on Assets: 3.28%

Debt

Debt-to-Equity Ratio: 165.58
Current Ratio: 1.13
Quick Ratio: 1.23

Sales & Book Value

Annual Sales: C$2.23 billion
Price / Sales: 2.41
Cash Flow: C$3.63 per share
Price / Cash Flow: 5.79
Book Value: C$15.85 per share
Price / Book: 1.32

Miscellaneous

Outstanding Shares: 255,660,000
Free Float: N/A
Market Cap: C$5.37 billion
Optionable: Not Optionable
Beta: 0.45

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Key Executives

Ms. Rachel Stephenson
Chief People Officer

Key Competitors

View All Competitors

Insiders

Eckhardt Guenter Ruemmler
Bought 1,070 shares on 3/28/2024
Total: C$16,242.60 ($15.18/share)

View All Insider Transactions

NPI Stock Analysis - Frequently Asked Questions

Should I buy or sell Northland Power stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northland Power in the last twelve months. There are currently 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NPI shares.
View NPI analyst ratings or view top-rated stocks.
What is Northland Power's stock price target for 2024?: 10 brokers have issued twelve-month price targets for Northland Power's stock. Their NPI share price targets range from C$27.00 to C$39.00. On average, they predict the company's stock price to reach C$32.21 in the next year. This suggests a possible upside of 53.4% from the stock's current price.
View analysts price targets for NPI or view top-rated stocks among Wall Street analysts.
How have NPI shares performed in 2024?: Northland Power's stock was trading at C$24.07 on January 1st, 2024. Since then, NPI shares have decreased by 12.8% and is now trading at C$20.99.
View the best growth stocks for 2024 here.
When is Northland Power's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our NPI earnings forecast.
How were Northland Power's earnings last quarter?: Northland Power Inc. (TSE:NPI) announced its earnings results on Wednesday, February, 21st. The solar energy provider reported ($0.49) earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.92. The solar energy provider earned $626.22 million during the quarter, compared to the consensus estimate of $614.15 million. Northland Power had a negative trailing twelve-month return on equity of 2.09% and a negative net margin of 7.85%.

How often does Northland Power pay dividends? What is the dividend yield for Northland Power?: Northland Power declared a monthly dividend on Thursday, April 11th. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.10 per share on Wednesday, May 15th. This represents a $1.20 annualized dividend and a dividend yield of 5.72%. The ex-dividend date is Monday, April 29th.
Read our dividend analysis for NPI.
Is Northland Power a good dividend stock?: Northland Power (TSE:NPI) pays an annual dividend of C$1.20 per share and currently has a dividend yield of 5.37%. NPI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NPI.
What other stocks do shareholders of Northland Power own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Northland Power investors own include Enbridge (ENB), Algonquin Power & Utilities (AQN), Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Royal Bank of Canada (RY), Manulife Financial (MFC), Parkland (PKI), Toronto-Dominion Bank (TD), Brookfield Infrastructure Partners (BIP.UN) and BCE (BCE).
How do I buy shares of Northland Power?: Shares of NPI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:NPI) was last updated on 4/19/2024 by MarketBeat.com Staff

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Northland Power (NPI) Stock Price, News & Analysis

Northland Power MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Northland Power Stock (TSE:NPI)

NPI Stock Price History

NPI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

NPI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™